Miller Samuel News
-
Just a year since the U.S. housing market hit bottom after the biggest plunge in eight decades, signs of excess are re-emerging.
-
U.S. mortgage rates rose, pushing borrowing costs for a 30-year loan to the highest in six weeks.
-
Manhattan’s 57th Street, where the two tallest condominium towers in New York are under construction, is poised to get a third skyscraper with apartments perched above the city at near-record heights.
-
Verizon Communications Inc., the second-largest U.S. phone company, will sell or lease out about half the space in its Manhattan headquarters, part of a move to cut costs and raise cash in a rebounding real estate market.
-
Home sales in the Hamptons, the Long Island beach retreat for summering Manhattanites, rose 21 percent in the first quarter, led by lower-priced properties after a year-end selling rush drained the area of luxury deals.
-
Manhattan apartment rents jumped in March at the fastest pace in six months, sending rates to within about 2 percent of their peak, as limited inventory in the sales market fueled competition among tenants.
-
The California Public Employees’ Retirement System bought 345 apartments in two adjacent Manhattan towers from a partnership including Carlyle Group LP, gaining rentals in New York as lease rates approach a peak.
-
Manhattan apartment prices climbed in the first quarter as buyers competed for properties amid the biggest inventory decline in more than a decade.
-
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., bought a commercial co-op unit on the ground floor of his Manhattan apartment building for $2.05 million.
-
Manhattan apartment prices dropped in the first quarter as condominium sales plummeted and new- development deals made up the smallest share of the market in almost seven years.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page