News

New York's Governor Cuomo Claims $100B Development Plans Will Make Rockefeller 'Jealous'

"The tallest buildings, the longest bridges, the deepest tunnels -- they never said quit. Now, it's our turn my friends," Cuomo challenged New Yorkers. "We must provide the daring and vision for the next generation."

US Treasury Department to Track Anonymous Buyers in Luxury Real Estate

The US Treasury Department has rolled out a program in New York and Miami that will closely monitor all-cash purchases of luxury apartments. The said program requires the identification of anonymous buyers involved in transactions about $3 million. Title insurance companies are now obligated to track down the name of their buyers and submit the information to a database that the Treasury Department will make available to law enforcement.

Global Milestone Reached: There are Now Officially 100 Supertall Skyscrapers in the World

The Council on Tall Buildings and Urban Habitat officially confirmed 432 Park Avenue as the 100th supertall building in the world when the 1,396-foot tall condo tower sold its first unit meeting the council's "partially occupiable" criteria.
EDITOR'S PICKS