Miami Heat star Jimmy Butler is living large, shelling out over $70,000 a month to rent a sprawling waterfront mansion on Miami Beach’s exclusive Hibiscus Island, sources told the Real Deal. The six-time NBA All-Star, whose name has been swirling in trade rumors, has temporarily moved into the 8,500-square-foot property. The five-bedroom estate boasts ocean
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The Federal Reserve is expected to lower interest rates by another quarter point at the end of its two-day meeting on Dec. 18. That would mark the third rate cut in a row — altogether shaving a full percentage point off the federal funds rate since September. So far, the central bank has moved slowly as they recalibrate policy after
Nestled on one of New York City’s most picturesque blocks, Bob Dylan’s former residence at 242 E. 49th St. is up for grabs at $7.25 million. This five-story Turtle Bay Gardens townhouse boasts a rich history of celebrity tenants, including Hollywood royalty, Broadway legends and Dylan — one of America’s most iconic musicians — according
Mortgage rates fell again last week, and while the drop wasn’t huge, it was enough to spur current homeowners to look for some savings. The surge in refinances was behind a 5.4% increase in total mortgage demand compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest
Tal Alexander (L) and Oren Alexander (R). Getty Images Federal prosecutors accused top real estate agents Tal and Oren Alexander and their brother, Alon, of drugging and raping “dozens of victims” over more than a decade. The brothers were arrested in Miami Wednesday on sex trafficking charges related to the alleged assaults. They face charges of
The official residence of the US ambassador in Athens, Greece, commonly referred to as the Jefferson House, serves as both the ambassador’s home and a venue for diplomatic events. The exterior of the residence in Athens, Greece, where the US Ambassador resides. Athens College And it will soon be home to former Fox News personality,
Sdi Productions | E+ | Getty Images A number of factors can get your mortgage application denied. So-called “unverifiable income” is one of them. Mortgage lenders want to know if you’re financially capable of paying back the loan. One way they’ll do that is by requesting documents like your federal income tax returns, W-2 and
Living above a storefront has its advantages—you can wake up and stroll downstairs to your closest coffee shop, or you could even make a quick stop for much-needed supplies. Known as “vertical villages,” mixed-use developments combine two or more uses—typically residential and commercial—into one space. And many of these mixed-use communities feature restaurants, bars, and shops
After the deadly collapse of a 12-story condominium tower in the Surfside suburb of Miami, Florida, in 2021, state lawmakers implemented new requirements for older condominiums. Buildings at least 30 years old, like the Champlain tower that fell, have to undergo special inspections, make repairs and gather reserve funds for future maintenance. The deadline is
The American mall isn’t dying — it’s evolving. Once the epicenter of suburban life, these sprawling shopping centers are now being transformed into mixed-use hubs, combining housing, retail and entertainment in a bold bid to stay relevant in a changing world, reports CNBC. Developers are bulldozing empty department stores like Macy’s and JCPenney, trading the
Century 21, the discount fashion department store, slimmed down from 250,000 square feet to 100,000 square feet when it reopened in May 2023 after more than two years of pandemic closure. But the ASG Equities, the real estate arm of the store’s owners, the Gindi family, went right to work finding new tenants and uses
Miniseries | E+ | Getty Images Housing is not cheap — whether you’re buying or renting. In October, the median sales price for a single-family home in the U.S. was $437,300, up from $426,800 a month prior, according to the latest data by the U.S. Census. Meanwhile, the median rent price in the U.S. was
Macy’s longtime Brooklyn home could soon become a showplace for “experiential entertainment retail” for companies like Netflix, Universal and Lego, according to the leader of a partnership that just purchased the four-story, 440,000 square-foot property at 422 Fulton Street. Albert Laboz, founder and chief executive of United American Land, said, “Everything is on the table”
Mithrl is among a wave of startups coming back to San Francisco and working in person four days or more each week. Courtesy: Mithrl When Noah Jackson began his search for a new software engineering job at the start of 2024, there was one quality he knew he wanted in his next employer: office culture.
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