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A look back at 17 years of real estate history

2003 APRIL The Real Deal publishes its first issue, weighing in at a slim 24 pages. JUNE TRD launches its website, which now has 2 million unique visitors a month. JULY Financier David Martinez buys a penthouse in the Related Companies’ new Time Warner Center for $42 million, the most ever for a NYC residence. AUGUST Harry Macklowe [...]

US is short nearly 4M new homes: report

The U.S. is short 3.8 million new homes
The U.S. is short 3.8 million new homes The housing shortage in the U.S. is deepening despite strong demand, and a new report found that builders must construct nearly four million new homes to catch up. Almost 9.8 million households were formed between 2012 and 2019, but just 5.9 million new single-family [...]

Consumer conglomerate CEO buys condo at One Thousand Museum

One Thousand Museum and Ravichandra Saligram 
One Thousand Museum and Ravichandra Saligram The president and CEO of Newell Brands – which includes household names like Rubbermaid, PaperMate and Yankee Candle – paid $6 million for a condo at the Zaha Hadid-designed One Thousand Museum in downtown Miami. That’s the equivalent of about 3.6 million Sharpie markers, which Newell [...]

Lucky’s Market plans to close nearly all Florida stores

(Credit: Lucky's Market, iStock)
(Credit: Lucky’s Market, iStock) The popular grocery chain Lucky’s Market is closing almost all of its Florida stores, a month after Kroger announced that it would pull back its investment in the company. Lucky’s plans to close 20 stores in Florida, including its stores in Coral Springs, Oakland Park and Plantation by [...]

Toll Brothers' record shows the housing boom has no end in sight

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Should I get a fixed- or adjustable-rate mortgage?

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Zillow buys a mortgage lender and the stock tanks

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Looking for a home in Berlin or Budapest? Prepare to pay more

Europe took 11 of the top 20 spots on a ranking of cities with the largest price increases in the first quarter, according to global property agency Knight Frank. [...]