In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT A couple assembling furniture. Drazen_ | E+ | Getty Images Gen Z and millennials are “hacking” the housing market as high prices and interest rates make affordability difficult. The term “house hacking” refers to the practice of renting out a portion of your home or
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This looks like a good fit for FiDi: Health-club chain Fitness International signed one of the year’s biggest retail leases at AmTrust RE’s 58 Maiden Lane — a three-level, 36,650 square-foot home for a new “Club Studio” concept. The club will provide “next-level” amenities and boutique fitness classes together in a single, state-of-the-art facility — including
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Sales of previously owned homes were 4.1% lower in October compared with September, running at a seasonally adjusted annualized rate of 3.79 million units, according to the National Association of Realtors. It was the slowest sales pace since August 2010. Analysts were expecting a smaller drop, to 3.9 million units. Sales were down 14.6% year-over-year.
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Sales of previously occupied US homes slumped in October to their slowest pace in more than 13 years as surging mortgage rates and rising prices kept many prospective homebuyers on the sidelines. Existing home sales fell 4.1% last month from September to a seasonally adjusted annual rate of 3.79 million, the National Association of Realtors said Tuesday.
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The prominent restaurant space on the West 50th Street side of Rockefeller Group’s 1271 Sixth Ave., which fell vacant when the pandemic crushed Le Pain Quotidien there in 2020, has a new, fine-dining tenant. Costeño Group, which operates dozens of celebrated, high-end and casual restaurants in Mexico and Madrid, Spain, just signed for over 8,000 square feet — half at ground
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High mortgage rates continue to weigh on the nation’s homebuilders, leading to an increase in price cuts to lure buyers. But builders are cautiously optimistic about recent signs that interest rates may move lower soon. Homebuilder sentiment fell six points to 34 in November on the National Association of Home Builders/Wells Fargo Housing Market Index
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Potential homebuyers attend an open house in Seattle. Mike Kane | Bloomberg | Getty Images Current homeowners and potential homebuyers are responding to lower mortgage rates, albeit slowly. Mortgage demand rose 2.8% last week, compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. That was the second straight week of
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“The Morning Show” star Reese Witherspoon’s 20-year-old son, Deacon Phillippe, found himself at the center of social media uproar after offering a glimpse of his upscale college apartment in New York City. In a tour that unveiled spacious rooms, high ceilings and a unique spiral staircase, the New York University student casually acknowledged paying “West
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‘Tis the season in the heart of Manhattan — and this year, Fifth Avenue is unwrapping the ultimate holiday gift for New Yorkers and tourists alike. For the second consecutive year, the thoroughfare will transform into a pedestrian paradise, one without car traffic, on select Sundays in December — all thanks to the “Gift of
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Lever House, the 390 Park Ave. masterpiece that first brought curtain-wall design to commercial New York in 1952, is back in business after a two-year closure and $100 million redevelopment. The project by owners Brookfield and WatermanCLARK is no routine restoration, but a revelation to those who’ve walked by a thousand times and never knew what
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It’s not quite into the woods.  Located in Connecticut, this home has a storied history. For nearly 40 years, the late “Gypsy,” “Follies,” and ‘”A Funny Thing Happened on the Way to the Forum” composer Stephen Sondheim called this Roxbury, Connecticut residence his home. And now, some two years after his death, it’s looking for
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Necker Island has announced its virgin voyage of accepting Christmastime bookings.  Business magnate Richard Branson’s British Virgin Islands paradise has only ever been available to personal guests, the very famous or those rich enough to book the entire landmass during the holiday season — until now.  “This year, we’re inviting travelers from around the world
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