Real Estate

The owners of Gucci on Monday bought a prime Fifth Avenue retail property for a whopping $963 million — and it could mean the boot for rival fashion house Armani from its flagship location. Gucci’s parent Kering scooped up the 115,000 square-foot, three-level retail space at 715-717 Fifth Ave., at East 56th Street, which sits

The much-ballyhooed “flight to quality” was supposed to mean one thing: frill-less Class B office buildings are left in the lurch. But that’s not exactly true. While the biggest property owners are indeed spending fortunes to kit out their glittering glass office towers like five-star hotels, half of the city’s nearly 400 million square feet

Shoppers rejoice, Big Apple retail not only survived the pandemic blues, it  thrived unlike any other sector of the city’s commercial market. Owners that could lease for less money and shorter terms did so, and those generous terms triggered a feeding frenzy for well-located spaces. “We’ve seen a fairly healthy amount of recovery,” said Gene

Owning a home with three or more bedrooms is a lot more difficult for young families these days than it used to be. Baby boomers with no kids at home now own twice the share of large homes than millennials with children, which is a significant shift from just 10 years prior, according to data

The battered San Francisco Centre is losing yet another store, marking the fifth closure in the past month and sending the shopping mall’s occupancy rate to just 25%. Clothing brand Madewell is the latest to announce a closure inside the sprawling Union Square mall — San Francisco’s largest — with a notice on its website

The Real Estate Board of New York (REBNY) is celebrating 128 years as an organization, longer than the pact that brought together the five boroughs. For the first time since the pandemic, its annual gala banquet will return to its traditional winter date in January and take place at the Glasshouse in Midtown West.  Guests

Fox News anchor Bret Baier has bid farewell to his Bermuda-style Florida haven for a cool $13.49 million. The upscale property, just a skip away from the Palm Beach Country Club, had entered the Baier family portfolio in March 2022, with a price tag of $12 million, according to Mansion Global. This sun-soaked abode, a

A rare, 46-foot warplane acting as a “garden gnome” outside a $5 million English estate comes for free with the purchase of the sprawling property. The decommissioned Harrier II jet plane — one of eight left in existence — comes as a packaged deal that comes along with Durford Edge, an 8,000 sq ft Arts and

Here’s your chance to spend eternity with Marilyn Monroe. A mausoleum crypt at Pierce Brothers Westwood Village Memorial Park & Mortuary in Los Angeles is going on the block in March, according to Julien’s Auctions of Beverly Hills. The spot — which can hold a “full body or ashes” — is located in the Corridor of Memories,

A rare bunker with roots in the Cold War era has found its way into the real estate market, carrying an asking price of $1.24 million. Nestled in Sprague, Washington, this property, constructed in 1959, once safeguarded some of America’s most critical nuclear weapons during the tumultuous time, which spanned from 1945 to 1991. The

Don’t let the door hit you in the rear. Allegedly racist Long Island squatters who apparently hadn’t paid their mortgage in more than a decade and repeatedly gamed the court system have finally gotten the boot. On Wednesday, the Nassau County Sheriff’s Office arrived to change the locks on the Friendly Lane home in Jericho

In the hills of Elverson, Pennsylvania, a fantastical dwelling that looks straight out of “The Hobbit” has just been listed for $425,000 — and it’s capturing the attention of house hunters and fantasy enthusiasts alike. This three-bedroom, two-bathroom residence, often compared to the iconic Hobbit homes, features a distinctive ‘Arch-Tech’ design with arched walls and

This onetime gorgeous estate is seeking an owner to give it a new lease on life. In Westchester County’s coincidentally named town of New Castle, a formerly glorious castle built by Abercrombie & Fitch’s co-founder, the topographer David T. Ambercrombie, is looking for a buyer who doesn’t mind fixer-uppers and has $2.9 million to spare. The

Pretty nice deal for a floating one-bedroom, eh?  Currently docked in British Columbia’s Sailor’s Cove marina, this adorable Canadian houseboat offers 377 square feet of chicly designed living space for $187,000 — much less than a home of similar size might command on land.  The “float home,” as it is repeatedly referred to in the