This waterfront home sold at 15% below the listing price, but still broke the record for most expensive home sale in West Palm Beach. Douglas Elliman The recent $11.5 million sale of a six bedroom mansion at 2914 Washington Road broke the record for the most expensive single family home transaction in West Palm Beach
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The loft design embraces the unit’s historic architecture—large windows, high pre-war ceilings and Roman columns. Courtesy of Interior Marketing Group New York’s best “studio” apartment has five bedrooms and walls of sound that still reverberate inside the landmark 19th century American Thread Building to this day. Duplex Sound Studio comprised the 2EF/3E portion of this
Is Instagram real estate’s biggest influencer? Melissa Vale Social media platforms, especially Instagram, are changing the way people buy everything from fashion to furniture, and now the same can be said for real estate. While buyers used to visit the MLS or sites like Trulia, use apps such as Redfin, or simply search an individual
We live in a world that is now fully on-demand. Groceries, alcohol, cleaning services and driving services can all be at your front door with a simple swipe on your phone. The bottom line is this all makes life easier. However, in the residential real estate world, while it’s a customer-first industry, this culture is
The old town of the city of Ponce in Puerto Rico Getty Driving through the verdant green mountains to the Southwest side of Puerto Rico, I was amazed at how lush, and undeveloped much of the land was. Arriving at my destination, the landscape filled with stunning beaches and inlets was breathtaking. Things are finally
Retail giant Walmart is coming back big time lately, as evidenced by a string of quarterly reports — including one this week — which confirm a rise in both store and Internet sales. Walmart reported a 3.4% jump in U.S. Q1 comp sales, and a 37% jump in eCommerce sales. There was a time Walmart
Man walking on high line. Getty I was shocked to find out that the U.S. black homeownership rate isn’t any higher today than when the 1968 Fair Housing Act became law but, somehow, the U.S. black homeownership rate had increased 20% from 1950 to 1970 before housing discrimination was outlawed. That’s a stunning paradox. Here are
With the recent news of American Express acquiring Resy, the reservation platform that connects restaurants and diners in 160 cities in 10 countries, the restaurant world continues to evolve. One notable trend sees the old divide between chefs and diners crumbling more than ever. Perhaps it started at the sushi bars, perhaps at kitchen counters
Real estate can be a competitive industry. Depending on the property type and location, bidding wars can quickly get heated and emotional. Because of this, many investors can make some missteps in the bidding process, costing them valuable time, resources and property deals. To help you avoid a similar fate, we asked a group of Forbes Real
As the eternal quest for corporate efficiency and collaboration continues to unfold in the minds and hearts of business owners and employees alike, the communal and social aspects of co-working have now made their way to a new frontier: your home. In the last few years, Europe has seen the proliferation of co-living, which is
When calling a successful portfolio owner for a listing, every commercial real estate broker can tell you the most common phrase they hear: “I would sell if I had a place to put the money.” Typically these owners do not sell property but continue to purchase buildings to add to their portfolio — and the
This estate in Bridgehampton is listed for $49.995 million. Courtesy of Out East via Bespoke Real Estate The Hamptons housing market is gearing up for a new summer season and included in it are several homes that aim to surpass last year’s most expensive sale. Closing at $40 million, 290 Further Lane in East Hampton
77 Greenwich has a pleated, reflective glass wall façade design. Binyan Studios The next mixed-use luxury condominium to peek through the New York’s soaring skyline will be 77 Greenwich, a sculptural, 42-story glass tower with sweeping water views in the heart of lower Manhattan. Designed by firm FXCollaborative (architectural firm behind the recently opened Statue
Gunther Schmidt, CEO and founder of Quarters Quarters Co-living is becoming one of the world’s most popular forms of urban housing, particularly for single millennials and those who travel for work. Among those leading the trend is a 34-year-old entrepreneur from a small town in Germany with no background in real estate or finance, or
This 3-plus acre secluded property has been owned by the same family since it was built. Sotheby’s International Realty Around the country, for-sale and open-house signs are popping up like flowers in spring. But there’s one architectural gem on the market in a St. Louis suburb that needs no such sign in front to draw
Share to facebook Share to twitter Share to linkedin Brookfield is building Manhattan West, a 7-million-square-foot mixed-use development, next to privately held Related Companies’ even more massive Hudson Yards. (Amy Sussman/AP Images for Brookfield Property Partners) From finance to tech to retail, in most industries the largest and best known companies trade on the public market. Real
Share to facebook Share to twitter Share to linkedin Seattle had big inventory gains according to Trulia. Getty Here’s the latest market update on housing inventory news from Trulia.com. A recent research report looked at inventory gains around the country. There’s a bit of positive news out there for buyers who have become increasingly frustrated
Feather announces $12 million in equity funding. Feather Today furniture subscription startup Feather announced their expansion into two new markets, Los Angeles and Orange County California after securing $12 million in funding. The Series A was led by Spark Capital and had participation from Kleiner Perkins, Bain Capital Ventures, Y Combinator, PJC, Fuel Capital and Scott Belsky,
Despite interest rates sinking to 14-month lows earlier this year, overall mortgage originations dipped over the first quarter of the year—and pretty significantly. According to the latest data from the Federal Reserve Bank of New York, mortgage originations fell to $344 billion for Q1 2019, down nearly $60 billion from last quarter and the poorest-performing
ShopPremiumOutlets.com will operate similar to a marketplace open to brands that are tenants of Simon Premium Outlets Simon Property Group Recently, Simon Property Group’s CEO David Simon told analysts on a post-earnings conference call “I think most of the bad news is behind us,” referring to store closures and retail bankruptcies. “But I can’t guarantee