In December, President-elect Donald Trump and SoftBank CEO Masayoshi Son announced $100 billion in US investments to create more than 100,000 new jobs in artificial intelligence and related infrastructure. Then, last week, Hussain Sajwani, the chairman of Dubai-based luxury property developer Damac, stood by Trump at Mar-a-Lago to announce a $20 billion investment in the Midwest and Sunbelt for AI data
Real Estate
The California wildfires are still ravaging the Los Angeles area a week after they started. The stories of residents who live in the area and have lost everything are heartbreaking. Against this catastrophic backdrop, a lucky few houses were spared; for one reason or another, these residents’ homes are miraculously still intact. But how can
Kanye West’s infamous Malibu mansion — a Tadao Ando-designed masterpiece that West left gutted and abandoned — has miraculously survived the devastating California wildfires, according to its new owner. The news was first reported by Realtor.com. West purchased the beachfront property, a once-stunning architectural marvel, in 2021 for an eye-popping $57.25 million. The rapper, 47,
There’s a new future in store for Michael Jordan’s longtime Chicago-area mansion. After sitting on the market for more than a decade, the basketball icon’s sprawling Highland Park property is becoming a luxury timeshare in the wake of selling for a fraction of its original price, according to a news release. Real estate investor John
House hunters with $1 million to spend can expect to afford vastly different properties depending on where they look—and the Midwest offers by far the biggest bang for their buck. Here is a look at what a low-seven-figure budget would get you in the Midwest, the Northeast, the South, and the West. The breakdown factors
The owners of a run-down and long-vacant hotel dubbed the “black hole of Times Square” are allegedly hundreds of millions of dollars behind on loans linked to the property — and their lenders are seeing red. Joseph and Meyer Chetrit were reportedly sued by Mack Real Estate Credit Strategies for failing to pay $223 million
Harrison Ford is among the residents of Los Angeles concerned for their home as the Palisades Fire continues to rage. The “Shrinking” actor, 82, was spotted talking with police officers on Tuesday near his $12.6 million home in Brentwood, an upmarket neighborhood of Los Angeles currently threatened by the Palisades blaze. Police were stationed at
A sprawling Hudson Valley estate once touted as a modern engineering marvel has seen its price slashed to a quarter of its original ask. Ledgerock, a 15,000-square-foot mansion perched on the banks of the Hudson River, is back on the market for $11.25 million after failing to sell for three years, according to the Wall
Call it “View” York City. A penthouse duplex perched atop a newly completed tower on the Brooklyn waterfront — not only making it the tallest waterfront residence in the borough, but also one with an impressive corridor of sights from its massive windows — is poised to list on Tuesday for $7 million, The Post
Move over, C-Note — the Manhattan high-end office market’s new exclusive club has a $200 per-square-foot admission charge. A record 28 new leases were done at rents above $200 per square foot in 2024, The Post has learned.The deals represented the top tier of the top tier. Meanwhile, there was also a record, 212 deals
Former actress Meghan Markle is inviting Netflix viewers “at home” with her upcoming cooking and lifestyle series “With Love, Meghan,” but there’s a catch. The home isn’t hers. Instead of showcasing her $14.65 million Montecito mansion, Markle, 43, filmed the series at an $8 million farmhouse just 2 miles away, owned by local philanthropists Tom
A sprawling estate perched along California’s Pacific Coast Highway has finally sold for $17.22 million after languishing on the market for nearly 15 years, according to Mansion Global. The sale was initially announced in a press release from its listing brokerage. Located outside the picturesque town of Cambria in San Luis Obispo County, the 78.5-acre
It’s safe to say no one wants to feel unsafe where they live. But with nearly 14,000 Americans having died from gun violence this year and the country having experienced $20 billion in climate disasters, 400 mass shootings, and nearly 25,000 motor vehicle deaths, it stands to reason that some cities are more unsafe than
I’ll buy there for you. The mid-century Los Angeles home that “Friends” star Matthew Perry purchased several months before his death is now in contract to sell to its next owner. However, the final sale price and identity of the buyer are not yet known. Mansion Global reports that Perry, who passed away in October
The Golden City is losing its shine. Housing prices in San Francisco have plunged to pre-pandemic levels amid widespread layoffs in the tech sector, SFGATE reports. Despite still being one of the more expensive metropolitan areas in the US, prices for condominiums and co-ops in the city were down 14.7% from May 2022 and now
Hey, Jeff, can you spare a cup of sugar? One of the most expensive pieces of real estate now on the market in the United States is a land parcel on exclusive Indian Creek Island off the coast of Miami — and a deep-pocketed prospective owner can call Jeff Bezos their neighbor. Thing is, that
Procuring a property in one of America’s many ski towns in a bid to live out your alpine dream comes—more often than not—with a hefty price tag. Big-name resorts like Vail, CO, Park City, UT, or Big Sky, MT, boast an array of beautiful and incredibly expensive homes, with prices in these areas typically ascending into the millions, if not
Call it a “Whopper” of a deal. Two Burger King franchisees have chosen to auction off their Florida mansion on Hutchinson Island that was last listed for $7.4 million, Mansion Global reports. The online sale — to be handled by Interluxe Auctions — will officially begin on Jan. 13 with a $2 million starting bid.
Break out the Cristal! Retired two-time world boxing champion Floyd Mayweather Jr. has finally found a Manhattan residence — and for a glittering $100,000 a month, to boot. The boxer-turned-real estate investor, who boasts 30 million followers on social media, is renting a sprawling, high-floor duplex inside the Baccarat Hotel and Residences at 20 W.
As a life/business coach, Tony Robbins helps people reach new heights. He apparently wants to live that way, too. Robbins is in contract to buy a splashy, glass-cubed penthouse at the Waldorf Astoria Hotel & Residences Miami, billed as the tallest residential building south of Manhattan. At 1,049 feet high, the Waldorf will be Miami’s
It’s a knockout! A landmarked, $49.5 million Gilded Age mansion in the heart of Manhattan has caught the eye of famed boxing champ Floyd Mayweather Jr. After recently touring the city’s most expensive rental, as Gimme Shelter exclusively reported — a $150,000-a-month Soho penthouse owned by former Uber CEO Travis Kalanick — Mayweather has moved his
Miami’s barrier islands are home to many tall luxury buildings, and, according to a study recently published in Earth and Space Science, about three dozen are sinking. Thirty-five luxury condos and hotels across Florida’s Sunny Isles Beach, Surfside, Miami Beach and Bal Harbour have faced subsidence in the past handful of years, the study found.
There were some shifts in the rankings for America’s hottest real estate markets for higher-end vacation homes this year compared to last, and the top spot this year saw a meteoric rise in popularity. A fresh analysis from second-home co-ownership marketplace Pacaso revealed which U.S. counties were the hottest markets for luxury vacation homes in 2024, based on increases
Hilton assured us in October that the latest postponement we recently reported in reopening the landmark Waldorf-Astoria hotel — until spring of 2025 — would be the project’s last delay. A week ago, as if to give credence to that, Hilton trumpeted that the online room reservations site would go live on Dec. 10. It
Miami Heat star Jimmy Butler is living large, shelling out over $70,000 a month to rent a sprawling waterfront mansion on Miami Beach’s exclusive Hibiscus Island, sources told the Real Deal. The six-time NBA All-Star, whose name has been swirling in trade rumors, has temporarily moved into the 8,500-square-foot property. The five-bedroom estate boasts ocean
Nestled on one of New York City’s most picturesque blocks, Bob Dylan’s former residence at 242 E. 49th St. is up for grabs at $7.25 million. This five-story Turtle Bay Gardens townhouse boasts a rich history of celebrity tenants, including Hollywood royalty, Broadway legends and Dylan — one of America’s most iconic musicians — according
The official residence of the US ambassador in Athens, Greece, commonly referred to as the Jefferson House, serves as both the ambassador’s home and a venue for diplomatic events. The exterior of the residence in Athens, Greece, where the US Ambassador resides. Athens College And it will soon be home to former Fox News personality,
From 2020 bust to 2024 boom. Manhattan’s office market mounted a stirring recovery from its pandemic doldrums, with space so tight that tenants wanting to move or expand are out of luck. Companies such as Singapore-based sovereign wealth fund Temasek, which has 27,000 square feet at the Seagram Building at 375 Park Ave., wanted to grow
The American mall isn’t dying — it’s evolving. Once the epicenter of suburban life, these sprawling shopping centers are now being transformed into mixed-use hubs, combining housing, retail and entertainment in a bold bid to stay relevant in a changing world, reports CNBC. Developers are bulldozing empty department stores like Macy’s and JCPenney, trading the
Century 21, the discount fashion department store, slimmed down from 250,000 square feet to 100,000 square feet when it reopened in May 2023 after more than two years of pandemic closure. But the ASG Equities, the real estate arm of the store’s owners, the Gindi family, went right to work finding new tenants and uses
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