There’s a new future in store for Michael Jordan’s longtime Chicago-area mansion. After sitting on the market for more than a decade, the basketball icon’s sprawling Highland Park property is becoming a luxury timeshare in the wake of selling for a fraction of its original price, according to a news release. Real estate investor John
Month: January 2025
House hunters with $1 million to spend can expect to afford vastly different properties depending on where they look—and the Midwest offers by far the biggest bang for their buck. Here is a look at what a low-seven-figure budget would get you in the Midwest, the Northeast, the South, and the West. The breakdown factors
The owners of a run-down and long-vacant hotel dubbed the “black hole of Times Square” are allegedly hundreds of millions of dollars behind on loans linked to the property — and their lenders are seeing red. Joseph and Meyer Chetrit were reportedly sued by Mack Real Estate Credit Strategies for failing to pay $223 million
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Paris Hilton is the latest celebrity to lose their home in the Palisades Fire. The heiress and entrepreneur’s beachfront house in Malibu has been burned down, she confirmed in an emotional social media post on Wednesday. “Heartbroken beyond words.💔 Sitting with my family, watching the news, and seeing our home in Malibu burn to the
Residential homes in Discovery Bay, California, US, on Thursday, Nov. 7, 2024. Mortgage rates in the US increased to the highest level since July. David Paul Morris | Bloomberg | Getty Images Mortgage rates last week moved higher for the fourth week in a row. That caused already very weak mortgage demand to drop even
A sprawling Hudson Valley estate once touted as a modern engineering marvel has seen its price slashed to a quarter of its original ask. Ledgerock, a 15,000-square-foot mansion perched on the banks of the Hudson River, is back on the market for $11.25 million after failing to sell for three years, according to the Wall
Housing surveyors have reported the largest fall in new buyer inquiries in October since the financial crisis, excluding the period during the Covid-19 lockdowns. Isabel Infantes | Afp | Getty Images LONDON — U.K. house prices fell for the first time in nine months in December, as the country’s Budget and higher mortgage rates dampened
Call it “View” York City. A penthouse duplex perched atop a newly completed tower on the Brooklyn waterfront — not only making it the tallest waterfront residence in the borough, but also one with an impressive corridor of sights from its massive windows — is poised to list on Tuesday for $7 million, The Post
Move over, C-Note — the Manhattan high-end office market’s new exclusive club has a $200 per-square-foot admission charge. A record 28 new leases were done at rents above $200 per square foot in 2024, The Post has learned.The deals represented the top tier of the top tier. Meanwhile, there was also a record, 212 deals
Former actress Meghan Markle is inviting Netflix viewers “at home” with her upcoming cooking and lifestyle series “With Love, Meghan,” but there’s a catch. The home isn’t hers. Instead of showcasing her $14.65 million Montecito mansion, Markle, 43, filmed the series at an $8 million farmhouse just 2 miles away, owned by local philanthropists Tom
Residential 19th century style residential buildings in historic center of Paris, France. Kolderal | Moment | Getty Images Europe’s real estate sector is poised for further recovery in 2025, as investment activity picks up and growth returns across key market segments, analysts have predicted. A gradual uptick in transactions in 2024 looks set to gain
A sprawling estate perched along California’s Pacific Coast Highway has finally sold for $17.22 million after languishing on the market for nearly 15 years, according to Mansion Global. The sale was initially announced in a press release from its listing brokerage. Located outside the picturesque town of Cambria in San Luis Obispo County, the 78.5-acre