13 July, 2017 by The TZ Newswire Staff Comments Off on Westchester & Fairfield Cheat Sheet: RXR Realty exits local office markets, Westchester home prices go up in Q2 … & more
Westchester & Fairfield Cheat Sheet: RXR Realty exits local office markets, Westchester home prices go up in Q2 … & more
RXR Realty sells off its Westchester and Fairfield office portfolio Scott Rechler’s RXR Realty appears to be exiting the office markets in Westchester and Fairfield counties. Along with its affiliate, the Australian real estate investment trust RNY Property Trust, RXR has sold or is in contract to sell off six office properties in the two counties. Two of Westchester’s oldest real estate firms, Robert Martin Company and GHP Office Realty, are buying two office buildings […]
13 July, 2017 by The TZ Newswire Staff Comments Off on Why E-Commerce Could Be Instagram’s Biggest Hidden Opportunity
Why E-Commerce Could Be Instagram’s Biggest Hidden Opportunity
Nike Inc (NYSE: NKE) made waves last month when it said it would begin selling on Amazon.com (NASDAQ: AMZN) for the first time ever, but the sportswear giant made another announcement that may be more telling about the future of e-commerce. As the Swoosh aims to branch out its online relationships, it also said it would make some products available on Instagram, the popular Facebook (NASDAQ: FB)-owned photo-sharing app.
13 July, 2017 by The TZ Newswire Staff Comments Off on New condo plans have an expected sellout of $6.4B
New condo plans have an expected sellout of $6.4B
Not since 2015 have projected condominium sellouts reached such heights. The record $4 billion valuation of Extell Development’s Central Park Tower brought the total targeted sellout for condo filings accepted by the New York state Attorney General’s office in the second quarter of the year to $6.4 billion. The total has only been exceeded twice, in the second and fourth quarters of 2015, at $6.8 billion and $8.6 billion respectively, according to a TRData analysis […]
13 July, 2017 by The TZ Newswire Staff Comments Off on As the Model 3 Launch Nears, Tesla, Inc. Plans Massive Service Expansion
As the Model 3 Launch Nears, Tesla, Inc. Plans Massive Service Expansion
With Tesla‘s (NASDAQ: TSLA) first deliveries of its lower-cost Model 3 just a few weeks out, the electric-car maker’s business is about to go through a major change.
13 July, 2017 by The TZ Newswire Staff Comments Off on Realogy subsidiary buys NY-based title insurance firm
Realogy subsidiary buys NY-based title insurance firm
Realogy Group — the parent company of Corcoran Group and Citi Habitats — is taking a bigger bite out of the title insurance business. The firm’s Title Resource Group subsidiary, has acquired Syosset-based EAM Land Services, in order to boost its title services in commercial real estate, the company said. Financial terms of the deal were not disclosed. In a statement, Realogy said EAM would merge with TRG’s existing title operation, called Skyline Title. The […]
13 July, 2017 by The TZ Newswire Staff Comments Off on This Brazil ETF Can Give You Exposure to an Exciting Stock Market
This Brazil ETF Can Give You Exposure to an Exciting Stock Market
Brazil is an emerging economy whose stock market offers lots of potential for investors with long time horizons. Instead of investing through individual stocks, the iShares MSCI Brazil Capped ETF (NYSEMKT: EWZ) index fund can be a smart investment in the performance of the overall Brazilian economy, without too much exposure to any one stock.
13 July, 2017 by The TZ Newswire Staff Comments Off on Chinese buyers unfazed by restrictions aimed at taming housing market
Chinese buyers unfazed by restrictions aimed at taming housing market
“It’s the crazy thing about people. The more you say no, the more they want in on something.” When Christian Bale’s character in “American Hustle” said this he wasn’t talking about China’s housing market — but he could’ve been. As the Chinese government tries to tame a frenzy of home purchases — through a series of policies, such as by raising mortgage rates, limiting apartment ownership and upping down payments required on second homes — […]