Nearly a quarter of a million New Yorkers had feared for years the complete shutdown of the infamous “L Train”, which was long overdue. This subway line, which carries passengers through a tunnel between Manhattan and Brooklyn, is a strategic line for New Yorkers. After extensive damage from Hurricane Sandy, the city announced the closure […]
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“Pied-à-terre Tax” canceled, new changes to Mansion and Transfer Taxes: what you need to know
In order to complete its 2019 budget, and after the stir caused by the record sale of the most expensive apartment in the history of the country, the state of New York had in mind in recent months the idea to create a tax “Pied-à-terre Tax”on luxury secondary residences. After heated debates, the city’s real […]
On the move: Real estate in Bedford-Stuyvesant
Bed-Stuy, it only takes these two hyphenated syllables to throw you into a state of wonder. Is it the latest trendy New York band or a new ready-to-wear line? No, it’s actually one of the most popular neighborhoods in the Brooklyn borough: Bedford-Stuyvesant. A little bit of history In 1964, New York was officially named […]
Green light for Greenpoint, Brooklyn
Let’s play a lighting round of jeopardy. Best Residential Neighborhoods in the US: This New York neighborhood is located opposite Queens, above Williamsburg, at the northern tip of Brooklyn. Your answer: What is Greenpoint? Find out below. Real estate in Greenpoint When it comes to the real estate market, it’s imperative to be one step […]
HUDSON YARDS: What you need to know
In 2005, Related and Oxford Property Group began construction work on the West Side of Manhattan. This led to the creation of Hudson Yards, the largest private real estate project in the United States (in terms of surface area). Located between 10th and 11th avenues, the first phase of this multi-billion dollar project finally opens […]
There will be no Amazon headquarters in New York
As announced for many months, Amazon was planning to open its second official headquarters in New York. On February 14, the company said it had definitively given up. The opening of a new Amazon headquarters in New York would have been of great benefit to the city. Indeed, it promised an investment of 2.5 billion […]
A window of opportunity in Williamsburg, Brooklyn
During the course of our lives, there will be many opportunities. As it happens, we may not always be ready to seize them. But some opportunities only come once, like making a home in the hippest neighborhood in Brooklyn: Williamsburg. Williamsburg is a neighborhood exploding with major brands, trendy bars and restaurants overflowing with creativity. So […]
Live in one of Manhattan’s top neighborhoods: Upper East Side
The Upper East Side is undoubtedly one of the chicest neighborhoods in Manhattan. Wondering why? Well for starters, type in Manhattan, New York, NY on Google Maps and it’ll become very clear as the huge green mass that is Central Park captivates you and the screen. Without any hesitation, you know that’s exactly where you […]
Buy property in Carroll Gardens, a rising neighborhood in Brooklyn, New York City
Look around. If you see cliques of school children with their book bags still on their backs and smiles on their faces, then you’re in the right place, in one of the most sought-after neighborhoods in Brooklyn, New York City. We’ll explain: 76% of HNWI (High Net Worth Individuals, those with assets worth between […]
A market in which developers are conceding more and more in negotiations
With its corrugated glass façade, 252 East 57th Street was one of the first new developments aimed at redesigning North Midtown East when it was launched in early 2014. But after a long period of slow sales (about half of the condominiums, or 95 units, remained unsold), developers have decided that it’s imperative to take […]
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