A Hawaii man has pleaded guilty to a federal criminal charge for defrauding a 78-year-old in Orange County, California, out of nearly $2 million in a scheme involving the victim’s home and yacht. John Tamahere McCabe of Kailua, Hawaii, pleaded guilty on Thursday to...
New York City’s Public Advocate Jumaane Williams lost a two-family home he owned in Brooklyn after refusing to pay his mortgage for the last 15 years. The New York Post reports that Williams – who is first in line to succeed the city’s mayor – purchased the home with...
America’s newest city took root on Saturday at the South Texas home of Elon Musk’s SpaceX rocket company. The Associated Press reports a weekend vote of 212-6 resulted in the green light to organize the Starbase facility and launch site into the City of Starbase. Most...
The retailer Burlington Stores Inc. (NYSE: BURL) has signed a deal to take over the leases of 45 store locations that formerly housed the bankrupt craft company Jo-Ann. Burlington’s acquisition follows an expansion strategy by the company that saw the opening of 101...
Warren Buffett announced that he will retire as chief executive of Berkshire Hathaway (NYSE: BRK) at the end of the year. The Wall Street Journal reports the 94-year-old made the surprise announcement at the close of the company’s annual meeting in Omaha, Nebraska....
The too-high cost for homebuying, the effects of plumbing mishaps on household budgets, and an XL-sized lease in New York City’s office market. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 28-May 2. Miss: A Dent to...
Hits and Misses for the Real Estate Week of April 27-May 1
