Forget private islands — now you rent out an entire private mountain for yourself. As part of a special one-time listing, vacation-rental company Vrbo is offering outdoor adventure seekers the opportunity to book a brand-new five-bedroom ski chalet in Beaver, Utah — along with the entire ski resort and mountain that surrounds the property. The
Real Estate
Today’s professional workplace is continuing to undeniably undergo a dramatic transformation. Since the onset of the pandemic, companies have been required to evolve countless practices and implement new policies for a positive impact on the industry and continued success. Companies across all industries have transitioned to full online operations, added innovative technology for streamlined processes,
One of the first mansions built in the historic and prestigious if somewhat unheralded (and arguably under-rated) Fremont Place enclave, due south of L.A.’s fancy-pants Hancock Park neighborhood, has been sold by powerhouse film and television producer Jason Blum and writer Lauren Schuker Blum in a clandestine off-market deal valued at $11.4 million. The sale
Large coastal markets will face the most challenging path forward, according to a new special report from Marcus & Millichap. In its latest data from Beyond the Global Health Crisis fourth quarter report, Marcus & Millichap notes that Northeast and West Coast with large population centers will face the most challenges regaining normalcy following the
Jane Goldman, the only female billionaire/heiress running a real estate firm, has sold her Upper East Side digs for $11 million, sources tell Gimme exclusively. The buyer is fellow real estate honcho/heir William Zeckendorf. The third-floor, six-bedroom, 5½-bath spread at 960 Park Ave. first went on the market last year for $12.75 million. The 12-room,
House flipping Bravolebrity Jeff Lewis is up to his old tricks again — the “Flipping Out” star has put another house up for sale, this one a large, sprawling compound in L.A.’s celeb-favored San Fernando Valley enclave of Sherman Oaks. But this time, the serial entrepreneur and radio show host’s latest flip isn’t really a
Today’s global travel sector, which many characterize as being “on the brink of collapse,” is simply unprecedented. Seven months into a 100-year worldwide pandemic which caused a swift, wide, and deep economic recession has decimated key travel and leisure related industries including airlines, car rentals, cruise lines, ridesharing, and tour operators. While stock markets have
Though all successful, professional leaders share the similar qualities of ambition, financial prowess and people skills, there are the one-in-a-million professionals who lead by example as inspirational, innovative executives. These rare individuals are not only profoundly accomplished within their field, but they serve as a boon for their organizations and the people within it. They
Take a virtual walk through this 3,161-square-foot property in Kentucky, and you’ll find a bathroom with two toilets next to each other, two kitchens and a warehouse stocked with used books, DVDs and CDs. But will you find the bathtub? Locating that specific, and basic, fixture has become the subject of a new online game
The pandemic has triggered a slew of changed for the commercial real estate industry, and lease structures are no exception. Gary Glick, a partner at Cox, Castle & Nicholson LLP, has spoken about new lease provisions that are on the table at retail lease negotiations. One push from tenants is to link rent to gross
Having already significantly upgraded, it’s none too surprising that comedian turned Hollywood polymath Nick Kroll has hoisted his former home in L.A.’s Los Feliz area up for sale at close to $2.35 million, nearly $900,000 more than the $1.475 million the famously sophomoric standup comedian and busy voiceover artist (“The League,” “Sausage Party,”) paid for
Plymouth Industrial REIT and Madison International have formed a $150 million equity joint venture to acquire value-add and opportunistic industrial properties. Plymouth will own a 20% interest in the joint venture, and Madison will own an 80% interest. The JV is an expansion of the two companies’ existing relationship, which began in 2018 when Madison
Like most Americans, Chris Pappas, associate director with Marcus & Millichap’s Net Lease Division, is keenly attuned to what is happening in the Presidential race. If former Vice President Joe Biden wins, Pappas is prepared for the demise of the 1031 exchange program. In July, Biden proposed ending 1031 “like-kind” exchanges for investors with annual
Well before the coronavirus disrupted Miami’s condo market, luxury developers were pushing a cutting-edge amenity: on-site concierge medical services for residents. Now, with so many people avoiding crowded doctors’ offices, those forward-thinking wellness amenities have become hits with buyers. The 126-unit, Piero Lissoni-designed Ritz-Carlton Residences on Miami Beach come with an exclusive one-year membership to
Cathy Janke is a senior vice president for commercial real estate lending at Capital One. Based in Dallas, Janke will be responsible for originating and managing both agency and balance sheet loans. Cathy Janke, Courtesy photo What has been your biggest challenge or obstacle as a woman in your particular role? I would say my biggest challenge
Indie filmmaker and occasional actor Eli Roth, one of the Splat Pack, a loose collection of filmmakers known for their gleefully gory and ultra-violent low-budget horror films, has put his dramatically sited home in the Hollywood Hills up for grabs at close to $3.5 million. The horror genre specialist— his film “Cabin Fever” was the
The world is changing. The climate, economy, and technology are all changing. Ten years ago, the idea of a commercial real estate owner using their roof as a solar tenant space seemed complicated and expensive. But as we’ve already stated, things change. Why is Rooftop Solar a Better Investment Now than in the Past? The
Downtown Flushing is one of the city’s most dynamic commercial districts, bustling even during the pandemic and rumbling with new construction. But one thing it doesn’t have is a useable waterfront, even though its hotels, restaurants and malls are just a few minutes’ walk from Flushing Creek. Now, three Queens real estate companies — F&T
HOUSTON—Most people have been working virtually for about eight months and an early analysis of the work from home experiment proves that it is succeeding. In fact, some companies have announced that employees can work at home forever while others have pushed return to office dates deep into 2021. What does this mean for the
Los Angeles is known for being one of the top markets for apartment conversion projects. In other words, dated or out-of-use buildings in Los Angeles are often transformed into apartment units—a highly in-demand asset class in the market. Following the pandemic, which has substantially hampered hotel revenues, hotel properties could become the next favorite asset
“Everyone who goes inside this house either comes out cracked up or doesn’t come out at all!” So says Karim Washington (Kingsley Ben-Adir) of the San Francisco residence at the center of season two, or “Part II” as it is stylistically named, of the Netflix sci-fi mystery series “The OA.” Purported to be at 828
Amazon’s Prime Day benefits brick-and-mortar retail as well, a new study shows. This year, Prime Day—October 13 and 14—drove offline visits, according to data from Placer.ai. The activity illustrates how general excitement around a retail event can benefit sales both online and offline. During the two-day event, Walmart, Target, Whole Foods and Best Buy all
Rents for sky-high buildings have fallen to decade lows. Median Manhattan rents dropped to $2,990 in the third quarter — marking the first time that figure has dipped below $3,000 since 2011, according to a market report released Friday by real-estate listings portal StreetEasy. This downward trend is picking up steam from 2020’s second quarter,
During the last six months, The Federal Reserve has acted aggressively to thwart the COVID economic crisis. It pushed interest rates to near zero and purchased massive amounts of securities. Add these moves to the $2.2 trillion CARES Act, and you have an enormous increase in money supply and the federal budget deficit. In a
They say that it’s the little things that make all the difference, and that’s definitely the case when it comes to putting those final, finishing touches on a space — like selecting (and hanging!) artwork. It’s typically one of the last items on a to-do list after completing a renovation or a recent move, but
Right now, there are nearly 400 vaccines for Covid-19 in development. When some of those are approved for widespread use, they’ll need to be stored and distributed from temperature-controlled spaces. Companies are already lining up giant cold storage facilities, also known as freezer farms, to securely store millions of vials of a vaccine, according to
In an effort to get iPhone 12 models to consumers during the pandemic, Apple is expanding its Express store concept, according to Reuters. Express stores will have a wall built in front of its store with sales counters protected by plexiglass. The stores will have shelves of accessories, which could include phone cases and AirPods,
One man’s trash is another man’s treasure. In affluent Fresh Meadows, Queens, a four-bedroom home that nearby residents have long considered an eyesore — and which marketed with a viral collection of “scariest listing photos ever” — has sold for $720,000, The Post has learned. The deal closed in late September for the 2,640-square-foot house
“We’re seeing actual population shifts,” William Spransy, CFO of North Carolina-based Eller Capital, tells GlobeSt.com. “I believe demand is still extremely strong in the Carolinas as the pandemic has only accelerated the trend of migration out of the more densely populated areas to lower cost and lower density regions of the Southeast.” As people move,
Every cloud has a silver lining. Though Jennifer Lawrence lost a mammoth $5.7 million on the sale of her Upper East Side penthouse in July, she was quick to drown her sorrows in another lavish Manhattan home — a brand-new West Village townhouse that she bought in an off-market deal for a hefty $21.9 million.
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