Apartment buildings on the Upper East Side neighborhood of New York. Victor J. Blue | Bloomberg | Getty Images Manhattan rents hit their highest level ever for a December as the supply of apartments plummeted and landlords started demanding double-digit increases. The average apartment rent in Manhattan hit $4,440 in December, while the more widely
Brandon Bell | Getty Images Brace yourself for another competitive year in the housing market. Home sales are expected to grow 6.6% in 2022, a 16-year high, according to Realtor.com. The typical winter lull isn’t even necessarily happening. Home prices actually accelerated from November to December, said Danielle Hale, chief economist at Realtor.com. While Realtor.com
Ubiquitous Energy solar energy capturing windows installed at Michigan State University. Courtesy of Ubiquitous Energy A material science start-up, Ubiquitous Energy, is raising tens of millions of dollars to turn windows into surfaces that capture solar energy. The California start-up announced on Tuesday it closed a $30 million funding round, including an investment from consumer
Look out, Montauk pizza joints — One Bite reviewer Dave Portnoy, founder and CEO of Barstool Sports, has plunked down $9.75 million for a Hamptons beach house. The new construction home, on Old Montauk Highway, is surrounded by trees and sits on an almost a full acre. It comes with a pool and ocean views.
A lavish mansion in a quietly ritzy, guard-gated enclave discreetly nestled into the rugged foothills above L.A.’s Woodland Hills, long owned by Andre Young, aka rapper, record producer and near-billionaire entrepreneur Dr. Dre, has come for sale at $5.25 million. Dre himself, worth about $800 million, according to Forbes, hopes to more than double his
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SweetGrass Ranch is a five-star recreational paradise located on the edge of the Black Hills totaling 5,738± acres; a truly private, end of the road ranch. Almost entirely deeded, the ranch borders USFS. The ranch has amazing improvements with two custom built main residences and a magnificent indoor riding arena. Additionally, there is a remarkable
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Inflation. Labor shortages. Rising home prices. Follow two house flippers in Tennessee as they try to navigate a booming housing market. #CNN #News
To office landlords’ joy, C-Note leases – those with starting rents of $100 and up – are making a robust rebound, helping to quell fears about the office market’s long-term health. CBRE reported that some 105 C-note leases comprising 2.7 million square feet of prime space in Manhattan were signed in 2021. Not only did