The Real Deal - New York Real Estate News

Unbuilt Scottsdale mansion asking $32M, priciest in Arizona

Posted: 12 Jun 2022 12:00 PM PDT

The most expensive home for sale in Arizona hasn’t been built. Jerry Smith, the founder of Arizona credit card company Integrity Payments, and his wife, are building a 17,267-square-foot home on a vacant two-acre lot in Scottsdale’s gated Silverleaf community, the Wall Street Journal reported. It’s being marketed with an asking price of $32 million. Smith bought the empty lot for $3 million after selling his company and the couple decided to build the home

Bob Saget’s Brentwood home hits market for $7.75M

Posted: 12 Jun 2022 09:08 AM PDT

The Los Angeles home of the late comedian Bob Saget will soon hit the market for more than $7.75 million. The Wall Street Journal is reporting the “Full House” star’s six-bedroom, 6,600-square-foot Brentwood estate will be listed by his real-estate agent nephew Adam Saget of Compass. The host of “America’s Funniest Home Videos” bought the home in 2003 for $2.895 million and lived there with his three daughters and, some years later, his second wife,

Billionaire Ellison turning Hawaii’s Lanai into “playground for the rich”

Posted: 12 Jun 2022 09:00 AM PDT

A billionaire’s presence on a Hawaiian island is pushing out longtime residents. Larry Ellison, the co-founder of Oracle and the world’s 11th-richest person, bought 98 percent of Lanai in 2012 for $300 million, Bloomberg reported. The purchase of the 90,000-acre island came with the two Four Seasons resorts that provide jobs and homes for most of the island’s population, making Ellison a landlord or boss for most residents – and both for some. Ellison owns

Talking Garbo: Greta’s apartment hits market for $7.25M

Posted: 12 Jun 2022 07:55 AM PDT

Garbo gawks! The floor-through co-op on E. 52nd Street where legendary actress Greta Garbo lived for 40 years until her death in 1990 is on the market for $7.25 million — more than $1 million less than it last sold for back in 2017. The New York Post is reporting the home the Swedish-born sex symbol of Hollywood’s silent age bought back in 1954 was on the market for $5.95 million back in 2017 but

Most expensive homes listed in each state of the US

Posted: 12 Jun 2022 06:00 AM PDT

Home to many of the wealthiest people in the world, the US is no stranger to luxury homes. With the spike in luxury home sales across the country over the past two years, Point2 took a look at the most expensive homes for sale in every state. In California, the most expensive home for sale is a 25,000-square-foot, 16-bedroom, oceanfront home in Malibu. The mansion at 33550 Pacific Coast Highway has 22 bathrooms, a gym,

Key Biscayne estate featured in “Miami Vice” rents for $100K a month

Posted: 11 Jun 2022 12:00 PM PDT

A mystery tenant has agreed to lease a Key Biscayne estate featured in the 2006 film “Miami Vice” for $100,00 a month — and it’s not even the area’s priciest rental. Located on a 36,355-square-foot private peninsula on Mashta Island, between Biscayne Bay and Smugglers Cove, the 8,234-square-foot home at 400 South Mashta Drive boasts 480 linear feet on the water and a 70-foot concrete dock big enough to accommodate a 120-foot yacht. Altara Properties’

Off to the races: Gold Coast home where thoroughbreds train for $10M

Posted: 11 Jun 2022 11:20 AM PDT

A Gold Coast home featured in the Martin Scorcese film “The Wolf of Wall Street” where dozens of thoroughbred horses have been trained for races has hit the market for $10 million. The New York Post is reporting the five-acre equestrian estate on Calf Farm Road in Mill Brook, Long Island, features paddocks, a riding ring, and a 10-stall stable where thoroughbreds have been trained for events such as the Belmont Stakes, the third-tier of

Own an island on New Hampshire Lake for $3.4M

Posted: 11 Jun 2022 09:11 AM PDT

It’s a bridge not too far. A lakeside property in New Hampshire comes complete with its own private island where a three-bedroom home awaits just 200 feet — or a two-minute boat ride — away. Realtor.com is reporting the property on Lake Winnipesaukee in Moultonborough, New Hampshire includes Hermit Island, a spud of land with one home on it that can be subdivided to add another. Originally a simple retreat, the home has been renovated

Wealthy New Yorkers driving up Hudson Valley farmland prices

Posted: 11 Jun 2022 09:00 AM PDT

Count farmers among the Hudson Valley residents being displaced by wealthy New Yorkers who fled the city during the pandemic. Demand for properties, especially farms, has surged as people make all-cash offers, paying above asking price for land and squeezing out local farmers, the New York Times reported. The median listing price for farms, ranches and undeveloped land in Columbia County jumped by 62 percent from January 2020 to January 2022, the Times reported, citing

Study says single-family homes cost $35,000 more to build than 4 years ago

Posted: 11 Jun 2022 07:25 AM PDT

A new study reveals the cost to build an average-sized single-family home in the United States has risen 42 percent since 2018. MarketWatch is reporting materials to build a new home now cost $35,000 more than they did four years ago, according to the Bank of America study “Who Builds the House,” which detailed the average cost of 14 components that go into building a house. At the top of the list was lumber, which