Category: New York
Wall Street’s Return-to-Office: Implications for NYC’s Real Estate Market – La Voce di New York
Wall Street’s Return-to-Office: Implications for NYC’s Real Estate Market – La Voce di New York Per fornire le migliori esperienze, utilizziamo tecnologie come i cookie per memorizzare e/o accedere alle informazioni del dispositivo. Il consenso a queste tecnologie ci permetterà di elaborare dati come il comportamento di navigazione o ID unici su questo sito. Non acconsentire o ritirare il consenso può influire negativamente su alcune caratteristiche e funzioni. L’archiviazione tecnica o l’accesso sono strettamente necessari al fine legittimo di consentire l’uso di un servizio specifico esplicitamente richiesto dall’abbonato o dall’utente,…
Read MoreRetail and Hospitality Real Estate Experts On the New Trends – Commercial Observer
Given the shifting fortunes of various commercial real estate asset classes, the relative strengths of both retail and hospitality have recently brought good news to those working in these sectors. That good news carries over into communities, too, a point driven home at Commercial Observer’s Retail & Hospitality Forum held June 13 at the City University of New York Graduate Center’s Elebash Recital Hall in Manhattan. “As urban centers across the country work to rebound from the rippling effects of the global shutdown and shifting dynamics and workplace trends, the…
Read MoreVanilla Ice stays rich thanks to investing in real estate – New York Post
From pop-culture punchline to property mogul, Robert Van Winkle, better known as Vanilla Ice, has proven he’s no one-hit wonder when it comes to making money. He has turned his initial success into a multi-million-dollar business empire — all thanks to wise investments in the real estate market. Many predicted Van Winkle would join the list of bankrupt celebrities after his music career fizzled out. But, as divorce records from 2018 revealed, he was worth a cool $9 million then. Fast forward to now, and according to CelebrityNetWorth.com, he’s sitting…
Read MoreNew York Multifamily Market Outlook | Chase – JP Morgan
“With all those challenges, the fundamentals are steady,” she said. “New York is a unique market because it always finds a way to attract people and capital.” Manhattan leads growth in transactions While the number of multifamily transactions in New York City was down year over year in Q1 2024, sales were up 23% year over year by dollar volume, according to the New York City Multifamily in Review Report by Ariel Property Advisors. Whether it’s a good time to buy depends on investors’ unique strategies and goals. Among New…
Read MoreWinston Churchill’s former London home hits the market for $24.8M – New York Post
Winston Churchill’s former London home lists for $24.8M Breaking News
Read MoreNew hikes in interest rates could affect bleak housing market – New York Post
Mortgage rates are likely to remain elevated through the summer, after Federal Reserve policymakers held the benchmark interest rate steady at their latest meeting. As expected, the Fed on Wednesday left the federal funds rate unchanged at a target range of 5.25% to 5.5%. The U.S. central bank has now held rates firm at that level for nearly a year, after rapidly raising them from near zero to combat soaring inflation. In remarks following the rate announcement, Fed Chair Jerome Powell said that inflation has “eased substantially” from its recent peak two…
Read MoreNYC considers ending broker fees for tenants, angering real estate industry – ABC News
NEW YORK — It’s a familiar and agonizing experience for legions of New York City renters: before moving into a new apartment, a tenant must first shell out thousands of dollars in fees to a real estate broker, even if that person was hired by the landlord. The hefty one-time payments, known as broker fees, are ubiquitous in New York but nearly unheard of anywhere else. In most other cities, landlords cover the commission of agents working on their behalf. But legislation backed by a majority of the New York…
Read MoreInvest Like Donald Trump With New York REIT Yielding 8.6% – Yahoo Finance
Invest Like Donald Trump With New York REIT Yielding 8.6% Donald Trump built his wealth through estate investments and development. He also ventured into entertainment, including his popular show The Apprentice and his new social media app Truth Social, which recently went public via a SPAC merger and now trades as Trump Media & Technology Group Corp. (NASDAQ:DJT). Investing in real estate is not as easy as it once was, especially with rates at elevated levels. However, investors can explore alternative routes to enter the real estate market, including investing…
Read MoreCommercial real estate crash: NYC office to sell at 67% discount – Fortune
A New York City office building owned by a Related Cos. affiliate is set to be sold at a steep discount. Empire Capital Holdings and Namdar Realty Group agreed to purchase the property at 321 W. 44th St. for less than $50 million, according to people familiar with the matter who asked not to be identified citing private information. That’d be a roughly 67% discount from the nearly $153 million that Related Fund Management paid for it in 2018. The deal was a short sale, meaning Related and its lenders…
Read More‘Home Alone’ house snatched after just 1 week on the market – New York Post
The iconic “Home Alone” house has already found a buyer just one week after hitting the market. Listed for $5.25 million, this legendary Winnetka, Illinois property, located in the Chicago suburbs, has left potential buyers saying, “Keep the change, ya filthy animal!” The final sale price and the identity of the new owner aren’t yet available. While fans of the movie might be surprised by the quick sale of the home, which made star appearances on screen, real estate experts aren’t. The 9,126-square-foot stunner, represented by Coldwell Banker Realty’s Dawn…
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