New York City has unveiled the largest summer expansion in the history of the NYC Ferry system, boosting service in light of the recently concluded 2026 FIFA World Cup and the resulting influx of visitors. The enhanced schedule includes more weekend departures, larger vessels on the busiest routes, expanded service to the city’s beaches, and the introduction of reservable seats on select trips to improve the passenger experience.
The expanded service will run through September 13 and is designed to make travel across the …
by Riccardo Ravasini 
New York has become the first U.S. state to impose a temporary statewide moratorium on the construction of large data centers, aiming to balance the rapid growth of artificial intelligence with concerns over energy use and environmental impact. The one-year pause applies to new facilities requiring 50 megawatts or more of electricity, giving state officials time to establish new environmental standards and guidelines for future projects.
Supporters say the measure will help protect power grids, water resources, and local communities from the growing …
by Riccardo Ravasini 
In June, the contract activity reached 1,108 signed contracts, increasing 1.9% from the previous month and remaining 14.5% above last year’s level, while the median sale price stood at $1.28M, up 3.1% year over year. Regarding the data currently updated, Manhattan supply stands at 6,207 listings, down 9.2% compared to the same period last year, while pending sales total 3,821 units, up 15.5% year over year. As a result, based on the real-time ratio between pending sales and supply, the Market Pulse currently stands at …
by Riccardo Ravasini 
Manhattan’s rental market reached a new milestone in June, with the median monthly rent climbing to a record $5,295, reflecting an 8% increase compared to a year earlier. Brooklyn also set a new all-time high, with median rents reaching $4,350. The continued rise is being driven by a persistent shortage of available apartments, as vacancy rates remain historically low and inventory continues to shrink despite seasonal increases in listings.
The data highlights the growing affordability challenge across New York City. While demand …
by Riccardo Ravasini 
Miami has solidified its status as a global wealth hub, with four of the world’s richest figures, Larry Page, Sergey Brin, Jeff Bezos, and Mark Zuckerberg, all owning high-profile waterfront properties in the area.
The most notable move is Zuckerberg’s record-setting purchase in Indian Creek, where he acquired a roughly $170 million estate in the ultra-exclusive enclave often called the “Billionaire Bunker.” Bezos, meanwhile, has expanded his holdings on Indian Creek with multiple acquisitions, while Page and Brin have also invested heavily in large residential compounds and ultra-prime properties across …
by Riccardo Ravasini 
Mayor Zohran Mamdani is moving forward with plans to open a city-owned grocery store in East Harlem, reviving La Marqueta, a historic public market first launched in 1936 under Fiorello LaGuardia.
The $30 million project will be built beneath the Park Avenue Viaduct between 111th and 116th Streets, with an expected opening by 2029. The initiative aims to address rising food costs in New York City, which have surged roughly 66% over the past decade.
While the store will be city-owned, it will be operated by …
by Riccardo Ravasini