California Dominates 2017 List Of America’s Most Expensive ZIP Codes

The most expensive home for sale in Atherton, Calif., 94027, is a newly constructed, 12,500-square-foot mansion with an asking price of $22.8 million. Looking for something more modest? This Silicon Valley town might not be for you. The least expensive listing there right now has a price tag of $2.789 million. (Update: shortly after publication the price of most expensive listing in Atherton was reduced to $19.98 million, still the highest asking price in the ZIP.)

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How the Ferry Is Changing the Brooklyn-Queens Waterfront

In the 1850s, Walt Whitman took a ferry from Brooklyn to Manhattan and did a remarkable thing — he wrote something nice about his commute.

“Ah, what can ever be more stately and admirable to me than mast-hemm’d Manhattan? River and sunset and scallop-edg’d waves of flood-tide?”

New Yorkers today are generally less enthused about mass transit. But the East River ferry is enjoying a revival thanks to a recent expansion and is luring developers to a long-neglected stretch of the city’s industrial waterfront, from western Queens to south Brooklyn.

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The Great American Single-Family Home Problem

BERKELEY, Calif. — The house at 1310 Haskell Street does not look worthy of a bitter neighborhood war. The roof is rotting, the paint is chipping, and while the lot is long and spacious, the backyard has little beyond overgrown weeds and a garage sprouting moss.

The owner was known for hoarding junk and feeding cats, and when she died three years ago the neighbors assumed that whoever bought the house would be doing a lot of work. But when the buyer turned out to be a developer, and when that developer floated a proposal to raze the building and replace it with a trio of small homes, the neighborhood erupted in protest.

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Commercial land prices in major cities grow faster on tourism boom

Average commercial land prices in Japan rose for the second straight year, helped by hotel construction and other development projects following a surge in foreign tourists, government data showed Tuesday.

The prices as of July 1 rose 0.5 percent from a year before, according to the Ministry of Land, Infrastructure, Transport and Tourism. The result compares with a 0.005 percent increase the previous year, which was the first rise in nine years. Continue reading „Commercial land prices in major cities grow faster on tourism boom“

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