new york Archives - Page 8 of 18 - Rava Realty

MTA Unveils Next-Generation Subway Cars

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The next generation of subway cars is poised to hit the rails.

MTA unveiled their long-awaited R211 subway cars. Officials literally pulled a curtain to reveal the city’s first look at what could be a 1,600-car fleet crisscrossing subway lines.

Passenger service with the cars likely won’t start until September 2022, said Demetrius Crichlow, executive vice president and COO of New York City Transit. “We start qualifying and testing within the next few weeks, ...

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Manhattan Real Estate Sales Market Update | 2nd Quarter 2021

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The Manhattan real estate market is experiencing a period of significant recovery. Although the inventory is still substantial, sales activity has exploded and the “covid discount” effect is already disappearing. It should be remembered that these data are somehow still influenced by the pandemic as they reflect the difference between this quarter and the same period last year.

Talking by Numbers. Let’s try ...

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NYC Schools Will Go All In-Person, No Remote Next Year

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New York City’s public school students will all return to classrooms in the 2021-2022 year, Mayor Bill de Blasio said.

“It’s good news: New York City public schools, one million kids will be back in their classroom in September, all in-person, no remote,” he said on MSNBC’s Morning Joe.

The announcement represents a significant upcoming return to normal for the city’s schools, which have been at least partially remote since the coronavirus pandemic first struck in March 2020.

(source: patch.com)

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Manhattan Sale Contracts – April 2021

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“New signed contracts for all three property types combined expanded annually for the past three months. The new signed contract gains were significantly larger for this March and April because the year-ago period marked the early days of the pandemic lockdown. New inventory jumped annually for the most recent two months for the same reason.”

(source: millersamuel.com)

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The Subway is back 24/7

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Round-the-clock subway service in New York City resumed May 17 after more than a year of late-night, pandemic-related closures.

Gov. Andrew Cuomo made the announcement in late April wrapped it into a broader swath of reopening announcements that end most pandemic-related capacity limits and eliminate restaurant curfews.

The city that never sleeps is slowly—but surely—living up to its name again and waking up from the COVID-19 pandemic, but so should the subway system—and ASAP,” Sen.Schumer said in a statement.

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