Real Estate

Chromotherapy saunas, like the one that will be offered in the new Arbor Eighteen condo in Brooklyn, use multi-colored lights to re-balance the body’s vitamin D level.Jacuzzi Real estate developers are in a never-ending race to offer the most futuristic and luxurious amenities in their residential buildings. State-of-the-art fitness centers and movie theater-style screening rooms
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Major Asian real estate developer CapitaLand said on Monday it has entered into an agreement to buy two wholly owned units from Ascendas-Singbridge, a subsidiary of Singapore state investment firm Temasek, in a cash and stock deal. If the deal is approved, the new entity would become Asia’s largest diversified real estate group, according to
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The once no-frills townhome has undergone dramatic makeovers and is finally ready for its close-up. Across the country, builders are rolling out luxury townhomes with increased square footage to emulate the space and feel of single-family detached homes. “There are plenty examples of townhouses being built as luxury homes,” says Robert Dietz, chief economist for
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The combination of lower mortgage rates and an unusually slow end to 2018 caused mortgage applications to surge to start this year. Overall volume jumped 23.5 percent last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. An adjustment was also made for the New Year’s Day holiday. Volume was
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In December 2018, Amazon made its long-awaited announcement of where its second headquarters location would be. Much to the competing cities’ surprise, the e-commerce giant chose to split “HQ2” between Long Island City, New York and Arlington, Virginia. Since the announcement, there’s been much speculation about the impact on the real estate and job markets
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The U.S. housing market has become so cloudy that Lennar says it can’t give investors guidance for 2019. The second biggest homebuilder in the country by market value, second only to D.R. Horton, reported strong fourth-quarter earnings on Wednesday, but the company could only scratch its head when it comes to the future. “Due to
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Almost all the furniture in this photo is part of the $2 million collectionConcierge Auctions “This term ‘play the market’. That verb is very dangerous,” says Peter Lynch, in his Forbes interview as one of the 100 Greatest Living Business Minds. He is speaking of stocks, naturally, as former portfolio manager of Fidelity Magellan Fund, but he could
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As the government shutdown drags into its 17th day, banks and credit unions are offering accommodations to federal workers who’ve seen their paychecks stop. Some 420,000 employees are considered “essential,” and are working without pay, while another 380,000 have been ordered to stay home, according to calculations provided to CNBC by Paul Light, a professor
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Reluctance to tiny homes shows Americans’ commitment to bigger is better.CustomMade In so many major markets across the country, leaders have their heads down, penciling solutions to the lack of affordable housing. They are changing zoning regulations and removing other hurdles that are making it difficult for developers to feasibly provide adequate, affordable housing for
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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
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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,
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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
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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.
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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
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