“We’re swinging hammers!” Richard Coles likes to brag. That bit of developer-speak is his way of saying that while seemingly everyone is talking about converting outdated office buildings into apartments, his company Vanbarton Group is actually doing it. Dressed in his gray suit and yellow construction hat, Coles tours his hollowed-out office building in Lower […]
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The offseason was not a busy one for celebrities in the Hamptons, with actors, artists, athletes and stars not regularly attached to notable deals on the East End. Still, there were some well-known names in transactions, even before the season heated up. Here’s a look at what celebrities have been up to on the real […]
This article originally appeared on The Real Deal. Click here to read the full story.
You would’ve thought the door to 1F was the gate to hell, the way Eric Gray was talking. “This is as bad as it gets,” Gray told his boss, the new owner of 1F’s building, 100 East Moshulu South. In Charon’s boat to cross the river Styx were three souls: the owner, PH Realty’s Peter […]
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A commercial mortgage fraud scandal is getting big and ugly. Fannie Mae, Freddie Mac, the Federal Housing Finance Agency and other government agencies have been investigating suspect deals for the past few years, but their work and scope is intensifying, according to sources familiar with the matter. Judges have handed out prison sentences, and more […]
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After totting it all up, Douglas Elliman’s Shawn Egan discovered nearly $75,000 worth of damage in the Bridgehampton property he helped rent out last year. The house’s furniture cost more than $1 million in total, and couches, floors and a $30,000 Italian bed set were ravaged in the five-bedroom home which rents for up to […]
This article originally appeared on The Real Deal. Click here to read the full story.
The American affluent, at least on the East Coast, have summered in the Hamptons and wintered in Palm Beach for more than a century. Their shared seasonal residents have always shaped these markets, and players in the hospitality sector are now darting between the two as well, cross-pollinating the services and the brands their clients […]
This article originally appeared on The Real Deal. Click here to read the full story.
The tech company’s customers can automatically block A.I. companies from exploiting their websites, it said, as it moves to protect original content online.
Scores of angry tenants and a decisive election result didn’t stop New York City’s Rent Guidelines Board from approving rent increases at stabilized buildings by 3% for one-year leases and 4.5% for two-year leases.
With developing nations crushed by unaffordable borrowing and Washington on the sidelines, some leaders are brokering debt forgiveness deals.
A sought-after textile artist applies a can-do spirit from her artsy childhood in a Swedish commune to creating animal costume heads for performers. They cost from $2,500 to $3,500.