Mother Nature – a.k.a. necessity – is the mother of housing invention. Or it had better be. Every wildfire, super-convective storm, seismic spasm, tidal surge, polar vortex bomb cyclone, tornado, months-long drought, inch of coastal erosion – there were 22 events whose destructive toll eclipsed $1 billion and took 262 lives in 2020, according to
Real Estate
When it came to decorating their home on Manhattan’s Upper East Side, Amy Schultz and her husband, noted dermatologist and BeautyRx founder Dr. Neal Schultz, found inspiration in a familiar setting: picturesque views of the East River. “Overlooking the East River provides a sense of peace that is very rare for a New York City
800 S. Greer Pittsburgh, Texas Clayton Pilgrim CENTURY 21 Harvey Properties So much has changed in one year. What we once thought of as a rural community, too far from our favorite hang outs, is now practically an exurb of Dallas. A mansion of a home set up with fiber optics, dedicated office spaces, stealth
Median home listing prices hit a historic high of $370,000 according to Realtor.com. Recently releasing its latest Monthly Housing Trends report, realtor.com saw year-over-year median listing prices rise 15%. While that’s good news for sellers buyers continue to compete in markets where multiple offers often come in six figures above asking price especially in those
Today Kimco Realty KIM , one of the largest shopping center REITs in the US, announced it was merging with Weingarten Realty WRI for $5.9 billion in a mix of stock (90%) and cash (10%). Each WRI share will be converted into 1.408 newly issued KIM stock plus $2.89 in cash per share and upon
Florida’s Barrier Islands have a wealth of attributes – waterfront, abundant views and a tropical paradise vibe. This palatial Georgian estate graces 160 feet of Intracoastal Waterway on private Gem Island in the John’s Island community of Indian River Shores. The 11,758-square-foot home lies on the 1,650-acre John’s Island, a waterway envisioned half a …
Is “deal or no deal” a popular refrain from a successful game show or is it the voice of real estate investors who are growing concerned about the potential repeal of Section 1031 of the Internal Revenue Code? A recent read of the Biden/Harris tax plan reveals a $4 trillion tax hike, and one
Outside, it’s part private park, part sanctuary. Inside, it’s an elegant, designer hideaway worthy of a magazine centerfold. Altogether, it’s a compound for the ages and the latest trophy to hit a surging luxury real estate market in Montecito, Calif. Called Mira Vista, the sprawling estate of more than 28 acres listed for sale last
In yet another sign of the white-hot residential market in Florida, Guggenheim Partners chief investment officer Scott Minerd bought a pair of penthouses in Miami for $12.5 million, sources familiar with the transaction tell Forbes. The purchases comprise an entire floor of the 51-story Biscayne Beach tower, in what appears to form the largest penthouse
Is it possible to create flexible and health-conscious yet unconfined residential interiors for the post-pandemic age? The architects at prolific New York City architectural firm CetraRuddy believe so. The innovative and malleable interior designs they created over the past few months are applicable not only during quarantines of the kind endured lately, but also during