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Mastering Property Development in the Concrete Jungle – Key Strategies for Success in New York

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Recently, the cost of homes in New York was up by 3.1%, selling at a median price of $825,000, according to market trends on Redfin. Property development is a lucrative business, but it can be challenging. Whether you’re developing residential or commercial property, the process entails more than buying, building or renovating, and selling property.
To become a successful real estate property developer, you need to follow a process. First, you need to define why you’re getting into real estate development, then come up with an effective plan. It’s also crucial to identify the best locations for real estate properties in the state and evaluate the feasibility of your project. Keep reading to learn a few essential tips for property development in New York.
Research the Real Estate Market in New York 
Proper market research is key to establishing a successful property development project. With this in mind, research the best NY locations for real estate development. While the entire region appeals to real estate investors, Long Island City, the Upper East Side, Washington Heights, and Bay Ridge receive a lot of attention from developers.
Each location has its advantages, and your choice will depend on your goals. For example, if you’re looking to purchase existing property at low prices in a safe and livable location, you may want to consider investing in real estate within Bay Ridge. Once you’ve identified an ideal site for property development, identify potential risks. In most cases, limitations like access to electricity, sewerage, water, and transportation make real estate development projects non-viable. Also, calculate the potential profit you’ll earn, how you’ll get financing, and the terms of developing property in the state.
Understand Property Development Designing And Planning
The next important step in real estate development is designing and planning. Remember, implementing a clever design will help you make the most of your site to earn high profits. Therefore, search for experienced architects and planners to draft appealing designs for your project. You’ll also need to coordinate a team to oversee the preconstruction phase of real estate development.
As a general rule of thumb, your team should have a civil engineer, town planner, land surveyor, builder, and landscape designer. Since you’ll need to prepare your site before building, hiring land clearing and brush removal services is indispensable . Therefore, take time to find a company with an excellent reputation. A reputable land clearing expert will help you remove unwanted trees, dispose of brush and grass, and remove tree stamps safely to pave the way for successful construction.
Start Building
After designing your development project and clearing the site, it’s time to build your property from the ground up. To ensure the construction phase is a success, make sure you’ve all the permits in place. Adhering to the building codes of New York is key to preventing legal issues with local authorities. Another important consideration in this phase is finances. Construction is expensive, so pay attention to cost variances, project timing and budget. Doing so helps you manage cash flow wisely, thus improving the bottom line.
Investing in property development in New York is a sure way of generating a high return on investment. However, to succeed in this venture, you must define your goals. Determine why you want to be a property developer, evaluate the viability of your plan, and find a suitable site. Next, design your real estate property, coordinate a team of professionals, and construct your property.

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Shared Domain Ownership: The Future of Digital Asset Investment

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There is a significant amount of change taking place with the Internet and the concept of ownership as well. When you purchased a domain name, there was only one owner of that name who had complete and total control over it.

However, today, a new business model referred to as “Shared Domain Ownership” is rapidly becoming popularized; in other words, multiple parties can collectively own a single domain name. The benefits of this new business model make investing in the Digital Economy easier and more accessible to everyone.

The Rise of Shared Domain Ownership

A domain name represented real estate on the Internet. A premium domain name (i.e., a name that is short, easy to remember, and includes keywords) has traditionally been worth thousands, if not millions of dollars. Instead of having one individual or entity purchase the entire name, people will be able to purchase a portion of the name.

In essence, this concept is similar to purchasing a portion of a company through its units. All owners of the domain have an equal interest in the domain and will collectively determine how to utilize and manage it. The benefits of shared ownership include the ability to distribute the cost of the name among multiple unit holders, owning a piece of a highly valued asset that may increase in value over time.

Accessibility of Domain Ownership

While the primary advantage of this model is accessibility, it also provides the opportunity to participate in the growing Digital Economy that they would otherwise be unable to afford.

Additionally, this model allows community members, small businesses, and start-ups the opportunity to own a domain name that represents their collaborative effort; thus providing a means for these entities to participate equally and profit from their collective efforts.

The Technology of Domain Fractionalization

An important innovation in this space is domain fractionalization, a concept that divides domain ownership into smaller, exchangeable pieces. This is accomplished via blockchain-based platforms such as Freename’s Domora, which enables users to own a domain name collectively.

For example, Freename has developed a platform that enables multiple owners to collectively own a domain name by creating digital units of the domain name. Digital owners will be able to learn more about this concept and how it is changing the way we invest in the Digital Economy through the new brilliant idea of domain fractionalization (Domora’s new platform by Freename), which describes how multiple domainers can collectively own a digital asset such as a premium domain name and manage the asset collectively, and even sell their digital units at a later date.

Benefits of this Model Include:

● Giving the ability to purchase one or more units of a premium domain name.
● Enabling multiple to manage a domain name collectively.
● Enabling them to sell their units of the domain name in the future.
● Therefore, this model represents an exciting combination of technology, shared ownership and collaboration.

The reason why this new concept is interesting

The concept of shared ownership of domains is already attracting the attention of domain enthusiasts engaged in fields such as cryptocurrency and digital assets. Similar to NFTs and tokenized property, domains have become digital real estate, something that can increase their value over time.

It is an opportunity for many to diversify their activities. Through ownership sharing, anyone can own a piece of a premium domain and can reduce the waiting time for a potential buyer to come.

A Step toward a Shared Digital Future

Shared domain ownership is the future of online resources. It incorporates cooperation providing more individuals a chance to participate in the next phase of development of the next internet marketplace.

Freename is demonstrating that ownership does not necessarily require exclusivity. They are contributing to the creation of a more open, fairer, and connected digital world by sharing the value of domains.

Ultimately, the concept is straightforward yet strong: the internet is communal property, and now so can its ownership.

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Slot vs table games: how to decide what to play at a bet casino

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When you’re choosing what to play at a casino, the decision often comes down to Slots or table games. Both are popular, but they offer completely different gameplay. For those interested in online chance-based Ireland play, understanding how these formats differ can help guide your choice.

Some players prefer the simplicity and speed of Slots, while others enjoy the structure of table games. Understanding the differences can help you decide which suits your preferences, playing style and budget.

You don’t have to commit to just one. Many players switch between the two depending on their mood, how much time they have, or the type of play they’re after. Whether you’re playing for a few quick spins or settling in for rounds at the Blackjack table, knowing what each format offers helps you make the most of your time.

Slot games

Slots are the most widely played games in any online casino. Their appeal? Simplicity and variety. At their core, Slots use Random Number Generator (RNG) software to ensure every spin is independent and unpredictable. This technology guarantees fairness and means there’s no way to influence or predict what happens next.

Modern Slots go well beyond the traditional three-reel fruit machines. Today, you’ll find thousands of themes covering everything from ancient mythology and popular TV shows to fantasy worlds and classic Vegas-style visuals. These games often feature detailed graphics, animations and sound design, all tailored to the theme.

Most Slots also come with bonus features, which can include free spins, expanding wilds, multipliers and mini games. These are usually triggered by specific symbols or combinations and add another layer to the gameplay. Some games also offer progressive jackpots, where a small percentage of each bet contributes to a growing prize pool.

Table games

Table games cover traditional casino staples like Blackjack, Roulette, Baccarat and various Poker formats. These follow fixed rules and are less reliant on chance alone, especially where decision-making plays a role – like choosing when to hit or stand in Blackjack, or how to bet in Roulette.

Unlike Slots, which are fully automated, table games may use digital dealers or live human dealers streamed in real time. Digital versions use RNGs to determine results instantly, while live dealer games use physical cards or wheels and follow real-world casino procedures.

Table games move at a slower pace than Slots, particularly in live formats where each round is timed. They also often require a basic understanding of rules, especially in games like Blackjack or Poker, where your choices can impact the result.

Things to consider when choosing

 Speed of play – Slots are much faster. You can play several spins in a short time, with no waiting between rounds. Table games, especially live dealer ones, are slower as each round has fixed timings.
 Simplicity vs decision-making – If you're looking for something based purely on chance with no learning curve, Slots are ideal. If you prefer a game where decisions play a role, table games like Blackjack or Poker might suit you more.
 Volatility – Some Slots offer frequent small returns, others less frequent, but potentially with larger payouts. Table games often have a lower house edge and may offer more consistent outcomes over time, making it easier to manage your balance across longer sessions.
 Game variety – Slots offer huge variety in terms of themes, features and reel setups. Table games are more traditional, although live casino providers now offer hybrid formats with game show-style twists.

Whichever game you choose, it’s important to gamble responsibly. Set limits that work for you, take regular breaks and keep track of how much time and money you’re spending.

Most licensed casinos offer built-in tools to help you stay in control, like deposit limits, session reminders and time-out options.

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