A weekend topic starting with Bloomberg. "Property investors are about to discover just how much the global fallout from the coronavirus pandemic has spread from deserted and cast-off buildings to their bottom lines. In an estimated $10 trillion global pool…
A report from Business Insider on Florida. "Ken Griffin is selling both of his Miami Beach penthouses for at least a 20% loss, Katherine Kallergis reported for the Real Deal. Griffin bought the two Faena House penthouses in 2015. At…
A report from Mansion Global. "New York native David Kramer, president of Hudson Companies. What has the Covid-19 experience been like for the company? It’s a better time to be a buyer than a seller, a tenant than a landlord.…
It's Friday desk clearing time for this blogger. "After a hefty price cut, Italian fashion scion Massimo Ferragamo has off-loaded his Manhattan apartment for $11 million, WWD has learned. Ferragamo found that his Manhattan duplex apartment had become surplus to…
A report from Denver 7 in Colorado. "A homeowner in Littleton says because he deferred his mortgage payments through the CARES Act forbearance program for those impacted by COVID-19. As soon as he was able to begin paying again, he…
A report from the Wall Street Journal. "U.S. employees started heading back to the office in greater numbers after Labor Day but that pace is stalling now. The low level of employees at their desks is intensifying the pain for…
It's Friday desk clearing time for this blogger. "Retired NBA star Deron Williams, formerly of the Brooklyn Nets, has finally sold his Tribeca penthouse at 35 North Moore St. for less than half its original asking price." "Condo inventory was…
A press release from Redfin. "The U.S. housing market has been on fire this year. But the condo market has missed out on much of the gains. 'Before the pandemic, it was challenging to find a condo in Seattle for…
A report from the Boston Globe in Massachusetts. "Greater Boston Association of Realtors noted that within the City of Boston, which accounts for about one-third of the region’s condo market, sales were up just 1 percent and the median price…
It's Friday desk clearing time for this blogger. "Laura Loyd, a single mother of four had been laid off from her job at a resort in nearby Branson when tourism froze up from coronavirus. Tony LaGrand, who was the landlord…