A report from News.com.au. "Living at 432 Park Avenue in New York – one of the wealthiest addresses in one of the tallest residential buildings in the world – should be the epitome of luxury. But residents who have paid…
A weekend topic starting with Fox Business. "Federal Reserve Chairman Jerome Powell downplayed significant price increases in the U.S. housing market, despite noting that activity in the sector is at its highest level since before the global financial crisis. Powell…
A report from the Herald Tribune in Florida. "It is time to address the elephant in the room – are we in the midst of a housing bubble? While home prices have climbed at an accelerated pace over the recent…
What are your housing bubble predictions for the new year? Six moths ago: "I think (conservatively) in this area we are long overdue for a 15% – 25% price correction overall, just based on inability of household incomes to keep…
A report from the Real Deal. "A pair of lofts owned by New York ex-banker Henry Buhl topped the list of luxury contracts signed in Manhattan last week. The second-priciest deal was a penthouse at 95 Greene Street, last asking…
A weekend topic starting with the Globe and Mail. "Breather Products Inc., the Montreal startup that raised more than US$150-million to build a global flexible workspace operator, is abandoning hundreds of leases in an effort to reboot the pandemic-stricken company.…
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 weekend topic starting with Bisnow New York. "Cushman & Wakefield Vice Chair Joanne Podell, a veteran retail broker in New York City, speaks about the future of luxury strips like Fifth Avenue. 'There are two kinds of landlords,' she…
A weekend topic starting with the New York Post. "New York has 20 of the 100 priciest ZIP codes in the nation, but for the first time the city doesn’t have a single one in the Top 10. The biggest…
A weekend topic starting with Real Estate Weekly. "For a fourth straight month the number of vacant apartments in New York City increased, according to a survey of the members of the Community Housing Improvement Program (CHIP). 'This is a…