Investing

Real Estate News: New York City Building for Sale for $50M

A penthouse in New York City is currently being sold for $50 million. A building in New York City is currently being sold for $50 million. According to Elle Décor, the building's penthouse situated on 71-73 Franklin Street is now up for grabs.

NYC Real Estate Players Players Named In Offshore Leak Database

NYC real estate had been greatly impacted by the release of the Panama Papers. The leak revealed millions of documents from the illegal offshore law firm Mossack Fonseca. It had already led to the resignation of the Prime Minister of Iceland and had revealed the shady offshore transactions of the likes of Pakistani Premier Nawaz Sharif and the Russian President Vladmir Putin.

Washington, Colorado, Oregon States Top List of Markets With Fastest-Growing Prices; New York City, California Left Behind

Home prices had been steadily rising and individuals trying to buy homes had been bemoaning the trend. When it comes to the nation's biggest year-over-year growth in sales prices, already-costly New York and California did not get top spot but instead other Western states dominated the list.
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