The Real Deal - New York Real Estate News

Senior living operator promises vaccine with a lease

Posted: 23 Jan 2021 11:00 AM PST

As the pandemic drives down occupancy at senior living properties, a Long Island assisted living community is promising vaccines to residents who sign a lease by Jan. 26. Atria Senior Living included the promise in marketing materials for its Atria Bay Shore property and also listed 60 vaccine clinics scheduled at its U.S. properties through February, according to Bloomberg. Atria has also discounted move-in fees and offered free months of rent at many of its

London home prices hit new high

Posted: 23 Jan 2021 09:00 AM PST

London home prices just keep getting higher. The average price of a home in the city rose nearly 10 percent between November 2019 and November 2020 to about 514,000 pounds, or just over $700,000, according to Bloomberg News. That figure is based on data from the British government. There are a number of elements affecting values, including a surge in demand following lockdowns in the spring and a tax cut on home sales that can

Carl Icahn pulls plug on auction to demolish Trump casino

Posted: 23 Jan 2021 06:00 AM PST

Carl Icahn is known to blow things up, but not literally. https://www.vanityfair.com/news/2020/05/carl-icahn-is-exiting-herbalife-and-making-a-killing The activist investor is not interested in auctioning off the opportunity to demolish Atlantic City’s former Trump Plaza casino, which he owns. The billionaire’s company has instructed Bodnar’s Auction to cancel the auction, calling it a “spectacle” and a safety risk, according to Bloomberg. Icahn has agreed to raze the defunct and dilapidated casino, but a spokesperson said, “From the beginning, we thought