Here’s a stunning fact: 30% of all apartments between 49th and 70th Streets and between Fifth and Park Avenues are vacant at least 10 months of the year, according to a Census Bureau estimate provided to New York Magazine.
Read more: http://tinyurl.com/o2t2ybd
At night, satellite images show a string of near-constant light along the cities of the U.S. East Coast. Urban growth and sprawl have created a map where Washington blends into Baltimore, and on through Philadelphia, Trenton, New York, Hartford, Providence, and Boston.
Read more: http://tinyurl.com/ljv2uto
Chinese buyers are fast becoming players in the cutthroat world of Manhattan real estate, and that keeps high-end real estate broker Dolly Lenz busy.
Read more: http://www.cnbc.com/id/101226003
Normal, market-rate apartments in New York are incredibly expensive, and I’ve explained why.
But only 38% of rental apartments in New York are actually priced at the normal market rate.
Read more: http://tinyurl.com/nxazxj2
Real estate company Re/Max Holdings Inc has filed with U.S. regulators to raise up to $100 million US through an initial public offering of Class A common stock.
Read more: http://tinyurl.com/mh9pr4x
Average asking rents in New York City have climbed to $3,017, according to REIS research. Everyone is freaking out about it.
As far as we can tell, most New Yorkers have spent today complaining about high rents on Facebook instead of actually doing the high-paying jobs that allow them to pay so much rent.
Read more: http://tinyurl.com/o6pmt5y
EDMONTON – Starting Thursday morning, it’s a lot easier for Edmonton and area travellers to take a bite out of the Big Apple.
United has launched its inaugural year-round, non-stop service between Edmonton International Airport and Newark Liberty International Airport in New Jersey, just 30 km from Manhattan and a quick train, bus or cab ride away from New York City.
Read more: http://tinyurl.com/cpbqhy3
Late last month the New York Post reported that a woman named Brenda Williams pretended her dead aunt was still alive to keep a rent-stabilized apartment in Brooklyn. For four years. Williams kept up the ruse by telling people that her aunt couldn’t see them because she was sick or asleep. Until the ploy was discovered, Williams paid only $287 a month for a 550-square-foot apartment that rents for roughly $2,200 on the open market.
Read more: http://tinyurl.com/bwb9e82