Real Estate

Eighty-year-old billionaire, Nicolas Puech, scion of the iconic fashion dynasty Hermès, is allegedly orchestrating a staggering succession saga that involves adopting his 51-year-old gardener. Puech, unmarried and without children, plans to legally designate his “former gardener and handyman” from a “modest Moroccan family” as his rightful heir, as reported by the Swiss publication Tribune de

The Fried, Frank annual holiday party at Cipriani 42nd Street is the one by which other real estate soirees  are judged — and the best informal barometer of the industry’s mood. The bash returned in full force on Dec. 5 after three years of Covid-influenced shrinkage. Law firm real estate chairman Jon Mechanic, the ever-ebullient

This suburban New York mansion is fit for royalty. Former Miss America Vanessa Williams lives in an 11,603-square-foot $1.75 million Chappaqua home, which will be featured on MTV’s “Cribs” on Dec. 13. The 4.45-acre Westchester County spread is so sprawling, the singer and actress uses a golf cart to retrieve her mail. A highlight of

In a city steeped in artistic heritage, a piece of history just changed hands — and under the radar, to boot. Michelangelo’s childhood home, a relic from the Italian Renaissance, quietly transitioned to new owners near Florence, Italy. While the villa exchanged hands in a hush-hush deal brokered by Building Heritage, the exact sale price

Disney’s latest venture isn’t a theme park or a movie, but a residential community in North Carolina. However, the announcement of “Asteria” has left locals with skepticism and curiosity, likening the idea to something out of a dystopian novel. Settled in Pittsboro, Chatham County — just outside the “Triangle” area of Raleigh, Durham and Chapel

The real estate crystal ball has good news to share.  This year’s stagnant market may have been defined by high rents, housing costs and mortgage rates — but it’s almost over, and the next one holds better things, according to residential real estate brokerage Redfin.  The company has released its end-of-year forecast, and would-be homeowners

The Pepsi Generation is on the move. Mauro Porcini, chief design officer for PepsiCo and the 2022 American Prize for Design laureate, just bought a six-bedroom, new-construction modern home in Southampton for $4.69 million — complete with a Barbie-pink-and-baby-blue tennis court. Porcini worked closely with Mazi Holdings to build the property of his dreams, at

A rambling property that has long been owned by actor Patrick Duffy will soon hit the auction block with no minimum reserve price.  In southwestern Oregon, his Rogue Valley ranch is set to begin accepting bids this Thursday, and will remain open through the 14th, Mansion Global first reported. The 300-plus-acre property has belonged to

We weren’t exaggerating when we recently foresaw a “rolling thunder” cavalcade of large new office deals by year’s end. But the largest was one we didn’t see coming: a 445,000 square-foot expansion by Wells Fargo at Related Companies’ 20 Hudson Yards that swallowed up all of the former Neiman Marcus floors as well as adjacent

Variety won top honors Sunday at the National Arts & Entertainment Journalism Awards, taking the trophy for best entertainment publication along with 11 other first-place wins. The May 3 cover package “No Words: What the Writers Strike Means for Hollywood” was recognized in the category of best entertainment publication during the ceremony held at the

A famous work of street art has gone down with its ship.  In the coastal English town of Dover, a landmark piece by the long-celebrated street artist Banksy has been destroyed as a result of its building’s demolition — but parts of the work may still get another life, CNN reported. The mural, which depicted

Miami-based Eagle Property Capital Investments and Mexico City’s Promecap have made waves in the real estate realm by successfully raising a staggering $309 million for a dynamic investment fund specifically honing in on multifamily properties across the Sun Belt states. The ambitious joint venture, announced via a press release, unveiled its intention to utilize this

Philadelphia Eagles powerhouse and six-time Pro Bowl center Jason Kelce isn’t just making waves on the field. The 36-year-old is steadily expanding his real estate empire across Pennsylvania, New Jersey — and even in Cleveland. Kelce, the brother of NFL sensation Travis Kelce, who has been nabbing recent headlines of his own for his relationship

As housing prices continue their relentless ascent and interest rates hit record highs, a new trend has emerged among younger generations eager to embrace unconventional solutions to secure their slice of the American Dream. Dubbed “house hacking,” this practice involves renting out parts of owned properties to generate additional income, such as a sublet to