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Oceanwide Plaza, LA's unfinished high-rise graffiti mecca, faces impending sale

Archinect

The Chinese owners of the stalled residential, hotel and retail complex towering over Crypto.com Arena have hired real estate brokers to sell the property to buyers who could restart the project after work stopped in 2019. Taggers recently covered its outer walls with graffiti visible from far away.

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Work begins for Downtown Los Angeles' first new high-rise since the start of the pandemic

Archinect

Onni Group, the Canadian real estate development firm which has emerged as one of the most prolific builders in Downtown Los Angeles, has broken ground on the neighborhood's first high-rise building since the onset of the global pandemic.

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Penn Station redevelopment takes another step forward following financing approval

Archinect

Kathy Hochul’s loftiest projects, which is estimated to cost a total of $22 billion. Additionally, a part of the financing plan includes charging the developers of the 10 skyscrapers planned for the site a fee instead of collecting city real estate taxes.

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Empire State Development approves massive Penn Station redevelopment proposal

Archinect

The Penn Station Redevelopment Plan is set to be one of the largest real estate projects in U.S. This is estimated to cost $7 billion, with the cost of the rest of the redevelopment adding an additional $13 billion to the bill. The project’s approval allows an application to be made for federal funding.

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China is estimated to have nearly 25% of the entire US building stock under construction right now

Brandon Donnelly

Back in 2020, Brian Potter came up with estimates for the entire US building stock. On a square footage basis, single-family homes are estimated to represent about 200 billion square feet. And in total, Brian estimated the entire US building stock to be around 340 billion square feet (again as of 2020). billion people.

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Best Place for Real Estate Investing in Canada

Architecture Ideas

The price increase in real estate investing in Canada market in the past two years can be described as staggering. Canadian Real Estate Association (CREA) shows that the average home price increased from $504,350 to $795,952 between January 2020 and March 2022. Popular Canadian Cities for Real Estate Investing in 2022.

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That TV Mansion You’re Coveting? How Series Like "Loot" and "Bridgerton" Film at Luxe Real Estate

Dwell

It’s real estate absurdity at its most opulent, which is why Dehghan says the property felt perfect for Loot. The show ended up shooting at The One , a Paul McClean–designed Bel Air property that, at about 105,000 square feet, holds the distinction of being the largest home in the United States.