Forget Palm Beach — Florida sun-seekers are heading to this burgeoning nearby enclave
Wall Street South execs are moving north — but only a few miles.
And they’re not alone, as many house hunters on this end of Florida look to the under-the-radar Palm Beach Gardens — just 12 miles north of Palm Beach, which offers more space and less of a hustle.
As The Post reported in 2023, Wall Street entities like Goldman Sachs have set up shop in new shiny towers in West Palm Beach, and luxury shopping and dining areas are now carved into the coastal Florida city....
Rents across the U.S. grew for the first time in 6 months — only Arizona saw price drops in every metro
Ascentxmedia | E+ | Getty Images
Rent prices for one- and two-bedroom apartments grew in March for the first time in six months.
The monthly cost for a one-bedroom apartment across the U.S. bumped up to $1,487, a 0.3% increase from February. The price of a typical two-bedroom apartment also jumped 0.5% to $1,847, according to a new report by Zumper, a real estate data site.
“It’s kind of expected,” said Crystal Chen, a spokeswoman for Zumper....
Can Meal Planning Help Me Save on My Grocery Bill?
The average amount of groceries is going up for most Americans. Whether you are on your own and making a meal plan that just includes things you enjoy eating, or you are trying to stretch your budget for a whole family, there is no denying that the price tags on things at the store seem to be going through the roof. This can make it hard to budget and still get to enjoy some of the great meals that you would like.
With that in mind, you need to find some simple methods that will cut down...
DJ Khaled’s former Florida home lists for $16.39M — his 1,000-square-foot sneaker shrine still included
DJ Khaled’s former South Florida mansion is hitting the market for $16.39 million — and much of his furnishings, including three 14-karat gold chandeliers with Swarovski crystals and his sneaker shrine, are part of the deal.
The Aventura home, at 3914 Island Estates, includes the music producer’s famed 500-plus sneaker collection room, with its “WETHEBEST” logo on the floor. Alas, this being his former home, DJ Khaled’s famed sneaker collection is...
Mortgage demand stalls, even as interest rates moderate
A ‘For Sale’ sign is posted on the lawn in front of a home on March 15, 2024, in Miami, Florida.
Joe Raedle | Getty Images
The usually busy spring housing market is underway, but mortgage demand isn’t moving. Application volume was essentially flat last week, dropping 0.7% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
The average contract interest rate for 30-year fixed-rate mortgages with...
Feds seek seizure of two New York apartments worth $14 million tied to former Mongolia leader in alleged mining scheme
Batbold Sukhbaatar of Mongolia addresses the Millennium Development Goals Summit at the United Nations headquarters in New York, September 22, 2010.
Emmanuel Dunand | AFP | Getty Images
Federal prosecutors on Tuesday sued to seize two New York City apartments worth $14 million that were allegedly bought with proceeds from a corrupt scheme involving Mongolia’s huge copper mine, a former prime minister of that nation, and his Harvard Business School graduate son.
The lawsuit...
Vacation home co-ownership platform Pacaso expands to lower-priced listings
An example of Pacaso’s new lower-priced vacation home listings.
CNBC
Luxury vacation home co-ownership platform Pacaso is attempting to appeal to the masses, as it grows its business during a pricey and competitive phase of the housing market.
The company, which launched in 2020 with multimillion-dollar homes listed for co-ownership, is now introducing thousands more listings with share prices starting as low as $200,000. Previously, shares had been closer to half a million...
Palm Beach’s bonkers home prices are finally falling
An affordable shelter in the land of pastel polos and big bleach-blonde blow outs? Go fish. But for home hunters dead set on targeting pecunious Palm Beach, there is some relief in sight.
“We’ve had this frenzy of prices more than doubling over the last four years,” said Jonathan Miller, CEO of appraisal firm Miller Samuel. The good news? “Now we’re seeing pricing stabilize.”
It’s not that prices are dipping, exactly. There are far too few...
Biden campaign’s latest broadside: A ‘feeble’ Trump is ‘lying about having money’
Former U.S. President Donald Trump speaks from the hallway outside a courtroom where he attended a hearing in his criminal case on charges stemming from hush money paid to a porn star in New York City, U.S., March 25, 2024.
Brendan Mcdermid | Reuters
A court ruling that slashed Donald Trump‘s civil fraud appeal bond was a financial win for the former president. But the campaign of his rival, President Joe Biden, found a way to capitalize on the news.
“Donald...
Adam Neumann makes a $500 million bid for WeWork that could hit $900 million if financing and diligence firm up
Adam Neumann of WeWork and Victor Fung Kwok-king, right, chairman of Fung Group, attend a signing ceremony at WeWork’s Weihai Road location on April 12, 2018 in Shanghai, China.
Jackal Pan | Visual China Group | Getty Images
Adam Neumann has submitted an unsolicited bid in excess of $500 million to acquire WeWork out of bankruptcy, a person familiar with the matter told CNBC.
Pending due diligence, that bid could go up to $900 million, the person said.
Neumann’s...
Home price growth is back at pre-pandemic levels. Here’s what that means for buyers and sellers
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Andrew Caballero-Reynolds | AFP | Getty Images
The rate at which home prices grow is slowing down.
U.S. home prices increased 0.6% from a month before in February, in line with the 0.6% average monthly gain in the roughly eight years leading up to the Covid-19 pandemic, according to a new Redfin analysis.
Before the pandemic, it was normal for prices to grow about half a percent every month, or to...
CBRE rolls out new-look ‘Real Estate Capital of the World’ banners across city
Face it, leasing activity is less than overwhelming these days.
So the heavy-hitters at CBRE took advantage of the lull to give the 8.2 million New Yorkers what everyone was clamoring for:
Yes! More of CBRE’s “Real Estate Capital of the World” banners. And with a fresh new look! Some 150 green and white banners now hang along and near 57th Street, in the Grand Central Terminal area, FiDi, Hudson Yards, the Meatpacking District, Chelsea and the...
China faces ‘fork in the road,’ IMF chief says, urging Beijing to embark on pro-market reforms
Kristalina Georgieva, Director of the International Monetary Fund (IMF), speaks during the China Development Forum 2024 at the Diaoyutai State Guesthouse on March 24, 2024 in Beijing, China.
China News Service | China News Service | Getty Images
China has two choices right now: return to its old economic policies, or choose reforms to spur growth, according to the International Monetary Fund’s Managing Director Kristalina Georgieva.
“China is poised to face a...
As Trump’s $454 million fraud judgment deadline looms, son Eric gripes ‘they want to bankrupt him’
Former U.S. President Donald Trump speaks to the media after voting at a polling station setup in the Morton and Barbara Mandel Recreation Center on March 19, 2024, in Palm Beach, Florida.
Joe Raedle | Getty Images
Donald Trump faces the severe risk that New York‘s attorney general will begin trying to collect a $454 million civil business fraud judgment against him on Monday unless an appeals court gives the former president a last-minute reprieve.
Trump’s son...
More NYC landlords tout ‘fun’ office amenities despite vacancy uptick
The fun-factor train keeps on chugging along at the city’s premier office buildings as landlords struggle to arrest an alarming increase in vacancies, which now top 20% overall.
The Post reported last week that landlords have introduced unprecedented numbers and varieties of amenities that are exclusively for tenants’ use — a strong inducement both for luring companies to their properties and encouraging employees to quit their WFH habit and return to the office....
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