Over 10K residential units planned along Miami River

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Over 10K residential units planned along Miami River

South Florida’s Miami River is poised for a development surge, with a dozen projects potentially adding 10,500 condo and apartment units. The analysis focused on applications and construction loan filings from the past year, hinting that the count might be higher.

Ranging from proposals to nearly completed constructions, these projects signal a resurgence along the 5.5-mile stretch from Miami International Airport to Biscayne Bay.

The river, a historic site dating back 7,000 years, is witnessing renewed interest after developers diverted to other areas. This resurgence ...

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NYC’s Culinary Crown Grows: 12 New Michelin Star-Winning Restaurants for 2023

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NYC’s Culinary Crown Grows: 12 New Michelin Star-Winning Restaurants for 2023

Among the twelve 2023 star-winners are two Japanese establishments that ascended from one star to two stars: Odo in Flatiron and Sushi Noz on the Upper East Side.

The list of new One Star recipients includes a diverse range of cuisines and neighborhoods:

  • bōm: A contemporary Korean eatery in Flatiron.
  • Essential by Christophe: A French contemporary restaurant on the Upper West Side.
  • Jōji: A Japanese and sushi spot in Midtown.
  • Meju: A Korean restaurant in Long Island City.
  • Restaurant Yuu: A French contemporary and Japanese establishment ...
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The Big Apple’s Nest: 80% of NYC Gen Z Adults Still Living at Home

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The Big Apple’s Nest: 80% of NYC Gen Z Adults Still Living at Home

A recent study unveils a surprising trend in the city that never sleeps—nearly 80% of Gen Z adults in New York City still reside with their families. Millennials aren’t far behind, with 28% choosing to remain in multigenerational households. By sheer numbers, New York City has the highest number of Millennials and Gen Z-ers still living at home, with 1.2 million and 2.2 million.

Interestingly, the study notes a decline in the number of millennials and Gen Z-ers living at home in ...

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Manhattan’s Out-of-State Buyers: Who’s Buying and Where

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Manhattan’s Out-of-State Buyers: Who’s Buying and Where

Amid the narrative of New York City residents leaving during the pandemic, a hidden trend emerges — out-of-state buyers investing in Manhattan real estate. Analyzing residential sales over the past two years, excluding purchases through shell companies, reveals a dynamic market.

  • New Jersey residents led the pack, investing $1.48 billion in over 1,400 deals, comprising over 20% of the total sample volume.
  • California followed closely, contributing $1.25 billion across 900 deals, with San Francisco buyers accounting for over 15% of that spending.
  • Florida saw significant investment, with Floridians spending nearly $788 million on 651 homes.

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Manhattan Market Pulse: November 2023

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Manhattan Market Pulse: November 2023

Here we go with the Manhattan Market Pulse, what’s going on in the Residential Market? 

The contract activity, the number of signed contracts, for the month of October is down 9.8% compared to a year ago and also down 11% compared to the historical average for the month of October. 

The Median Sales Price for a Manhattan apartment is $1.12M and it’s 2% down compared to a year ago. 

The supply, the number of units ...

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