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Massachusetts Governor Proposes ‘Mansion Tax’ to Fund Affordable Housing Projects

Massachusetts Governor Proposes ‘Mansion Tax’ to Fund Affordable Housing Projects

by Phil Hall | May 9, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

Massachusetts Gov. Maura Healey is proposing a new “mansion tax” strategy to fund the state’s affordable housing endeavors. According to combined media reports, Healey’s recently proposed $4 billion housing bond bill would enable cities to enact a transfer fee ranging...
Patriots Owner Robert Kraft Sells Apartment at NYC’s Plaza Hotel for $22.5 Million

Patriots Owner Robert Kraft Sells Apartment at NYC’s Plaza Hotel for $22.5 Million

by Phil Hall | May 8, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New England Patriots owner Robert Kraft sold his apartment in New York City’s landmark Plaza hotel for $22.5 million in an off-market deal. The Wall Street Journal reported Kraft bought the residence in 2007 for $14.47 million, during the time when the hotel began to...
The World’s Wealthiest City Is…

The World’s Wealthiest City Is…

by Phil Hall | May 7, 2024 | Current News & Events, International Real Estate News, Real Estate News, U.S. Housing Market, WRE News Exclusive

When it comes to cities with a surplus number of millionaire residents, the U.S. is the global leader in the 2024 World’s Wealthiest Cities Report published by international wealth migration specialists Henley & Partners in collaboration with the global data...
Sean Hannity Lists Long Island Mansion for $13.75 Million

Sean Hannity Lists Long Island Mansion for $13.75 Million

by Phil Hall | May 3, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fox News headliner Sean Hannity is making good on his claim that he’s “done” with New York by listing his Long Island mansion for $13.75 million. The Wall Street Journal reported Hannity acquired the property through a limited liability company in 2008 for $8.5...
East Chop Capital Closes Fund Focused on Luxury Vacation Rental Homes

East Chop Capital Closes Fund Focused on Luxury Vacation Rental Homes

by Phil Hall | Apr 30, 2024 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The private equity firm East Chop Capital announced the $11 million closure of its Fund II, which focuses exclusively on luxury vacation rental homes. According to the company, Fund II drew equity investments from 93 LPs, including Liberty Financial Services....
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