The Real Deal - New York Real Estate News

Old West replica town in… New Zealand? hits the market for $7.5M

Posted: 28 Jun 2020 11:00 AM PDT

Every once in a while, a property home to a real or replica Old West town hits the market. Usually they’re actually in the American West. Not this one. Rob Bartley has listed a replica of an 1860s Wyoming frontier nestled in a 900-acre ranch on New Zealand’s North Island, according to Bloomberg. That’s 7,500 miles or so from Wyoming. Bartley, who bought the property from a friend for about $5 million in 2012, is

Nearly 140,000 businesses on Yelp remain closed since coronavirus hit

Posted: 28 Jun 2020 09:00 AM PDT

Nearly 140,000 U.S. businesses that closed since March 1 remain shuttered, and just over 40 percent of them have closed for good. Yelp’s latest report on businesses listed on the platform show that more retailers closed than any other businesses during the coronavirus pandemic, but a higher number of restaurants are closing permanently, according to the Wall Street Journal. Nearly 27,700 retailers closed and 35 percent of them marked themselves as permanently closed. While just

Some 2.2 million of the world’s restaurants could close

Posted: 28 Jun 2020 06:00 AM PDT

Some 2.2 million restaurants worldwide could close in the near future, and that’s a low estimate. Restaurants across the price spectrum are watching bills pile up and sales flounder in the months since the coronavirus pandemic brought the industry to a near standstill, according to Bloomberg. Consulting firm Aaron Allen & Associates estimates there are 22 million restaurants worldwide and that 10 percent of them will shutter and 20 percent or more will go through