Buy & Sell

Sandy Displaces Calvin Klein From Penthouse

Calvin Klein has reportedly been displaced from his plush penthouse due to hurricane Sandy. His penthouse is not very damaged but is still inhabitable. He has now relocated to 40 Bond Street at Perry Towers and is expected to live there for another six months until his penthouse is fixed.

Connie Stevens to Sell her Holmby Hills Estate

Connie Stevens has put her Holmby Hills plush estate up for sale. The property is said to be one of its kind and is only being showed to qualified customers.

“Fiscal Cliff” Threatens Future of Real Estate in U.S.

The issue of Fiscal Cliff is threatening the real estate industry's growth in U.S. Expiry of the Mortgage Forgiveness Debt Relief Act will force distressed homeowners to pay taxes on exempted principal amounts on shirt sales. This could lead to many investors walking away from the sector.