Having been approved by the International Code Council within the 2021 International Building Code (IBC), mass timber construction stands ready to change a lot of thinking about how New York City buildings can be constructed from here forward. The newly-constructed Timber House project in Park Slope, Brooklyn, provides the latest evidence of mass timber’s potential.
Real Estate
Cody and Zach Vichinsky changed the luxury real estate game on Long Island by specializing in properties worth more than $10 million, including homes seen on Succession and in Wall Street. So why is greed no longer good? By Luisa Kroll In August 2021, Bespoke Real Estate in Water Mill, New York, secured the exclusive
When tech giant PayPal acquired Honey, a browser extension that aggregates and applies online coupons, for $4 billion in 2019, the sale made co-founders George Raun and Ryan Hudson worth a combined $1.5 billion. And what to do with that kind of money? A lot, apparently. Raun first purchased this Bel-Air home in 2020 for
The week ending July 9 saw active inventory in the housing market continue to grow at a double-digit annual pace, even as new sellers took a step back from the market around the 4th of July holiday. “This year’s summer housing markets are feeling the heat of record-high home prices on top of scorching inflation
Don’t call it a gym, don’t call it a social club, the recently opened Heimat, is an entirely new concept that embraces the wellness-centered lifestyle housed in a space that takes interior design to unparalleled levels. The club has a variety of amenities found in both gyms and social clubs all in one place with
Less than a year after closing a $4 million seed round, the cash-back-for-renters platform Stake announced the close of its Series A totaling $12 million, and a $52 million valuation, a valuation being reported exclusively here. The round was led by RET Ventures who included Stake as one of the first investments for their new
Antiquity and Silicon Valley are two concepts often not paired together. The very name of the region roughly shaped by the San Francisco Bay, Santa Cruz Mountains to the west and Diablo Range to the east is synonymous with technological innovation—where the future, not the past, is king. However, a hundred years ago this wasn’t
The United States doesn’t want for scenic summer destinations, and, with a waning Covid epidemic and difficult air travel, American families are taking to the roads. Some of this country’s favorite historic destinations also sponsor delightful special events during the summer; some of those special events have become historic destinations in themselves. Here are a
Known as the Black & White House, this custom contemporary home reveals its stunning architectural beauty the moment you drive up. Located on a wooded acre lot, the five-bedroom home was built in 2007 by David Jameson, a renowned local contemporary architect. “David Jameson is one of two modern architects in our area and he
Few places seemed more risky during the early, pre-vaccine peaks of the Covid-19 pandemic than nursing homes and senior housing facilities. That includes Arbor Court Retirement of Topeka, the oldest retirement community in Topeka, Kansas. “There was a lot of fear,” says Linda Clements, the director of business development at Arbor Court of Topeka, an
Home payments have gone way up due to higher house prices and rising mortgage interest rates. But how much of the increase in payments comes from price and how much mortgage rate? It turns out that interest rates are the bigger factor, but higher prices also play a large role. In the past 12 months,
History abounds inside a barn and silo that have been transformed into a luxury residence in suburban Philadelphia. The stone Bank Barn, built in 1801, was entirely renovated into a modern home in 1990 with the original silo converted into four stories of living space. “This is the first time the home has been offered
Most building owners and property managers recognize the need to develop and initiate a net-zero action plan, but a confusing array of regulations, pathways and metrics—constantly changing and different from state-to-state—are holding up progress. A net-zero commitment is an aim to become carbon neutral (removing or offsetting the same amount of carbon that is emitted
A gated beachfront estate in Kailua, Hawaii that’s on the verge of becoming the most expensive residential sale in Oahu’s history is on the market for $30.5 million. Designed by Gast Architects of San Francisco, the home achieved a Leadership in Energy and Environmental Design (LEED) gold certification for its documented building standards. The LEED
All of the real, inflation-adjusted U.S. home price appreciation from 1990 to 2021 was due to falling interest rates, at least according to this simple analysis. U.S. mortgage rates may never go lower than they were last year so the multi-decade Great Appreciation of house prices is now over. Decades of Falling Mortgage Rates In
The majority of jurisdictions across the country are struggling with housing affordability issues. To address the issue, many are reconsidering the zoning that they have in place to open up the possibility for more and different types of housing development, leaning toward higher density that will lower costs for renters and owners. However, this is
With impeccable designs and attended-to grounds, it’s hard to imagine what the sites of renowned estates looked like before construction. But at one point, notable estates and exclusive resort properties were just plots of untouched land. As luxury real estate markets across the world continue to struggle to meet a persistent demand, developers are now
Villa Ada, situated above Lake Maggiore, was built in 1866 by the Trubetskoy family. The family descends from Dmitry of Bryansk, who was the son of Algirdas, ruler of medieval Lithuania. Pyotr Trubetskoy, a Russian diplomat, moved to Italy in 1865 on a diplomatic mission. There he met Ada Winans, an American lyric singer. The
The five hottest U.S. cities in the summer are Phoenix, Las Vegas, Tucson and San Antonio, each often reaching into the triple digits. “Extreme heat events can be dangerous to health – even fatal. These events result in increased hospital admissions for heat-related illness, as well as cardiovascular and respiratory disorders,” according to the CDC.
For the New York real estate market, the first quarter of 2022 delivered the same high volume of sales and competitive bidding situations as the latter months of 2021. However, towards the end of March a breath of slowdown crept in. Throughout the second quarter that slowdown has accelerated: fewer signed contracts, fewer bidding wars,
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