Rents in Canada are so high that minimum-wage earners have to allocate much of their full-time work hours to cover the average cost an apartment, thereby jeopardizing their push for…
City
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Real Estate
New York City Family Snaps Up $47M St. Regis-Branded Penthouse in Miami’s ‘Manhattan of the South’
A family from New York City has agreed to pay $47 million for a penthouse at the under-construction St. Regis Residences in the heart of Miami’s Brickell financial district, where…
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Back in 2018, I wrote that households need to earn $300,000 a year to live a middle-class lifestyle in an expensive coastal city. The internet was not pleased. I was called out…
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Television City, one of the most famous studios in the entertainment industry where generations of TV shows have been created, is expected to hit the market again as its owner…
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In another blow to the struggling downtown office rental market, longtime stalwart corporate tenant PricewaterhouseCoopers has agreed to move its Los Angeles offices to Century City. London-based PwC is one…
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If you want a greater chance of building more wealth than the average person, live in one of the most expensive cities in the world. These cities are expensive for…
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A massive real estate development that would include more than 1,500 residences, dramatically transform three city blocks and alter the downtown Los Angeles skyline was approved Tuesday by the City…
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The Rent Guidelines Board approved a 0% rent increase on one- and two-year leases Thursday night, delivering New York City Mayor Zohran Mamdani perhaps his largest political win to date…
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Stocks
Digital Realty expands into Kansas City; to raise stake in Teraco, acquire Columbia Capital (DLR:NYSE)
luza studios/E+ via Getty Images Digital Realty Trust (DLR) on Monday announced an expansion into the Kansas City market and an increase in its ownership interest in Teraco to 77%.…
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The sellers created the home four year ago. Picture: Supplied/Darren Kerr Photography A home in one of the most affordable pockets of a major Australian capital city has just sold…
