The Real Deal - New York Real Estate News

UK office and retail vacancies rising at record pace

Posted: 31 Jan 2021 09:00 AM PST

Vacant office and retail space in the United Kingdom is rising at a pace not seen since at least 1999, when the metrics were first kept. The coronavirus has devastated the two sectors. The number of brokers reporting rising vacancies is the highest since the Great Recession, according to Bloomberg, citing a survey by the Royal Institution of Chartered Surveyors. Around 73 percent of respondents said they see retail vacancies rising, while 54 percent said

“The Bachelor” creator really thought his Hawaii home was the one

Posted: 31 Jan 2021 06:00 AM PST

The creator of the long-running reality show series “The Bachelor” and “The Bachelorette” is looking for a match for his beachfront home in the Hawaiian island of Kauai. Mike Fleiss is asking $34.5 million for the two-acre property, according to the Wall Street Journal. It sits on Hanalei Bay, a circular cove on the island’s north shore. The listing amount is twice what Fleiss paid actress Julia Roberts for the property in 2016, although only