Author Archives: TrueGotham Blog

Manhattan Ranked Second Best Place in the Country to be Single

Posted on July 28, 2014 by TrueGotham Blog

According to a recent survey conducted by Rent.com, Manhattan is the second-best place in the country to live if you are a single adult. Defining a single adult as anyone over the age of 20 who has never been married … Continue reading →

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Manhattan Population Continues to Grow Despite Increased Housing Costs

Posted on July 21, 2014 by TrueGotham Blog

With a population of more than 1.6 million, Manhattan continues to grow. While there are certainly some positive sides to a growing population, there is one downside to having so many people interested in living in Manhattan: housing. Unfortunately for … Continue reading →

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CA Technologies Moves its Headquarters to Manhattan

Posted on July 13, 2014 by TrueGotham Blog

Another major company has transitioned from being located on Long Island to calling Manhattan its home. Last month, software giant CA technologies quietly made the move after unofficially making Manhattan its headquarters for the past several years. Prior to making … Continue reading →

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“Big U” Project to Protect New York City While Adding Public Space and Beauty to the City

Posted on July 2, 2014 by TrueGotham Blog

Last month, a plan to build a 10-mile barrier around New York received $355 in federal funding. Referred to as the “Big U,” the proposed barrier will defend the city against floods while also serving as public parkland ad gardens … Continue reading →

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Lower Manhattan Gets New Life with Condo Development Plans

Posted on June 25, 2014 by TrueGotham Blog

After the housing market crash in 2008, developers and lenders delayed many of their plans to build and finance condos in certain parts of Manhattan. This was particularly true in the lower Manhattan area below Chambers Street. With $1 billion … Continue reading →

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Manhattan Rental Prices Continue Upward Trend

Posted on June 20, 2014 by TrueGotham Blog

After showing a bit of a slow down in price increases in recent months, rental prices in Manhattan are skyrocketing once again. In fact, rental prices are reaching the highest levels they have been at in more than five years. … Continue reading →

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Two Major Shopping Complexes Soon to Open in Manhattan

Posted on June 3, 2014 by TrueGotham Blog

While Manhattan is known for the small boutiques that line its streets, Lower Manhattan will soon be home to two large retail centers boasting more than one hundred stores. One of these retail centers, the World Trade Center retail complex, … Continue reading →

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New York Brokers Express Growing Confidence in Local Real Estate Market

Posted on May 28, 2014 by TrueGotham Blog

According to a recent survey conducted by the Real Estate Board of New York, real estate brokers in New York are feeling more confident than they did last year. This growth in confidence has been largely spurred by overall improvements … Continue reading →

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What’s the Story Behind the Empty Manhattan Retail Space?

Posted on May 21, 2014 by TrueGotham Blog

Anyone who takes a walk through the streets of Manhattan can quickly see that there are several storefronts that are available for rent. While this may seem unusual for an area that is so popular and considered by many to … Continue reading →

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Spa Castle to Open Facilities in Manhattan

Posted on May 14, 2014 by TrueGotham Blog

With a current facility located in College Point in Queens, the popular Spa Castle has announced plans to build a sister facility in Manhattan that will be known as Spa Castle Premier. The 38,000 square foot facility will be located … Continue reading →

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