NYC Real Estate News

Thu, 06/01/2023 - 05:00
In Mexico, developers are raising the luxury game by offering buyers a herd of polo ponies to go with the infinity pools and ocean views.
Thu, 06/01/2023 - 05:00
The music megastars are the newest members of the club. Here’s a sampling of some others.
Wed, 05/31/2023 - 19:05

Pilsen’s one-time largest landlord and property manager escalated his yearslong battle with his sister over the real estate portfolio their parents and grandparents assembled in the Chicago neighborhood, claiming he’s been shorted on a $4 million debt owed to him by a family trust. A new lawsuit filed this month is the latest development in […]

The post “Divided loyalty:” Siblings’ decade-long feud over Pilsen holdings flares appeared first on The Real Deal.

Wed, 05/31/2023 - 18:35

Pacific Housing and Jemcor Development Partners have secured a $108 million loan to build 271 affordable apartments in South San Jose. The Sacramento-based Pacific Housing and the San Mateo-based Jemcor obtained the financing to construct the seven-story complex at 1007 Blossom Hill Road, the San Jose Mercury News reported, citing public records. The joint venture, […]

The post Pacific Housing and Jemcor snag $108M loan for apartments in San Jose appeared first on The Real Deal.

Wed, 05/31/2023 - 18:18

A Gold Coast condo might become two, if buyers take interest in a newly split listing. The third-floor property at 65 East Goethe Street has been listed since February for $16.8 million. This week it took a price cut — and is now offering the full-floor unit as two to buyers who might prefer something […]

The post Chicago’s third-priciest listing slices ask, splits offering in two appeared first on The Real Deal.

Wed, 05/31/2023 - 18:05

Developer Brandon Shpirt wants to build a 773-unit apartment project on a south Miami-Dade County site that is partly outside the Urban Development Boundary.  Shpirt, who leads Miami-based BSB Global Enterprises, proposes the six-story complex on 13.8 acres at 14505 Southwest 260th Street near the Naranja neighborhood, according to an application filed to Miami-Dade on […]

The post Brandon Shpirt proposes 773 rentals on Miami-Dade site partly outside UDB appeared first on The Real Deal.

Wed, 05/31/2023 - 18:05

Side made a round of cuts this week, The Real Deal has learned. The San Francisco-headquartered white label brokerage let go of 12 employees, according to founder Guy Gal. “We cut 12 people and plan to hire back into those roles in-market versus remote,” Gal said when reached Thursday. All affected employees were from the […]

The post Side dismisses 12 staffers appeared first on The Real Deal.

Wed, 05/31/2023 - 18:00

During May, the scarcity of luxury home sales in Los Angeles continued for a second straight month with a slight improvement. From May 1 to May 30, the City of Los Angeles recorded 10 sales with prices above $5 million. About 17 homes in that price range went under contract in Los Angeles in the […]

The post LA’s luxury home market shows slow recovery in May  appeared first on The Real Deal.

Wed, 05/31/2023 - 18:00

Home prices in Dallas-Fort Worth dipped for the first time in a decade, after years of steady growth and an unprecedented post-pandemic surge. The region saw a 1.2 percent drop in home prices year-over-year in March, marking the first year-over-year decline in DFW since February 2012, the Dallas Morning News reported, citing a study from […]

The post DFW home price drop a first since 2012 appeared first on The Real Deal.

Wed, 05/31/2023 - 17:33

A Barrington Hills mansion that appeared in the hit show “Empire” is going to the auction block after failing to sell the old fashioned way — for all 10 years it has been on the market. The 17,6000-square-foot estate at 45 Lakeview Lane, owned by Sam and Geralyn Cecola, is scheduled to be auctioned off […]

The post ‘Empire’ mansion in Barrington Hills hits auction block after a decade appeared first on The Real Deal.