The Real Deal - New York Real Estate News

Skechers to add millions of sq ft of logistics space amid e-commerce rise

Posted: 22 Aug 2021 11:00 AM PDT

Skechers is shaping up its fulfillment capabilities after a jump in e-commerce sales. The footwear brand plans to more than double its pre-pandemic warehousing and logistics footprint by next summer, the Wall Street Journal reported. Sheckers owned and operated around 4 million square feet of space before the pandemic, and it’s already well on its way toward meeting its goal, growing its distribution space to 5.5 million square feet by the end of the last

Bruce Kovner asks $160M for 22-acre compound in Santa Barbara County

Posted: 22 Aug 2021 09:00 AM PDT

Hedge funder Bruce Kovner is looking for nine figures for his 22-acre compound in Santa Barbara County. Kovner is asking $160 million for a stitched-together property in Carpinteria that he has expanded and developed over the last 14 years or so, according to the Wall Street Journal. A sale near his ask would be among the priciest ever in California. Jeff Bezos set an all-time price record last year when he purchased David Geffen’s Beverly

Texas broker pleads guilty to misdemeanor for involvement in Capitol riot

Posted: 22 Aug 2021 06:00 AM PDT

A Texas real estate broker who stormed the U.S. Capitol on January 6 and documented it on social media pleaded guilty on Thursday to a misdemeanor charge for her involvement in the riot. Jenna Ryan agreed to pay $500 in restitution for damages to the Capitol during the attack, according to CNN. The Justice Department has cut similar deals with other nonviolent participants in the attempted insurrection. Ryan could face up to six months in