The Real Deal - New York Real Estate News

Kanye West cares about “Star Wars”-themed affordable housing

Posted: 13 Jul 2019 09:00 AM PDT

Jesus walks, but Luke Skywalker talks, at least for Kanye West when it comes to affordable housing. The rapper-turned-aspiring real estate mogul is reportedly leading the development of an affordable housing project with a “Star Wars” theme at a secret California forest location. Forbes reported that the recording artist, entrepreneur and designer is working with a team to design prefabricated shelters as affordable housing, possibly for homeless people. West wanted an austere design for shelters […]

Brooklyn is having its moment in the sun as New Yorkers turn to solar power

Posted: 13 Jul 2019 08:00 AM PDT

To paraphrase SunnyD, homeowners across New York City are unleashing the power of the sun. New Yorkers are increasingly turning to solar power to lighten their carbon footprint. And while Brooklyn lags behind Queens and Staten Island, it’s catching up fast. Over the last few years, there were some 3,100 solar panel installations in the borough, according to the New York Times. In Park Slope, a neighborhood thick with brownstones, Brooklyn SolarWorks, a solar energy […]

Russian oligarch sells last piece of former Trump estate in Palm Beach for $37M

Posted: 13 Jul 2019 07:00 AM PDT

Russian oligarch and billionaire Dmitry Rybolovlev sold the last lot of President Trump’s former waterfront Palm Beach estate for $37.3 million. Rybolovlev sold the 2-acre lot at 525 North County Road for about $385 per square foot, records show. Rybolovlev, who reportedly made most of his fortune from a fertilizer business, bought the 6.26-acre estate from Trump in 2008 for $95 million, then razed a mansion on the property and divided the land into three […]

“The British Harvey Weinstein”: Retail mogul Philip Green confronts sexual misconduct allegations

Posted: 13 Jul 2019 06:00 AM PDT

Mounting allegations of sexual harassment, bullying and abuse are threatening to topple British retail mogul Sir Philip Green, as the female entrepreneurs and celebrities who once powered his Topshop clothing brand turn away. Green, the billionaire chairman of Topshop parent company Arcadia Group, faces misdemeanor assault charges in Arizona for allegedly groping and making lewd comments to a Pilates instructor, who called him “the British Harvey Weinstein,” according to Bloomberg. She joins five former employees […]

This week in celeb real estate: Movie exec Roger Birnbaum accepts price chop in Beverly Hills, Michelle Obama rents in the hills…and more

Posted: 13 Jul 2019 05:00 AM PDT

A movie mogul sold his home at a sharp discount. A billionaire venture capitalist dropped a — relative — pittance on an abode and a former first lady rented a “Shark House.” They all contributed to the week real estate moves around Los Angeles. Roger Birnbaum, founder of Spyglass Entertainment, has sold his home in Beverly Hills for $21.4 million, roughly 37 percent less than his original asking price. The Hollywood producer first put the […]