Selling Three Languishing Lofts As One $72 Million ‘Vertical Mansion’

Jeff Greene has had a rough go of it at 62 Wooster Street. The developer and failed Senate candidate bought the Soho cast-iron building in 2011 for just over $26 million. The plan was to convert the property... More »

Millennials Are Set To Inherit Trillions—but for Most, It Will Come Too Late

The cruelest part of the Great Wealth Transfer may be its timing. An estimated $124 trillion will pass between generations through 2048. But by then, even the youngest millennials—one of the generations expected to inherit the most—will be 52. The oldest will be 67. That may be early enough to cushi

Retired Emergency Room Doctor Lists 2 L.A. Megamansions for the Staggering Total Price of $168 Million

Retired emergency-room-doctor-turned-developer Joseph Englanoff is once again trying to part ways with two of his over-the-top Los Angeles-area estates, bringing both opulent dwellings back to the market for the eye-watering total price of $167.95 million. The first of the two properties—a nine-bedr

Opinion: Compass has made the MLS its proxy

When an industry’s incumbents can’t win on merit, they stop competing and start restricting. The MLS feed cutoffs to Zillow are the latest version of this pattern. Taxi commissions tried to slow Uber in 2014. They didn’t fight on product. They couldn’t. Uber was easier, cheaper and the cars were cle