In recent years, social entrepreneurship has been gaining ground as an innovative path for those who want to start a business while also making a positive impact on society. Unlike traditional business models, which focus mainly on profit, this approach seeks to balance financial results with social and environmental benefits. This movement has inspired thousands…
As Manalapan, Florida, becomes a magnet for the ultra-rich, fueled by billion-dollar deals, another stunning property has hit the market — this time for $25.95 million. Following the recent purchase of Eau Palm Beach Resort & Spa by tech titan Larry Ellison, this oceanfront property offers more than just luxury living; it includes an exclusive…
At first it was “au revoir” – and now it’s “ni hao!” The historic building at 3 E. 52nd St. in Manhattan that housed the iconic La Grenouille restaurant for the past six decades has been sold by a family member for $14.3 million to a shell company — one called 8162024, LLC — The…
The latest delay in the reopening of the iconic Waldorf Astoria hotel — until spring next year, as I predicted would happen in early 2023 — is the latest insult to New York City by a Chinese company primarily interested in selling of super-luxury apartments for global investors. that may never turn on the lights….
Residential real estate is in a constant slide of which market is: buyer, seller or often “no one”. Now, signs are emerging that a more buyer-friendly market may be on the horizon (although mortgage rates are rising again after falling last month). That’s because in more than half of the 50 largest U.S. markets, median…
We’ve all heard that high US home prices are partly due to a severe housing shortage. But a new study from LendingTree found that they actually do exist millions of vacant properties there – 5.6 million, to be exact. LendingTree ranked the nation’s 50 largest metros by their percentage of unoccupied homes and found that,…
Tom Cruise can breathe a sigh of relief after his luxury condo in Clearwater, Florida, stood tall against potentially devastating Hurricane Milton. The mega-storm, which meteorologists initially warned could reach a catastrophic Category 5, ended up sparing Cruise’s prized multimillion-dollar property. The hurricane was predicted to wreak havoc on the city, raising fears of a…
Where are people buying homes now that mortgage rates have fallen sharply from last October’s peak? Not in the south. Not even outside the West. Over the past year, these large parts of the country have been consistently left off Realtor.com’s rankings of the hottest housing markets, pushed aside by places like Manchester, NH (which…
The Mormon Church is expanding its real estate empire with a massive $289 million deal for 46 farms in eight states, further cementing its place as a major player in the American agricultural industry. The real estate arm of The Church of Jesus Christ of Latter-day Saints, Farmland Reserve Inc. Utah-based, is buying the farmland…
Michael Jordan is taking luxury to new heights – literally. The NBA legend has dropped $70 million on a custom private jet, which is dedicated to his iconic Air Jordan sneaker line. Just a few weeks after spending $2 million on an exclusive Italian sports car, Jordan has packed everyone into a top-of-the-line Gulfstream 650ER,…