If You’re Staying At Home, It’s Time To Redecorate—Here’s How
Staying at home during the coronavirus pandemic? You’ve probably noticed it’s time to redecorate. …
Former Dodgers manager Joe Torre sells charming New York lake house
Baseball Hall of Famer Joe Torre just sold his New York lake house for $983,000, or $117,000 shy of what he paid for it in 2006. …
Max Azria-designed Morrocan spread lists in Beverly Hills
In Beverly Hills, a Moroccan-inspired home designed by late fashion icon Max Azria is for sale at $5.195 million. …
“Kicking the can down the road”: Real estate industry says $2T relief plan doesn’t do enough
For much of the real estate industry, the $2 trillion stimulus package President Trump signed into law to bolster the economy doesn’t do enough. The plan offers limited relief to real estate, industry pros said, though…
EB-5 is back in the doghouse
EB-5 was left out of Congress’s $2 trillion federal stimulus package bill, crushing developers’ hopes of getting cheap financing as real estate deals come to a halt. The federal program that allows foreign investors the ability…
Extell’s Israeli bonds put on downgrade watch
Another New York real estate developer is attracting concerned looks from the Israeli bond market, as the coronavirus epidemic has brought construction and sales in the city to a near halt. A week after Related Companies’…
Every Homeowner Should Avoid These 5 Costly Mortgage Refinancing Mistakes
Are you at risk of making these refinancing mistakes? …
Watch tonight: (Work from) home lending on TRD Talks Live
As April 1 draws near and multifamily owners await rent, residential lenders are gearing up to deal with missed payments. With the economy on a coronavirus-induced rollercoaster, the Federal Reserve cut interest rates dramatically and mortgage…
San Francisco’s Oceanwide Center has a new buyer
China Oceanwide’s deal to sell its flagship San Francisco development for $1 billion has fallen through following coronavirus-related delays. But a new buyer has already emerged. Beijing-based private equity firm Hony Capital has signed a framework…
Celtics’ Gordon Hayward sheds Rancho Santa Fe estate for $3.9 million
Boston Celtics all-star Gordon Hayward has sold his home in Rancho Santa Fe for $3.9 million. …
Macy’s announces furloughs for “majority” of its workers
Macy’s Inc. will be furloughing most of its employees, starting this week, as Covid-19 continues to batter businesses large and small. All of the retailer’s stores have been closed since March 18. Macy’s on Monday said…
MedMen’s Andrew Modlin sells WeHo home to YouTuber Emma Chamberlain
In West Hollywood, MedMen co-founder Andrew Modlin has sold his contemporary home to YouTube star Emma Chamberlain for $3.9 million. …
Brooklyn’s luxury resi market sees deals plummet
Activity plummeted for the second straight week in Brooklyn’s luxury residential market as the coronavirus continues to wreak havoc on the nation’s economy and real estate. A six-bedroom townhouse at 81 Pierrepont Street in Brooklyn Heights…
Working From Home? Tips For Creating A Home Office That Promotes Health, Comfort And Creativity
Millions of Americans are ‘working remotely.’ Here are some tips for creating work and study spots that promote focus and clear-headedness, while still unmistakably feeling like part of your home. …
US will see $20B in retail loans come due starting this week
April 1 is looming large for businesses and individuals across the country, as it marks the first major due date for expenses like rent, utilities and credit cards since governments imposed severe new restrictions over the…
Redfin sells $110M stake to VC firm
Redfin just got a $110 million shot in the arm from an influential backer, as the discount brokerage looks to ride out economic turmoil caused by coronavirus. The Seattle-based brokerage said Monday that Durable Capital, a…
WeWork lays off 250 more employees, but Covid-19 isn’t reason
WeWork laid off 250 more people on Thursday, but the decision was not made because of the coronavirus. The beleaguered co-working giant cut the jobs in its development department, according to Bloomberg. WeWork was trying to…
HUBBNYC buys Williamsburg mixed-use building for $84M
HUBBNYC is buying a 136-unit mixed-use building in Williamsburg for about $83.8 million. The company is purchasing 123 Hope Street from Adam America Real Estate Group, according to Prince Realty Advisors founder David E. Ash, who…
Luxury contract signings plunge after brokers ordered to stay home
If the real estate industry needed any more proof of the shattering effect of the coronavirus, a tally of last week’s luxury contract signings leaves little room for doubt. There were just two properties above $4…
Watch Out For The “Corona Clause” Being Added To Real Estate Contracts
Around the country, real estate associations have quickly adapted to the pandemic with “corona clauses”. …
