Read more about the article Manhattan’s Rent Ceiling Just Vanished. Here’s What It Means for Foreign Capital
View of the historic buildings at the intersection of Greene and Canal Streets in SoHo Manhattan, New York City with sunlight shining in the background

Manhattan’s Rent Ceiling Just Vanished. Here’s What It Means for Foreign Capital

Manhattan rents have never been higher. The average apartment now costs $6,655 a month, a 10 percent jump from a year ago and the highest figure ever recorded on the…

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New York’s New Second-Home Surcharge: Why Long-Term Rentals Remain an Investment Safe Harbor

New York City's residential real estate landscape, an enduring favorite for international capital, is adjusting to a significant new fiscal reality. As part of the recent FY 2027 New York…

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Read more about the article New York City Launches $26 Dining Specials for the World Cup
Mentre la pandemia aveva portato a previsioni disastrose sul futuro di New York, la città è diventata il posto più costoso d'America

New York City Launches $26 Dining Specials for the World Cup

Just when New Yorkers were starting to accept $20 cocktails and $72 roasted chickens as the new normal, City Hall is throwing food lovers a lifeline. Mayor Zohran Mamdani has…

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Read more about the article Manhattan’s All-Cash Real Estate Boom Signals Deepening Wealth Divide
New York, USA - October 26, 2008: The New York Stock Exchange building on Wall Street in Manhattan.

Manhattan’s All-Cash Real Estate Boom Signals Deepening Wealth Divide

The mathematics of Manhattan real estate have shifted dramatically. For the first time on record, nearly two-thirds of apartment transactions in America's most expensive borough closed without a single dollar…

Continue ReadingManhattan’s All-Cash Real Estate Boom Signals Deepening Wealth Divide