Paulina Cachero
@paulinacachero.bsky.social
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Writing about NY Residential for Bloomberg News | views are my own | 📧
[email protected]
NYC’s newest billionaire status symbol: a double-wide townhouse. Ultra-wealthy buyers are combining 2–3 historic townhomes into mega-mansions designed to feel like suburban estates — in the middle of the Manhattan. Here's the latest with
@sooophie.bsky.social
www.bloomberg.com/graphics/202...
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about 3 hours ago
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reposted by
Paulina Cachero
◥◤*Sigh* Twombly
about 5 hours ago
“A double-wide is like a Picasso or that Gustav Klimt that sold for $236 million. A suburban house in Manhattan, in the West Village? There’s not that many.”
@paulinacachero.bsky.social
@sooophie.bsky.social
@mariepastora.bsky.social
@agordon.me
www.bloomberg.com/graphics/202...
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New York City’s worsening rent crisis – long the bane of the city’s working class – is now ensnaring an unlikely demographic: six-figure earners. 🏙️ Read my latest for @business with my brilliant colleagues
www.bloomberg.com/graphics/202...
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Even New York City’s Wealthy Renters Can’t Avoid The Housing Crisis
In a city where roughly two out of three residents lease their homes, record-high rents have long bogged down the working class. But these days, more higher earners are feeling the squeeze: At least 6...
https://www.bloomberg.com/graphics/2025-nyc-wealthy-renters-housing-crisis/?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc1NzY4NjY2OCwiZXhwIjoxNzU4MjkxNDY4LCJhcnRpY2xlSWQiOiJUMkgxNkpHUFFRNkEwMCIsImJjb25uZWN0SWQiOiJFMzQwMTk5ODVENkE0NDFEQkU5MDNFQzIwOEM2M0Y2RCJ9.z2k00V_VZhdNHNmgZsHUnka06-fMWCSGORfGyLVn88M
6 months ago
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reposted by
Paulina Cachero
Bloomberg News
10 months ago
An elite US college education is a stretch even for parents making $300,000. See how much you could pay — or save — at the top schools.
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Top Colleges Are Too Costly Even for Parents Making $300,000
Many families have incomes that are too high to qualify for meaningful aid but too low to afford to pay out of pocket.
https://bloom.bg/4jS5QQu
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Rates for 30-year loans have crossed 7%, a key level that may keep the housing market in the doldrums for some time to come.
www.bloomberg.com/news/article...
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US Mortgage Rates Pushing Past 7% Signal Tough Road Ahead
US homebuyers contending with the highest borrowing costs in eight months are seeing mortgage rates rise past a psychological barrier that risks complicating purchase decisions even more.
https://www.bloomberg.com/news/articles/2025-01-15/us-mortgage-rates-pushing-past-7-signal-tough-road-ahead?srnd=undefined
about 1 year ago
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NEW for
@bloombergnews.bsky.social
: Real estate brokerage Douglas Elliman is facing questions from the Justice Department over Oren and Tal Alexander, the former star agents arrested this month on charges of sex trafficking.
www.bloomberg.com/news/article...
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Douglas Elliman Pressed for Details on Alexander Brothers by DOJ
Real estate brokerage Douglas Elliman Inc. is facing questions from the Justice Department over Oren and Tal Alexander, the former star agents arrested this month on charges of sex trafficking.
https://www.bloomberg.com/news/articles/2024-12-16/douglas-elliman-pressed-for-details-on-alexander-brothers-by-doj?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTczNDM3NjAyNCwiZXhwIjoxNzM0OTgwODI0LCJhcnRpY2xlSWQiOiJTT0xFTkxUMVVNMFcwMCIsImJjb25uZWN0SWQiOiJFMzQwMTk5ODVENkE0NDFEQkU5MDNFQzIwOEM2M0Y2RCJ9.FxGiq43PmtZv_TMY3zPmos_-2zPPl2gdpMKTp6PDEh4
about 1 year ago
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