Having more time in your life is something everyone can agree they probably need — whether it’s for hanging out with your family or friends, playing with your dog or just having some downtime, having those extra minutes are beneficial for all of us. In fact, not only is downtime needed to keep our mental
Real Estate
For $10.5 million, an aviation enthusiast can own a 7,550-foot runway, seven aircraft hangars, a mansion and private aviation residence community near Ocala, Florida. SVN Florida Picture a residential development in Florida. Now picture it with an aircraft runway capable of accommodating aircraft as large as a Boeing 747. That can only be Jumbolair, an
Today’s data for July housing starts and permits was very mixed. Of course, the month on month data is volatile (and subject to very large revisions) due to difficult seasonal adjustment factors and changes in the weather, but the Year on Year (YoY) trend is more reliable. For housing starts, July’s result was far below
The living room of North Lake Tahoe’s “Elevation,” with panoramic lake views. Photo-tecture As the Tahoe luxury real estate market remains red hot, it’s always nice to find a relative bargain at the top. “Elevation 6229” is a unique elevated lakefront home in Tahoe Vista with an intriguingly creative design aesthetic, both inside and out
Fitness meets interior design. Lily Glass Photography Most boutique fitness studios in Los Angeles have pretty standard builds. They’re clean, have a calming vibe, and are contemporary or modern in terms of design. However, there’s nothing really remarkable about the aesthetics. Enter Paris Pilates, which opened in spring 2019. Located in the trendy Silver Lake
Mall of America, Minneapolis, MN. Sanford Stein Triple Five Group, the owner of the Mall of America, has put up Minnesota’s signature retail destination as collateral in a high-stakes gamble on a big dream. Specifically, the American Dream, a new mega-attraction near the New Jersey Meadowlands sports complex. City officials in Bloomington MN, where the
The Long Island City skyline from across the East River on September 19, 2017. (Photo by LUDOVIC MARIN / AFP) (LUDOVIC MARIN/AFP/Getty Images) AFP/Getty Images If Long Island City, N.Y. needed Amazon, you wouldn’t know it from continued robust development, sales and leasing momentum just across the East River from Midtown Manhattan. For many years
Nearly three years into the Trump Administration, you may think the pendulum for banking regulations — Dodd-Frank rules created after the 2008 crisis — has swung to a more permissive position. President Trump campaigned promising to dial back regulations, and legislators from both parties promised some “recalibration.” Certainly, some changes have happened. Following the 2018
If WeWork CEO Adam Neumann does not contribute at lease $1 billion to chartiable causes in ten-years he will lose some of his super-voting rights. Kelly Sullivan/Getty Images For an organization dedicated to community, WeWork has handed a stunning amount of control—and cash—to one person. The company’s s-1 filing yesterday shows that chief executive Adam
Plastic palm trees and doo-wop styling create the character of the Starlux Hotel Morey Family Archives If you love graphic turquoise wallpaper, kidney-shaped coffee tables, lava lamps and plastic palm trees, then you must spend at least one night at the Starlux. Part of the Morey’s Piers complex, which is celebrating its 50thanniversary, the boutique
Investing in real estate is tremendously exciting, and can be very lucrative. Out of 2,153 world billionaires in 2018, 10% hail from the real estate industry. However, needless to say, real estate investing is not without risk. And even though the analysis of the property being purchased is important, deep understanding of the particular real
Refinances have doubled in the last week as mortgage rates hit a nearly three-year low. Getty Mortgage rates hit an almost three-year low last week, and it seems homeowners are finally taking full advantage. According to new data from the Mortgage Bankers Association, refinances have doubled since late July and are up 37% in just
Harrods managing director Michael Ward says the UK’s business rates tax system is “broken”. (Photo by John Phillips/Getty Images for Harrods) Getty More than 50 among the UK’s largest retailers have asked the government to fix the “broken” business rates system. The retailers, including Harrods, Marks and Spencer, Sainsbury’s, Asda and Boots, have written
Nick Romito, VTS co-founder and CEO. VTS Nick Romito is redefining the term “unicorn.” Rather than the typical suit-and-tie sporting businessman, the CEO of the private commercial real estate startup VTS, now valued at more than $1 billion, is a former competitive surfer who still hits the waves in his spare time. The New Jersey-native
What makes a consumer choose their real estate agent? In an industry largely driven by personal connections, the top two factors when selecting an agent, as identified by both the homebuyers and sellers we surveyed, are local expertise and, as expected, recommendations and referrals. And when differentiating between a good and an excellent agent a
Jessica Sherman, associate vice president of affordable housing at Douglaston Development. Douglaston Development Jessica Sherman, associate vice president of affordable housing with the real estate firm Douglaston Development, has made it her mission to improve the quality of life for low-income New Yorkers. Recently named a Crain’s New York “Rising Star,” Sherman has helped her
Construction site in Hong Kong Getty As we’ve seen in a previous article, the Construction Tech (ConTech) market is huge and filled with low-hanging fruit for the technologically savvy contractor or client to pick. Though there are seven areas in the construction value chain that could (and are starting to) benefit from the advent of
The lounge and kitchen area at Alexandria LaunchLabs at the Alexandria Center, One Kendall Square, in Cambridge, Mass. © 2019 Andy Caulfield With technological advancement occurring at an increasingly breakneck pace, it’s natural the number of life science and technology innovation clusters is growing as well. These clusters result from the increasing recognition that innovators
When you take the step of owning your first rental property and becoming a landlord, you’ll likely underestimate just how many things can eat up your time and energy. On the tenant side, you can find yourself doing everything from mediating neighbor disputes to following up on late rent payments. Then there’s the property management
As the market is starting to suggest, we’re likely heading for a downturn. For the real estate industry (that only recently stopped licking its wounds from the Great Recession), this is surely a constant on all minds, especially those of us in brokerage leadership. How bad will this recession really be? I find that it’s