Brooklyn Tech Triangle: Another Sillicon Valley Developing in New York

We recently reported on New York’s technology revolution, and how that revolution has impacted New York commercial real estate. In our blog post, NYC’s Silicon Alley Expands: New York’s Tech Revolution, we explained that lower Manhattan is getting involved in the digital arena, boasting approximately 600 tech firms south of Canal Street where the financial … Read More

Brooklyn Tech Triangle: Another Sillicon Valley Developing in New York

We recently reported on New York’s technology revolution, and how that revolution has impacted New York commercial real estate. In our blog post, NYC’s Silicon Alley Expands: New York’s Tech Revolution, we explained that lower Manhattan is getting involved in the digital arena, boasting approximately 600 tech firms south of Canal Street where the financial … Read More

Brooklyn Update: “Girls” Star Shopping for Williamsburg Pad

Williamsburg residents; if you are fans of the HBO hit show “Girls”, you may have the opportunity to be neighbors with the show’s creator, Lena Dunham.  Ms. Dunham reportedly checked out a $4.45 million penthouse apartment in the Gretsch Building in South Williamsburg.  This glamorous three-bedroom pad boasts a giant 1900-square-foot wrap-around terrace with views … Read More

Brooklyn: Lower Home Prices, But Further Commute From the City

Remember a time when New Yorkers who were priced-out of apartments in Manhattan were forced to look at neighborhoods across the East River in Brooklyn?  Well, chances are, potential tenants are priced-out of those Brooklyn neighborhoods today.  Many potential Brooklynites who cannot afford neighborhoods like Williamsburg, Boerum Hill, Carroll Gardens, and Park Slope are looking … Read More

Brooklyn Update: Millionaires Row in Brooklyn

The Daily News recently wrote that “Brooklyn was always considered a poor step child to Manhattan, but now its really coming into its own.”  That’s because many Wall Street executives have found a new home in Brooklyn Heights.  Many of these millionaires have been purchasing brownstones at a cost of $10-$20 million.  The appeal? Close … Read More

Brooklyn Update: Susan Sarandon’s Recent Brooklyn Purchase

Actress Susan Sarandon recently made a third real estate purchase in Clinton Hill, Brooklyn, on Grand Avenue.  The home boasts 2,500 square feet, with two bedrooms and two bathrooms, twelve foot ceilings, and seven (that’s right) skylights.  This helps where Ms. Sarandon may want some sun but not head to the roof deck.  Oh, and … Read More

NYC’s Silicon Alley Expands: New York’s Tech Revolution

We all know that Silicon Valley (in Northern California) is home to many of the world’s largest technology corporations as well as thousands of small startups. But a new area with a concentration of internet and new media companies has been born in Manhattan. Silicon Alley originally referred to the cluster of companies extending from … Read More

Happy 100th Birthday to 13 NYC Buildings

Apparently 1913 was the “baby boomer” year of New York City buildings because this year we have 13 buildings’ centennial birthdays to celebrate.  Here is a list of 100-year-old landmarks along with a picture of each to give you a sense of New York City during a pre-World War I era: 23 Wall Street or … Read More

Garment/Fashion District: Next

Interested in knowing where the next “hot” office area is?  Surprisingly, it is the Garment District in New York.  According to commercial property executives, the Garment District will be the “next hot area where office rents will skyrocket.”  The survey was done by Marks Paneth & Shron’s Gotham Real Estate Monitor, which polled more than … Read More

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