This turn-of-the-century, and tricked-out, Upper East Side townhouse asking $15.99 million has found a buyer. The seller is Ronald Dickerman, founder of real estate private equity firm Madison International Realty. Dickerman bought the home 10 years ago for $15.5 million, via a shell company, according to property records. The 21-foot-wide residence, at 159 E. 61st
Residential buildings in Hong Kong, China on October 23, 2023. Vernon Yuen | Nurphoto | Getty Images Hong Kong’s leader John Lee this week eased the city’s decade-old residential property cooling measures — but questions remain on whether it’s enough to boost market sentiment and low transaction volumes for the private housing sector. “Although relaxation
A townhouse for sale in the Upper East Side neighborhood of New York City. Adam Jeffery | CNBC Mortgage demand has essentially stalled at the slowest pace since 1995 as mortgage interest rates continue to rise. Total application volume dropped 1% last week compared to the previous week, according to the Mortgage Bankers Association’s seasonally
A slice of comedic history is now up for grabs, as the late, great Robin Williams’ former San Francisco abode — adorned with secret rooms and hidden passageways designed for his children — is set to make waves in the real estate world with a jaw-dropping price tag of $25 million. The captivating tale of
In this article RDFN Follow your favorite stocksCREATE FREE ACCOUNT Thomas Barwick / Getty As home prices and interest rates rise, would-be home buyers need a salary of $114,627 to afford a median-priced house in the U.S., according to a recent report by real estate site Redfin. If you want to buy in one of the most
Nurphoto | Nurphoto | Getty Images As mortgage rates reached a 23-year high last week, the cry went off across markets and social media: Is housing affordability dead? Has a version of the American dream — home ownership, kids, backyard barbecues — died with it? The question is sharp because housing affordability has dropped by
A clerk of ICBC bank counts Chinese 100 yuan at its branch in Beijing. Kim Kyung-Hoon | Reuters BEIJING — Chinese authorities late Tuesday announced one of the biggest changes to the national budget in years, along with the issuance of 1 trillion yuan in ($137 billion) in government bonds. But state media made it
A California home used as a bomb and meth making operation before it was raided by the FBI earlier this year is now on the market for a whopping $1.55 million — and a buyer will have to foot the bill to decontaminate the property. The 2,743-square foot, 6-bedroom house located on a quiet cul-de-sac
Former President Donald Trump’s former lawyer Michael Cohen arrives for former attorney Michael Avenatti’s criminal trial at the United States Courthouse in the Manhattan borough of New York City, Jan. 24, 2022. Jeenah Moon | Reuters Michael Cohen, the former personal lawyer and fixer for Donald Trump, is set to begin testifying Tuesday in the
The historic mews house where The Fab Four famously came together to stay back from adoring followers has hit the market. The property, located on Charles Street in the West End of London’s tony Mayfair district, includes both a mansion-grade townhouse and its adjacent mews house — a now-sought-after residential property type originally built to
Shapecharge | E+ | Getty Images The federal estate-tax exemption helps wealthy families avoid or reduce inheritance tax, but the clock is ticking on the size of this advantage. In 26 months, some families that pay no inheritance tax today face the potential for sizeable federal taxes unless benefactors act. Though few families have enough
In this article US10Y Follow your favorite stocksCREATE FREE ACCOUNT The yield on the benchmark 10-year Treasury topped 5% again Monday, a key level that could impact mortgage rates, student debt, auto loans and more. Last week, the 10-year yield crossed the 5% threshold for the first time in 16 years after Federal Reserve Chair Jerome
JPMorgan Chase is spending an estimated $3 billion to erect a new headquarters skyscraper at 270 Park Ave. But according to a top analyst in the bank’s own asset and wealth management division, companies should think twice about investing too much in New York City. The Big Apple ranks behind 18 other US cities — including such second-tier
A townhouse for sale in the Upper East Side neighborhood of NYC. Adam Jeffery | CNBC Sales of previously owned homes dropped 2% in September from August to a seasonally adjusted, annualized rate of 3.96 million units, according to the National Association of Realtors. Sales were 15.4% compared with September 2022. This is the slowest
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