The Real Deal - New York Real Estate News

Google opens new Pier 57 to employees, public

Posted: 23 Apr 2022 01:19 PM PDT

The search (and wait) is over. Google’s new campus atop a pier that juts out into the Hudson River officially opened to workers and the public earlier this week. According to the New York Post, the 630,000-square-foot space on Pier 57 in Chelsea features three buildings for 450 employees — as well as a two-acre publicly accessible rooftop park along with a food hall and an outdoor screening area for movies during the Tribeca Film

Windows shopping: Nightingale offering SoHo building leased by Microsoft

Posted: 23 Apr 2022 11:26 AM PDT

Technically, it’s a chance to be Microsoft’s landlord. Nightingale Properties, led by Elie Schwartz and Simon Singer, is offering the SoHo building it has leased entirely to the tech behemoth founded by Bill Gates. Bids on the property, which features 63,000 square feet of office space atop 18,000 square feet of vacant retail space at 300 Lafayette Street, are expected to come in at $200 million — or about $2,444 a square foot, according to

Iowa “Field of Dreams” owners plan $80M youth baseball development

Posted: 23 Apr 2022 10:00 AM PDT

If you build it, tourists will come. That’s the theory, at least, held by the new owners of the Dyersville, Iowa, farm where the 1989 film “Field of Dreams” was shot, who are betting that an $80 million development on the site will be a homerun with baseball enthusiasts. An investment group led by baseball Hall of Famer Frank Thomas and Illinois real estate developer and video poker magnate Rick Heidner, which bought the farm

Ell Macpherson’s Florida home hits market for $29M

Posted: 23 Apr 2022 09:24 AM PDT

Supermodel Elle Macpherson has put her Coral Gables estate on the market for $29 million. According to the Wall Street Journal, the five-time cover model of Sports Illustrated’s swimsuit issue purchased the six-bedroom, 8,300-square-foot home for $8.1 million in 2018. The property, which sits on 1.7 acres of land inside Journey’s End, a gated community outside of Miami, features an office and gym, as well as manicured grounds, a pool, and a boat slip at

Lake Tahoe estate asks $100M in bid for Nevada record

Posted: 23 Apr 2022 08:00 AM PDT

A massive Lake Tahoe estate hit the market asking $100 million and could be Nevada’s priciest home sale ever. Bluth Development founder Chuck Bluth and his wife, Cindy, spent around $26 million building the roughly four-acre estate in the early 2000s, the Wall Street Journal reported. The 20,000-square-foot, four-bedroom home is Nevada’s most expensive listing, and would set the state’s sale price record if it closes at or near asking, listing agent Jean Merkelbach of

Mortgage tech firm lays off 200 as rates surge, industry slumps

Posted: 23 Apr 2022 06:00 AM PDT

A digital lending platform is laying off 200 employees as a historic surge in mortgage rates tamps down applications. Blend Labs is letting go of roughly 10 percent of its staff to shed $34.5 million in annual payroll, according to a regulatory filing reported by Inman. Company leadership previously forecast cost-cutting measures as interest rates climbed and the industry braced for a dive in mortgage applications. Co-founder and CEO Nima Ghamsari said the laid-off Blend