Michelle Sinclair Colman

1 month ago | cityrealty.com | Michelle Sinclair Colman

It stinks to be known for an odor but Gowanus has long been plagued by its immensely polluted canal that is the spine of the neighborhood. That being said, Gowanus is one of Brooklyn’s most closely watched real estate frontiers. With the Superfund project 15 years in, working to clean the canal, and a sweeping rezoning effort has unlocked a wave of new development, bringing mixed-income residential towers, cultural spaces, and commercial hubs to an area once dominated by warehouses and factories.

1 month ago | cityrealty.com | Michelle Sinclair Colman

President Trump’s tariffs are poised to leave few unscathed, particularly in the housing sector. On Wednesday, Trump imposed what he referred to as “dollar for dollar reciprocal tariffs” on 90 countries he believes to be trade threats, this includes a 25% additional tariff on imports from Canada and Mexico and a 10% additional tariff on imports from China, now totally, possibly, up to 54%.

1 month ago | cityrealty.com | Michelle Sinclair Colman

Just as the internet revolutionized shopping in the modern era, the Industrial Revolution transformed shopping just as dramatically, if not more so. By fueling rapid invention, steam power, and an expanded labor force, the Industrial Revolution laid the foundation for the department store. As the middle class expanded, shopping evolved beyond small specialty shops, giving rise to stores that offered a variety of goods under one roof at multiple price points.

1 month ago | cityrealty.com | Michelle Sinclair Colman

We sought insights from Brad Gerstman—a real estate transactions lawyer, lobbyist, and government relations expert—on how Andrew Cuomo and Eric Adams might approach the role of mayor differently, specifically in terms of real estate. Both have extensive track records to draw on… and a lot of baggage. Comparing their experience and accomplishments, Gerstman weighs in on their pros and cons and ultimately reveals who he thinks will get the job done best.

2 months ago | cityrealty.com | Michelle Sinclair Colman

Closing the loopThe East Midtown Waterfront project is a 1.8-acre public promenade along the East River in Sutton Place, designed by Stantec as the second phase of the three-part East Midtown Waterfront Esplanade. This initiative aims to "close the loop" of the Manhattan Waterfront Greenway, offering New Yorkers uninterrupted access to waterfront open spaces around Manhattan. The final phase, spanning East 41st to 53rd Streets, known as the UN Esplanade, remains in the design stage.