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Reykjavik Is Being Swamped by Empty Luxury Flats

The price of new apartments -- which tend to fit the luxury category -- rose 17 percent between Oct. 2017 and Oct. 2018, compared with a general rise in property prices ... was corrected to fix the nu... read more

Las Vegas officials say El Cid Hotel must be demolished

CBS’s Weijia Jiang ... A growing number of people consider Valentine’s Day over-commercialized. Others weren’t interested in the holiday or had nobody to celebrate with. But spending is expected to ri... read more

John Shearer: Examining Some Of The New Southside/Westside Housing

Due to the number of the new downtown area residential projects, media members have kept as busy as the building’s general contractors ... Two Red Bank apartment complexes have sold for over $11.6 mil... read more

City of Industry construction firm fined nearly $12 million for wage theft

The company hired crews to provide framing, drywall and other trade work for hotels, apartments ... had to deliver checks to workers while telling them they couldn’t cash them because of insufficient ... read more

9 Astonishing Numbers On The Bay Area Housing Crisis In 2018

(CBS SF) — With home prices and rents continuing to rise, affording a place to live continued to be ... $1.23 million: That is what a teardown in Fremont sold for in March. Despite a listing that read ... read more

Las Vegas developer turned Hollywood mogul had his share of highs, lows

His rise ... sold Lorimar, which was producing about $700 million in revenues, because he had become skeptical after investing in or producing movies such as “Who is Killing the Great Chefs of Europe? ... read more

Lake Nona's Medical City opens new stage of development with town center

While the gleaming medical centers have risen at ... in Orange County, had fewer than half that number. New apartments have emerged as well. Developers last year completed the $40 million Watermark ap... read more

Why Run a Slum If You Can Make More Money Housing the Homeless?

So, in 2005, the owners sold it for $3.1 million to Jay and Stuart Podolsky, brothers with an unsentimental eye for the potential of seedy properties. The Podolskys had ... risen sharply, even as inco... read more

4 REITs to Play the Divisive Amazon HQ2 Decision

He had ... contractors moved, as well as Federal Government agencies including the U.S. Patent Office shifted to other areas around and beyond the Capital Beltway. And its collection of Class B and Cl... read more

This is what TV news looks like when Sinclair owns and manages local stations

The media overlap in Johnstown — where all three stations are either owned or managed by the Baltimore-based Sinclair Broadcast Group — is part of a trend that has spread across the country, as a smal... read more

24 creepy but beautiful abandoned places in Oklahoma

Abandoned Oklahoma points out the uniqueness of the church: It was built by the Faudree Brothers, whom were notable contractors in the early 1900s ... its first patients in 1913 and by 1954 it had ris... read more

Trio wants marijuana removed from pre-employment drug tests in Nevada

CBS’s Weijia Jiang ... A growing number of people consider Valentine’s Day over-commercialized. Others weren’t interested in the holiday or had nobody to celebrate with. But spending is expected to ri... read more