The Real Deal - New York Real Estate News

Seeing is believing: Coldwell Banker agent makes rap spoof to market $45M Newport Beach mansion

Posted: 13 Oct 2018 01:00 PM PDT

Remember last year, when spec home developer Nile Niami, released a video with topless women painted in gold to sell Opus, his 20,500-square-foot mansion in Bel Air? A similar sort of marketing play has taken hold in Newport Beach. Only this time, the video features twenty-somethings clad in boat shoes and the Cali Swag District, the hip hop group behind the 2010 hit “Teach Me How to Dougie,” instead of naked models. The spoof video […]

Netflix purchases its own “HQ2” in New Mexico

Posted: 13 Oct 2018 12:00 PM PDT

After the success of “Breaking Bad,” Netflix wants more of New Mexico and has bought a massive film studio in the state. The video-streaming giant announced this week it had acquired ABQ Studios in Albuquerque. The company said the move is part of a plan to bring up to $1 billion in production to New Mexico over the next decade, according to The Verge. “Our experience producing shows and films in New Mexico inspired us […]

What’s a $1.4M tax bill to a billionaire? For Roman Abramovich, it’s worth suing the government

Posted: 13 Oct 2018 11:02 AM PDT

You’d think 1.2 million Euros ($1.39 million) wouldn’t mean much to Roman Abramovich, but the Russian oligarch has tried what he can to avoid paying that in taxes. French tax authorities claim Abramovich undervalued his mansion in Southern France and owes the government an additional 1.2 million Euros in wealth taxes for the years 2006 and 2007, Bloomberg reported. Abramovich countered by suing the government, claiming it overvalued the 807,000-square-foot property, which includes a mansion […]

Jared Kushner probably hasn’t paid federal income taxes in years: NYT report

Posted: 13 Oct 2018 10:23 AM PDT

How Jared Kushner likely avoided paying taxes on his income for about seven years is a lesson in the business of real estate. The White House senior adviser and former chief of Kushner Companies may have paid little, if any, federal income tax for years between 2009 and 2016, according to documents obtained by the New York Times that show Kushner’s businesses, earnings, expenses, debt obligations and some information from his federal tax filings. The […]

Redfin hires new chief economist away from Amazon

Posted: 13 Oct 2018 09:00 AM PDT

Redfin has hired Daryl Fairweather to be the Seattle-based brokerage’s new chief economist, four months after Nela Richardson left the role. Fairweather comes to Redfin from Amazon, where she was senior behavioral economist. Her team reportedly worked with data to improve performance and engagement among the e-tailer’s employees. At Redfin, Fairweather will lead a team of economists, draft market reports and be the face of Redfin’s economics and data operations. She will also work directly […]

This New York restaurant will let you catch your own dinner

Posted: 13 Oct 2018 08:00 AM PDT

In New York City’s ultracompetitive restaurant industry, one eatery may have found a good way to stand out: letting patrons catch their own meals. Zauo, a Japanese restaurant set to open later this month at 152 West 24th Street in Chelsea, will let customers go fishing for their food, according to the Wall Street Journal. Zauo will provide them with poles, bait, and tanks filled with fish like striped bass, trout and salmon. The restaurant […]

Justin Bieber dropping nearly $100K a month to rent lakeside home

Posted: 13 Oct 2018 07:00 AM PDT

UPDATED October 9, 4:42 p.m.: A new marriage has apparently not done much for Justin Bieber’s fear of commitment. The Canadian pop singer is dropping nearly $100,000 a month to rent a 7,000-square-foot home in the San Fernando Valley enclave of Toluca Lake, according to People. Bieber agreed to rent the home, which is listed off-market for $8.5 million, in a short-term arrangement that pushed up the monthly fee, a source told the magazine. The home’s […]

Making a splash: Aston Martin Residences to offer yacht service to beach as latest amenity

Posted: 13 Oct 2018 06:00 AM PDT

The developer of the Aston Martin Residences in downtown Miami is aiming to make a splash with the latest amenity offering: a butler service that takes owners from the luxury high-rise to the sand – via yacht. G&G Business Developments is working with International Booking Services LLC to offer the amenity, which includes home management and luxury travel support. G&G, owned by the Coto family of Argentina, is also working on deals with beachfront properties […]