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The Latest Breaking News on Real Estate

NYC’s Flatiron Building sells at auction for $161m

Sale of historic New York City landmark brings long-running owners’ feud to an end

The Independent UK

This is the biggest house sale loss – but worse is to come as interest rates rise

Today's Reserve Bank rates decision is heralded by economists as its most important since Covid. An anticipated OCR hike will put new pressure on mortgaged homeowners in election year. Jonathan Milne reports.

Newsroom.co.nz

Rents soar to £1,280 a month in Manchester city centre - here's what the average price will get you

The cost of renting a property across the city centre has gone up once again

Manchester Evening News

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People are fuming about this development – and NO ONE at the council bothered turning up to a meeting about it

Manchester council is not defending its decision on a controversial development which is being discussed at a public inquiry this week

Manchester Evening News

Land tax change not Vic renters' biggest issue: Andrews

Business, housing and school lobby groups have lashed the Victorian budget over a series of debt-reducing measures to help repay the state's mounting borrowing.

AAP

Leader accused of being 'out of touch' over house price rise 'gloating'

Houses prices in the borough have increased by 22%

Liverpool Echo

Who Is Nicole Young From 'Selling Sunset'?

"As long as we can just be in the same office, focus on our business—that's the best scenario that we can have."

Marie Claire

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Six steps to follow if you're struggling to pay your rent as costs hit a record high

Around 4.4million million people live in the private rented sector and many have struggled over the last year with the cost of their homes which are now reaching record highs

Daily Mirror

Daniel Andrews’ balancing act: the politics of targeting taxes at big business and ‘landlords’

This is not the first time the Victorian government has targeted taxes at specific groups in its budget to help fund reforms

The Guardian - AU

Small Business Spotlight: The Roundtree

Lawyer-turned-hospitality entrepreneur Sylvia Wong delights in recreating memorable experiences from her travels.

Marie Claire

Jason Oppenheim tells us what you should look for when viewing a house and where he would buy in London

Jason Oppenheim is a household name, rising to fame with his Netflix reality series, Selling Sunset.

Marie Claire

Modern South Tyneside industrial space replaces former waste centre

The former Biffa site - one of the largest industrial spaces in South Tyneside - has had a £4m facelift

Birmingham Post

Top 10 US Cities for Real Estate Development

A new real estate study ranks the metros leading the country in fresh construction over the past 10 years.

Kiplinger

Expert: DOJ worried Don "monetized" docs

"There is a whole other set of potential criminal charges,” says Neal Katyal

Salon

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Evening Standard

Homes must be built on London’s green belt to tackle housing crisis, warn business chiefs

Construction is falling way short of demand as researchers say there isn’t enough brownfield land to solve the problem

Evening Standard

Sadiq Khan: Boroughs need power to charge limitless council tax on empty homes

‘Long-term vacant’ homes across London are thought to be worth some £20 billion in total

Daily Mirror

Man's life 'wrecked' after finding out recently bought £850,000 flat is now 'worthless'

Daniel Bruce says the legal battle over his home in Camden, north London, occupies so much of his time that he is unable to work as residents are faced with bills of hundreds of thousands of pounds

The Independent UK

Trump Organization ordered to hand over foreign real estate deal records as part of classified documents probe

Special Counsel Jack Smith’s office subpoenaed the business empire for documents on real estate licensing and development dealings made in seven countries since Trump was sworn into office in 2017

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Al Jazeera

Pakistan’s Imran Khan gets bail from anti-terrorism court

The ex-PM has been granted bail until June 8 in eight cases related to violence at the court complex in March this year.

Los Angeles Times

Editorial: Homeless people shouldn’t spend weeks proving they’re poor before they get an apartment

From Venice to downtown Los Angeles, Mayor Karen Bass’ Inside Safe program moved some 1,200 homeless people out of encampments into motels and hotels during her first four months in office. But only 70 people have moved from those temporary accommodations into permanent housing, Bass said recently. That’s a number…

Tribune News Service

Conor Sen: Bye-Bye, New York. Hello, Fayetteville.

(Bloomberg Opinion) — College graduates and more affluent residents are fleeing high-cost cities like New York and San Francisco, according to a recent New York Times article. Of course, major coastal cities have been pricing out the working class for a long time, but that’s picked up pace in recent…

Nottingham Post

Plans announced to convert former gym in 'nice little town'

The former Intrim Health Studios could become a HMO and flats

Manchester Evening News

Greater Manchester's cheapest house is on the market for just £20,000

This semi-detached house is the best bargain in the region at the moment - but it needs a bit of TLC

The Guardian - UK

Private renters ‘almost twice as likely to struggle with debt as UK general population’

Charity says stronger protections are needed or people will be left vulnerable to ‘hair-trigger evictions’

The Independent UK

Labour to force vote on ending ‘feudal’ leasehold system: ‘Nothing short of a scandal’

It comes after Gove appeared to confirm suggestions his pledge to scrap leaseholds will be watered down

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