Zeckendorfs accused of 'brazen fraud' in $80M penthouse sale
NYC developers promised potential buyers a breathtaking $80M penthouse on Billionaires' Row, boasting stunning views of Central Park. Instead, the buyer got a front-row seat to a skyscraper
by Richelle Hammiel Mar 31
Realogics Sotheby's Realty partners with AI startup Realtie
As Washington cities undergo upzoning this year, timing of the firm's partnership with the AI platform that can predict seller readiness and identify areas for redevelopment couldn't be better
by Lillian Dickerson Mar 21
SERHANT. expands to Atlanta with 9-person Atlas Group
The relatively new team made up of seasoned professionals has already made a big splash in Atlanta, ranking as the No. 5 medium team by sales volume, according to RealTrends
by Lillian Dickerson Nov 13
7 procedural components to make eminent domain seizures more fair
Procedural fairness pertains to the just treatment of the processes and methods used to make eminent domain decisions and resolve disputes, real estate educator Lee Davenport writes
by Lee Davenport Aug 29
Developers sit on empty lots as higher rates delay projects
After a generationally high apartment construction boom, some developers are now finding that the economics no longer make sense on in-progress projects
by Ben Verde Jun 4
Kushner project on site of NATO bombings in Serbia draws protests
The Serbian government signed a deal with a Kushner-affiliated development company earlier this week that will allow them to redevelop the former headquarters of the Serbian army
by Ben Verde May 17
Forget the NAR settlement. New development transactions still pay
Opinion
As brokerages pivot to specialized training meant to empower buyer agents, new-home sales still provide plenty of opportunities for intrepid Realtors, development specialist Hana Cha writes
by Hana Cha Apr 8
More areas ID'd for redevelopment see big home-price gains
Investors in these lower-income 'opportunity zones' receive tax incentives for improvements. And 2 in 5 of these neighborhoods saw a disproportionately large rise in home prices in late 2024
by Daniel Houston Feb 14
Once China's biggest developer, Evergrande ordered to liquidate
The developer was once considered too big to fail, but it over-borrowed and was hurt by China's weakening property market
by Ben Verde Jan 29
Why utopias fail and the 'Ponzi scheme' of new development
Michael Rodriguez, director of research at Smart Growth America, said that people have been building utopias for millennia, but the best cities are the ones that gradually evolve over time
by Jim Dalrymple II Dec 27
Texas surged during COVID. Now, its luxury markets are being tested
Droves of people have flocked to Texas for new jobs, tax and affordability purposes, and political reasons, and demand from this new class of wealthy buyers is stretching luxury inventory thin
by Lillian Dickerson Jul 28
California's loathed 'Mansion Tax' falls flat in first full month in effect
Implemented in April on properties over $5M, the ULA Tax was intended to bring in an average of $56M in revenue per month to the city of L.A. During its first month, it brought in just $3.6M
Study up! 5 topics agents should brush up on to prepare for what's next
In real estate there is always something to learn or a lesson to be gleaned. If you have never worked in a down market, move these topics to the top of your study list
by Jack Gross Jul 29
With REDtech, Madelon Group is betting big on modular multifamily
Opinion
This can be a powerful tool for reducing municipal friction, cutting delivery timelines and attracting investors
by Craig C. Rowe Feb 8