Tag Archives: wall street journal

New bill could make NYC co-ops explain why they reject buyers

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New York State Senator Brian Kavanagh is sponsoring a bill that would require co-op boards to reveal why they turned down a potential buyer. Continue reading →

Commercial property giant Jones Lang LaSalle takes on rental market

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JLL has forged an agreement with rental property management company Roofstock, which stands to give the startup significant stature in the rental home investment market. Continue reading →

Jeff Bezos’ $165M mansion deal shatters Los Angeles sales record

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Bezos bought the Beverly Hills estate from Hollywood mogul David Geffen in an off-market deal without the involvement of any agents. Continue reading →

Real estate fundraising plunges to lowest level since 2013

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The amount of capital raised by real estate private equity funds shrunk from $35 billion in the fourth quarter of 2018 to $18 billion in 2019. Continue reading →

California home sales set back by high cost of fire insurance

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Home sales in certain at-risk parts of California are beginning to fall as wildfires become an annual reality in the state. Continue reading →

9 private islands in the Bahamas listed for $30M

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A set of nine Bahamian islands 70 miles off the coast of Florida and once visited by Richard Nixon have been listed for $29.9 million. Continue reading →

News Corp. earnings fall short, but realtor.com parent Move saw growth

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News Corp., owner of popular portal realtor.com, revealed Thursday that its revenue declined more than expected in recent months, though realtor.com’s parent Move actually saw revenue grow. Continue reading →

Next big luxury design trend? Think dinosaur fossils

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Homeowners are showing interest in dinosaur fossils as one-of-a-kind fixtures sure to spark interest and envy or as part of their mission to establish private museums. Continue reading →

Uptick in mansion tax drags NYC luxury sales to 4-year low

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Combined with an rising transfer tax, the uptick has caused luxury sales for properties priced above $2 million to fall 31.5 percent. Continue reading →