Thursday, March 22, 2012

New York Magazine extols virtues of Kingsbridge

Here is news about positive recognition received by Kingsbridge in a recent edition of New York Magazine. The press release was sent by Assemblyman Dinowitz.


Assemblyman Jeffrey Dinowitz applauds New York Magazine for its extremely positive article highlighting the Kingsbridge community’s real estate value, excellent business establishments, and neighborhood amenities.

“I am extraordinarily pleased that New York Magazine has recognized the desirability and positive future of Kingsbridge. I’ve been saying for a long time that so many great things are taking place in Kingsbridge and its future is bright. The fact that the River Plaza shopping center has been such a huge success and the upcoming development of the Stella D’oro site and West 230th Street and Broadway all indicate that there is much confidence in our Kingsbridge community. Substantial business investment along the Broadway corridor, which I have advocated for many years, is a huge vote of confidence in Kingsbridge’s future,” said Assemblyman Dinowitz.


Richard Liriano said...

Here is a link to the article

matthewsstar said...

New York property as an expenditure would have a total rental yield of 4 to 5 percent. After spending for common costs and taxes, the net leasing yield decreases to about 3 to 4 percent.

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