Author name: Szabi

Ken Griffin Adds $38 Million Park Avenue Apartment to His $1.5 Billion Portfolio

Ken Griffin Adds $38 Million Park Avenue Apartment to His $1.5 Billion Portfolio

Billionaire Citadel founder and CEO Ken Griffin has reportedly expanded his enormous international property portfolio with the addition of a $38 million duplex apartment inside a storied New York City apartment building. Griffin, 57, whose real estate holdings are believed to be worth upward of $1.5 billion, is said to have purchased the unit inRead …

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A Third of Illinois Voters Consider Moving Over Housing Costs

A Third of Illinois Voters Consider Moving Over Housing Costs

An overwhelming majority of Illinois voters believe the state’s housing crisis is deepening, with more than a third reporting they considered moving out of state because of rising costs in the last year, according to a new poll. The Illinois Realtors® group released its latest survey Tuesday, timed to coincide with Gov. JB Pritzker’s addressRead …

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Ryan Serhant Announces Major Expansion Across California

Ryan Serhant Announces Major Expansion Across California

Real estate tycoon Ryan Serhant is making his biggest move yet—expanding his eponymous brokerage into California, where he believes his business will find its greatest opportunities for success, even amid a time of great volatility in the wake of the 2025 wildfires and fallout from a proposed billionaire tax on the state’s wealthiest residents. TheRead …

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EXCL: Richard Simmons’ Estate Relists as $5.8 Million ‘Development Opportunity’

EXCL: Richard Simmons’ Estate Relists as $5.8 Million ‘Development Opportunity’

The 90-year-old estate where famed fitness guru Richard Simmons lived for four decades before his death is returning to the market with a new asking price—and a “highly strategic” sales strategy that sees the property touted as a “development opportunity” and a chance to “create a world-class” dwelling. Simmons, who shot to fame in theRead …

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Historic Connecticut Mills To Become New Housing After 15-Year Wait

Historic Connecticut Mills To Become New Housing After 15-Year Wait

The historic textile hub of Vernon, CT, is mired in a decade-long slog to convert a massive complex of vacant, crumbling mills into 200-plus new apartments—a difficult and costly process that underscores the difficulty of adaptive reuse as Connecticut faces the nation’s worst housing shortage. The massive project, now on its third developer, revolves aroundRead …

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From Mark Zuckerberg to Chuck Norris, March’s Biggest A-List News Revealed

From Mark Zuckerberg to Chuck Norris, March’s Biggest A-List News Revealed

March was a whirlwind of celebrity news—particularly when it came to real estate. Mark Zuckerberg kicked off the month in extravagant style when it was revealed that he had dropped a staggering $170 million on a brand-new megamansion on Florida’s famed “Billionaire Bunker,” setting a new Miami-Dade County record in the process. The nine-bedroom, 11.5-bathroomRead …

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San Diego Fast-Tracked Permits for 6,746 Homes in 3 Years

San Diego Fast-Tracked Permits for 6,746 Homes in 3 Years

San Diego’s affordable housing fast-track program has now permitted 6,746 homes since 2023—with 2,148 of them completed and open to residents, averaging just nine days to clear city review. The ‘Affordable Housing Permit Now’ program was created through a 2023 executive order from Mayor Todd Gloria, which directed the city’s Development Services Department to reviewRead …

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What America’s Rising Debt Could Mean for Mortgage Rates and Home Prices

What America’s Rising Debt Could Mean for Mortgage Rates and Home Prices

The next obstacle to cheaper mortgages and more affordable homes may not be inflation or the Federal Reserve, but Washington’s debt. President Donald Trump’s fiscal 2027 budget blueprint has drawn renewed scrutiny because it does not lay out a clear long-term plan to stabilize the nation’s $38 trillion debt burden, even as annual deficits growRead …

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