Month: September 2021

From a Bel-Air estate to a Spanish Hacienda to an iconic New York residence, these properties offer five-star pedigrees for global buyers. When marketing premier properties, those with a back story are distinctively interesting. Il Sogno, listed for $45 million, is a Tuscan treasure featuring the work of several noted … [+] architects, designers and
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Today HomeGoods finally launched its long-awaited e-commerce platform. This is a huge leap for the brick-and-mortar big-box retailer which has 820 stores in 47 states. A division of TJX Companies, Inc, HomeGoods is one of the nation’s leading off-price retailers of home decor.  “We are excited to expand HomeGoods’ digital footprint so customers can shop
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A recent New York case underscored just how easily an exchange of email messages can create a binding contract. Though the dispute involved a litigation settlement evidenced in an exchange of emails, the same principles would apply in real estate contracts or any other area of commerce that involves written agreements. New York’s procedural rules
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Your bathroom renovation has begun and the noise, disruption and cost are producing stress. Then your contractor tells you that the outlets and fixtures cannot be installed until the rough-in has been approved, and that your change orders will up the price of the project. Your eyes glaze over, your head swims, and all you
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Alex Lange has always found himself at the intersection of technology and real estate, and as the industry continues to shift and consolidate, the CEO of Forbes Global Properties believes technology will play an even greater role. Lange came to Forbes Global Properties last December with over two decades of experience in real estate technology.
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Traditionally, Northern Manhattan and the Bronx have been led by the multifamily asset class.  The market for development site sales also primarily focuses on this asset class, with affordable and rent-stabilized housing leading the market. While the Bronx has lately seen a huge resurgence of interest in industrial properties and Northern Manhattan has a growing
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The 2022 paint colors of the year trend towards tranquil, neutral, organic and green. Gone are the intense, saturated hues of the past, and gray, which dominated décor for a while, is definitely in the rear view mirror.  From Behr we have Breezeway, a tranquil, pale green-blue hue. Olive Sprig, PPG’s color of the year,
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In this article JSWSTEEL-IN JINDALSTEL-IN SAIL-IN TATASTEEL-IN Indian metal companies are unlikely to be seriously affected by the crisis unfolding at Chinese property developer Evergrande, according to financial services firm Motilal Oswal. China plays an important role in determining global commodity prices, including that of metals. The country’s real estate sector is a major consumer
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The American Institute of Architect’s latest Home Design Trends Survey of its professional members shows the powerful impact the pandemic continues to have on our living spaces, compounded by other natural disasters. Released September 22, this quarterly study showed a sharp uptick in demand for outdoor improvements, multiple home offices, exercise spaces, and safety features
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Darren Welch | iStock | Getty Images Millions of renters are at risk of financial hardship as federal and state relief measures wind down. That’s a new warning from the Consumer Financial Protection Bureau, which found that the pandemic-era safety net helped renters across the U.S. maintain stability during months of historic unemployment and uncertainty.
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With ocean views and a blanket of greenery surrounding it, one might think this custom compound is set on the North Shore of Kauai. In actuality, the $29.95-million estate is across the Pacific—nestled among 140 acres of organic avocado groves in Somis, California, a quiet community located halfway between Beverly Hills and Santa Barbara. Built
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Real estate financing often includes something more than an ordinary mortgage loan. A borrower often obtains additional funds through a separate mezzanine loan, secured by a pledge of ownership interests in the entity that owns the mortgaged real estate. Because those ownership interests are not real estate, the lender’s rights are governed by the Uniform
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Amid the chaos surrounding concerns about debt payments by China’s property developer Evergrande Group, it’s good to be the chairman. Although Evergrande Group’s 80% stock decline so far this year has made a dent in its billionaire founder and chairman’s fortune, Hui Ka Yan will remain extraordinarily wealthy even if the company collapses under the
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