News

WeWork could cause a disaster for New York City’s real-estate market

Adam Neumann stepped down as WeWork’s CEO on Tuesday, citing public scrutiny after The We Company filed for an initial public offering. But despite Neumann’s antics as CEO and decision to step down, WeWork still has some serious problems with its business. WeWork’s rapid expansion and business issues mean the […]
WeWork could cause a disaster for New York City’s real-estate market
Lifestyle

The swanky Soho apartment previously owned by Kanye West and Kim Kardashian just chopped $400,000 off its asking price — here’s a look inside.

A Soho apartment once owned by Kanye West hit the market for $US4.7 million in September, a representative of luxury broker CORE Real Estate told Business Insider. In October, the apartment chopped $US400,000 off its asking price. The one-bedroom apartment features a home automation system, custom lighting and sound systems, […]
The swanky Soho apartment previously owned by Kanye West and Kim Kardashian just chopped $400,000 off its asking price — here’s a look inside.
News

Prosecutors want to seize financier Jeffrey Epstein’s Manhattan mansion where they say he trafficked teenage girls for sexual encounters

Jeffrey Epstein, the financier, has been accused of sex trafficking minors by federal prosecutors, according to an indictment unsealed Monday. He is expected to appear in court later on Monday. The indictment, along with laying out forthcoming charges of child sex trafficking, indicates that prosecutors are seeking the forfeiture of […]
Prosecutors want to seize financier Jeffrey Epstein’s Manhattan mansion where they say he trafficked teenage girls for sexual encounters
Lifestyle

There are too many multimillion-dollar mansions for sale in Los Angeles, and real-estate agents are going to extreme lengths to get them off the market

Los Angeles has too many megamansions and not enough buyers, reported Katherine Clarke for The Wall Street Journal. Real-estate agents and developers are turning to themed parties, gimmicky amenities, and $US100 million price cuts to get the megamansions off the market. From LA to NYC, gimmicks and price cuts are […]
There are too many multimillion-dollar mansions for sale in Los Angeles, and real-estate agents are going to extreme lengths to get them off the market
Lifestyle

What it’s really like living in New York City on a $100,000 salary

New York City has some of the country’s highest-paying jobs. Nearly 30% of New Yorkers make six-figure salaries. But a high income doesn’t render you impervious to the city’s high taxes and infamously high cost of living. From tiny, 260-square-foot apartments to above-average-priced milk, here’s what living in New York […]
What it’s really like living in New York City on a $100,000 salary
Lifestyle

Nobody wants to buy ‘Versailles in Manhattan,’ an Upper East Side townhouse that has been on and off the market for 17 years — and it just got another price cut. Take a look inside.

“Versailles in Manhattan,” an Upper East Side townhouse, has been on and off the New York real-estate market since 2003. Its highest asking price was $US35 million in 2007, but now in the hands of residential brokers for the 13th time, it’s listed for $US17.5 million, Jennifer Gould of the […]
Nobody wants to buy ‘Versailles in Manhattan,’ an Upper East Side townhouse that has been on and off the market for 17 years — and it just got another price cut. Take a look inside.