Owning a home with three or more bedrooms is a lot more difficult for young families these days than it used to be. Baby boomers with no kids at home now own twice the share […]
Shoppers rejoice, Big Apple retail not only survived the pandemic blues, it thrived unlike any other sector of the city’s commercial market. Owners that could lease for less money and shorter terms did so, and […]
The much-ballyhooed “flight to quality” was supposed to mean one thing: frill-less Class B office buildings are left in the lurch. But that’s not exactly true. While the biggest property owners are indeed spending fortunes […]
Las Vegas casino mogul Steve Wynn is having a tough time selling his multimillion-dollar homes across the United States. Wynn’s New York City pied-à-terre, a lavish Central Park South penthouse spanning nearly 11,000 square feet, […]
Rufus Wainwright — the acclaimed Canadian singer, songwriter and composer — is parting ways with his enchanting Laurel Canyon, Los Angeles residence. Known for his soul-stirring rendition of Leonard Cohen’s “Hallelujah,” Wainwright and his husband, […]
What is the owner of a Manhattan office tower to do in the age of work-from-home? Hotel or residential conversions are complex and costly. Building renovations that add amenities in hopes of luring top tenants […]
New York’s commercial market is being crushed under the weight of 20 million square feet of available office subleases. Until that space is absorbed by new tenants, the market can’t move forward, according to Ruth […]
In 2018, a catastrophic volcanic eruption turned Hawaii’s Puna District into a disaster zone, swallowing more than 700 homes and displacing thousands in a slow-motion calamity. Fast forward to today, and Puna is Hawaii’s fastest-growing […]
Those new, bold visions along the Brooklyn waterfront aren’t just luxury residential playgrounds. Despite record vacancies in Manhattan, developers are betting on prime office space that’s closer to the Kings County homes of the booming […]
The value of city buildings is sinking under the weight of high interest rates, crippling regulations and large vacancies caused by work-from-home and pandemic downsizing. Many properties are now worth no more than their debt, […]
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