Luxury department store Printemps moves up US debut at One Wall Street, developer says

Luxury department store Printemps moves up US debut at One Wall Street, developer says

Printemps, the French luxury department store, will open its first US location in March, One Wall Street developer Harry Macklowe says. The eagerly awaited launch – previously reported as happening in the spring — might be the most momentous debut ever in the retail-deprived FiDi neighborhood. French luxury department store Printemps will open its first … Read more

Renowned Architectural Phenomenon for Sale in Colorado

Renowned Architectural Phenomenon for Sale in Colorado

PAGOSA SPRINGS, Colo., Oct. 10, 2024 /PRNewswire/ — Galles Properties proudly presents the Wonder Haus, an internationally acclaimed Airbnb Earth Home for sale featuring a magnificent four-story observation tower and set on 7 acres in beautiful Pagosa Springs, Colorado. Recognized by HGTV, Conde Nast, Architectural Digest, and Netflix’s World’s Most Amazing Vacation Rentals, Wonder Haus … Read more

New Riverwalk tower on Roosevelt Island is just what doctors ordered

New Riverwalk tower on Roosevelt Island is just what doctors ordered

Roosevelt Island is a much more hospitable, fun place than it originally was. The biggest reason is the   large-scale, two-decades endeavor  known as Riverwalk, which has  brought more than 4,000  new residents to eight new  buildings north of the bridge.  The near $1 billion complex developed by a joint venture of Related Companies and … Read more

L’OFFRE PUBLIQUE D’ACHAT DE 100 % DES ACTIONS DE LA SOCIETE ISRAELIENNE VBARE IBERIAN PROPERTIES LANCEE PAR LA SOCIETE ESPAGNOLE ADVERO PROPERTIES APPROCHE DE LA DATE LIMITE USA – Français USA – English USA – Deutsch USA – español USA – English

L’OFFRE PUBLIQUE D’ACHAT DE 100 % DES ACTIONS DE LA SOCIETE ISRAELIENNE VBARE IBERIAN PROPERTIES LANCEE PAR LA SOCIETE ESPAGNOLE ADVERO PROPERTIES APPROCHE DE LA DATE LIMITE USA – Français USA – English USA – Deutsch USA – español USA – English

BARCELONE, Espagne, 28 août 2024 /PRNewswire/ — ADVERO Properties SOCIMI, S.A. (« ADVERO »), société d’investissement immobilier cotée sur le BME Growth en Espagne et spécialisée dans les logements locatifs à revenus moyens, a lancé le 2 août dernieret une offre publique d’achat sur la société israélienne VBARE Iberian Properties SOCIMI, S.A. (« VBARE ») à 8,31 euros par action, … Read more

ARCHIPELAGO INTERNATIONAL AND NOVAL PROPERTIES SIGN SIX MANAGEMENT AGREEMENTS IN THE DOMINICAN REPUBLIC

ARCHIPELAGO INTERNATIONAL AND NOVAL PROPERTIES SIGN SIX MANAGEMENT AGREEMENTS IN THE DOMINICAN REPUBLIC

PUNTA CANA, Dominican Republic, July 31, 2024 /PRNewswire/ — In an unprecedented move, Archipelago International, the largest privately-owned hotel management group in Southeast Asia, has joined forces with Noval Properties, a premier real estate developer in the Dominican Republic. This strategic alliance, formed in November 2023, is proud to announce the signing of six comprehensive management … Read more

NYC developer Michael Shvo sued over shoddy upkeep at luxury building

NYC developer Michael Shvo sued over shoddy upkeep at luxury building

Prominent Big Apple developer Michael Shvo was slapped with a lawsuit by a disgruntled couple who plunked down $6.1 million for a pad at the Mandarin Oriental Fifth Avenue, claiming the luxury building is riddled with problems — including an “algae-infested” rooftop pool. John Goodman and his wife, Diane Johnson, alleged that the building developed … Read more

CEO, real estate investor says Democratic Party he grew up with no longer about regular people: All a ‘sham’

CEO, real estate investor says Democratic Party he grew up with no longer about regular people: All a ‘sham’

A prominent and outspoken name in the real estate industry is reacting to President Biden no longer seeking re-election, claiming the Democratic Party isn’t what it used to be. “The Democratic Party I grew up being part of is no longer about regular people. Now we know it’s all been a sham,” entrepreneur and Cardone … Read more

Big deal to bring Ikea to empty Midtown lot raises bigger questions

Big deal to bring Ikea to empty Midtown lot raises bigger questions

It’s major news that Sweden’s Ingka Investments, which owns most Ikea stores, formed a “strategic alliance” in Extell’s planned, one million square-foot mixed-use tower at 570 Fifth Ave. Developer Gary Barnett has long planned to build a large new skyscraper at the precious Midtown site. Ingka will hold a one-third stake in the project and have full … Read more

HOME FLIPPING ACTIVITY AND PROFITS BOTH RISE ACROSS U.S. IN FIRST QUARTER OF 2024

HOME FLIPPING ACTIVITY AND PROFITS BOTH RISE ACROSS U.S. IN FIRST QUARTER OF 2024

Flipping Rate Increases for Second Quarter in a Row While Profit Rebound Continues; Investment Returns Still Low but Reach 30 Percent Nationwide for First Time in Over a Year; Raw Flipping Profits Also Hit High Point Since 2022 IRVINE, Calif., June 20, 2024 /PRNewswire/ — ATTOM, a leading curator of land, property and real estate … Read more

Twin-towered residential project 1515 Surf Avenue nears completion in Coney Island

Twin-towered residential project 1515 Surf Avenue nears completion in Coney Island

The imminent completion of LCOR’s 1515 Surf Avenue is the best news Coney Island has seen since the Parachute Jump was designated as a city landmark. The twin-towered apartment building just a short walk to the ocean brings the neighborhood just what it needed: more market-rate housing. The project’s 16 and 26-story towers will have … Read more