The Real Deal - New York Real Estate News

The former Las Vegas home of infamous mobster Tony Spilotro set for its next chapter

Posted: 26 Jan 2019 01:00 PM PST

The owner of Las Vegas home that once belonged to notorious Chicago mobster Tony Spilotro is looking for an offer he can’t refuse. And, as of Friday, it seems he found one. The 2,400-square-foot home on nearly one third of an acre now belongs to David Stevens, a contractor and president of XL Steel. He was asking $420,000 for the property and, according to Redfin, Stevens has accepted an offer. The four-bedroom ranch at 4675 […]

Beckham-led group should have registered as lobbyists in MLS stadium bid: Lawsuit

Posted: 26 Jan 2019 12:00 PM PST

The city of Miami is facing another lawsuit stemming from David Beckham’s bid to build a Major League Soccer stadium. This time around, a local attorney is alleging the city broke its own lobbying laws when dealing with the group behind the star soccer player-turned investor’s bid. In the November referendum, voters gave the green light to move forward with plans for the site, at the Melreese Country Club. David Winker charges the city failed to […]

Beverly Hills mansion with golf course, swimming pools seeks $72M

Posted: 26 Jan 2019 11:00 AM PST

The sellers of a Beverly Hills estate modeled after two holes at Augusta National Golf Club must be hoping for a hole in one. Steve Dunn, founder of a toy supplier company, and Laura Dunn, an actress and journalist, are putting their 21,000-square-foot property on the market for $72 million, the Wall Street Journal reported. The compound sits on about 10.5 acres and includes a guesthouse, two swimming pools, a tennis court, bocce court and […]

El Chapo tried to have a Canadian real estate agent killed: court testimony

Posted: 26 Jan 2019 10:00 AM PST

No one ever said being a real estate agent didn’t come with risks. One of the latest stories to emerge from the trial of notorious gangster Joaquín “El Chapo” Guzmàn Loera was that he allegedly tried hiring the Hells Angels to murder Canadian real estate agent Stephen Tello, who El Chapo called “Catboy,” according to Vice. Tello is already behind bars thanks to a 2015 drug sting in Nova Scotia and has been described as […]

Why millionaires are fleeing NYC and New Jersey

Posted: 26 Jan 2019 09:00 AM PST

Volatile financial markets are leading high net worth individuals to leave New York and New Jersey in droves. Last year, the region encompassing New York City, Jersey City and Newark lost more than 5,700 individual with liquid assets of $1 million to $30 million, the North Jersey Record reported. The exodus is thanks to turbulent financial markets and changes to federal and state tax laws. “The folks that technically can afford to live here are […]

James Dyson’s personal Brexit: vacuum cleaner mogul moves company HQ to Singapore

Posted: 26 Jan 2019 08:00 AM PST

Britain may be leaving the European Union, but James Dyson’s company is getting out first. Billionaire vacuum-cleaner mogul and inventor and prominent Brexiteer James Dyson is moving his company headquarters from Britain to Singapore. The Dyson company said the move wasn’t related to ongoing Brexit negotiations or an effort to seek lower taxes, according to the Financial Times. Singapore’s headline rate of corporate tax is 17 percent, two percent lower than in the U.K. The […]

Grapes of wrath: Casino moguls end friendship over New Zealand winery

Posted: 26 Jan 2019 07:00 AM PST

A picturesque winery in New Zealand has become the scene of a bitter dispute between three Las Vegas casino moguls and former friends, involving accusations of fraud and death threats. MGM Resorts CEO Jim Murren and Full House Resorts CEO Dan Lee have accused former Mandalay Resort Group president Glenn Schaeffer of misrepresenting the nature of their investment in the Mahana Estates Winery, of which Schaeffer was the managing partner, Bloomberg reported. A court in […]

‘Marilyn Monroe slept here’: The whys and hows of leveraging a celebrity connection to market listings

Posted: 26 Jan 2019 06:00 AM PST

Like most homes in the Outpost Estates, the one at 2393 Castilian Drive has some elegant flourishes that could seduce even the most discerning buyers. The walled and gated four-bedroom house boasts architecture that conjures images of the Amalfi Coast, with a large terrace, a romantic tower room and a grotto-like pool that overlooks Runyon Canyon. But you won’t find its most distinctive feature listed anywhere in the blueprints: the home’s reported one-time occupants, Marilyn […]