The luxury units on sale are piling up in a market with few buyers, he said.
The world’s economic woes are damping sales in the high-end real estate market.
“New York’s luxury-condo market is now at a very, very dangerous edge of bubbles,” the developer said.
Former NFL defensive lineman Mitch Marrow is now in the luxury dog services business.
The U.S. government’s decision to start scrutinizing all-cash buyers could slow demand.
The unit sold for about a sixth less than its price a month ago.
Manhattan Home prices have surged due to closings of luxury deals in some of the city's newest developments.
An image of Donald Trump was taken down from a billboard advertising a golf course and luxury-housing development on the outskirts of Dubai as the backlash grows against his proposal to bar Muslims...
Advisors and clients need to be wary of the potential pitfalls in real estate crowdfunding.
The personal residence trust (PRT) can provide clients with a significant amount of estate tax savings if they are structured properly, these two planners say.
Over a 10-year period, the boring index fund beats New York City's finest condos.
Sales of luxury homes in the area, known for its beachside mansions attracting financiers and celebrities, tumbled 16 percent in the third quarter.
A mansion on one of London’s most expensive roads is at the center of a legal spat between a widow of the late King Fahd Bin Abdulaziz Al-Saud of Saudi Arabia and a foundation he set up to manage...
Mark Zuckerberg moved closer to a trial over a developer’s lawsuit alleging the billionaire committed fraud by reneging on a promise to introduce him to Silicon Valley’s elite as part of a land...
Friedland Properties can endure prolonged vacancies because its holdings are vast, many properties are debt-free and there are no shareholders to answer to.
Manhattan’s growing inventory of ultra-luxury condominiums has another big developer seeing signs of a glut.
The owners of Asian’s largest maker of vaccines paid $120 million for a former maharajah’s residence in Mumbai that most recently had been the U.S. consulate in the city.
Social and environmental impact real estate investments are gaining traction with investors.
The penthouse of a Four Seasons residential project being built in Los Angeles will be offered for $50 million, which would be the priciest condominium ever sold in the city.
A developer of luxury condominiums in one of Mumbai’s popular business districts is seeking private equity funds to buy distressed assets from rivals reeling under record debt.