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The Many Places Amazon CEO Jeff Bezos Calls Home

The Amazon chief owns multiple properties, including a more than 300,000-acre Texas ranch. In choosing a site for the company’s second headquarters, known as HQ2, will he seek a spot close to home?


WSJ Real Estate

MANSION The Many Places Amazon CEO Jeff Bezos Calls Home

Blue Origin/Planet Pix/Zuma Press

As the world waits to see where Amazon locates its second headquarters, one clue might lie in the rule of thumb of second-home buying: Pick a location that’s not too far from home. In the case of Amazon chief Jeff Bezos, that’s still a pretty wide field.

Helsinki’s Housing Market Heats Up

Marina Ekroos for The Wall Street Journal

Helsinki may be settling in for another long winter, but there is a new spring in the step of the Finnish capital’s real-estate market. With an economy that had long lagged behind its Nordic neighbors, Finland is now in full recovery mode. This year is on track to have the highest annual number of homes sold at or above 1 million euros in the so-called capital region.

Record-Setting Penthouse Allegedly Linked to 1MDB Scandal Asks $45 Million


Three years ago, a penthouse made headlines when it closed for $50.9 million, setting the record for the priciest apartment ever sold in downtown Manhattan. Now, in the wake of allegations that it was purchased with funds related to a $4.5 billion Malaysian financial scandal, the unit is returning to market for $45 million, according to people with knowledge of the plans.

COMMERCIAL REAL ESTATE Reversing a Trend, Renters Are Becoming Less Stretched

Drew Angerer/Getty Images

After the housing crisis, the share of renters who spent so much on housing that they couldn’t afford food, medical care, clothing or other necessities soared to record levels. Now that trend is reversing. Across the 53 largest metropolitan areas in the U.S., the share of rent-burdened households—those that spend more than 30% of their incomes on rent—fell to 47.7% from 48.9% between 2012 and 2015, according to a new report from New York University’s Furman Center to be released Thursday.

Google Parent Nears Deal to Build Its Vision of a City in Toronto

Richard Lautens/Zuma Press

A subsidiary of Google parent Alphabet Inc. is nearing a deal to develop part of Toronto’s waterfront, the first major foray of the search-engine giant into the creation of high-tech urban space, according to multiple people familiar with the deal. Alphabet’s unit, Sidewalk Labs LLC, would spearhead the so-called digital-city project, to be located along a 12-acre section of Toronto’s eastern waterfront.

HOUSE OF THE DAY A Home on Lake Norman Heads to Auction

Harrison Architecture

This New England-style house in North Carolina comes with a pool, dock, shuffleboard court and ‘show garage.’

GREATER NEW YORK REAL ESTATE NYC Landlord Sentenced to a Year in Fraud Case

Steve Remich for The Wall Street Journal

A prominent New York City landlord was sentenced Tuesday to a year in Rikers Island for tax and loan fraud, a rare prison term in such cases, according to the attorney general. Steven Croman, 51 years old, who owns more than 140 apartment buildings in Manhattan, was arrested in May 2016 and accused of fraudulently obtaining loans and committing tax fraud.

DESIGN Risking Resale Value: Modern Violet Cabinets in an 1857 Kitchen

Debi Treolar

A designer defends his decision to flout conventional resale concerns. Does it work? You decide.

Why White Walls Are Instagram Gold


To make their home interiors look better on Instagram and amass more followers, millennials and social-media mavens are painting their walls white. Posts featuring white, tan, gray and other neutrals have an 18 percent higher engagement rate than photos of walls in other colors.