Here’s what the $10M-$20M investment sales market looked like last week

Last week in the world of mid-market New York City investment sales, the Permanent Mission of the United Arab Emirates bought an additional 10,000 square feet at its Midtown headquarters for $12.2 million and Tamrak Management Corp. picked up a Bronx rental building for $11 million. Click here for the story and more. Source: Real […]

Congress could play Grinch this Christmas for homeowners

Could it be a grim and grinchy December for thousands of home owners facing ongoing challenges with their mortgage payments and property values? Could popular deductions for mortgage insurance premiums and energy-efficient home improvements abruptly vanish? That’s the way things are shaping up in the closing weeks of the post-election lame duck congressional session. Republicans […]

Kushner loans Moskovits $33M for Bushwick project

As traditional banks tighten the purse strings, Jared Kushner is seeing through a commitment to establish his firm as a peer-to-peer lender. A debt fund under the Kushner Companies umbrella provided a $33 million loan to Toby Moskovits’ Heritage Equity Partners for a new mixed-use office and retail project at 215 Moore Street, according to […]

Presenting the 10 most expensive listings in the US

From Luxury Listings NYC: The luxury residential market may be experiencing a little bit of a slowdown here in New York City, but that hasn’t stopped billionaires around the country from listing their giant homes for equally gigantic prices. On occasion, these listings are snapped up quickly, as the Playboy mansion was earlier this year for $100 million. […]

A new luxury development in Beverly Hills is offering robot butlers

From Luxury Listings NYC: Residents at Ten Thousand, a luxury 40-story building in Beverly Hills, are set to have a space-age amenity available to them when they move in this January. According to the Daily Mail, the building’s future tenants – who will be spending anywhere between $8,500 and $25,000 per month on rent – will have access to a robot […]