New York City

NYC Townhome From ‘The Devil Wears Prada’ Sells For $26.5 Million

The iconic staircase and living room from the hit movie. Krisztina Crane of Evan Joseph Photography You might recognize the iconic hallway staircase in this Manhattan townhouse from the hit movie The Devil Wears Prada. That’s because it served as the home of the movie’s fictional character Miranda Priestly. Located on New York’s Upper East …

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Affordable Housing In New York City Attracts Big Money

Tredway acquired the Sea Park affordable housing portfolio located in Coney Island, Brooklyn, for … [+] $150 million. Ariel Property Advisors Affordable housing accounted for approximately 43% of New York City’s $3.91 billion in multifamily sales in 2Q 2023, according to Ariel Property Advisors’ Q2 2023 Multifamily Quarter in Review report. Major mission-driven investors including …

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New York City Residential Rooftops Seek To Ensure Hives Thrive

Harvesting honey from the rooftop hives of New York City residential high-rises such as The Solaire … [+] has become a popular post-pandemic tradition. Optimist Consulting It hasn’t been too long since the world reeled at the first news of existential threats to bees and other pollinators. Addressing the problem by cultivating bees and beehives …

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Winning Investment Strategies In the New York City Office Market

Taconic Partners repurposed a 325,000-square-foot office building it owned in Manhattan’s West 50s … [+] to create the Hudson Research Center. Taconic Partners On the surface, the news from the New York City office sector may look grim: vacancy rates nearing 20%, occupancy rates stubbornly stuck at around 50%, interest rates rising, values dropping, anemic …

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