1. Miami Is The Top-Ranked City In the World For Luxury Home Price Increases In The Last Year
A new report from Knight Frank says that luxury home prices in Miami have risen faster than any other major city in the world over the past year. Miami saw luxury home prices surge 26.4% compared to last year and is growing at nearly triple the rate of the worldwide index. In fact, prices for the index as a whole were up 9.5% worldwide.
The gains in Miami appear …
by Riccardo Ravasini
There were 4,395 New Lease signings in Manhattan by the end of October -22.1% compared to Oct. 2020, falling to their lowest level in a year but the activity remained higher than the decade average for October due to post-pandemic recovery and prices rebound.
The Median Rental Price was $3,495, up +12.7% from the previous year, the same fate for the Net Effective Median Rent, which rose annually at the highest rate in a decade, increasing +17.9% year over year to $2,868 and yet a 0.8% below the same period two years ago before the pandemic, suggesting that the COVID discount for …
by Riccardo Ravasini 
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)
by Riccardo Ravasini 
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 is …
by Riccardo Ravasini 
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 year, …
by Riccardo Ravasini 
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, literally. …
by Riccardo Ravasini