Real Estate

Manhattan real-estate suffered its worst year since the housing crash of 2009, as tax changes, stock-market turmoil and jittery foreign buyers hurt sales in 2018. Home sales in Manhattan fell 14 percent last year, the industry’s steepest drop since 2009, according to a report from Manhattan real estate companies Douglas Elliman and Miller Samuel. In

At the Bauhaus, the art and architecture school founded by Walter Gropius, the simplified, low-slung forms of modernism took root. In Dessau, Germany, the site will be 100 years old in 2019.Getty It depends on whom you ask. Millennials or Generation Z members emphatically state their preferences for Atomic Ranches, kidney-shaped swimming pools, interiors a

Brooklyn price records before Matt Damon came to town include two townhouses that each sold for $15.5 million. (Photo by Evan Agostini/Invision/AP) photocredit: Evan Agostini/Invision/AP Eighteen months after going under contract for the penthouse in the Standish building, Matt Damon has closed the deal and become the newest title holder of most expensive sale in Brooklyn,

On Christmas Eve, Cory Binsfield, a landlord in Duluth, Minnesota, received bad news from a couple of his tenants: their rent will be late. Normally, Binsfield dings tenants who are more than five days behind with an 8 percent late fee and if he doesn’t see their payment for two weeks, the lawyers get called.

Silversands Hotel in GrenadaSilversands Following the devastating effects from Hurricanes Irma and Maria in 2017 that heavily damaged 30% of the islands in the Caribbean, there is a remarkable comeback underway. Many previously affected properties have now opened and a large slate of new developments and resorts are planned to launch in 2019 and 2020.  I spoke with several

The warehouse sector is booming as online shopping, particularly during the holiday season, boosts the amount of items returned to retailers every year. Warehouses have experienced surging demand since 2012 as e-commerce continues to grow. Construction in the sector is thriving. Now, “reverse logistics,” a fancy term for dealing with e-commerce returns, is the No.

Forbes Media Library No other economic report gets more attention, is more closely watched, analyzed, dismissed, cited as a barometer or has a bigger impact on mortgage interest rates than the Employment Report. I have been in front of a TV at 8:30 in the morning on the first Friday of almost every month for

Mortgage interest rates fell to the lowest level in four months, but that did nothing to spark activity in the mortgage market. Total mortgage application volume dropped 9.8 percent at the end of last week from two weeks earlier, according to the Mortgage Bankers Association’s seasonally adjusted index. The results included an adjustment for the

Share to facebook Share to twitter Share to linkedin The most expensive sale of 2018 for Greenwich, CT was this Georgian mansionSotheby’s International Realty A home that had originally come on the market for $35 million over two years ago sold at the tail end of 2018 for $17.5 million, making it the highest priced

Asking prices for homes are finally coming down as sellers face the new reality: interest rates are higher than they were a year ago, and potential buyers are now worried about the economy. It’s beginning to look more like a buyer’s market, according to a new report. Home prices, while still higher than a year

Playa Vista Isle set price records for a house selling at auction in the U.S.Concierge Auctions One of America’s most talked about homes has finally closed the latest chapter of its selling history. Playa Vista Isle, previously known as Le Palais Royal , was a two-parcel listing asking as high as $159 million. After no buyers came forward, it eventually

Sylvana Ward-Durrett, CEO of MaisonetteCourtesy of Maisonette Never mind The Devil Wears Prada gossip. Working with Vogue’s Anna Wintour is a fantastic training ground—long hours, fashion contacts, brand expertise, exceptional work. High-profile professional success typically comes at a high cost—less family time. To that, two ex-Vogue momtrepreneurs say B.S.! Well, they might if weren’t so

There may be another bear market under way – in New York City real estate. For much of 2018, housing in the Big Apple has been entrenched in a buyer’s market, where prospective homeowners are able to extract lower prices from those looking to sell. A new report from Warburg Realty underscores just how deep

Investors can start finding some buying opportunities in the market — as long as they have a strong stomach, Bespoke Investment Group co-founder Paul Hickey told CNBC. He still sees volatility in the weeks or months ahead and thinks the market has yet to hit bottom. However, conditions in the recent sell-offs seemed to yield

The brick houses of Acorn Street in Boston, Massachusetts, are trimmed with brownstone.Getty Not everyone loves it. Author Edith Wharton called it “the most hideous stone.” New York’s Buildings Department once heard the complaint that it was “as if New York City were covered in cold chocolate.”Vincent Scully, professor emeritus of the history of art at

Answers to common mortgage questions(c) Canstockphoto / 3dfoto Quora is a popular internet site that invites users to pose questions on any topic. Quora refers the questions to experts in various fields who have volunteered their services. I am one of them, and the questions arrive daily. I had not been doing this for very

Sears is expected to close another round of stores early next year, as the bankrupt department store chain now tries to stay afloat via a $4.4 billion bid from its chairman, Eddie Lampert. Sears told its employees earlier this week that 80 Sears and Kmart locations across the U.S. will shut by March, with liquidation

Ye Olde Mitre pub and coaching inne dating from the early 1600s located in High Barnet, north London, England, December 27, 2018. (Photo credit: RL Aitken).RL Aitken British pubs are closing their doors. But while the number of pubs across the nation since 2000 has fallen by 17% (10,500) and closures were two a day in the second

Beside their Greek Revival mansion outside of Nashville, Tennessee is the tomb of Andrew and Rachel Jackson.The Hermitage Visiting the homes of famous Americans has been a favorite American pastime since before the advent of the automobile. However, cars made these pilgrimages a lot easier, and for many children, summer vacation meant a road trip

GettyGetty Choosing the right multifamily loan option can be daunting. The tidal wave of information available to us every time we touch our phones is intimidating, to say the least. Even the savviest real estate investors are cognizant of the fact that they don’t know all their options. The biggest shops in the world hire

Jeff Fishman, founder JSF Financial, a financial planning and investment management firm in Los AngelesJSF Financial The Tax Cuts and Jobs Act, the only big piece of legislation passed by President Donald Trump, was enacted last December, but tax year 2018 is when a lot of the provisions go into effect. It’s been called the

Lauryn Evarts at home.Lauryn Evarts Bedrooms aren’t just spaces for sleeping. They’re so much more than that. A bedroom should feel like a retreat to restore both the body and mind. I interviewed a range of successful influencers and entrepreneurs about the most intimate rooms in their homes. They generously shared not just what these spaces looked like,

Crystal City where search traffic spiked with Amazon HQ2 announcement: Andrew Harrer/Bloomberg photo credit:© 2018 Bloomberg Finance LP Trulia.com, the online real estate site recently looked at the real-time impact of Amazon’s HQ2 recent November 3rd announcement selecting Crystal City, Virginia as one of its sites. Cheryl Young, Trulia’s chief economist, looked at the numbers

Each new housing data point is worse than the last, and they are prompting a leading industry analyst to say the market is in a correction. Single-family housing starts fell more than 13 percent year-over-year, according to the U.S. Census. Building permits, an indicator of future construction, were down nearly 2 percent. This followed a

2019 class new calendar year greetingGetty At the start of December, I chaired a PropTech event for Women in Property. Five game-changing startups presented their disruptive solutions for the CRE space to a rapt audience. Needless to say, I had to cut questions short, every time! However, I made sure to ask each speaker one

Surging demand and strong occupancy in the nation’s apartment market is “surprising” experts who say the continued strength is “unexpected.” Just a year ago, as dozens of cranes swarmed over major U.S. cities, there was concern that the rental apartment market was overheated and overbuilt. Apartment absorption, which is the rate at which new units

A partial government shutdown looks probable as President Donald Trump digs in his heels on his demand to fund a border wall. Congress has until midnight Friday to either pass spending bills for seven federal agencies, or approve a stopgap spending measure that would push off a potential shutdown. If those efforts fail, the closure

Developer Replay Destinations has announced the launch of a world-class Caribbean resort called Half Moon Bay Antigua.Half Moon Bay Antigua One world-class Caribbean setting is going to become even more unrivaled starting in summer 2019. That’s when Half Moon Bay Antigua, a low-density, 132-acre resort, is slated to begin construction in Antigua, the favorite vacation

Dustin DeVan and BuildingConnected are joining Autodesk for $275 million.Gary Sexton Autodesk’s construction software business is getting its second acquisition-fueled jolt of the past few weeks. The company announced on Thursday that it is acquiring startup BuildingConnected for $275 million. The acquisition of BuildingConnected comes exactly one month after Autodesk announced plans to acquire PlanGrid,

The new Bravo limited-run TV series “Dirty John” is based on the popular true crime podcast of the same name about a real-life California woman who falls in love with a violent alleged con man. With no visible means of support or home of his own, John Meehan (played by Eric Bana) still manages to