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Blackstone nears major deal for NYC office tower in latest sign of post-COVID real estate comeback

Blackstone, the world’s largest alternative asset management firm, is all-in on Manhattan’s turnaround after the COVID pandemic crippled the commercial real estate market. The firm’s effort to buy 1345 Sixth Ave. from Fisher Brothers was widely hailed this week as a stroke of faith in the Manhattan office market — but it wasn’t the first mega-deal by the financial giant. Last summer, Stephen A. Schwarzman-led Blackstone also signed the largest…

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Real estate agent convicted of money laundering in landmark case tied to Russian oligarchs’ luxe Miami condos

A Miami real estate broker was convicted on money laundering charges for helping two sanctioned Russian oligarchs rent and sell luxury properties in Florida – the first time a US realtor has been held responsible under federal laws. Roman Sinyavsky pleaded guilty earlier this month to conducting real estate transactions involving blocked properties owned by Vladimir Putin puppets Viktor Perevalov and Valeri Abramov. The two oligarchs were first…

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New Data You Should Pay Attention to on Real Estate Sites—Even if You Aren’t Moving

We may earn revenue from the products available on this page and participate in affiliate programs. Learn More › Real estate and climate change now go hand-in-hand. As temperatures and sea levels continue to rise, many homes face some risk of natural disasters. In 2024 alone, almost 45 percent of homes in the United States confronted at least one t…