Categories: Condos

Vegas Condo Buyers Offered Partial Money Back

Posted by: Chris Palmeri on November 12

Bloomberg is reporting that condo owners of the still underconstruction Cosmopolitan Resort on the Vegas strip have sued the owner, Deutsche Bank, to get their deposit money back. The...

The new brag in Philadelphia: No valet parking!

Posted by: Peter Coy on July 24

In lots of condo buildings, valet parking is considered a mark of luxury. But depending on a valet can be annoying when you're not in the mood for interacting...

NYC's evolution in a single building: Life Savers mints factory-->Gay leather bar-->Planned public relations agency-->Costly condos

Posted by: Peter Coy on May 21

If these walls could talk ... A new high-end condo building on Eleventh Avenue in Manhattan's West Chelsea section has a history that says a lot about the changes...

Tata's Nano Home: Company behind world's cheapest car to sell $7,800 apartments

Posted by: Prashant Gopal on May 07

Tata, the Indian company that made worldwide headlines with its $2,000 Nano car, now plans to build 1,000 tiny apartments outside Mumbai that will sell for $7,800 to $13,400 each....

This Ain't Melrose Place

Posted by: Chris Palmeri on July 22

The Los Angeles Times reported today that Candy Spelling, widow of TV producer Aaron Spelling, paid $47 million for a condo at the Century, a new building being built...

Found: The Biggest Closets in Manhattan

Posted by: Maya Roney on July 27

Just as Manhattanites were beginning to embrace their closet-size apartments, a new development on this island is claiming to have the most expansive closet space ever offered in a residential...

Condoflip.com becomes CondoFLOP.com

Posted by: Dean Foust on May 30

A tip of the cap to reader Dan Maza who updates us that CondoFlip.com -- a web site that was designed to serve as an exchange where buyers of pre-construction...

Trump redux

Posted by: Dean Foust on April 12

Turns out there was more to the “Donald got trumped”-in-a-troubled-Tampa-condo-project than I realized. Just turned up two stories in the St. Petersburg Times newspaper (“Frustrated buyers sue…," and “Buyers can...

About

BusinessWeek editors Chris Palmeri, Prashant Gopal and Peter Coy chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.

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