Articles on New NYC Condo Developments

125th Street's Development Boom

New Manhattan developments on 125th StreetOne street in Manhattan is about to gain 350,000 square feet of new development, and it’s not what you may think. 125th Street, often considered Upper Manhattan’s Main Street of sorts, will grow yet again thanks to three initiatives spearheaded by the New York City Department of City Planning and Economic Development Corporation. The former’s 2008 rezoning and the latter’s two pet projects, CREATE @ Harlem Green and the Corn Exchange Building restoration, will serve as anchors to make the 125th Street corridor one of Manhattan’s most important. In doing so, it will serve as a hub for new residential and commercial development as well as a catalyst for the continued growth of Upper Manhattan.

New Park Underway in Lower Manhattan

Water

Downtown Riverfront Park Breaks Ground:

Gov. David Paterson joined Assembly Speaker Sheldon Silver and Mayor Michael Bloomberg on a hot and humid Tuesday morning to break ground on the first phase of a new East River Waterfront Esplanade and Piers Project in Lower Manhattan. Bloomberg said the future park would serve as a place where residents can "hopefully enjoy cool breezes on days like this one."

From Bloomberg: 3-Pack of Good News for the Future of New York Real Estate

Real Estate News from BloombergThree items posted yesterday at Bloomberg:

Pending Sales of Existing Homes in U.S. Surge 3.6%: "'It’s a modest recovery, however these numbers are exceeding people’s expectations,' said David Sloan, senior economist at 4Cast Inc. in New York, one of three forecasters who shared the highest projection in a Bloomberg News survey."

Pending Home Resales in U.S. Probably Rose for a Fifth Month: "Homebuilder stocks have climbed over the last month amid evidence that demand is settling at low levels or picking up. The Standard & Poor’s Supercomposite Homebuilding Index rose 22 percent in July and closed yesterday at 261.28, the highest level since May 4.

TOP TEN: Hottest New Construction Buildings in Manhattan

10A newly released report lists the past season's most popular New York City new condos, based on contracts inked. The number one building? Harlem's beautiful and LEED-certified Kalahari. With good reason! We can't say enough about this building. Other highly desirable buildings in which we have condos for sale...

Fordham Students, Faculty: Looking for Room to Breathe?

Lincoln Center in New York CityBig development news happening at Lincoln Center... Fordham University's long-delayed bid for massive expansion has finally been accepted after several rounds of compromises. The good news for the noble Fordham Rams is this expansion means almost triple the dorm space, plus new parking garages and room for a new law school. The bad news is it's scheduled to take twenty-five years to complete. You know, it's that old nugget about college recruiting...just imagine all the cool new facilities in the works that won't be up until after you're gone. Plenty of students like the crowded West Side campus, but some don't. Are there other options? Say you teach, study, or work at Fordham and you'd like to live close to campus, but not too close. Obviously, that's where we come in. Click through the many apartments near Fordham we have to offer... and let us know if you see anything you like!

Union Square Branching Out: More & More Luxury Apartments Available

Luxury apartments around Union SquareFrom its dynamic social history to its famous Greenmarket and Holiday Market, Union Square has always been a diverse hotspot. Well, diverse for the most part... it hasn't always offered many upscale housing choices. But that's changing pretty quickly. It's hardly surprising high-end developers are taking advantage of Union Square's exciting setting--great bars, classy restaurants, unique shopping, Union Square Park, and so on. And it's no wonder high-end homeowners are steadily filling up Union Square luxury apartments. Here's a clip from a recent NY1 article, Union Square Housing Turns Trendy, Luxurious:

Own a Piece of New Upper West Side Development: Riverside Center Condos Available

Riverside Center in the Upper West SideEveryone's excited about Extell's new Riverside Center development running from 59th to 61st Street, and from West End Avenue back to the Hudson River. It'll eventually include five residential buildings, ranging from low-cost to luxury, plus park space, a theater, a public school, and more. Sounds like just what Trump City needs, right? It's come a long way from its railyard roots... Now a great complex will only get better. Don't get too attached to the parking lot that's there right now. In fact, we've got opportunities... We've been very impressed with Extell's first Riverside Center luxury condo, The Avery. Take a look at condos for sale at The Avery. While you're at it, check out available apartments at The Rushmore, Extell's soon-to-be-completed second Riverside project. Maybe you're more interested in owning an Upper West Side apartment near Riverside South. Contact us today!