News

"Terms of Endearment" Home Sells for $2.85 Million

The home - which served as the residence of astronaut Garrett Breedlove (Jack Nicholson) in the 1983 comedy drama "Terms of Endearment" - sold for $2.85 million.

Shigeru Ban will be “Very Careful” about Choosing Projects after Pritzker Prize

Shigeru ban, the Japanese architect who has become the "god of cardboard," accepted the Pritzker prize earlier last week adding that the accolade - though it means a lot to him - will not change the way he works. In fact, he will take up fewer projects and be "very careful" about what he takes up, the startchitect told journalists.

Dubai Real Estate Bubble: Is the Government Doing Much to Curb Risks?

After the UAE Central Bank released a statement that flagged Dubai's property market as a major potential threat to the economy, concerns about a looming asset bubble have been mounting. So what is the government doing to avert a 2008-like crash this time?