Real Estate

The Boerum Hill brownstone one-bedroom rental was small but nicely renovated. At the first open house, there were 15 appointments. Most of those renters made offers, some in excess of the $3,500 monthly asking price. The Upper West Side townhouse, renovated for sale, received an offer to rent for $35,000 before the renovation was completed

Battersea Power Station, a working coal-fired power station from about 1930 to 1980, is breathing new life into a section of London on the south bank of the Thames. The often-filmed landmark with its four towering chimneys is being transformed into a mixed-use neighborhood where high-end shops, bars and restaurants are enjoyed by residents, locals,

No real estate is perfect. That statement becomes especially clear when a seller wants to sell. Buyers will seize upon every imperfection, issue, and little piece of hair on the asset as the basis for a price reduction. Looking ahead to that process, a seller can choose from a few possible strategies. As one strategy,

History, luxury and charm all come together at an updated villa on the market in the rolling hills outside of Buonconvento, Italy. Near the city of Siena, the area is the epitome of traditional Tuscan countryside with sunflower fields, stone farmhouses and cypress-lined roads. The villa is on part of the ancient Castelnuovo Tancredi estate,

Contractors work on concrete slabs in the Cielo at Sand Creek by Century Communities housing development in Antioch, California, on Thursday, March 31, 2022. David Paul Morris | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage crossed over 7% on Tuesday, according to Mortgage News Daily. That is the highest

A major activist investor is betting stalled return-to-office plans will stir up more trouble in commercial real estate. Land and Buildings’ Jonathan Litt has been shorting REITs with high office space exposure for three years, and he has no plans to shift gears. “If you have no rent growth and your vacancies are going up

Family businesses large and small, whether involving real estate or anything else, often use a limited liability company as the ownership vehicle for the business. The founder of the business will often maintain a controlling position in the LLC, while other family members receive only an “economic interest”—the right to receive money and enough information

“New products are enhancing the outdoor ‘gathering story’ – pizza ovens, fire pits, outdoor movies, games, scenes,” according to a new study just published in May by the National Kitchen & Bath Association. The latest outdoor living spaces go far beyond great grilling centers to creating true outdoor rooms. “People changed how they entertained at

Investors looking at development opportunities may face obstacles this year as speculation about a recession looms and interest rates rise. The market uncertainty and shifting demand could cause extensive delays or abandoned developments. Property developers, who are the parties that oversee the project, will need to make tough decisions ahead. If you’re thinking about investing

Modern homes are more popular than ever, but many of us think decorating one can be achieved by purchasing the right modern furniture and decor, as if it is a formula. However, this ultimately ends up looking like someone else’s Pinterest Board or worse—a showroom. If you are in the process of decorating a modern

Beyoncé Knowles and Jay-Z are known for breaking records, and now, they’ve broken the record for purchasing the most expensive home in California’s history. Knowles and Jay-Z, who’s real name is Shawn Carter, purchased a sprawling $200 million Malibu, California estate. They reportedly got a discount, as the home was privately listed for $295 million.

Commercial real estate owners and managers are under more pressure than ever to show creativity and uncover new sources of revenue as office occupancy continues to underperform its pre-pandemic levels. Few options are off the table, from community-oriented flex space to rooftop restaurants and party venues. Add to this mix data centers, which are increasingly

One of the boat ramps at Callville Bay Marina no longer reaches the water on April 16, 2023 in Lake Mead National Recreation Area, Nevada. Rj Sangosti | Medianews Group | The Denver Post via Getty Images The Biden administration on Monday announced that it’s reached an agreement with states reliant on the Colorado River

An entrepreneur wants to create a small business. So they set up a corporation or a limited liability company online, because they know that’s how you’re supposed to do it. That way, your personal assets aren’t supposed to be at risk if the business fails. It’s a good insurance policy. A recent New York case

Juniper and pinon trees dot the open rolling terrain. Mountaintops stretch along the far horizon. Beyond them, the setting sun leaves pink and gold traces across the darkening sky. This contemporary adobe set on 1.2 acres in Santa Fe, New Mexico, makes the most of privacy, views and new construction convenience. Completed in 2020, it

The city of Vaughan, north of Toronto, Canada, is long on cultural and natural attractions. Canada’s Wonderland amusement park, the McMichael Canadian Art Collection, the quaint Kleinburg Village old town area, the 800-acre Kortright Centre for Conservation and the Vaughan Mills shopping center are among the draws. Vaughan is also filled with family-friendly neighborhoods, an

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Starting next week, the first of 8,000 Amazon employees will begin moving into one of two brand new 22-story towers in Arlington, Virginia. Move-in is expected to be complete by the end of the summer. Amazon’s HQ2, formally called Metropolitan Park, has many features that

A lot of time is dedicated to providing advice to first-time homebuyers – as it should be. However, selling a house for the first time can also be a bewildering experience. These sellers are navigating what, for them, is unchartered waters, and missteps can keep their home on the market longer, or cause them to

Palm Springs is one of the best destinations for interior design and architecture lovers to visit. The city has true character and a rich history with beautifully designed homes and hotels. It almost feels like stepping into a time machine. Many of the properties have a retro-inspired yet authentic vibe, especially the Fleur Noire Hotel.

They say the kitchen is the heart of the home, but that heart may be moving outside, according to a recent survey of top real estate agents worldwide. A recent Luxury Agent Poll conducted by Forbes Global Properties revealed that the single-most sought-after home amenity in 2023 is an outdoor kitchen. The continued outdoor migration

Whenever any real estate changes hands or gets refinanced, the closing typically happens through some form of third-party escrow. The seller signs the transfer or mortgage documents and gives them to a trusted third party, the “escrowee.” The buyer or new lender gives the escrowee some money. The escrowee then makes sure the closing conditions