Blog :: 12-2024

Midtown South Mixed-Use Plan: Rezoning for 9,700 New Homes Across 42 Manhattan Blocks

Midtown South Mixed-Use Plan: Rezoning for 9,700 New Homes Across 42 Manhattan Blocks
The current Midtown South Mixed-Used plan is a perfect example of a radical new idea in the concept of designing the future city. Sustainable means of zoning are envisioned in the plan for enhancing and optimizing the use of patterns of land sections. Its objectives are to meet the needs of residential, commercial, and industrial customers in a sustainable manner.

An Overview of Gansevoort Square

Gansevoort Square also represents a new real estate novelty in the Manhattan Meatpacking District market. This planned project is to create a multi function space for art, culture and living occupying an area of over 66,000 square feet. This is the approach taken by Eric Adams, New York City mayor's office, asking the residents to improve and deal with modern utility.

NYC Bans Apartment Broker Fee From Tenants

NYC Bans Apartment Broker Fee From Tenants
In a landmark move, landlord-mandated broker fees have been banned. The practice of renters paying high upfront costs that could be as high as 15 percent of their annual apartment rent has been overturned. Renters in New York City are celebrating the fact that they'll no longer have to pay broker fees. Under a system mandated by New York City, tenants pay broker fees instead of landlords.