According to The Real Deal, the largest project plans filed in February with the NYC building department were for a 522-unit mixed-use project in Jamaica at 147-07 94th Avenue, at the heart of downtown Jamaica Queens A rendering of the Crossing at Jamaica Center Artimus Construction’s 24-story, 522-unit mixed use development will span 427,537 [...]
The East Side Access is a massive project that will be a tremendous boost to the Queens Real Estate Market. This project originally envisioned in 2006 will be Extending between Sunnyside, Queens and Grand Central Station in Manhattan. This new tunnel will route the LIRR from its Main Line through new track connections in Sunnyside [...]
Kicking off this new year with quite a splash Governor Andrew Cuomo announced his intention to overhaul JFK Airport in Queens, as well as the highways and modes of public transit that lead to it. According to the Gothamist, Cuomo also discussed a possible Jamaica Station overhaul, calling for a "much more sleek and modern [...]
Yesterday I was chatting with a couple of real estate investor clients of mine and the conversation of cash flow came up. One partner was anxious to turn his current assets into an empire quickly where as the other was more focused on monthly cash flow. Both of these gentlemen were correct, but cash flow [...]
Chinese nationals became the largest foreign buyers of US homes last year representing over 27 percent of all international home sales in the U.S and according to a new study they pour billions into American real estate seeking safe offshore assets. A huge surge in Chinese buying of both residential and commercial real estate last [...]
Federal Reserve Chairwoman Janet Yellen reiterated Thursday that the case for an interest rate hike has strengthened and said that it would be "appropriate relatively soon," reinforcing expectations for an increase at next month's policy meeting. Click here to read article on Investors Business Daily
“A Trump win will bring a property industry leader into the White House for the first time in American history. Without a doubt a Trump presidency will be pro-property and pro-real estate,” said Peter Wetherell, chief executive of Wetherell and a leading London real estate broker. Click Here to read the entire article courtesy of [...]
A question I get all the time is "where do I think the real estate market is heading after the elections this fall?" I may not know exactly whats going to happen, but I can tell you the party always ends. I am not exactly sure, but here are signs that indicate one should proceed [...]
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