JPMorgan Makes a $750B Bet on the Housing Market
JPMorgan Chase, America’s largest bank, just made a big bet on housing—a $750B bet to be exact. At a time when most people hope home prices will fall, JPMorgan is […]
Longtime developer Francesco Galesi dies at 95
Francesco Galesi, who became one of the richest players in the real estate industry while building a development empire has died at the age of 95. Galesi died on Friday in Palm Beach, Florida, the Times Union reported. Galesi Group chief executive officer David Buicko, who took charge of the compan
American Dream faces $25M tax fight with Meadowlands towns
The American Dream mall’s tax bill is piling up as Meadowlands municipalities claim the sprawling mall owes them roughly $25 million as its owners fight over when the complex became liable for local payments. A settlement between American Dream, East Rutherford and the New Jersey Sports and Expositi
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