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A Hedge Fund Makes Billions Off Americans’ Underwater Mortgages
News 3 weeks ago
A Hedge Fund Makes Billions Off Americans’ Underwater Mortgages

Fortunes were made on Wall Street betting against sketchy mortgages before the housing bust a decade ago. In its aftermath, one firm has made...

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‘Tis Delivery Season; Nimble Warehousing; Braking Trucking’s Rest Rules
News 3 weeks ago
‘Tis Delivery Season; Nimble Warehousing; Braking Trucking’s Rest Rules

Sign up: With one click, get this newsletter delivered to your inbox. Sign up: With one click, get this newsletter delivered to your inbox....

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Connecticut Gov. Malloy Leaves Complicated Legacy on Economy and Fiscal Policy
News 3 weeks ago
Connecticut Gov. Malloy Leaves Complicated Legacy on Economy and Fiscal Policy

HARTFORD, Conn.—When Gov. Dannel Malloy leaves office next month, Connecticut’s private-sector job count will stand at 1.48 million—the highest...

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Ultra-Orthodox and Secular Jews Struggle Over an Israeli Tourist Town’s Identity
News 3 weeks ago
Ultra-Orthodox and Secular Jews Struggle Over an Israeli Tourist Town’s Identity

Tiberias was once a popular weekend beach getaway for Israelis and a magnet for foreign visitors. Tiberias was once a popular weekend beach getaway...

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Paris-Based Architect and Designer on Whether the City Will Ever Embrace the High-End Luxury Tower
News 3 weeks ago
Paris-Based Architect and Designer on Whether the City Will Ever Embrace the High-End Luxury Tower

Paris-Based Architect and Designer on Whether the City Will Ever Embrace the High-End Luxury Tower A Six-House Compound at Water’s Edge on Lake...

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New York City Luxury Market Has Unseasonably Strong Week
News 3 weeks ago
New York City Luxury Market Has Unseasonably Strong Week

22 contracts signed last week topped $4 million, doubling the number signed the same time last year As 2018 starts to wind down, Manhattan’s luxury...

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Rents in Edinburgh Rise Five Times Faster Than U.K. Average
News 3 weeks ago
Rents in Edinburgh Rise Five Times Faster Than U.K. Average

Rents in Edinburgh Rise Five Times Faster Than U. K. Average Rents in Edinburgh Rise Five Times Faster Than U. K. Average But London seems to have ...

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Hadley Fisher Lists Miami Beach Adobe for $16.5 Million
News 3 weeks ago
Hadley Fisher Lists Miami Beach Adobe for $16.5 Million

The heir to real estate firm Fisher Brothers combined two units to create an expansive home with ocean views Hadley Fisher, a third-generation...

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For U.S. Cities, Size Increasingly Matters
News 3 weeks ago
For U.S. Cities, Size Increasingly Matters

The Citibank building in New York's Long Island City neighborhood will house new Amazon employees starting in the first half of 2019. Amazon chose...

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On-Demand Warehouse Space Gains Traction in Tight Real-Estate Market
News 3 weeks ago
On-Demand Warehouse Space Gains Traction in Tight Real-Estate Market

Some big retailers are looking to become as flexible as short-term apartment renters when it comes to managing warehouses. This holiday season, Inc...

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Gas Prices Are Falling, but Refiners Keep Making More
News 3 weeks ago
Gas Prices Are Falling, but Refiners Keep Making More

Fuel makers can’t stop churning out gasoline even as prices fall, a development that could flood the world with supply and put further pressure on...

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Shutdown’s Initial Impact Likely to Be Minor
News 3 weeks ago
Shutdown’s Initial Impact Likely to Be Minor

WASHINGTON—The partial government shutdown that began Saturday triggered furloughs for hundreds of thousands of federal workers, but was otherwise...

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Got Junk? Self-Storage Investors Hope So
News 3 weeks ago
Got Junk? Self-Storage Investors Hope So

Storing people’s stuff may have become too profitable a business for its own good in recent years. Analysts and investors are worried that the self...

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Early Holiday Returns; Speeding Up Port Calls; Drones In Unfriendly Skies
News 3 weeks ago
Early Holiday Returns; Speeding Up Port Calls; Drones In Unfriendly Skies

Sign up: With one click, get this newsletter delivered to your inbox. The holidays aren’t even over and returns season has already started for...

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Amazon to Lease 10 More Freighters from Air Transport Services
News 3 weeks ago
Amazon to Lease 10 More Freighters from Air Transport Services

Inc. AMZN -4.87% on Friday said it would lease another 10 freighter aircraft from Inc., ATSG 9.99% as the online retail giant expands its air cargo...

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Shoppers Find Out How Much They Miss Toys ‘R’ Us
News 3 weeks ago
Shoppers Find Out How Much They Miss Toys ‘R’ Us

The void left by Toys “R” Us hit shoppers hardest this week, as they hunt for hot gifts during the year’s busiest days for toy sales and retailers...

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The Amazon Effect In New York Will Reach Beyond Long Island City
News 3 weeks ago
The Amazon Effect In New York Will Reach Beyond Long Island City

The Amazon Effect In New York Will Reach Beyond Long Island City The Amazon Effect In New York Will Reach Beyond Long Island City For investors as...

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Walgreens to Shed $1 Billion in Costs
News 3 weeks ago
Walgreens to Shed $1 Billion in Costs

Inc. WBA -2.07% said it plans to save more than $1 billion over a period of three years under a new cost-cutting plan as the drugstore chain...

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Which Montreal Neighborhoods Have the Most Favorable Tax Rates?
News 3 weeks ago
Which Montreal Neighborhoods Have the Most Favorable Tax Rates?

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q. I am looking to move to Montreal. I...

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Holiday Returns Already Are Flooding Parcel Networks
News 3 weeks ago
Holiday Returns Already Are Flooding Parcel Networks

As online retailers ship out loads of goods this season, parcel carriers already are lugging many of those purchases back on the reverse trip. Of...

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Justice Department Sues Over Conservation Easements
News 4 weeks ago
Justice Department Sues Over Conservation Easements

WASHINGTON—The Justice Department sued Georgia-based promoters of a tax strategy on Wednesday, contending they used overvalued land appraisals to...

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Rent prices are doing something unexpected in some of the country’s most expensive cities
News 4 weeks ago
Rent prices are doing something unexpected in some of the country’s most expensive cities

In cities like Seattle, the rent has indeed gotten too damn high — so high, in fact, that prices have flattened. Rent prices in Seattle, the home...

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New York City Housing Authority Ranks No. 1 on Worst Landlord List
News 4 weeks ago
New York City Housing Authority Ranks No. 1 on Worst Landlord List

The New York City Housing Authority topped Public Advocate Letitia James’s latest list of the worst landlords in the city. The problem-plagued...

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General Mills Gets Boost From Charging More for Its Food
News 4 weeks ago
General Mills Gets Boost From Charging More for Its Food

Inc. GIS 6.27% said raising prices this year helped improve its profit margin despite record-high freight costs and disappointing sales growth. The...

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Worcester Is Reviving, but People Still Can’t Spell It (Forget the Pronunciation)
News 4 weeks ago
Worcester Is Reviving, but People Still Can’t Spell It (Forget the Pronunciation)

WORCESTER, Mass.—This city is shaking off decades of post-industrial rust with help from downtown revival efforts, a restaurant scene and, coming...

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Borrowers See Rates Rise Unevenly Ahead of Fed’s Move
News 4 weeks ago
Borrowers See Rates Rise Unevenly Ahead of Fed’s Move

WASHINGTON—Borrowing costs for U. S. consumers have risen unevenly in recent months, as expectations that the Federal Reserve will increase...

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Charter, New York Reach $174.2 Million Settlement Over Internet Service Quality
News 4 weeks ago
Charter, New York Reach $174.2 Million Settlement Over Internet Service Quality

Inc. CHTR -1.06% will pay more than $174 million as part of a settlement following a probe by the New York state attorney general into the quality...

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Rent-A-Center Ends Deal to Be Acquired by Vintage Capital
News 4 weeks ago
Rent-A-Center Ends Deal to Be Acquired by Vintage Capital

Inc. RCII -15.61% said it terminated its roughly $800 million agreement to be acquired by Vintage Capital Management LLC after the investment firm...

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Growing Glut of Office Supply to Pressure Rents Next Year
News 4 weeks ago
Growing Glut of Office Supply to Pressure Rents Next Year

Next year could be a real slog for many office landlords. Developers are expected to add 68 million square feet of office space this year, the...

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Real-Estate Stocks Beating S&P 500 for First Time Since 2015
News 4 weeks ago
Real-Estate Stocks Beating S&P 500 for First Time Since 2015

Real-estate investment trusts are on pace this year to outperform the broader stock market for the first time since 2015, as investors seek safety...

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