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New York City’s Latest Development Projects Revitalize Neighborhoods
New York City is a high-demand market for a reason, with a strong population of young professionals chasing their dreams, businesses opting to locate headquarters in the city, and an entertainment scene that is always thriving. Development projects breaking ground reflect the region’s housing needs and bring unique entertainment and recreational options to residents.…
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New Developments Bring Innovative Affordable Housing to Brooklyn
There’s good news on the horizon for New York City’s housing shortage – several high-profile projects have recently been completed across Brooklyn, bringing affordable and luxury housing options to the borough. The projects are primarily residential, and in addition to market rate or affordable housing, several of the buildings offer unique amenities to tenants.
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Major Residential Developments Near Completion in Queens
New York City is getting an influx of much-needed multifamily housing in the up-and-coming borough of Queens. The projects, which are completed or near completion, will bring hundreds of new rental units to market. Residents looking to live in the new buildings will have access to high-end amenities, and a number of units have been…
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Real Estate Developers Press Ahead on Projects in Manhattan and Jersey
What’s New in New York and New Jersey: From Hell’s Kitchen to Jersey City, real estate developers are hard at work on exciting projects this summer. Upcoming developments include Manhattan’s first film and TV production studio, a new 51-story Aloft hotel along the Hudson River waterfront, and a rental tower coming to Jersey City. Here…
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Residential Development Shapes Brooklyn Real Estate Market This Summer
What’s New in New York: Real estate developers are wrapping up several new residential mixed-use developments in Brooklyn this summer and kicking off a number of exciting new projects. From residential towers to mixed-use skyscrapers, these amenity-filled developments will provide desirable new housing options for residents and newcomers alike. Here are the development updates for…
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New York Developers Unveil Upcoming High-Rise and Office Projects
What’s New in New York: Several exciting residential, office, and commercial real estate projects are kicking off in NYC this summer. Renderings and proposals for projects in Manhattan and Queens have recently been released, unveiling plans for new residential high-rises and commercial space in Rego Park and Hell’s Kitchen, and an office development in Long…
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High-Rise Development: UES & Hudson Yards Transform Manhattan
What’s New in New York: Several new projects spanning several asset classes – including a multifamily tower, hotel, and medical office building – are undergoing construction across Manhattan this year. The skyscrapers will bring new residential, retail, and industrial space to the city’s growing skyline. Here’s a look at the exciting projects underway in Manhattan’s…
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Residential Development Remains Strong in Long Island City
What’s New in New York: Long Island City is one of New York’s fastest-growing neighborhoods since rezoning led to an influx of reinvestment and redevelopment in 2001. The neighborhood’s excellent transit access and an ample supply of underdeveloped properties are only a few of the qualities attracting developers to the area today. Today, several mixed-use…
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Brooklyn Real Estate Developers: Unhurried
New York developers are capitalizing on record high rent prices in and around the Big Apple. While demand for many commercial real estate assets remain low – residential projects offer developers a near-guarantee of profit. Moreover, with interest rates on construction loans reaching above 10%, many developers are selling off or pausing their larger, more…