Eduardo Eurnekian, a billionaire Argentine business mogul, is selling his luxurious seven-story New York City house for $50 million. And for the security conscious homeowner, it comes with a very unique perk. The 10,400-square-foot modern midrise is located east of Central Park in Lenox Hill, with six bedrooms and eight baths. Take a look: Source:
Real Estate
Pittsburg has the lowest housing prices among Amazon HQ2 contenders Here’s Amazon’s HQ2’s potential impact on the winning city’s real estate market according to realtor.com. Jeff Bezos has promised to announce which U.S. city will be home to Amazon’s HQ2, by year-end. As realtor.com sees it, the location Amazon chooses will impact the local housing
17 Hours Ago Ten years ago, he was an out of work actor and sometime hand model. Desperate for a job to stay in NYC he got a real estate license. Today Ryan Serhant is a real estate mogul, reality TV star and author. In “Sell it Like Serhant” he explains the skills he learned
The Mercedes-Benz S-Class is as elegant as you’d imagine, but is more fun to drive than you might expect.Mercedes-Benz “Smooth” is the best word we could come up with to describe the recently refreshed Mercedes Benz S-Class. The flagship of the line is handsomely styled on the outside with one of the most elegantly cast interiors
Wall Street is abuzz this week amid a surge in the yield for the benchmark 10-year Treasury note, which has repeatedly topped levels not seen since 2011 over the last few days. But while the multiyear highs above 3 percent are notable by themselves, bond traders are also impressed by how quickly rates have broken
The U.S. economy is growing at a healthy pace, the labor market is its tightest in years and consumer confidence hasn’t been this high since 2000. But one warning sign of trouble could be flashing in the housing market, according to forecaster Lakshman Achuthan. “Our leading home price index has made a downturn that it
It’s been a year full of trials for Facebook. From the Cambridge Analytica case and concerns over privacy and data protection, to the ongoing proliferation of hate speech on the platform and a dramatic drop in value after second-quarter results, many are wondering about the future of the social media site. However, the bottom line
Located at Kukui’ula on the south shore of Kauai in Hawaii, the home features seamless indoor-outdoor living with dramatic ocean views.Courtesy of Kukui’ula A custom-designed home on Kauai inspired by the designs of famed mid-century Hawaiian modernist Vladimir Ossipoff, is on the market for$6,950,000. Located at Kukui’ula on the south shore of Kauai in Hawaii,
Home values are high, the housing market is competitive, and more buyers want to get in. As a result, an increasing number of buyers are lying and cheating. Mortgage fraud risk jumped more than 12 percent year over year at the end of the second quarter, according to CoreLogic, which measures six fraud indicators: identity,
Villa PassalacquaConcierge Auctions Actor George Clooney introduced Americans to Italy’s Lake Como when he purchased Villa Oleandra in 2002, but he was late to the game when compared with the nearby Villa Passalacqua. Winston Churchill stayed here. So did Napoleon about a century beforehand. In fact it was his chief artist who completed many of the fresco ceilings that are still in
What started as a blip is now a year-long slump for Manhattan real estate. And it shows no signs of turning around. Total real estate sales in Manhattan fell 11 percent in the third quarter compared with a year ago, marking the fourth straight quarter of double-digit declines, according to new data from Douglas Elliman
Properties with triple net leases often appeal to risk-averse landlords because of their inherently low-maintenance nature. But if you think delegating the costs of maintenance, property insurance and property tax to the tenant makes owning property a breeze, think again. Triple net leases come with their own set of unique risks and challenges for landlords.
House builder stocks listed on the FTSE 100 shed value on Monday morning after the U.K. government announced plans to introduce an additional tax on foreign buyers of British property. A rise of up to 3 percent in stamp duty is to be paid by any individuals and companies that are not registered to pay
Credit: Getty Royalty Free My parents have just put our family home on the market after nearly 30 years of living there. During the process of meeting with realtors, they were told that agents are facing resistance from buyers who are unsure about how the new tax law will affect them. After digging deeper into the
By nearly any measure, this city is booming. The unemployment rate is below 3 percent. There is so much construction that a local newspaper started a ”crane watch” feature. Seemingly every week brings headlines about companies bringing high-paying jobs to the area. Yet, Denver’s once-soaring housing market has run into turbulence. Sales and construction activity
financial advisor putting a coin in her savings piggy bank Recently, I “discovered” a new type of REIT that caught my attention. It occupies a sub-, sub-, sub-sector, thought as lost as Atlantis, elusive as unicorns, merely mythological, a tale spun late into night, ‘round the flickering REIT campfire. But seriously and without hesitation, I’m
As lawmakers consider disaster relief in the wake of Hurricane Florence, projects to rebuild North Carolina’s shrunken shorelines are likely to get a healthy chunk of government money. To their advocates, these so-called beach nourishment initiatives are crucial steps in buffering valuable oceanfront properties from storm damage and boosting local economies that rely on tourism.
The Transcript in New York City is emblematic of the new resident-only bars and restaurants being unveiled in high-end residential buildings.Ben Fitchett Consider the exclusive world inhabited by denizens of American’s most luxurious multifamily buildings. Theirs is a rarefied environment of sumptuous fitness centers, saunas, spas and poolside cabanas. In these exquisite settings, they alone
Hong Kong house prices have fallen on average for the first time since early 2016, as sentiment looks to have turned against the city’s notoriously expensive real estate market. The city’s official index that tracks the price of private homes, dropped by 0.6 point to 393.9 last month, from 394.2 a month earlier, according to
A structure destined to be the nation’s largest Passive House office building, 310 N. Sangamon in Chicago , is being developed by Mark Goodman & Associates.Mark Goodman & Associates Passivity isn’t a characteristic valued around many office buildings. It’s usually the go-getting office worker who’s most prized. But when it comes to the design of
With both home prices and mortgage rates continuing to rise, fewer consumers signed contracts to buy existing homes in August. So-called pending home sales fell 1.2 percent for the month, according to the National Association of Realtors’ seasonally adjusted index. Sales were down 2.3 percent compared with August 2017. That was the fourth monthly decline
Share to facebook Share to twitter Share to linkedin The listing of China hotpot chain Haidilao International Holding at the Hong Kong Stock Exchange today has lifted its two founding couples into the ranks of the world’s billionaires. Zhang Yong and his wife Shu Ping hold combined stakes worth $6.9 billion at today’s closing price of
Homeowners continued their rush to refinance, as mortgage rates jumped even higher last week. The new highs seem to be sending a message that this is the last chance for most borrowers to benefit from a refinance. Total mortgage application volume rose 2.9 percent last week compared with the previous week, according to the Mortgage
Bennett Park is but one example of developers creating urban green space as part of multifamily developments.Related Midwest In this era of luxurious apartment community amenities, multifamily developers battle to top each other in devising new common-area extras, from poolside cabanas to state-of-the-art golf simulators. They’re very aware today’s renters are willing to sacrifice private
Home prices are still rising, but the pace of the gains continues to slow, as potential homebuyers hit an affordability wall and sellers cave to the new reality. Home prices rose 6 percent annually in July, down from the 6.2 percent gain in June, according to the S&P Corelogic Case-Shiller national index. The 20-city index
Walk-in clinics serving needs from physical therapy to women’s health are increasingly the cure for empty retail storefronts.HSA Commercial Real Estate With an epidemic of empty storefronts increasingly infecting shopping malls and urban retail districts, landlords have sought with growing urgency to remedy the contagion. Many feel they now have with a concept called “medtail,”
Polish Zloty currency notes and coins are seen in this arranged photograph in Wroclaw, Poland. (Photographer: Bartek Sadowski/Bloomberg). In just a few days time, Poland will see its capital markets promoted to Developed Market status from Advanced Emerging by FTSE Russell, a leading index provider that is part of the London Stock Exchange Group (LSEG).
Home builders are worried about affordability, but firm demand is holding that concern in check, for now. Home builder sentiment in September held steady at 67 on the National Association of Home Builders/Wells Fargo Housing Market Index, or HMI. Anything above 50 is considered positive sentiment. Home builder sentiment is up from 64 one year
The Royal AtlantisResort and ResidenciesThe Royal Atlantis Residences The skyscrapers crowding Dubai’s skyline often compete for the title of tallest, shiniest or most gravity-defying design. Walking the streets it’s reasonable to feel this desert city was built for dinosaurs or demigods in mind rather than humans. However, the developers behind the ten-year-old Atlantis The Palm,
Mention the word “tropical” and most people will think of turquoise-blue waters and powder-white beaches. But one downside of a tropical retirement can be the threat of hurricanes. But there are many idyllic retirement havens where savvy retirees can get all the pleasures of life in the tropics without the specter of super-destructive storms. You
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