Keith Hoogland, owner of Family Video, pictured in 2017. Jamie Kripke for Forbes And in the end, there were none. Family Video, a video rental company that outlived Blockbuster by a decade, announced this week that it will close its several hundred locations after 42 years in business. The news marks the end, at long
Real Estate
One way or another, the modern house of Hadid is coming down. In Bel-Air, the unfinished mega-mansion of luxury real estate developer Mohamed Hadid is hitting the market as a development opportunity for $8.5 million. The structure at 901 Strada Vecchia Road has been a source of contention for several years after it was revealed
EL PASO, TEXAS – NOVEMBER 16: A ‘Stay Home’ sign is taped to a driver’s vehicle as she passes … [+] Christmas lights during a car caravan of nurses calling for people to remain home amid a surge of COVID-19 cases in El Paso on November 16, 2020 in El Paso, Texas. Texas surpassed 20,000
Vail, Colorado. getty The sun darts in and out from behind the clouds. Snow crunches underfoot. White ribbons of ski runs decorate the pine-dotted mountain range in the distance. This is Vail Valley in the winter. Long known for its skiing and snowboarding trails, the year-round resort area is a trendy second-home and getaway destination
Spending a lot more time at home last year led many Americans to decide it’s time to move. You might be seeking more space, relocating to a new area, or simply want to take advantage of a great opportunity (and even greater mortgage rates). If you’re one of the millions looking to move to a
In this week’s look at new luxury real estate on Forbes Global Properties, I took a look at homes selling for about $5.25 million in three of the most expensive housing markets in the world. Bel-Air, Los Angeles The Midcentury gem in Bel-Air’s Stone Canyon area features walls of glass and a sunken pool deck.
BETA This is a BETA experience. You may opt-out by clicking here Edit Story There wasn’t much good news in the commercial real estate markets in 2020, but there sure was a lot of news. Here are five stories that illuminate the most interesting and impactful developments. Vishal Garg FRED C. CONRAD/THE NEW YORK TIMES/REDUX The
Even without theater, concerts, sporting events, the unquenchable spirit at the heart of New York … [+] City beats on, not by this pandemic or any other crisis to be extinguished. getty Jerry Seinfeld will never leave New York, as he has publicly announced. Nor will Leonard Lauder. Many of those who did leave now,
Markets are roiling thanks to Covid-19, with no sign of the turbulence halting in 2021. If you own an office building, coworking space or hotel chain—well, best of luck. But if you’re trying to sell your home, now may be the best of times. To take stock of these messy times, Forbes spoke with Eric
Just some of the trends we will see this year. Elizabeth Shrier/Society Social X Ariel Okin 2020 was an important year for design because we all spent so much time at home due to the pandemic. The importance of our living spaces increased exponentially as our homes became our offices, classrooms, and gyms. The result
The real estate market is constantly fluctuating, especially during these uncertain economic times. If industry professionals hope to sell new properties or spaces in up-and-coming neighborhoods, they need foolproof ways of attracting potential buyers. The first step in attracting prospective buyers is making a strong and engaging first impression. That’s why we asked 14 members
A view of the Manhattan skyline and Central Park. getty At the start of 2020, New York City’s housing market appeared on track for a big year. The first quarter saw an active buyer pool and sellers that were responding accordingly. Then the COVID-19 pandemic turned life on its head. In the early months of the coronavirus
When COVID-19 closures first began back in March, residents of major cities like New York, San Francisco, Chicago, and Boston started heading out of town—some temporarily, some permanently. Rental buildings in New York City went from fully occupied and commanding top dollar to 50 percent vacancy, practically overnight. Many city-dwellers found themselves for the first
Wide-angle aerial view over the Ed Koch Queensboro Bridge and Midtown Manhattan, looking west getty In a borough as vibrant and busy as Manhattan, it can be hard to imagine finding a home that has access to all of the city’s excitement while also possessing the look and feel of a residential neighborhood—but those living
For real estate, as for many things, 2020 was a strange year. Despite a pandemic, a recession and unemployment that at one time hit 20 million, 6 million homes were sold and the average home price was up 5 percent. There were record low mortgage rates of course, but there’s also the fact is that
Vineyard Haven, MA. tops LendingTree’s list of Most Expensive Small Towns getty Here are the most expensive small towns with the big city housing prices according to LendingTree. The lure of small-town living has never been greater as we saw with the recent migration from city to suburbs and beyond. ADVERTISEMENT LendingTree recently analyzed the
Now is the time to refinance getty Real estate dominated the headlines this year with foreclosure moratoriums, forbearance programs and the seemingly endless decrease of mortgage interest rates. Now, on the last day of the year, the latest report from Freddie Mac shows mortgage interest rates increased just barely to 2.67%, only one basis point
The contemporary villa-style home, listed for about $3.93 million, takes in golf course and sea … [+] views from a hillside perch in Dénia, an all-season coastal community in Valencia, Spain. Immobiliaria Rimontgo If a perch where the Mediterranean stretches along the horizon is on your scorecard, cast your eyes toward this contemporary villa set
Sacramento ranks number one on realtor.com’s 2021 top markets list getty Here’s a look at realtor.com’s top markets for 2021. According to realtor.com report tech hubs and state capitals will lead the pack for home price appreciation and sales growth. This year’s top ten out of 100 markets include in order: Sacramento, San Jose, Charlotte,
Sales for the 39-story tower opened in 2016. Courtesy of Regalia Beach Developers, LLC The team marketing an oceanfront property in South Florida is looking to attract buyers for a $30 million penthouse and a $22 million furnished residence by offering a Lamborghini yacht and SUV to the new owners. Pordes Residential, the sales team