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Penthouses asking $45 million and $39 million topped Manhattan luxury contracts during the week ending Nov. 17, according to Olshan Realty’s weekly luxury report. A total of 37 contracts were signed on properties priced $4 million and up. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. A penthouse owned by a Russian billionaire and a new development condo in…

Dollar stores are facing challenges in the modern U.S. economy.Dollar stores companies were some best performing stocks in the S&P 500 during the Great Recession, said Piper Sandler managing director Peter Keith. But over the past couple of years, dollar stores have not seen the same success.Shares of Dollar Tree — which owns its namesake brand and Family Dollar — and Dollar General have both fallen roughly 50% this year.The companies are dealing with a complex mix of both economic and self-inflicted problems. Lower income Americans, who comprise about 60% of Dollar General sales, are under more pressure to stretch their dollars…

The European Union and US President Joe Biden are taking unprecedented steps to bolster Ukrainian and European defences following Donald Trump’s November 5 presidential election victory and North Korea’s involvement in the Ukraine war with troops. Trump has expressed scepticism about supplying military aid to Ukraine and keeping the United States engaged in NATO. North Korea has sent 11,000 troops to fight in Russia’s Kursk region, where Ukraine has staged a counter-invasion since August. The EU will be informing member states they may divert up to 372 billion euros ($392bn) in Brussels subsidies to military purposes, the Financial Times reported…

Michael and Ashley Darby in 2019. Brian Stukes/Getty Images The Real Housewives of Potomac star Ashley Darby has filed for divorce from her estranged husband, Michael Darby. Ashley, 36, filed to end her marriage to Darby, 65, on Wednesday, November 20, according to Page Six, citing court documents. Meanwhile, TMZ quoted Michael, an Australian businessman, as saying that the duo reached “an amicable and fair settlement” through their prenup. They have reportedly decided to share custody of their sons Dean, 5, and Dylan, 3.  Ashley and Mark’s official uncoupling has been a long time coming. In April 2022, she confirmed…

Industries like retail, banking, transportation and food service have undergone massive digital transformation in recent years by leveraging new technologies to enhance consumer experience. As a result, today’s consumers now expect the same seamless digital experiences in all areas of their lives, including rental management. Gen Z renters in particular expect digital-first experiences, and have emerged as a powerful consumer base within the rental market. Meanwhile, there’s been a surge in the construction of new units: nearly one million new apartment units are projected to be available by 2025, according to a market analysis using data from the U.S. Census…

Major automakers around the world have announced layoffs and factory closures in recent weeks.Companies affected include Ford, GM, Stellantis, and Volkswagen Group.This is due to unprofitable EV investments, Chinese market losses, and more domestic competition.Major automakers around the world have announced multiple rounds of layoffs and factory closures in recent weeks as they struggle to turn a profit on EVs and face a potential onslaught of cheaper competition. Ford, General Motors, and Stellantis plan to slash thousands from their workforce in the coming months. Volkswagen has announced plans to shutter three of its factories in Germany, which could come with…

A row has broken out at COP29 climate talks as leading countries said a draft deal risked going back on a historic agreement to reduce the use of planet-warming fossil fuels.”Standing still is retreat and the world will rightly judge us very harshly if this is the outcome,” said UK energy minister Ed Milband.The UK, European Union, New Zealand and Ireland said the proposed agreement was “unacceptable”.Developing nations said they are unhappy that a pot of money has not been agreed to help them tackle climate change.Nearly 200 countries are meeting in Baku, Azerbaijan to try to decide on the…

Netflix’s new holiday rom-com, “Hot Frosty,” is sure to melt icy relations in the bedroom for some couples this winter … this according to a renowned sex therapist. Dr. Laura Berman, who is best known for her show on the Oprah Winfrey Network, tells TMZ … the seasonal flick will likely help guys get laid during the winter months — which is a notorious time for dry spells. Play video content TMZ.com According to the doctor, studies show people’s sex drives decrease in the winter months, especially around the holidays … likely due to the stress and lack of alone…

Increasingly violent hurricane seasons and surging home insurance costs have tanked Florida’s housing market, according to a Redfin market report published on Tuesday. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. Increasingly violent hurricane seasons and surging home insurance costs have tanked Florida’s housing market, according to a Redfin market report published on Tuesday. Florida led the way in…

Bitcoin breached the $98,000 level for the first time Thursday as investors continued pricing in a second Donald Trump presidency.The price of the flagship cryptocurrency was last higher by more than 4% at $98,187.00, according to Coin Metrics. Earlier, it rose as high as $98,367.00.Shares of Coinbase advanced 3% in premarket trading while MicroStrategy, a bitcoin proxy, jumped 11%. Mining stocks rose as well, with Mara Holdings up 9%.Stock Chart IconStock chart iconBitcoin continues its march toward $100,000Bitcoin has been regularly hitting fresh records this month on hopes that Trump will usher in a golden age of crypto, which would…