NYC’s largest borough is setting new records with a surge of development projects coming down the pike
Compared to Manhattan and Brooklyn’s trendy glass towers, new condominium projects in Queens have drawn less attention. But that’s quickly changing. For three of the past five years, developers built more expensive condo projects in Queens than in Brooklyn, an analysis by The Real Deal found. And the borough’s most popular neighborhoods — including Long Island City, Astoria and Flushing — continue to set new records with the number of condo units in the pipeline. So far this year, developers have filed plans for 47 new projects in Queens, making it the strongest year in a decade, according to the New York Attorney General’s office. There are now 2,354 condo units under construction in the borough, with more than 950 of them in the Hunter’s Point section of Long Island City.
Chris Xu’s $700 million Court Square City View Tower, meanwhile, is slated to become the tallest building in Queens when it tops out at 778 feet by 2022. Financing for the 802-unit tower, like many others backed by experienced developers, seems to have come easily; Xu secured a $502 million construction loan from JPMorgan Chase and other big banks in July. With the average condo sales price in Queens now hovering around $670,000, units in the borough can be seen as a bargain compared to an average price of about $1.1 million in Brooklyn and more than $2.6 million in Manhattan, according to Douglas Elliman’s third-quarter data. But the question is whether buyers will find a view of Manhattan from an LIC tower more desirable than a view from the heart of the city — even at a新爱上海同城对对碰论坛 lower price. TRD talked to three industry players about the booming condo market in Queens and how sustainable it is.
Director of Data Reporting, Stribling Associates
How much growth are you seeing in the Queens condo market, and is it enough to warrant big changes for your firm’s agents? In the second quarter, there were 128 condo sales in Northwest Queens, and [during] the same period in 2017, there were 82 sales. That’s a 56 percent increase and one of the largest jumps we’ve seen since 2008. We actually just opened an office in Long Island City, in a WeWork, so we’re expanding into the market right now, and we want to be more active in the space.
Are you finding there’s a lot of competition, or is it an open field? From our perspective, we view it as more open at this point. There’s no major brokerage included in The Real Deal’s rankings that has, at least to my knowledge, a large extensive database for Queens. I cover the entire borough of Queens in our market reports, and I believe we’re the only ones who break everything down so specifically across the entire borough. We don’t only look at the new condo development — we’re also comparing those buyers to single-family home buyers, and those homes make up most of the housing stock.
Is this boom coming out of the blue, or were th[……]
A closing Gap store (Credit: Getty Images)
Old Navy will have to go it alone from now on.
Owners Gap Inc are closing 230 of their branded stores, roughly half of all their locations, and splitting Old Navy into a separate publicly traded company. Most of the closures will be in the U.S.
“Following a comprehensive review by the Gap Inc. board of directors, it’s clear that Old Navy’s business model and customers have increasingly diverged from our specialty brands over time, and each company now requires a different strategy to thrive moving forward,” Gap’s board chairman Robert Fisher said in a statement. “Recognizing that, we determined that pursuing a separation is the most compelling path forward for our brands.
Among the Gap locations already slated for closure in Manhattan are the stores at 680 Fifth Avenue and 60 West 34th Street.
Old Navy has consistently outperformed sister companies Gap and Banana Republic, according to reporting from USA Today. Gap will conti上海贵族宝贝交流区 nue as its own business, under the name New Co.
Neither Gap nor Old Navy performed well in the fourth quarter of 2018. Old Navy opened the year flat, while Gap saw a five percent drop during the end-of-year holiday season, according t新爱上海同城对对碰论坛 o USA Today. [USA Today] Decca Muldowney
Tags: Commercial Real Estate, gap, Retail Real Estate
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Redfin: Open houses can help homes sell for more — depending on the market Results of a new study that correlates price, time on the market with open houses vary significantly by metro area
The average home in America will sell for $9,046 more and spend seven fewer days on the market if it holds an open house in its first week, according to new data.
A recent Redfin analysis of homes listed in 2018 found that homes with open houses 阿爱上海同城 tend to sell for more in nearly all cities, but don t get too excited just yet: a major caveat is that the correlation between open houses and higher prices might not mean causation.
In many areas, homes that are already primed for competition tend to be the ones with open houses because the listing agent knows it上海贵族宝贝 will attract a lot of attention and wants to set up a convenient way for multiple potential buyers to pop in at once instead of making several appointments for private tours, said Redfin Chief Economist Daryl Fairweather.
The analysis also reveals vastly different marketing cultures in different metro areas.
San Francisco real estate culture is dominated by open houses. The majority of my clients attend open houses because they know it’s their best chance to see a competitive property or multiple properties on the same day,” local Redfin agent Miriam Westberg said.
While a full 84% of homes listed in San Francisco and San Jose held an open 上海千花社区 house in their first week on the market, just about half of Los Angeles home listings did so. Meanwhile, the open house rate was 19% for Chicago and a mere 5% in Miami. The Redfin study had no data for New York City, but found that just 4% of homes listed in 上海千花网交友 Newark last year held an open house, the lowest rate of all cities exam阿拉爱上海同城 ined.
While the few homes with open houses in Miami sold an average of 11 days faster than the rest, homes with open houses in San Francisco took a week longer to sell. [Redfin] Kevin Sun
Tags: Residential Real Estate
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Eurogamer of the intermediary outside occupying reports, before this, sell cancel in the activity and next wearing especially from Epic store ” derelict ground 3 ” , will return to Epic store afresh. Issue business 2K to express, ” derelict ground 3 ” will wear on Epic store afresh, the from the purchase in advance in selling an activity especially player before this is insusceptible. It is 2K is aimed at to Eurogamer below ” derelict ground 3 ” reply from what wear below Epic store: We are in with Epic clasp, temporary will ” derelict ground 3 ” move from inside their shop page except. We expect ” derelict ground 3 ” very fast can go up afresh in Epic game store frame. Players buy in selling an activity especially ” derelict ground 3 ” will insusceptible. Before, we once had reported, epic store open sell an activity especially, full 14.99 knives game all derate 10 knives. But subsequently ” bloodsucker: Avoid the world is akin 2 ” and ” anoxic ” these two game announce not to enter this activity, fall from Epic temporarily frame. Last week 6, ” derelict ground 3 ” what also announce not to participate in Epic is special sell an activity. In addition the issue that Yo green jade also combines because of Uplay and Epic system, bring about game of all Yo green jade to fall frame. But, the expression that 2K did not make clear ” derelict ground 3 ” go up afresh the time that wears Epic game store, also did not explain ” derelict ground 3 ” why to attend to sell an activity especially and next wearing. ” derelict ground 3 ” will land PS4/Xbox One and PC on September 13 (Epic exclusive half an year) platform. [……]
Recently, intermediary Charlieintel suffers outside move inspect before inviting, undertake visiting mixing toward Infinity Ward amuse oneself, during this, they experienced ” mission call 16: Modern war ” battle task plays a way, it is specific details content below (may involve drama to appear, still watch carefully please) . Intermediary Charlieintel is in outside the gut battle job that during looking around this, experienced two kinds differ, these tasks let their experience arrive in the war more the sense of reality of massiness, also favour comprehends ” mission call 16: Modern war ” the unique part on gut design. These two tasks are respectively: “London / task of seal commando assault ” and ” flashback task ” . London / set of this task setting is task of seal commando assault the London area August 2019 (the sense of reality to assure game, developer specially maintains game time and real world consistent) , the task begins the street of this city to fight. Stand by to carry suspicious-lookingly when an England police when providing, two people walked suddenly from the car, this police calls them immediately, let them do not want take reckless action. And stand by that to carry gradually when them when providing, carry be started suddenly and produced big burst. Back-to-back, camera lens arrives with respect to switch hereon second assault and charger are specific in the prewar conference setting of conceal position, next the picture turns, appear in the player before is seal commando breach the setting of a building, and what player place acts is seal commando among them. This the task will undertake on August 20, 2019, seal commando member undertakes a breakthrough through house back door, after entering a building, they open night vision device to examine the case inside house. In the ground floor of the room, they reached dining room of a 3 people. Right now the player used glitter to play, other seal team member used amortization weapon to solve 3 suspects between instantly, right now a wife in the room runs to take a gun instantly, but still do not have there’s still time to firing by knockdown. Back-to-back, these seal assault team member begin to chase a layer to clear suspect, when they reach 2 floors, a few people begin to firing from door hind. Player pilot part has fight back with the rapiddest rate, next a flock of enemies were in in pool of blood. When reaching 3 floors, the thing becomes have very dramatic, seal assault team member people the cry that heard a baby, the child’s mother also backs down to infantile direction slowly, nevertheless, seal assault team member berates her not to continue to move again, because this mother is probable,wear a weapon. Back-to-back, a soldier has not been taken in this mother she was subdued before the weapon, and another soldier expresses: “Make a baby quiet to come down. ” because of their baby cry the vigilance that ululation can cause a suspect very likely. After soldiers walk in[……]
On April 21, 2016 of put on sale ” UPPERS ” had adjourned certainly before this, the government did not publish the day of put on sale after delay at that time.
A few days ago the report of the intermediary outside the basis, page of foreign shopkeeper product disclosed the day of new put on sale that makes originally, this page shows this to be made newly will on July 14, 2016 put on sale. Current of course the day of new put on sale that the government still publishs game not formally. This making will land PSV platform.
” UPPPERS ” it is for the biggest recreational with tussle force Gu island is arena, the desire that tells about the men that are full of all sorts of feeling to abiding by his has the story of the battle. Besides fundamental tussle, the woman also is one of targets of these men, the fist that uses oneself shows his actual strength to women, and be in of female people watch in tussle, can promote a battle capability more.
Yo green jade announced now ” rainbow 6: Bes上海贵族宝贝 ieg爱上海同城 e ” new map is inland (Outback) is premonitory, new map will be in the 4th year of the 1st season ” combust上海贵族宝贝交流区 ion is horizontal ” in come on stage. Watch game to爱上海同城论坛 gether new pr爱上海同城对对碰 emonitory. New map 上海千花网交友 is premonitory:[……]
Ren Tiantang announced on Feburary 27 ” demon Bao Kemeng ” series makes newly ” demon Bao Kemeng: Sword / aegis ” . New drive is 3 times respectively ” knock phonic monkey ” ” phlogistic hare ” and ” tearful eyes Xi ” , what Dan Ji blames is Spanish newspaper go up unexpectedly much a version ” demon Bao Kemeng: Gun ” , this is how to return a responsibility, see a story together. Spanish newspape上海龙凤论坛sh1f r ” demon Bao Kemeng: Gun ” so ” demon Bao Kemeng: Sword / aegis ” after announcing, the player obtains ins上海夜网论坛 piration then from game name and Logo, designed then ” gun ” version game Logo. This is only evil make a plan, spanish place newspaper regards his as by accident however the game that the government announces, publ上海同城对对碰交上海千花网论坛 友社区 ish be on newspaper, this black dragon lets a person find both funny and annoying really. The netizen is evil make a plan ” demon Bao 上海龙凤论坛sh1f Kemeng: Sword / aegis ” will Autumn 2019 put on 新爱上海同城对对碰论坛 sale, land Switch platform, support brief in. This making is from ” demon Bao Kemeng: Red / green ” what the Bao Kemeng series of put on sale lasts since be born is brand-new work. Go up in new arena player general and brand-new Bao Kemeng encountering, develop adventurous force. [……]
The hor爱上海龙凤论坛 上海 爱上海同城手机版 rible game that makes by generation t爱上海龙凤419桑拿 he old cast ” layer upon layer fear 2 ” 上海千花网龙凤论坛 be about to be in (Beijing time) official on May 29 put on sale, and develop what group Bloober Team also accepted many media recently to interview, outside intermediary GameSpo上海贵族宝贝 t today (on May 8) the game real opportunity that uploaded one end length to amount to 11 minutes in its vitta channel demonstrates video, let us also feel this next fear together. ” layer upon layer fear 2 ” real opportunity demonstrates video:[……]
We had introduced Pascal Gilcher to handled plug-in unit ReShade to make for the picture before ” global illumination ” MOD, any game use this tool to be able to realize light to trace the effect. Players also this picture that Mod yields a lot of old game gets have the aid of character promotion, new coruscate vig上海龙凤论坛sh1f o爱上海 r. The player looks to give off in light of ” antediluvian reel 5 ” ” dark soul 3 ” “爱上海 biochemical crisis 4 ” ” Marx阿拉爱上海同城 admire favour 3 ” light is chased after demonstrat爱上海 e, experience t上海夜网 he glamour of next this Mod. Demonstrate video:[……]