The Real Deal - New York Real Estate News

Look up! Jonah Hill lists Noho condo for $11M

Posted: 12 Mar 2022 12:32 PM PST

The Manhattan loft owned by “Don’t Look Up” star Jonah Hill has hit the market for $11 million. The New York Post is reporting the 38-year-old actor, who purchased what was then a four-bedroom, four-bath Noho home in 2015 for just over $9 million, since converted it to an expansive three-bedroom that had been on and off the rental market between 2019 and 2021. The condo, inside the Schumacher building, features the highest ceilings in

A London of Russian oligarchs says good-bye to all that

Posted: 12 Mar 2022 12:00 PM PST

Londongrad is falling down. The U.K. has put the squeeze on wealthy Russians with measures aimed at the top slice of a London real-estate market already rattled by Moscow’s brutal invasion and sliding stocks, the Wall Street Journal reported. It froze assets tied to oligarchs who own London mansions and some lawmakers are calling for the government to seize and sell those homes. That’s not all: It shut down a visa program that gave wealthy

Victorian Flatbush mansion lists for a whopping $13M

Posted: 12 Mar 2022 10:43 AM PST

A more than century-old, 22-room mansion in Victorian Flatbush has hit the market for nearly $13 million — a more than $10 million upcharge from its previous sale. The Wall Street Journal is reporting the 11,400-square-foot home was purchased in 2017 by architect Stephen Tanenbaum for $2.75 million, who subsequently spent three years and $3 million sprucing things up. Tanenbaum, who according to the report is the principal architect at high-end renovator Set Architecture, repaired

Judge temporarily halts Oregon’s ban on real estate “love letters”

Posted: 12 Mar 2022 09:00 AM PST

Oregon’s nine-week ban on real estate “love letters,” the first in the nation, didn’t get much love from a federal judge. U.S. District Judge Marco A. Hernández issued a preliminary injunction blocking the law, saying it violates the First Amendment by restricting free speech, the Oregonian/OregonLive reported. The letters are notes written to homeowners by prospective buyers, often to request a seller accept a less competitive offer. The order follows a federal lawsuit filed by

Elon Musk no longer owns any homes in California

Posted: 12 Mar 2022 08:24 AM PST

California is a lot less Musky. The Wall Street Journal is reporting that billionaire Tesla founder Elon Musk has off-loaded all of his properties in the Golden State less than two years after he not-so-cryptically announced on Twitter that he would cease being a homeowner. The SpaceX CEO tweeted “I am selling almost all physical possessions. Will own no house” back on May 1, 2020, and a firesale of the seven homes he and limited

One-room spud hotel in Idaho draws rave reviews

Posted: 12 Mar 2022 06:00 AM PST

A six-ton potato big enough for a queen-size bed has drawn hundreds of visitors to a 400-acre farm in Idaho, where it rents for $200 a night. The Big Idaho Potato Hotel, a 28-by-12-foot windowless tuber available on Airbnb, has a custom-built bed, mini fridge, air conditioning, power outlets and a turntable with old vinyl records, according to Atlas Obscura. It’s 20 minutes south of Boise. The potato has a silo that’s been turned into

Developers land financing for Newark affordable housing

Posted: 11 Mar 2022 03:29 PM PST

An affordable housing project is taking root in Newark after the developers secured $42 million in construction financing. The team of L+M Development Partners, Type A Projects and MSquared closed on the financing package earlier this week, Real Estate NJ reported. Construction at 250 Georgia King Village is expected to begin within a few weeks. The project is set to bring 78 affordable housing units near Newark’s University Hospital. About 20 percent of the units

Compass agent wins bidding war for $3.5M West Village condo

Posted: 11 Mar 2022 02:00 PM PST

Stephen Ferrara thinks he knows the West Village as well as anyone. And he has the courage of his convictions: The veteran agent just closed on an apartment there for $3.55 million after offering more than the asking price without even seeing the place. A 15-year neighborhood resident, Ferrara is also the co-founder of the Hudson Advisory Team, one of the highest grossing real estate teams in the city. So when he saw a condo