Real estate, for rent, allows you, the investor, to determine your income. Buying a home is not always makes a profit at the expected volume. During the period from 1890 to 2012, the economic profitability of the real estate adjusted for inflation was 0.17%. It was only a portion of the profits from 6,27% investment in the stock market over the same period. But there is a way to earn…
A gleaming new skyscraper with green terraces with a height of 65 floors, designed for BIG Hudson Yards, is one step closer to implementation. The developer Tishman Speyer has bought the rights to the airspace needed for each of the skyscraper in new York. Deal mind-boggling for an ordinary layman the amount of 157 million dollars was concluded between a developer, a Corporation Hudson Yards Infrastructure Corporation and the transport…
Rejoice, new Yorkers, the new housing lottery opened this week in one of the most expensive areas of the city. Miracles happen sometimes, Yes. You can imagine how happy will be the lucky ones who Fortuna will present such a gift. source: cityrealty Our building is located on the outskirts of Chelsea, at 42 West 33rd Street. As in most cases with these lotteries, the apartment building boasts all imaginable…
Maybe we new Yorkers are so hard the survivors of the victory of the current President of the United States Donald trumpand will be a reason for a small joy. As reported by TimeOut New York, Barack and Michelle Obama can move to the Big Apple. Observant reporters noticed that a couple of ex-President quietly and without pathos called for sale home at 10 Gracie Square Upper East Side. The…
If you expect profitable to rent an apartment, you probably watch for new offerings on the market cost of real estate. Last week started accepting applications for participation in the lottery of affordable housing located in three buildings in Brooklyn and Manhattan. PITKIN-BERRIMAN APARTMENTS Apartments with the lowest rents in the new LCD located at 2501 PITKIN AVENUE, BROOKLYN. The cost of living in them starts from $558 per month….
From time to time the real estate market can treat sudden discoveries, such as luxury penthouse in the heart of Manhattan or the medieval castle. Now, in this motley and motley group, and added another small house from fairy tale. Cottage, reminiscent of the house of the seven dwarfs from the disney cartoon about Snow white for sale for the second time in a row. This time on the «price…
Nowadays housing prices are significantly low, and only the housing lottery help to be able to rent a decent apartment in a decent area for a reasonable price. The problem is that this chance is very slim, and can get lucky a very small number of people. But still it is there and it already gives hope. source: moinian This time the lottery was opened in an apartment complex called…
The hurricanes Harvey and Irma caused not only physical and material damage to the country, but also adversely affected the economic growth in the third quarter. However, experts believe that the growth in housing prices should soon stabilize the economy. It is expected that the restoration of buildings destroyed by hurricanes in Texas and Florida, will also provide improved performance in the fourth quarter. The consumer confidence index (CCI) –…
Last year ProPublica reported that over the past few years the number of evictions in new York increased and the number of homeless has increased to almost record levels since the great Depression. This is due to significant violations of law by landlords in respect of tenants who rent apartments with stabilized rent. Despite the ban, the rent was increased so much that many just are unable to continue to…
Legendary Playboy founder Hugh Hefner died on September 27, and now unknown, it will be the same with his equally legendary estate. Future famous mansion is now in the hands of its current owner — a neighbor Hugh Hefner Daren Metropoulos. 33-year-old billionaire owner of Hostess Brands,
