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New York Real Estate News
Another multimillion-dollar condo is selling at NYC’s famed Flatiron Building — as the highly anticipated conversion is nearly 33% sold
Sales at the Flatiron Building certainly aren’t falling flat. Another unit inside the storied Manhattan edifice has entered into contract, according to Monday’s Olshan Luxury Market Report. The four-bedroom, 4.5-bathroom dwelling spans 3,889 square feet and...
Oakland revealed as joint worst housing market in America
Home prices in Oakland, California have plummeted nearly 10 percent from this time last year, evaporating the equity owners spent years growing and sliding the housing market back to levels not seen in a decade. The average home value in Oakland is $716,248,...
Real estate execs still in on Park Ave. project to be anchored by Ken Griffin’s Citadel
Vornado executive vice-president Glen Weiss told a Real Deal forum last week, “You should assume we’re in” — meaning his company’s planned 350 Park Ave. skyscraper to be anchored by Ken Griffin’s Citadel companies. “We’ve started demolition and we’re ready to...
The beautiful multimillion-dollar Nantucket home of your dreams is available for free — but there’s a catch
A classic shingled house on Massachusetts‘ Billionaire Isle is up for grabs, and instead of costing millions, the house is being given away for free. The catch? You have to move it off the current owner’s property. No, this doesn’t have to do with erosion....
Owners who want to demolish home where Marilyn Monroe died get smacked down by judge
The Los Angeles couple who bought the house where Marilyn Monroe died have been dealt yet another setback in their quest to tear it down and build a new house. Roy Bank and Brinah Milstein had their lawsuit against the city of Los Angeles thrown out by a...
A government change to allow rent payments to factor into credit score could help 7.7M Americans qualify for a mortgage
A government change could tip the scale for millions of “credit invisible” Americans and spur hundreds of billions in new mortgage originations. In a rule change finalized last month, government-run mortgage giants Fannie Mae and Freddie Mac said they would...
200 wealthy Manhattan renters evicted after developer plans ultra-luxe condo project
Get out your Stravinsky violins. Some of Manhattan’s wealthiest renters are about to be evicted, as the owner of their already luxury building wants to develop even more high-end homes. When Miki Naftali agreed last year to pay north of $800 million for 800...
Homebuyers, sellers growing cautious over increasing mortage rates
The spring housing season hit a speed bump this week as rising mortgage rates and global economic uncertainty prompted both buyers and sellers to retreat. The latest Weekly Housing Trends report from the Realtor.com economic research team reveals a market in a...
‘Cursed’ Sharon Tate murder-mansion site now for rent at $247K/month after years of failing to sell
Jeff Franklin has given up trying to sell it. Now he just wants someone to live there. The television producer behind “Full House” has re-listed his sprawling Los Angeles estate on the rental market, asking $247,500 a month for a compound that has spent years...
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