NYC Luxury Real Estate Blog

New Developments Coming to FiDi

 

The city is everchanging. You can always expect to hear plans of new developments in any given neighborhood. New York has some of the nation's oldest buildings, while the newer ones are preparing to make history. Check out the top five residential buildings coming soon to the Financial District:

The Ever-Changing Neighborhood of Tribeca

Tribeca is a neighborhood in Lower Manhattan, titled as an acronym formed from “Triangle Below Canal Street.” Tribeca is an upscale area in Manhattan that has been modified greatly throughout the years, giving it a great deal of history. It is also the home of the Tribeca Film Festival and many notorious celebrities. Robert De Niro is known to be a long-time resident of Tribeca, having been investing in the area since 1989. He also happens to be the co-founder of the Tribeca Film Festival, Tribeca Productions, and owner of The Greenwich Hotel, Nobu and Tribeca Grill; all located in Tribeca. 

101 Tribeca Adds To FiDi's Residential Skyline

 

101 TriBeCa, Image by KPF

 

The Tribeca property formerly known as 101 Murray Street is now 101 Tribeca. The site's new moniker underlines its flagship status amid the plethora of futuristic-looking architectural conversions in the remarkably popular area. New York YIMBY has reported 101 Tribeca's new renderings that reveal a massive gleaming tower that approaches 1000 feet skyward.

New Towers to take over Downtown Brooklyn

Junior's, Downtown Brooklyn

One of New York City’s largest central business districts, Downtown Brooklyn, is on the rise, literally and figuratively. Known mainly as a commercial region, this area has been going through some major transformations over the past ten years. Some of the most noticeable changes include the addition of many residential high-rises. According to the Brooklyn Daily, director of real estate and planning in Downtown Brooklyn, Alan Washington states, “The fabric of a great urban environment is when people get to live, work, and play in the same area.” The goal of these transformations is to build more residential developments, along with creating some of the tallest and largest buildings Brooklyn has yet to see.

Queens Districts Shift and Swell, Home Prices Soar

Courtesy of: @JuhaOnTheRoad

Queens home prices have increased more than 10 percent for the first quarter of 2014 compared to first-quarter data for 2013, according to a report published by real estate firm Douglas Elliman. Major developers are redefining the typical Queens neighborhood. Queens communities that were once industrial and residential wildernesses that framed Manhattan's burgeoning landscape are turning into New York's yuppie hubs of the future. 

 

NCM Choice: Top 12 Brooklyn Restaurants 2014

In Brooklyn and not sure where you should eat? Check out New Construction Manhattan’s top picks for dining in the hottest Brooklyn neighborhoods. If you’re looking for Mediterranean, Italian, Thai, Japanese, or even ice cream, then there’s a choice on this list for you. Feast your eyes, and have your fill of Brooklyn’s finest cuisines.

BAM Cultural District Changes Landscape of Downtown Brooklyn

Downtown Brooklyn Skyline

Until just a few years ago, Manhattanites would scoff at the notion of culture in Brooklyn. After all, how could Brooklyn compete with epicenters of artistic expression like the Lincoln Center, the MOMA, and the New York City Ballet? There seemed to be no reason to brave the subway system when some of the best performances and exhibitions in the world took place right on the island.

 

Brooklyn Bridge Park Developments Break Sales Records

Brooklyn Bridge Park

Developments around the Brooklyn Bridge are hitting it out of the Park, literally. New Construction developments in Brooklyn Bridge Park are breaking sales records in the borough.

The "Upper West Side" Condos of Canada

Upper West Side Canada

How much would you say a three-bedroom, Upper West Side condo with underground parking goes for? Millions? While the median price for a condo in Manhattan’s Upper West Side today stands at $3.575 million, this one is different and only a fraction of the price, at $289,000. No, that isn’t missing a zero. You can own an Upper West Side condo for less than $300,000, but there’s a catch—it’s in Canada.

Neighborhood Watch: Harlem's Rising Star

Harlem

The neighborhood of Harlem has changed throughout time and has fit into a number of categories since it’s beginnings in  the 17th century. Notably, the neighborhood has morphed from, farmland, battlefield, resort town, commuter town, and presently has re-burst into life in the 21st century as one of NYC’s most sought out neighborhoods. Here’s why: 2013 apartment’s in Harlem were both bountiful in inventory and reasonable in price, leading to a higher influx of new residents.