A private island of about 25 acres is now up for sale in Georgetown, Maine for $3.85 million, providing an opportunity to purchase a rare luxury real estate product that usually doesn’t come around even in such a state famous for its scenic coastline and impressive waterfront properties.1 This island called Long Island comes complete with a luxurious house dating back to 1862 with a floor area of about...
The decision made by the federal government to terminate the funding of LAHSA goes beyond being another political statement and is actually the logical conclusion of a failed system since its inception. Being a witness of how homelessness programs within the public sector have been managed, the situation is long overdue, not to mention the learning lessons that can be extracted.The Secretary of Housing and...
Quick answer: Indeed, basketball flourishes in cities because it demands little room—a few yards of concrete pavement, a hoop, and enough skill to compete. But now, basketball players in the streets of New York and San Antonio are finding themselves displaced from their own courts as gentrification threatens their access to the public playing spaces where generations honed their skills.The New York...
It appears that the US real estate sector provided some much-needed hope in the form of rising sales of existing homes in May, indicating that buyers have begun coming back despite high-interest rates and affordability challenges.There were 4.17 million sales on an annual basis, the highest level since late 2025 and also ahead of analysts' expectations. This rise indicates that a certain portion of buyers...
There's a new proposal before the U.S. House that gives older homeowners an incentive to sell. Introduced by Rep. Nicole Malliotakis of New York, the Nest Egg Protection Act would raise the capital gains exclusion for Americans aged 65 and over temporarily. For the next four years—from 2027 to 2030—homeowners who qualify may exclude up to $1 million in profits from taxation for property owned for at...
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