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Here's the real reason millennials aren't buying houses
The answer shouldn't come as a surprise: It's because they're still in debt from college.A new report from the National Association of Realtors looking at student debt and housing finds that 83% of...
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New York City's World Trade Center wants Amazon's new headquarters
The World Trade Center is among several sites competing for Amazon’s second headquarters.The city’s received more than two dozen proposals to vie for the company, which is looking for at least 500,000...
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Trump's tax plan could hurt homeowners
If you’ve been pondering how you as a home owner or buyer might fare under the new Republican tax overhaul plan, here are a few points to consider.Although the tax proposal got fattened up a little...
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Trump's tax plan could hurt homeowners
If you’ve been pondering how you as a home owner or buyer might fare under the new Republican tax overhaul plan, here are a few points to consider.Although the tax proposal got fattened up a little...
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Goldman Sachs is getting into the fix-and-flip loan game
Goldman Sachs is getting into the house-flipping loan business. The Wall Street giant is buying Genesis Capital, a lender to investors that buy, fix and flip single-family properties.Genesis issued $1...
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You can get the tiny house of your dreams on Amazon (AMZN)
Home buying is down among millennials, but maybe Amazon can offer a ray of hope.The online retailer sells pre-fabricated houses for between about $3,500 to $36,000 in different sizes and styles, so you...
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The number of retail leases in New York City fell by nearly 25% last quarter
New leases in New York City's borough of Manhattan fell by almost 25% last quarter Times Square was the hottest zone for new leases, CBRE said. The Manhattan retail market saw leasing activity fall...
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A top Bill de Blasio donor described asking NYC's mayor's office for favors...
One of Mayor Bill de Blasio’s biggest donors told a federal court he had a clearly-understood quid pro quo relationship.Federal prosecutors dropped a probe into de Blasio’s campaign fundraising...
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Paul Manafort's Brooklyn townhouse could go on sale for as much as $9 million
Two brokers are in talks to list Paul Manafort's home in Brooklyn. Special counsel Robert Mueller has alleged that the townhouse was part of a money laundering and tax evasion scheme. Sources say that...
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STEPHEN ROSS: 'I don't think New York has a chance' to land Amazon's HQ2
Cities across the country have been posturing to entice Amazon's second headquarters.A panel of real estate experts disagreed on whether New York could win over the internet giant.After Amazonannounced...
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Sluggish condo development is dragging down New York City real estate
New condo development has slowed in New York City. Average prices for a Manhattan condo stayed flat this year, data show. New development condos were the weakest player in this year’s condo market,...
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The 7 biggest retail bankruptcies of 2017
More than 30 retailers fied for bankruptcy this year, closing over 500 individual outlets nationwide.Here are the top 7 bankrupticies of 2017, sorted by debt left exposed. In 2017, more than 30...
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Here are the most valuable housing markets in the US
The US housing market saw significant growth last year, according to a report from Zillow cited by Bloomberg.New York and Los Angeles have the most valuable overall housing markets in the US.The value...
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New York City foreclosures haven't been this high since the Great Recession
The number of foreclosures in New York City have hit the highest volume since 2009, a PropertyShark report found.The number of foreclosure cases have doubled in the last two years.New York Governor...
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Hedge funder Phil Falcone just listed his New York City townhouse for $39...
Phil Falcone and his wife just listed their Upper East Side townhouse for $39 million.It's five floors and 13,300 square feet.They bought the property in 2004 for $10.4 million.Philip Falcone is ready...
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Here's what NYC landlords make on rent-stabilized apartments
The amount landlords can increase rent for rent-stabilized apartments in New York City will be decided soon.44% of the city's rental stock in 2017 was rent stabilized. Median rent for rent-stabilized...
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The percentage of New York City millennials getting parental help paying rent...
Almost 14% of millennials in NYC get parental help paying rent.Rents ticked up .05% in February. According to this week’s market reports, 13.6 percent of New York City millennials get parental...
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Real estate players are looking to corner the market on both baby boomers and...
Millennials are finally looking at the housing market.Housing is in short supply for those millennials looking to buy.Millennials officially surpassed Baby Boomers in 2017 as borrowers for high-end...
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SAM ZELL: The retail industry is still a 'falling knife'
Sam Zell, chairman of Equity International Group, and Equity Residential, thinks the retail industry still has 'an enormous number' of obsolete retail stores.The shopping centers that are now obsolete...
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MAPPED: Google's growing real estate empire
Google owns roughly $14.5 billion in real-estate assets.The tech giant just bought 52 San Francisco locations, worth a total of $820 million.Google owns way more real-estate than just its huge...
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