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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: luxury condo

luxury condo stories: 6 news summaries

 Looking to 
 Buy a Condo? 
 Act Now 

What's bad for luxury developers is good for buyers

Aug 1, 09 6:21 PM CDT
(Newser) - Standing tall in some of the most moneyed neighborhoods in America, condos once symbolized a seemingly bottomless housing boom. Now that the housing market has cratered, the luxury real estate sector is providing would-be buyers with the biggest opportunities, Forbes says. Lake Tahoe, Calif., Key Biscayne, Fl., and New York’... More »

MORE ABOUT:
real estate • condominium • real estate values • luxury condo

(Newser) - As foreclosure sales begin to lure buyers back to the housing market in some parts of the country, realtors in New York are finding the market crisis has come home to roost, Reuters reports. Things are bad and could soon be much worse. Condo sales in Manhattan have plummeted 71%... More »

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New York City • Manhattan • housing market • home sales • housing crisis • luxury condo • Hamptons

NYC's Luxury Apartment Bubble Bursts

There's now a glut
of pricey listings
on the market

Oct 8, 08 8:15 PM CDT
(Newser) - New York’s top real estate agents subscribed to an 8-word mantra last year, the New York Observer notes: So many eager buyers, so few trophy properties. But 2008 has brought a dose of cold reality. More than 168 luxury apartments and townhouses are on the market, dozens more than... More »

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New York real estate • housing market • luxury condo

 LA Gets the Luxury Condo Bug

City's vertical trend extends to rich

Aug 21, 08 9:38 AM CDT
(Newser) - LA’s multi-millionaires are downsizing. While the wealth and fame in the City of Angels has traditionally expressed itself in estates, preferably gated, now a steady stream of the very-well-heeled are trading in their mansions for high-rise luxury condos, the New York Times reports. “People are ready to... More »

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real estate • Los Angeles • condominium • luxury condo

Trump Sues Over Israeli
Condo Deal

Says builders made $36M on his name —without building

May 16, 08 9:19 AM CDT
(Newser) - Nobody makes a sucker out of Donald Trump…at least not without getting sued. Trump is taking an Israeli condo developer to court, saying the company profited off his name without giving him a cut. The developers made a deal to build a 70-story Trump Plaza residential and commercial tower... More »

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Israel • Donald Trump • lawsuit • luxury condo

 Fla. Crane Crash 
 Kills 2, Injures 4 

Cause of accident still unknown

Mar 25, 08 4:32 PM CDT
(Newser) - Part of a construction crane crashed into a building next to a Miami construction site this afternoon, killing two and injuring at least four, the Miami Herald reports. Workers on an unfinished 46-story luxury condo were raising an extension to connect it with the crane when the extension came loose... More »

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Florida • Miami • rescue dogs • accidental death • crane accident • construction crane • luxury condo

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