Take a Walk Down ‘Do the Right Thing Way’; NY Real Estate Could See a Slowdown in Chinese Investment

Posted On Tue, August 11, 2015 By

Posted On Tue, August 11, 2015 By In Real Estate Wire

  • A look at the new Goethals Bridge on Staten Island, now under construction. [SI Live]
  • A street in Bed-Stuy has officially been named after Spike Lee’s “Do the Right Thing.” The name applies to Stuyvesant Avenue, a stretch between Lexington Avenue and Quincy Street. [Brooklyn Mag]
  • The devaluation of the Chinese renminbi could lead to slowdown in New York investments. China has long looked to the city’s property market as a place to plant their cash. [TRD]
  • A 1970s law preventing brothels is preventing big-name fitness establishments from expanding. [Crain’s]

Images: Do the Right Thing Way via 40 Acres (L); Chinese renminbi (R)



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