In the past, we’ve discussed the recent increases in home values, skyrocketing high-rise building values in large cities, and even what some would consider absurdly priced Hamptons beachfront land. But what about the thousands of empty fields in America’s heartland,…
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Middle America Land Value Increase
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How Much Would You Shell Out to Shack Up in The Hamptons?
Yesterday, we mentioned the skyrocketing prices of homes in the Hamptons, one of America’s summer playgrounds for the ultra-wealthy. Starter homes are between $1M and $5M, but if you’re looking for a piece of its famous Hamptons beaches, you could…
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Would you use MCBx to observe the energy effectiveness of your building?
If you work in a LEED certified building, you might notice the difference in interior lighting and certain plumbing fixtures, but what does this really mean for the long term energy efficiency of your building? MBCx has been monitoring this…
U.S. House Prices on the Rise
According to Bloomberg.com, the Federal Housing Finance Agency reports that U.S. house prices rose 7.4% in the year through April. The Federal Housing Finance Agency (FHFA) said that prices increased 0.7% on a seasonally adjusted basis. In addition to housing…
Future Real Estate Development in Brooklyn
Real Estate Weekly reports in the next two years the areas DUMBO, Downtown, and Navy Yard of north Brooklyn will support a surge of almost 20,000 tech jobs. What do you think this means for real estate development in the…
40% Of GM Building Sold!
The General Motors building or 767 Fifth Avenue has had a 40% stake purchase by Chinese and Brazilian investors. Chinese developer Zhang Xin (chief executive of office landlord Soho China Ltd.)in conjunction with the Safra family of Brazil, have paid…
$47 million Penthouse Sold!
Real Estate Weekly reports the record sale of the penthouse at 56 Leonard, which is still two years from completion! For $47 million (the highest price for a residential property south of 56th St recorded), the buyer receives the promise…
