Month: June 2024

One of the real-estate-heir twins accused of two Manhattan rapes has stepped away from the company he co-founded — with the firm describing the claims to staffers Tuesday as “extremely disturbing.” The development came as the alleged victims’ lawyer told The Post that accused 36-year-old brothers Alon and Oren Alexander tried to negotiate a deal
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In recent years, mortgage rates in the US have soared to their highest levels in more than two decades, leaving many potential homebuyers and sellers wary. The Federal Reserve’s efforts to combat languishing inflation have played a significant role, as the central bank raised interest rates 11 times from 2022 to 2023, taking the benchmark
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Two just-signed, major, new deals demonstrate the sustained appeal of Related’s Hudson Yards complex — and the preference for newer buildings over highly-regarded older ones.   Warner Bros. Discovery (WBD), the largest tenant at 2.6 million square-foot 30 Hudson Yards, has been consolidating operations since AT&T’s Warner Media merged with Discovery in 2022. The resulting space shakeout freed
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New measures are in the works to solve the city’s housing and office crises — but they depend on whether Mayor Eric Adams has what it takes to push them through the obstructionist City Council. The housing-starved city will need 473,000 new apartments by 2032, according to the Regional Plan Association, but only 11,000 new
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Consumers confronted with high housing prices sometimes point to private equity when buying homes as a contributing factor. But experts say that while the housing market has multiple issues, it’s hard to determine if real estate investor activity is truly deterring people from becoming homeowners across the U.S. Real estate investors purchased about 44,000 U.S.
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Several markets where high-end home prices haven’t skyrocketed are dense population centers that people left during the pandemic, when remote-work options allowed folks to live farther from their big-city jobs. These already high-priced housing markets meant there wasn’t much room for prices to grow, especially given buyers’ ongoing affordability challenges, points out Hannah Jones, a
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Hurricane Irma strikes Miami, Florida, in 2017. Warren Faidley | Getty Images Hurricane season has officially begun. With scientists predicting yet another active year for storms, making your home hurricane resistant has become a more valuable precaution. The National Oceanic and Atmospheric Administration said in its forecast May 23 that it expects an 85% chance
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The final scene of “The Jinx: Part Two” docuseries finale, which aired on Sunday, shows stunning views of a lavish beachfront mansion, meant to represent the Hamptons home of killer Robert Durst‘s widow, Debrah Lee Charatan. The series, which chronicles the California murder prosecution of New York real estate scion Durst, uses Charatan’s Bridgehampton mansion,
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