Nir Meir, the New York City developer currently held on a staggering $5 million cash bond, was once known for his extravagant taste in fine wines, exotic cars and luxurious living. However, as he faces charges of grand larceny, tax fraud and falsifying business records, the glamorous facade of Meir’s life is being peeled back
A construction site with new apartments in newly built apartment buildings. Patrick Pleul | Picture Alliance | Getty Images Germany’s housebuilding sector has gone from bad to worse in recent months. Economic data is painting a concerning picture, and industry leaders appear uneasy. “The housebuilding sector is, I would say, a little bit in a
A real estate agent walks into a home for sale in Lancaster, Ohio. Ty Wright | Bloomberg | Getty Images Sales of previously owned homes rose 3.1% in January to 4 million units on a seasonally adjusted annualized basis, according to the National Association of Realtors. Sales were down 1.7% year over year. The count
A video circulating on social media is causing quite the viral stir, showcasing a miniscule New York City apartment that’s just big enough for a bit of empty space, and not much else. Douglas Elliman agent Omer Labock took to Instagram to give his 136,000 followers an inside look at a Manhattan listing that asks
Maskot | Digitalvision | Getty Images While homeownership is out of reach for many Black Americans, most still see it as a hallmark of success. About 66% of Black Americans consider themselves successful in some way, according to a recent study by the Pew Research Center. Slightly more than half of all those surveyed, 52%, believe
Sturti | E+ | Getty Images The cost of housing is generally expensive across the board for Americans, whether you’re a renter or an aspiring homeowner. While both home prices and rent have outpaced wage growth in most areas, renting can be the smarter financial choice in many markets, said Susan M. Wachter, a
Former U.S. President Donald Trump gestures on the day of a court hearing on charges of falsifying business records to cover up a hush money payment to a porn star before the 2016 election, in New York State Supreme Court in the Manhattan borough of New York City, U.S., February 15, 2024. Andrew Kelly |
A stylish downtown loft owned by German-born model Katrin Thormann and top real estate broker Nick Gavin has entered contract for more than its $4.75 million asking price after just a week for sale, Gimme Shelter has learned. The four-bedroom, four-bath condo where Little Italy meets Chinatown is at 136 Baxter St. The couple had
New houses are seen for sale at Woodland Village, built by Lifestyle Homes housing developer, in Cold Springs, Nevada, on June 28, 2023. Andri Tambunan | AFP | Getty Images Mortgage interest rates surged last week to the highest level since early December, and that hit mortgage demand hard. Total application volume plunged 10.6% compared
Kali9 | E+ | Getty Images Black women are outpacing Black men when it comes homebuying. Single female homebuyers are most common among Black women, representing 27% of Black homebuyers, according to the 2023 Snapshot of Race and Home Buying in America report by the National Association of Realtors. To compare, single women represent 24% of
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible. Here is Monday’s edition. Sectors leading:
In the heart of Carmel-by-the-Sea, where the ocean breeze meets the charm of Spanish-style architecture, a recent $7.5 million sale has sparked a mix of intrigue and concern among locals. The La Rambla building, a historic gem dating back to 1929, with its charming retail spaces and elegant apartments, has changed hands, adding another notch
She could bear-ly contain her excitement. A Gen Zer moved back into her childhood cabin in Homer, Alaska, last year — even though it has no running water or heat — and temperatures have reached 24 degrees below zero Fahrenheit. Karma Wilcox, 19, was born in California and raised in the breathtaking two-story cabin by
Earnings season was not perfect for our industrial-focused portfolio companies, but we’re feeling pretty good about their prospects for the rest of the year. Shares of two of the five names finished Friday at all-time highs, and we belive the others show promise for patient investors. 1. Eaton Electrical power management company Eaton posted a
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