In this article WE Follow your favorite stocksCREATE FREE ACCOUNT The WeWork logo is displayed outside of a shared commercial office space building in Los Angeles, California on August 8, 2023. Embattled office-sharing firm WeWork on August 8 warned US regulators that it is worried about its survival. Citing financial losses, cash needs, and a
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It’s hard to keep up with riverfront residential development in Brooklyn and Queens. The latest project to make a splash is Halcyon Management’s West Wharf on a seven-acre site in Greenpoint near the Williamsburg border. The first tower, 40-story 60 Wharf Drive, just began leasing 554 luxury apartments. The luxury 60 Wharf Drive just began
Miniseries | E+ | Getty Images Homebuyers are dealing with record-high costs this year amid interest rate hikes and shrinking supply. While shopping for homes is increasingly competitive, prospective buyers should consider an additional factor when weighing the pros and cons of a given property: the homeowners association, or HOA. Homeowners associations are run by
When you’re a huge, publicly-traded company with more than eight million square feet of offices in a struggling market, it helps to have a world-famous Observatory on top of your most famous building. Empire State Realty Trust’s third-quarter results revealed a solid overall leasing performance including 90.5% occupancy in Manhattan and comfortable liquidity. But its
An enormous swath of prime beachfront real estate in South Florida has hit the market as a package. In Miami Beach, three adjacent parcels — two of which previously belonged to now-53-year-old actor Matt Damon — are looking for a buyer, The Messenger reported. The offering asks a cool $65 million. In all, the triple
A house is for sale in Arlington, Virginia, July 13, 2023. Saul Loeb | AFP | Getty Images As mortgage rates hover near the highest level in more than two decades, homebuyers are turning to riskier mortgage products to help them get into a home. Last week, the average contract interest rate for 30-year fixed-rate
In this article AVB CPT EQR JBGS MAA UDR Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration AvalonBay Communities, Inc. logo seen displayed on a smartphone and in the background. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Washington, D.C., Attorney General Brian Schwalb’s office
That’s some serious profit potential. A palatial South Florida estate is formally on the market for the first time, and looking to get exponentially more than what it sold for 18 months ago. In Miami Beach’s guard-gated community of Hibiscus Island, this seven-bedroom, 7.5-bathroom beachfront compound is seeking $37.5 million, more than $8.3 million above
Donald Trump Jr. and his brother Eric Trump arrive at New York Supreme Court for former President Donald Trump’s civil fraud trial on November 02, 2023 in New York City. David Dee Delgado | Getty Images The two oldest sons of former President Donald Trump are set to testify Thursday in the $250 million New
Ivanka Trump David A. Grogan | CNBC Ivanka Trump asked a New York appeals court to pause the $250 million fraud trial of her family and its business empire as she appeals a judge‘s order requiring her to testify in the case next week. The request to stay the entire trial came at the tail
A sign ‘FOR SALE’ seen outside a house in Edmonton on October 22, 2023, in Edmonton, Alberta, Canada. (Photo by Artur Widak/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images The National Association of Realtors announced Thursday that CEO Bob Goldberg will resign earlier than expected, as the group contends with the fallout from
In the world of opulent real estate, New York City’s Central Park South is a perennial favorite, renowned for its lavish residences and exorbitant price tags. The latest testament to this trend comes in the form of a sprawling 12,000-square-foot apartment at The Plaza, which recently changed hands in a record-breaking sale in a hush-hush
The late Ivana Trump’stownhouse in New York has sat on the market for one full year with no takers. In September, it took a $4 million cut from its original asking price, down to $22.5 million. The extravagant residence remains virtually untouched since her death in July 2022. In fact, very little has changed since
Donald Trump Jr., executive vice president of development and acquisitions for Trump Organization Inc., speaks at the Turning Point Action conference in West Palm Beach, Florida, US, on Sunday, July 16, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images Donald Trump Jr., the eldest son and co-defendant of former President Donald Trump, is expected
The Federal Reserve left its target federal funds rate unchanged for the second consecutive time Wednesday. Even so, consumers likely will get no relief from current sky-high borrowing costs. Altogether, Fed officials have raised rates 11 times in a year and a half, pushing the key interest rate to a target range of 5.25% to 5.5%, the
Elton John’s Atlanta home, known for its flamboyant flair, has just fetched a whopping $7.22 million, soaring 45% above its initial asking price — and not long after listing for sale. The listing agent, Chase Mizell of Atlanta Fine Homes Sotheby’s International Realty, confirmed the sale to the Wall Street Journal. The “Rocket Man” singer
A Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the Belt and Road Forum (BRF), to mark 10th anniversary of the Belt and Road Initiative, in Beijing, China October 18, 2023. Edgar Su | Reuters BEIJING — China signaled support for property developers and resolving
An aerial image shows a red roofed house that survived the fires surrounded by destroyed homes and buildings burned to the ground in the historic Lahaina in the aftermath of wildfires in western Maui in Lahaina, Hawaii on August 10, 2023. Patrick T. Fallon | AFP | Getty Images Along East Boston’s waterfront sits The
Rents continued to fall around the country as more rental units hit the market. September marked the fifth month in a row of year-over-year rent declines, with prices decreasing 0.7%, according to a recent Realtor.com® report. The median asking rent dropped to $1,747 in September. That was a $5 dip from August 2023 and a
The top emerging housing markets in America this fall have one key thing in common: They’re generally places where buyers can still find an affordably priced home. The No. 1 market this fall is Topeka, KS, according to the quarterly Wall Street Journal/Realtor.com® Emerging Housing Markets Index. The capital of Kansas boasts a median home
Pictured here on Sept. 7, 2023, are residential buildings under construction at the Tao Yuan Tian Jing project, developed by Evergrande in Yangzhou, China. Bloomberg | Bloomberg | Getty Images Shares of embattled Chinese property Evergrande hit an all-time low of 18.8 Hong Kong cents (2.4 U.S. cents) after a Hong Kong judge delayed the
An Amazon.com Inc worker prepares an order in which the buyer asked for an item to be gift wrapped at a fulfillment center in Shakopee, Minnesota, U.S., November 12, 2020. Amazon.com Inc | Reuters The initial third-quarter report on gross domestic product showed consumer spending zooming higher by 4% percent a year, after inflation, the
There are some one-of-a-kind homes in America that stick out from the millions of properties that still stand today. Here are 11 unusual homes in the United States and beyond. These include the “Flintstone House” in California and a jail cell-equipped house in Ohio. Recently, a school in Iowa that was turned into a massive mansion had
A humble mound of a house just commanded quite the sales price. Set in a Southern California forest, this looker of a geodesic home has freshly sold for $615,000, The Post has learned. The idyllic little spherical structure, constructed in 1986, hit the market last month and went off it this week. The property is
Chris Wattie | Reuters The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting next week, even though the central bank’s preferred inflation indicator remains well above the 2% target rate. Late last month, Fed Chair Jerome Powell said ”inflation is still too high,” raising expectations that another rate hike may
This turn-of-the-century, and tricked-out, Upper East Side townhouse asking $15.99 million has found a buyer. The seller is Ronald Dickerman, founder of real estate private equity firm Madison International Realty. Dickerman bought the home 10 years ago for $15.5 million, via a shell company, according to property records. The 21-foot-wide residence, at 159 E. 61st
Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., October 25, 2023. Jeenah Moon | Reuters Former President Donald Trump on Thursday railed against the judge who will deliver verdicts in his $250 million New York fraud
Residential buildings in Hong Kong, China on October 23, 2023. Vernon Yuen | Nurphoto | Getty Images Hong Kong’s leader John Lee this week eased the city’s decade-old residential property cooling measures — but questions remain on whether it’s enough to boost market sentiment and low transaction volumes for the private housing sector. “Although relaxation
A slice of comedic history is now up for grabs, as the late, great Robin Williams’ former San Francisco abode — adorned with secret rooms and hidden passageways designed for his children — is set to make waves in the real estate world with a jaw-dropping price tag of $25 million. The captivating tale of
A townhouse for sale in the Upper East Side neighborhood of New York City. Adam Jeffery | CNBC Mortgage demand has essentially stalled at the slowest pace since 1995 as mortgage interest rates continue to rise. Total application volume dropped 1% last week compared to the previous week, according to the Mortgage Bankers Association’s seasonally
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