Commercial
'JPMorgan Unit Buying Manhattan Office Tower for $750 Million
'World’s Smallest Hotel to Open in Copenhagen
'Sunstone Acquires New Orleans Hilton for $59.4 Million; Under Contract to Purchase Boston Park Plaza &Towers for $250 Million
EDITOR'S PICKS
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Residents of a Chicago Mobile Home Park To Lose Water Access Days Before Thanksgiving
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Dozens Left Homeless After Apartment Fire Sparks In Durham
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Homebuying 101: 5 Red Flags To Watch Out For
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US Home Prices on the Rise: Here's Where Houses Are the Priciest
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Real Estate: 3 Things To Know Before You Start Investing
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If you thought that the real estate market on earth was hot, you would definitely call the property market of the moon “scorching”. Dennis Hope, founder of Lunar Embassy Corporation and a real estate agent claims that he has sold almost around 7.5 percent of the moon’s land and made around $600 million by selling 11 acres of the natural satellite! -
'UBS Sub-Leasing Park Avenue Office Space to Cut Property Costs
UBS, the Swiss banking giant is reportedly cutting down on its leased office space in the 299 Park Avenue Building, a 42 story office tower located in Manhattan, New York. The move comes as the company is looking to cut down its property costs. -
'Real Estate Brokers to Drop “Inflated” Titles
Looks like the business card printing stores in New York will get a fresh influx of orders, largely from real estate brokers . The Real Estate Board of New York will soon impose a ban on the titles that these agents carry. -
'Candy Furniture: The Next Crazy Thing in Home Décor? (PHOTOS)
Just after the world of home décor was awestruck with plans of commercializing “cook-able” furniture, a new type of edible furniture has made its way into the world of interior decoration. The new collection of furniture would easily remind one of “Willy Wonka and the Chocolate Factory” as one of the sofas is made of white chocolate and a small table formed of hard boiled orange candy! -
'UN Security Council Chamber in New York Reopens After Renovation
The original United Nations Security Council Chamber finally opened its doors to the delegates after three long and strenuous years of remodeling and renovation on April 16, 2013. The Council room looks spick and exudes an air of importance and respect that it very rightly holds. -
'Five Favorite Cities of the Ultra-Rich (PHOTOS)
The rich have their reasons for investing in or favoring a particular city. While some cities win with their “business importance and trade hub” features, others acquire an edge for being a “prospective developing city”. Check out the top five favorite cities of the rich in the slideshow here. -
'New Hyatt Regency Hotel to Open in Tashkent, Uzbekistan by January 2015
An affiliate of the Hyatt Hotels Corporation has reportedly entered into an agreement with a state unitary enterprise of Uzbekistan to build a brand new Hyatt Regency Hotel in the city of Tashkent. The hotel will help boost the already strong tourism sector of the country. -
'James Packer Reveals Design Finalists for Upcoming Crown Sydney Hotel
James Packer, renowned billionaire businessman and hotelier has revealed the designs for his upcoming hotel/resort project, The Crown Sydney Hotel, which is slated to be a part of the $6.21 billion Barangaroo Project. -
'“Shark Tank” Star and Corcoran Group Founder Calls Taylor Swift’s Rhode Island Mansion Deal “Lousy” (VIDEO)
Reality TV show “Shark Tank” star, Barbara Corcoran, who is also the founder of Corcoran Group, a real estate empire, has reportedly called Taylor Swift’s Rhode Island Mansion deal “lousy”. -
'Rapid Realty Hiking Employee Pay for Getting Company Logo Tattoo
Rapid Realty, a real estate firm based in new York is reportedly hiking their employees’ annual salaries if they agree to get a tattoo of the company’s logo. The tattoos are all paid for by the company. Each tattoo costs around $300 which is financed by the company itself. Moreover, there are no restrictions on where the tattoo is made too. -
'Construction Finally Resumes on the “Queen of Versailles” Mansion – America’s Largest Home
Construction on America’s largest mansion, a 90,000 square feet palatial residence designed after the great “Palace of Versailles” has finally resumed construction. Owners of the residence, David Siegel, founder of Westgate Resorts and his wife Jackie Siegel have finally accumulated the $30 million they needed to complete construction. -
'Minnesota’s Tallest Office Tower, IDS Center, Sells for $253 Million
Minnesota’s tallest office tower, the 57 story IDS Center has sold for $235 million to a consortium of commercial property investors in a partnership deal. The consortium includes Florida-based Beacon Investment Properties, LLC, Tel Aviv-based Harel Insurance Investments & Financial Services Ltd. and Menora Mivtahim Insurance Ltd.
