Someone is about to snag a true piece of hair-story. In Manhattan, a Parc Vendôme apartment most recently owned by the late renowned hairstylist John Barrett went into contract in just one week — no scissor snip price cut required. The home, at 333 W. 56th St., hit the market for $1.99 million in early February and
Month: February 2024
The Port of Fontvieille Harbor in the Principality of Monaco. Education Images | Universal Images Group | Getty Images The ultrawealthy are looking for a better lifestyle and strong investment when it comes to buying their next home, according to a new study. One-quarter of American ultra-high-net individuals, or those worth $30 million or more,
In this article 2007-HK Follow your favorite stocksCREATE FREE ACCOUNT Aerial photo shows a Country Garden residential area in Nanjing, East China’s Jiangsu province, Feb 5, 2024. Future Publishing via Getty Images Future Publishing | Future Publishing | Getty Images China’s Country Garden Holdings said Wednesday it received a liquidation petition filed by one of
Fashion designer and beauty mogul icon Jill Stuart has been quietly shopping her Hudson Square penthouse at the Urban Glass House, which was the late modern architect Philip Johnson’s final project, with interiors by architect Annabelle Selldorf. The stylish five-bedroom spread, at 330 Spring St., is now asking $19.95 million — almost 20% off its
Thianchai Sitthikongsak | Moment | Getty Images Higher mortgage rates continue to hit demand from both current homeowners and potential homebuyers. Total mortgage application volume dropped 5.6% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. An additional adjustment was made to account for the Presidents Day holiday. The
An urban view of high-rise buildings at dusk as seen from Hong Kong’s Victoria Peak. Nurphoto | Nurphoto | Getty Images Stocks of Hong Kong developers rose after Financial Secretary Paul Chan scrapped property cooling measures in a bid to bolster the sector, which has been weighed down by high borrowing costs and weak economic
Apartments are seen undergoing construction on February 28, 2023 in Austin, Texas. Brandon Bell | Getty Images The apartment market is finally loosening up. At the same time, competition is heating up in some key markets. There is an enormous supply of new apartments coming online this year. And rents have fallen for six straight
Home prices rose for the 11th consecutive month in December, as housing inventory remained painfully low. Prices increased 5.5% nationally in December when compared with the previous year, the S&P CoreLogic Case-Shiller index showed on Tuesday. That is up from the 5% annual increase recorded the prior month. On a monthly basis, prices fell 0.4%, according to
The homebuilding industry is in a race to make its homes environmentally cleaner and more energy efficient. Real estate as a whole is a massive carbon offender. Both the construction and operation of buildings account for 40% of global carbon emissions. Solar panels and energy-efficient appliances help cut emissions, but more needs to be done
Milos Dimic | E+ | Getty Images With various factors keeping homeownership out of reach for Americans, many aspiring homeowners are pessimistic, doubting they ever achieve that goal. Would-be buyers point to two major obstacles holding them back, according to a new Bankrate report. About half, 51%, point to a high cost of living, and
Sol de Janeiro USA, a luxury skincare brand that’s a subsidiary of L’Occitane, is growing its Manhattan presence by 57,203 square feet. The newly signed lease at Empire State Realty Trust’s One Grand Central Place matters more than its size for what it says about the vitality of ESRT’s 8.6 million square-foot office portfolio. The
The deal that brought Avra Estiatorio to Midtown Sixth Avenue took two years to complete — due mainly to the pandemic’s disruption. But the popular Greek seafood empire’s journey to 390 Ninth Ave. occurred at relative warp speed, according to CBRE’s Gary Trock, who brokered the deal for Avra. “The lease didn’t take that long to
He may be heading to live in the Sunshine State, but Amazon titan Jeff Bezos still has prominent West Coast presence. The Daily Mail reports that Bezos, the third richest man on Earth with a net worth of nearly $194 billion, has added some glam final touches onto his megamansion in Beverly Hills, California. They
Witthaya Prasongsin | Moment | Getty Images Despite a slump in U.S. home sales, many homeowners made a profit selling property in 2023. Those gains could trigger a tax bill this season, depending on the size of the windfall, experts say. In 2023, home sellers made a $121,000 profit on the typical median-priced single-family home,
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