Manhattan defies U.S. housing nightmare, sets record
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The U.S. housing market may be a seller's nightmare but Manhattan's was a dream in the fourth quarter as foreign buyers pushed up demand while supply stayed tight, sending the average sales price to a record high.
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Wall Street's summer playground may soon have a place in the real estate record books.
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Property in Manhattan continues to escalate in price, and that includes parking spaces.
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Real estate in New York City has a way of looming large in matters of the heart.
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The number of Americans who may lose their homes to foreclosure reached a record in the second quarter as late payments by subprime borrowers surged to one of every seven loans.
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Homebuilders strode upstairs Tuesday after Toll Brothers (TOL:NYSE - news - research) reported record fourth-quarter sales, citing strong demand from affluent buyers.
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The price of New York oil hit a fresh record high of 80.20 dollars a barrel Thursday on trader worries that stormy weather could hamper energy production in the US Gulf of Mexico.
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Ronald O. Perelmanâs neo-Georgian town house on East 63rd Street holds the distinction of being the highest-taxed single-family home in New York City.
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A jump in starts on single-family  housing pushed total U.S. housing starts to a nearly 21-year  high in January, but other data released on Wednesday were not  as robust.
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The upscale retailer widely beats estimates and raises the bar for its future.
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US sales of previously owned homes rose 2.7 percent to a record in November, making 2004 the best year ever for housing. Existing homes sold at a 6.94 million annual rate, up from a 6.76 million pace in October
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NEW YORK Stocks moved sharply higher Friday after US economic data showed strength in manufacturing and construction and shrugged off a softening in consumer sentiment.
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The Manhattan office market in August was its strongest since before the September 11, 2001 attacks, despite the upheaval in the credit markets, according to a report by real estate services company Colliers ABR.
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U.S. housing starts unexpectedly  rose 4.7 percent last month to a nearly 21-year high as  single-family housing starts shot up to a record, a Commerce  Department report showed on Wednesday.
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From the windows that usually provide sweeping views of Manhattan in his 27th floor condominium, Gene Weisberger saw flaming debris &#151; and on the street below, a crowd gaping upward.
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NEW YORK -- Wall Street powered higher Thursday after the government's new homes data in April soared to its biggest increase in 14 years, allaying investor concerns that the housing market will tip the economy into a recession.
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Sales of new U.S. homes defied  predictions of a slowdown in April and rose 4.9 percent while  prices climbed, although the supply of homes for sale hit a  record, a government report showed on Wednesday.