Tag Archives: New York Property

New York nabs global property crown from London on Brexit fears

New York has knocked off London as the world’s premier city for foreign investment in commercial real estate due to fears the vote to leave the European Union would diminish the British capital’s appeal as a global financial center. Data … Continue reading

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Pontiac Land to invest in Manhattan luxury condo

New York’s Museum of Modern Art (MoMa) is about to get the luxury touch, thanks to Singapore-based property developer, Pontiac Land. The company, controlled by the four Kwee brothers – whose net worth is estimated by Forbes at around US$5.3 … Continue reading

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New York City tests out micro-apartments

They might be the urban dwelling of the future: Studio apartments measuring no more than 28 sq m. New York City planners believe the tiny units could be the answer to a growing population of singles and two-person households. And … Continue reading

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City Developments acquires New York’s Renaissance Syracuse Hotel

Property and hospitality firm City Developments, through its subsidiary City e-Solutions, has acquired Renaissance Syracuse Hotel in Syracuse, New York. The purchase price of the hotel is US$10 million, which represents US$35,842 per key and a 14 per cent yield … Continue reading

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