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
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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
Veteran industry executive and film producer Donald De Line has hung a $10.5 million price tag on his soigné French Regency-inspired villa in a prime pocket of L.A.’s prestigious Hancock Park neighborhood. “The Italian Job” producer, who’s working on the long anticipated, Margot Robbie-starring feature “Marian,” based on the Robin Hood folk tales, acquired the
Though NBA star Blake Griffin was traded to the Detroit Pistons on a three-year contract worth more than $100 million, it appears he plans to keep a solid real estate foothold in Southern California. Earlier this year, the power forward dropped $4 million on a newly constructed mansion in affluent Manhattan Beach. And a plugged-in
UPDATE: A showbiz-pedigreed property in L.A.’s celeb-studded Toluca Lake community, once home to Walt Disney’s late nephew Roy E. Disney and now owned by the former Disney executive’s surviving wife, came up for sale about two months ago at almost $5 million. Listed with Jennifer Hughes at Bulldog Realtors, the lakefront property is now in
Two apartments in Beijing that are home to movie star Jackie Chan are being forcibly put up for auction. The reason appears to be an ownership dispute. The adjacent apartments in a residential compound in the capital city’s Dongzhimen district are where Chan and his family have lived since 2007. According to mainland Chinese media
A Beverly Hills real estate agent has been arrested on charges of stealing from the homes of celebrities, including Usher, Adam Lambert and “Real Housewives” star Dorit Kemsley. Jason Emil Yaselli, 32, is accused of encouraging an accomplice, Benjamin Ackerman, to enter homes during open houses in order to steal from them. Ackerman allegedly sold