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Tag Archives: New York City

March 20th, 2012

Times Square Lights Up City’s Economy, Study Finds

(PDF):    cityroom-blogs-nytimes-com (Article):  times-square-lights-up-citys-economy-study-finds By PATRICK MCGEEHAN     Times Square may be the place hardened New Yorkers go out of their way to avoid, but its importance as a magnet for commerce as well as tourists has risen … Continue reading

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March 12th, 2012

NYC deemed world’s most competitive

Economy _ Crain’s New York Business Economy _ Crain’s New York Business (PDF) By Daniel Massey @masseydaniel March 12, 2012 2:11 p.m. New York City was named the top city in the world for global competitiveness Monday, edging out London … Continue reading

Filed under: EB-5 News • Tags: , , , , , , , , ,

March 8th, 2012

China Replaces Europe in Funding NY Properties

PDF: China Replaces Europe in Funding NY Properties – Bloomberg Link: China Replaces Europe in Funding NY Properties – Bloomberg By David M. Levitt – Mar 8, 2012 China’s oldest bank is expanding in New York lending for trophy buildings … Continue reading

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February 24th, 2012

Plan B for China’s Wealthy: Moving to the U.S., Europe

CHINA NEWS FEBRUARY 22, 2012 (PDF) Plan B for China’s Wealthy: Moving to the U.S., Europe http://online.wsj.com/article/SB10001424052970203806504577181461401318988.html BEIJING—This time last year, Shi Kang considered himself a happy man. Writing 15 novels had made him a millionaire. He owned a luxury … Continue reading

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November 14th, 2011

At $39.8B, NYC is No.1 in Global Property Sales

New York City’s real estate market has recaptured the top spot among cities around the globe ranked by the dollar volume of sales, a distinction the city hasn’t held since 2006, a new report found. The city attracted the most … Continue reading

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July 19th, 2011

Major Shareholder of Beijing Developer Backs Bus Terminal Project

Vornado Realty Trust wants to build a skyscraper over the Port Authority Bus Terminal. Capevale Limited, the controlling shareholder of SOHO China, is mulling a possible investment of between $500 million and $700 million with Vornado Realty Trust in an … Continue reading

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June 28th, 2011

Report Predicts Revival in NY Office Construction

A number of factors are setting the stage for a revival in Manhattan office construction by the middle of the decade, according to a report released by the New York Building Congress. This is despite the fact that office supply … Continue reading

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June 8th, 2011

Program Gives Investors Chance at Visa

Excerpt from the Wall Street Journal: The New York Immigration Fund is raising 30% of the estimated $250 million needed for the Times Square Hotel through the EB-5 Program, said Robert Roe, vice president of the group. “Immigration can be … Continue reading

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May 27th, 2011

Why New York’s Economy Is Recovering Faster Than the Nation’s—and What Now?

In almost every respect, the financial crisis has been the most severe downturn in a generation. In terms of its legacy as well, it will almost certainly prove to be among the most significant economic events in recent American history. … Continue reading

Filed under: New York Real Estate News • Tags: , , , ,

May 23rd, 2011

Nearly One-Third of City Job Gains Come From Real Estate

The real estate industry powered another strong month for New York City employment figures, providing 2,000 of the 6,100 new jobs in April, according to an April employment report prepared by Eastern Consolidated. It was one of four industries that … Continue reading

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