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This Week In Real Estate Numbers


27k SF --> The size of the new FDNY station in Ocean Hill, which just released new renderings this week. While the exterior will be clad in precast concrete panels and red-glazed terra cotta, the facility will feature dormitories, a kitchen and dining area, office and storage space, outdoor space and a gym.

380 Feet --> The height of the Lennar Corp's 245-unit market-rate tower in Oakland, which may be tallest residential tower in the city.

69% --> Apollo Global Management's Q4 profit drop. 

$23M --> The cost to renovate a 88-year-old, 18-story Midtown property into a synagogue for gay, lesbian, bisexual and transgender Jews.

$1.2B --> Wells Fargo's settlement with the federal government to settle claims that the bank engaged in mortgage insurance fraud through the FHA program.

1 --> The number of hours it took Fundrise to sell out its third eREIT subscriptions.

$85B --> The total worldwide hotel transaction volume in 2015, making it the second-highest year on record. 

$2.5B --> The price tag for proposed streetcar that would connect Brooklyn and Queens and just received support from Mayor Bill de Blasio. 

400 --> The number of brick-and-mortar bookstores Amazon is planning on opening in 2016. 

43.5k SF --> The size of the upcoming Bjarke Ingels-designed Bronx police station.

$30 --> The per-barrel-price for crude oil this week, crushing hopes for a recovery and market gains.

$150M --> The amount of EB-5 financing that Hotelier Beny Alagem is seeking to raise in order to bring the first Waldorf Astoria to the West Coast.

130 --> The number of new units that MacQuesten Development's two-building Van Snideren Plaza will bring to East New York.

$368M --> The amount of real estate taxes the Jehovah's Witnesses were exempted from paying on their Brooklyn holdings over the past 12 years.

$400 --> The nightly rent to stay at the "Netflix and Chill" Airbnb in NYC's West Village.

25.18% --> The year-over-year median sales price increase in Manhattan in Q4 '15.

$1.7B --> The amount NYC will have to pay to set up enough elevators to comply with the Americans with Disabilities Act.  

35% --> The decrease in venture capital deals from the same time last year in Silicon Valley. San Francisco experienced a 30% drop in VC deals.

7,781 --> The number of residential housing units granted permits in December as NYC developers scrambled to get in before the 421-a tax abatement expired.