News
Newport Coast manse finds buyer after nearly $20M in price cuts
1+ hour, 44+ min ago (529+ 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
58+ 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
2+ hour, 54+ 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…...
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2+ hour, 53+ min ago (16+ words) Anthropic's SF leasing spree continues with another 100K sf in FiDi HQ cluster'The Real Deal...
Sotheby’s Nikki Field to head sales at Five Points’ Fifth Avenue tower
6+ hour, 55+ 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
5+ hour, 55+ 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, 3+ 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…...
South Florida’s top deals: Full House creator sells Miami Beach lot for $11M
8+ hour, 58+ min ago (208+ words) TRD reports the most important transactions for Wednesday, April 1, 2026 " Residential: A vacant waterfront lot at 1230 South Venetian Way in Miami Beach sold for $11 million. The parcel measures about 13,400 square feet. The seller was an LLC tied to Jeff Franklin, the…...
Tahiti Beach estate sells for $32M in record for gated Coral Gables community
1+ day, 1+ min ago (349+ words) Deal fell $8M short of asking price for 10,400 sf mansion Lauren Sturges sold her waterfront Tahiti Beach mansion for $32 million, marking a price record for the gated Coral Gables neighborhood." Records show Sturges, the widow of businessman Charles M. Fernandez, sold the…...
The slow bloodletting of NYC real estate
7+ hour, 58+ min ago (609+ words) Small wounds add up to hemorrhaging housing market "Death by a thousand cuts" is a useful expression. In New York real estate, it applies to many things, from rent-stabilized buildings to the overall health of the housing market. Each cut…...