US home foreclosures rise for 12th straight month, with owners of nearly 40K homes affected: report

0 Comments

The number of Americans facing home foreclosures jumped for the 12th month in a row last month, hitting the owners of nearly 40,000 homes and raising concerns about the housing affordability crisis, according to a new report. In February, 38,840 US properties faced foreclosure filings of all kinds, including default notices, scheduled auctions or bank […]


One in three Manhattan condo owners lost money when they sold in the last year

0 Comments

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. More than a third of the condo apartments sold in Manhattan over roughly the past year sold at a loss, although the top end of […]


Employees Only owners opening Italian eatery Ziggy’s Roman in Dumbo

0 Comments

The co-founder of trendy Manhattan cocktail lounge Employees Only is branching out with a new family-friendly restaurant in Brooklyn. Igor Hadzismajlovic, who opened the late-night industry fave in 2004, has chosen his wife, Helen Zhang, and Edo Ademovic to be his partners in the new venture. Ziggy’s Roman Cafe, at 15 Main Street in Dumbo, […]


Lakers owners Buss family sell majority stake at $10 billion valuation

0 Comments

Owner Jeanie Buss of the Los Angeles Lakers and Jay Mohr prior to game one of a first round NBA basketball game between the Los Angeles Lakers and the Minnesota Timberwolves at Crypto.com Arena in Los Angeles on Saturday, April 19, 2025. Keith Birmingham | MediaNews Group | Pasadena Star-News | Getty Images The Buss […]


Owners of luxe steakhouse opening in Trump-owned building used COVID funds for personal expenses: lawsuit

0 Comments

The owners of a luxury Chicago steakhouse who are opening an outpost at a Midtown tower that’s partially owned by Donald Trump allegedly used federal funds meant to pay employees’ salaries during COVID for personal expenses – including $2 million on Learjet, according to a bombshell lawsuit. Maple Hospitality Group, the owners behind Maple & […]


E.V. Owners Don’t Pay Gas Taxes. So, Many States Are Charging Them Fees.

0 Comments

Owners of electric cars in Vermont recently got a letter from the Department of Motor Vehicles with some bad news. Starting Jan. 1 they would have to pay $178 a year to register their cars, twice as much as owners of vehicles with internal combustion engines. In imposing the higher fee, Vermont became the latest […]