Word: renting
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Metro areas with the biggest projected changes in apartment rent, through Sept...
...rent was too high for the store in Harvard Square to be maintained, Siren said. In order to pursue a less costly alternative, Cross is opening a kiosk in the Prudential Center to make up for this loss...
...dozens of the faithful would gather outside Michael Smith's Lower Manhattan store, ready to rush in and claim his latest treasures. (I could name two TIME movie critics, one in New York, one in L.A., whose homes are little museums of Depression Modern pieces.) When a leap in rent shuttered this SoHo landmark, Smith retreated to his other boutique, Adelaide, in the West Village. (Disclosure: Mary Corliss, an occasional contributor to TIME.com and a full-time contributor to my well-being, is the co-owner of Adelaide...
...Companies that provide so-called alternative credit information say their business is booming, even as the rest of the lending industry continues to shrink. Banks once sought out such information as rent-payment histories to assess whether to lend to individuals who lack a credit score because they may never have had a credit card or mortgage and don't have enough credit history to generate a rating. These days, more and more banks are using the supplemental information, even with customers who have a credit score, in an effort to lower loan defaults...
...agreement by the city to develop the rather unprepossessing, 5,700 sq. ft. home - Lee called it the Crane's Nest - rescues the two-story property from ignoble obscurity. It has been operating as a "love motel" catering to amorous couples looking to rent a room for an hour for a romantic tryst. Last year, the home's owner, Chinese real estate tycoon and philanthropist Yu Panglin, announced plans to sell it for up to $13 million so he could donate the proceeds to victims of the Sichuan earthquake. But that caused an uproar among Bruce Lee fans, who feared...