In recent years, however, shrewd hoteliers have begun to sell up to property developers such as Alchemi, which hope to return the buildings to their former glory, converting them into high–end apartments and townhouses. This is in no small part thanks …
New York Yimby — the acronym stands for Yes in My Back Yard, a wordplay on the more familiar Nimby (Not in My Back Yard) — is a lively, chatty site that is catnip to fans of the city's ever expanding forest of high-rises. The site bristles with …
High–end buyers like to come in and give the property total re-dos anyway, so there's no point to renovating an already exquisite house if you don't even intend to enjoy it yourself? Another hot trend brought to you by The Journal? Some people love old …
There's an obvious price to pay, however, for only building high–end condos and overlooking the mid-range market, though, warns a principal at Keller Williams' Downtown office: "There has to be a range of condos with prices that can accommodate …
Photo: Evan Joseph/Douglas Elliman Real Estate. With water views, loft-like … "It's a real challenge for everyone right now to keep up with the very high end," says Leonard Steinberg, a New York agent with Douglas Elliman. "It's as if a beautiful …
Rising home prices and an increase in jumbo mortgage rates are leading some wealthy home shoppers into the arms of luxury landlords. Steve Halpern, an agent at the New York-based real–estate brokerage Urban Compass, says about 50% of his clients …
"We haven't done this in a vacuum — we've talked to real estate firms," Harvey said. "They think it could work and we think it could work." Hampton Mayor George Wallace said opportunities creating "high-value residential development" are welcome in …
VAIL — Several brokers from Slifer Smith & Frampton recently participated in an international real estate event at Wynn Las Vegas. The Luxury Portfolio Summit is part of the Leading Real Estate Companies of the World Conference Week, an event hosted …
News of new Chinese real estate deals are popping up every quarter. Similar moves happened with the Japanese back in the 1980s. Now it's China's turn. And by most estimates, they are snatching up high end real estate in Los Angeles, San Francisco and …