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  • On Martha’s Vineyard, even doctors priced out of homes September 25, 2022
    More than 150,000 people visit Martha’s Vineyard every year — some courtesy of Florida taxpayers — but very few can afford to stay. Shortages of service workers are nothing new to resort areas where housing costs have spiraled upwards, Martha’s Vineyard Hospital is even having trouble recruiting doctors and nurses, and has been working at […]
  • Controversial transfer tax bill advances in Boston September 25, 2022
    Boston may soon be raising taxes on property sales. The city council this week advanced a bill that would impose a transfer charge of up to 2 percent on real estate sales over $2 million, and funnel the money to affordable housing programs, WBUR reported. The bill has garnered opposition from lawmakers who say that […]
  • Unique Frank Lloyd Wright home available … for now September 24, 2022
    If you’re reading this, you may already be behind the eight-ball when it comes to buying a rare Frank Lloyd Wright-designed home. The Mount Pleasant, Wisconsin house at 1425 Valley View Drive was listed for $725,000, Crain’s reported. It was the first time the home was put on the market since it was built in […]
  • New Orleans Four Seasons lands $315M loan from Madison Realty Capital September 24, 2022
    Developers of a Four Seasons property in the Big Easy are trumpeting the arrival of a massive loan from a New York-based real estate firm. Carpenter & Company and Woodward Interests scored $315.6 million to complete the renovation of the Four Seasons Hotels and Residences New Orleans at 2 Canal Street. Madison Realty Capital, which […]
  • Night at the museum: Ghost town general store turned-home lists at $1M September 24, 2022
    For the Wild West-obsessed buyer, a rare opportunity to own a slice of history is on the market for $1.1 million in Pearce, Ariz. Patricia Burris is selling the 127-year-old ghost town general store known as the Arizona Ghost Town Museum after converting it to a one-bedroom home, Insider reported. Burris and her husband Michael, […]
  • HUBB NYC continues 421a spending spree, buying Park Slope building September 23, 2022
    One of New York City’s biggest buyers of 421a-eligible properties has added another to its portfolio. HUBB NYC acquired a 13-story, 63-unit residential and retail building at 223-225 4th Avenue in Park Slope from Greystone Development for $40 million, according to property records filed Friday. A Cushman & Wakefield team consisting of Dan O’Brien and […]
  • Short-term rental company taking over Midtown hotel September 23, 2022
    A short-term rental company is zeroing in on New York City’s hotel market, signing two leases in the span of a week. Miami-based CorpHousing Group announced a 15-year master lease operation agreement for The Tuscany Hotel in Murray Hill. The property at 120 East 39th Street is currently a St. Giles Signature Hotel. CorpHousing plans […]
  • Yotpo inks 30K sf sublease at Stellar’s One Soho Square September 23, 2022
    An e-commerce marketing platform is moving its U.S. headquarters from 400 Lafayette Street in NoHo to Stellar Management’s One Soho Square. Yotpo will sublease 30,700 square feet from Flatiron Health at the 768,000-square-foot office and retail complex at 233 Spring Street in Hudson Square. The company will move into its new digs Oct. 1. The […]
  • Fortis’ Olympia Dumbo lures Brooklyn Nets star September 23, 2022
    Ben Simmons has yet to play a game for the Brooklyn Nets, but he’s clearly a believer in his future with the team. The troubled Australian superstar is in contract to buy a combined unit at Fortis Property Group’s Olympia Dumbo in the Brooklyn neighborhood, the New York Post reported. The purchase price won’t be […]
  • Croman sues White Horse Tavern owner for $650K back rent September 23, 2022
    Landlord Steve Croman, typically on the receiving end of lawsuits, stepped into the plaintiff’s position this week, suing the operator of the historic White Horse Tavern for back rent. Bar owner Eytan Sugarman is on the hook for over $650,000 and counting after struggling to make payments through much of the pandemic, the lawsuit claims. […]