A 6,000-square-foot, five-bedroom, ninth-floor condo in Surfside recently sold for $24 million. Sarah Paynter reports on the sale in The Wall Street Journal, writing: Serial entrepreneur Ken Seiff has purchased a Miami-area condo for $24 million, according to people familiar with the deal. The roughly 6,000-square-foot condo at the Surf Club Four Seasons in Surfside […]
College Grads and Young Professionals Living in Boston
It’s incredibly expensive to live in the Greater Boston area. Median rents for a one bedroom are up 3.6% from last year according to RentHop. Breaking the city up into pieces according to the MBTA (subway) gives you an idea of the Boston market. Living near the T (subway) can be at or near the […]
Mosquito Apartments
Anyone see a problem here? In Hong Kong apartments the size of a parking spot are selling for $516,000 reports the WSJ. The apartment, in a development called High Place, isn’t much bigger than the standard U.S. parking space. It went into contract in May for almost four million Hong Kong dollars (US$516,000.) Even by […]
$100 Million Room with a View, or Not
You just gotta love the obnoxious real estate prices in Manhattan. Vornado Realty Trust’s 220 Central Park South has already secured $1.1 billion, or one-third of the building, making it already profitable reports the WSJ. “We are doing beyond well,” said Vornado CEO Steve Roth. Yawn. Then you have the penthouse at the building called […]