With a white-hot real estate market and so many people moving, you’re bound to need a housewarming gift or two these days. But why go for generic flowers or yet another bottle of wine when you can choose something that’s truly meaningful? Whether you need to buy a luxury housewarming present, an eco-friendly gift, or
Real Estate
Wellness real estate has been seeing double digit growth in recent years, even during the pandemic. All 10 international markets saw that level of expansion in the three years prior to Covid-19’s onslaught, according to the nonprofit Global Wellness Institute, which held its Wellness Real Estate and Communities Symposium this week in New York. “The
Managing Partner, Capital Markets at PIA Residential. As a real estate private equity firm operating in the multifamily acquisition space, my company receives an abundance of feedback and questions regarding our predictive financial modeling. One of the most prevalent questions is regarding the returns. We are often told by investors that they “see opportunities with a
This week will witness the 90th anniversary of the unveiling of New York City’s famed Waldorf Astoria Hotel on October 1, 1931. Following an unprecedented restoration, the structure for the first time is offering the opportunity to own one of 375 residences within The Towers of the Waldorf Astoria, starting from $1.8 million. With history
Leasing a commercial property is a huge step for a business. The right space in the right location can attract ideal customers and take an entrepreneur’s business to the next level. The key to unlocking this business potential lies in a property’s lease. When a prospective commercial property seems to have everything perfectly in place,
Today HomeGoods finally launched its long-awaited e-commerce platform. This is a huge leap for the brick-and-mortar big-box retailer which has 820 stores in 47 states. A division of TJX Companies, Inc, HomeGoods is one of the nation’s leading off-price retailers of home decor. “We are excited to expand HomeGoods’ digital footprint so customers can shop
A recent New York case underscored just how easily an exchange of email messages can create a binding contract. Though the dispute involved a litigation settlement evidenced in an exchange of emails, the same principles would apply in real estate contracts or any other area of commerce that involves written agreements. New York’s procedural rules
Vice President at CBRE | Founder of Marketing Real Estate. Homeownership has long been accepted as a core component of the American dream, as it confers several economic benefits on homeowners, including the ability to accumulate wealth by accessing credit, building equity and reducing housing costs. According to data from the U.S. Census Bureau, homeownership has
The 2022 paint colors of the year trend towards tranquil, neutral, organic and green. Gone are the intense, saturated hues of the past, and gray, which dominated décor for a while, is definitely in the rear view mirror. From Behr we have Breezeway, a tranquil, pale green-blue hue. Olive Sprig, PPG’s color of the year,
Traditionally, Northern Manhattan and the Bronx have been led by the multifamily asset class. The market for development site sales also primarily focuses on this asset class, with affordable and rent-stabilized housing leading the market. While the Bronx has lately seen a huge resurgence of interest in industrial properties and Northern Manhattan has a growing
Supply chains have been a complicated issue since the beginning of time, in all types of situations, from the battle field to the project site. In the case of the battlefield, lives were on the line as supplies weren’t able to get through the devastated landscape and the broken lines of transportation. For housing, affordability
Eugene is the Founder of The Litvak Team @ Compass — one of the top producing and largest teams at Compass. If you’ve been paying attention to real estate headlines lately, you know that the New York City market is on fire. In the 15 years or so that I’ve been in the business, I’ve never
The American Institute of Architect’s latest Home Design Trends Survey of its professional members shows the powerful impact the pandemic continues to have on our living spaces, compounded by other natural disasters. Released September 22, this quarterly study showed a sharp uptick in demand for outdoor improvements, multiple home offices, exercise spaces, and safety features
Real estate financing often includes something more than an ordinary mortgage loan. A borrower often obtains additional funds through a separate mezzanine loan, secured by a pledge of ownership interests in the entity that owns the mortgaged real estate. Because those ownership interests are not real estate, the lender’s rights are governed by the Uniform
Buried in a 10-page report from Moody’s Analytics detailing the catastrophic economic impact if Congress fails to raise the debt ceiling – for starters, a U.S. default could wipe out 6 million jobs and $15 trillion in wealth – is a line about the mortgage market and home loan rates. “Treasury yields, mortgage rates, and
Another day, another record for Dubai’s high-end real estate scene. On the manmade marvel Palm Jumeirah, a prized super-penthouse has sold for about $23.5 million (approximately AED 86 million), making it among the most expensive penthouses ever sold in the United Arab Emirates city. The massive duplex residence is one of about 90 units within
With ocean views and a blanket of greenery surrounding it, one might think this custom compound is set on the North Shore of Kauai. In actuality, the $29.95-million estate is across the Pacific—nestled among 140 acres of organic avocado groves in Somis, California, a quiet community located halfway between Beverly Hills and Santa Barbara. Built
Bungalow 5 is one of the top furniture brands that isn’t on the tip of everyone’s tongue. That’s because it is one of the few that has chosen not to sell directly to consumers. Still, Bungalow 5 has been incredibly successful, celebrating twenty years of business in 2021. While this is a different approach to
A spring break hotspot for decades in the 20th Century, Fort Lauderdale, Fla. has over the past 20 years matured into a city better known for luring corporate campuses than college kids. “What once was considered a vacation-only destination, Fort Lauderdale is thriving and poised to continue attracting high-profile businesses, an emerging talent pool and
Amid the chaos surrounding concerns about debt payments by China’s property developer Evergrande Group, it’s good to be the chairman. Although Evergrande Group’s 80% stock decline so far this year has made a dent in its billionaire founder and chairman’s fortune, Hui Ka Yan will remain extraordinarily wealthy even if the company collapses under the
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