NYC Real Estate | NYC Luxury Market | 432 Park Ave

It took two months longer on average to sell a New York City luxury apartment in 2016 compared with 2015. That’s according to the real-estate agency Olshan Realty, which on Wednesday published its year-end report on the New York residential market.

It backed up other reports released earlier in 2016 that showed the luxury market in Manhattan, New York’s most expensive borough, had a tough year. Unlike other price segments of the housing market, there’s an excess of luxury apartments, giving buyers power to negotiate asking prices lower.

“New York City’s rental market has been mostly steady, except at the high end, where the inventory has risen and rents have drifted down,” the Federal Reserve said in a recent Beige Book based on comments from its contacts.

Source: NYC Real Estate | NYC Luxury Market | 432 Park Ave

Paul Krugman: Donald Trump’s infrastructure plan is one big scam – Salon.com

Paul Krugman: Donald Trump's infrastructure plan is one big scam

Trump’s plan to rebuild the country’s infrastructure is really a scheme to enrich wealthy people…..

There is also the fact that private investors will have no interest in building infrastructure that can’t be turned into a profit center. Privatizing these public projects is a gratuitous hand out to select investors, who would be aquiring public assets for “just 18 cents on the dollar, with taxpayers picking up the rest of the tab.

Source: Paul Krugman: Donald Trump’s infrastructure plan is one big scam – Salon.com

Paris allows anyone to plant an urban garden | Inhabitat – Green Design, Innovation, Architecture, Green Building

Paris, France, greenery, plants, plant, garden, gardens, public space, public spaces, creative gardens, alternative gardens, living wall, living walls, green wall, green walls, rooftop garden, rooftop gardens

Paris just passed a new law that allows anyone to plant an urban garden within the city’s limits. Upon receiving a permit, gardeners can grow plants on walls, in boxes, on rooftops, under trees, or on fences. They can cultivate greenery in front of their homes or offices. They can grow flowers, vegetables, and fruit. Paris mayor Anne Hidalgo’s goal is to create 100 hectares of living walls and green roofs by the year 2020, with one third of that greenery dedicated to agriculture.

Source: Paris allows anyone to plant an urban garden | Inhabitat – Green Design, Innovation, Architecture, Green Building

Finland’s longest bridge will be a beautiful pedestrian and cyclist superhighway | Inhabitat – Green Design, Innovation, Architecture, Green Building

Knight Architects, WSP Finland, Kruunusillat bridge, pedestrian bridge, Finland, longest bridge in Finland, Helsinki, cable-stayed bridge, walkway, cyclists, pedestrian-friendly design

 

 

The architects collaborated with engineering firm WSP Finland to design this tram, cyclist and pedestrian bridge, the name of which translates to Crown Bridges in Finnish. The €259 million…

Source: Finland’s longest bridge will be a beautiful pedestrian and cyclist superhighway | Inhabitat – Green Design, Innovation, Architecture, Green Building

NEXT Architects design a swooping “Mobius strip” bridge for Changsha, China | News | Archinect

Credit: NEXT architects

The Dutch-Chinese firm NEXT Architects has a well-deserved reputation for designing eye-catching bridges. Their latest project, a bright red, Mobius strip-like pedestrian bridge for the Chinese city of Changsha, is set to become another jewel in their portfolio.

185 metres long and 24 metres tall, the “Lucky Knot” bridge will span the Dragon King Harbour River in Changsha’s ‘New Lake District’ development. The bridge will offer views of the nearby Meixi Lake and the mountain range that surrounds the city.

Source: NEXT Architects design a swooping “Mobius strip” bridge for Changsha, China | News | Archinect

Dressing Up in a Panda Suit Can Really Make a Difference – Bloomberg

Combo of cute pictures and admiration for dedicated personnel. Who could ask for more.

This month, the giant panda, the black and white icon of the world’s threatened species since the WWF adopted it as a logo in 1960, has finally managed to crawl off the endangered list. Thanks to a network of more than 60 nature reserves in the mountains of China’s Sichuan province, a successful captive breeding program and a clampdown on poaching, the numbers of the big lovable bears have been rising. The monochrome mammals are still listed as vulnerable by the International Union for Conservation of Nature. So China’s latest step to conserve its national mascot is to release captive-born bears back into the wild. And for that, you have to look like a panda… Photographs by Adam Dean/Panos Pictures

Source: Dressing Up in a Panda Suit Can Really Make a Difference – Bloomberg

JMc Picture Casual

James McCarthy has 30+ years in finance and private equity, corporate structuring and work-outs, and raising debt and equity as an investor, lender, investment manager, portfolio manager, financial advisor, corporate consultant, work-out consultant, and city planner. Clients have included domestic and offshore institutional investors, investment funds, hedge funds, high net worth investors, and private companies. I hold an MBA from Columbia University and a Master of City & Regional Planning from Rutgers University.

Special interests include green and sustainable design, resilience, passive energy design, waterfront, walkability, transit-oriented design, affordable housing, high-quality and innovative architecture and construction technology, mixed-use development, and the inclusion of public spaces and landscape architecture.

JMc & Jameson Capital

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“If you think you’re too small to make a difference… try sleeping with a mosquito in the room.”

— Irish traditional

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