Finance & Mortgage
2016 Is Going to be Big for Caribbean Property Markets
Mumbai Real Estate: The Oberoi Realty Has Sold 645 Housing Units in the Third Quarter of This Fiscal Year
Hedge Fund Sees Macy’s Real Estate Assets as Key to Retailer’s Future
EDITOR'S PICKS
-
Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
-
Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
-
How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
-
What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
The two media companies will remain in their Midtown headquarters at 1211 and 118 Sixth Avenue where their lease will end until 2020. Celebrity Real Estate: Musician Joe Jonas is Hunting for a Chelsea Penthouse Along With Brothers, Nick and Kevin
The three siblings, Joe Jonas and his two brothers, recently looked at a penthouse duplex at 560 W. 24th Street. Celebrity Real Estate: Danny Meyer Closing a Deal to Run a New Events Place on 28 Liberty Street
The famed restaurateur is the force behind Gramercy Tavern, Union Square Café, and The Modern, among others. Celebrity Real Estate: The Chelsea Duplex of Bobby Flay is Listed on the Market
The star chef had just finalized a bitter divorce with actress Stephani last Summer, and has now put their property up for sale. East Boston Real Estate: Homes That Can Be Bought for $500,000 and Under
What property can be bought by $500,000 or less in East Boston? Here are a few, luxurious homes which are being sold at less than half a million dollars. Total Assessed Value of New York City Properties Surpass the $1 Trillion Mark; Is this Good News or Bad News for Property Owners?
New update from the Finance Department shows how lucrative NYC properties are especially real estate in Brooklyn. Will these be good news for property owners in the city? New York City Seizes 75,000 Square Feet of Beach in Coney Island
New York City, under the administration of Mayor Bill de Blasio, will grab 75,000 square feet of boardwalk property in Coney Island as part of a long-delayed economic development in the area.The eminent domain seizure includes three beachfront properties and two smaller properties located on West 12th and West 23rd, which totals to 75,000 square feet. The city failed to strike a "fair-market" deal with the owners but managed to secure the seizure of a 60,000-square-foot land that once housed the famous "Thunderbolt" wooden roller coaster which was featured in the movie "Annie Hall" but was demolished in 2000. The said plot where the rollercoaster once stood is owned by screenwriter Peter Shaffer. Commercial Real Estate: Walmart and Macy's Shut Down Stores Nationwide
Two of America's largest retailers have recently announced store closures and lay offs. Walmart is closing 269 stores nationwide, including stores under the Express, Neighborhood Market and Supercenter names. Macy's is also closing 40 stores in the early part of 2016.The said closures are forecasted to create a "domino effect" for malls. Once large stores like Macy's and Sears close, it will be hard for mall owners to replace them, related Davidowitz & Associates Chairman Howard Davidowitz. Retail Vacancies in Soho on the Rise
Soho, one of New York's largest and trendiest shopping districts, seems to be as busy as ever. During weekends, retail stores along Broadway and West Broadway, are teeming with New Yorkers and tourists but behind the robust activity, numbers reveal that retail vacancies in the neighborhood are on the rise. Title Insurers Ask for Limits to Disclosure Requirements
The American Land Title Association (ALTA), a group composed of more than 5,500 title companies nationwide, asked officials of the Treasury in a letter dated January 13 to restrict the transparency program to specific residential deals and sought exemption in cases where a third party holds part of the money involved in the transaction.
