Tag Archives: real estate

This news shocks no one. Via the New York Times: In Manhattan real estate, 2015 was a year for the record books, with the median price for co-ops and condos hitting a new high of $1.15 million in the final months of the year, according to reports by major real estate firms that will be released Tuesday. Strong overall sales …

Sarah Palin is selling her sprawling 8000-sf Arizona mansion with a listed price of $2.5 million – nearly a million more than she paid for it four years ago. The Los Angeles Times has the details: The main house is a blend of Santa Barbara, Tuscan and Spanish styles. High ceilings, chandeliers and wrought-iron railings are among interior details. A …

Via the Guardian: Four helipads will cluster around one of the largest domes in the world, like sideplates awaiting the unveiling of a momentous main course, which will be jacked up 45 storeys into the sky above the deserts of Mecca. It is the crowning feature of the holy city’s crowning glory, the superlative summit of what will be the …

A friend of mine took this photo today from his office across from 30 Rock. If you look closely you’ll see the nearly-installed Comcast name. Last June the New York Times reported on the sign change: Comcast, which last year bought General Electric’s remaining 49 percent stake in NBCUniversal, applied for a “certificate of appropriateness” from the city’s Landmarks Preservation …

From Mark Zuckerberg’s Facebook page: Today we moved into our new Facebook building in Menlo Park, California. Our goal was to create the perfect engineering space for our teams to work together. We wanted our space to create the same sense of community and connection among our teams that we try to enable with our services across the world. To …

Via Gossip Extra: Internet arsonist Matt Drudge, who owns a sprawling property on the edge of The Everglades near Miami, just plunked down $1.9 million cash for a bunker-like house in the Arizona desert near Phoenix. With the purchase the web aggregator, 48, will be living part-time in the jurisdiction of civil rights-busting Sheriff Joe Arpaio, a favorite on his …

Via DNA Info: A city-issued violation could force the controversial Atlah Worldwide Church to take down its controversial sign — which often displays homophobic and racist messages — after multiple failed attempts by critics who tried to pressure the church to put a stop to what they called hate speech. The church on 123rd Street and Lenox Avenue — which …

From the Washington Post: Here’s definitive proof that San Francisco’s real estate market is insane. HSH.com, a mortgage research site, has estimated how much salary you need to earn to afford the principal, interest, taxes and insurance payments on a median-priced home in 27 metro areas. On a national scale, a buyer who puts 20 percent down would need to …

A curious press release from the city of Newark: Newark, NJ – Mayor Ras J. Baraka, the Newark Municipal Council, and Deputy Mayor for Economic Development Baye Adofo-Wilson announced today that the City of Newark will sell municipally-owned vacant lots city-wide for $1,000 each to couples seeking to construct homes on them, in a “Valentine’s Land Sale Day.” The sale …

From Blue Nation Review: The month before the 2012 elections, Congressman Schock sold his house to a major Republican donor who was also one of his campaign supporters for a price that appears to far exceed the market value at the time. Ali Bahaj – then a Vice President at Caterpillar – and his wife Gloria have donated more than $45,000 …

Via the Huffington Post: Neil Patrick Harris and David Burtka are giving Architectural Digest readers some major real estate envy, showing off their five-story Manhattan townhouse in the magazine’s March issue. The couple, who tied the knot in Italy last September, told the magazine that they began searching for a New York abode once Harris’ stint on “How I Met …

Via the New York Times: A strip of commercial real estate along the harbor in Fire Island Pines sold for $10.1 million at auction on Thursday to developers with plans to continue the revival of a former mecca for closeted gay men. The sale price was well below the $25 million the previous owners sought when they placed it on …

Federal authorities are expected to arrest Democratic New York Assembly Speaker Sheldon Silver today on charges of corruption.Via the New York Times: The investigation that led to the expected charges against Mr. Silver, a Democrat from the Lower East Side of Manhattan who has served as speaker for more than two decades, began after Gov. Andrew M. Cuomo in March …

Via the New York Daily News: It’s the crown jewel of ‘Billionaires’ Row.’ A palatial apartment on 57th St. has broken the record for the most expensive apartment ever sold in Manhattan. A mystery buyer dropped a staggering $100.47 million on the penthouse apartment, which occupies the entire 89th and 90th floors of One57, the high-end apartment tower overlooking Central …

Details.

It’s a new record. Via the New York Observer: A full-floor rental of New York’s Pierre Hotel that was listed for $500,000 a month has found a tenant, according to the listing agents. To boot, the same renter has also reserved a separate $150,000-a-month suite for guests. Jonathan Miller, president of appraisal firm Miller Samuel, said the $500,000-a-month listing sets …

The New York Daily News has published a recap of Manhattan’s insane boom in skyscraper construction. Embiggen the bottom image for a tally on the coming supertalls, several of which will eclipse the Empire State Building’s 1250 feet. The supertall in the center of the top image, 111 West 57th, will be the world’s skinniest skyscaper at 1350 feet tall …

Via Gothamist: A crumbling old Hudson River pier once used by ocean liners like the Lusitania will be torn down and replaced by a 2.7 acre park on the water featuring rolling hills and an outdoor amphitheater. Mayor de Blasio is expected to reveal further details about the park at a press conference this morning, but the Hudson River Park …

Via Mashable: The new 432 Park Avenue is the tallest residential building in the Western Hemisphere. It’s the first in a wave of new super-tall apartment buildings coming to New York’s skyline. Its top-story penthouse, which recently sold for around $95 million, boasts a view of the city that one would usually need a helicopter to behold. The notation at …

As I’ve noted in several recent posts, Manhattan is going through an unprecedented boom of new supertall skyscrapers, many of which are mixed-use hotel/retail/condo combos. New York YIMBY provides a look at One Vanderbilt, which will loom over Grand Central Terminal on Manhattan’s east side. Among New York’s existing supertalls, the 1,450-foot building will be closest to the Chrysler, which …