Jeff Greenberg | Universal Images Group | Getty Images Mortgage rates moved markedly higher last week, causing overall mortgage demand to drop. Total application volume fell 0.7% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. That was the first decline in five weeks. The average contract interest rate for
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There were some shifts in the rankings for America’s hottest real estate markets for higher-end vacation homes this year compared to last, and the top spot this year saw a meteoric rise in popularity. A fresh analysis from second-home co-ownership marketplace Pacaso revealed which U.S. counties were the hottest markets for luxury vacation homes in 2024, based on increases
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Miami Heat star Jimmy Butler is living large, shelling out over $70,000 a month to rent a sprawling waterfront mansion on Miami Beach’s exclusive Hibiscus Island, sources told the Real Deal. The six-time NBA All-Star, whose name has been swirling in trade rumors, has temporarily moved into the 8,500-square-foot property. The five-bedroom estate boasts ocean
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Nestled on one of New York City’s most picturesque blocks, Bob Dylan’s former residence at 242 E. 49th St. is up for grabs at $7.25 million. This five-story Turtle Bay Gardens townhouse boasts a rich history of celebrity tenants, including Hollywood royalty, Broadway legends and Dylan — one of America’s most iconic musicians — according
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The official residence of the US ambassador in Athens, Greece, commonly referred to as the Jefferson House, serves as both the ambassador’s home and a venue for diplomatic events. The exterior of the residence in Athens, Greece, where the US Ambassador resides. Athens College And it will soon be home to former Fox News personality,
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Tal Alexander (L) and Oren Alexander (R). Getty Images Federal prosecutors accused top real estate agents Tal and Oren Alexander and their brother, Alon, of drugging and raping “dozens of victims” over more than a decade. The brothers were arrested in Miami Wednesday on sex trafficking charges related to the alleged assaults. They face charges of
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From 2020 bust to 2024 boom. Manhattan’s office market mounted a stirring recovery from its pandemic doldrums, with space so tight that tenants wanting to move or expand are out of luck. Companies such as Singapore-based sovereign wealth fund Temasek, which has 27,000 square feet at the Seagram Building at 375 Park Ave., wanted to grow
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The American mall isn’t dying — it’s evolving. Once the epicenter of suburban life, these sprawling shopping centers are now being transformed into mixed-use hubs, combining housing, retail and entertainment in a bold bid to stay relevant in a changing world, reports CNBC. Developers are bulldozing empty department stores like Macy’s and JCPenney, trading the
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After the deadly collapse of a 12-story condominium tower in the Surfside suburb of Miami, Florida, in 2021, state lawmakers implemented new requirements for older condominiums. Buildings at least 30 years old, like the Champlain tower that fell, have to undergo special inspections, make repairs and gather reserve funds for future maintenance. The deadline is
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Grace Hightower, the actress and ex-wife of Robert De Niro, is ready to turn the page on another chapter of her life. Following the onetime couple’s high-profile 2018 split, Hightower has secured a buyer for the sprawling Central Park-facing co-op they shared in the Brentmore, a storied Upper West Side address once home to celebrities
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Macy’s longtime Brooklyn home could soon become a showplace for “experiential entertainment retail” for companies like Netflix, Universal and Lego, according to the leader of a partnership that just purchased the four-story, 440,000 square-foot property at 422 Fulton Street. Albert Laboz, founder and chief executive of United American Land, said, “Everything is on the table”
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Lizzy Caplan, best known for her role as Janis Ian in the still-famous film “Mean Girls,” has listed her Los Angeles home for $2.85 million. The 1961-built property is a shining example of midcentury-modern architecture Made up of three bedrooms and two baths, the 2,000-plus-square-foot residence offers sweeping views and an eye-catching design. Lizzy Caplan.
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Printemps, the French luxury department store, will open its first US location in March, One Wall Street developer Harry Macklowe says. The eagerly awaited launch – previously reported as happening in the spring — might be the most momentous debut ever in the retail-deprived FiDi neighborhood. French luxury department store Printemps will open its first
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