Investing

Donald Trump’s Ferry Point golf course construction cost reaches $236 million

The construction cost for the 190-acre Trump Golf Links at Ferry Point in the Bronx is estimated at $236 million, or 10 times the price previously consigned to it. Authorities are blaming the spike in construction costs for the tremendous increase.

Vornado Realty Trust to spin off shopping strip into new REIT

Vornado Realty Trust, the popular New York-based real estate investment firm, has announced that it will be combining its strip shopping businesses consisting of about 81 open shopping centers and four malls to create a new Real Estate Investment Trust (REIT).

Global property market: Where America should invest

Looking to invest in a property offshore? After evaluating the global real estate market uptrend, the New York Post compiled a list of the hottest markets around the world for American investors looking to plunk millions on foreign real estate.
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