News
Manhattan’s luxury listings fall to nearly 20-year low
11+ hour, 19+ min ago (622+ words) Rush of deals, Iran war concerns sapped condo, co-op supply Buyers searching for luxury homes in Manhattan are short on options." Listings for high-end condos and co-ops fell 27 percent annually in the first quarter, hitting the lowest level in nearly…...
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11+ hour, 49+ min ago (11+ words) Toll Brothers plots more pricey homes in Denver area'The Real Deal...
7-Eleven founder’s family sells Highland Park home
3+ hour, 35+ min ago (184+ words) Thompsons asked $9M for waterfront Tudor house in Dallas The founding family of 7-Eleven sold late patriarch Jere Thompson's Highland Park home in Dallas. The Jere W. Thompson Living Trust, managed by his sons Michael Thompson, Patrick Thompson and Jere Thompson Jr.,…...
Frank Lloyd Wright’s Hills-De Caro House sets record in Oak Park
4+ hour, 8+ min ago (423+ words) Property attracted immediate interest, with a contract signed for $5K above asking price" just days after listing The record sale of a Frank Lloyd Wright-designed home in Oak Park sets a new valuation benchmark for the architect's residential portfolio in the…...
Newport Coast manse finds buyer after nearly $20M in price cuts
5+ hour, 34+ min ago (810+ words) A Tuscan-style mansion in Newport Coast, complete with an eye-catching pool design, just fetched $30 million." An unidentified buyer has purchased the 13,206-square-foot manse at 36 Pelican Crest Drive, Mansion Global reported. The half-acre property first hit the market last July with…...
East Bay Hyatt House hotels sell for pennies on the dollar
4+ hour, 49+ min ago (256+ words) Bay Area lodging market in freefall as loan defaults, plummeting property values plague region As loan defaults and foreclosures plague hotels across the East Bay, two lodging properties in the area have new owners after foreclosing last year." Hyatt House…...
Help for rent-stabilized landlords appears unlikely as Mamdani’s board kicks off
6+ hour, 44+ min ago (854+ words) Advocates talk of targeted approach to distress, but no proposals Data released by New York's Rent Guidelines Board, which sets rent increases in the city's nearly 1 million regulated apartments, is something of an Rorschach test. Everyone sees what they want…...
Sotheby’s Nikki Field to head sales at Five Points’ Fifth Avenue tower
10+ hour, 46+ min ago (535+ words) Under-construction Flatiron District project will begin private showings in May" The Fifth Avenue supertall planned by Five Points Development has gone through a number of changes since it was announced in 2017." The changes have included its projected height, unit count…...
British developer appears to shatter global home sale record
9+ hour, 45+ min ago (370+ words) Nick Candy selling London property for $350M This is no belated April Fools" Day joke: there appears to be a record-setting deal for the most expensive home sale in the world. Developer Nick Candy sold the Providence House in London"s…...
Fontainebleau Miami Beach condo-hotel owners revolt against rule changes
1+ day, 6+ hour ago (515+ words) Lawsuit alleges new regulations at billionaire Jeffrey Soffer's waterfront resort unfairly target units that are not part of hotel's rental program A group of owners at Fontainebleau Miami Beach's Tresor and Sorrento condo-hotel towers are aiming to torpedo new management…...