Did Amazon change Long Island City real estate?
Short answer: not really. – When Amazon announced its plans to bring part of its second North American headquarters to Long Island City, there was much hand-wringing about what the tech giant would do to the neighborhood—particularly in terms of real estate prices. But prices had already been rising in the area at a faster pace compared to Manhattan, even prior to Amazon’s announcement last …
by Riccardo Ravasini 
There are 3,416 Airbnb listings in Miami Beach for every 50,000 residents – by far the highest of any city in America, according to a new study.
The cities of Miami and Fort Lauderdale also rank in the top 10, with 1,033 and 1,015 Airbnb listings per 50,000 residents, respectively.
More than 350 cities were studied by IPX1031 using Airbnb data for the ranking. Airbnb is beginning to cater to those looking for Airbnb investment properties in Miami. The company has partnered …
by Riccardo Ravasini 
Amazon has inked a lease in midtown Manhattan less than a year after abruptly withdrawing from plans to bring half of its second North American headquarters to Queens, according to the the Seattle-based company.
The e-commerce giant has signed a lease for 335,000 square feet in the Hudson Yards where it will have more than 1,500 employees.
The arrangement is Amazon’s largest expansion in New York City since the company abandoned plans to situate half of its second headquarters in Long …
by Riccardo Ravasini 
September 2019 was a strong month for residential sales in Miami, according to statistics from the Miami Association of Realtors.
Both single family homes and condo sales were up by double digits compared to the same period last year, fueled by people relocating from high-tax states, the Realtors Association said.
Total dollar volume of single family home sales in Miami-Dade county was up 19.8% compared to the prior year, while condo volume was up 14.5%. Newly constructed condos could have …
by Riccardo Ravasini 
Brickell Flatiron has reached completion, the tower is 64 stories and 736 feet above ground becoming the fourth tallest building ever built in Miami and the tallest all-condo building south of New York.
Hundreds of new residents will now begin moving into Brickell, with closing about to begin. A total of 527 residential units were built at Flatiron, of which 95 percent are sold. Approximately 70 percent of the building’s buyers came from U.S. markets.
A popular London-based Japanese entertainment …
by Riccardo Ravasini 
It may seem like New York City is in the midst of a building boom, with new developments continuing to go up in areas including Long Island City and Downtown Brooklyn. But a new report prepared by the Department of City Planning refutes that, and makes the case that New York City needs to build more housing to keep up with its “explosive” job growth.
The report, titled “The Geography of Jobs,” delves into the city’s and tri-state area’s economic …
by Riccardo Ravasini