Real Estate/REITs

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The Real 'Crazy Rich Asians' Estate Is Up For A Luxury Rebuild

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The sprawling, vacant plot in Singapore may be transformed into a luxury residential development.

Billionaire Row Condo Board Sues Developers Over 1,500 Building Defects

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The condo board at one of New York's toniest towers has sued developers, citing flooding, noise and stuck elevators.

Billionaire's Swiss Luxury Hotel To Accept Crypto Payments

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A hotel controlled by billionaire Samih Sawiris will allow guests to use cryptocurrency to pay for their stay.

Taxing Rich People's Empty Homes Isn't Helping The Housing Crisis

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L.A. is planning to put a vacant homes tax on the ballot for 2022, in the face of a mounting homelessness crisis.

The Ultra-Rich Are Driving A $24 Billion Property Frenzy In Singapore

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With inflation on many minds, the ultra-rich are stuffing cash into luxury properties around the globe.

For $11.5 Million, A Family Compound On Sag Harbor's Main Street

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William Richmond-Watson purchased this rambling 18th century house in 2013.

Even Your Little August Beach Vacation Will Cost More This Year

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Vacation rentals in the Hamptons are 50% more expensive than they were pre-pandemic.

Billionaires' Row Condo May Face Foreclosure After Loan Default

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The owner of the exclusive condo defaulted on a $13.75 million mortgage.

Rich New Jersey Shore Enclave Says No To Climate-Change Rail Project

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Bay Head, like other Jersey Shore communities, is threatened by climate change.

Why Hasn't Climate Change Put A Dent In Luxury Real Estate?

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Events such as flooding and hurricanes seem to encourage high-end construction rather than deter it, says one appraiser.

Banks Are Giving The Ultra-Rich Cheap Loans To Fund Their Lifestyle

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Asset-backed debt is one of the hottest parts of private banking.

Penthouse At Manhattan's 432 Park Ave. Listed At $169 Million

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The owner of the 96th-floor penthouse is seeking almost double the original purchase price.

Manhattan Luxury Buyers Shun Co-Ops For Less-Intrusive Condos

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Luxury home buyers are on a shopping spree in Manhattan. And they're largely avoiding co-ops.

Elon Musk Says He's Putting Last Remaining House On The Market

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Tesla's CEO previously said he has only one house in the San Francisco area.

Mansion Built By Olan Mills Fortune Hits Market For $7 Million

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The late daughter of Olan Mills designed a dream home surrounded by protected forest near Chattanooga.

Luxury Home Sales Soar As U.S. Recovery Favors Wealthy Buyers

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In the three months through April, purchases of high-end homes increased 26% from a year earlier.

Billionaires' Row Homeless Shelter Plan Revived By New York Court

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A plan to build a homeless shelter along one of Manhattan's swankiest neighborhoods got a green light.

Billionaire's $15 Million Fishing Lodge Faces Seizure In Record Tax Case

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The government only has to show an asset was “the product of tainted funds” to take it in a civil forfeiture proceeding.

Steven Mnuchin Sells His Park Avenue Co-Op After 21% Price Cut

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The former Treasury Secretary sold his Manhattan co-op apartment at a deep discount.

California Home Prices Shoot Past $800,000 For The First Time

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The pandemic is burnishing California's reputation for costly housing.

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