A report from Real Estate Weekly. "Ninety percent of workers from New York’s financial heart are still operating from home. Nearly half of Lower Manhattan’s population has left, and three hotels and over 160 retail business have closed for good,…
A report from KHON. "An anonymous landlord in Hawaii that spoke with KHON2 says that his tenants have not lost employment since the pandemic started, but have avoided paying $25,000 in rent and utilities while leaning on the eviction moratorium…
A report from the Wall Street Journal on New York. "Manhattan’s pulverized condominium market is opening the door for investors willing to buy individual apartments wholesale. Developers under financial strain are the most likely to entertain bulk deals, but in…
A report from Forbes on New York. "The former Manhattan pied-à-terre of late theatrical producer James Nederlander, listed for $27.5 million in 2019, will be auctioned off later this week with no reserve. The auction of #10 at 838 Fifth…
A report from the Bay Area Newsgroup in California. "A federal court has authorized a receiver to seize control of the properties and operations of bankrupt Bay Area developer Sanjeev Acharya and his real estate firm, which are the focus…
A weekend topic on media and financial manias starting with the Wall Street Journal. "Now 15 years old, Zillow has long been at the forefront of real estate’s digital transformation. Its recent moves, including its shift into iBuying and its…
It's Friday desk clearing time for this blogger. "Stella Guan's offer on a 'beautiful' Santa Clarita house was accepted in August. She paid roughly $600,000 for the house. But after sleeping there for only a few nights, she had an…
A report from Yahoo Entertainment. "Kameron Westcott recently said goodbye to her pink-filled mansion to move into a different gorgeous abode — but the process was far from simple, as we learned on The Real Housewives of Dallas' February 9…
A report from Mansion Global on New York. "Last week, 30 high-end contracts asking $4 million or more entered into contract in Manhattan, according to Olshan Realty. The strong totals in the last two weeks 'continued a trend that started…
A report from the Real Deal on Florida. "Former hedge fund manager Jim Pulaski bought a unit at Apogee in South Beach after selling his waterfront North Bay Road mansion. Property records show G Sofi Investments LLC, sold the four-bedroom,…