Featured Real Estate News
$17.2 Million Listing for Penthouse Sets Record in Uruguay
A luxury penthouse in Uruguay’s seaside resort city of Punta del Este is being listed for $17.2 million, a new record high for that South American country’s housing market. Mansion Global reports the 17,500-square-foot condominium is based in Cipriana Punta del Este...
$17.2 Million Listing for Penthouse Sets Record in Uruguay
Edgardo Defortuna, CEO at Fortune International, who is leading sales for the project, observed, “This is a trophy property within a landmark development that introduces a level of design, hospitality and service that Punta del Este has never experienced before.” Continue Reading $17.2 Million Listing for Penthouse Sets Record in Uruguay
Boston Approves New Seaport District Hotel Across from Menino Center
DGH Hotel Partners JV LLC, a joint venture between Global Hospitality Investment Group and an unnamed global investment management firm, has received approval from the Boston Zoning Commission for a new hotel in the city’s Seaport District, across from the Thomas M....
Hits and Misses for the Real Estate Week of Feb. 16-20
A proposed property tax hike in New York City, a California lawmaker fighting for homeowner insurance rights, and a hotel executive forced out of his job because of a toxic friend. From the wild and wooly world of real estate, here are our Hits and Misses for the week...
Home Builders Renew Exemption Call on Building Materials as Trump Plans Global 10% Tariff
The National Association of Home Builders (NAHB) renewed its call to exempt building materials from his renewed tariff targeting after the Supreme Court voted 6-3 to reject President Trump’s expanded use of the International Emergency Economic Powers Act (IEEPA) for...
News & Current Events
Drop in Pennsylvania Home Sales and Prices Blamed on Severe Winter Weather
Last month, Pennsylvania home sales decreased to 4,560, down 45% from December and down nearly 36% year-over-year. Continue Reading Drop in Pennsylvania Home Sales and Prices Blamed on Severe Winter Weather
New York State Home Sales Declined 7.5% in January
The statewide median sales price rose 7.2% year-over-year to $445,000. Continue Reading New York State Home Sales Declined 7.5% in January
Senator Warren Leads Democrats in Accusing DOJ of ‘Corruption’ in Approving Compass-Anywhere Merger
“This decision raises questions about corruption under your watch and its impact on housing affordability for American families,” said the letter to Bondi. Continue Reading Senator Warren Leads Democrats in Accusing DOJ of ‘Corruption’ in Approving Compass-Anywhere Merger
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Denver to Stop Mailing Property Tax Statements
Homeowners will be able to make payments by mail, online, or in person. Continue Reading Denver to Stop Mailing Property Tax Statements
Trump Sparks Backlash Over Affordable Homeownership Comments
“We’re not going to destroy the value of their homes so that somebody that didn’t work very hard can buy a home,” said Trump. Continue Reading Trump Sparks Backlash Over Affordable Homeownership Comments
NYC Mayor Mamdani Backpedals on Promise to Expand Housing Voucher Program
He blamed the administration of his predecessor, Eric Adams, for his change in direction. Continue Reading NYC Mayor Mamdani Backpedals on Promise to Expand Housing Voucher Program
SBA Issues Guidance to Speed Rebuilding in LA Communities Destroyed by Wildfires
The SBA said residents can immediately begin rebuilding using $3.2 billion in federal disaster relief that has been approved for the region. Continue Reading SBA Issues Guidance to Speed Rebuilding in LA Communities Destroyed by Wildfires
Saks Off 5th to Close Most of its Stores
Saks Global is also closing the five remaining Last Call stores that served as a discount venue for Neiman Marcus. Continue Reading Saks Off 5th to Close Most of its Stores
Hanover Bancorp Names New Chief Commercial Real Estate Lending Officer
Newham was most recently executive vice president and group leader of commercial real estate lending at Dime Community Bank. Continue Reading Hanover Bancorp Names New Chief Commercial Real Estate Lending Officer