LA developer hit with lawsuit for homeless housing Ponzi plot
California's attorney general alleged that Shangri-La Industries illegally put developments in the state's Project Homekey housing program under threat by borrowing against them
by Lillian Dickerson Jan 19
Can a mega-mansion in Paradise Valley bring in a record $75M?
The state's priciest deal sold for $28.1M in June 2022, but with the lure of a metaverse room, a spa that generates snow and more, developers think they can get $75M for a home still in progress
by Lillian Dickerson Feb 28
Tiny-home startup's production delays raise investor eyebrows
Tiny-homebuilding startup Boxabl has received $140M in funding since its founding and now has a waiting list of 160,000 orders. How long will investors wait for homes?
New York state and New York City recoup $3M from luxury developer
Heatherwood received tax exemptions on 2 of their rental properties in Queens and Brooklyn, but failed to pay the buildings' service employees wages and benefits for over 2 years
Los Angeles real estate developer arrested in murder-for-hire plot
Developer Arthur Aslanian has been arrested for attempting to hire a hit man to kill a banker and an attorney that he collectively owed about $3.25M, the Los Angeles Times reported Friday
Engel & Völkers Americas promotes NYC leader as chief strategy officer
Stuart Siegel will identify and manage new areas of growth opportunity and keep existing roles as a leader at the brand's New York City office and as global head of Private Office and Development
by Lillian Dickerson Sep 27
A $100M island sold in 4 months: The moves behind this agent's deal
After Great Island failed to sell, Douglas Elliman agent Jennifer Leahy succeeded where other agents failed by leaning on her network, building community ties and thinking outside the box
The luxury home of the future is all about blurring boundaries
A deep integration with nature, more space and high-end smart home features are just some of the things luxury buyers will demand in their future homes
by Lillian Dickerson Oct 25
NYC developer appeals $6.75M judgment in 5 Pointz graffiti case
Developer Gerald Wolkoff appealed the judgment, saying 'aerosol artists rights must be limited'
by Marian McPherson Sep 3
Maracay Homes in Adora Trails
Maracay is selling brokers, agents, and homebuyers on the benefits of the LEED green building standard
by Tina Casey Dec 29
Oil workers
Charged with defrauding investors of more than $2.1M for indoor RV park that was never built
Eliot Spitzer better hope the East River doesn't wreck his new buildings
420 Kent Ave. is right on the waterline, which makes for great views ... and higher risks
by Carl Franzen Oct 2
How developers are tapping technology to sell ultra-luxury real estate
In a city where high-end condos sell out before they're finished building, technology is key
by Arno de Vos Oct 13
RealtyShares crowdfunded real estate investments now in Miami, Chicago
Crowdfunding platform gets hyperlocal in effort to target real estate and tech sectors
by Kimberley Sirk Feb 17
The no. 1 rule for disrupting an industry? Do your homework
This time things will be different
by Sam DeBord Feb 9