The Yankees, as noted by the New York Post's luxury-tax meter, are in serious danger of crossing the threshold and blowing their chance to save tens of millions. The addition of Tanaka would put the Yankees over the threshold even if third baseman Alex …

He said the Naval Criminal Investigative Service began to suspect that one of its agents, John Beliveau II, was tipping off Francis about Navy inquiries on his firm in exchange for luxury trips and prostitutes. The NCIS planted bogus information with …

Ironically, the new ban was announced on the same day that a company providing high-end funeral services—a plot and tombstone in Shanghai costs up to 500,000 renminbi ($82,356)—offered public shares on the Hong Kong Stock Exchange.

Townhouses, many of which were built in the late 19th and early 20th century, can be difficult to maintain, and they don't have the services that make living in a doorman building is so convenient. However, there are some unexpected benefits to living …

Over 80% of China's luxury goods buyers are under the age of 45 vs. 30% in U.S. and 20% in Japan. The fringe luxury goods market is where there are more interesting and challenging projections to be made as some of these brands are not as bulletproof …

… launches new luxury brand: Dusit Devarana. Ending the year on a strong note, leading Asian hospitality group Dusit International has announce the launch of a new premium hotel brand, Dusit Devarana, fulfilling the needs of a new segment for the group.

20 (Bloomberg) — Bloomberg's Tom Keene discusses Chinese investment in the U.S. real estate market. He speaks with Betty Liu and Cory Johnson on Bloomberg Television's "In The Loop." (Source: Bloomberg). Please enable JavaScript to view the …

First-floor master suite: A higher–end model called the Callahan features up to seven bedrooms, including a master suite on the first floor. Such first-floor master suites are becoming more popular with baby boomers who plan for the time when they can …

When Heatherwood Communities began seeking commercial tenants for the ground floor of 568 Union, a high–end rental building on Union Avenue in Williamsburg, Brooklyn, “bars were not what they were looking for,” said Chris Havens, who spearheaded …