The Real Deal - New York Real Estate News

The cost of natural disasters last year? $91B

Posted: 09 Feb 2019 01:00 PM PST

Natural disasters caused $91 billion in damage to the United States last year, a federal government study has found. Amid growing global concern for climate change, the National Oceanic and Atmospheric Administration analyzed the aftermath of 14 natural disasters that occurred during 2018, and found that it was the fourth most costly year on record for such events, as reported by CNBC. The most devastating events were the California wildfires, Hurricane Florence in the Carolinas […]

PHOTOS: Underground mansion in Las Vegas asks $18M

Posted: 09 Feb 2019 12:00 PM PST

The Doomsday Clock says it’s two minutes to midnight. Could that be why an underground mansion in Las Vegas is asking more than 15 times its previous price? Just a few miles east of the Las Vegas strip – and 26 feet down – is a 15,000-square foot luxury bunker, built in the 1970s, which returned to the market last month. The current asking price in $18 million, although the property sold for just $1.15 […]

Japan’s answer to Aspen is drawing skiers and foreign developers to its slopes

Posted: 09 Feb 2019 11:00 AM PST

Nestled on the island of Hokkaido, the picturesque winter resort town of Niseko is emerging as Japan’s answer to Aspen. Its surging popularity has drawn interest from Australian and Asian developers who are flocking to build luxury hotels and chalets, according to a report in the Wall Street Journal. “Niseko will end up at the top of the global destinations,” Eyal Agmoni, who leads a private equity firm active in the town’s development, told the […]

Express delivery: Pritzker, Emanuel urge Amazon to reconsider Chicago for HQ2

Posted: 09 Feb 2019 10:00 AM PST

Gov. J.B. Pritzker and Mayor Rahm Emanuel asked Amazon executives to take another look at Chicago after news broke Friday the tech giant might be reconsidering its plan to bring 25,000 jobs to Long Island City in New York. Pritzker “immediately called Amazon” once he read a report from Washington Post saying the company might back out of New York, Crain’s reported. The governor made a “full-throated pitch” to the company leaders and “assure[d] them […]

For sale: About $2 billion worth of Italian real estate

Posted: 09 Feb 2019 09:00 AM PST

Italy is looking to sell up to $2.1 billion worth of its real estate in an attempt to rein in its debt. The country’s finance ministry is identifying state-owned properties that could be sold, including army barracks, hospitals and office buildings that are no longer used, according to Bloomberg. Figures released last month show that the country has fallen into its first recession since 2013, and economists forecast that growth this year will be far […]

Annie Leibovitz’s former West Village home is on the market as a pricey rental

Posted: 09 Feb 2019 08:00 AM PST

A West Village townhouse that once belonged to photographer Annie Leibovitz has hit the rental market — for a steep $12,600 a month. The home, at 311 West 11th Street, is one of three adjacent properties that Leibovitz purchased over the course of several years, Curbed reported. The townhouse was reportedly used as a guesthouse, while the others were her home and studio. Corcoran’s Steve Gold and Viktoria Wiberg have the listing. Leibovitz began assembling […]

Jeremy Piven is culling his portfolio with sales in LA and NYC

Posted: 09 Feb 2019 07:00 AM PST

One of the stars of HBO’s hit show “Entourage” is looking to slim down some of his extra baggage. Jeremy Piven sold his home on Malibu Road for $6.6 million late last month, Variety reported. He’s now also looking to sell his duplex penthouse in New York City for $7.75 million. In Malibu, the actor unloaded a 4,400-square-foot pad with four bedrooms and four bathrooms. It also features 50 feet of beachfront. The three-story home […]

Ellen DeGeneres has closed $150M in real estate deals in last 2 years

Posted: 09 Feb 2019 06:00 AM PST

Ellen DeGeneres loves real estate so much she wrote a book about it. The talk show host also starred in her own HGTV show, “Ellen’s Design Challenge.” And she launched a lifestyle brand that sells curated furniture and linens, called “ED by Ellen.” Over at least the past two years, DeGeneres has been the biggest celebrity playing in the real estate game in Southern California, said Zach Goldsmith, an agent at Hilton & Hyland. Just […]