Myth Busted: San Francisco Is More Affordable Than Middle America
The concept of an affordable Heartland is no longer valid, but we have a responsibility (and opportunity) to fix these issues before they spiral further out of control. …
Real Estate Is The Backbone Of Corporate Social Responsibility
It is not simply the financial savings or shareholder benefits that should drive development, but the long-term value created in establishing community sustainability and community prosperity. …
CoStar sees net income jump 32% in year marked by acquisitions
CoStar Group reported $315 million in net income in 2019, following a year of acquisitions and the conclusion of a protracted legal fight. The real estate data firm said Tuesday that it generated $1.4 billion revenue…
Being Bloomberg’s Landlord Pays Dividends, Literally
Shares in ALX now traded at 15.8x P/FFO, compared to the 5-year average P/FFO of 18.5x. For hungry income investors, consider the fact that ALX’s dividend yield is an enticing 5.9%. …
She Scoured the New Jersey Waterfront on a Budget. Which Home Would You Choose?
Disappointed with the options in Brooklyn, a returning New Yorker found what she was looking for across the Hudson River….
Squash Courts Are The New Must-Have Amenity In New York City Buildings
New developments in New York City have been incorporating all matter of amenities in order to stand out in the recent construction boom. …
Mindy Kaling buys Frank Sinatra’s Malibu beach house for $9.55 million
On Malibu’s Broad Beach, comedian-actress Mindy Kaling has shelled out $9.55 million for the stylish home of Frank and Barbara Sinatra. …
Pirate vibes and a secret hatch: Dale Earnhardt Jr. lists custom Florida home
NASCAR driver Dale Earnhardt Jr. is asking $3.7 million for his custom Florida home with a pirate-themed kitchen and hidden hatch door. …
Compass adds first independent director to board
Under SoftBank’s eye, Compass has added an independent director to its board. Pamela Thomas-Graham, a banking, fashion and media executive, will be the first independent director and first woman on the board, the brokerage announced. She…
What Is A Seller Concession And How Asking For One Can Help You Buy A Home
Fortunately for buyers who are short on funds, you may be able to get a little help at the closing table in the form of a seller concession. …
Ilan Bracha sells Keller Williams NYC
Ilan Bracha has left the building. The cofounder of Keller Williams NYC sold the struggling Manhattan brokerage, capping several tumultuous years filled with agent defections, a revolving door of leaders and a $2 million lawsuit over…
Eviction bill could stop condo, co-op owners from booting tenants
The re-emergence of the good cause eviction bill this month already had New York landlords worried. But now some real estate attorneys are sounding the alarm on what they call a major threat to condo and…
Council drives another nail in coffin of Olnick’s Lenox Terrace project
The City Council will soon find out if the Olnick Organization’s backup plan for its Lenox Terrace expansion was just a bluff. The landlord’s odds of getting approval for its proposed 1,600-unit development in Harlem dwindled…
NYCHA hit with class action alleging “deplorable” conditions
A class action lawsuit against the New York City Housing Authority accuses the beleaguered agency of creating “deplorable” living conditions for its roughly 400,000 tenants across the five boroughs. The law firm Berg & Androphy filed…
‘Grey’s Anatomy’ actress Kim Raver sells Venice home
‘Grey’s Anatomy’ star Kim Raver and her husband, director Manu Boyer, have sold their Venice home for $2.7 million. …
Full-floor Sherry-Netherland pad relists — nearly half its 2015 ask
A full-floor home at the iconic Upper East Side hotel and co-op, the Sherry-Netherland, is back on the market with another price chop, as Manhattan’s luxury sales market slump continues. The owner of the mezzanine level…
What the candidates said about housing issues at Democratic debate
In an otherwise bizarre Democratic debate that devolved into a discussion of “personal mottos,” candidates answered a rare question on how they plan to address housing affordability. Though each of the candidates on the debate stage…
Six Essential Negotiation Strategies That Can Save Time, Stress And Money When Selling Your Home
Simple values like transparency, courtesy and helpfulness go a long way – and can be your best negotiating tools. …
Charlton Heston’s longtime Midcentury compound seeks $14.9 million in Beverly Hills
In the Beverly Hills Post Office area, a massive Midcentury compound owned by Charlton Heston for nearly 50 years is on the market for $14.9 million. …
New Home Sales Spike — But Homebuilders Still Need To Step It Up
New home sales surged last month, but builders still have a lot of work to do if they’re going to meet the demands of average Americans. …
