Welcome back, Vessel! At long last, the iconic vertical sculpture and sightseeing platform at Hudson Yards will become a hive of activity again on Monday, reopening to the public after more than three years. The gently tweaked, 16-story architectural folly is now safe for everyone and was worth the wait. Hudson Yards developer Related Companies closed
Real Estate
Fashion Nova’s billionaire founder Richard Saghian has splashed out $30 million for a prime piece of Miami Beach property — two of them, in fact. The retail mogul scored two properties in a swift, all-cash deal: a luxe waterfront mansion and a house across the street, both located on exclusive North Bay Road, according to
The double-townhouse residence of the late jet-setting couple Mica and Ahmet Ertegun has sold for $9.3 million, Gimme Shelter has learned. The proceeds of the sale, at 121-125 E. 81st., went to their charity, said brokers involved in the deal. The home was asking $12.9 million. Mica, a noted interior designer who fled Romania after the
New Yorkers may soon be seeing more of Italian basketball player Danilo Gallinari. The veteran forward has just signed a contract for a two-bedroom, two-bathroom home at One Williamsburg Wharf in Brooklyn, Gimme Shelter has learned. The news comes amid buzz that the New York Knicks may sign Gallinari to a contract for training camp
Beggars can’t be choosers — unless it’s your wedding day. Many newlyweds are opting out of traditional cash-fund gifts and adding the option of helping to pay for a home purchase instead. Wedding resource websites like The Knot and Zillow Home Loans found that 55% more couples are adding a “home fund” to their wedding
America’s office market is teetering on the edge of a massive shake-up as rising debt and the permanent shift to remote work leave countless office buildings across the country vacant and struggling. In response, experts predict a wave of fire sales and conversions that will turn these once-bustling office towers into much-needed residential housing. With
It might be too early to pop the Champagne corks, but Manhattan’s big-picture retail leasing scene shows strong signs of putting the pandemic carnage behind it. Even before anyone heard of COVID-19, online shopping depressed demand for brick-and-mortar stores by perhaps 10%. Lockdowns made things worse. Readers of this column know we’ve been skeptical about
Residential real estate is in a constant slipstream of whose market it is: buyer, seller, or often “nobody.” Now, signs are emerging that a more buyer-friendly market might be on the horizon (even though mortgage rates are on the rise again after plunging last month). That’s because in more than half of the 50 largest
Alexander Nicolas’s salad days were slathered in a Thousand Island blessing: St. Mary’s Island. Forty years ago, his parents spotted a small fishing cabin on a speck of an island peeking out of the St. Lawrence River in Alexandria Bay, part of the zesty Thousand Islands region in northern New York, and located right on
Prices in Manalapan, Fla. — between Palm Beach and Delray Beach — keep rising. And now, an ocean-to-Intracoastal Waterway compound is hitting the market on Friday for $79 million, just two months after the area’s first $95 million listing. The home, at 1040 S Ocean, is owned by LA manufacturing mogul/developer Jim Randall and his
A homeowner in Michigan just barely avoided catastrophe after his oven caught on fire in the middle of the night. The culprit behind the blaze? According to the fire department, it was the family cat. The Almira Township’s fire department says it got a call at 2:30 a.m. on Oct. 1 about a residential fire
The notorious Beverly Hills mansion where the Menendez brothers brutally murdered their parents has new owners, and the sale has only stoked the flames of public fascination surrounding the infamous case. Seven months after the home was sold for a staggering $17 million, the new owners have been revealed as the wealthy Lahijani family, a
An enormous 886-acre ranch in the heart of Texas Hill Country has hit the market with an eye-popping $42.5 million price tag, offering an unparalleled mix of luxury, history — and even wildlife. Known as 3 Creeks Ranch, this vast estate in Fredericksburg’s picturesque wine region is the latest big-ticket property to capture attention. Owned
The office leasing breakthrough that Downtown has been waiting for could happen by year’s end. Global trading firm Jane Street is looking to grow at Brookfield Place, we’ve learned. The electronically-driven market mover, which has about 500,000 square feet at 250 Vesey St., is in talks with landlord Brookfield for more space at 300 Vesey
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