The Waldorf Astoria’s condo conversion continues to move forward. Three years after closing its doors for its transformation, the iconic hotel has launched sales for its 375 condo residences. The new residences will range from studios starting at $1.7 million to four-bedrooms starting at $18.5 million.
Back in 2014, the developers bought the Waldorf for $2 billion, and in 2017, the hotel closed to begin renovations. Construction for the project is now underway and the developers anticipate both the …
by Riccardo Ravasini 
Riverside, a waterfront dining and entertainment venue, is now officially open in Brickell.
The venue is opening in phases, Riverside will have seven dining concepts, a tap room, multiple bars, outdoor activities and green space. In total, there will be 120,000 square feet of space on the Miami River. The design and landscaping at Riverside is said to be recreating an old Florida vibe.
The seven dining concepts are:
AWA Asian Cuisine, an Izakaya style restaurant led by Chef Gonzalo …
by Riccardo Ravasini
We studied hard to deliver a brand new report to you. The Reality Check on the Manhattan Luxury Market. Every week we hear of multi million dollar properties going on the market and sometimes the asking price seems exorbitant, because it is!
With this report we are going to tell you at what prices luxury properties are actually closing and what was their negotiability factor, anybody interested in getting a discount?
There were 79 closing at $4 million and …
by Riccardo Ravasini
Here’s a first look at Eighty Seven Park, the newly completed beachfront residential project in Miami Beach. It is Renzo Piano’s first residential building in the Western Hemisphere.
“When I look at how the glass and suspended decks of the building appear to float, and how they catch the sun and the light of the ocean, it’s fantastic,” said Renzo Piano.
The building has attracted buyers including billionaire Jonathan Newhouse, the chairman of Condé Nast International, who spent $6.2 …
by Riccardo Ravasini 
The average Manhattan apartment sold between 2010 and 2019 was just under 1,135 square feet, the smallest in more than three decades, according to Miller Samuel’s 10-year report on the Manhattan sales market.
Median sales prices for studio apartments rose by about 23 percent over the 10-year period, while spacious four-bedrooms saw median prices slide by about 3 percent. Sale prices for one- and two-bedroom apartments also grew over the decade, by 32.5 percent and 28 percent, respectively.
Overall, the …
by Riccardo Ravasini
Extell has revealed renderings of the Central Park Tower’s 100th floor residential club. Perched over 1,000 feet above Billionaires’ Row, this will be the highest residential lounge in the world.
The club will span 8,300 square feet and include a private ballroom, a dining room, a bar, a full-service kitchen, and a wine and cigar lounge.
Central Park Tower is slated to be finished by the end of the year.
(source: NewYork YMBY)
by Riccardo Ravasini