Real Estate News & Insights
Thor Equities Acquires Historic NYC Mixed-Use Property for $56 Million
Thor Equities, a real estate development, leasing, and asset management firm, announced its acquisition of 1165 Broadway, a 58,000-square-foot, mixed-use office and retail property in New York City, for $56 Million. Located in Manhattan’s NoMad District, the property...
CoStar Group Files Amended Complaint in Copyright Infringement Lawsuit Against Zillow
According to the updated filing, Zillow has unlawfully used more than 50,000 CoStar’s proprietary images across its sites. Continue Reading CoStar Group Files Amended Complaint in Copyright Infringement Lawsuit Against Zillow
Illinois Gov. Pritzker: Indiana Faces ‘Massive Increases in Taxes’ with Proposed Bears Stadium
“Here in Illinois, we continue to have really positive discussions with the Chicago Bears,” he stated. Continue Reading Illinois Gov. Pritzker: Indiana Faces ‘Massive Increases in Taxes’ with Proposed Bears Stadium
NYC Developer Indicted in $10 Million Fraud Scheme Expected to Plead Guilty
The guilty plea would not affect the civil lawsuit brought against him by the Securities and Exchange Commission. Continue Reading NYC Developer Indicted in $10 Million Fraud Scheme Expected to Plead Guilty
Maryland Home Sales Down Amid Inventory Shortages
The average sales price increased 3.4% year-over-year to $495,038 and the median sales price inched up by 0.5% to $410,000. Continue Reading Maryland Home Sales Down Amid Inventory Shortages
American Express to Build 55-Story HQ at World Trade Center Site
Construction will begin this spring, with completion expected by 2031. Continue Reading American Express to Build 55-Story HQ at World Trade Center Site
Memphis Notary Sentenced for Role in Real Estate Fraud Scheme
Shaneika Seymore notarized multiple fraudulent quitclaim deeds which purported to transfer ownership from the true homeowners to Seymore and her co-conspirators. Continue Reading Memphis Notary Sentenced for Role in Real Estate Fraud Scheme
Janitorial Worker Wanted for Stealing Checks and Embezzling from Baton Rouge Realtor
Ariel Brown is being sought on 48 counts of embezzlement and forgery for the 48 checks she allegedly stole and altered. Continue Reading Janitorial Worker Wanted for Stealing Checks and Embezzling from Baton Rouge Realtor
Michigan House Speaker Proposes $4.7 Billion Tax on Higher-Income Services to Replace Property Taxes
“I can’t see them wanting to vote against property tax cuts,” Rep. Hall said about Democratic lawmakers. Continue Reading Michigan House Speaker Proposes $4.7 Billion Tax on Higher-Income Services to Replace Property Taxes
Century Communities to Begin Sales at New South Carolina Townhome Community
Pricing for the residences start in the low $200,000s. Continue Reading Century Communities to Begin Sales at New South Carolina Townhome Community
Trump Says Tech Companies Pledged to Build Power Plants for Their Data Centers
The administration offered no further details on which companies agreed to this request. Continue Reading Trump Says Tech Companies Pledged to Build Power Plants for Their Data Centers
Mortgage Application Activity Remains Flat
The FHA share of total applications decreased to 16.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Remains Flat
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