It's Friday desk clearing time for this blogger. "Extell Development has sold a sponsor unit at One57 for $16.8 million, 15.4 percent below its last asking price. Extell first listed the condo at about $24 million in July 2020, before…
A report from the Tribeca Tribune in New York. "The Downtown Alliance has put numbers to what we see around us: the pandemic’s heavy commercial toll on Lower Manhattan. The Alliance provides data behind a year of reversals to Downtown…
A report from Realtor.com on Florida. "After three years of twists, turns, and foreclosure proceedings, Birdman’s mansion was finally sold for $10.85 million. The Cash Money Records co-founder purchased the Miami Beach, Florida, mansion back in 2012 for $14.5 million.…
A report from Global News on Canada. "The housing industry in Saskatoon is slower but remains steady, according to experts. And right now it is a buyers market. 'If you are in the market to buy a new home there…
It's Friday desk clearing time for this blogger. "There are some very real discussions going on amongst real estate industry professionals on social media platforms and at ongoing conferences about what effect the virus may have on the industry. With…
A report from the Vancouver Sun. "'Forget Canada. We’ll go somewhere else.' That’s what West Vancouver realtor Nicole Lee says many rich clients from Asia are telling her now that B.C. has brought in a foreign-buyers tax on housing, along…
A weekend topic starting with Catalyst. "There’s an apparent contradiction in urban America’s real estate market. On one hand there’s a general housing shortage, namely of affordable workforce housing. But there are lots of luxury condos that get built and…
It's Friday desk clearing time for this blogger. "During the fourth quarter of last year, 2,404 sales closed in Manhattan, a 1.2% dip year-over-year. The median sales price, meanwhile, remained flat at close to $1 million, according to a report…
A report from Al-Monitor on Lebanon. "'Our dream was to have a nice home so we could decorate the way we wanted,' Nour, not her real name, told Al-Monitor. 'So we went searching for houses back in 2014.' The young…
It's Friday desk clearing time for this blogger. "The median price for a single family home in the nine-county region fell nearly 3 percent to $805,600 from the previous October, according to Zillow. The median price of a home in…