Real Estate

A decades-old, black-and-white print advertisement, complete with a vintage-scrolly font reads “Casa Blanca, Near Majestic Camelback Mountain – A Desert Paradise Where Summer Spends the Winter”. The Casa Blanca in question—an iconic Moroccan-inspired construction in Arizona’s Paradise Valley —pre-dates the Oscar-winning, Morocco-set Casablanca (1944) by some stretch. Built in the 1920s by architect R.T. (Bob) Evans, the script for this Casa Blanca meanders through a fascinating past and present. Originally a private home, it was converted in the 1940s into a corporate retreat, mainly used by the Borg-Warner automotive company. The 1950s ushered in a new guise—as a hotel for…

Record-breaking May temperatures in Texas—topping 100 degrees—are intensifying wildfire conditions, while more than 40,000 acres burn across Minnesota and parts of Canada. While wildfires are common in the Southwest, their growing presence in northern states signals a dangerous shift in wildfire patterns across the U.S. As climate change leads to more frequent and widespread wildfires, homebuyers, builders, and insurers are urgently seeking wildfire-resistant homes and climate-resilient construction strategies. Here’s how innovators are building safer, more sustainable communities in high-risk areas. Rebuilding After Wildfires With rebuilding now a priority in many communities, California is leading the way. In April 2025, the…

Delaware is a state known for its lack of sales tax, its business-friendly laws (which is why so many corporate headquarters are located there), and its beach resorts. Delaware has gotten wealthier over the years, and its incomes now exceed the United States overall figures. Whereas the median household income for the United States overall is $78,538 — according to the latest data from the Census Bureau’s 2023 American Community Survey — the median in Delaware is $82,855. Past studies analyzed and identified the richest cities in several of Delaware’s neighboring states, including New Jersey, Pennsylvania, and Maryland. For this…

Philippine builders from Ayala Land to the billionaire Sy family’s SM Prime are slowing down the construction and marketing of new high-rise housing projects as the real estate industry grapples with an oversupply of middle-income condominiums in Metro Manila. Demand for condominiums ebbed after the government banned offshore gaming operators in the Philippines and the country’s economic growth slowed, developers were left with more than 70,000 of unsold units as of end-2024, according to estimates by property consultants Colliers and Leechiu. To move the inventory, developers have introduced creative pricing schemes to make the condominiums more affordable to buyers. The…

Regulations to keep forever chemicals out of our tap water are being rolled back, the Environmental Protection Agency announced last week. Here’s what to know about why these regulations were put in place, and what this means going forward for your health and safety, and that of your household. Forever Chemicals’ Health Warnings As Forbes.com staff reporter Molly Bohannon wrote in a July 2023 article, “A new study from the U.S. Geological Survey found ‘forever chemicals’ were present in about 45% of U.S. tap water, after taking samples from hundreds of sites from 2016 to 2021, marking the first time…

To paraphrase Wayne Gretzky: skate toward where the puck is going, not where it has been. For Manhattan buyers and sellers, the key to taking advantage of 2025’s summer market will be understanding where trends are headed, not what they were this spring. To that end, let’s look at some of the metrics shaping the upcoming summer market to see what they reveal about the shifting dynamics for Manhattan buyers and sellers. 1. Sales Pulse Manhattan’s proprietary Pulse index, a seasonally adjusted ratio of demand to supply, turned negative in late April for the first time in ten months as…

Opulence has its place. That place, in late 19th-century America, was about an hour west of New York City. Industrialists and financiers with sudden mind-boggling wealth were seduced by deeply wooded hills and large tracts of open land in a sweet New Jersey enclave. Welcome to the Gilded Age, country style. Fresh off the railway line nicknamed the Millionaire’s Express, scions of Manhattan society flocked to Bernardsville, a borough in the Somerset Hills where they could breathe mountain air and exercise their wealth by commissioning a haven or two to sit upon America’s landscape. Their architect would be George Browne…

The Corcoran blog Inhabit for March 2025 held interesting tidbits for Manhattan and Brooklyn renters. Manhattan witnessed a 7% decrease annually in new lease signings, while Brooklyn’s leasing velocity in March skyrocketed 49% compared to the month-earlier period. Moreover, Brooklyn leasing velocity soared 17% year over year, the highest figure reached since 2021. The borough is witnessing substantial demand as renters hunt for comparative value and additional housing alternatives, wrote Gary Malin, chief operating officer of The Corcoran Group. He adds that while Brooklyn isn’t ideal for renters, conditions in the borough are less frenetic than across the East River.…

With summer just one week away, the Hamptons will once again be the place where New Yorkers come to get a break from the city and enjoy everything the area has to offer from gorgeous beaches to restaurants and shopping. But one thing this coveted enclave doesn’t have an abundance of is fitness studios. So, it’s very likely that Nordic Strong’s 2300 square foot pop in Sag Harbor will be a hotspot this season. Open from Memorial Day through Labor Day, the studio offers a European take on functional fitness. The Nordic Strong method centers around a patented machine that…

Frasers Property—controlled by Thai billionaire Charoen Sirivadhanabhakdi—is seeking to take Frasers Hospitality Trust private for a second time in almost three years in a deal valuing the Singapore-listed real estate investment trust at S$1.37 billion ($1 billion). Under the deal, which is subject to regulatory approvals, Frasers Property is offering to buy the rest of the REIT that it doesn’t own at S$0.71 per share, according to a regulatory filing on Wednesday. “The decision to propose this scheme was not taken lightly,” Eric Gan, CEO of Frasers Hospitality’s manager, said in a statement. “It reflects our commitment to act in…

Spec houses rarely earn love letters. In Los Angeles, the term alone can conjure rows of indistinguishable boxes—veneered in “modern farmhouse” white, destined for fast flips, fated to vanish from memory the moment the escrow closes. Yet contractor Justin Krzyston has learned to treat that reputation as an opening gambit, not a verdict. Why bemoan blankness when you can treat it as pristine canvas? Krzyston, founder of the boutique construction firm Stonehurst, proved the point while re-imagining singer-songwriter Adam Lambert’s Sunset Strip hideaway, now on the market for $7,375,000. The three-story house was delivered, like most upmarket specs, in turnkey…