A mansion once owned by William Randolph Hearst has hit the market for $2.2 million, according to the New York Post. The manse on Long Island’s North Shore was built in 1906 outside the BeauxArts Casino, now known as the Bay Club. The 52-year-old publishing mogul is said to have bought the home around 1917 for his then-20-year-old mistress, Marion Davies. While the couple spent time at the famous Hearst Castle on California’s coast, Davies
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As the coronavirus crisis led many New York City hotels to close their doors, some properties have managed to boost their occupancy with government contracts to house frontline workers and others in need of housing. For the rest, business has been dismal. The situation at Sapir Corp.’s 264-key NoMo Soho hotel at 9 Crosby Street is a striking example. As revealed in the Alex Sapir-led company’s latest quarterly earnings report, the hotel had an occupancy
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Keller Williams is cutting ties with Seth Campbell, the owner of several of the brokerage’s market centers with approximately 500 agents under his supervision, following a months-long investigation into multiple allegations of sexual harassment. Campbell is accused of sending illicit text messages, using sexually explicit language directed toward younger women in the office and making sexual advances towards an agent, according to a report by Inman. “The safety and well-being of our associates is paramount
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Not all coronavirus-impacted real estate deals need to go to court, after all. After the pandemic slammed the brakes on All Year Management’s sale of a 74-building, $346 million multifamily portfolio to investor David Werner in May, the parties negotiated for nearly two months in efforts to salvage the deal. The new transaction is slightly smaller than before, and significantly more complex. Under the new agreement, Werner has agreed to acquire 68 buildings for about
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Restaurants suffered a major blow as officials announced Wednesday that indoor dining would remain forbidden indefinitely. Only six days ago Mayor Bill de Blasio had given thumbs-up for indoor dining to begin July 6 as part of reopening’s phase three. But Gov. Andrew Cuomo had second thoughts as Covid-19 cases began to spike in other states and social distancing began to break down in the city, and decided to reverse course. Before the governor announced
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