Washington-based global law firm Venable LLP is moving to the Durst Organization’s One Five One, the tower formerly known as the Conde Nast Building. Venable signed a 15-year lease for 157,800 square feet on the 48th through 52nd floors of the building that also was previously known as Four Times Square. The firm also is
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Here’s what’s happening in Al Roker’s neck of the woods: A six-story, six-bedroom townhouse is for sale at 163 E. 82nd. St., just a few doors down from the “Today Show’s” famous weatherman. The 6,700-square-foot home — which comes with a custom steam room and sauna, a wine cellar, three wood-burning fireplaces, an elevator and
A sign is posted in front of a home for sale on September 28, 2021 in San Anselmo, California. Justin Sullivan | Getty Images Climbing mortgage interest rates caused another drop in mortgage demand for both refinances and home purchases. Total application volume fell 6.3% last week compared with the previous week, according to the
A house for rent in Corona Del Mar, California. Scott Mlyn | CNBC Demand for single-family rental homes is showing no sign of easing up, and that is pushing rents through the roof, especially for the highest-priced properties. As a result, investors are now flooding into the market again, after falling back a bit during
Thomas Barwick Buying a first home is always a huge decision. It’s even bigger when the market has been as hot as it has in the last two years. Financial advisors say this could be the worst market for home buyers we’ve ever seen, and caution clients to perhaps wait. Certified financial planner Rick Kahler,
Billionaire Peter Thiel, PayPal co-founder and chairman of Palantir Technologies, during a news conference in Tokyo, Japan, on Nov. 18, 2019. Kiyoshi Ota/Bloomberg via Getty Images Peter Thiel’s proposed luxury lodge on New Zealand’s South Island has been criticized by a local environmental group who believe it is “inappropriate” for the natural landscape. The PayPal
High-rise apartment buildings at China Evergrande Group’s under-construction Riverside Palace development in Taicang, Jiangsu province, China, on Friday, Sept. 24, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese developer Evergrande made little progress toward complying with Beijing’s crackdown on real estate debt — until it was too late for investors who poured
Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, June 3, 2021. Mike Blake | Reuters The nation’s homebuilders aren’t seeing any relief from supply chain issues that have slowed construction recently, but high buyer demand appears to be making up for it. Builder confidence
A worker carries lumber as he builds a new home in Petaluma, California. Getty Images Rising interest rates will result in a sharp drop in refinance demand in 2022, meaning a lot less business for mortgage bankers, according to the Mortgage Bankers Association’s just-released annual forecast. It predicts total origination volume will drop 33% to
Aerial photography of “river view house” on the side of the Yangtze River. Yichang, Hubei Province, Oct. 16, 2020. Costfot | Barcroft Media | Getty Images The fallout in China’s property sector is showing no signs of abating, as more developers face the threat of default — even as uncertainty over the fate of heavily
An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters BEIJING — The People’s Bank of China said Friday that indebted developer China Evergrande is its own case, and that most real estate businesses in the country are stable. Property giant Evergrande has $300 billion in liabilities
A classic home at 271 Central Park West — where stars like Bruce Willis once lived — is on the market for the first time in 30 years. Jane Pauley, Meryl Streep, Robin Williams and Mark Hamill also once lived in the building. The five-bedroom, three-bathroom co-op at 87th Street is asking $13.9 million —
It seems Courteney Cox is quite protective of the iconic New York apartment that once played home to her “Friends” character, Monica Geller. In a video, the actress, 57, is seen scolding her “Scream 5” co-star Melissa Barrera, 31, who tries to enter the Greenwich Village property — but don’t worry: it’s just a skit
Get ready to gawk! The city’s most expensive apartments are once again being listed on the open market for all to see. This year, three mega-mansions in the sky have listed on Streeteasy asking over $100 million — following years and years in which billionaires carefully hid their nine-figure listings from the public eye. (For