The Cornell Tech campus on New York City’s Roosevelt Island is an exceptional example of the world’s potential to lower the carbon footprint of real estate. From concept to delivery, sustainability was at the forefront for the entire design and construction team behind the Cornell Tech campus. Project History In 2008, to address the significant opportunity for the expansion of the high-tech sector in New York City, Mayor Michael Bloomberg’s office launched a competition to develop an applied sciences campus with a focus on entrepreneurship and innovation, where the winning school would be gifted $100 million of free land for…
Author: Private Lending Agent
George Clark returned to TV last week with Channel 4's latest property show, Flipping Fast with George Clark, which is all about house flipping – buying houses cheap and renovating them to make a quick profit.The architect is joined on the show by brother and sister duo Scarlett and Stuart Douglas, property developers and home flipping experts who have appeared on a number of real estate shows, including a special episode of “Love It Or List It” and “Worst House On The Street.” Ideal Home spoke to the duo to find out their tips for maximizing profits from flipping a…
What better symbolizes America's real estate obsession than Zillow? As the pandemic-fueled U.S. housing market soared, buyers, sellers and onlookers flocked to the Zillow site and app. Zillow averages more than 200 million users a month, roughly double the number who check the latest scores on ESPN.com. The Zillow phenomenon even made an appearance on Saturday Night Live recently, where cast members ostentatiously whispered, “Do you need a new fantasy? Then you need Zillow,” as they ogle properties they have no intention of buying. But for all the attention, the real driving force behind Zillow's business isn't window shoppers or…
In February 2021, San Francisco officials announced plans to build a 100% affordable housing project in San Francisco's Sunset District. The Sunset District is located on the west side of San Francisco, an area that has seen little new construction of affordable housing developments in the past decade. The Sunset District is designated as the “4th District” based on the San Francisco Supervisory District Map. According to data from SFYIMBY, a nonprofit organization focused on the development of housing units in San Francisco, the 4th District saw only 26 net new affordable units and 64 total new units between 2010…
Image: CommercialProperty Most housing cooperatives are nuisances because they are dominated by lobbying groups. Here, no one has a legal obligation or personal right to harass others. These committee positions are not given to rule, but to perform a job. These members volunteer to take part in elections and, naturally, have the support of the group, while others try to vote for the lesser evil. All anyone wants is to live peacefully in their own housing. Harassment is not acceptable. It can be grounds for disciplinary action, including expulsion. But committee members generally use indirect methods to control residents. For…
Christina Haqq and Tarek El Moussa starred together on the hit show Flip or Flop for 10 seasons. But how much did the HGTV stars get paid for appearing on the show? Here's how much Haqq and El Moussa are currently earning and how much they're worth. Tarek El Moussa and Christina Haqq | Aaron Rapoport/Corbis/Getty Images How much did Christina Haqq and Tarek El Moussa get paid for 'Flip or Flop'? Flip or Flop fans loved watching Christina Haqq and Tarek El Moussa design and renovate homes on the long-running HGTV show, and the former couple continued filming together…
Project Background and Site Summary The waterfront-bound neighborhood of Sunset Park lies between Gowanus and Bay Ridge, spanning between 15th street to 65th street between 9th Avenue across the 8th avenue corridor. Industry City is a new mixed-use development set on 35 acres of centuries-old industrial land in Sunset Park. It is one out of three massive historical industrial complexes along the Brooklyn Waterfront. One of them being the Brooklyn Navy Yard, where the CEO of Industry City, Andrew Kimball led the transformation of the 300-acres former Naval ship-building facility. The other one is the Brooklyn Army Terminal on 65th…
In his 1994 book Built to Last: Successful Habits of Visionary Companies, management guru Jim Collins introduced the concept of a Big Hairy Audacious Goal. A BHAG (pronounced “bee hug”) is a technique for driving progress by setting clear, possibly unrealistic goals and relentlessly pursuing them. Collins had Boeing's 707 race in mind, but he applied the concept more broadly. Climbing Everest is a classic BHAG. So is putting a man in space. Some executives might find the term anatomically offensive and prefer to sprinkle their PowerPoint presentations with True North and North Stars, Manhattan Projects and Marshall Plans, and,…
DURBAN – Buying a property with the sole purpose of renovating it and then selling it quickly thereafter at a higher price is not a new but is a popular form of property investment that has become more appealing thanks to a number of global reality TV shows in recent years.South Africans are also joining the movement, including YouTuber Stephen Baron, who recently made a profit of nearly R1 million by reselling a house in Johannesburg. The concept sounds simple enough, but Andrea Tucker, director of MortgageMe, says you need to know what you're doing.”Investing in a home with the…
The new federal home flip tax is likely to have a greater impact on people considering flipping homes than on those who make a living from it.Fraser and Vanessa Nibo are the owners of Saskatoon-based Nibo Estates. The couple has experience flipping homes, buying multi-family and single-family rental properties, and a variety of other real estate related tasks.The latest federal budget, released earlier this month, proposed an anti-resale tax that would apply to residential properties sold after January 1, 2023, within one year of the purchase date.Fraser explained that the new rules are designed to tax business and activity income…