The Real Deal - New York Real Estate News

Black homeowners twice as likely to lose homes and return to renting: Report

Posted: 22 Nov 2020 11:00 AM PST

Over the last three decades, Black homeowners were twice as likely as white homeowners to lose their properties and return to renting. That’s according to a recent study that found 1 in 10 Black homeowners returned to renting between 1984 and 2017, compared to 1 in 20 white homeowners, the USA Today reported. Dartmouth College researcher Gregory Sharp, who co-authored the report, said the difference could come down to the availability of extended-family wealth in

Ski resorts gear up for tough season in the shadow of pandemic

Posted: 22 Nov 2020 09:00 AM PST

Ski resort operators are gearing up for what could be a tough season. Operators are adopting measures that will be familiar to most patrons by now, according to the New York Times. Most resorts will require face coverings inside and are limiting capacity in trams. Many are also following the standard produced by the National Ski Areas Association called “Ski Well. Be Well,” which includes daily wellness checks for employees and enhanced cleaning protocols. They

Infomercial king pitches his Santa Barbara ranch

Posted: 22 Nov 2020 06:00 AM PST

Inventor and infomercial king Ron Popeil’s latest pitch is for his 150-acre Santa Barbara ranch with seven miles of trails. But wait, there’s more. Popeil, whose Ronco company manufactured and sold various cooking devices and kitchen accessories, is asking $4.9 million for the sprawling property that includes a two-bedroom home and 800 olive trees, according to the Los Angeles Times. He paid $2.1 million for the property in 2007. The ranch centers on the 1800s-era