
Paulina Cachero
Personal Finance Reporter at Bloomberg News
🇵🇭 Writing about NY Residential for @business @wealth | views are my own | 📧 [email protected]
Articles
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1 week ago |
crainsnewyork.com | Paulina Cachero
“It’s hard to be self-made and buy property without generational wealth,” said Peter Zaitzeff, a Serhant agent who recently helped a client buy a $4 million apartment on Central Park West for his son using a trust. “You need to make or have a lot of money to be here.”In 2024 the median sales price in Manhattan was a soaring $1.1 million and all-cash sales made up more than 60% of purchases, according to appraiser Miller Samuel Inc.
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1 week ago |
bloomberg.com | Paulina Cachero
Apartment buildings in the West Village neighborhood of New York. (Bloomberg) -- In New York, real estate is increasingly something you inherit — not buy. The share of Manhattan home sales involving a trust — a preferred tool for passing on wealth — surged to 28% last year in a sharp rise from 17% three years ago, data from real estate analytics firm Attom show.
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1 week ago |
news.bloomberglaw.com | Paulina Cachero
In New York, real estate is increasingly something you inherit — not buy. The share of Manhattan home sales involving a trust — a preferred tool for passing on wealth — surged to 28% last year in a sharp rise from 17% three years ago, data from real estate analytics firm Attom show. Behind the trend is a combination of factors — including sky-high prices, shifting tax and transparency laws, and the first waves of a $100 trillion wealth transfer.
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1 week ago |
fa-mag.com | Paulina Cachero
In New York, real estate is increasingly something you inherit — not buy. The share of Manhattan home sales involving a trust — a preferred tool for passing on wealth — surged to 28% last year in a sharp rise from 17% three years ago, data from real estate analytics firm Attom show. Behind the trend is a combination of factors — including sky-high prices, shifting tax and transparency laws, and the first waves of a $100 trillion wealth transfer.
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2 weeks ago |
ba.bloombergadria.com | Claire Ballentine |Suzanne Woolley |Paulina Cachero
Potrošačima i investitorima se zbog trgovinskog rata savjetuje da razmotre diverzifikaciju investicionog portfelja, ulože u međunarodne akcije i obveznice, kao i da izbjegavaju panično donošenje odluka. Vrijeme je i da se još jednom razmisli o planiranju penzije, pošto je ovo dobar trenutak za Roth konverziju - prebacivanje imovine sa tradicionalne IRA na Roth IRA, pošto je vrijednost imovine u padu, pa će i porez biti niži.
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RT @KatiaPorzo: Incredibly proud of our @NYNewswomen winners, @KatrinaManson @avabmorrison @PaulinaCachero @franmagliones, and the incredib…

SCOOP with @jeneps and @isabella_farr: Douglas Elliman is weighing a plan to remove Stephen Kotler, CEO of brokerage for the western region, from the firm’s leadership ranks https://t.co/b4dmAvP4AJ

US homebuyers contending with the highest borrowing costs in eight months are seeing mortgage rates rise past a psychological barrier that risks complicating purchase decisions even more https://t.co/4jwgB9lGPP