A report from Real Estate Weekly on New York. "The City’s largest organization of landlords of rent-regulated apartments is calling on the city to freeze this year’s property tax assessments. The city’s new tax assessment roll shows the value of…
A report from Mansion Global on New York. "Of the 16 contracts signed on homes asking $4 million or more in the week ending Sunday, seven were for trophy homes with eight-digit price tags, according to a luxury market roundup…
A report from the Real Deal. "Quarters’ U.S. expansion appears to have ended in bankruptcy. Eight properties and two additional limited liability companies tied to the German co-living firm filed for Chapter 7 bankruptcy on Friday, according to court records.…
A report from the Real Deal on New York. "In February, billionaire Ken Griffin purchased Calvin Klein’s seven-acre Southampton home for $84 million — the year’s most expensive deal in the Hamptons. Now, the mansion next door has been put…
It's Friday desk clearing time for this blogger. "The city’s for sale, but who’s laying down millions and buying in? Michael Nierenberg and his wife bought a three-level Greenwich Village penthouse for less than half the seller’s initial ask of…
A report from the New Orleans Advocate in Louisiana. "The New Orleans metro area has earned an unwelcome financial distinction during the coronavirus pandemic: more homeowners here are at risk of losing their homes due to unpaid mortgages than in…
A report from the Real Deal on Florida. "The real estate wing of New York investment firm Axonic Capital paid $37.3 million in a bulk purchase of 170 units of a 310-unit fractured Doral condo complex. As a fractured condo…
A report from the Wall Street Journal. "Getting a mortgage for a resort-area condo might become more difficult after Fannie Mae and Freddie Mac moved to tighten rules on buildings with many short-term rentals and hotel-like amenities, some Realtors and…
A weekend topic starting with Realtor.com. "You hear these terms thrown around all the time: Second home, investment property, vacation home, rental property. But is there any real difference among them? And does it even matter what you call it?…
It's Friday desk clearing time for this blogger. "Real estate developer Mohamed Hadid’s Bel-Air mega-mansion is on the market for $8.5 million. Once the property sells, the house will be destroyed with proceeds of the sale funding the demolition, which…