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
In an overdue, welcome step, the Real Estate Board of New York’s reports on office building visitation — i.e., physical occupancy by employees — will now be released every month. The REBNY data based on Placer.ai location data was previously issued quarterly. The September numbers for 350 Manhattan buildings show visitation increased to 66% of
He went from having an “Entourage” of A-Listers to a pet posse with a goat, llama and donkey. Adrian Grenier left the bright lights of Hollywood and his hometown Big Apple to live on a 46-acre ranch in Austin, Tex., which will be featured on MTV’s “Cribs” on Nov. 22. The Post got an exclusive peek
Former US president Donald Trump leaves the court room of the State Supreme court on the first day of his civil fraud trial on October 2, 2023 in New York City. Kena Betancur | AFP | Getty Images A New York judge on Friday denied a request by Donald Trump and his co-defendants for a
In a market where real estate prices seem to defy logic, a 731-square-foot property with a staggering $1.2 million price tag is a hot commodity in Denver. While the price tag might raise eyebrows, insiders said the heightened demand in the Mile High City is all about “location, location, location.” This modest three-bedroom, one-bathroom dwelling
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
The grand finale of an era unfolds as the final vestige of the Rockefeller dynasty’s extensive property empire emerges on the market for a staggering $9 million. Nestled within the opulent landscapes of Greenwich, this estate, encompassing 4.24 acres, embodies the legacy of an iconic family. Representing the last remnant of a legacy that once
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
Former US President Donald Trump appeared in court on Tuesday for the third week of a civil fraud trial in New York, on October 17, 2023. Fatih Akta | Anadolu Agency | Getty Images Donald Trump and his co-defendants asked a judge Wednesday to grant a mistrial in the $250 million civil business fraud case
“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
A construction site of residential buildings on the Elbe dike near downtown Wittenberg. Soeren Stache | Picture Alliance | Getty Images Germany’s Olaf Scholz once set the goal of building 400,000 new homes a year, even before he become chancellor. Fast forward two years, and German housebuilding looks like it’s collapsing, putting pressure on both
Sweets are out, shades and shutters are in at 1011 Third Avenue at East 60th Street. Canadian-based interior products chain Blinds to Go just signed a lease to replace Dylan’s Candy Bar, which closed two years ago. The 15-year deal is notable due to its size (more than 11,000 square feet on three levels) and prime
An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, California. Mario Tama | Getty Images The average rate on the 30-year mortgage fell 18 basis points to 7.40% on Tuesday, according to Mortgage News Daily, as Wall Street lowered its
Former U.S. President Donald Trump’s son and co-defendant, Donald Trump Jr. attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough on November 2, 2023 in New York City. Shannon Stapleton | Getty Images Donald Trump Jr. is expected to return to the witness stand Monday as the
‘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
In this article RDFN Follow your favorite stocksCREATE FREE ACCOUNT A “For Sale” sign in Arlington, Virginia, on Aug. 22, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Fewer people can afford to buy a house these days. On top of soaring home prices, 30-year fixed mortgage rates have been hovering near the highest level
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
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
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
Chair of the House Republican Conference Rep. Elise Stefanik (R-NY) speaks during a news conference after a caucus meeting with House Republicans on Capitol Hill May 10, 2023 in Washington, DC. Drew Angerer | Getty Images House Republican Conference Chair Rep. Elise Stefanik on Friday filed an ethics complaint calling for the removal of a
Disabled veteran Carl Westcott has been ousted from his Montecito, California home as a Los Angeles judge sided with its owner, Katy Perry, on Wednesday in a bitter legal battle. The issue at hand: Westcott, who suffers from the neurological disorder Huntington’s disease, claiming to have lacked the mental capacity to sell his home to Perry
House for sale in Millbrae, California. Xinhua News Agency | Xinhua News Agency | Getty Images Mortgage rates saw the biggest one-week drop in over a year last week, causing the first increase in mortgage demand in a month. Total mortgage application volume rose 2.5% last week, compared with the previous week, according to the
AD100 interior designer Jennifer Post’s ninth-floor condo inside the storied Apthorp has just hit the market for $5.5 million. Post, whose clients include stars like Jennifer Lopez and Simon Cowell, as well as hedge fund billionaires, has worked on homes from Billionaires’ Row to London, and even in Paris, Aspen, Palm Beach, California and the Hamptons. Now,
Ivanka Trump, assistant to U.S. President Donald Trump, listens during an American Workforce Policy Advisory Board meeting in the East Room of the White House in Washington, D.C., U.S., on Friday, June 26, 2020. Al Drago | Bloomberg | Getty Images Ivanka Trump, the eldest daughter of former President Donald Trump, is scheduled to testify
Toronto Star | Toronto Star | Getty Images A recent jury verdict against the National Association of Realtors and large residential brokerages could upend the residential real estate industry. The real estate compensation model is at the heart of the issue. Plaintiffs contend that commission rates are too high, buyer brokers are being overpaid, and
With mortgage interest rates hitting record highs not seen in decades and quickly approaching 8%, many might wonder: How much more does it actually cost to buy a house today? According to a new report by Realtor.com®, the monthly cost of financing 80% of a typical home jumped by $166 in October compared with this
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
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
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