The Federal Reserve laid the groundwork for interest rate hikes Wednesday. At the conclusion of its two-day meeting, the central bank said it will aggressively unwind last year’s bond buying after a variety of inflation reports reached their highest levels in decades. Although interest rates will stay near zero for now, Fed officials set the stage
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Philip Lawrence, a songwriter, record producer and entrepreneur with eight Grammy awards, and his wife Urbana Chappa Lawrence, the celebrity stylist, fashion designer and philanthropist, have listed their Lincoln Square home for $8.25 million. Neighbors include Bruce Willis and his wife, Emma Heming Willis, who bought a four-bedroom in the 41-story condo in 2018 for
A “For Sale” sign is seen outside a home in New York. Shannon Stapleton | Reuters Even as the housing market entered its traditionally slower season in November, home prices showed big gains from a year ago. Prices rose 18.8% year over year on the S&P CoreLogic Case-Shiller National Home Price Index. Yet that was
He’s high kicking his way outta here. Douglas Elliman’s Fredrik Eklund is officially leaving Bravo’s “Million Dollar Listing New York” and its Los Angeles spin off. Eklund helped launch the franchise with its New York debut in 2012. But the fabulous broker, known for creating tons of real estate TV drama with competing brokers Ryan
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House shown in this video: https://www.zillow.com/homedetails/110-Briar-View-Rd-Vestal-NY-13850/83925038_zpid/
Real Estate Investing in the Dominican Republic In this video I share a few hints and tips buying properties in the Dominican Republic. While this is by no means an exhaustive list, nor an exact science, it is nevertheless designed to help you carefully decide if buying property is the right investment for you. I
Saagar details how Wall Street firms such as BlackRock and BlackStone have begun taking over the housing market in an effort to destroy the American Dream of buying a home and raising a family To become a Breaking Points Premium Member and watch/listen to the show uncut and 1 hour early visit: https://breakingpoints.supercast.com/ To listen
Demand for office space is likely to rebound from depressed Covid pandemic levels long before retail properties, property billionaire Sam Zell told CNBC on Tuesday. “Everything between the top mall and the corner grocery anchor mall … [there’s] a serious question as to its viability,” Zell said in a “Squawk Box” interview. “I think retail
The past year may have been a wild ride for potential homebuyers, but reports indicate that the housing market in 2022 could be even more competitive. New listings are currently at a record low, according to Redfin and Zillow. In fact, at the end of 2021, there were 19.5% fewer homes listed than at the
John Legend and Chrissy Teigen are the latest in a string of celebrities trying to sell their New York City pads. The power couple listed their Manhattan penthouses for a combined $18 million on Friday after three years of ownership. Located at 374 Broome St., Teigen, 36, and Legend, 43, purchased one unit for $9.02
Hungry and thirsty Moynihan Train Hall users no longer have to trudge outside to neighborhood joints to eat and make merry. Vornado Realty Trust just launched the Moynihan Food Hall, a 25,000-square-foot cluster of a dozen, “curated” vendors on Penn Station’s ground floor, all chosen for their Big Apple connections. The names include Sauce Pizzeria, E.A.K.