In the realm of repositioned “Cinderalla” buildings, Milstein Properties’ 22 Vanderbilt – once known as 335 Madison Ave. – stands with the most elite. The Madison Avenue tower between East 43rd and 44th streets recently landed five new leases totaling 460,000 square feet, bringing the 1.19 million square-foot address to 91 percent leased. None of the
In most presidential election years, home prices aren’t a key issue for voters or a major campaign talking point. Consider it another way in which the 2024 election is anything but typical. With mortgage rates up and home prices out of reach for many first-time buyers, the affordability crisis is increasingly in the spotlight as
A recent analysis by ResiClub of the Case-Shiller National Home Price Index has unveiled a jaw-dropping surge in US home prices, soaring a lofty 47.1% since the dawn of this decade. The boom witnessed in the early years of the 2020s has outpaced not only the growth of the 1990s and 2010s — but is
We all know what tiny homes are, but have you ever heard of a skinny home? What originally began as plans to construct a single-family residence in Washington, DC, suddenly shrank when the city unexpectedly changed its zoning laws. “The developer bought the property, thinking it could be a four-story home that was 15 feet
Wendy Williams’ cherished Manhattan penthouse, once hailed as her dream abode, has been sold off by her guardian, The Post has learned. The transaction, which closed on May 10, occurred only several years after Williams acquired the Financial District property. It’s also the latest chapter in Williams’ ongoing legal and personal challenges after being diagnosed
Change is coming for this famed Florida island, and longtime locals are fighting it tooth and nail. While nearby South Florida locales, including adjacent West Palm Beach, have been built up with shiny, modern buildings in recent years, the South End section of Palm Beach has remained resolutely unchanged — until now. This corner of
Joan Didion’s Upper East Side apartment has officially been spoken for — and now, it’s poised to move onto its next chapter. After the four-bedroom residence hit the market for $7.5 million in January 2023, about a year after the 87-year-old “Slouching Towards Bethlehem” author passed away in the unit in December 2021, the unit
In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT Vitapix | E+ | Getty Images People looking to buy or sell a home this spring are paying close attention to mortgage rates. The average 30-year, fixed-rate mortgage rose to 7.17% for the week ended April 25, according to Freddie Mac data via the Federal
Saudi Arabia’s economy minister rejected recent reports that the kingdom’s $1.5 trillion NEOM megaproject, a futuristic desert development on the Red Sea coast, is scaling back some of its plans. “All projects are moving full steam ahead,” Faisal Al Ibrahim told CNBC’s Dan Murphy on Monday at the World Economic Forum’s special meeting in Riyadh.
News that the Rudin family apparently plans to sell 80 Pine Street to Joseph Hoffman’s real estate company Bushburg for a lowball $160 million marks a poignant turn in the property’s history. The building which the Rudins reportedly hoped would fetch $200 million held a special place in the dynasty’s heart. When company legend Lew Rudin
In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT While the spring housing market has been plagued with low supply, high prices and spiking interest rates, would-be homebuyers are focusing on new construction. The reason? New homes have more incentives and availability than previously owned ones. “There’s more opportunity in new construction,” said Nicole
The only current fruit of a pandemic-era program designated to create affordable housing is entering the next stage of its development in Queens. The 350-room JFK Hilton is well on its way to becoming perhaps the only byproduct of a program intended to convert hotels into permanent residences for low-income and formerly homeless New Yorkers,
A picturesque Park Slope brownstone that fashion icon Jenna Lyons sold to Erasure and Depeche Mode’s Vince Clarke and his late wife, the music publicist and film producer Tracy Hurley Martin, has traded hands once again. The historic 1880s home, at 178 Garfield Place snagged $5.99 million, according to city property records. Lyons, always a
A residential real estate sold sign is seen in Washington, D.C. Brendan Smialowski | AFP | Getty Images Mortgage rates rose for the third straight week last week, hitting the highest level since November. As a result, mortgage application demand dropped 2.7% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted
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