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
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments
File photo Patrick T. Fallon | Bloomberg | Getty Images Mortgage demand is now heavily skewed toward refinancing, as interest rates declined for the fifth straight week. Total mortgage application volume rose just 1.6% last week, compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate
0 Comments
Online retailer Fashion Nova just got a spiffy new California headquarters, the company announced by email this week.  Richard Saghian, founder and CEO of the fast fashion company, bought this 175,000-square-foot building in Beverly Hills in an off-market, all-cash deal from real estate corporation Tishman Speyer, The Post has learned.  The Real Deal reported that
0 Comments
Rupert Murdoch, chairman emeritus of media empire News Corp. Axelle/bauer-griffin | Filmmagic | Getty Images LONDON — Rupert Murdoch-owned REA Group said Monday it is contemplating a takeover offer for U.K. property portal Rightmove in a bid to create a global digital real estate business. The Australian property listings company, which is controlled by Murdoch’s
0 Comments
Vm | E+ | Getty Images Owning isn’t always what it’s cracked up to be. For many reasons — including affordability — more Americans are choosing to rent everything from cars and apartments to clothing and furniture these days, according to a report by Intuit Credit Karma. Far beyond the traditional tuxedo, the rental industry
0 Comments
It’s London calling for these minted Americans. Cashed-up expats are increasingly investing in London’s luxury real estate market, according to a new report from Bloomberg, with sales doubling in just six months. A strong dollar plus various social and political problems plaguing the United States have our citizens scouring the British capital to snap up
0 Comments
Tech entrepreneur and influencer Alfonso Cobo, the co-founder of Unfold and Hypelist, is about to put his gut-renovated Tribeca loft on the market for $6.99 million.  The exquisite duplex is at 415 Washington St., better known as the Fairchild. It comes with two terraces, a fireplace, dramatic 21-foot-high ceilings and double-height arched windows. Tech entrepreneur
0 Comments
Mortgage rates fell last week for the fourth straight week, but neither current homeowners nor homebuyers seemed particularly impressed. Total mortgage application volume rose just 0.5% last week compared to the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances
0 Comments
An enormous custom estate is now up for auction in southern New Jersey — and although it cost its creators some $27 million to build, the reserve price is just $10 million.  Located a 30-minute drive from Philadelphia, straddling the border of two townships — Moorestown and Cinnaminson — the approximately 40,000-square-foot compound is currently
0 Comments
A recent CreditNews Research study ranked the slowest-selling metro areas in the U.S. The Good Brigade | Digitalvision | Getty Images Even as mortgage interest rates were rising, home prices reached the highest level ever on the S&P CoreLogic Case-Shiller U.S. National Home Price Index. On a three-month running average ended in June, prices nationally
0 Comments