News

Matthew Perry Bought a Malibu Home for $12 Million, Two years Ago!

Matthew Perry a.k.a. Chandler Bing of the "Friends" fame purchased a shiny and nice beach front home in Malibu for $12 million, two years ago! And not a single soul in the propertazzi knew of it!

Jerry Cantrell of 'Alice in Chains' Sells North Hollywood Residence for $1.45 Million

Jerry Cantrell, the grunge guitarist of rock band "Alice in Chains," has reportedly sold his home in North Hollywood, Studio City, for about $1.45 million. He had listed it in June 2013 for about $1.49 million after purchasing the home in 2005 for $1.75 million. Looks like, he sold for a slight loss.

Malkins to Go Ahead with the Empire State Building IPO Plan; Reject All Bids

After a lot of controversy, debate and delay on the decision to roll the iconic Empire State Building into a public real estate investment trust (REIT), Malkin Holdings LLC, the company that manages the building announced Friday that they will be proceeding with the Initial Public Offering (IPO) plan. They have rejected all the bids that were offered to buy the portfolio, according to several news reports.