News

US Treasury Goes After Luxury Real Estate, Tracks Secretive Buyers

The U.S. Treasury is now looking into luxury real estate and properties, in an effort to find and track secretive buyers. The move is due to the growing concern regarding illicit money used to purchase these high-end properties.

Growing Tribeca Real Estate Salvages Junk Bonds of New York Law School

As it turns out, putting up New York Law School in Manhattan's Tribeca neighborhood is a good move - the location might just help strengthen the school's future finances.

Real Estate News: No More Secrecy in Buying Luxury Property; U.S. Regulates LLC

The Real Estate Industry may have possibly been used for money laundering. To prevent this from really happening, U.S. has regulated the use of LLC in buying luxury properties particularly in Manhattan and Miami.