Impact of Urban Real Estate on NYC Neighborhood

Modern energy and urban development are changing NYC’s past by introducing new structures. The companies which are involved in the development of urban estate include Spandrel Development, and Joseph Sitt who invest in a resort and residential developments, Forester City Partner involved in economic and local communities’ development while Partners and Foster focus on industrial and residential development. NYC is a city where by transportation below and above ground operates 24/7 with Turner Construction participating in building new concrete stairways in the city subways. The modern and new structure designs are helping by improving urban lifestyle and neighborhood’s activities hence giving the residents of NYC a preference. Therefore, the resident enjoys the...

Mall Giant Westfield Corp. Hires Broadway Producer to Up Entertainment Factor

Those that have marveled at the beauty of the musical The Color Purple on Broadway will likely find that the news of its producer, Scott Sanders, leaving the production as somewhat of a shock, especially due to where he is going. Sanders, who owns a self-named production company in New York, sold the group to Westfield Corporation, a global commercial real estate company specializing in building and operating malls. Coming off winning the “Best Musical Revival” Tony Award for his theatrical version of the The Color Purple, Westfield hopes Sanders will be a great fit for their first-ever Creative Head of Global Entertainment. This acquisition does not relieve Sanders of his connections with his namesake brand or its productions. In fact, as part of the business...

NYC’s Real Estate Families and the skyscrapers They Own

Known for its beautiful architecture and its breathtaking skyline, New York has some of the most beautifully designed structures in the world. Attracting, visitors from around the globe, New York is also famous for its multi-story buildings that make up their well-known skyline that can be viewed from afar. The high-rise buildings appear in Midtown and Lower Manhattan. Midtown Manhattan (is which is largest main business district worldwide,) is known for its notable skyscrapers such as the Chrysler Building, the CitiGroup Center, the Empire State Building and the Rockefeller Center, where as Lower Manhattan houses skyscrapers such as the reconstructed One World Trade Center. The Empire State Building also referred to as the Empire State Trust, is the most famous...

Farkas Real Estate Business Prospers in Big City

This type of network was developed by Andrew Farkas, a billionaire real estate investor. He had previously stated, late last year, that he had no plans to increase presence in New York. In fact, he had stated that he was going to reduce the presence. This plan clearly changed with this week’s deal between NAI Global and EVO. This recent move really secures the footprint that NAI Global has in New York. The real estate company has no plans to leave the city in the future, as previously mentioned to the public.