Home prices hit a new record in June amid a persistent housing shortage, even as high mortgage rates continued to drive away affordability for millions of Americans. Prices rose 5.4% nationally in June from a year earlier, the S&P CoreLogic Case-Shiller index showed on Tuesday, up from a 5.9% pace last month. On a monthly basis, prices rose by 0.2%, ...
One of the last residences worn by the late interior designer Lorraine Letendre, whose clients included Calvin Klein, has been listed for $15.5 million. The apartment is located in the Palazzo del Sol on exclusive Fisher Island, south of Miami Beach. The seller, Peggy Smith, bought the mansion for $8.95 million in 2016 — the same year the 10-story tower, ...
A gleaming new glass tower is joining the Miami skyline. Renderings have been newly revealed of the new 54-story headquarters of multinational hedge fund Citadel, set to open next year, the Wall Street Journal first reported. Citadel’s founder, CEO and owner of the most expensive home in US history, billionaire Ken Griffin, moved the company’s base from Chicago to Miami ...
The Flatiron Building, which has long been a popular landmark to visit – and photograph – in Manhattan, is returning to housing. Plans have been officially filed to transform the 200,000-square-foot property, which faces Madison Square Park, from outdated offices into 60 high-end condominium units. There have been rumors of the steel-framed tower, now covered in scaffolding, becoming residential from ...
Supermodel Karlie Kloss and her husband, venture capitalist Joshua Kushner, have bought Rod Stewart’s former Malibu home, the Wave House. Kloss and Kushner, who is the brother of Jared Kushner, have paid $29.5 million for the midcentury modern estate, which is believed to have inspired the look of the Sydney Opera House, the Wall Street Journal first reported. The mansion ...
A massive custom estate is now up for auction in southern New Jersey — and although it cost its creators an estimated $27 million to build, the reserve price is just $10 million. Located a 30-minute drive from Philadelphia, on the border of two townships — Moorestown and Cinnaminson — the nearly 40,000-square-foot complex is currently accepting offers through October. ...