October 2021 - Rava Realty

Governors Island Will Be Open Year Round

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Governors Island Will Be Open Year Round

A welcome escape from New York City’s typical hustle and bustle will now be open all year — and just a short ferry ride away.

The 172-acre island in New York Harbor opened wide to the public in 2006 after decades as a military installation.

Governors Island starting Nov. 1 will be open from 7 a.m. to 6:15 p.m.

NYC Ferry service will be offered on the South Brooklyn Route during weekdays and non-summer weekends, in addition to the existing Pier 11/Wall Street summer shuttle.

(source: patch.com, picture: patch.com)

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Miami’s Homeless Population Now At The Lowest Level Ever Recorded

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Miami’s Homeless Population Now At The Lowest Level Ever Recorded

Miami-Dade’s homeless population has reached a new record low, according to CBS4.

In total, there were just 919 unsheltered homeless in Miami-Dade as of August 2021, a countywide census showed.

The total homeless population in Miami-Dade, including both sheltered and unsheltered, stood at 3,355 – a 58% decrease compared to the 8,000 recorded in 1996, when records began.

The Miami area has one of the lowest per-capita homeless rates of any big U.S. city.

Miami-Dade’s overall population has also increased 29% over the past 25 years, so the homeless population drop ...

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Renters are ‘frantic’ to return to NYC

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Renters are ‘frantic’ to return to NYC

Imagine wanting to ease back into your New York City life after being away for a year. You scan apartment listings and see your old place is available. Sounds like a great coincidence, right?

That’s what happened to many people, like Ranee Soundara, who let her apartment lease lapse during the pandemic, and was hoping to return to the city in October. There was only one problem: The place is “now almost 25 percent more than what I paid last ...

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You can live in Chris Bosh’s former Miami Beach mansion, but you’ll need $42 million

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You can live in Chris Bosh’s former Miami Beach mansion, but you’ll need $42 million

Want to live where an NBA star laid his head (and six- foot-11 frame)? You’ll need $42 million or so.

Chris Bosh’s Miami Beach former home is for sale.

What you’ll get for your hard earned cash ($3,500 a square foot) is a stellar abode fit for the basketball king that he was: a seven bedroom, eight bath waterfront mansion.

Bosh sold it in January for $14.4 million to an affiliate of Miami-based homebuilder AquaBlue Group which relisted it for almost three times the price.

Another perk of living at the Miami Heat standout’s former home? Model neighbors, ...

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Incredible discounts at Central Park Tower

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Incredible discounts at Central Park Tower

Gary Barnett’s Extell Development sold a sponsor unit of the Central Park Tower at 217 West 57th Street nearly 50 percent below its asking price.

The 7,984-square-foot, four-bedroom unit was offered on the market at $95 million and sold for $49.7 million—the mystery behind the buyer, who protected his identity behind an LLC.

The residence with a 2,000-square-foot terrace and an outdoor pool was the building’s most expensive until it was surpassed by an 11,535-square-foot duplex created by the merger of two apartments ...

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South Florida Investors invasion

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South Florida Investors invasion

According to the latest Redfin investor real estate report in July, home purchases by investors in Miami and Fort Lauderdale jumped a whopping 90% in the second quarter of 2021, compared with the same period the year before.

Investors bought 2,640 homes in Miami in the second quarter of 2021, up by about 91% compared with 2020. They purchased 2,163 homes in Fort Lauderdale in the second quarter, up by 183% from the same period a year ago, and they gobbled up 1,243 homes in West Palm Beach, a 53% increase ...

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