All posts by: Mara Jordan

The Brooklyn Real Estate Bubble Will Never Pop

    The housing crash of the late 2000s was supposed to have decimated property values across the nation. But in Brooklyn, the housing market barely broke its stride. Supply and demand is supposed to be an immutable truth, yet...
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The $5 billion question: Will WeWork survive the next downturn?

    In November, news broke that the shared-office provider WeWork raised $150 million in February from a number of high-profile investors, including Boston Properties’ Mort Zuckerman. The deal valued WeWork at $1.5 billion and catapulted it into the limelight....
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Rich, urbane and entrepreneurial: meet Africa’s new super-rich with a taste for the London lifestyle

    For her 18th birthday last year Temi Otedola wanted to celebrate in style. So her family hired One Mayfair and threw a bash none of the 180 guests would forget. The theme was Moulin Rouge (it was either...
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There’s a cool new thing tech billionaires are spending millions on instead of Ferraris and private islands

    On May 11, an anonymous buyer at Christie’s in New York set a record when they placed a bid for $US179.4 million for “Les femmes d’Alger (Version ‘O’),” a vibrant canvas painted by Pablo Picasso in 1955. It...
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Private Island Ownership: Status Of Wealth Among Chinese

    Extremely rich people buy cars, house and lots or luxury timepieces to celebrate their bountiful wealth. Extremely rich people from mainland China, on the other hand, buy private islands. In China, instead of getting luxury cars or prime...
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Miami Real Estate Market Continues to Heat Up

    The latest data from the Miami Association of Realtors show that the city continues to be one of the busiest real estate markets in the U.S. According to a report from propertywire.com, the median sales prices for all...
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Why luxury flats will have more takers in HK

    Swire Properties has just sold a super-deluxe duplex apartment at its Opus tower for nearly HK$500 million (US$80.5 million), setting a new record as Asia’s most expensive apartment in terms of price per square foot. The property at...
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London’s Church and State Brace for Cooling Property

    In London’s booming commercial-property market, church and state alike have been among the biggest winners. Now, some of Britain’s oldest and richest landlords are preparing for the market to cool. Property investment funds run on behalf of the...
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Frank Gehry Building at Berlin’s Brandenburg Gate Said for Sale

    A Frank Gehry-designed office and apartment building near Berlin’s Brandenburg Gate is up for sale, according to three people with knowledge of the matter. The four-story DZ Bank building at Pariser Platz 3 is being marketed by BNP...
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Inside Related Companies Top-Selling Condos

    New York—Fewer than 60 days after the tower’s 100th sale, Related Companies’ Carnegie Park has reached the half-sold milestone. That makes it Manhattan’s top-selling building in terms of units sold in the first half of this year. With...
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