Nederlander, who produced Tony Award-winning musicals and plays, purchased the home in 2006. Platinum Luxury Auctions/Mentis Photography The former Manhattan pied-à-terre of late theatrical producer James Nederlander, listed for $27.5 million in 2019, will be auctioned off later this week with no reserve. The auction of #10 at 838 Fifth Ave., a condominium right by
Real Estate
Zillow CEO Richard Barton told CNBC on Thursday the company hopes to turn the wave of people who dreamily browsed its website last year into actual homebuyers. Zillow has long been associated with so-called “real estate porn,” Barton acknowledged in a “Squawk on the Street” interview. He noted a headline in a San Francisco newspaper in 2006 made
More than 400,000 apartment units will reach completion nationwide in the year 2021. getty Apartment demand has been rebounding since summer, although landlords have had to offer sweeter concessions to prospective tenants to get warm bodies into the large numbers of buildings that are finishing construction. The pace at which vacant apartments were absorbed fell
People wait to visit a house for sale in Floral Park, Nassau County, New York, the United States, on Sept. 6, 2020. Wany Ying | Xinhua News Agency | Getty Images President’s Day weekend marks the unofficial start of the spring housing market, but if you’re looking to get in this year, hold onto your
LONDON, ENGLAND – FEBRUARY 12: Chinese lanterns hang in Chinatown on February 12, 2021 in London, … [+] England. This year’s festivities, which usher in the Year of the Ox, take place whilst the United Kingdom remains in lockdown. (Photo by Dan Kitwood/Getty Images) Getty Images Today is the Lunar New Year, celebrated in China
Building materials company Azek reported double-digit revenue growth in its latest quarterly report as a red-hot housing market continues to spill over into the home remodeling industry. The demand, driven by a combination of low mortgage rates, low home supply and increased relocation activity amid the coronavirus pandemic, has Azek CEO Jesse Singh bullish about
Brooklyn Bridge and the Lower Manhattan skyline. getty Downtown Manhattan, long a cultural epicenter of the United States, comes with one of the steepest barriers of entry thanks to a real estate market that has seen an ever-increasing price creep since the 1990s. Still, the disruption caused by the effects of COVID-19 has created opportunities
Taylor Morrison CEO Sheryl Palmer told CNBC Thursday the strength in the housing market has broadened out in recent months, adding another layer to the pandemic-era residential real estate boom. “It’s a phenomenal dynamic we’re seeing out in the marketplace,” Palmer said in an interview on “Closing Bell,” one day after the nation’s fifth largest
Warm brick, gables and beautiful original windows mark this as a lovingly restored old house. Tyler Sands for Daniel Gale Sotheby’s International Realty This home on Long Island’s Oyster Bay has it all: a distinguished list of owners including Bee Gee Robin Gibb, important architectural heritage, a superb location, exquisite finishes and materials, up-to-date amenities
Google has submitted its preliminary proposal for its North Bayshore campus in Mountain View. Source: SITELAB urban studio Google released preliminary plans late last week for its future campus in northern Mountain View, CA, which emphasizes several thousand new homes and space for local shops amid pandemic recovery. For the project, Google and development partner
Sonny Kalsi is the CEO of BentallGreenOak, a global real estate investment and management platform. Getty There’s no denying that 2020 was a year of great upheaval. The world contended with a global pandemic, and we all became witnesses to the tragic and all too frequent consequences of racial injustice. But like all periods of difficulty,
H&R Block mortgage services sign Jb Reed | Bloomberg | Getty Images Mortgage delinquencies in November fell to their lowest level since the start of the coronavirus pandemic, though the number is still far higher than the rate a year earlier. Just under 6% of all U.S. mortgages — 2.7 million homes — were in
Covid-19 is the agent of change driving advances – and acquisitions – in a sector long-resistant to tech. By Troy Hooper, Xinyi Jiang and Rachel Stone Property technology deals are expected to accelerate this year as Covid-19 forces the digital transformation of an industry historically resistant to change, executives and others say. Couple Looking At
Staff make their way around the aisles collecting items before sending them to the on-site dispatch hall to be packaged inside one of Britain’s largest Amazon warehouses in Dunfermline, Fife. Jane Barlow | PA Images | Getty Images BEIJING — Big investors are pouring money into warehouses in Europe as online shopping for goods —
Scenes from the new showroom of Herman Miller which shows classic designs by Charles and Ray Eames, … [+] in Culver City, Ca., Oct. 1, 2009. (Photo by Jay L. Clendenin/Los Angeles Times via Getty Images) Los Angeles Times via Getty Images The Case Study House Program’s vision belonged to Los Angeles-based Arts & Architecture
The affordable housing crisis in the United States continues to be a problem and it’s only getting worse. Nationally, there is a shortage of about seven million affordable homes for our nation’s more than 11 million extremely low-income families, according to the National Low Income Housing Coalition. Some areas are worse off than others, with
An ocean-adjacent estate in Honolulu’s Portlock neighborhood, a sophisticated contemporary home in Vail, Colorado, and a modern penthouse in San Diego’s Bankers Hill neighborhood. The custom home on Portlock Road in Honolulu sold in December for $3 million. Hawai’i Life Portlock, Honolulu | 5 bedrooms, 5.5 bathrooms The 2007-built home on a quarter-acre lot is
Kelly Clarkson has owned her Nashville-area home for almost 10 years, Park Realty If you’re craving a lakeside retreat, Kelly Clarkson’s Tennessee mansion is on the market again with a newly discounted price tag. With her professional life now centered in Los Angeles, the singer, songwriter and talk show host has reduced the price on
Communities are desperate for more affordable housing, but the cost for developers is just too high. Land, labor and materials were pricey before the coronavirus pandemic, and they are even more so now. That is why some creative developers are now turning to hotels – and it appears to be a match made in real
4444 Valley Ridge Road, Dallas TX Allie Beth Allman For Allie Beth Allman agent Kari Schlegel Kloewer, her new palatial luxury listing in the Meadowood Estates neighborhood of Dallas is almost bittersweet. It is the most expensive dirt for sale in town right now at $24 million. It is a stunning baronial masterpiece of 20,000
Getty Images When the state-mandated shutdowns started last March, Skyler Fort, a painting contractor in northern Michigan, turned to his local credit union, 4Front Credit Union, for a PPP loan. Many Americans sought out loans in the past year, and Fort said he chose the credit union over a bank “based on the more personal
Vaulted ceilings top the Shay Zak-designed home that originally served as the interim clubhouse for … [+] the Kohanaiki resort enclave. Hawai’i Life Space for entertaining is almost a prerequisite when it comes to high-end homes. Still, few possess the space to host a community-sized crowd like this custom residence in the exclusive Kohanaiki resort
A house for sale on December 17, 2020 in Scituate, Massachusetts. Matt Stone | MediaNews Group | Getty Images Mortgage rates fell for the first time in nearly a month, and that lit a fire under current borrowers who may have thought they missed the boat on refinancing their loans. Applications to refinance jumped 11%
Eric Wu, cofounder and CEO of Opendoor, pictured in 2018. (Photographer: David Paul Morris/Bloomberg) © 2018 Bloomberg Finance LP Barely a month after going public as part of the SPAC boom, Opendoor is raising money once again. On Tuesday, the company announced that it plans to sell another 24 million shares of common stock—worth approximately
Amazon HQ2 rendering showing the Helix, which includes work space, will also be open to the public select weekends every month. Courtesy: NBBJ Amazon on Tuesday unveiled the latest look at its second headquarters in Northern Virginia. The standout feature of the design proposal for HQ2 includes a unique structure, dubbed “The Helix.” Amazon described
Forget “Keeping Up with the Kardashians.” It’s hard enough keeping up with Tomer Fridman these days. Luxury real estate agent Tomer Fridman has joined Beverly Hills-based brokereage Hilton & Hyland, a … [+] founding member of Forbes Global Properties. Tomer Fridman After a record-setting 2020 in which Fridman and team closed $539 million sales, the
Real estate broker Rebecca Van Camp places a “Sold” placard on her sign in front of a home in Meridian, Idaho, on Wednesday, Oct. 21, 2020. Darin Oswald | Tribune News Service | Getty Images The strong surge in home prices is not slowing down, thanks to high buyer demand and a record low supply
Indianapolis, Indiana tops Arch’s most affordable cities list Getty Here’s America’s most affordable cities according to Arch Mortgage Insurance Company. Arch recently crunched the numbers on the five most affordable cities LINK in the country. The results in The Housing and Mortgage Market Review (HaMMR) may surprise you. Included in Arch’s top five cities are
Home ownership has long been considered a staple of the American dream. During the pandemic, it has also become a dividing line between the haves and have-nots. As the coronavirus outbreak and rise of remote work pushed Americans to move from the city to the suburbs, those who could afford a single-family home have been
The modern live-work residence was designed and built for Faiya Fredman, the late artist who was a … [+] pillar of San Diego’s contemporary art scene. Lucas Parodi | Willis Allen Real Estate Designed by a celebrated modernist for a titan of San Diego’s art scene, it’s no surprise that this modern residence off the
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