Business

McMansions become financial ‘liability’ as buyers ditch oversized homes

The “McMansion” is officially moving from a status symbol to liability. Twenty years after the 2006 housing boom, new data from Zillow reveals a fundamental reversal in the American Dream: Buyers are ditching “wasted scale” and mahogany-heavy footprints for high-efficiency “sanctuaries.”As insurance premiums and property taxes soar, real estate experts…

Barron Trump linked to beverage company based near Mar-a-Lago

Barron Trump is listed in public records as a director of a new beverage business based near Mar-a-Lago. Filings submitted last month in Florida and Delaware show that Barron Trump is one of five directors of SOLLOS Yerba Mate Inc., described by one of its directors as a “yerba mate…