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High mortgage rates continue to weigh on the nation’s homebuilders, leading to an increase in price cuts to lure buyers. But builders are cautiously optimistic about recent signs that interest rates may move lower soon. Homebuilder sentiment fell six points to 34 in November on the National Association of Home Builders/Wells Fargo Housing Market Index
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Check out these bee-youtiful digs. The rooftop of one well-respected Chelsea exhibition space is known for its striking works of contemporary sculpture — now, it’s home to five lucky hives of bees, too. The Kasmin Gallery’s sweet setup first came about during the pandemic, after staff returned to the 5,000-square-foot open-air oasis above 509 West
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Potential homebuyers attend an open house in Seattle. Mike Kane | Bloomberg | Getty Images Current homeowners and potential homebuyers are responding to lower mortgage rates, albeit slowly. Mortgage demand rose 2.8% last week, compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. That was the second straight week of
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Lever House, the 390 Park Ave. masterpiece that first brought curtain-wall design to commercial New York in 1952, is back in business after a two-year closure and $100 million redevelopment. The project by owners Brookfield and WatermanCLARK is no routine restoration, but a revelation to those who’ve walked by a thousand times and never knew what
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This fashion mogul is once again trying to offload his lakefront estate.  Tommy Hilfiger, founder of the eponymous design company, has put his Mediterranean-style Florida mansion back on the market, Mansion Global first reported. Hilfiger, 72, and his wife, the designer and former model Dee Ocleppo, 56, first tried to sell the 5,000-plus-square-foot property this
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It’s not quite into the woods.  Located in Connecticut, this home has a storied history. For nearly 40 years, the late “Gypsy,” “Follies,” and ‘”A Funny Thing Happened on the Way to the Forum” composer Stephen Sondheim called this Roxbury, Connecticut residence his home. And now, some two years after his death, it’s looking for
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