Real Estate

At the chaotic onset of the Covid pandemic, art world heavy hitter Rashid Johnson decamped New York City for his home in the Hamptons, according to a recent profile in Architectural Digest. However, it looks like the multidisciplinary conceptual artist, whose energetic 2016 work “Color Men” sold at auction a few years ago for half-a-million
0 Comments
The Los Angeles neighborhood of Encino has always been upscale, but the area’s dramatic transformation from red-headed stepchild of SoCal’s luxury markets to favored playground of the rich and mega-famous in recent years has been nothing short of remarkable. The latest celebrity to join the flock is songstress and occasionally controversial influencer Madison Beer, who
0 Comments
After selling his custom-built Montecito compound for $44.5 million last month, Rob Lowe is reinvesting his profits back into real estate. Two weeks ago, he bought a $3.75 million contemporary home in Beverly Hills, and now the “Parks and Rec” star has picked something new in Montecito, too — a $5.2 million fixer-upper that’s a
0 Comments
2020 may be an abomination, but it’s not a total write-off. At the very least, TV gods have gifted audiences with plenty of new series to distract from the devastation, chaos and tragedy this most recent trip around the sun has brought. Though not all critic favorites, “Perry Mason,” “Ratched,” “Emily in Paris,” “Upload,” “Hollywood,”
0 Comments
The 1970s are, perhaps unfairly, oft derided when it comes to style. Modern sensibilities say the decade took a deep dive into the Mariana Trench of bad taste where interior décor is concerned. Linoleum floors, avocado tiles, fake wood paneling, lava lamps, shag carpets and statement stone fireplaces populated the disco wonderland of design debacles
0 Comments
There’s a livelier new vibe at 299 Park Ave., Fisher Brothers’ 44-story office tower between East 48th and 49th streets. The new look reflects renewed energy up and down the iconic commercial corridor from East 40th to East 59th street following several years of decline. As part of a just-completed $20 million capital-upgrades program, 299
0 Comments
The arrival of social media has changed the very nature of celebrity; today, believe it our not, Instagram and Tik Tok clout is the highest form of advertising currency. Young consumers have always tended to distrust major corporations, but it’s only recently that marketers have pivoted to target the all-important Gen-Z and millennial demographics through
0 Comments
As people look for housing with more space, lumber prices are increasing. In September, softwood lumber prices rose 28.6% (seasonally adjusted), according to the Bureau of Labor Statistics’ Producer Price Index. This represented the fourth consecutive month-over-month increase. Shortages related to the pandemic and the Western fires contributed to this decline, as did an increase
0 Comments
eGuide Sponsored by Elevant 3 Simple Strategies to Solve COVID Challenges As a commercial building owner, you are facing unprecedented challenges in the wake of COVID. Most notably, increased operating expenses and reduced cash flow. This guide reveals 3 strategies to overcome COVID-related challenges while cutting costs and helping tenants return to your properties. Browse
0 Comments
It’s no secret that the rich and famous are abandoning New York City in droves, pursuing greener, less crowded pastures elsewhere in the country. The latest celebrity to join the Manhattan exodus is attorney, television news personality and Republican Party darling Kimberly Guilfoyle — n Donald Trump advisor and current flame of Donald Trump Jr.
0 Comments
MIAMI—Developers of mixed-use communities across the country have had to get extra creative in order to engage residents and visitors in a safe way as COVID-19 concerns continue. Those ideas have ranged from expanded outdoor dining to new amenities, and according to a source, we might even see holiday activities and performances popping up in
0 Comments
Despite the pandemic, interest still remains for new construction, especially in the warehouse/logistics sector. As the construction industry recovers from the initial impact of the pandemic, project volume is trending upward. There is still a market for new construction, especially in the warehouse/logistics sector, as well as a demand for large-scale renovations as investors seek
0 Comments
“What did I expect?” asked Lorraine Bracco in the intro to “My Big Italian Adventure,” which premieres Friday, Oct. 30, on HGTV. The reality show follows the 66-year-old, Brooklyn-born “Goodfellas” and “Sopranos” actress as she renovates an ostensible dream home she purchased in idyllic Sicily, the birthplace of her grandparents, for the nominal sum of
0 Comments
BEVERLY HILLS, CA—Kennedy Wilson revealed that it has acquired 880 units across three multifamily properties in an off-market transaction for $198 million. The communities expand Kennedy Wilson’s multifamily portfolio focused on institutional-quality, garden-style apartment properties in rapidly growing markets across the western United States. According to a prepared statement, the company’s value-add asset management plans
0 Comments
As the pandemic crunches schools’ budgets around the country, their real estate holdings may be a key to unlocking liquidity and reducing occupancy costs. “The pandemic is fast-forwarding business models that were already pivoting to take into account declining enrollments, reductions in state funding, higher debt loads and more distance learning,” stated Andy Graiser, co-president
0 Comments