Real Estate

  Bloomberg Moving to Manhattan? Here’s a listing for a three-bedroom apartment in a doorman building in the East Village, offering 900 square feet for the low price of $3,384. It would be a steal, if only the houndstooth rug and surfboard art shown in the photos didn’t so closely resemble the décor seen in this listing for a one-bedroom ...

  Bloomberg Canada’s hottest housing market may be cooling. Home sales in Vancouver fell a third straight month in July, the Canadian Real Estate Association said, with price gains also showing signs of slowing. The data should be a relief to buyers and policy makers who have been growing increasingly worried about affordability in the city, and suggest Vancouver’s market ...

  Bloomberg When the world’s superrich shop for a lavish garden to frame their sprawling estates, they call Belgian master-landscaper François Goffinet. Goffinet’s secret weapon: a deep knowledge of the land and a timeless classical style. With his pavilions, ironwork, gate lodges, and follies (who doesn’t love a good hedge maze?), he’s reviving the grand tradition of the 18th century ...

  Bloomberg The July wobble in China’s economy — like its multi-year slowdown — has much to do with the waning “animal spirits” of Chinese businesses caused by an historic shift in housing. That’s according to Chi Lo, greater China senior economist at BNP Paribas Investment Partners in Hong Kong. A property-led pick up in the first half lost momentum ...

  Bloomberg London properties are taking longer to sell this month, despite a summer price cut, as Brexit uncertainty compounds the dampening effect of the holiday season. Homes in the UK capital are staying on the market for five days more than in May, the month before Britons voted to leave the European Union, property website Rightmove Plc said in ...

  Bloomberg Mid-America Apartment Communities Inc., a real-estate investment trust, is close to a deal to buy Post Properties Inc. for about $4 billion as demand for rental properties booms, The Wall Street Journal reported. Post Properties shareholders will get 0.71 share of new MAA stock for each share in a deal, according to the newspaper’s website, which cited people ...

  Bloomberg The number of new homes sold in Singapore rose to the highest in a year in July, with buyers snapping up new projects after almost three years of price declines. Developers sold 1,091 units last month, compared with 536 in June, according to data released Monday by the Urban Redevelopment Authority. That’s the highest since July 2015, when ...

  Bloomberg In a bid to keep its planned Central Park Tower afloat, Extell Development Co. agreed to a deal that might one day force it to part with the luxury condo project. A joint venture with China’s SMI USA to build the $3 billion skyscraper on Manhattan’s Billionaires’ Row comes with a deadline: If a construction loan isn’t obtained ...

  Bloomberg Two cities in China’s eastern Jiangsu province unveiled a package of measures designed to stem a surge in property prices, as more local policy makers are gearing up to cool overheating home markets. Nanjing, Jiangsu’s provincial capital, and Suzhou, a regional manufacturing base that’s a 30-minute train ride from Shanghai, will raise down-payment requirements for some buyers of ...

  Bloomberg Boston University’s announcement that it has agreed to sell the building on which the city’s Citgo sign sits to a local developer is raising hopes among preservationists that the iconic symbol will stay. The university said it had reached a deal with developer Related Beal to sell a package of several properties, including the home of the 3,600-square-foot ...