Google closes $2.4 billion Chelsea Market deal to expand New York…

NEW YORK (Reuters) - The $2.4 billion sale of New York’s Chelsea Market to Alphabet Inc’s Google closed on Tuesday in a deal that will expand the company’s presence in the city’s technology corridor along the Hudson River. People stand outside the Chelsea Market in Manhattan in New York City,

China to increase property market regulation to fend off illegal…

BEIJING (Reuters) - China will step up property market regulation and fight off illegal conduct by property firms and intermediaries, housing minister Wang Menghui said on Monday on the sidelines of the annual parliament meeting. Chinese Housing Minister Wang Menghui attends a news conference during the 19th National Congress of

Rihanna buying property in London after secret stay

Rihanna has been keeping a low profile in London while she looks for a home [Getty] Pop princess Rihanna is said to be looking for a new place to call home in the capital of Great Britain. The Wild Thoughts singer has been making several covert trips to the UK over

Most Floridians in Irma’s path don’t have flood insurance

FORT LAUDERDALE, Fla. — As Hurricane Irma bears down on Florida, an Associated Press analysis shows a steep drop in flood insurance across the state, including the areas most endangered by what could be a devastating storm surge. In just five years, the state’s total number of federal flood insurance policies

Owner sets trailer on fire rather than rent out to druggies

CHILLICOTHE, Ohio — Authorities say an Ohio property owner admitted setting his vacant trailer home on fire because he’s tired of renting it to people addicted to drugs. The Chillicothe Gazette reports Ross County sheriff’s deputies arrived at property owned by 41-year-old Robert Violette last week and found him trying to

Feds win control over one of Manhattan’s hottest properties

The federal government has won control of one of Manhattan’s hottest properties: 650 Fifth Ave., where Nike just leased 60,000 square feet for an estimated $700 million. The feds were awarded the 36-story tower, worth an estimated $800 million, following a four-week trial brought by Manhattan federal prosecutors that accused charitable