With 2020 now behind us, we get to bid farewell to a remarkably eventful year, and start looking toward the future. From the pandemic to one of the most active real estate markets we've seen in a long time, 2020 was certainly a year for the history books. Before we go any further, we would like to take a moment to recognize and thank our first responders and frontline workers – particularly the doctors, nurses and...
Business experts have spent the last few years discussing the dichotomy of online stores and brick-and-mortar locations, but several online businesses are bucking this trend and combining digital and physical stores for an omnichannel retail strategy. Here are just a few of the top online retailers opening physical storefronts to expand their market reach and success. Wayfair Wayfair has taken the online world by storm with their wide selection of home furniture, accessories, and art pieces that appeal...
New York has always been a site of grand architecture and urban development, from the numerous skyscrapers to the beautiful waterfront. None of these projects come anywhere close to the Hudson Yards Project, though, as the largest real estate development in the history of the United States. With the first phase of the complex having just opened this month and construction expected to finish in 2024, here’s everything investors need to know about how to get...
Since the early 20th century, New York City has become renowned across the globe for its mighty skyscrapers, which dominate the skyline. While properties in New York change hands regularly, it is always breaking news any time one of these historic towers is put on the market. The Chrysler Building The Chrysler Building was built in 1930 by Walter Chrysler and was meant to be the home of the automotive manufacturer of the same name. At the...
Investors and developers went into a flurry of excitement in November as Amazon announced plans to move half of its HQ2 to Long Island City, NY. Now, it seems that Amazon’s momentous decision was merely the prelude to a new boom era for New York, as industry experts predict that Google, Facebook, and many others will be expanding their local operations in the new year. Let’s take a look at how the influx of tech giants...
Over the last decade, economic growth has been wildly inconsistent across the United States. While stock markets continue to rise higher than ever before, new business formation is at its lowest point in recent history, with hubs such as New York and California being the main drivers of growth. However, with the passing of the Tax Cuts and Jobs Act, a new opportunity has appeared for bold investors to reinvigorate struggling businesses while also increasing...
With 2018 quickly coming to a close, tis the season to reflect on another successful year and, of course, to thank you for your continued loyalty and unwavering support. We are incredibly fortunate to be surrounded by such a wonderful group of employees, clients and friends at Town Title Agency. 2018 was a good one, both as an organization and as members of the#TownTitleGivesBack community. Earlier this year, we insured several major commercial transactions, including a $55 million multi-property...
Now that Amazon has chosen to establish one of its two newest headquarters in Long Island City in Queens, New York, we can’t help but wonder exactly what this will do for NYC’s real estate market. With 25,000 employees moving to HQ2, it’s very likely that Queens, in particular, will experience some drastic changes. Let’s examine the effect that this new addition will have on the neighborhood: Housing Long Island City is already experiencing a housing boom, and...
Understanding the emerging trends for commercial real estate can help you make an informed decision on your next big investment. In this challenging market, experience and knowledge are key to success—and to beating your competitors. Commercial Real Estate Trends Modern office buildings with recreational amenities are becoming even more attractive to new tenants. That’s because big companies like Google and Facebook often use fitness facilities, roof decks, and outdoor spaces to boost creativity and increase employee loyalty....
Wexler to retire following 14 years with Town Title and 40 years in the industry PARAMUS, N.J. – Town Title Agency would like to congratulate Diane Wexler on her retirement, effective June 1. Wexler, a 40-year veteran in the title insurance industry, provided 14 years of exemplary service to Town Title in its production department. “It has been a pleasure working for this great company for the last 14 years, and I am proud of what my...