Jeff Bezos reportedly scooped up a $79 million mansion in Florida’s exclusive “Billionaire Bunker” island — two months after buying the home next door for $68 million. The Amazon founder and the world’s third-richest person — with a net worth of $156 billion, according to Bloomberg — purchased the seven-bedroom, 14-bathroom abode on Thursday, according
Prospective buyers visit an open house for sale in Alexandria, Virginia. Jonathan Ernst | Reuters The housing market is dealing with a number of “tricky” dynamics, according to Tracy Kasper, the president of the National Association of Realtors. “What we’ve experienced over the last probably 12 to 18 months is what I really like to
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google has opened its first west coast visitor Experience” center which is located by its Mountain View headquarters. Mark Wickens Google is opening a sliver of its main campus to the general public starting this week. The company opened its doors to what it’s calling
This area businessman is slowly taking over one of the city’s grimier subway stations. The same man who opened a bar in the 50th Street downtown 1 station has now also cut the ribbon on a coffee shop mere steps away. Subterranean Midtown magnate Adrien Gallo is now the proprietor of not just the commuter
According to the IMF’s October update of its World Economic Outlook, China’s economy will grow 5% in 2023, a decrease from an earlier forecast of 5.2%. Future Publishing | Future Publishing | Getty Images China’s old economic model of relying on investments in real estate has “run its course” and the government needs to consider
A house for sale in Arlington, Virginia, in July of 2023. Saul Loeb | AFP | Getty Images The average rate on the 30-year fixed mortgage rose to the highest level since 2000 last week, but rates on adjustable-rate mortgages fell. That caused a run on these so-called ARMs, pushing total mortgage application volume very
A Soho loft owned by art consultant and former Chelsea gallerist Sara Tecchia is back on the market for $11.6 million — a 50% price slash from its original $23.25 million in 2015. Tecchia bought the three-bedroom, 3½-bath home at 50 Wooster St. for $7.45 million in 2010. “In my Chelsea gallery, Sara Tecchia Roma New
New homes under construction in Miami, Florida, Sept. 22, 2023. Joe Raedle | Getty Images Top real estate and banking officials are calling on the Federal Reserve to stop raising interest rates as the industry suffers through surging housing costs and a “historic shortage” of available homes for sale. In a letter Monday addressed to
In this article 2007-HK Follow your favorite stocksCREATE FREE ACCOUNT Signage at a residential project developed by Country Garden Holdings Co. in Baoding, Hebei province, China, on Tuesday, Aug. 1, 2023. Bloomberg | Bloomberg | Getty Images Chinese real estate developer Country Garden Holdings said it expects it will not be able to make all
As Napa Valley wineries busy themselves, bringing their famous grape harvest to the crush pads, several new homes in this prime California wine country have entered the market. Specifically, that’s 20 fully furnished, two-bedroom, 2.5-bath homes, which make up The Villas at Stanly Ranch Residences, Auberge Resorts Collection. The sales push for the Villas follows
A recently closed UK academy is looking for applicants seeking not an education, but an enormous new property. Following the fresh closure of Abberley Hall School, its grounds and buildings are now available for purchase, the price available upon application, Mansion Global first reported. Located in Worcester, the approximately 93-acre estate includes an array of
A Harlem townhouse with a “Scandinavian farmhouse” vibe has been price-slashed by $1 million. The three-story home, known as Harlem House, is owned by ’90s Swedish indie pop star Nina Persson, lead singer/lyricist of the Cardigans, and her husband, Nathan Larson, an American songwriter of alternative rock band Shudder to Think. The Cardigans’ superhit “Lovefool”
Symbotic technology in use at a Walmart facility. Courtesy: Walmart Venture-capital giant Softbank notched a $15 billion-plus gain on its 2016 deal to buy Arm Holdings when the artificial intelligence-enabling semiconductor firm went public last month. But not as many investors know about Softbank’s “other” big AI investment, Wilmington, Mass.-based software and robotics maker Symbotic,
A customer inspects a Tesla Motors Inc. Powerwall unit inside a home. Ian Thomas Jansen-Lonnquist | Bloomberg | Getty Images After a summer of extreme weather and wildfires and now during the peak of hurricane season, the power going out again is becoming familiar to more Americans. That means it may be a good time
No timber-clad tower has ever reached so high. Down Under, a cloud-scraping pillar of a building has received the go-ahead from local authorities in Western Australia. If completed, the structure on South Perth’s Charles Street will be the tallest wooden building in the world. On Thursday, Perth’s Metro Inner-South Joint Development Assessment Panel gave Grange
Guests attend a pool party in the penthouse apartment at the 50 United Nations Plaza building in New York. Michael Nagle | Bloomberg | Getty Images A shortage of luxury apartments in Manhattan is causing a surge in prices at the top of the market, even as broader apartment sales and prices come under pressure
Barbara Walters admirers will soon have a chance to own a piece of the late broadcast journalist’s legacy. Later this month and into early November, more than 300 items from the television icon’s Upper East Side apartment will be up for auction. Later this month and into early November, more than 300 items from Barbara
Former US President Donald Trump sits inside the courtroom for the third day of his civil fraud trial in New York on October 4, 2023. Angela Weiss | AFP | Getty Images Lawyers for Donald Trump may ask a New York appeals court to pause his ongoing $250 million business fraud trial and stay a
A house is for sale in Arlington, Virginia, July 13, 2023. Saul Loeb | AFP | Getty Images Mortgage rates just continue to climb higher, taking a particularly big leap last week. As a result, total mortgage demand fell 6% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The
May 22, 2011, began as a beautiful day in Joplin, Missouri. Families and friends gathered outside. Suddenly, the sky changed. Troy Bolander, who grew up in nearby Kansas, noticed the clouds beginning to swirl. He began to prepare his crawl space. Ann Leach, a life coach, was also at home. Tornado sirens blared. Ann took
An Australian estate that the “Wolverine” star Hugh Jackman and his now-former wife once rented will soon be for sale for a cool $40 million. A palatial property in Woollahra, a suburb of Sydney, is set to hit the market in the near future, according to the Wentworth Courier. Among its past residents are Hugh
Prospective buyers attend an open house at a home for sale in Larchmont, New York, on Jan. 22, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images As high home prices and interest rates push up monthly mortgage payments, it’s harder for many consumers to even get a mortgage in the first place. Last year, lenders
Former U.S. President Donald Trump appears in the courtroom with his lawyers for his civil fraud trial at New York State Supreme Court on October 03, 2023 in New York City. Seth Wenig | Getty Images Former President Donald Trump on Wednesday returned to court for the third day of his $250 million business fraud
Ryan Ratliff, center, real estate sales associate with Re/Max Advance Realty, shows Ryan Paredes, left, and Ariadna Paredes a home for sale in Cutler Bay, Florida, on April 20, 2023. Joe Raedle | Getty Images The average rate on the popular 30-year fixed mortgage rose to 7.72% on Tuesday, according to Mortgage News Daily. Mortgage
When Brittny Drye, the founder of the LGBTQ+ wedding magazine Love Inc., was in search of a locale last year to celebrate her publication’s print debut, she knew she needed a space that would resonate with her guests. “We’re a non-traditional wedding magazine and wanted a location that matched our distinctive style,” she said. Her
Vehicles travel along a highway past commercial and residential buildings in Tokyo, Japan, on Wednesday, Feb. 8, 2023. Bloomberg | Bloomberg | Getty Images Foreign investments into Japan’s real estate sector have been flourishing in the past year, buoyed by a weak Japanese yen as the country’s central bank maintains its ultra-loose monetary policy. “It
Former US President Donald Trump speaks to members of the media while arriving for the second day of his civil fraud trial in New York on October 3, 2023. Kena Betancur | AFP | Getty Images Former President Donald Trump on Tuesday blasted New York Attorney General Letitia James as he headed into court for
An aerial view of construction sites and new residential developments in the Nanchuan area of Xining, Qinghai province, China. Bloomberg | Bloomberg | Getty Images Shares of embattled Chinese property giant Evergrande surged Tuesday after it resumed trading in Hong Kong. The stock rose 20.31% after briefly touching 46 Hong Kong cents shortly after the open. Shares have been
It’s not work from home, it’s work from weird. Construction has just been completed on a $250 million project that transforms the167-year-old Domino Sugar Refinery on the Williamsburg waterfront into what has to be the city’s — if not the world’s — most unlikely, strangely enchanting venue from to which to earn a living or
Former President Donald Trump, right, sits in the courtroom at New York Supreme Court, Monday, Oct. 2, 2023, in New York. Seth Wenig | AP The $250 million civil fraud trial that could see former President Donald Trump permanently banned from doing business in New York began Monday. The trial comes a year after New
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