November 2017

Weekly News (November 29, 2017)

1. New Rental Complex in Cliffside Park, NJ starts moving-in  'The Centre Luxury Living' at 705 Anderson Ave, Cliffside Park Lobby height → 3 story. Manhattan sky line view Studio (564~600 SF): starts from $2,025 / 1BR (834~875 SF) starts from $2,800 / 2BR (1194~1338 SF): starts from $3,200 Remote temperature control (Heating & Cooling) / Caesar Stone Counter top / Laundry units and Drying...

Weekly News (November 22, 2017)

1. Mortgage interest deduction will be maintained    Congress financial committee released revised plan: Mortgage Interest deduction limit from $500,000 (House Representatives) revert back to $1 Million Corporation Tax 35% → 20% Plan will be delayed till 2019 Individual Tax : 7 levels (House Representatives: 4 levels) will be kept (Max 39.6% → 38.5%) Local property tax / Income tax...

Weekly News (November 1, 2017)

1. NYC is difficult to be Amazon's 2nd HQ 238 city's proposals from 54 States Tough competition: NYC → Probability 14:1 (Manhattan Mid-town West, Lower Manhattan Financial District, Queens LIC, Brooklyn Triangle) Probability #1 → Atlanta, GA (3:1) Boston, MA / Austin, TX → 7:1 2. New Luxury Condo on 31st Street in Manhattan, NY 30 East 31st Street between Madison and Park Ave: 40 story...

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