As cartoon plutocrat and sentient overripe pear Donald Trump officially entered the Republican presidential race Tuesday, he pointedly brandished a financial disclosure statement that asserts his net worth to be in the neighborhood of 9 billion dollars. How much is Trump really worth? If history is any guide, the safe…
Trendsetting neighborhood Williamsburg, Brooklyn will soon have more than half a dozen new hotels, including one with a 30-seat lounge inside a rooftop water tower, “Which might sound like some inspired repurposing, but this is new construction — they’re building a new water tower for the watering hole.”
A New York State Supreme Court judge has ruled that Brooklyn’s Pierhouse development—an expensive luxury condo that blocks the public’s view of the Brooklyn Bridge—is not technically illegal, though he conceded that the building could be considered an aesthetic monstrosity.
Your very latest New York City apartment hunting intelligence report: hope is lost.
The past decade has seen New York City go from a city with an economically mixed landscape to a city in which the rich have burst forth into every last neighborhood. Except three.
Parts of South Florida will be underwater before you know it. Nevertheless, Florida is busily building new condos all the way down the coast, because fuck it, they can $ell them. Or can they?
Dick Fuld, the former Lehman Bros. CEO who has “no regrets” about helping to spark the biggest financial crisis of our generation, is selling off his 75-acre estate in Sun Valley, Idaho. We pray he makes enough to hang onto his three other homes.
Rhonda Byrne got very very rich by writing a book called The Secret, which contains much pseudoscientific/ mystical horse shit. Why can’t Rhonda Byrne get THE SECRET to work for herself?
As wide-eyed foreigners lustily eye Havana real estate, liberalized Cuban economic rules are “re-gentrifying the city along racial lines and class divisions, particularly because lighter-skinned Cubans are more likely to have relatives abroad with money to invest.” Viva capitalismo!
In Los Angeles, where the median household income is $56,000, a $500 million house is rising.
According to the real estate blog 6sqft, Frank Bruni, perhaps the worst of the New York Times’ bad columnists, recently purchased an apartment on West 74th Street in Manhattan for $1.5 million, which is a lot of money. The blog notes that Bruni has acquired “the perfect canvas to create his dream home,” which is a lie…
One ninety Bowery, a grimy old New York City building that sits literally at the intersection of Bowery and Spring Street, has found a chief tenant: a consortium of “luxury and fashion image-making” companies that, according to its CEO, sits “literally at the intersection of chic and gritty.” Literally a perfect…
In many cities around the world—New York, San Francisco, London—most people find the rent to be unaffordable. Buying is out of the question. Perhaps that is because your city’s housing stock is now just another fungible financial instrument, like pork bellies.
Have you ever wondered, “How much is all the land in America worth?” You are so high.
The war-torn coastal African nation of Somalia is not just "The most failed state on earth" and "The worst country on Earth" and "The world's worst hellhole"—it is also a great investment opportunity.
Guess how much a floor-through residence at One57, the glass shard of wealth worming its way into the heart of Manhattan, costs. Go ahead, guess. Oh okay, I'll tell you: $47,367,491.39.
Brooklyn home prices are up 18% since last year—a time when they were already unaffordable. Explorers in search of "the next Brooklyn" have reached the Himalayan foothills, where they are awaiting mortgages and supplies.
Manhattan's Pearl River Mart, the cool Chinese trinket superstore in Soho, has announced it will close because rent on its three-level space will be raised from around $100K a month to more than $500K a month. Perfect space for another chain store.
Stuart Leaf, a financier, purchased and combined nine separate apartments in a Brooklyn Heights condo building. He is now selling the resulting 11,000-square-foot apartment because it is "too spread out." Stuart, you motherfucker.
The planned Flatbush condo is set to open in the next few years. Cheers to New New York.
