Real Estate Blog
URA board votes to start Strip terminal redevelopment
McCaffery expects to begin $100 million in development along Smallman next month
First-time homebuyer savings accounts still delayed in New York
The bill that Gov. Andrew Cuomo signed in December 2017 would create a savings account with tax advantages for first-time homebuyers but there was a caveat: a study about the financial impact had to be done first.
Palo Alto scraps downtown commercial space cap, opening door to more development
Palo Alto elected officials this week voted to remove a key restriction on the city’s downtown commercial development, clearing the way for more office space to rise in the city’s central business district.
The sky is falling? Leading Bay Area economist predicts tech-led recession soon
The region's reliance on the tech industry as a job driver could be its downfall, Ken Rosen argues.
San Antonio home sales outpace Texas in January
The local housing market started strong in 2019 as sales in January rose 2 percent year over year, according to the latest Multiple Listing Service report from the San Antonio Board of Realtors.
There were 1,788 homes sold last month in the San Antonio area, up from 1,760 in January 2018. The average price of a home in January also saw a 2 percent year-over-year increase to $249,477, up from $244,571. The median price increased 3 percent to $217,200, up from $210,700 in January 2018. All figures…
Amazon’s decision to drop NYC for HQ2 draws jeers from business leaders
Now that Amazon.com has dropped New York City for its HQ2 expansion, odds are other companies will swoop in and take over what would have been some 8 million square feet of space in the Long Island City (LIC) enclave of Queens.
That is, unless, Amazon's dealings with local legislators spooked others from wanting to do business there.
“I hope today's news doesn't scare away other business and entrepreneurs,” says Julie Samuels, Executive Director, Tech:NYC. Unless, told me. “New York City has so…
Hewlett Packard CEO buys Stone Creek Ranch mansion for $8M
Hewlett Packard President and CEO Antonio Neri paid $7.5 million for a mansion in the Stone Creek Ranch neighborhood west of Delray Beach.
Leslie D. Melamed and attorney Beth E. Melamed sold the 12,474-square-foot home at 16141 Quiet Vista Circle to Neri, of San Jose, California. Wells Fargo Bank provided a $5 million mortgage to the buyer.
The price equated to $601 per square foot.
The home was built on the 2.5-acre site in 2017. The Melameds bought the vacant lot for $1.05 million in 2015 and…
Familiar face in Wichita real estate circles to head new ReeceNichols office
Regional real estate power ReeceNichols to open Wichita office in 2019.
Think Triangle is pricey? Try $9M for half-acre site in this Atlanta area
The Atlas affiliate paid $8.9 million for the property, which is overlooked by the 3630 Peachtree tower.
‘Plaza Bowl’ height limit ordinance passes City Council
The ordinance proposed earlier this week that would limit building heights within the “bowl” of the Country Club Plaza won unanimous approval from the Kansas City Council on Thursday.
The day before, the Planning, Zoning and Economic Development Committee advanced the ordinance, which would establish an overlay district that prevents development beyond a certain height — three to five stories — within what’s called the “Plaza Bowl,” or the center of the Plaza.
The bowl concept…