Signage is seen at The Collection at Morristown, a housing development by Lennar Corporation, in Morristown, New Jersey, November 13, 2021. Andrew Kelly | Reuters Mortgage rates last week rose for the sixth straight week, causing demand for home loans to drop to the lowest level since 1995. Total application volume fell 6.9% compared with
A contractor works on a new home under construction in Tucson, Arizona, on Tuesday, Feb. 22, 2022. Rebecca Noble | Bloomberg | Getty Images Builder confidence in the market for single-family homes dropped to the lowest level since January, as builders contend with a market dominated by high mortgage rates and costs for financing. The
A Pacific Northwest compound specifically built to showcase works of art has listed for $5.5 million. The unique property, named Art Häus, was completed in 2006 and designed to be the perfect space to display certain pieces within its current owners’ collection. In 1997, the art collectors Craig and Linda Fiebig dropped $1.27 million on
In this article NWSA Follow your favorite stocksCREATE FREE ACCOUNT Activist investment firm Starboard Value is pushing for change at News Corp. – in particular to see its real estate business separated from the rest of the company. Starboard CEO Jeffrey Smith told CNBC’s David Faber on Tuesday that the firm is building a position
In this article .HSI 2007-HK Follow your favorite stocksCREATE FREE ACCOUNT Country Garden shares tumbled to fresh eight-month lows Monday, extending losses on renewed debt fears for the Chinese property sector. Future Publishing | Future Publishing | Getty Images All of Country Garden‘s offshore debt could potentially be in default if the Chinese property developer
Vornado Realty Trust is doubling down — make that chowing down — on its near $2 billion investment in its redeveloped Penn Station-area office towers. The latest catch for the publicly traded giant is a 150-seat outpost of the Bromberg brothers’ Blue Ribbon empire at PENN 1, The Post has learned. It’s Vornado’s boldest gastronomic
This downtown Manhattan home is out of this world. Actor Anthony Rapp — who made his name on Broadway in “Rent” and went on to play the openly gay Lt. Cmdr. Paul Stamets on “Star Trek: Discovery” — has listed the East Village loft he shares with his husband, life and leadership coach Ken Ithiphol, for $3.85
Bon voyage! Life on dry land always seemed to leave Mike Soroker, 80, thirsty for more. And so, after taking just four cruises with wife Barbara, 75, and loving them all, the restless retirees made a dramatic decision — to buy a condo on a cruise ship and enjoy their final years sailing around the
This gilded estate offers some real Garden State glamour. In Saddle River, New Jersey, this approximately 16,000-square-foot megamansion is looking for a new owner — and one with an appreciation for opulence. Custom constructed by one beauty-industry executive for another, the property has seven bedrooms and 14 bathrooms spread over three stories — and is
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google has opened its first west coast visitor Experience” center which is located by its Mountain View headquarters. Mark Wickens Google is opening a sliver of its main campus to the general public starting this week. The company opened its doors to what it’s calling
These eateries are well on their way to food world stardom. On Wednesday, the Michelin Guide released the names of 11 establishments its dining inspectors determined to be worthy of addition to this year’s Michelin Guide New York. Being included in the Guide, while not on par with or a promise of receiving a coveted
Prospective buyers visit an open house for sale in Alexandria, Virginia. Jonathan Ernst | Reuters The housing market is dealing with a number of “tricky” dynamics, according to Tracy Kasper, the president of the National Association of Realtors. “What we’ve experienced over the last probably 12 to 18 months is what I really like to
According to the IMF’s October update of its World Economic Outlook, China’s economy will grow 5% in 2023, a decrease from an earlier forecast of 5.2%. Future Publishing | Future Publishing | Getty Images China’s old economic model of relying on investments in real estate has “run its course” and the government needs to consider
This area businessman is slowly taking over one of the city’s grimier subway stations. The same man who opened a bar in the 50th Street downtown 1 station has now also cut the ribbon on a coffee shop mere steps away. Subterranean Midtown magnate Adrien Gallo is now the proprietor of not just the commuter
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