Remove tag new-york-city
article thumbnail

‘There will be bank failures,’ Fed chief tells lawmakers

Housing Wire

Yellen told lawmakers that bank regulators are working to address risks tied to rising vacancy rates and lower valuations for office buildings in major cities. New York Community Bancorp (NYCB) is one institution that is facing a “confidence crisis” related to commercial real estate, primarily multifamily loans.

Banks 469
article thumbnail

The Decline of Million-Dollar Cities in the U.S.

Broke Agent Media

cities where the typical home value is $1M or more was 522 in July 2022. California alone has 190 of those million-dollar cities—more than the next six states combined—with New York, San Francisco, and Los Angeles having (and losing) the most million-dollar cities. BAM Key Details: The number of U.S.

Land 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is Florida the Most Expensive State to Live in?

Marco Santarelli

States like Hawaii , with a COLI of 193.3 , and others like New York, California , and Alaska are typically considered to be more expensive. For those seeking a more affordable lifestyle in the Sunshine State , there are several cities that stand out for their low cost of living without compromising on the quality of life.

Closing 111
article thumbnail

Does a “Trophy” Building Classification Help Boost Leasing Numbers?

Propmodo

These are buildings that are either advanced, new, or famous enough to be considered the cream of the crop in their market. However, beyond the top-tier offerings that trophy buildings offer, does the trophy tag alone help move the needle? They tend to be in the heart of busy CBDs and close to main transit hubs.

article thumbnail

Inside a rare, unaltered $14.5M apartment in New York City’s iconic San Remo building

Fancy Pants Homes

Known for its Renaissance-style twin pinnacles, the San Remo is one of New York City’s most recognizable — and most desirable — residential buildings, with countless A-listers calling it home over the years (including Bono, Steven Spielberg, Demi Moore and Bruce Willis, to name just a few). million price tag.

article thumbnail

The Ultimate Guide to Buying a House in New York

Redfin

Purchasing a home in New York marks a monumental step, unveiling a rich tapestry of choices across its dynamic neighborhoods and bustling boroughs. From the historic allure of homes in Manhattan to the suburbs of Syracuse , the city offers an array of possibilities for novice and seasoned buyers. year-over-year.

article thumbnail

Kids These Days! Gen Z Is Buying Up Homes in These 10 Cities

Realtor.com

Metros include the main city and surrounding suburbs, small towns, and other urban areas.). ” The greatest percentage of Gen Z mortgage requests were in Salt Lake City. . ” The greatest percentage of Gen Z mortgage requests were in Salt Lake City. Oklahoma City, OK, at $286,700. Kansas City, MO, at $339,500.

Mortgages 123