The Real Deal - New York Real Estate News

Steve Croman, accused of stiffing own landlord, resolves case

Posted: 11 Apr 2022 04:00 AM PDT

Steven Croman, the multifamily landlord accused of harassing tenants, was hit with a lawsuit alleging he stopped paying rent for his Noho office. The lawsuit, filed by an entity tied to Jeff Gural’s GFP Real Estate, alleged that Croman’s firm failed to pay $370,485 in rent, taxes and electricity bills at 740 Broadway Avenue. The suit charged that M&E Mott did not pay the full rent in March and January of this year and July,

Wisconsin’s “Flintstones” cave mansion has an offer at $1.2M ask

Posted: 10 Apr 2022 12:00 PM PDT

It’s a home that would make Fred and Wilma proud. The six-bedroom Wisconsin home on more than 17 acres appears to have been carved directly from stone and has an indoor pool, koi pond and a plethora of tropical plants, WKFR reported. It has a pending offer at the asking price of $1.2 million, according to Zillow. Marketed as a potential Airbnb investment or private getaway, the New Berlin home is about 20 minutes from

“Selling Sunset” star Chrishell Stause sold wedding ring to help pay for new home

Posted: 10 Apr 2022 11:40 AM PDT

This home has got a little ring to it. “Selling Sunset” star Chrishell Stause admitted in an interview that she used the proceeds from the sale of her wedding ring given to her by ex-husband Justin Hartley to help buy her new home. During an appearance on “The Kelly Clarkson” show, the 40-year-old actress said she did it to make lemonade out of lemons — or something to that effect. “When sometimes life gives you

Vacant oceanfront property on Hawaii’s Big Island sells for record $33.75M

Posted: 10 Apr 2022 10:19 AM PDT

The run-up on prices in Hawaii continued this week when an oceanfront property on the Big Island sold for $33.75 million — a record for the region. The Wall Street Journal is reporting the vacant 3.7-acre plot in the gated neighborhood of Kaupulehu comes with plans for an 18,600-square-foot mansion designed by Paul McClean that features a detached guesthouse and a pool. The property was purchased by an LLC connected to Bay Area investor John

Gucci to open store in Meatpacking District

Posted: 10 Apr 2022 09:06 AM PDT

Luxury retailer Gucci is placing a bet on storefront retail in Manhattan. The Commercial Observer is reporting that Gucci is opening a 10,000-square-foot, two-level store in the Meatpacking District. The luxury brand has signed a lease to set up shop at 400 West 14th Street on the bottom two floors of the five-story building between Ninth Avenue and Washington Street, according to the report. The move comes after Gucci opened a temporary pop-up store in

Stamford luxury loft conversion a “disaster,” must be torn down

Posted: 10 Apr 2022 09:00 AM PDT

A luxury loft development in a converted Stamford lock factory faces demolition as it shifts and tilts on a foundation built on rotting century-old wood The former Yale & Towne factory, now the 225-unit Lofts at Yale & Towne, is a “disaster,” an architect for owner Gaia Real Estate told the Historic Preservation Advisory Commission, the Connecticut Examiner reported. Built by Building & Land Technology, the city’s largest developer, and opened in 2010, the complex

Catskills treehouse becomes New York’s most popular Airbnb listing

Posted: 10 Apr 2022 06:00 AM PDT

Talk about a getaway: A tiny Catskills treehouse was New York’s most popular Airbnb listing last year. Owner Avner Ronen commissioned the one-bedroom, one-bathroom home, designed by Antony Gibbon and built by William Johnson, for the 34-acre property in Willow where he and his wife live, a 15-minute drive from Woodstock, the Times Union reported. “It was really a passion project,” Ronen said. “We started talking about it as a cool treehouse for the kids

Canada to ban foreigners from buying homes as prices soar

Posted: 09 Apr 2022 12:00 PM PDT

Canada, one of the world’s most expensive housing markets, is cracking down on foreign buyers. Finance Minister Chrystia Freeland’s budget, proposed this week, includes a measure that would ban most foreigners from buying homes for two years, Bloomberg reported. The move underscores efforts by Prime Minister Justin Trudeau to bring the market under control after home prices jumped by more than 50 percent in two years. “I don’t think prices are going to fall as

Fleeing sanctions, Russian billionaires dropping anchor in Dubai

Posted: 09 Apr 2022 11:07 AM PDT

Their yachts are coming in! Russian billionaires and oligarchs searching for a place to live now that they are shunned by countries upset with Vladimir Putin’s invasion of Ukraine are increasingly looking to Dubai in the United Arab Emirates as a forever port of call. Forbes is reporting that real estate agents in the city are saying the rich Russians are looking to drop anchor there thanks to the locale’s luxury properties, glitzy beaches, flexible

Taylor Swifts’s childhood home in Pennsylvania on market for $1M

Posted: 09 Apr 2022 09:49 AM PDT

The Pennsylvania home where pop star Taylor Swift first picked up a guitar and started writing songs is on the market for $1 million. According to Insider, Swift moved out of the Georgian Colonial-style home at 78 Grandview Boulevard in Wyomissing in 2004 at the age of 14 to pursue a music career in Nashville, Tennessee. The Swifts bought the home in 1997 for $280,000 after moving from an 11-acre Christmas tree farm in nearby

Town emerges as potential buyer for $100M private island estate

Posted: 09 Apr 2022 09:00 AM PDT

UPDATED, April 6, 2022, 3:45 p.m.: Finding a person with $100 million to spend on a private island estate is a tough task. Finding a town with that kind of money is slightly easier. The town of Darien, Connecticut, has started negotiations to buy the 60-acre Great Island on the Long Island Sound, the Connecticut Examiner reported. The Board of Selectman voted unanimously to have one of its members, Monica McNally, begin talks. William Ziegler,

Judge rules Donald Trump can keep running Bronx golf course

Posted: 09 Apr 2022 08:01 AM PDT

The city shanked its shot at kicking Donald Trump’s company out of its management role at a Bronx golf course when a judge ruled Friday that the city’s grounds for doing so were flawed. According to the New York Post, the city claimed that the Trump Organization couldn’t continue to run the Trump Golf Links at Ferry Point because the former president’s connection to events such as the Jan. 6, 2021 riots at the Capitol

Lake Champlain home breaks Vermont record

Posted: 09 Apr 2022 06:00 AM PDT

A lakefront home in Vermont became the state’s most expensive to sell on the open market. The six-bedroom, seven-bathroom home at 422 Lands End Lane in Shelburne, Vermont, outside Burlington, sold for $10.25 million on April 1 after being listed for $9.8 million in December, Mansion Global reported. Three separate bids, two which were from out of state, including the buyer, drove up the price. Listing agent Wade Weathers said the sellers, Jeffrey Halvorsen and