The Real Deal - New York Real Estate News

Bezos’ Blue Origin pitches “mixed-use business park” in space by end of decade

Posted: 30 Oct 2021 01:00 PM PDT

Jeff Bezos’ latest venture, a “mixed use business park,” won’t show up on LoopNet listings anytime soon. Bezos’ Blue Origin said this week that it plans to build what would undoubtedly be the most exclusive commercial space in the solar system — a space station in orbit around Earth, according to NPR. Amenities would include weightlessness and of course a spectacular view. It would also be 310 miles from the closest highway or train station.

Architect quits over billionaire donor’s “destructive” dorm design

Posted: 30 Oct 2021 12:27 PM PDT

A well-respected Southern California architect has quit his post on the University of California, Santa Barbara’s design committee while tearing into plans for a new dormitory that he says packs students in like sardines and leaves them without a necessary amenity — windows. The Santa Barbara Independent reports that Dennis McFadden, who has spent 15 years on the committee at the school, was flabbergasted by the plans for the 11-story, 1.68-million-square-foot structure that cram 94

West End market slams lux condo for trashing sidewalk

Posted: 30 Oct 2021 10:39 AM PDT

A garbage war is brewing between a West End grocer and a Dermont-owned luxury tower that the store owner claims is piling up massive amounts of trash bags in front of his business for more than 24 hours at a clip. The New York Post first reported that Avi Kaner, owner of the Morton Williams supermarket at West End Avenue and 60th Street, has been complaining to reps from 21 West End Avenue, a 48-story

China tells Evergrande founder to repay debt on his own

Posted: 30 Oct 2021 09:00 AM PDT

Chinese authorities have a message for Hui Ka Yan, the founder of Evergrande: The buck stops with you. Chinese authorities issued a directive for him to use his personal wealth to help pay off some of the sprawling property developer’s debt, Bloomberg reported. The order came after Evergrande missed a coupon payment for a dollar bond on Sept. 23. Evergrande’s liabilities swelled to as much as $300 billion at the end of June. Hui wouldn’t

This rare Caravaggio is up for grabs, complete with a Roman villa

Posted: 30 Oct 2021 07:30 AM PDT

It isn’t the Sistine Chapel, but one ceiling mural in Italy is threatening to upend historical housing records. Villa Aurora in Rome has hit the market at $546 million. Artnet reports the high price tag on the home is largely owed to the built-in Caravaggio mural, the only ceiling painting ever created by the artist. The painting created near the end of the 16th Century shows Roman gods Jupiter, Neptune and Pluto posing with their

Ex-Broncos coach Shanahan sells Denver’s priciest home

Posted: 30 Oct 2021 06:00 AM PDT

Former Denver Broncos head coach Mike Shanahan just sold Denver’s priciest single-family home.. Shanahan and his wife, Peggy, sold their home in the wealthy suburb of Cherry Hills Village for $15.7 million, topping the prior record of just under $14 million set in 2008, according to the Wall Street Journal. It’s still a tad below the most expensive residential deal in the metropolitan area, recorded last March, a penthouse at the Four Seasons Private Residences