Real estate News
Bill Ackman locks down first site for brain research campus
Billionaire investor Bill Ackman is assembling a West Side campus for brain research, paying $260 million for a life sciences building and the neighboring industrial property.Ackman’s Pershing Square Foundation purchased the 400,000-square-fo...
Homeownership Rate Remains Steady, With Regional Differences
The U.S. homeownership rate remains at a plateau, holding at 65.0% in the second quarter of this year, according to the latest data from the the Housing Vacancy Survey.The homeownership rate was unchanged from a year ago, and not statistically ...
Luxury Sellers Are Holding the Stronger Hand Right Now
The Aaronson Group Luxury Coastal Real Estate - OC Coastal Orange County Market Insight Luxury Sellers Are Holding the Stronger Hand Right Now The headlines have spent most of this year describing a market that has cooled. B...
Californians are subsidizing mansion wildfire insurance as FAIR risk explodes
As California’s wildfire insurance crisis drives homeowners to the state’s insurer of last resort, wealthy areas such as Beverly Hills, Malibu and Bel-Air make up an increasingly large portion of the liability exposure — a dynamic that e...
Selling a Luxury House? Here’s Why Now Is a Good Time
If you own a luxury house, you’re in a stronger spot than most sellers right now. While much of the market has cooled, the high-end tier hasn’t. Sale prices and buyer demand are both up. So if you’re considering selling, now could be a g...
Is a Trump Official Running an Unlicensed NYC Hostel?
Paolo Zampolli, a former modeling agent appointed as a special envoy in the Trump administration, has never been shy about promoting his connections and numer...
GFP’s office-to-resi conversion at 222 Broadway halted
Three weeks after structural columns buckled at the former Pfizer Building, New York City building officials issued a stop-work order at another office-to-residential conversion.Construction work has been halted over at 222 Broadway, where deve...
Inside Carly Simon’s Martha’s Vineyard Retreat Where She ‘Withdrew from View’
Music legend and "You're So Vain" singer Carly Simon has revealed she has been diagnosed with Parkinson's disease—while opening up about the ways in which she has been "learning to live" with her condition after "withdrawing from public view....
