When real-estate agent Ryan Serhant received an offer last fall for one of his listings, a roughly $25 million Downtown Manhattan apartment, he was pleased but dubious. The buyer, to whom he gave a property tour, seemed nice but didn’t fit the profile of Mr. Serhant’s typical high rollers who […]
Crypto
Getty getty As cryptoassets continue to become increasingly integrated into mainstream financial conversations, financial markets, and are adopted by financial institutions, it is simply a matter of time before more sophisticated financial instruments make their debut. Even while bitcoin and crypto exchange traded funds (ETFs) continue to languish under regulatory […]
Financial services giant JPMorgan Chase said it was cautious on real estate in a note to investors this week and replaced real estate with cryptocurrency as its preferred alternative asset. The move comes as rising interest rates put upward pressure on commercial real estate cap rates and near-term choppiness emerges in investment markets as both […]
The crypto job market shows few signs of slowing down despite high-profile cases of staff layoffs and hiring freezes across big tech companies. In recent weeks, several major tech companies have announced a paring back of staff, citing a downturn in the traditional market and narrowing demand for products that […]
On a recent afternoon, a group of bros worth billions gathered in a Park Avenue penthouse. Precisely, the top, 96th floor of 432 Park Ave. — a sprawling six-bedroom palace in the sky that is on the market for a staggering $169 million — 1,396 feet above street level. It’s […]