Featured Real Estate News
Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million
SL Green Realty Corp. (NYSE:SLG) and its joint venture partner, Jeff Sutton’s Wharton Properties, announced it has closed on the sale of New York City’s 690 Madison Avenue for $54.5 million. The property is a five-story, 7,850-square-foot commercial building located...
Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million
The property is a five-story, 7,850-square-foot commercial building located on the Upper East Side of Manhattan. Continue Reading Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million
Francis Ford Coppola Sells Private Island to Cover Losses from Flop Movie
Oscar-winning filmmaker Francis Ford Coppola has sold his private island in Belize to help pay off the debts he incurred on the box office flop of his epic production “Megalopolis.” According to The Hollywood Reporter, Coppola received $1.8 million for the sale of...
Report: Trump Wants His Name on New Commanders Stadium
President Trump is reportedly pressuring the Washington Commanders to name their planned $3.7 billon stadium in his honor. ESPN, citing coverage from “multiple sources with knowledge of the situation,” reports there has been “back-channel communications” between the...
Wendy’s to Close Hundreds of US Restaurants
The Wendy’s Company (NASDAQ: WEN) is planning to close hundreds of its US-based fast-food eateries to help steady the company’s financial strength. In an earnings call on Friday with financial analysts, Interim CEO Ken Cook said a “mid-single-digit percentage” of the...
News & Current Events
Mortgage Credit Availability at 3-Year High
“Credit availability in October rose to its highest level since 2022 as investors broadened their loan offerings over the month,” said MBA’s Joel Kan Continue Reading Mortgage Credit Availability at 3-Year High
Hits and Misses for the Real Estate Week of Nov. 3-7
Fewer first-time buyers in the housing market, the firing of the FHFA’s inspector general, and the comeback for a historic Salt Lake City theater. Continue Reading Hits and Misses for the Real Estate Week of Nov. 3-7
$37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
The three-acre estate features a 15,000-square-foot residence with seven bedrooms. Continue Reading $37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
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Megan Castleton Named Chief Credit Officer at Constructive Capital
Castleton was previously self-employed with her JWM Consulting Inc. firm. Continue Reading Megan Castleton Named Chief Credit Officer at Constructive Capital
The Evolution of Property Taxes in the United States: Origins, Purpose, and Reform Opportunities for Retirees
Publisher John G. Stevens observes that the need for property tax reform “is both urgent and attainable.” Continue Reading The Evolution of Property Taxes in the United States: Origins, Purpose, and Reform Opportunities for Retirees
Biden Commutes Prison Sentence for Construction Boss in Las Vegas HOA Takeover Scheme
The US Department of Justice said 39 individuals were sentenced to prison in connection with the scheme. Continue Reading Biden Commutes Prison Sentence for Construction Boss in Las Vegas HOA Takeover Scheme
NY Times Reporter Who Probed NAR: Our Reporting is ‘Excellent’
“I think our reporting is fair, it’s balanced, it’s honest, it’s excellent — I stand behind it,” she said. Continue Reading NY Times Reporter Who Probed NAR: Our Reporting is ‘Excellent’
Former Hartford Courant HQ Going Up for Auction
The property last changed hands in 2018 for $6.9 million. Continue Reading Former Hartford Courant HQ Going Up for Auction
Chicago Mayor Johnson Drops Property Tax Hike from Budget Plan
The mayor failed to gain a majority of support in the City Council. Continue Reading Chicago Mayor Johnson Drops Property Tax Hike from Budget Plan
Canadian Housing Minister Sean Fraser to Exit Trudeau Cabinet
Fraser was first elected as a Member of Parliament in 2015 when the Trudeau government took power. Continue Reading Canadian Housing Minister Sean Fraser to Exit Trudeau Cabinet
Trump Organization Reportedly Considering to Regaining Control of DC Hotel
The property was originally the Post Office Building, which opened in 1899. Continue Reading Trump Organization Reportedly Considering to Regaining Control of DC Hotel
New Platform Helps Buyers Choose Areas Based on Voting Results
Oyssey has rolled in South Florida and New York City this month. Continue Reading New Platform Helps Buyers Choose Areas Based on Voting Results