Riccardo Ravasini, Author at Rava Realty - Page 54 of 104

Miami: The Underline Breaks Ground

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The Underline will transform the underutilized land below Miami’s MetroRail, from the Miami River to Dadeland South Station, into a 10-mile linear park, world-class urban trail and living art destination.

The 10-mile linear park, a $120 million redevelopment of open space under a span of Metrorail tracks roughly parallel to the north end of the Miami River, will link the condos, coworking spaces, and tech offices of the booming Brickell neighborhood with South Miami, in a bid to be a catalyst ...

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Amazon HQ2 in NYC: it’s a GO

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Amazon has revealed its plan to develop a second headquarters along the East River banks of Long Island City, Queens. The “HQ2” corporate complex will span multiple lots and structures on Vernon Boulevard, from 44th Road, all the way to 46th Avenue.

The HQ2 development arrives as a joint venture between several state agencies and private entities. Government agencies include Empire State Development, the NYC Economic Development Corporation, and the City of New York. TF Cornerstone was selected as the ...

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There’s a surplus of luxury condos in Miami, but three more developers are building anyway

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High-end real estate development has slowed to a crawl in Miami-Dade, with most builders taking a breath while the market absorbs a bounty of condos priced at $1 million and up.

Only two new major luxury condos broke ground in 2018: Estates at Acqualina in Sunny Isles Beach, with 245 residences ranging from $4.2 million to $35 million, and One Park Grove, the third and final tower of the ritzy Coconut Grove development, priced from $2.7 million ...

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Hudson Square’s “affordable luxury”

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Nestled at the intersection of Soho, Greenwich Village and Tribeca, Hudson Square is seeing a wave of condominium projects that could define it as a cheaper option for luxury housing in the area.

In the wake of a 2013 rezoning, the waterfront neighborhood, also known as West Soho, has been primed for residential development. Over the last four years, the median sales price there has climbed 29 percent, data compiled by appraisal firm Miller Samuel shows. And ...

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Big sale in Miami Beach

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Investment guru Rob Arnott recently bought a waterfront mansion in Miami Beach in what looks to be the most expensive purchase in Miami Beach since at least 2015, The Real Deal reports.

Property records show that Arnott, recently dubbed a “modern-day Socrates” by Barron’s, paid $32 million, or just over $2,900 a foot, for a seven-bedroom, 11,000-square-foot home at 34 La Gorce Circle. There hasn’t been a deal in that price range on the beach since Ken ...

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Gowanus as well

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The city has announced its proposal to encourage more residential development in Gowanus, an effort that officials hope will be a prelude to rezoning the neighborhood.

As part of the proposal, Fourth Avenue would be up-zoned to encourage redevelopment of the busy thoroughfare and would make the city’s mandatory inclusionary housing program applicable to the area, Politico reported. In exchange for the zoning change, owners would be required to build affordable housing. Fourth Avenue was rezoned back ...

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