Maryland real estate agent faces arson charges

A Maryland real estate agent has been arrested and charged with arson after allegedly burning down his home on Thanksgiving Day in 2022. Fred “Trey” Rider III was charged with first- and second-degree arson, first-degree malicious burning and two counts of threatening arson after it took firefighters more than half an hour to put out the blaze, The Star Democrat reported. Firefighters had to use a tanker task force to battle the flames. The fire

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Phoenix-area short-term rental prices surge for Super Bowl weekend

The state of Arizona is hosting its fourth-ever Super Bowl this weekend, and thousands of football fans are descending upon Phoenix for the festivities. All those fans need a place to stay, and the Phoenix area’s short-term rental market is responding in kind — with eye-popping price surges, the Wall Street Journal reported. Fans of the Philadelphia Eagles and Kansas City Chiefs, most of whom already paid north of $9,000 just for a ticket to

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Former MLB star Pablo Sandoval buys two luxe Miami condos

Pandas are native to China, but one recently made a big splash in Miami real estate.  Former Major Leaguer Pablo Sandoval, who, during his playing days, was affectionately nicknamed “Kung Fu Panda,” bought two Lofty Brickell luxury condominiums for $2 million, according to a release. Newgard Development Group is the developer of the waterfront high-rise at 1101 South Miami Avenue. Jeffrey Abreu and Dali Hernandez of Cervera Real Estate represented Newgard, while Karyna Texeira of

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Century-old Little Italy cheese shop closing after falling behind on rent

Alleva Dairy served up hunks of fresh mozzarella at the corner of Grand and Mulberry streets through the Great Depression, the city’s bleakest years of the late 1970s and the aftermath of 9/11. But it could not survive Covid. The shop at 188 Grand Street in Little Italy, which claims to be America’s oldest cheese purveyor, is closing for good at the beginning of March after falling behind on its $23,800-a-month rent, the New York

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Exclusionary zoning roiling Syracuse, Onondaga County

A new report puts zoning restrictions at the forefront of housing issues in Onondaga County, home to cities such as Syracuse. CNY Fair Housing published a report digging into the zoning laws across 34 municipalities in the county, Syracuse.com reported. The nonprofit’s report discovered a persistent problem of “exclusionary zoning” spread across the county, blocking development options beyond single-family housing and reinforcing racial segregation. Housing affordability is already a big issue in the country. Roughly

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Hines finally pulling out of Russia

A year after Russia’s invasion of Ukraine, real estate investment giant Hines is readying its exit from Vladimir Putin’s country. In recent months, the Houston-based investment firm has sold assets in Russia and started dismantling its business there, Bisnow reported. Hines began considering pulling out of the country a year ago, but didn’t publicly indicate it was doing so. Various sanctions on Russia and its political and business leaders have made it harder for foreign

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Washington Commanders owner Dan Snyder lists Potomac home for $49M

This is one turnover Dan Snyder is hoping for. Snyder, the owner of the Washington Commanders publicly listed the 15-acre River House property in Potomac, Maryland, for $49 million, the Washington Business Journal reported. The property includes a 30,000-square-foot French chateau-inspired main house that was built in 2004. Snyder, who along with his wife Tanya is considering offers to sell the NFL team amid several scandals, bought most of the property at 11900 River Road

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You can own this white castle, with White Castle’s help

Fast food aficionados and Beastie Boys fans rejoice. A diner in the design of a castle — which could have been modeled after an actual White Castle restaurant  — can be yours for free, provided you’re willing to move the building from its current location in Douglass, Kansas, NBC Chicago reported. The kicker: White Castle may be willing to pitch in, under certain conditions. The pre-fab building was constructed by Wichita-based Ablah Hotel Supply in

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Couple banishes hellish roommate, a real estate agent

An elderly couple finally ridded themselves of a terrifying roommate after a court agreement was reached. Eugene and Nina Sarver reclaimed their apartment at 241 West 97th Street from the grips of Lawrence Lee, the New York Post reported. Lee, a real estate agent, had allegedly been using legal loopholes to avoid paying rent at the Upper West Side pad for a month and a half. “I’m so happy he’s out! He is a criminal

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Citing typo, buyer aims to cancel $14M Hamptons deal

Maybe one day this fight over a Hamptons home will appear as a Snapple fact. Robert Eide, CEO of Aegis Capital and a board member of Nathan’s Famous hot dogs, sued Peter Marsh, heir to the Snapple beverage throne and a real estate executive at Jemcap, Crain’s reported. The lawsuit was filed Wednesday. The dispute centers around a home sale in Sagaponack. Eide signed a contract in September to purchase the Parsonage Lane home from

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