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New York City Tower to Become Tallest Residential Building of America

A proposed plan for a new residential tower at 520 West 41st Street, New York City, shows that it will be the tallest residential building in the United States.

Mortgage Rates for 30-Year Loans Slip for Straight Third Week

Mortgage rates in the U.S. for 30-year loans slipped straight third week and lowered the borrowing costs.

Blackstone Group Buying Park Avenue Tower for $750 Million

Blackstone Group LP, the famous private equity firm led by Steve Schwarzman, has reportedly purchased the Park Avenue Tower in New York City from Shorenstein Co. for $750 million.