Manchester Villa in the Bahamas Christie’s International Real Estate If you are in the market for a home in a tropical paradise, a luxurious estate in an exclusive Bahamas enclave should fit the bill. Manchester Villa is situated on the finest piece of canal front property in the gated community of Lyford Cay, the oldest
Real Estate
TOPLINE New York Attorney General Letitia James sued the Trump Organization—along with the president’s son, Eric Trump—to force the company to comply as she investigates whether the company’s allegedly inflated its assets to secure loans and other deals, and comes as the Republican National Convention kicks off and President Trump makes his case for reelection
Mother Using Laptop. (Photo by: marka/Universal Images Group via Getty Images) Universal Images Group via Getty Images As the pandemic rages on, there’s speculation about how Covid-19 is changing work, with many claims of a massive, permanent shift to working at home. But don’t sell your second car or turn in your commuter rail pass just yet.
When tenants try to negotiate their leases in response to virus-driven shutdowns, and owners try to minimize the damage and stay in business, both parties should keep in mind some strategies and also some potential traps and pitfalls. My previous article discussed some of those. Here are a few more. When tenants try to renegotiate
An 1890’s former hotel with over 10,000 square feet and 40+ rooms. Named “The Mountain House” for … [+] its spectacular panoramic views of the surrounding Catskill Mountains. John Marinaccio of Coldwell Banker Timberland Properties. Courtesy of Cheap Old Houses “Some of these houses have been abandoned, some are short sales and need renovations, and
The world over, cities will struggle, but they will rise. getty It helps to remember why so many Americans (and people worldwide) live in cities. For centuries people have flocked to New York, to Paris, to Rome, to Berlin, to Shanghai, to Los Angeles. They have come seeking jobs, seeking companionship, seeking freedom, seeking love.
Khao soi curry from Thai Direct Bowls. Lita Wall When Forbes last spoke with Lita Wall, the owner of Thai Direct Bowls in Manhattan, it was April, scarcely a month into the COVID-19 pandemic. At the time the future looked bleak. “Everyone is afraid,” she said. “You have to spend money on marketing to actually
Blenkinsopp Hall lies at the heart of the estate, which is set in Northumberland, England ©simonjauncey 2019 A 540-acre country estate by Hadrian’s Wall in northeast England has hit the market for offers in excess of $6.3 million. The Blenkinsopp Estate lies in Northumberland just below the border with Scotland and has been in the
A Brightline train at the company’s MiamiCentral terminal. Joe Raedle/Getty Images Brightline, the sole private passenger rail service in the U.S., has a green light from transit agencies to begin planning two extensions for its $5 billion high-speed train to Las Vegas that would tie it into existing Los Angeles-area commuter rail lines and, someday,
Many real estate agents thinks the proposed pied-à-terre tax would have a dampening effect on an … [+] already sluggish market. getty New York State lawmakers have made a few attempts over the years to institute a one-time fee on the purchase of luxury-priced non-primary residences, but the so-called pied-à-terre tax has not come to
SHANGHAI, CHINA – APRIL 12: Adam Neumann, co-founder chief executive officer of WeWork, and Victor … [+] Fung Kwok-king (R), chairman of Fung Group, attend a signing ceremony at WeWork Weihai Road flagship on April 12, 2018 in Shanghai, China. World’s leading co-working space company WeWork will acquire China-based rival naked Hub for 400 million
The Poconos in Pennsylvania are a popular drive-to destination getty Here’s the best places to buy a vacation rental home in 2020. Rented.com recently teamed with Weiss Analytics for its annual deep dive into the economics of owning a vacation rental home. Research criteria included comparing “the cost of homeownership, short-term revenue potential, cost to acquire
TOPLINE With the global tourism industry hard hit by the coronavirus pandemic, French hotel company Accor is considering a potential merger with British rival InterContinental Hotels—a move which would create the largest hotel group in the world, daily newspaper Le Figaro reported. Shares of both Accor and InterContinental Hotels rallied on Thursday. Eric Piermont/AFP via
The Britely is newest social club on the Sunset Strip. The Britely Prior to the pandemic, social clubs were becoming the urban version of country clubs in Los Angeles. Although there has been a pause due to the pandemic, Angelinos are definitely looking forward to spending more time outside their homes in the near future.
TOPLINE The S&P 500 is officially out of its 2020 bear market after hitting a new record high on Tuesday, and the massive rebound has been led by energy, homebuilding and retail companies whose shares have more than doubled over the last five months, according to Bloomberg data. Whirlpool’s logo on the front of a
TOPLINE Home-sharing giant Airbnb has filed confidential paperwork for an initial public offering, the company announced Wednesday, paving the way for a potential public markets debut later this year. Airbnb has resumed its efforts to go public this year, despite fallout from the pandemic. Stefanie Keenan/Getty Images KEY FACTS The company announced that it had
getty Homebuilder stocks DR Horton, KB Home, Lennar, PulteGroup and Toll Brothers are not cheap. These stocks are up between 172% and 22% since mid-March lows. DR Horton and Lennar set all-time intraday highs on Tuesday, August 18. You can be long homebuilders when their P/E ratios are 8% and lower. Today the P/E ratios
Here is the thing about living in Houston: it’s a high rise city that loves its parks. Still, high rise dwellers here often crave a “backyard”, a touch of nature, even though their home may be on the 15th floor with glorious city views. That’s one reason why one of the city’s older, most storied
Real estate visionary, Sr. Managing Partner at ABI Multifamily, and Co-founder of Neighborhood Ventures real estate crowdfunding company. getty Commercial real estate as a whole may be taking a hit during the pandemic, however among CRE investments, Phoenix multifamily has a number of factors that point toward long-term stability. And while I can’t give you a
Clark Twiddy is the President of Twiddy & Company, a hospitality and asset management firm along North Carolina’s Outer Banks. getty North Carolina’s Outer Banks have long been a favorite vacation destination for those looking to relax and enjoy the natural beauty the area has to offer. During the summer months, a year-long population of around
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