Queens is the King

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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 in Queens faster than in ...

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South Florida Market Stats

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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 median ...

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Miami: The Underline Breaks Ground

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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 bid to be a catalyst ...

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Amazon HQ2 in NYC: it’s a GO

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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 as the ...

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There’s a surplus of luxury condos in Miami, but three more developers are building anyway

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There’s a surplus of luxury condos in Miami, but three more developers are building anyway

High-end real estate development has slowed to a crawl in Miami-Dade, with most builders taking a breath while the market absorbs a bounty of condos priced at $1 million and up.

Only two new major luxury condos broke ground in 2018: Estates at Acqualina in Sunny Isles Beach, with 245 residences ranging from $4.2 million to $35 million, and One Park Grove, the third and final tower of the ritzy Coconut Grove development, priced from $2.7 million ...

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Hudson Square’s “affordable luxury”

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Hudson Square’s “affordable luxury”

Nestled at the intersection of Soho, Greenwich Village and Tribeca, Hudson Square is seeing a wave of condominium projects that could define it as a cheaper option for luxury housing in the area.

In the wake of a 2013 rezoning, the waterfront neighborhood, also known as West Soho, has been primed for residential development. Over the last four years, the median sales price there has climbed 29 percent, data compiled by appraisal firm Miller Samuel shows. And ...

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