الأحد، 21 مايو 2017

"Crain's New York" declare : Qatar becomes one of the New York City's biggest commercial owners

The sovereign wealth fund's standing emerged in CoStar's recent ranking of New York's largest commercial owners. Qatar Investment Authority is now the city's ninth-largest commercial property owner. A tiny Middle Eastern country has become a big player in New York real estate. INTERACTIVE MAP: Click on each dot to view information about the Empire State Realty Trust properties now partly owned by the Qatar Investment Authority. "And wealth funds are sometimes willing to pay more for assets than real estate fund managers.


as declared in New York City's subway system is one of the oldest metro systems in the world, and it's come a long way since its opening in 1904 . But in one significant way, the Metropolitan Transportation Authority's (MTA) subway system has stood frozen in time, and it's causing major headaches for commuters. Here's a look inside the outdated system that commuters will have to live with in the meantime:Graham Rapier contributed to a previous version of this article. In the past 100+ years, ridership on New York City's subway system has grown to about six million daily riders, and commuters can now get on and off at 472 stations throughout the four boroughs of Manhattan, Brooklyn, Queens, and the Bronx. Part of the problem is that the MTA subway system still operates using an antiquated signaling system called block signaling , which only allows MTA employees to see an imprecise location of where a train might be, and much of the technology that operates the trains is more than 100 years old.

Take a look inside New York City's century-old subway system that more than 6 million riders use a day and that desperately needs an upgrade
as declared in

New York City's Airbnb inspectors face daunting odds

They were the first hosts to pay up under the new state law banning advertising for home rentals of less than 30 days. Thus far officials have focused on owners of multiunit building who essentially run illegal hotels by renting out multiple apartments for short stays. But a staggering amount of New York listings remain on the Airbnb site. In the three months since the state's anti-Airbnb bill went into effect, the city has issued fines on 139 listings. The new law took it a step further by making it illegal to advertise short-term rentals through home-sharing sites such as Airbnb.

New York City's Airbnb inspectors face daunting odds


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collected by :Ema Jackop

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