The Real Deal - New York Real Estate News

The luxury home amenity that’s guaranteed to turn heads

Posted: 18 Aug 2018 01:00 PM PDT

Large tanks where people can float in dark, soundless and gravity-free peace are the newest addition to luxury developments. The tanks can cost tens of thousands of dollars and are typically sold in commercial centers devoted to providing the sensory-deprivation experience in a spa-like setting, however a residential market for the tanks is growing, according to the Wall Street Journal. At one luxury apartment building in Denver, two tanks are set up in the building […]

Amazon’s rumored bid for movie theater chain opens up possibility for disruption in the biz

Posted: 18 Aug 2018 12:00 PM PDT

Nights at the movies may be the next brick-and-mortar business ripe for disruption. This week, Amazon was reportedly in the running to acquire Landmark Theatres, an indie movie theater chain, which would have marked the first time a major tech company showed interest in the physical business of going to the movies, according to Quartz. Amazon denied having any interest in the chain. Landmark Theatres operates about 50 locations nationally, including theaters in New York, […]

Why long-term renters are buying homes in cities they’ll never live in

Posted: 18 Aug 2018 11:06 AM PDT

When buying a house in your own city is too expensive, find another city. The concept is finding traction among a growing number of would-be home buyers priced out of their own cities. The idea, according to the Wall Street Journal, is based on the strategy institutional investors followed after the housing market crashed when they snapped up single-family homes across the country at rock-bottom prices. Similarly, with the aid of new real estate tech […]

The 10 most liveable cities in the world

Posted: 18 Aug 2018 10:31 AM PDT

America just isn’t that liveable compared to the rest of the world it seems. The annual global “liveability” ranking of cities saw the top 10 spots mostly split between Australia, Canada and Japan, according to CNBC. No American city made the top 20. The ranking is put together by the Economist Intelligence Unit and includes 140 cities in a process which considers healthcare, culture, infrastructure, crime and conflict, and education among others as factors in […]

U.S. home prices grow at slowest rate in two years: report

Posted: 18 Aug 2018 09:00 AM PDT

The rate of price growth for homes across the country cooled in July for a fifth consecutive month, according to a recent Redfin analysis. The national median sales price grew at an annual rate of 5.3 percent last month (with median value logged at $307,400), as the brokerage noted in its report cited by Mansion Global. July’s slowdown is notable for reaching a low not seen since September 2016. Seattle, Portland and San Jose were […]

Airbnb’s new concept offers olive branch to landlords, property managers while riling up residents

Posted: 18 Aug 2018 08:00 AM PDT

Airbnb is getting into multifamily rentals, though controversy continues to dog the tech company. The short-term rental giant has quietly laid the groundwork to operate rentals en masse out of 14 building complexes by 2020, according to Bloomberg. So far, Airbnb is operating two branded buildings in Nashville and Kissimmee, Florida, To execute the new business, Airbnb partnered with Miami-based developer Newgard Development Group for the venture now known as “Niido Powered by Airbnb,” which […]

Will the White House get a say in who moves into the unit adjacent to Trump?

Posted: 18 Aug 2018 07:00 AM PDT

The chairman and CEO of MidFirst Bank Jeff Records is moving out of Trump Tower. The billionaire plans to list his Trump Tower apartment, 64/65 AB–an assemblage of two units adjacent to President Donald Trump’s penthouse triplex–for $24.5 million, according to the New York Post. The sale raises the question of how much control the White House will have in determining who Records’ buyer is. After all, as one source told the Post, “What is […]

Tribeca townhouse linked to John Lennon and Yoko Ono’s invented country sold

Posted: 18 Aug 2018 06:00 AM PDT

The house at the center of John Lennon and Yoko Ono’s self-declared country, Nutopia, recently sold for about $8 million. The singer and his wife announced their new country and its Tribeca embassy at 1 White Street on April Fool’s Day in 1973 as part of an attempt to allow Lennon to stay in the country, according to the New York Post. They asked the United Nations to recognize Nutopia as a country and grant […]