US mortgage rates hit 3-year low
Mortgage rates have hit their lowest level in more than three years, which could provide a boost to the country’s housing market heading into spring. The 30-year fixed-rate average fell to 3.45 percent, according to…
WeWork’s Marcelo Claure promises profitability, talks SoftBank shakeup
Marcelo Claure said WeWork’s new plan for profitability makes the firm a good investment for SoftBank, but investors still have questions. During an interview with Andrew Ross Sorkin on CNBC, Claure spoke about the beleaguered…
Rockrose plans a $100M resi tower in LIC
Rockrose is planning a new residential project in Long Island City. The company, run by father and son Henry and Justin Elghanayan, has bought a cab service and dispatch station at 27-34 Jackson Avenue, where…
NYC’s 10 biggest new real estate projects
New York’s life-sciences sector got a major boost last month. A roughly 418,000-square-foot building from NYC Health + Hospitals in Manhattan’s Alexandria Center for Life Science was the largest project filed in January — by…
$750,000 Homes in California
A traditional ranch-style house in the San Fernando Valley, a 1965 cottage on the Russian River and a two-bedroom condominium in San Francisco. …
Simon is buying Taubman Centers
Simon Property Group, the country’s largest mall owner, is buying Taubman Centers, the smaller rival that it’s had its eye on for nearly two decades. The two companies announced Monday they had reached an agreement…
NYC pol aims to curb Amazon-style warehouses
Politicians’ fight against Amazon is not over. The e-commerce giant’s bid to build a Queens campus died a year ago, but warehouse projects have proliferated as e-commerce companies seek infrastructure to speed deliveries. And one…
Recession-Resilient Investments: Betting Against The Stock Market
Now is the optimal point to begin your review of strategies to recession-proof your portfolio through diversification and reallocation. …
How Real Estate Agents Can Build Better Communities
The successful real estate agent not only advocates for their clients, but as an engaged member of the town, benefits all residents by making their city a better place to live, work, play and invest….
Sizing up Manhattan’s condo crunch following a decade of boom and bust
It was set to be the tallest condo tower in Lower Manhattan, capped with a ring of golden bands that arched toward the sky. But as the new year arrived, with the high-end condo market…
Community banks put on brave face after rent-reg market woes
For years, New York’s community banks have been go-to lenders for rent-regulated housing. Now they’re straining to convince investors that they have minimal exposure to the city’s multifamily market — though balance sheets and industry…
The Cream Rises To The Top: 3 High-Quality REITs On Sale
The majority of your portfolio should be filled with high-quality stocks, including high-quality REITs. That’s the main premise of this article, and the stocks you’ll find below are nothing less. …
Shopping for Accessory Storage
Treasured jewelry and accessories deserve safekeeping. Don’t just dump them all in a bag. …
Assel Baimakhan On Interior Design: ‘Taste Is Not Cultural Or Gendered’
We connected with award-winning interior designer Assel Baimakhan to discuss how trend-watching is a dying art-form and how fashion moves from the runways into the hallways and driveways. …
Protests, viral videos and pilaf: A legendary NYC eatery’s bizarre real estate battle
A dispute over one rent at one New York’s most eclectic eateries has boiled over – fights, 911 calls and all. For seven years, Saeed Pourkay ran his Persian takeout counter Taste of Persia NYC…
LOL this $100K parking spot is the cheapest real estate in San Francisco
A hundred grand will get you a house in some parts of the country. In San Francisco, it might get you a parking spot in a decent neighborhood. Parking spot no. 140 at the 88…
Check out Gary Barnett’s “Adult treehouse” at One Manhattan Square
Extell Development is making headway with One Manhattan Square’s 45,000-square-foot “urban oasis” outdoor amenity pedestal, including what it calls an “adult tree house.” Along with erecting the treehouse — a small wooden house on stilts…
Elon Musk teases possibility of a Texas gigafactory
Tesla CEO Elon Musk put out the possibility of a Tesla “gigafactory” production facility in Texas this week. Musk polled Twitter users with a two-word question: “Giga Texas?” and has received hundreds of thousands of…
How Chinese developers are exposed to Coronavirus
China’s coronavirus outbreak is slowing down sales activity and putting pressure on domestic Chinese developers. If the outbreak extends, developers could be out billions of dollars in funding. Developers in the country tend to sell…
Millennials are ready to break the golden rule of home-buying
Add the 20-percent-down-payment rule to the list of norms millennials are tossing out the window. Around 70 percent of millennials said they would put down less than 20 percent of the price of a home…
