NYC Real Estate News

Sat, 03/17/2018 - 17:00
The White House has begun its “big push” on President Donald Trump’s infrastructure plan and center stage will be Trump’s adviser and daughter, Ivanka Trump. An official told the Wall Street Journal, the younger Trump will be reprising her role from last fall when she went on a cross-country series of speeches and appearances to promote the tax overhaul. This time, she’ll be trying to convince the nation to support her father’s $200 billion spending plan […]
Sat, 03/17/2018 - 16:06
Brokers in Tehran are caught between a rock and a hard place in what’s become a “very speculative” market. As Iran’s currency wavers with news of its domestic and foreign political dealings, people worried about the devaluation of the rial are searching for properties to invest in, but the phenomenon of “flight from contract signing” — as local business newspaper Donya-e-Eghtesad put it — keeps thwarting their efforts, Bloomberg reports. Sellers will move forward with […]
Sat, 03/17/2018 - 15:09
March 13 was an eventful day for singer Zayn Malik: his break up with model Gigi Hadid became public and his purchase of a $10.69 million penthouse in Soho closed. The 3,597-square-foot loft went into contract on Valentine’s Day the New York Post reported, but, after news of Hadid and Malik’s breakup went viral, it’s certain that the former One Direction singer will be living at 63 Greene St. alone — at least for now. […]
Sat, 03/17/2018 - 14:07
An engineer involved in the design of the pedestrian bridge that collapsed Thursday at Florida International University left a voice-mail message on Tuesday warning a state transportation official of “some cracking” in the bridge. The engineer, Denney Pate of FIGG Bridge Engineers Inc., said in the message that he did not regard the cracking as a safety issue. At least six people were killed when the 174-foot, 960-ton bridge collapsed. More victims may be buried […]
Sat, 03/17/2018 - 13:32
The “Google effect” is real, San Jose locals will tell you, if you just believe. Google’s proposal for a downtown tech campus, a mixed-use development where up to 20,000 of its employees may eventually work, was announced in December 2016 and is still winding its way through local approvals and negotiations, but speculation is off and running. The proof of the theory, according to the San Jose Mercury News, is Boston Properties announcement that it […]
Sat, 03/17/2018 - 12:19
“We just want to help you by spending money!” That’s, in essence, what billionaires like California’s Ric Kayne are telling New Zealand’s government as they argue for an easement of the country’s proposed laws on foreign property ownership. “The vision we have for what we would like to contribute to New Zealand is now being threatened,” Kayne wrote to a parliamentary committee, according to Bloomberg. “Having discovered this country, [we] want to devote considerable resources […]
Sat, 03/17/2018 - 11:19
A real estate startup is giving brokers in Rio de Janeiro a run for their money. Quinto Andar, founded in 2012 by two Stanford MBAs, is a ready-made brokerage, property manager and insurer  offering would-be tenants and buyers an easy way to save money and find a new home — and, the best part for many? They get to avoid Rio’s current brokers as Bloomberg reports. Quinto Andar was born out of a pervasive frustration […]
Sat, 03/17/2018 - 10:02
Prime Minister Theresa May is armed and could be dangerous to wealthy Russians who park dubious funds in London property and UK-based businesses. Her likely weapon of choice? Britain’s new unexplained wealth orders (UWOs), which went into effect at the end of January and have been used once so far against an unnamed Asian politician. UWOs allow authorities to seize property and assets if a buyer’s income is lower than their purchases and they buyer […]