Home is where the art is. On prestigious Gin Lane in Southampton, the light-filled property that the famed pop artist Roy Lichtenstein had long shared with his wife, the philanthropist Dorothy, has listed for $19.99 million, according to an eye-catching update on the Out East listings portal. This offering comes roughly 27 years following the
Month: September 2024
A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California. United States real estate industry rules governing agent commissions will change on August 17 as part of a legal settlement between the National Association of Realtors and home sellers. (Photo by Patrick T. Fallon /
A Los Angeles abode once owned by the English actress Kate Beckinsale listed for sale on Friday, The Post has learned. Beckinsale paid $3.59 million for the Cape Cod-style home in 2006, then sold it for $3.99 million in 2021, a $400,000 profit. It now has a $4.29 million price tag. The 51-year-old is known
Nobel Prize-winning economist Joseph Stiglitz says the Federal Reserve should deliver a half-point interest rate cut at its forthcoming meeting, accusing the U.S. central bank of going “too far, too fast” with monetary policy tightening and making the inflation problem worse. His comments come ahead of Friday’s pivotal release of U.S. jobs data, with investors
Close-up and side view of classic Georgian buildings in London, England, UK. Colors Hunter – Chasseur De Couleurs | Moment | Getty Images LONDON — London landlords are selling up their buy-to-let properties at record rates as anticipated tax hikes from the U.K. Labour government add further pressure to the once lucrative investment sector. Almost
Gen Z has taken the lead in the homeownership race. In 2023, the homeownership rate for adult Gen Zers, or those between 19 and 26 years old, was higher than the homeownership rate for millennials and Gen X when they were 24, according to Redfin, a real estate company. The race is close, though. About
A palatial home that once belonged to the legendary late prima ballerina Dame Margot Fonteyn is looking for its next steward. The newly listed, nearly 16,000-square-foot property is located in the Knightsbridge district of London — and asks a mighty $85.81 million. Originally built in 1928, Fonteyn — who passed away in 1991 — moved
File photo Patrick T. Fallon | Bloomberg | Getty Images Mortgage demand is now heavily skewed toward refinancing, as interest rates declined for the fifth straight week. Total mortgage application volume rose just 1.6% last week, compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate
China’s troubled housing market will continue to see softness as a slew of government stimulus and support measures have not been “satisfactory” in propping up the sector, according to a JPMorgan economist. The “housing market crash is still not over yet,” Haibin Zhu, chief China economist at JPMorgan told CNBC’s “Squawk Box Asia” Monday, adding
We know the bad news about downtown: offices 30% vacant, Water Street a near ghost town and some old buildings facing foreclosure. But there’s better news as well. And it isn’t all at the World Trade Center and Brookfield Place. Two major towers on Liberty Street shrugged off the pandemic’s worst damage and their owners
Rupert Murdoch, chairman emeritus of media empire News Corp. Axelle/bauer-griffin | Filmmagic | Getty Images LONDON — Rupert Murdoch-owned REA Group said Monday it is contemplating a takeover offer for U.K. property portal Rightmove in a bid to create a global digital real estate business. The Australian property listings company, which is controlled by Murdoch’s
Online retailer Fashion Nova just got a spiffy new California headquarters, the company announced by email this week. Richard Saghian, founder and CEO of the fast fashion company, bought this 175,000-square-foot building in Beverly Hills in an off-market, all-cash deal from real estate corporation Tishman Speyer, The Post has learned. The Real Deal reported that