The top 10 biggest real estate projects coming to NYC
A mixed-use affordable housing development in the Bronx was the largest project filed with the city in May. Jorge Madruga’s Maddd Equities is planning a roughly 274,000-square-foot development at 1164 River Avenue. The 17-story building will contain 250 affordable...
The most affordable neighborhoods in New York City: A 2018 buyer’s guide
It’s always a battle for affordability in New York City. As the luxury real estate market cools, buying into some of the city’s less expensive neighborhoods continues to get more and more competitive by the minute. To help cash-strapped buyers—as well as smart...
“Follow the Artists” to New Development Opportunities
Daren Hornig’s father gave him development advice which the younger Hornig (pictured) wishes he’d followed from the get-go. He passed along his father’s wisdom in the “Boroughs on Fire: The Development Boom Outside Manhattan” panel at the recent Connect New York...
Apartment Builders Gearing Up To Benefit From Construction Slowdown
Residential construction in New York City has slowed significantly since 2016’s cracking pace, and multifamily developers say it is a welcome development that will help soak up supply. “I expect construction prices to fall off a cliff in 2019 and 2020. It’s a good...