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Blog

February 6, 2019
South Florida

European and Canadian investors now account for a much bigger share of foreign investment in the residential and commercial markets in South Florida, according to a report by the National Association of Realtors (NAR) and data provided by Real Capital Analytics (RCA). And Asian countries remain engaged in the area. Singapore has been among the top five investors three times in the past three and a half years, and China accounted for the second largest source of foreign investment …

by Riccardo Ravasini
February 6, 2019
Columbia University’s Manhattanville campus debuts final Renzo Piano building

The last of three buildings that Renzo Piano Building Workshop designed for Columbia University’s Manhattanville campus in West Harlem officially debuted earlier this week. The three-story building, known as the Forum, is located on a triangular lot at the intersection of West 125th Street and Broadway. The 56,000-square-foot structure will serve as a space for academic conferences, and public meetings and discussions.

The Forum now joins the other two buildings designed by Renzo Piano at …

by Riccardo Ravasini
February 6, 2019
Queens is the King

A new market report from StreetEasy shows that Queens continues to be the borough on the rise, in more ways than one, as buyers cast a wider net in search of more affordable housing.

The August 2018 report indicates prices for houses in the borough reached an all-time high of $536,028, with a 7.1 percent annual increase. Prices in the borough are now 23 percent higher than they were in 2013. Houses are also changing hands …

by Riccardo Ravasini
January 29, 2019
South Florida Market Stats

Miami-Dade: residential sales in the third quarter rose 15.2 percent, year-over-year, to 6,792 in Miami-Dade County, the highest surge of all three counties. Condo sales increased 16.7 percent to 3,524, and single-family home sales jumped 13.7 percent to 3,268. Sales volume totaled $3.1 billion, up 24 percent from $2.5 billion during the same quarter of last year. The third quarter of 2017 was slow due to the impact of Hurricane Irma, which could explain why sales experienced double-digit growth.The …

by Riccardo Ravasini
January 29, 2019
Miami: The Underline Breaks Ground

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 …

by Riccardo Ravasini
January 29, 2019
Amazon HQ2 in NYC: it’s a GO

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 …

by Riccardo Ravasini
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