- World Trade Center Construction Resumes, Memorial Reopens
November 06 2012 11:20 AM
The World Trade Center was relighted on Nov. 1, and construction resumed on Nov. 5.
- Plan Approved To Secure Dangling Crane Caused By Hurricane Sandy
November 02 2012 4:07 PM
The city approved the plan to secure the precarious crane hanging over Midtown Manhattan
- John Singleton's Vacation Home Destroyed In Mystery Blaze
October 29 2012 6:38 PM
Australian entrepreneurJohn Singleton is glad that no one was at his vacation home when it went up in flames Sunday evening.
- US Housing Recovery Lifts Appliance Makers
October 24 2012 5:55 AM
For the past six years or so, weak home sales have depressed home appliance demand. But things are quietly changing now.
- Scott Storch's Former Abode
October 16 2012 9:19 AM
Loose-spending rapper Birdman just snatched up embattled producer Scott Storch's ex-Miami pad, for a cool $14.5 million
- US Home Foreclosures Drop To Pre-Recession Level
October 11 2012 12:51 PM
Nationwide, foreclosures have declined to 2007 levels. States like New Jersey and Florida are still reeling, however.
- Realogy Vaults 30% In IPO Debut
October 11 2012 12:43 PM
Shares of Realogy Holdings Corp. (Nasdaq: RLGY) vaulted nearly 30 percent after its $1.09 billion initial public offering.
- 30-Year Anniversary Of Epcot, The "Experimental Prototype Community Of Tomorrow"
October 01 2012 9:16 AM
Walt Disney World celebrated the 30th anniversary of Epcot on Monday.
- 'Hotel Of Doom' In North Korea Making Progress As Ryugyong Hotel Gets Satirical Google Reviews [PHOTO]
September 28 2012 12:37 PM
The Ryugyong Hotel in Pyongyang was conceived of by the government as a symbol of the isolationist nation’s wealth.
- Hong Kong Tycoon Offers $65M Dowry for Lesbian Daughter
September 26 2012 3:44 PM
Hong Kong tycoon Cecil Chao Sze-tsung is offering a $65 million marriage bounty to marry his lesbian daughter, Gigi Chao.
- US Existing Home Sales Smash August Forecast
September 19 2012 11:04 AM
Sales of previously owned homes rose 7.8 percent in August to the highest level since May 2010, and construction starts also increased.
- 3 Reports To Shed Light On US Housing Sector
September 18 2012 6:12 AM
Three key U.S. housing reports Wednesday are expected to show small improvements in the market.
- How Washington Subsidizes Home-Buying For The 1%: Report
September 14 2012 6:49 AM
Government-owned Fannie Mae and Freddie Mac, which were set up to help blue-collar and middle-class workers buy their own homes at lower interest rates, are also helping the nation's one percent to purchase luxurious homes.
- Manhattan Rental Vacancy Hits 3-Yr High As Rentals Climb To Record
September 13 2012 1:04 PM
Citi Habitats, the city's largest rental brokerage, said Manhattan's residential vacancy rate jumped to a three-year high in August as rents continued to escalate.
- US Homebuilder Stocks Surge, But Will It Last?
September 12 2012 5:42 PM
One of the best-performing sectors this year was also one of the hardest hit by the recession: homebuilders, whose stocks have outpaced the broader market with a modest rebound in home prices and increased demand for properties, but much of recovery has unevenly benefited the luxury sector.
- More Homeowners Rise Above Underwater Mortgages In 2Q: CoreLogic
September 12 2012 1:59 PM
The number of U.S. homeowners with negative equity, or underwater mortgages, fell in the second quarter as home prices increased and inventory fell, foreclosure data firm CoreLogic said Wednesday.
- A Decade Later, Airlines Could Lose Billions In 9/11 Lawsuit
September 11 2012 5:49 PM
Damages in a lawsuit filed against American Airlines (PINK:AAMRQ), United Airlines (NYSE:UAL) and other companies in connection to the Sept. 11, 2001, terrorist attacks could total upward of $2.8 billion.
- US Foreclosures Have Modest Impact On Nearby Home Prices: NBER
September 11 2012 6:14 AM
Foreclosed properties in the U.S. cause only a modest decline on the home prices of nearby properties, and the effects go away a year after the distressed property is resold, according to a working paper by the National Bureau of Economic Research.
- Paul Volcker, Regulation Icon, Freed Fannie Mae From Oversight
September 07 2012 6:21 PM
Paul Volcker, the former Federal Reserve chairman and a great proponent of new bank regulations, was a key enabler in the rise and eventual collapse of Fannie Mae, the government-sponsored enterprise focused on mortgage financing, according to a new book.
- There Is Still No US Housing Recovery: Experts
August 31 2012 6:22 AM
Three reports released this week demonstrated positive trends in the U.S. housing market, but experts warn that a real recovery is still months away.