Real Estate Blog

BRIDEGEPORT, N.Y. – The Oneida Nation's Point Place Casino in Bridgeport will open its doors at 10 a.m. Thursday, less than a year after plans were announced to build it near the Madison County-Onondaga County line.

The grand opening will feature costumed entertainers, appearances by local officials, a ceremonial log-cutting and chances for guests to win cash, Free Play, dining credits and more.

Read the full story and see more photos at NYUp.com.

Shaker Run is located at 1320 Golf Club Drive and was built in 1979.

The Connecticut-based franchisor of fresh fruit baskets is scouting Buckhead and central Perimeter for nearly 200,000 square feet. Edible Arrangements could buy a building, or build one.

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Kernersville has long held a strategic position with access from both I-40 and Business 40. It's within 15 minutes of Winston-Salem, Greensboro and High Point, and benefits from its proximity to the growing jobs center at and surrounding Piedmont Triad International Airport, home to growing companies such as Honda Aircraft Co.

San Leandro's largest active housing project is slated to break ground by the end of this year, adding 485 housing units and a 220-room Hyatt Hotel on the waterfront.

Mark Borsuk had tall ambitions to transform a parking garage in downtown Oakland into a 37-story, 395-foot residential tower dubbed the Alice Street Energy Harvester.

Borsuk discussed building the tower for more than 10 years and told the Business Times in 2010 that he wanted to complete the project by his 70th birthday on Jan. 26, 2016.

City records show that Borsuk never even submitted an application for the development.

Now, the site is on the market. The property, at 1439-43 Alice St.…

Metro Denver’s housing market is approaching a tipping point when it comes to affordability, according to a quarterly update from HSH.com, a mortgage research firm.

The median price of a home in metro Denver reached $414,000 in the fourth quarter, about $166,000 higher than the median-priced home nationally.

To qualify for a 30-year mortgage on a home at metro Denver’s median price, assuming a 20 percent down payment and an interest rate of 4.04 percent, a borrower needed income of $79,181, HSH.com calculates.

Nationally, the median income needed to buy the median priced home came in just under $55,000.

The most recent U.S. Census Bureau estimate the median family income in metro Denver is running just above $80,000, said Keith Gumbinger, a vice president with HSH.com.

That has kept Denver from joining “failed” markets like San Francisco, New York and Los Angeles, where the median home price has detached from the median family income.

The median represents the midway point, where..

The project will replace two surface parking lots at 410 W. Mulberry Street near Lexington Market.

The exodus, led by managing partner Steve Purpura, follows months of speculation and jockeying among local brokerages seeking to bring on the Transwestern RBJ team.