Conversion has more than one meaning in the Financial District (FiDi). As banks and other financial services firms like Nomura, Fidelity Investments and Deloitte find themselves relocating to Midtown or New Jersey, developers are buying downtown commercial buildings and converting them into high-end residential condominiums and rentals. Last year, The New York City Government reported Read more…
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NYC Design Month: David Rockwell & Sandra de Ovando Share How to Tell Your Story Through Design
This month marks Design Month here in New York City, and in honor of this celebration, we reflect back to the insights and trends we garnered from the Architectural Digest Design Show in March, where an array of artists and designers gathered for a four-day event, focusing on all things architecture and design. The widely Read more…
Coworking Spaces: Today Design and Amenities Take Center Stage
There are approximately 10,000 coworking spaces worldwide, yet new coworking companies are constantly making their way onto the map. In order to be successful and differentiate their spaces from the masses, many coworking companies are leveraging innovative workplace design and a unique menu of amenities to target a more niche consumer base. Coworking initially began Read more…
Luxury Rentals Cater To “Millennial Mindset” Of Flexible And Convenient Luxury Living
Luxury, multi-million dollar condos have long been considered the epitome of luxury living in NYC – as seen in hit shows like Million Dollar Listing New York and Real Housewives of New York City – where buyers, mainly consisting of people who are at the height of their careers, can settle down and invest in Read more…
Embracing Urban Green Space in New York City
Amidst New York City’s concrete jungle, green spaces are increasingly sprouting about. As outdoor living space becomes more coveted by urban dwellers, both New York residential and commercial real estate sectors have incorporated environmentally friendly and engaging amenities to buildings across the five boroughs. According to NYC Department of Design and Construction, green buildings are Read more…
The Hamptons Real Estate Market Remains Hot in Less Certain Luxury Real Estate Climate
The news is flooded with reports of a slowdown in luxury real estate, from Miami to New York City. Earlier this year, The National Association of Realtors reported that nationwide, existing-home sales were down 7.1%. The Commerce Department confirmed that while new-home sales rose in February, sales fell 18% in the Northeast, Midwest and South. Read more…
Luxury Hotels – Innovating with New Technology
Although incorporating technology in hotels isn’t a novel concept in the world of hospitality, there are a number of upscale hotel chains and properties worldwide who are continuing to raise the bar onsite with high tech features. Whether for seamless connectivity, increased security, onsite amenities, environmental sustainability, or added convenience, luxury hotels are at the Read more…
The Business of Midtown Manhattan Real Estate
There is much more than meets the eye to big city residential real estate trends in New York especially in midtown, where a symbiotic relationship with commercial development plays a major factor. Capital reinvestment in midtown is keeping the city healthy, as iconic buildings are currently being modernized to maintain functionality. Many office buildings, Read more…
Sky Debuts Permanent Yayoi Kusama Sculpture
New York City’s first permanent installation by world renowned Japanese artist Yayoi Kusama, a 9-foot bronze pumpkin sculpture, has been unveiled at the entrance of Midtown West’s new 71-story residential development Sky in the building’s infinity loop motor court. In 2016 TIME Magazine named Yayoi Kusama one of the world’s 100 most influential people. Developed by Read more…
Building Boom Signals Renewal in Brooklyn’s Downtown
Downtown Brooklyn is undergoing an incredible renaissance featuring a surge of new development activity. With more than $9 billion in private investment over the past 10 years, the neighborhood has emerged as one of New York City’s most rapidly developing residential and commercial areas. Presently, there are more than 7,300 residential units in Downtown Brooklyn Read more…