Since New York City required residential buildings to set smoking policies, real estate agents and landlords say they have seen no impact on sales. Getty Since last summer, all New York City multi-family properties have been required by city law to create smoking policies for their buildings, leaving landlords, co-op boards and property managers debating
Real Estate
Today, many businesses — especially startups — are going the co-working office space route for a variety of reasons, including cost and low lease commitment. However, there are also many business models and company structures which may not fit so well to open shared workspaces. In that case, a company may need to lease their own commercial property
I recently interviewed Ryan Simonetti co-founder and CEO of Convene. What I loved about the Convene model is that it displays the core element to transformation – taking one industry model and transplanting it into a related but different industry … in this case incorporating hotel concierge services into commercial real estate. Convene has quickly
Real estate is a fast-paced industry, and for many investors, the goal is to build properties to sell – and then move onto the next project. This “merchant builder” strategy aims to get in and get out as soon as possible, making a quick profit. But the risks and challenges associated with this plan are
There’s no getting around the fact that your credit score is an important factor in being approved for a loan. However, it isn’t the be-all-and-end-all and there are definitely other factors involved in determining your ability to afford to buy a home. I’ve laid them out for you below. If your credit score leaves something
Friday’s data for March housing starts and permits accelerated their recent disappointing streak. Of course, the month on month data is volatile (and subject to very large revisions) due to difficult seasonal adjustment factors and to changes in the weather, but the Year on Year (YoY) trend is more reliable and has been showing weakness
The idea of living mortgage-free can be particularly enticing for individuals nearing retirement. At this time, it’s also common for empty-nesters to consider selling the large family home in favor of a smaller property or condo that’s easier to maintain. Homeowners who have lived in a house for a long time and now have a
What does the Halifax House Price Report really mean? Adobe Stock UK homeowners have often found themselves ‘earning’ more from the increasing value of their property than from their take-home pay. But new research today from Halifax suggests that this historic trend might be reversing. For many in the property market, this is welcome news.
Houston, TX, USA – February 8, 2015: Monopoly Board Game – money around the car, dice, houses and hotels Getty If I was redesigning a new Monopoly game, I would include a set of spaces called Opportunity Zones. This new type of property could be extremely valuable, even more so than Boardwalk and Park Place.
Strong home price appreciation last year led many to wonder if housing was unsustainably strong. I thought not and in November 2018 wrote Housing Forecast: Not A Bubble In 2019. This update shows that housing will continue to soften, though not quite so much as previously expected. The most important factor determining housing construction and
The Car Is An Extra Half-Mil, But Never Mind: A private Arbore-designed villa on “The Pearl,” the new $15-billion island development off Doha, Qatar (Photo credit: Arbore) Arbore & Partners From Leonardo da Vinci and Andrea Palladio, whose influence on architecture and the philosophies of it cannot be overestimated, to Ettore Sottsass (buildings, furniture), Carlo
“The Brady Bunch” house is as iconic as its TV stars. Its staircase will be a key feature of HGTV’s ‘A Very Brady Renovation.’ (ABC Photo Archives/ABC via Getty Images) Getty If you think ABC milked The Brady Bunch franchise, HGTV is squeezing every last residual drop from that cash cow. Get ready for the
Dining room Warburg Realty A new listing at The Manhattan House, a building made famous for being home to Grace Kelly in the 1950s, has come on the market for $6.495 million. Belonging to David A. Sackler, the 4-bedroom, 5-bathroom unit measures just over 3,300 square feet overlooking the Lenox Hill neighborhood of Manhattan. The Sackler family business is Purdue Pharma.
Smoke and flames rise during a fire at the landmark Notre Dame Cathedral in central Paris on April 15, 2019. Getty It has been a season of wrath and fire for sacred sites across the world, from the serial arson of three predominantly black churches in Louisiana, to the simultaneous fires at the Al-Aqsa Mosque
Smart security products have become increasingly popular in recent years. Among them are smart locks, which allow you to secure your doors remotely and give you a way to get back into your home through your smartphone when you’ve forgotten your keys. To help you wade through the many options available now, we’ve rounded up some of
One Wall Street has an outsized presence on the lower Manhattan skyline. DBOX An ambitious project is taking shape all the way downtown, at One Wall Street. The memorable 1931 building is a landmark 55-story limestone Art Deco tower that holds a distinct position on the New York skyline, occupying an entire block at the
A bedroom in 4Marq, a Minneapolis apartment building.Lyric Airbnb is the lead investor in a new $160 million funding round for hospitality startup Lyric. The $30 billion home-sharing platform was joined by a host of major players in real estate including new investors Tishman Speyer and RXR Realty, as well as existing investors FifthWall Ventures
Yardbird’s Waverly Collection. Yardbird When purchasing outdoor furniture, consumers usually have to choose between sustainability and affordability, but two-year-old startup Yardbird has found a way to offer both. Launched in 2016, the brand’s 2017 pop-up store sold $1 million in inventory within its first four weeks of opening. With over $4 million in sales, they’ve exceeded
Typically, when somebody describes a business as being “in the toilet,” it’s bad news. But property management is an industry built on the gritty work of contractors and maintenance technicians, including plumbing repairs. So if you’re a property manager and your company isn’t “in the toilet,” you’re doing something wrong. The quality of your company
Marc Jacobs bought the four-story West Village home in 2015. Yoo Jean Han Fashion aficionados now have the opportunity to live in a four-story West Village townhouse designed by Marc Jacobs. The designer bought the 4,346-square-foot home as a blank palette for $10.495 million in 2009 and furnished the entire space, from the doorknobs to