Archive for category: Real Estate

Approved Planning Proposal to Inject $291 Million in Western Sydney

Approved Planning Proposal to Inject $291 Million in Western Sydney

A planning proposal in Western Sydney has been approved to build a 43-storey building at the corner of 116 Macquarie Street and 7 Charles Street in Parramatta.  It will be one of Parramatta’s tallest buildings and will include apartments, offices and shops. In addition to injecting $291M into the local economy, this […]

Rezoning Proposal to Yield 840 Dwellings & 1,000 Jobs

Rezoning Proposal to Yield 840 Dwellings & 1,000 Jobs

*Blockbrief members were notified immediately in August of the rezoning information provided below.   The mixed use rezoning proposal in Middleton Grange if adopted can yield 840 dwellings and 1,000 jobs.  The proposal seeks to rezone a 7.9 hectare parcel of land at 60 to 80 Southern Cross Avenue and 45 to […]

Net Operating Income Indicates Value, but Know Your Property’s Zoning

Net Operating Income Indicates Value, but Know Your Property’s Zoning

This post was prepared by Sara Player, Blockbrief In-house Counsel Net Operating Income Net Operating Income (NOI) is used to analyze real estate investments that produce income.  It is the annual income generated by an income-producing property after taking into account all income collected from operations, and deducting expenses incurred […]

NYC’S HUDSON RIVER PARK TRUST IDENTIFIES DEVELOPMENT SITES

NYC’S HUDSON RIVER PARK TRUST IDENTIFIES DEVELOPMENT SITES

  The Hudson River Park Trust, of New York City, has identified seven piers whose air rights could help reap the trust nearly a half-billion dollars to fund the repair of crumbling parkland infrastructure along river, report Crain’s. The Trust’s plan identifies 7 piers and 6 building sites, many of […]

NY Real Estate Titans Look To Boroughs

NY Real Estate Titans Look To Boroughs

Crain’s is reporting that the slim returns from Manhattan’s real estate market have big names seeking opportunities in New York’s outer boroughs. As commercial real estate prices continue to improve to pre-recession levels and investor compete for the few available trophy Manhattan properties, several big real estate buyers are increasingly […]

NYPD Releases New Interactive Map To Reveal City’s Most Dangerous Neighborhoods

NYPD Releases New Interactive Map To Reveal City’s Most Dangerous Neighborhoods

The NYPD has for the first time released an interactive map that shows all serious crimes committed in the city. Enabling New York real estate searchers to finally see how streets matches up against other boroughs   Color coded: The darker the neighborhood precinct the more crime per thousand people is committed. From […]

Deal Closed For One Of Lower Manhattan’s Most Expensive Sites

Deal Closed For One Of Lower Manhattan’s Most Expensive Sites

A partnership of Fisher Brothers and The Witkoff Group has acquired 101 Murray Street from St. John’s University for development of a mixed-use residential and commercial project. The trio acquired the 10-story building at Murray St. for $223 million from St. John’s University, which uses the property for its school […]

Reforming NSW’s Local Government

Council amalgamations are clearly a priority with the NSW Government’s Independent Local Government Review Panel (ILGRP). In their report “Future Directions for NSW Local Government – Twenty Essential Steps”, ILGRP sets out key actions that will assist in improving and enhancing the strategic ability and financial capacity of local Councils […]

Blockbrief Launches In The US As Zoning Alerts

Blockbrief Launches In The US As Zoning Alerts

PREMIUM CONTENT To access premium, please log in or set up a subscription. It’s quick and easy.

NSW Government grants approval for Barangaroo’s first residential buildings

NSW Government grants approval for Barangaroo’s first residential buildings

Artist’s impression of Alexander at Barangaroo South Source: http://smh.domain.com.au/real-estate-news/green-light-for-barangaroo-apartments-20130705-2ph7a.html   Approval has been granted by the NSW Government for Lend Lease’s first two residential buildings, known as Anadara (R8) and Alexander (R9) at Barangaroo, located in the southern precinct on the fringe of Sydney’s CBD.   With a total combined investment […]