Albert Reichmann, Patriarch of a Real Estate Empire, Dies at 93 – The New York Times
After the Anschluss, the annexation of Austria by Germany, Samuel transferred his bank accounts to London and converted his assets into gold, which he used to finance the family’s escape. The Reichmanns moved to Paris and then to Tangiers, where Samuel became a currency trader. His wife led the family in packaging and forwarding food […]
Omaha 2023 real estate outlook looking slow – WOWT
OMAHA, Neb. (WOWT) – Omaha’s housing market is cooling off and that’s largely because mortgage rates are rising. According to Bankrate’s survey of the largest mortgage lenders in the country, the 30-year fixed rate is between about 6.5% and 7% this week. Here in Omaha, the President of the Omaha Area Board of Realtors says […]
Donald Trump’s Taxes Show Wide Use of Real-Estate Losses – The Wall Street Journal
Politics Six years of records show foreign ties and broad year-to-year variation in charitable contributions
What to Expect in 2023’s Housing Market – The New York Times
Still, the market has been steadily cooling for months. From the beginning of September to the end of November 2022, rents saw the sharpest three-month drop since 2017, when Apartment List first started tracking such data. The national median rent is now $1,356 a month, according to Apartment List. Heading into 2023, renters will have […]
Daily Dirt wraps up real estate’s year – The Real Deal
From left: Vornado’s Steve Roth, Mayor Eric Adams, Compass’ Robert Reffkin, Gov. Kathy Hochul (Getty; Illustration by Steven Dilakian) Cannabis sellers opened up shop. Mortgage rates climbed. The rental market went crazy. A unicorn went into survival mode. Some companies got real about their office footprints. Those are just a few real estate-related highlights of […]
A ‘Bargain’ on Billionaires’ Row Still Clocks in at $50 Million – The New York Times
The supertall Central Park Tower, the latest addition to Billionaires’ Row by Extell Development, has seen a lot of sales activity in its first full year of closings, but not without deep discounts. And this continued through the holidays. An apartment encompassing the 124th floor of the steel-and-concrete skyscraper, rising 1,550 feet at 217 West […]