Headlines

SPAIN TAKES TOP SPOT FOR BOASTING BEST BEACHES IN THE WORLD

May 9, 2018

The country has broken global records by holding a whopping 590 blue flags for the quality of its sandy shores SPAIN has nabbed the top spot once again for boasting the best beaches in the world, after it was awarded 11 prestigious blue flags. The country has broken global records by holding a whopping 590 blue flags for the quality of its sandy (and pebbled) shores. Awarded by the Association for Environmental Education and the Consumer (ADEAC),...

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Master planning for huge Sunnyside Yard project to begin this summer

May 7, 2018

Photo via NYCEDC The master planning process for the Sunnyside Yard project, a mammoth plan to build a new, fully planned neighborhood to Queens, will begin this summer, the city announced Thursday. Along with Amtrak, the city’s economic development corporation said it will form a steering committee made up of local leaders and planning experts who will organize meetings and workshops to gain feedback fro...

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NYC Luxury Tower One57 Has Big Quarter Thanks to Condo Discounts

May 7, 2018

One57, the Midtown skyscraper that has symbolized both Manhattan’s luxury condo boom and its slowdown, just had its best sales quarter in more than a year. The secret: a good bargain.     One57’s 41st floor duplex Photographer: Jeenah Moon/Bloomberg Four years after completing the 90-story tower -- and setting a New York City record with a $100.5 million condo deal -- Extell Development Co. is still working to sell it ...

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Storied Plaza Hotel is set to sell for $600 million

May 7, 2018

The Plaza Hotel in New York. Photographer: Michael Nagle/Bloomberg  Its buyers are Shahal Khan, founder of Dubai-based family office White City Ventures, and Kamran Hakim, of New York landlord Hakim Organization. They agreed to pay $600 million for the hotel, at the southeast corner of Central Park, in a deal that is set to be completed on June 25.     “We worked for three and a half years to get to this stage and can...

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Malibu Real Estate Market Spikes

May 6, 2018

A wave of frenzied home buying has washed over Malibu, where sales on the beach quadrupled in the first three months of the year, according to a report from Douglas Elliman on Thursday. The ultra exclusive Malibu Beach neighborhood, lined with the multi-million-dollar homes of celebrities and business tycoons, logged 24 sales in the first three months of the year, compared to only six the first quarter of last year, according to the data. Across al...

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THREE COSTA DEL SOL TOWNS ARE DRIVING MALAGA’S PROPERTY MARKET INTO THE TOP OF NATIONAL RANKINGS

May 5, 2018

MARBELLA, Estepona and Benahavis are officially among the hottest and ‘most mature’ markets in Spain. The three towns saw sales shoot up by 11.15% in 2017 compared to the year before, exceeding  pre-2007 levels by 10.4%. The rest of Spain, meanwhile, still lags 21% behind pre-financial crisis levels. The figures come from The Marbella Property Market Report 2018, compiled by Christopher Clover at Panorama Properties – Marbella’s longest-ru...

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The Javits Center’s Major Expansion Begins To Take Shape On The Far West Side

May 4, 2018

Render showing the completed expansion of the facility, photo credit from Governor Andrew Cuomo's Office While Related’s rising skyscrapers at Hudson Yards tend to dominate the headlines for the Far West Side, the Javits Center’s expansion is another major component of the neighborhood’s ongoing revitalization. Located on the northern end of the Jacob K. Javits Center, the new 1.2 million square-foot addition to the building has been progre...

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Best hiking near NYC you can get to by public transportation

May 2, 2018

Get out of town and into nature by visiting one of these hiking spots near New York City Shutterstock.com Spring has finally arrived in New York City—which means it’s time to start thinking about all of the ways you’re going to spend time outdoors in the next few months. There are plenty of things to do in the five boroughs, of course—public art to see, parks to visit, and the like—but sometimes you just want to get away from the...

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The Los Angeles home-buying guide

May 1, 2018

Elizabeth Daniels Everything you need to know before launching a house hunt in LA Buying a home can be a truly daunting task. In today's America, it requires that many prospective homeowners sink their entire life savings into a single purchase that also happens to be the place they plan to live. In Los Angeles, where prices are sky-high and still rising, that can be a particularly overwhelming idea. For many buyers, particular...

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Central Park Tower, Country’s Tallest Building Under Construction, Officially Reaches Supertall Territory

April 29, 2018

From left to right, 111 West 57, One57, Central Park Tower, and 220 Central Park South, image by Michael Young Central Park Tower is finally starting to stick out in Manhattan’s skyline. The building, located at 217 West 57th Street, has been obscured up until now by its immediate neighbor and the near-supertall tower, 220 Central Park South. Most significant to this update is CPT is finally reaching supertall status, i.e. 984 feet (300m) abov...

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