Real estate News
Shelter Island Estate Targets Local Record With $18M Ask
Next year, a seller is setting his sights on a record sale for Shelter Island.Interior designer Ben Broughman, senior creative director at Jonathan Adler, listed the Osofsky House at 4 Dawn Lane for $18 million, the Wall Street Journal reported...
What is “Time is of the Essence” in Real Estate?
Key takeaways– When “time is of the essence” is included, contract deadlines become legally binding, not flexible targets.– Missing a deadline can be a material breach of contract.– Buyers and sellers both face real financial a...
Ashkenazy Acquisition Buys Beverly Hills Neiman Marcus
Ben Ashkenazy is adding to his Southern California holdings with a purchase in the Beverly Hills Golden Triangle. The real estate developer’s New York-based Ashkenazy Acquisition Corporation bought the two-block Neiman Marcus site at 9700 Wi...
Prices jump 56% for Airbnbs in L.A. during the World Cup
On June 12, Peggy Orenstein’s inbox flooded with booking requests for her Inglewood Airbnb.The date seemed random, but after a quick search, the influx of interest became clear. It was exactly a year before one of the biggest events in Ameri...
The builder self-remedy for housing development
Why this article is important: Developers are using the builder’s remedy as a workaround for restrictive local zoning ordinances. The loophole is preemptive legislation permitting builders to organically correct local housing shortages.Builde...
Headlines Have You Worried about Your Home’s Value? Read This.
Hearing talk about home prices falling? That may leave you worried about whether your house is losing value. But here’s what you need to know. While some local markets have seen small price dips this year, home prices are not falling nationa...
Tennessee First-Time Home Buyer | Assistance Programs 2025
What to know about buying a house in Tennessee If you’re a first-time home buyer in Tennessee, you might be qualified for valuable assistance from your state, county, or city. That could include home buyer education, special mortgage prog...
Eric Adams Releases Manhattan Plan
With a little more than a week left in office, the Adams administration released recommendations for ramping up housing construction in Manhattan. The mayor’s office on Monday released the so-called Manhattan Plan, laying out six “key them...
