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  Latest Property News
It's Hardly a Ball for 11 Times Square
The risks of speculative office building are obvious at the 11 Times Square skyscraper. More than a year after it opened, the 1.1 million square-foot building is about 60% empty and unleased.
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Foreclosure Deal Is Closer
Federal and state officials aim to wrap up this week a multibillion-dollar agreement with five major banks to settle probes of alleged foreclosure abuses.
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Less Building Now, Higher Office Rents Later
Office-building construction is in the midst of a severe drought. This means higher rents may be on the horizon in some cities, if history is any guide.
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A Modest Home for Palm Beach
This 2,286-square-foot house, built around 1925, has no garage but does boast original details like pecky cypress ceilings, handblown stained-glass panes in the powder-room door and Cuban tile floors.
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The House a Storm Built
When violent winds knocked down trees and damaged their home, a Minnesota couple seized the opportunity to start over.
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Anna Kournikova Sells in Miami
Anna Kournikova sells in Miami, Nobu Matsuhisa Buys in Los Angeles and a Kauai beachfront home asks $24 million.
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Romney's Stance Hits Home
Romney stands by his position that the government should stay out of the national housing mess and let the market "hit the bottom." But in hard-hit North Las Vegas, Nev., the implications are clear.
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Ally Financial Swings to Loss
Ally Financial, the U.S. government-owned auto lender, swung to a $250 million net loss in the fourth quarter after taking a charge for regulatory penalties stemming from foreclosure matters.
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Mortgage Plan Draws GOP Opposition
Obama is betting his latest proposal to aid the housing market will fare better than earlier efforts, despite congressional opposition.
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When the Home Bank Closes
The housing bust means many small businesses can no longer use home-equity loans for funding.
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China's Housing Market Cools
The average housing price in 100 major Chinese cities fell for a fifth consecutive month in January.
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Home Prices Tumble
The beleaguered housing market continued to struggle as U.S. home prices posted declines in November.
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Housing's Firmer Foundation
Right now, the connection between what the S&P/Case-Shiller index says and what is actually going on with housing may be lukewarm at best.
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Australia House Prices Down
Australian monthly house prices declined once again in December, adding to concerns among banks and property firms that a deterioration in prices across the country will resume this year.
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Tiny Homes Carve a Niche
It may be one of the most intriguing trends in homebuilding: do-it-yourself tiny homes. Amid a growing interest in eco-friendly lifestyles comes a spate of picture books capturing the joys of shoe box living.
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St. Joe Pares Back Florida Vision
St. Joe signaled that it is again scaling back its development plans in Florida, an indication that efforts to turn the state's Northern Gulf Coast into a cluster of luxury second-home communities have been a flop.
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A Contractor Spills His Secrets
A builder of luxury homes reveals how he created his weekend retreat on a budget.
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Tim Headington Asks $25 Million in South Beach
Tim Headington asks $25 million in South Beach, Phil Mickelson relists in Rancho Santa Fe, Calif., and Mats Wilander puts his Idaho estate up for sale.
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A Waterfront Home in Rhode Island
A Jamestown, R.I., home of about 6,500 square feet, with six bedrooms, seven bathrooms and two half-bathrooms, is asking $5.8 million.
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Hope Is Rising for Mortgage Accord
New York Attorney General Eric Schneiderman said he is confident his main concern with a pending settlement of alleged bank- foreclosure abuses would be resolved, but he didn't commit to participating in an agreement.
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D.R. Horton Swings to Profit
D.R. Horton swung to the black in its fiscal first quarter on a double-digit jump in home-building revenue and showed optimism for the spring selling season.
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Fight Awaits New Mortgage-Fraud Unit
The Justice Department's plan to create a mortgage-crime unit with state authorities is likely to face the same difficulties earlier task forces hit in bringing charges against bank executives.
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Club Med Looks West For Fresh Powder
To cap a companywide renovation that started eight years ago, Club Med has chosen an unlikely destination: the ski slopes of North America.
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Deal Gets Closer On Foreclosures
State and federal officials hope to announce early next month a deal with five large banks valued at as much as $25 billion.
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Economists See Ways to Aid Housing Market
What more can be done to help the housing market? Economists have some ideas for hastening a recovery.
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Cambodia's Developers Aim at Stars
A high-rise building boom in Cambodia's capital city, Phnom Penh, derailed by the 2008-2009 financial crisis, is starting up again.
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Pyramid Cos.' Carousel Plan Rides Again
Developer Robert Congel's drive to create one of the largest malls in the country, in Syracuse, N.Y., is back in gear after almost being upended by the economic downturn and a nasty court battle with Citigroup.
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A Steel Site Is Recycled
More than 10 years after the last steelmaking operations were closed down at the Bethlehem Steel Corp. plant in Pennsylvania, its 1,800-acre site is slowly attracting new businesses.
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Calm Oasis in TriBeCa
Owners Laurent and Monica Imbert were drawn to their 2,400-square-foot loft in an old apothecary building because of its interior design and its TriBeCa address.
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Banks' Offices Shrink
Wall Street firms have begun to quietly jettison office space in a sign that repercussions from the recent contraction in the financial-services industry will be felt in the city for several years.
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Colonial in Hong Kong
This apartment evokes the Colonial era and is located in a cul-de-sac in Hong Kong's Mid-Levels neighborhood.
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A Bucktown Beauty
This three-story home in Chicago's Bucktown neighborhood has plenty of oversized windows, a modern curved roof and an updated backyard.
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Harlem Art Transformation
Artist and designer Luis Da Cruz gutted and transformed this four-story Harlem home into a modern artist's abode.
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English Mansion
This nine-bedroom historic house in a conservation village has recently been restored and upgraded by its owners.
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Resort Living in Chiang Mai
This tribal-themed residence in northern Thailand is on a property surrounded by mountains and rice paddies.
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Developments Get Back to the Plan
As more financing and private-equity investments begin to flow into residential real estate, some mothballed development plans are being revitalized.
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Checking Out Continuing Care Communities
Though convenient, continuing care retirement communities are costly. Here's how to cut the risk.
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GSA Picks Trump Plan for Project
A proposal from Trump Hotel Collection and private-equity investor Colony Capital was selected by the General Services Administration to redevelop Washington's Old Post Office Building into a luxury hotel.
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U.A.E. Banks Dip Back Into Real Estate
Banks in the United Arab Emirates are tiptoeing back into real-estate lending.
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