The new owner of Michael Jordan’s former Chicago-area mansion is now renting the property for $230,000 per month. Realtor.com reports the property’s owner – John Cooper, a partner at the real estate company HAN Capital – initially planned to create a luxury timeshare...
The union representing the employees at the US Department of Housing and Urban Development (HUD) claims the agency is planning to layoff half of its 9,600-member workforce. Bloomberg Law reports that Antonio Gaines, president of AFGE National Council 222, said the...
A New York City real estate executive was indicted for his part in a scheme to steal $30 million intended for a real estate investment. According to the allegations in the indictment, Kevin Feng Gao used an unauthorized bank account in the name of a company that...
A Manhattan office building has been listed for $28 million, but there’s a catch – the property owner will only sell it to a buyer who pays in cryptocurrency. Bisnow.com reports Okada & Co. acquired 111 West 24th Street in 2021 for $16 million. The following year,...
Tennessee Gov. Bill Lee has signed a bill that will provide a 130% refund of property taxes to homeowners whose residences were either damaged or destroyed by Hurricane Helene. WSMV.com reports the legislation was unanimously passed by both the Tennessee House and...