Prices keep going up!

According to Crain’s New York, it’s become more expensive to rent an apartment in Queens than it is in Brooklyn. This is a first for NYC! Read more about it here:

http://www.crainsnewyork.com/article/20150813/BLOGS03/150819579/parts-of-queens-are-now-pricier-than-brooklyn

NYC AirTran / Jamaica, Queens

Travelers who have taken the AirTrain from Kennedy Airport into Manhattan have often been left with a poor first impression due to the transit hub in Jamaica, Queens. Recently,  some NYC developers are planning on changing that with a $300 million commercial real estate project that should help give the hub some much needed improvements. If you would like to read more about the project, find the New York Times article here:

http://www.nytimes.com/2015/07/22/realestate/commercial/developers-hope-to-change-the-face-of-jamaicas-transit-hub.html?ref=commercial

United Realty's New Additions to the Team!

I am proud to announce two of our most recent hires here at United Realty, Christina Hutchinson and Ari Shaiken. I am excited about what they are bringing to our team! Read more about it here: http://newyork.citybizlist.com/article/277931/united-realty-appoints-christina-hutchison-as-national-account-manager-ari-shaiken-as-assistant-vp-of-sales

Record Breaking Real Estate Year!

New York City’s real estate market is on pace to break a record this year with a projected $75 Billion in land and building sales by the end of 2015, according to Capital New York. The previous record was $62.2 Billion in 2007, right before the housing market burst. When you see these numbers, it suggests that developers are quite bullish. Not to be forgotten, Brooklyn is also seeing in increasing number of transactions compared to last year. There is a lot of exciting stuff happening in the Big Apple! If you would like to read more about this topic, find the original article here: http://www.capitalnewyork.com/article/city-hall/2015/07/8572558/hot-real-estate-market-pace-break-annual-record

Jacob Frydman / United Realty recently executed real estate deal

Very proud to announce United Realty’s latest acquisition! Check out more details here:

http://www.bizjournals.com/triad/news/2015/08/03/airline-call-center-in-triad-sold-to-ny-firm.html

Roosevelt Island

The New York Post recently wrote an article about a little hidden gem here in the city – Roosevelt Island. Just one subway stop from the Upper East Side yet secluded from the hustle and bustle on it’s own private island, this once forgotten strip of land is becoming a new spot here in Manhattan. If you would like to read the article, here is the link: http://nypost.com/2015/07/22/why-roosevelt-island-is-making-major-real-estate-waves/

Football Season!!!

The New York Giants training camp kicked off yesterday. Even though we had a disappointing season last year, there were a few shining spots on our team. Of course, rookie of the year and pro bowler Odell Beckham is the obvious. He took the league by storm last year after coming back from injury. It will be interesting to see what our offense will look like with him and Victor Cruz together. If we can get Jason Pierre Paul back from his injury then we could be a force in the NFC. Excited to see how the season plays out and happy to have football season back!

For anyone interested in seeing the most recent #commercialrealestate transactions in NY:

http://www.nytimes.com/2015/07/29/realestate/commercial/recent-commercial-real-estate-transactions.html?_r=0

$100 Million Dollar Homes

It was a record-breaking year in the ultra-luxury housing market. There were more 100 Million + homes sold in 2014 than in any other year! With much uncertainty around the world, ultra-wealthy investors have been purchasing these trophy properties a safe-haven investment. There are over 1,800 billionaires, many of whom come from countries with great political unrest and are thus eager to invest in ultra-luxury real estate in the United States. If you would like to read more about this topic, please check out this article. http://www.crainsnewyork.com/article/20150501/REAL_ESTATE/150509993/sales-of-100m-homes-set-a-record-in-2014

NYC Billboards

Some of New York City’s most famous streets might be losing some of their most recognizable features. According to The Real Deal, a new federal law has been put in to place which may jeopardize some of the largest and brightest billboards on Broadway and 7^th Ave. If you would like to read more about this topic, please check out this article: http://therealdeal.com/blog/2015/05/04/federal-act-endangers-giant-times-square-billboards/