Roosevelt Island is a much more hospitable, fun place than it originally was. The biggest reason is the large-scale, two-decades endeavor known as Riverwalk, which has brought more than 4,000 new residents to eight new buildings north of the bridge. The near $1 billion complex developed by a joint venture of Related Companies and
Month: September 2024
Chris Pratt and Anna Faris’ former Los Angeles home has listed for $7.5 million. The property, which once belonged to the Hollywood stars, is now owned by Brett Mahoney, the executive producer and showrunner behind several hit TV shows, such as “CSI: Miami.” Billy Rose and Natasha Sizlo of The Agency hold the listing. Pratt
MISSOULA, Mont. — In a subdivision near the northern edge of town, a number of condos and duplexes have popped up in the past three years. It’s part of a larger effort, including new zoning laws, to help provide affordable housing to Montanans who have found themselves priced out of the market, said DJ Smith,
Recent signs of cooling inflation are paving the way for the Federal Reserve to cut rates when it meets next week, which is welcome news for Americans struggling to keep up with the elevated cost of living and sky-high interest charges. “Consumers should feel good about [an interest rate reduction] but it’s not going to
Jennifer Lopez is on the hunt for a new home following her recent split from Ben Affleck, and she’s reportedly zeroing in on one of LA’s most tony properties. What’s more, It’s a home right next to another one of her exes: Sean “Diddy” Combs. Lopez, who dated Combs from 1999 to 2001, is eyeing
People walk along London Bridge past the City of London skyline. Sopa Images | Lightrocket | Getty Images LONDON — The U.K. is leading a recovery in Europe’s long subdued office real estate market, with overall investment in the sector expected to pick up further in the second half of the year. Britain recorded 4.1
We started buying Home Depot shares last week as a play on housing and interest rates. Our initial 50-share buy was around $362. We bought 50 more shares Wednesday a few dollars higher. The Dow stock is having a mixed year — up about 7% compared to the S & P 500 ‘s more than
Rgstudio | E+ | Getty Images Owning a home makes some people feel more confident about their prospects for retirement — but that may be misguided, some experts say. About 37% of polled workers — including those with part- or full-time jobs, or who are self-employed or business owners — say they are “ahead of
This Manhattan triplex is looking for a new owner — be they hero or villain. A Murray Hill penthouse featured in director Sam Raimi’s early 2000s “Spider-Man” trilogy has hit the market with a $1.95 million price tag, according to a StreetEasy listing update. The unit played the part of Spider-Man’s nemesis the Green Goblin’s
LARKSPUR, CALIFORNIA – NOVEMBER 30: A sign is posted in front of a home for sale on November 30, 2023 in Larkspur, California. According to a report by the National Association of Realtors, pending home sales fell 1.5 percent in October to their lowest level in 20 years. (Photo by Justin Sullivan/Getty Images) Justin Sullivan
Grace Cary | Moment | Getty Images Inflation continued to throttle back in August, signaling that the fast-rising prices that plagued the U.S. economy for the better part of the three years during the pandemic era are increasingly shifting into the rearview mirror. Overall inflationary pressures are “dissipating,” said Sarah House, senior economist at Wells
Thanks to the run up in housing prices, homeowners now have more than $32 trillion in home equity as of the first quarter of 2024, according to the St. Louis Federal Reserve — an all-time high. “It’s one of the very few things we can say about today’s housing market that is, more or less, positive,” said
While the rest of the world sees a dip in the ultra-luxury home market, the playgrounds of the rich and richer — New York, Miami and Palm Beach — are cashing in like never before. According to a new report from real estate firm Knight Frank, sales of homes priced at $10 million or more
DUBAI, United Arab Emirates — Dubai’s property scene is showing no sign of cooling off, as 2024 is on track to be another record year in terms of sales figures and property values, according to local real estate firms. Increasing demand for property, especially in the luxury space, is boosting prices not just of homes,
Tarpon Island, a private island in Palm Beach, Florida, sold for $150 million in May 2024. CNBC A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Sales of ultra-luxury homes surged in
Michael Jordan’s mansion still won’t budge on the sales market — and neither will he. Jordan, the basketball legend known for setting records on the court, is close to achieving another — having the most famous mansion that just won’t sell. His sprawling Highland Park, Illinois estate, originally listed for $29 million back in 2012
For months, economists have wrestled with the disconnect between how well the economy is doing and how badly people feel about their financial standing. Now, evidence suggests that the so-called “vibecession,” or that prolonged period of negative sentiment about the economy, appears to be ending, according to Michael Pearce, deputy chief U.S. economist at Oxford Economics. As inflation cools
Home is where the art is. On prestigious Gin Lane in Southampton, the light-filled property that the famed pop artist Roy Lichtenstein had long shared with his wife, the philanthropist Dorothy, has listed for $19.99 million, according to an eye-catching update on the Out East listings portal. This offering comes roughly 27 years following the
Timothy Armoo, co-founder and former CEO of Fanbytes. Tim Armoo. Timothy Armoo, a co-founder and former CEO of influencer marketing firm Fanbytes, is not what you might expect from a multi-millionaire. He doesn’t own any mansions — or property at all — saying he prefers to spend some of his money on eclectic investments, ranging
China’s property market has still not found a bottom despite all the turmoil in the past year, according to Standard Chartered CEO Bill Winters. Speaking to CNBC’s JP Ong, Winters described the investing environment in China as “difficult,” explaining that consumer confidence and international investor confidence was relatively low. “We know that the underlying source
Size isn’t everything. A prestigious ranking of the country’s best small towns has been published — and a charming locale just an hour’s drive from the hubbub of NYC has made the list. Compiled by editors at Travel + Leisure and a handful of industry experts, the America’s Best Small Towns 2024 survey tapped the larger-than-life
A Los Angeles abode once owned by the English actress Kate Beckinsale listed for sale on Friday, The Post has learned. Beckinsale paid $3.59 million for the Cape Cod-style home in 2006, then sold it for $3.99 million in 2021, a $400,000 profit. It now has a $4.29 million price tag. The 51-year-old is known
A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California. United States real estate industry rules governing agent commissions will change on August 17 as part of a legal settlement between the National Association of Realtors and home sellers. (Photo by Patrick T. Fallon /
Rents may be high, but there are options — if you are willing to share. Take this luxury penthouse duplex at 109 Norfolk St., known as the Switch Building, in the Lower East Side. The penthouse was on the market as a $15,500-a-month rental. While that might be quite high for an average twentysomething, it’s
Nobel Prize-winning economist Joseph Stiglitz says the Federal Reserve should deliver a half-point interest rate cut at its forthcoming meeting, accusing the U.S. central bank of going “too far, too fast” with monetary policy tightening and making the inflation problem worse. His comments come ahead of Friday’s pivotal release of U.S. jobs data, with investors
Gen Z has taken the lead in the homeownership race. In 2023, the homeownership rate for adult Gen Zers, or those between 19 and 26 years old, was higher than the homeownership rate for millennials and Gen X when they were 24, according to Redfin, a real estate company. The race is close, though. About
Country star Zac Brown is saying goodbye to his luxurious Lake Lanier, Georgia estate — just as his divorce battle heats up. Brown has put his sprawling lakeside home on the market for $3.25 million, hoping to make a hefty profit after buying it for $1.8 million back in June 2020. The listing was first
Close-up and side view of classic Georgian buildings in London, England, UK. Colors Hunter – Chasseur De Couleurs | Moment | Getty Images LONDON — London landlords are selling up their buy-to-let properties at record rates as anticipated tax hikes from the U.K. Labour government add further pressure to the once lucrative investment sector. Almost
A palatial home that once belonged to the legendary late prima ballerina Dame Margot Fonteyn is looking for its next steward. The newly listed, nearly 16,000-square-foot property is located in the Knightsbridge district of London — and asks a mighty $85.81 million. Originally built in 1928, Fonteyn — who passed away in 1991 — moved