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Hilton to Sell the Waldorf Astoria Hotel to Chinese Insurance Company for $1.95 Billion
It's where the Waldorf salad was invented; it was the first hotel to offer room service; and it has its own railway platform to Grand Central, large enough to fit FDR's car. The historic tidbits about
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Rent the Ultra-Opulent Plaza Pad of Kazakhstan President’s Nephew for $55K a Month
Daniyar Nazarbayev, the ultra-rich nephew of Kazakhstan President Nursultan Nazarbayev, is now leasing his equally ultra-luxurious four-bedroom at The Plaza Hotel for $55,000 a month, reports the N
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16-Story Residential Sliver Building to Rise near Union Square
Rendering by AvoidObvious | Spector Group A new 16-story residential sliver tower will squeeze its way skyward from a narrow lot at 10 West 17th Street, situated just a block from foodie-hub Union
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+16 +1
A Mystery Bidder Offers $3 Million for 6,000 of Detroit's Worst Homes
Three million dollars can barely buy a new townhouse in Brooklyn these days, but it could be enough to purchase a bundle of more than 6,000 foreclosures up for auction in Detroit.
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Wall Street firm pushes for student loan forgiveness
One Wall Street firm has an idea that's raising eyebrows: forgive some student debt for first-time homebuyers.
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Managers and Real Estate Guiding Principles in Dubai, UAE
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Russian Luxury Apartment Rents Sink as Expats Flee Moscow
Rental prices for Moscow's most expensive apartments fell 17 percent last year, according to a forthcoming IntermarkSavills report, with analysts blaming multinationals fleeing Russia and a collapsing ruble for the dip in rates. Demand for high-priced apartments — properties with monthly rental rates between $4,000 and $10,000 — fell 9 percent last year, compared with 2013, according to the IntermarkSavills report, which blamed the drop...
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How to beat Vancouver's hellish housing market: a tiny house
According to a recent international report, Vancouver has the second most affordable housing market in the world, but some people are beating the prices by going small. Really, really small.
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Tiny House Villages Seek Tiny Plots of Land Near San Francisco
Jay Shafer has been designing and building tiny houses since the late 90s. Through his company, Four Lights Houses, he sells tiny-house plans, from a 98-square-foot miniature Craftsman called the Zinn to the 288-square-foot Marie Colvin, whose pint-sized columns are embellished with stonework. Shafer, who also leads workshops and offers his services as a builder, has been written up in the New Yorker and even once welcomed Oprah into his 96-square-foot home for a video tour, in which he...
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Homage to Versailles on Fifth Avenue
An ornate apartment, reinvented by the interior designer Howard Slatkin as his own urban sanctuary, is poised to enter the market at $10 million.
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‘Rent-a-Foreigner in China’
In China, it’s hard to find a city that has not built ambitious new districts on its rural periphery. But overbuilding has led to ghost towns: Towering rows of luxury apartments sit completely empty, especially in smaller cities in China’s hinterlands. The lifeless streets seem to contradict official claims that these new developments will become booming, globalized cities. In this Op-Doc video, I profile one interesting solution: the rent-a-foreigner industry.
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Moving? Students Devise A Smarter Way To Pack Boxes
Carnegie Mellon students partner with Ford on a conceptual scanner that catalogs your stuff, making packingand unpackinga cinch.
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Mapping the U.S. by Property Value Instead of Land Area
Troubling inequities are revealed when you look at the country by total property values.
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Vancouver is mortgaging its future for a market that’s anything but free
In modern-day Vancouver, policies at all three levels of government are leading to another great generational wealth transfer – not on Russia’s scale, perhaps, but certainly the largest in the city’s history
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You Can Now Buy a Texas Ranch That's the Size of a Small Nation, For $725 Million
The famed Waggoner Ranch stretches “as far as the eye can see.” Now, after 20 years of litigation, two brokers are courting prospective buyers.
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The Ghosts of Pickering Trail
One family hoped their new home would bring a fresh start. But the house held secrets that would cause them years of heartache. By Will Hunt and Matt Wolfe.
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This 61-year-old hotel has never had a single guest
The 300-room hotel in Italy has had more than one “grand opening,” but it hasn’t hosted a single guest. Italy is well known for its delizioso pasta, bello countryside, many beaches and often dysfunctional politics. But it also boasts at least one “ghost” hotel. Most Americans have never heard of Grande Hotel de Calogero. But the hotel complex in Sicily has been under construction for decades and has never hosted a single guest. The story of this hotel offers a window...
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Inside the Zestimate: Data Science at Zillow
If you're like most homeowners, you probably sneak a peek at your 'Zestimate' from time to time to see how your home's value might have changed. Here's a glimpse at the data science behind the curtain.
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The Chinese super-rich are about to flood the US real-estate market
"Where they are buying will also be different. The investor will buy in higher-tier neighborhoods, such as New York or Los Angeles."
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Leaked Seattle Audit Concludes Many Mortgage Documents Are Void
In a finding with national implications, a Seattle land-record audit reports that all assignments of mortgages involving MERS — and therefore any resulting foreclosures — were fraudulent.
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