The Most Expensive Homes for Sale in Michigan
Following national trends, Michigan’s real estate market is battling low inventory, while supply is far outstripped by demand in this seller’s market. Prices are on the rise across most Michigan markets, and many are experiencing double-digit price gains, according to Michigan Realtors. With no shortage of lakes, Michigan offers up a bounty of waterfront homes…
Was Buying an NYC Home a Good Investment During the Past Decade?
Buying a home is on almost everyone’s bucket list, but as soon as you find the perfect place, the all-too-familiar question pops up: is this investment worth it? Ever since the 2008 market crash, homebuyers think twice before spending their hard-earned money and savings on a down payment. Banks have also become more cautious and…
The Most Expensive Homes for Sale in North Carolina
As the 9th most populous state in the union and boasting two vibrant business hubs in Metro Charlotte and the Research Triangle, North Carolina’s real estate market is buzzing. North Carolina luxury real estate market, the most expensive homes for sale are outside the state’s largest cities. Indeed, looking at the most expensive homes for…
SL Green to Sell Manhattan Office Condo for $633M
SL Green, New York City’s largest office landlord, and its joint venture partner Ivanhoe Cambridge, have entered into a contract to sell their leasehold interest in the office condominium at 1745 Broadway. The new owner of the Midtown Manhattan office space will be an institutional client of Invesco Real Estate, which will snatch the office…
SoMa Office Tower Gets $145M Upgrade
633 Folsom, an aging San Francisco office building located in the city’s SoMa submarket, is going to get an extensive makeover. Property owner and manager The Swig Co. plans to turn the 1967-built Class B asset into a modern, Class A office tower. Aided by HFF and a domestic bank, the company recently secured $145…
The Most Expensive Homes for Sale in Missouri
Although slowing from the frenzied sales activity of 2017’s fourth quarter, Missouri’s real estate market is still markedly more dynamic than it was a year ago. Prices have appreciated 7.2% year-over-year, with the number of homes sold up a whopping 82.3%, while monthly dollar volume expanded by 95.4% over the same period, according to Missouri REALTORS. With potentially…
Expert Interview with a Dynamic Real Estate Duo: Augusto Bittencourt and Jared Barnett
For the latest interview in our series, we had the pleasure of talking to a very interesting and dynamic real estate duo: Augusto Bittencourt and Jared Barnett from Town Residential. Both had previously worked in different industries and found common ground in the competitive Manhattan real estate market. They shared with us how they spend…
Chyann Sapp: Head to the Bronx before Prices Skyrocket Like They Did in Brooklyn
Chyann Sapp is a real estate agent at Corcoran, working in Upper Manhattan and the Bronx. We’re happy for the opportunity to hear her insights on the local real estate market, especially now as both these areas are attracting more and more interest from investors and home buyers. Since Mott Haven found its way into…
South Korean Gaming Giant Makes the Move to Downtown LA
Netmarble, a South Korean game publishing company, has decided to move its California offices from Orange County to Downtown Los Angeles. The mobile gaming giant recently signed a five-year lease at 600 Wilshire Blvd. in the city’s Financial District. The new 14,000-square-foot Los Angeles office space on the 11th floor of the 17-story skyscraper will…
TriBeCa Remains NYC’s Most Expensive Neighborhood, Despite Prices Dropping 30%
Key Takeaways: Even with a 30% y-o-y decrease, TriBeCa pulls through as NYC’s priciest neighborhood A $3.2 million median sale price lands SoHo its usual second spot Brooklyn’s Fort Greene sees the sharpest median sale price increase: 131% y-o-y DUMBO remains the only Brooklyn neighborhood in the top 10 With a $2.3 million median sale…
Silverstein Properties Set to Snatch ABC’s Upper West Side HQ for $1B
Silverstein Properties is set to add the American Broadcasting Co.’s (ABC) New York City campus to its portfolio. The full-service real estate firm is in contract to acquire the media network’s Upper West Side office headquarters from its parent company, The Walt Disney Co. According to the Commercial Observer, Silverstein is going to pay more than…
Buying or Selling a Home Using Bitcoin: Is It Worth It?
Unless you’ve been living under a rock for the past year, chances are you might have heard of Bitcoin or came across the term ‘cryptocurrency’ at some point. Unregulated by banks, these encrypted digital currencies managed to penetrate almost every market in 2017, including real estate. Despite transactions being considered safe, the crypto market in…
IEX Tower-Hops Again within WTC Complex
IEX is relocating once again within the World Trade Center (WTC) complex in New York City’s bustling Financial District. The upstart stock exchange platform will leave its headquarters at 4WTC to move inside 3WTC, currently under construction. The company has recently signed a 15-year lease for the entire 58th floor of the 80-story mixed-use high-rise…
IBM Triples Office Presence in New York City’s Union Square
IBM is set to triple its Union Square presence by expanding its footprint at 19 Union Square West, in the Flatiron District neighborhood of New York. The tech giant has recently signed a 27,699-square-foot lease for three floors of the building—floors 9 through 11. According to The New York Post, the asking rent was $80…
WeWork Takes Over Entire Office Tower in Largest 2018 San Francisco Lease
WeWork is aggressively expanding its footprint in San Francisco, a city that could easily be dubbed a freelancing Mecca. The shared workspace provider is going to take over the Union Bank Building, after signing the largest lease closed so far this year—according to the San Francisco Business Times. The coworking giant has rented 251,000 square…
This LIC Waterfront Penthouse Embodies High-Class Living in Queens
Queens’ Long Island City has come a long way from its industrial days. Now, the neighborhood’s skyline is packed with high-rises and cranes, and the ongoing residential growth is nowhere near its end. Development stretches far beyond just the banks of East River; however, the waterfront is still the cream of the crop in LIC,…
Brooklyn Foreclosures Up 64% Y-o-Y, While Queens Sees 13% Decrease
Here are the key findings from our NYC Foreclosure Report for Q1 2018: 920 homes were scheduled for auction for the first time in Q1 2018, up 31% compared to Q1 2017 Brooklyn saw a 64% year-over-year increase in new foreclosure auctions New foreclosures in the Bronx went up 33% year-over-year, as 117 homes were…
10+ Charming Communities that Could be Yours for the Price of NYC’s Most Expensive Condo
Year after year, New York City makes real estate headlines, as homes in the Big Apple keep changing hands for exorbitant prices. From luxury condos to extravagant townhouses, the city has it—and sells it—all. Last year, a handful of residences fetched more than one would bargain for, and one particular penthouse managed to steal the…
The Most Expensive Zip Codes in Connecticut – Gold Coast Continues to Dominate
Quick facts: Greenwich’s 06830 is the #1 most expensive zip code in Connecticut 7 Connecticut zips feature medians above the $1 million mark Fairfield’s 06824 saw the highest sales activity with 540 transactions South Kent prices grew by a whopping 48% Connecticut’s real estate market continued to perform modestly throughout 2017, although real estate indicators showed…
Where Do Top-Earning Homeowners Live? Hint: Not in the Priciest Zip Codes
Back in December, we released our annual ranking of the most expensive zip codes in the US, and the median prices of those in the top 100 were probably quite shocking to the average person who has to live on an average income. As a follow-up to that story, we compiled a list of the…
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