There are several reasons stocks can be a great investment vehicle along with real estate. Therefore, it is not surprising when Principal and CIO of Prime Opportunities Investment Group LLC, Pouya David Yadegar, became interested in stocks. Before founding the firm, Pouya managed his own family’s wealth through investments in...
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New York is an old city which is constantly growing and renewing itself. Unfortunately, for growth to happen, sometimes beautiful and historic buildings need to be demolished. The following buildings are on the chopping block. Here is a little bit about each one. Sunshine Cinema on the Lower East Side showed their last movie at the...
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The area is being cleared and the foundations being dug in preparation for the construction of Brooklyn’s newest combo project: The Dime Savings Bank /Residential tower. Proceeding apace, Williamsburg’s historic Dime Savings Bank will see a specially designed 248-foot tower rise adjacent, incorporating the Dime’s neoclassical...
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A building in Brooklyn which was the property of Jehovah’s Witnesses was sold to a developer based in Florida, the Wall Street Journal reported. The developer, Kayne Anderson, paid $200 million for the 16-story apartment building located in Brooklyn Heights. The developer renamed the building The Watermark at Brooklyn Heights,...
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Jehovah’s Witnesses are sold off close to their last bits of Brooklyn real estate in the wake of their relocation to Upstate New York. The most recent sale was of their Brooklyn Heights, 12-story, 97-unit apartment building for $58 million. The sale of 97 Columbia Heights was to a Los Angeles-based investment firm, Hawkins Way...
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The passive house standard was established less than a decade ago in Germany by the Passivhaus Institut. Given the advantages to the environment and energy bills it provides, it soon spread to other parts of the world including the New York area. As such, it gave various professionals in the industry (including Rocco Basile of...
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