A New Futuristic Hotel Coming To Williamsburg

The upcoming futuristic hotel named "The Level Hotel" is set to be built at 55 Wyth Ave between North 12 and 13 Streets. Only two years after the Wyth Hotel opened up its doors in Williamsburg, the 320.000 Sq ft colossal is rumored to feature 183 "luxury" rooms and plenty of retail space. Adding to its space-like image the hotel will feature a 20,000 sq ft farm on the rooftop providing fresh produce. To give it more of a cultural feel, On July 1st artists who reside or work in Brooklyn, and submit their sculptures via  website to have a shot at a $200,000 budget to create their work that will displayed in the hotels lobby. The time tables may change but "The Level Hotel" is aiming to be completed by the end of this year.

Ace Hotel May Find A New Home In Downtown Brooklyn.


Ace Hotel seems to have had their sights on the Downtown Brooklyn area for a while now. GFI Capital Resources is in talks with sealing the deal on opening a new Ace Hotel in Downtown Brooklyn near the infamous Barclay's Center. According to the Commercial Observer GFI Capital Resources, the company that developed the Ace Hotel in Manhattan currently located at 20 West 29th street will build another hotel on the corner of Schermerhorn and Bond Street. A few other hotels are set to be built in the area such as the 13-story EVEN Hotel at the intersection of Nevins Street and the Holiday Inn located at 300 Schermerhorn. Will this impact the ever growing dowtown brooklyn area? More details here.

Volant Studios

Volant Studios

Located in the heart of New York City's  Tribeca Area. Volant Studios is a state-of-the-art recording facility providing both vintage and modern equipment. Launched in 2013 following a major refurbishment by Horacio Malvicino of Malvincino Design Group and Larebour Inc , this facility is a complete reworking of a previous space. You may access the studio via a keyed elevator service leading to a private lounge area ensuring that you studio time will not be disturbed. Aiming to provide optimal service Volant Studios is equipped with a endless Analog CLASP24 system allows recording to tape with a speed and ease of workflow that matches in-the-box. Going on the market soon, the owner is motivated and will sell together or separate but think the real value is purchasing both floors. Head over to our properties page for more info.

Plans To Expand On Cast Iron Building On Duane Street

Duane street

There goes the neighborhood, Back in 2008 there were plans to spruce up the cast iron building located within the Tribeca West Historic District on Duane Street with a reported four story expansion turning the old establishment into a mansion. Vincenzo Polsinelli, the architect that proposed turning the building into a 8,000-square-foot single-family megamansion plans came to a screeching halt being shot down by the Landmarks Preservation Commission, leading the owner to rent the place to known rapper and hip hop pioneer Damon Dash. Since then the rapper has vacated the cast iron building, prompting the owner to once again explore the idea of turning the landmark into a mega mansion. The new architect of record is Christian Zambrano of Sibertekture Architects.

Barclay's Center Getting A Greeen Roof Overhaul

Barclays center

The logo-emblazoned roof of the Barclays Center is going from white to green. The developer of the arena is bringing back a plan to cover the top of the structure with a 130,000-square-foot green roof. The green roof, currently being designed by SHoP Architects, will also help to muffle loud concerts.You can find the story here

City to replace boilers in Sandy-damaged public housing


New York City public housing boilers damaged during Hurricane Sandy will be replaced using a $100 million cash infusion from the Federal Emergency Management Agency. The funds will go to 60 boilers in 110 NYCHA buildings, where temporary installations were made following the hurricane at a cost to the city of around $56 million. You can check out more info on this story here


Get Ready! South Williamsburg is Booming!

South Williamsburg Is Booming!
south williamsburg


South Williamsburg is teeming with new development, said a story in The New York Post. The 40-story hotel going up at 159 Broadway next to the beautifully restored South Williamsburgh Savings Bank will break ground “in a year,” said a manager involved in the project. With new businesses and buildings sprouting up and at least a dozen or sizable developments in the works “the neighborhood has changed more in the last eight to nine months than in the last eight years,” said a decade-long resident. More on this story here

Harlem Tragedy Strikes

Harlem Tragedy Strikes

Explosion Causes Two Buildings To Collapse In Manhattan's East Harlem Neighborhood


“It takes time to do investigations, document and voucher evidence and continue with forensics,” said FDNY spokesman Jim Long. The explosion that caused fatal buildings to collapse in Harlem drew attention to the aging pipes beneath city streets and the role various agencies play in monitoring and fixing deteriorating conditions. It was a very gloomy day in Harlem today. The smoke from the explosion of two buildings which collapsed due to a gas leak spread all the way over to the west side. Prayers goes out to the victims who was killed and hurt in this explosion. Details here

House prices rise again as supply issue continues!!

House Prices | Property Buyers Group

Activity is on an upward trend with housing transactions in 2013 exceeding one million for the first time since 2007. The number of mortgage approvals for house purchases – a leading indicator of completed house sales – was 9 per cent higher in the three months to December than in the previous quarter and 30 per cent higher than in the same three months of 2012. Compared to December of last year, January saw house prices increase by 1.1 per cent, following a slight monthly fall of 0.5 per cent in December. Check out the link below about house prices.

Happy Holidays Everyone From Property Buyers Group!

Happy Holidays Everyone!

In the spirit of the holidays we are giving a free Ipad Air once we hit 3000 LIKES on our Facebook page! Share it with your friends and one follower will be randomly selected.

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We Will Bring The Ipad Air To You In This Car!!!

Real Estate | Property Buyers Group