Riccardo Ravasini, Author at Rava Realty - Page 5 of 99

NYC’s Culinary Crown Grows: 12 New Michelin Star-Winning Restaurants for 2023

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Among the twelve 2023 star-winners are two Japanese establishments that ascended from one star to two starsOdo in Flatiron and Sushi Noz on the Upper East Side.

The list of new One Star recipients includes a diverse range of cuisines and neighborhoods:

  • bōm: A contemporary Korean eatery in Flatiron.
  • Essential by Christophe: A French contemporary restaurant on the Upper West Side.
  • Jōji: A Japanese and sushi spot in Midtown.
  • Meju: A Korean restaurant in Long Island City.
  • Restaurant Yuu: A French contemporary and Japanese establishment ...
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The Big Apple’s Nest: 80% of NYC Gen Z Adults Still Living at Home

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A recent study unveils a surprising trend in the city that never sleeps—nearly 80% of Gen Z adults in New York City still reside with their families. Millennials aren’t far behind, with 28% choosing to remain in multigenerational households. By sheer numbers, New York City has the highest number of Millennials and Gen Z-ers still living at home, with 1.2 million and 2.2 million.

Interestingly, the study notes a decline in the number of millennials and Gen Z-ers living at home in ...

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Manhattan’s Out-of-State Buyers: Who’s Buying and Where

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Amid the narrative of New York City residents leaving during the pandemic, a hidden trend emerges — out-of-state buyers investing in Manhattan real estate. Analyzing residential sales over the past two years, excluding purchases through shell companies, reveals a dynamic market.

  • New Jersey residents led the pack, investing $1.48 billion in over 1,400 deals, comprising over 20% of the total sample volume.
  • California followed closely, contributing $1.25 billion across 900 deals, with San Francisco buyers accounting for over 15% of that spending.
  • Florida saw significant investment, with Floridians spending nearly $788 million on 651 homes.

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Manhattan Market Pulse: November 2023

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Here we go with the Manhattan Market Pulse, what’s going on in the Residential Market? 

The contract activity, the number of signed contracts, for the month of October is down 9.8% compared to a year ago and also down 11% compared to the historical average for the month of October. 

The Median Sales Price for a Manhattan apartment is $1.12M and it’s 2% down compared to a year ago. 

The supply, the number of units ...

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Lincoln Road Welcomes Five New Tenants

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Miami Beach’s renowned outdoor shopping and dining destination, Lincoln Road, is set to welcome five new tenants by the end of October, enriching the mix of over 200 shops, galleries, and restaurants along its eight blocks.

The newcomers include:

  1. HOKA: An international footwear brand joining the likes of Nike and Adidas on Lincoln Road.
  2. Luli Fama: A South Florida-based retailer known for luxurious women’s swimwear.
  3. IT’SUGAR: An immersive candy experience store offering a vast array of candies.
  4. IT Italian Trattoria: A restaurant with an open kitchen providing diners ...
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