Real Estate

The Boerum Hill brownstone one-bedroom rental was small but nicely renovated. At the first open house, there were 15 appointments. Most of those renters made offers, some in excess of the $3,500 monthly asking price. The Upper West Side townhouse, renovated for sale, received an offer to rent for $35,000 before the renovation was completed

Beyoncé Knowles and Jay-Z are known for breaking records, and now, they’ve broken the record for purchasing the most expensive home in California’s history. Knowles and Jay-Z, who’s real name is Shawn Carter, purchased a sprawling $200 million Malibu, California estate. They reportedly got a discount, as the home was privately listed for $295 million.

“New products are enhancing the outdoor ‘gathering story’ – pizza ovens, fire pits, outdoor movies, games, scenes,” according to a new study just published in May by the National Kitchen & Bath Association. The latest outdoor living spaces go far beyond great grilling centers to creating true outdoor rooms. “People changed how they entertained at

Family businesses large and small, whether involving real estate or anything else, often use a limited liability company as the ownership vehicle for the business. The founder of the business will often maintain a controlling position in the LLC, while other family members receive only an “economic interest”—the right to receive money and enough information

Investors looking at development opportunities may face obstacles this year as speculation about a recession looms and interest rates rise. The market uncertainty and shifting demand could cause extensive delays or abandoned developments. Property developers, who are the parties that oversee the project, will need to make tough decisions ahead. If you’re thinking about investing