Monthly Archives July 2012

• Digging Finished On Three MTA Mega Projects

  Jul, 31 12 Post by: KVNY EXPERTS | No Comments

  
  

  
  
  
  Earlier this week a 200-ton tunnel boring machine was pulled from the ground, making the end of three MTA mega projects.  

  
  

  
  

  
  

  
  

  Drilling is finally complete on the East Side Access Project, the Second Avenue Subway Line and the 7 train extension.  
  

  
  

  The machines started digging back in 2007, and have since created 16 additional subway tunnels under Manhattan.  The new tunnels are the first new lines to open in over 60 years.  

  
  

  Platforms, stairways, mezzanines and other infrastructure sill need to be built and tracks and third rails still need to be laid.  

  
  

  The 7 train extension will open up in 2013 and the Second Avenue subway line is scheduled for 2015.

  

• Digging Finished On Three MTA Mega Projects

  Jul, 31 12 Post by: KVNY EXPERTS | No Comments

  
  

  
  
  
  Earlier this week a 200-ton tunnel boring machine was pulled from the ground, making the end of three MTA mega projects.  

  
  

  
  

  
  

  
  

  Drilling is finally complete on the East Side Access Project, the Second Avenue Subway Line and the 7 train extension.  
  

  
  

  The machines started digging back in 2007, and have since created 16 additional subway tunnels under Manhattan.  The new tunnels are the first new lines to open in over 60 years.  

  
  

  Platforms, stairways, mezzanines and other infrastructure sill need to be built and tracks and third rails still need to be laid.  

  
  

  The 7 train extension will open up in 2013 and the Second Avenue subway line is scheduled for 2015.

  

• Brooklyn Bridge Park Boom

  Jul, 31 12 Post by: KVNY EXPERTS | No Comments

  
  

  Just under the Brooklyn Bridge, lies the newly revamped Brooklyn Bridge Park.  

  
  

  
  

  
  

  

  
  

  The 85 acre park is now nearly 60% complete and the new park is drawing a lot of real estate speculation to the area. 
  

  
  

  The New Development, One Brooklyn Bridge Park is nearly 80% sold out and surrounding buildings are seeing just as much action.  New restaurants are opening all around and some large tech companies are now opening offices in the area.  The vast city and bridge views make this a location that can only continue to turn around.  

  
  

  If you are interested in an apartment or commercial space in this area, then give us a call!

  

• Higher Rents Inevitable in TriBeCa

  Jul, 30 12 Post by: KVNY EXPERTS | No Comments

  
  

  
  
  
  The World Trade Center is bringing unprecedented growth to lower Manhattan. 

  
  

  
  

  
  

  
  

  
  

  SInce 9/11,Tribeca has nearly tripled in the number of people living in the neighborhood.  Just a few blocks north of the new World Trade Center site, Warren Street has seen a boom in conversions and new developments.
  

  
  

  The neighborhood even got a huge new shopping center and Whole Foods on the block four year ago.  Rental prices in the area are sure to go up once the new towers become occupied.  Another factor creating high prices in Tribeca are the strictest zoning laws that don't allow new developments to be built, thus creating higher demand for the properties that are already in the area.

  
  

  So get in on the action and buy now.  We have several apartments in the area at various price ranges.  So give us a call and we will find the right investment for you.

  
  

  
  

  
  

  
  

  
  

  
  

  
  

  

• CitySpire Building Has a New Penthouse Rental

  Jul, 30 12 Post by: KVNY EXPERTS | No Comments

  
  

  
  
  
  

  Good news folks, we have a new penthouse on the market and it can be yours for just $100 million.  

  
  

  
  

  
  

  
  

  
  

  
  

  The 8,000 SF penthouse triplex in the City Spire building, just came on the market.  It is located at 150 W. 56th St., and has six bedrooms and nine bathrooms spread over the 73rd, 74th and 75th floors.  If your parents come to visit you can put them down in the guest suite on the 72nd floor.  There is also 3,000 SF of terrace, which is the highest privately owned residential terrace.  

  
  

  So call quick, because this one is expected to sell by the end of the week.

  

• CitySpire Building Has a New Penthouse Rental

  Jul, 30 12 Post by: KVNY EXPERTS | No Comments

  
  

  
  
  
  

  Good news folks, we have a new penthouse on the market and it can be yours for just $100 million.  

  
  

  
  

  
  

  
  

  
  

  
  

  The 8,000 SF penthouse triplex in the City Spire building, just came on the market.  It is located at 150 W. 56th St., and has six bedrooms and nine bathrooms spread over the 73rd, 74th and 75th floors.  If your parents come to visit you can put them down in the guest suite on the 72nd floor.  There is also 3,000 SF of terrace, which is the highest privately owned residential terrace.  

  
  

  So call quick, because this one is expected to sell by the end of the week.

  

• Greenwich Village Rents Cheaper Than Williamsburg

  Jul, 25 12 Post by: KVNY EXPERTS | No Comments

  
  

  
  
  
  

  Over the last year rents in Williamsburg continued to rise.

  
  

  
  

  
  

  
  

  
  

  
  

  Studios and one bedrooms have gone up nearly 11% in rent over the past twelve months.  The average cost of a studio in Williamsburg is now a whopping $2,700, making Brooklyn neighborhood even more expensive than Manhattan rents.  Even in the most desirable neighborhoods in Manhattan average out to below what renters are paying in Brooklyn.  Greenwich Village's average studio price is $2,500, which is $200 less than what you would pay in Williamsburg.

  
  

  Another key factor drawing folks back to the island, is the convenience of not having to travel by bus or train to get to work in Manhattan. 

  
  

  So if you want to live cheaper and better than those hip folks in Brooklyn, then give us a call!  

  

• Greenwich Village Rents Cheaper Than Williamsburg

  Jul, 25 12 Post by: KVNY EXPERTS | No Comments

  
  

  
  
  
  

  Over the last year rents in Williamsburg continued to rise.

  
  

  
  

  
  

  
  

  
  

  
  

  Studios and one bedrooms have gone up nearly 11% in rent over the past twelve months.  The average cost of a studio in Williamsburg is now a whopping $2,700, making Brooklyn neighborhood even more expensive than Manhattan rents.  Even in the most desirable neighborhoods in Manhattan average out to below what renters are paying in Brooklyn.  Greenwich Village's average studio price is $2,500, which is $200 less than what you would pay in Williamsburg.

  
  

  Another key factor drawing folks back to the island, is the convenience of not having to travel by bus or train to get to work in Manhattan. 

  
  

  So if you want to live cheaper and better than those hip folks in Brooklyn, then give us a call!  

  

• Greenwich Village Rents Cheaper Than Williamsburg

  Jul, 25 12 Post by: KVNY EXPERTS | No Comments

  
  Over the last year rents in Williamsburg continued to rise.
  
  
  
  
  
  Studios and one bedrooms have gone up nearly 11% in rent over the past twelve months.

• Lincoln Center Out of Doors Schedule

  Jul, 25 12 Post by: KVNY EXPERTS | No Comments

  
  You 808 Columbus Avenue folks are in luck!