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South Florida

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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 in ...

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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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