Many real estate agents thinks the proposed pied-à-terre tax would have a dampening effect on an … [+] already sluggish market. getty New York State lawmakers have made a few attempts over the years to institute a one-time fee on the purchase of luxury-priced non-primary residences, but the so-called pied-à-terre tax has not come to
Real Estate
SHANGHAI, CHINA – APRIL 12: Adam Neumann, co-founder chief executive officer of WeWork, and Victor … [+] Fung Kwok-king (R), chairman of Fung Group, attend a signing ceremony at WeWork Weihai Road flagship on April 12, 2018 in Shanghai, China. World’s leading co-working space company WeWork will acquire China-based rival naked Hub for 400 million
Erik Hayden is the Founder and Managing Partner of Urban Catalyst. getty “Location, location, location.” That’s what every real estate expert has been telling property investors since the dawn of time are the three most important indicators of value and profitability. Why would it be any different when considering which opportunity zone fund to invest in,
TOPLINE With the global tourism industry hard hit by the coronavirus pandemic, French hotel company Accor is considering a potential merger with British rival InterContinental Hotels—a move which would create the largest hotel group in the world, daily newspaper Le Figaro reported. Shares of both Accor and InterContinental Hotels rallied on Thursday. Eric Piermont/AFP via
The Britely is newest social club on the Sunset Strip. The Britely Prior to the pandemic, social clubs were becoming the urban version of country clubs in Los Angeles. Although there has been a pause due to the pandemic, Angelinos are definitely looking forward to spending more time outside their homes in the near future.
Founder and CEO of Network Capital Funding Corporation writing about trends in the mortgage industry. getty You may have noticed that the response to the Covid-19 pandemic has meant shifts in the way that businesses operate, with a common theme being less face-to-face interaction. Certain industries have implemented fundamental changes with no clear expiration date, and lending
TOPLINE Home-sharing giant Airbnb has filed confidential paperwork for an initial public offering, the company announced Wednesday, paving the way for a potential public markets debut later this year. Airbnb has resumed its efforts to go public this year, despite fallout from the pandemic. Stefanie Keenan/Getty Images KEY FACTS The company announced that it had
LOS ANGELES, CALIFORNIA – DECEMBER 01: Dirk Nowitzki attends a basketball game between the Los … [+] Angeles Lakers and the Dallas Mavericks at Staples Center on December 01, 2019 in Los Angeles, California. (Photo by Allen Berezovsky/Getty Images) Getty Images Dallas Maverick all-time leading scorer Dirk Nowitzki is a legend in Dallas. And now,
Here is the thing about living in Houston: it’s a high rise city that loves its parks. Still, high rise dwellers here often crave a “backyard”, a touch of nature, even though their home may be on the 15th floor with glorious city views. That’s one reason why one of the city’s older, most storied
Real estate visionary, Sr. Managing Partner at ABI Multifamily, and Co-founder of Neighborhood Ventures real estate crowdfunding company. getty Commercial real estate as a whole may be taking a hit during the pandemic, however among CRE investments, Phoenix multifamily has a number of factors that point toward long-term stability. And while I can’t give you a
Clark Twiddy is the President of Twiddy & Company, a hospitality and asset management firm along North Carolina’s Outer Banks. getty North Carolina’s Outer Banks have long been a favorite vacation destination for those looking to relax and enjoy the natural beauty the area has to offer. During the summer months, a year-long population of around
Principal at Cardinal Industrial, an industrial investment firm with over $500 million of assets under management: www.mcgrathindustrial.com getty How did an asset class go from the ugly duckling of the investment world to the darling in such a short period of time? By now, almost all consumers are intimately familiar with online shopping. Online shopping or
Home recently sold, how to capture low interest rates getty Mortgage rate have been volatile this year due to COVID-19. Although mortgage rates rose today for the first time in 3 weeks, they still are considered low. Here’s how they moved this week. The 30-year fixed-rate mortgage averaged 3.13% APR, an increase of nine basis
The relationship between landlord and tenant varies from person to person. In some cases, the relationships may form effortlessly, while in other cases, the two sides just can’t seem to find common ground and eventually have to move on. It takes considerable effort from both parties to create and maintain a good relationship. For the
This Missouri home has more than two standard bedrooms. It is adjacent to a nine-cell jail. Justin Radel Do you want to buy a house with a jail attached? Or view a home with a highly unusual ceiling? Or maybe you can appreciate the legendary Bigfoot making an appearance in your potential abode? Social media
Recent stories are documenting Covid’s negative impacts on New York, especially how the pandemic is accelerating and deepening racial and economic inequality. But New York has weathered worse storms than Covid. Washington must provide budget help for New York and other cities. NEW YORK, NEW YORK – MAY 12: A view of The Shops at Hudson
Aaron Marshall is CEO & Co-Founder of Keyrenter Property Management, the nation’s leading property management and real estate franchise. getty When starting a business, one of the biggest pressures we put on ourselves is to have this outstanding, never-before-seen concept or idea. Yet every professional businessman or woman will point to a certain person or company and
New York’s real estate market is in wait and see mode getty Here’s the latest news on New York City’s real estate market from brokers with “boots on the ground.” After more than three months in lockdown when New York’s brokers and agents were not allowed to show properties, the market is up and running again—kind
SoftBank Group chairman and CEO Masayoshi Son. (Photo by Tomohiro Ohsumi/Getty Images) Getty Images This spring, SoftBank, the Japanese conglomerate helmed by Masayoshi Son, backtracked on an offer to buy up to $3 billion of WeWork shares, a deal that would have netted the coworking firm’s cofounder Adam Neumann nearly $1 billion. It seemed, at
America’s cities and their suburbs have experienced comparable market dynamics when it comes to the … [+] days homes spend on the market, the number of pending sales, the share of abodes selling above their asking price and the overall growth in home values. getty Since the onset of the coronavirus pandemic, numerous headlines have