Real Estate

Over 19 million of renter households in the country spent more than 30% of their income on housing costs during the 2017-2021 period, according to data from the new American Community Survey five-year estimates released today by the U.S. Census Bureau. Households spending more than 30% on housing costs, including rent or mortgage payments, utilities,
0 Comments
For decades, construction contracts and subcontracts—both in New York and elsewhere—seem to have attracted more than their share of payment disputes. Owners regularly run out of money. Contractors and subcontractors regularly screw up (and run out of money). Projects regularly go over budget—but rarely stay under budget—and regularly fail (often because they ran out of
0 Comments
Tenants often deliver substantial security deposits when they sign leases. Those deposits are supposed to secure the tenant’s obligations. At the end of the lease, if the tenant has properly behaved, the landlord should return the security deposit to the tenant. It’s not the landlord’s money, or is it? Maybe it is—if the landlord files
0 Comments
When participants in real estate and other business transactions negotiate their contracts, they think about what might happen later and what legal consequences should arise from those events or circumstances. For example, a contract might prohibit a party from doing something. It might also say that if a party wants to do something, then the
0 Comments
City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng—has deferred plans to list its commercial properties in the U.K. on the Singapore Exchange amid heightened market volatility and macroeconomic headwinds. The company aimed to raise about 500 million pounds ($607 million) from the maiden share sale of a portfolio of U.K. commercial properties—including an office
0 Comments
Set just south of its glitzy sister, Las Vegas, is Nevada’s second-largest city: Henderson. In some ways, it seems a world away. Exuding many small-town aspects, the city boasts farmers markets, 180 miles of trails, a pond-filled bird-viewing preserve and lion sanctuary. The nearly $7.5 million home is the master-planned MacDonald Highland’s community of Henderson,
0 Comments