Uptown Madison Avenue, the city’s premier luxury shopping corridor, faces momentous change on the gilded blocks where East Midtown meets the Upper East Side. Two large office retail buildings are being demolished for new, mixed-use projects about which little is known. Meanwhile, wealthy fashionistas and even wealthier real estate investors wonder what’s to become of
Real Estate
Twenty-eight years too early is how developer Stephen Ross describes his firm’s arrival in West Palm Beach, the Florida city he’s now helping transform with a trio of new office towers, ultra-luxury condos, and soon, a university. West Palm Beach Mayor Keith A. James and leading real estate developer Stephen M. Ross at the April groundbreaking
The remote town of Deary, Idaho, where the population barely reaches past 550, has become a buzzy spot to visit, thanks to a converted historic train car that’s quite a sought-after stay for travelers. It’s a 120-year-old combination railcar that a man named Isaac French and his family restored, turning a decaying relic into a
Even for Hollywood royalty like Jennifer Lopez and Ben Affleck, the taxman cometh — and he’s not playing around. While their glitzy split is making headlines, what’s flying under the radar is the jaw-dropping tax bill that comes with their soon-to-be former Beverly Hills mansion. The sprawling 38,000-square-foot estate, now listed on Zillow for a
Rapper-songwriter, chef and TV presenter Action Bronson — who lost 130 pounds after vowing to get healthy during the pandemic — toured an 11th-floor unit at the Huron on the Greenpoint waterfront in Brooklyn recently. The family-sized, 1,626-square-foot corner condo is on the market for $3.25 million. Common charges are an additional $2,334 a month.
Welcome to the new reality of sorority life in the South, where living in luxury isn’t just a perk — it’s a necessity. At the University of Alabama, the Delta Zeta sorority house isn’t just a place to crash between classes. It’s a $17 million, 40,000-square-foot palace complete with a grand staircase, a crystal chandelier
In Bartlesville, Oklahoma, the only Frank Lloyd Wright-designed skyscraper ever successfully constructed has become mired in chaos — and is soon set to hit the market. Built in 1956, the iconic Price Tower has been struggling for some years now, but local outlets are now reporting that its owner, Cynthia Blanchard, is preparing to list
Yeshiva University plans to establish a new, state-of-the-art health sciences campus inside Herald Center, sources told Realty Check. What insiders described as a 32-year leasehold condominium purchase restores the mixed-use property across from Macy’s to 100% fully occupied. Sources said YU will have 160,000 square feet on Herald Center’s floors 5-9 as well as parts
The Massachusetts mansion, where an entrepreneur father murdered his wife and teenage daughter before turning the gun on himself, hit the market this week and was billed as the “perfect home for entertaining.” Rakesh Kamal, 57, fatally shot his 54-year-old wife, Teena, and 18-year-old Arianna during the horrific murder-suicide inside the sprawling Dover home on
Changes from a landmark settlement affecting broker commissions from America’s largest real estate trade association take effect this weekend, potentially creating a more complex and uncertain buying process for consumers, according to industry experts. The changes made under the National Association of Realtors’ (NAR) $418 million settlement, announced in March, “adds more uncertainty and unknowns to an
The cold never bothered them anyway. Homebuyers are grabbing their winter gear and flocking to far-flung Maine — where they’ve managed to drive up the median home price a bone-chilling 78.5% in just five short years, a new report reveals. According to freshly published findings from industry news site Pro Tool Reviews, The Pine Tree State
Award-winning film producer Lisa Muskat, of “Beckett,” “Bones and All” and “Joe,” is listing her Catskills home for $1.97 million. Built on a mountain, the charming three-bedroom, three-bathroom home sits on 33.12 acres. It was built in 1920 in Arts and Crafts style. Muskat bought the home, at 5280 Cauterskill Road in Catskill, NY, for
A Hamilton Heights townhouse once rented by Emmy award-winning TV personality Sherri Shepherd, of the nationally syndicated daytime talk show “Sherri,” has hit the market for $3.2 million. Shepherd is an actress best known for playing Angie Jordan in “30 Rock” and Evette Chase in “The Sex Lives of College Girls.” She is also a
For Gen Zers and millennials, sex sells out for homeownership. Gen Z is happy to give up sex if it means meeting this one huge life goal. Overall, more than a quarter of Brits would forgo sex for a whole year if it meant they’d finally have enough money to put down a deposit on
An office building once owned by John Jay Astor has sold for the first time in 82 years. Jay Properties bought 8 W. 38th St. from the Felder family for $35 million, or $250 per square foot. MIdtown office building once owned by John Jay Astor was recently sold for $35 million. Handout The buyer
The cities of the future may take the charge in progress for a very unexpected reason — with skylines doubling as massive energy storage units. And the idea? Not solar panels and wind turbines — think giant battery blocks lifted to the heavens and dropped back down to keep the lights on. Skidmore, Owings &
When you’re a billionaire, it’s not just about living large — it’s about surviving the apocalypse in style. Gone are the days when a panic room in the basement was enough to calm the nerves of the world’s elite. Now, the ultra-wealthy are turning their palatial homes into state-of-the-art fortresses, complete with all the bells
Jillian Lovato loved living in Orange County, CA, but she hated the area’s high home prices. “My wife Jamie and I knew we wouldn’t be able to buy the home we wanted in California,” Jillian explains. “We felt like we would have been stuck renting our whole lives.” So in 2021, they decided to move to
This historic Hudson Valley estate known as Overlook is where the legendary musician Billy Joel found inspiration to compose songs including “New York State of Mind,” released in 1976 — which he started to write on a Greyhound bus on his way back home to 26 Kings Road in Highland Falls, NY. This is also
New York City’s most expensive neighborhood just got even pricier. That’s according to a new study from real-estate data portal PropertyShark, which has crowned Hudson Yards on Manhattan’s far west side for the top spot with a median home sale price of $7.5 million. For nearly five years, this district — known for its shops,
The secret to a long, healthy life is just 65 miles southwest of Manhattan. Rural Hunterdon County in western New Jersey has been named the fourth-best community in the nation for health outcomes, a metric that takes into account the number of adults in poor health and life expectancy. The rolling countryside that served as the
While some older buildings atrophy, others thrive. Two new deals totaling 104,000 square feet have brought George Comfort & Sons’ 960,000 square-foot 498 Seventh Ave. to 95% occupied. Public technology firm PubMatic, Inc., signed a 60,000 square-foot direct lease. The company, which was a subtenant will roughly double its space in the first quarter of 2025.
Not many years ago — before the miserable mayoral reign of Bill de Blasio and the troubled one of Eric Adams — the Big Apple truly was “The City of Yes.” The wildly optimistic slogan Adams recently chose for his worthy but slow-moving struggle to generate new housing development belies how puny his vision is — compared with
Kanye West has finally found a buyer for his gutted Malibu mansion, but not without leaving a trail of controversy and lawsuits in his wake. The property, which the rapper bought for a whopping $57 million in 2021, is now in escrow, according to TMZ. The mansion, known for its stunning Pacific Ocean views, was
The housing market has been decidedly stuck of late. Sellers with low mortgage rates are holding on to their homes, leaving buyers with scant listings to choose from. And buyers who do find a house face substantial economic challenges as median home prices and mortgage rates remain high. With sellers and buyers at an impasse, misconceptions and outright
A majority of current renters in the US say they can’t afford to buy a home, with over half of Americans saying that they are pessimistic about ever achieving their goal of homeownership, per a new CNN poll. CNN’s study found that 86% of current renters in the United States can’t afford to buy a home
Prominent Big Apple developer Michael Shvo was slapped with a lawsuit by a disgruntled couple who plunked down $6.1 million for a pad at the Mandarin Oriental Fifth Avenue, claiming the luxury building is riddled with problems — including an “algae-infested” rooftop pool. John Goodman and his wife, Diane Johnson, alleged that the building developed
Whole Foods signed a lease for a new store in the East Village in a space that has been empty since before the pandemic, Realty Check has learned. The Amazon-owned market will open at 409 E. 14th St., which went dark after an Associated supermarket closed in December 2019, as the company rolls out a
The Jersey Shore house known for serenading beachgoers with the sweet sounds of Frank Sinatra music has finally been sold. Located on the boardwalk of Point Pleasant Beach, the not-so-humble 8 bedroom 4,000-square-foot abode was built in 1987 for the late Sony Music exec and Ol’ Blue Eyes fan Paul R. Smith, who would play Sinatra
This former fortress has a new lease on life as 26 luxury flats, all of which are now seeking buyers. In the English countryside between Sheffield and Birmingham, the meticulously renovated Riber Castle is ready for its market debut as an apartment complex that’s fit for a king. Built in 1862 as the private residence
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