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Eco-Friendly Mansions Can Hold Hidden Bargains for Home Buyers
There’s still a premium on “green” construction costs, but that doesn’t necessarily translate to resale prices. Photographer: DERRICK LOUIE In 2012, Dani Mouawad purchased a 1.55-acre piece of property in Chapel Hill, NC, then spent 10 months constructing a...
read moreAlmost 40% of U.S. Homes Are ‘Free and Clear’ of a Mortgage
More Americans are living mortgage free. Source: Housingwire About 37% of U.S. households are “free and clear,” meaning they no longer have a home mortgage to pay, according to a Zillow data analysis. This number ticked upward after the Great Recession and over the...
read moreThe Upper West Side’s oldest buildings are posh once more
Then and now: The Belnord is a 1908-built Gilded Age apartment complex that takes up an entire city block at 86th and Broadway. HFZ Capital and Westbrook Partners are converting the rental into condos that are currently for sale from $4.99 million. New York Public...
read moreWith A New $46 Million Home Hitting The Market, What’s Driving The High Prices In This Beverly Hills Enclave?
Asking $46 million, on one of the largest lots in Trousdale MIKE KELLEY/VIEWPOINT COLLECTION What is it about Trousdale Estates? This Beverly Hills neighborhood, where a $72 million purchase by Uber cofounder Garrett Camp and his wife Eliza Nguyen recently broke...
read moreHow the megadevelopment era shapes cities today
The Vessel at Hudson Yards this past June Getty Images for Rafanelli Event Related has made its name with oversized, transformative urban projects. But are these projects in cities’ best interest? Nearly everything about The 78, a massive redevelopment project...
read moreAfter the Woosley Fire, here’s what Malibu builders are doing differently
Malibu rising The coastal city is building fireproofed homes months after one of the largest wildfires in Los Angeles history, while 7-digit closing prices remain the norm 28868 Cliffside Drive, listed by Coldwell Banker’s Chris Cortazzo and Kevin Augunas, recently...
read moreHow ‘biggest urban regeneration project in Europe’ will transform Spanish capital
Mock ups of how Madrid Nuevo Norte will look. Photos: Ayuntamiento de Madrid It has been on the cards for more than two decades, but the Madrid Nuevo Norte project has finally been given the go ahead and promises to entirely transform the Chamartin district of the...
read moreIt’s a Great Time for Billionaires to Splurge on Real Estate
Londonderry Place Source: Society Group It’s a billionaire’s delight: In a market awash in luxury properties and buyers more skittish about parting with their cash, brokers are working harder to close mega-deals. That sometimes means discounts, and even the...
read moreTHINGS TO DO IN L.A. – WEEK OF JULY 29TH
MONDAY Melrose Rooftop Theatre presents the screening of Ghost! Get your tickets here. TUESDAY See Once Upon a Time in Hollywood in 70mm at the historic Cinerama Dome! Click here for the 70mm showings this week. WEDNESDAY Louis Vuitton X exhibition is open to...
read moreChelsea Green is neighborhood’s first new park in 40 years
The quarter-acre respite replaces a Department of Sanitation facility Daniel Avila/NYC Parks A Manhattan neighborhood that’s notoriously lacking in green space welcomed its first new community-based park in 40 years on Thursday. Chelsea Green reclaims a former...
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