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The Real Deal - New York Real Estate News |
Efforts to chill Hong Kong’s resi market aren’t working Posted: 24 Dec 2017 10:00 AM PST Hong Kong’s chief executive said government efforts to temper the world’s most expensive property market have failed. “It’s impossible for the government to curb property prices,” chief executive Carrie Lam said during an interview with Radio Television Hong Kong, Bloomberg reported. “Despite the several rounds of cooling measures by the government, prices didn’t drop. Some even suggested that those measures had pushed up prices instead.” Prices in Hong Kong’s resale market rose 14 percent this […] |
Super-wealthy developers the Candy brothers just won the trial of the year Posted: 24 Dec 2017 09:00 AM PST Super-wealthy property developers and brothers Nick Candy and Christian Candy have won a £132 million court case against their former friend and fellow developer Mark Holyoake. The long-running court battle saw Holyoake accuse the pair of blackmail, extortion, and intimidation in relation to a complex London property deal that turned sour. The High Court ordered Holyoake to pay the brothers £5.8 million in interim costs of £5.7 million by mid-January 2018. The brothers said in […] |
Greece is the next frontier for Chinese and Russian buyers Posted: 24 Dec 2017 08:00 AM PST The latest trend for Russian and Chinese buyers? Greece. The country is one of the few nations in Europe with a real estate market that has not fully recovered from the economic crisis in 2008, and it may now be primed for a rebound, according to Bloomberg. Apartments in Athens that are more than five years old have seen prices drop by 45 percent between 2008 and June, and the country’s average price per square […] |
Posted: 24 Dec 2017 07:00 AM PST A sprawling middle-class neighborhood is rising on the site of the retired San Francisco Naval Shipyard in Hunters Point. But before residents arrived at this long-forgotten patch of the city’s waterfront, the area was home to a federally run nuclear test site. In a secret laboratory used for decades after World War II, the US Navy ran tests on ships exposed to atomic weapons and conducted research about the effects of radiation on living organisms. The shipyard’s […] |
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