Developers are rushing to cut deals in unoccupied units in the swelling inventory of luxury properties through NYC. According to reports, prices have dropped dramatically, more than they have in the previous four years. The Real Deal stated, on average it took two months longer to sell a luxury...
Archive for Category: In the Press
Despite the country’s current political divide we can all agree that starting January 1st there will be many economic and real estate changes, some we’ve already started seeing. ‘I think if you’ve been sitting on the fence… the likelihood of Fed rate increases over the next 15 months, means you...
America’s Thoughts on the Best Long Term Investment We all want to be frugal with our money, therefore we must be wise with our investments. There are countless entities that we can invest in such as stocks/mutual funds, gold, savings accounts/CDs, and bonds. Despite the appeal of these long...
Here in New York City, everyone is talking about new construction, but 432 Park takes the lead on conversation. Harry Macklowe wanted to create the tallest residential building in the Western Hemisphere, and in that process, had to innovate by creating a new type of concrete so that the...