Spencer Rascoff, cofounder of Zillow Group Inc. © 2016 Bloomberg Finance LP Spencer Rascoff, former CEO of the real estate search site Zillow Z , has bought another Brentwood Park property minutes away from the one he purchased for $20 million a few years ago. This latest acquisition is a more modest three-bedroom, 3.5-bath home
Real Estate
From direct mail to “sold by” signs, marketing has always been vital for agents, brokers and other real estate pros to get their name out there. However, as the industry continues to embrace the digital world, many professionals are looking to increase their digital marketing efforts. As top industry professionals, the members of Forbes Real
Outer Borough multifamily activity is on the upswing. Ariel Property Advisors New York City’s multifamily market has begun to show positive signs of recovery in Q3, and while Manhattan’s sales activity has slowed, investors are looking for returns in Brooklyn, the Bronx and Queens, and it’s signaling that the overall market may be pulling out
Mike McMullen is the CEO of Prominence Homes and the author of Build. Rent. Sell. Repeat! getty Renting out property in 2020 is no easy task. The CDC’s eviction moratorium expires at the end of December, and before then, landlords will be faced with some hard decisions. When a tenant’s rent is late, landlords will still have
Zell in 2019. Getty Images Sam Zell is one of the legendary investors of his generation, known for his love of dealmaking, gold chains, and telling it like it is. The title of his 2017 autobiography borrows his favorite phrase: “Am I Being Too Subtle?” Real estate has long been Zell’s dominion, and he scored
Are you tired of renting? Are you considering purchasing your first home? Do you dream of owning a house that can provide both you and your family a sense of stability and community? For many Americans, home ownership is an important part of the American dream. Being a homeowner means having a space to call
Rodolfo Delgado is the Co-Founder & CEO of Replay Listings, the first platform to find apartments for rent in NYC focused on unedited videos getty Do you remember the last time you left home without your smartphone? Neither do I. We have integrated technology into almost every part of our daily lives. The average U.S. adult
The penthouse occupies the 37th through 39th floors of the 1930s Hampshire House on Central Park … [+] South. Nest Seekers International A Manhattan penthouse overlooking Central Park, on the so-called Billionaire’s Row, with an award-winning redesign teed up, is being auctioned off next month with no reserve. The apartment is currently on the market
Outdoor terraces like this one at Essex Crossing are among the pandemic-era extras being … [+] incorporated into new office buildings under construction in New York City. Wordsearch / Riverfilm With COVID’s lethal second surge prompting more questions than ever about the future of the workplace, it’s instructive to note the pace of new office
Managing Principal and Co-Founder of Calvera Partners, a multifamily investment company catering to high-net-worth individuals and families. getty Across the country, people have found a way, sometimes with the help of federal stimulus, savings or installment plans, to make their rent payment. In instances where the rent burden is too great, people have moved back in
Mychal Phillips and Mario Schollmeyer recently bought an apartment in Park Slope, Brooklyn. Mychal Phillips Despite the dire reports about the New York City real estate market, transactions are taking place and, in some cases, there are bidding wars — and not just in the suburbs. Here’s a look at two sets of buyers and what they
The building was built a by a coal oil salesman about 100 years ago. Prior to its renovation, this … [+] building served a variety of industrial purposes over its 100-year history Photo courtesy of Bennett Frank McCarthy for Downsize: Living Large In a Small House It is said that Elenor Roosevelt once dubbed Blagden
The Meritage Homes Corporation Home construction company logo seen displayed on a smartphone. (Photo … [+] Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) LightRocket via Getty Images I had the opportunity to chat at length with Steve Hilton, the outgoing CEO of Meritage Homes MTH. Instead of looking back on his stellar 35-year career,
Founder and CEO of Rentec Direct, property management software for real estate professionals. getty This year has presented a myriad of changes that none of us could have predicted, but patterns are beginning to emerge as we get closer and closer to the end of 2020. Within the real estate industry, different markets are experiencing different
Rod Khleif Real Estate Investor, Mentor, Coach, Host, Lifetime Cash Flow Through Real Estate Podcast. getty In the world of multifamily financing, a non-recourse loan is considered to be the gold standard for acquisition financing because they are considered to be less risky for the borrower. Typically, these facilities are offered by specialty lenders and government-sponsored
Nearly three quarters of the homes that sold in New York City between March and October went for … [+] less than the seller’s original asking price. getty The COVID-19 pandemic, combined with already-cooling sales, led to the ultimate buyer’s market in New York City this year. A new report by StreetEasy found that nearly
A new normal, perhaps involving masks in certain situations and care about what and whom we touch … [+] and what we sterilize, will gradually descend on us. getty The coronavirus remains contained in most of our city. New Yorkers must commit to keeping it that way. This week, New York State ranked 49th out of
One of the National Association of Realtors “30 Under 30” real estate agents, serving the Del Mar and San Diego luxury residential market. getty Low inventory and record low interest rates signal a hot seller’s market. However, uncertainty about how the ongoing pandemic and future tax legislation might impact the economy has created a lot
Camp Reboot in Palemo, Maine is 1,100 feet and designed by GO Logic. Copyright 2017 Josh Gerritsen Media I have been in awe of the houses designed by GO Logic for several years and have included their homes in several of my books. They have been innovators in designing and building prefabricated houses as well
An artist’s rendition of Lilium’s planned vertiport in Orlando’s Lake Nona, which it envisions as a … [+] hub for a statewide air taxi network. Courtesy of Lilium The German electric aircraft developer Lilium is partnering with the real estate developer Tavistock to build a hub in Orlando for an inter-city transportation network in the
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