Real Estate

Rents fell the most in Midtown Manhattan. getty New York City rents have fallen farther this year than they did during the Great Recession, according to a report released today by real estate listings site StreetEasy.  Manhattan rents fell 12.7%, compared to dropping 10% around the recession that started in 2008, with the median asking
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Although a second stimulus plan is still up in the air, the Federal Reserve is determined to push consumer borrowing costs even lower as the economic recovery takes hold — giving everyday Americans a reason to be optimistic. In addition to holding interest rates near zero, Fed Chairman Jerome Powell said Wednesday the central bank will continue
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Anne Hearst, a granddaughter of publishing tycoon William Randolph Hearst, and her husband, Jay … [+] McInerney, have paid about $10.726 million for a home in famed Malibu Colony. Hilton & Hyland Malibu’s one-mile beachfront stretch known as Malibu Colony has long been a bastion for Hollywood stars and business tycoons. Now, the coastal enclave
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The east side of the design for the renewal of Luther George Park located in downtown Springdale, … [+] Arkansas. Rendering by Eleven Visualisation; Courtesy of Trahan Architects Spackman Mossop Michaels and Trahan Architects revealed today their design for the renewal of Luther George Park located in downtown Springdale, Arkansas. The project was commissioned by
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Socially-distanced Santa: one Miami development has modified it’s annual holiday pop-up. Francisco Aguila With more people staying home for the holidays, some high-end residential developments are going all out on their holiday amenities, while making sure they’re safe and socially distanced. In New York City, for example, the luxury condo 50 West is creating its
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The angular design of the home creates an entertainment cove outdoors Jeremy Spann/Hilton & Hyland The place where comedian Jerry Seinfeld lived—or didn’t, depending how you look at it—during most of his years filming his famous sitcom has come back on the market with several adjoining parcels also available for sale. Seinfeld purchased the home
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KB Homes’ optional “Home Office Package,” available in homes throughout their footprint. Many … [+] builders are now offering such packages, and are finding strong demand. Photo Credit: Applied Photography The work-from-home trend is going to change the landscape. Literally. Homebuilders today are developing on land that would ordinarily be a “long commute,” and the
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Texas Gov. Greg Abbott told CNBC on Friday that the number of companies deciding to move their headquarters to the Lone Star State has accelerated due in part to the coronavirus pandemic. The Republican governor’s comments came shortly after it was reported that software giant Oracle is moving its corporate center from Redwood City, California,
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Donner Lake under the snow in winter, Truckee, Ca. getty With remote-work and distance learning becoming the norm across the country as the pandemic continues, it is not a shock to see people seeking refuge in resort communities like those in Truckee, Calif. Tahoe Mountain Realty, a luxury real estate brokerage located in Northstar and
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