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
Real Estate
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
Sleep here at your own risk. The infamous house from the 1982 horror classic “Poltergeist” is being transformed into an Airbnb, available to rent by supernatural-obsessed fans. The home, built in 1979, is located in Simi Valley, California. The “Poltergeist” house in Simi Valley, California. Google Maps It sold Friday for $1.28 million, the Zillow listing
Mah Na Mah Nope! The Church of Scientology is finalizing its purchase of the historic studio lot that housed the Muppets for over 23 years, according to a report. The Henson family announced over the summer that they were selling the landmark lot — once home to Charlie Chaplin Studios — which will now be
A piece of Gilded Age history, once home to America’s elite, is about to hit the auction block. Sandy Point Farm, a grand Rhode Island property deeply rooted in the Vanderbilt dynasty, is offering bidders the rare chance to own a slice of equestrian luxury. Sotheby’s Concierge Auctions is hosting the event next month, with
New York cabaret legend Michael Feinstein and his partner Terrence Flannery have bought a West Hollywood home for $2.72 million, Gimme Shelter has learned. Feinstein is also famed for his work as archivist for the Great American Songbook. The couple, who sold their historic Upper East Side townhouse at 143 E. 63rd St. for $15.22 million in 2018,
Call them the itty bitty city committee. The number crunchers at Airbnb have announced that the hottest place to book a Airbnb in the US this past summer wasn’t New York, Los Angeles or Miami — but a rural nowhere in Washington where it’s hot and dry all season long. According to data released by the
The Manhattan office market continues to surprise with unexpected new leases and expansions – and now, a most unlikely relocation that nobody saw coming. Bridgewater Associates, the world’s largest hedge fund manager, has inked a deal to open its first Manhattan office. The Westport-based firm closed on a hush-hush, 60,000 square-foot lease at 295 Fifth
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