Portland, Maine, Emerges as Top U.S. Luxury Market as Northeast Sees Steady Demand for Homes
The city was No. 1 in the ranking of high-end markets from The Wall Street Journal/Realtor․com Emerging Housing Markets Index. Read More
BY THE NUMBERS
| CONTENT FROM: 200 Amsterdam |
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Debuting 200 Amsterdam’s Premier Full Floor Residence: 41
Presenting the most versatile, classically composed, four-bedroom residence with epic Central Park and Hudson River views. Discover 200 Amsterdam’s Penthouse Collection, crowning its landmark tower. At 80% sold with premium inventory remaining – 200 Amsterdam is the top selling building in NYC. 3-5 bedrooms, full floor & duplex residences from $6.25M. Immediate Occupancy.
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TRENDING TODAY
LISTING OF THE DAY
Check out This Family Home With a Pool Shaped Like Texas
Residents can host big parties or sit in the gazebo and watch the ducks and geese fly in. Read More
DESIGNER’S CORNER
Designing for Darker Days
Getting lighting right in your home can set the mood, while lifting up your spirits in the winter. Read More
NEWS BITES
A ‘Greenery-Filled Terrarium’ Will Be at the Center of New ODA Skyscraper in Seoul
An expansive “sky garden” will sit at the middle of Terrarium Cheong-Dam, a new skyscraper in Seoul, South Korea, designed by architecture studio ODA. The 45-story, 200-meter tower will be built in the city’s Gangnam district and will have a mix of high-end residences and offices. The semi-private sky garden, which ODA refers to as a “terrarium,” will cut through the center of the modern building. Plus, the skyscraper will sit on a podium with a public park. The addition of the greenery is intended to enhance the surrounding urban landscape. Dezeen
U.S. Mortgage Rates Hit a 23-Year High
The interest rate for a 30-year fixed-rate mortgage has hit its highest level since September 2000, following the seventh consecutive weekly increase. Now at 7.9%, the highest interest rate in 23 years is driving mortgage applications to a 28-year low. “Mortgage activity continued to stall, with applications dipping to the slowest weekly pace since 1995,” MBA vice president and deputy chief economist Joel Kan said. “These higher mortgage rates are keeping prospective home buyers out of the market and continue to suppress refinance activity.” Reuters
U.K. Landlords Threaten to Quit Over Proposed Renters’ Reform Bill
More than half of landlords in the U.K.—54%—said they would consider quitting because of the proposed Renters’ Reform bill, which is now getting a second reading. One out of five landlords said abolishing no-fault evictions is one of the least attractive elements of the reform bill, as it is currently the only way to quickly evict tenants. “It’s important that landlords are given the time and information they need to prepare for significant upheaval in the coming years, so they can continue to provide much-needed housing for almost five million households nationwide,” said Alan Thomas, U.K. chief executive at Simply Business. PropertyWire
Danny McBride Lists Hollywood Penthouse for $1.8 Million
Actor and screenwriter Danny McBride is parting with his longtime Hollywood condo, which is now on the market for $1.8 million. McBride, who created the HBO comedy shows “Eastbound & Down,” “Vice Principals” and “The Righteous Gemstones,” purchased the duplex penthouse in 2009 for a little more than $1.4 million. The home, which has previously been listed both on the sales and rental markets, sits on the 10th floor of the landmarked Broadway Hollywood and overlooks the Hollywood Sign and the Capital Records Building. Spanning almost 2,200 square feet, the penthouse has double-height ceilings, one bedroom and two bathrooms. McBride and his family have primarily lived in Charleston, South Carolina, since 2017. Robb Report
AROUND NEWS CORP
Why Dublin Is Attracting First-Time Buyers (and Downsizers) [The Times of London]
This Bizarre Fund Is Mostly Invested in 1 Stock—and It’s Beating the S&P 500 This Year [Barron’s]
Rapper Lil Uzi Vert Prices His ‘Bad and Boujee’ SoCal Estate at $6M [Realtor.com]
Buy the Hamptons Home Where Beyoncé and Jay-Z Once Summered—for $37M [New York Post]
