This New York brokerage was just accused of predatory dual agency practices

A Westchester homebuyer is the lead plaintiff in a class-action lawsuit accusing Houlihan Lawrence of “predatory behavior” over its dual agency practices. The lawsuit claims that the 1,300-agent-strong residential brokerage makes dual agency part of its fundamental business plan and obscures its agents’ roles, the Wall Street Journal reported. Houlihan Lawrence also provides less disclosure[…]

Introducing “opportunity zones,” the little-known, little-regulated program buried in Trump’s tax overhaul

What does a 130-room Marriott hotel have in common with an affordable housing complex? They’re both eligible for federal tax breaks under the new “opportunity zone” program. The program allows investors to defer taxes on capital gains income until 2026 so long as 90 percent of their investment stays in designated low-income communities via properties[…]

Bare bones: Some residents are opting for unfinished homes

Exposed brick and cement has become mainstream, but some designers are pushing even further. Roughly finished concrete walls and pillars, plywood frames, peeling plaster and crumbling bricks are the features of some new cutting-edge apartments, according to Dezeen. Some architects like Gus Wüstemann preserve a handful of the raw surfaces, framing it almost like art[…]