The Real Deal - New York Real Estate News

Former J. Crew CEO Mickey Drexler sells Idaho estate

Posted: 29 Nov 2020 11:00 AM PST

Former J. Crew CEO Mickey Drexler sold his Idaho estate and a pair of neighboring lots for $11 million. The property hit the market last year asking $13.9 million, according to the Wall Street Journal. The home plot alone without the two neighboring properties was recently asking $8.9 million. The 6,600-square-foot home sits on a hillside in Ketchum’s Knob Hill neighborhood and has views over the Smoky Mountains. It was designed by architect Thierry W.

Singapore luxury market rebounds despite fewer foreign buyers

Posted: 29 Nov 2020 09:00 AM PST

Singapore’s housing market has rebounded from the lows brought on by the pandemic earlier this year, even with fewer foreign buyers. Since January, 2,177 apartments have sold in central Singapore, compared to 1,797 in the same period last year, the Wall Street Journal reported. Some developers dropped prices as much as 10 percent during a partial lockdown this summer, but the median price per square foot in central Singapore is up 7.5 percent year-over-year to

In remote work world, some tech CEOs are leaving Bay Area

Posted: 29 Nov 2020 06:00 AM PST

Tech industry workers aren’t the only ones leaving San Francisco for new digs. So are their bosses. Several industry CEOs are leaving the Bay Area as their companies announce they’ll embrace remote working, even after the pandemic subsides and allows for safe office working once again, according to The Information. Henrique Dubugras and Pedro Franceschi, the co-founders of fintech company Brex, have both left for Los Angeles and plan to let their company’s office lease