News about properties and real estate
Treasure Coast official accused of land payoff [South Florida] The FBI arrested a governor’s appointee to the Treasure Coast Regional Planning Council Monday, making him the third defendant facing criminal charges in the corruption case against former Palm Beach County Commission Chairman Tony Masilotti. Daniel Miteff of Wellington, accused of making a $50,000 payoff to …
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A Booming Real Estate Market Gives Harry Macklowe the Last Laugh [Manhattan] When Harry Macklowe, the scion of one of New York’s most prominent real estate families, paid $1.4 billion in September 2003 for the General Motors Building on Fifth Avenue between 58th and 59th streets, people laughed at what seemed like an outrageous price. …
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Women Unafraid of Condo Commitment [New York] David Wslentas — a Brooklyn developer solidly entrenched in the testosterone-dominated real estate world — is having a hard time making sense of the streams of women passing through his sales office at 110 Livingston Street in downtown Brooklyn. In the last five months, single women spent more …
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A shady 14.3M deal? Mandarin condo buyer sues over sun block [Boston] Real estate mogul Pritam Singh agreed to spend $14.3 million, with dreams of basking in a sun-splashed penthouse atop the ultra- luxurious Mandarin Oriental Boston. But Singh contends his hopes were dashed when he discovered the Mandarin Oriental penthouse he had put under …
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A Slam-Dunk in Houston Real Estate Hakeem Olajuwon, the soft-spoken Nigerian émigré who led his team to two N.B.A. championships, has also done extremely well flipping real estate in his adopted hometown. Following an unorthodox yet disciplined strategy, he has managed to make as much in real estate in the last 10 years as he …
Would-be renters lose thousands The slight woman with the sharp tongue and unassuming personality talked a good game. It’s how she was able to convince four separate renters to pony up thousands of dollars each to rent houses she did not own. But in reality, Nancy J. Burgess attempted to rent properties in The Acreage …