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.
The island paradise on which Harry and Meghan were said to have had a secret getaway is up for sale for $79.5 million. Exotic property broker Vladi Private Islands says the listing — dubbed the “Ultimate Package” and billed as the perfect Christmas present — features Kaibu Island in Fiji’s Lau archipelago. The then-newly-married couple
Feeling shut out of this hot market? Maybe some FOMO — fear of missing out. You’re not alone. The S & P 500 keeps plowing through record highs in the first week of December after November posted the best monthly gains of the year. All that buying, however, has pushed the market into overbought territory,
Grace Hightower, the actress and ex-wife of Robert De Niro, is ready to turn the page on another chapter of her life. Following the onetime couple’s high-profile 2018 split, Hightower has secured a buyer for the sprawling Central Park-facing co-op they shared in the Brentmore, a storied Upper West Side address once home to celebrities
In this article MAC Follow your favorite stocksCREATE FREE ACCOUNT Say hello to life at the mall. The classic American mall is undergoing a dramatic transformation as real estate developers swap out dying department stores for apartments, ushering in an era where living at the mall could soon become a new norm. Some U.S. developers
Prospective buyers attend an open house at a home for sale in Larchmont, New York, US, on Sunday, Jan. 22, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale. That fueled mortgage demand last week, as consumers looking to refinance
Fotostorm | E+ | Getty Images If you need to get a mortgage to buy a house, make sure your finances are in order — especially your debt-to-income ratio. Your debt-to-income ratio is all your money debt payments divided by your gross monthly income. It’s the “number one way” lenders measure your ability to manage
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