Realty News

Rep. Marcia Fudge Chosen as the New HUD Secretary by Biden

The new HUD secretary Rep. Marcia Fudge has been chosen by the next president of the United States, Joe Biden, as part of his new administration next year.

Realty Check: This Is Why You Can’t Pay for a Home

The continuous increase in the price of housing in the country has long become a burden to the American middle class, making them incapable of affording their own home.

Ben Shaoul Aims to Quickly Sell Magnum’s Mid-Market Condos

Ben Shaoul, a Manhattan condo developer, is hoping to move his condos quickly. Ben Shaoul, a Manhattan condo developer, is hoping to move his condos quickly.

Penny Marshall to Market Her Upper West Side Apartment for $5.5 Million

Penny Marshall is about to leave New York by selling her apartment. She’s planning to live in California full-time.

Zaha Hadid's High Line Condos Show Futuristic Façade

The development of the High Line Condos of Zaha Hadid, which feature a futuristic façade, is one of the most closely watched projects in the city. The building is the first project of Hadid in the area.

Real Estate Developer Troy Kudlack Brings Back Joseph Eichler’s Designs to Life

Joseph Eichler is a genius real estate developer who built Mid-Century Modern design’s affordable housing subdivisions in California in the 1950s-1970s.

Julianne Hough Net Worth: Revisit the Grease Live! Star's $1.95M Home in Hollywood Hills

An alum of “Dancing with the Stars," Julianne Hough spent nearly two million dollars on a notably private home in Los Angeles.

Brooklyn’s Most Expensive Rental Increases Its Price to $29K a Month

The $29,000 per month rent of the 6,300-square-foot townhouse at 11 Cranberry Street is the most expensive rental unit in Brooklyn. The meticulously designed historic home is furnished and available for short or long term rent.

Live in Williamsburg for Only $563 per Month, Lottery Launching for 149 Kent Apartments

This is now the chance for people who want to live in the once unaffordable place that is trendy Williamsburg -- for just $563 per month.

181 Units from Pacific Park Towers to Join Lottery in March

One of the Brooklyn’s Pacific Park buildings is getting ready for occupancy soon. The modular tower called B2 at 461 Dean has 181 apartments that are set to enter an affordable housing lottery in March.

Ian Schrager Receives $50M Construction Loan for 160 Leroy from Talos Capital Limited

Ian Schrager, a hotelier and developer, is securing a construction loan worth $50 million from Dublin-based Talos Capital Limited.

Cheerful 1930s Traditional House in Silver Lake is Listed for $1.015M

The charming and bright 1930s traditional home at 3022 Scotland St. in Silver Lake, Los Angeles has an asking price of $1.015 million.

432 Park’s First Closed Sale is Now a Rental for $60K a Month

The first recorded sale resurfaced at 432 Park Avenue, with a high asking rental price of $60,000 per month.

Gavin McInnes’ Williamsburg Penthouse on the Market for $2.5M

Gavin McInnes, one of the co-founders of the Vice magazine, has listed his Williamsburg penthouse on the market for almost $2.5 million.

Beninati’s Bauhouse Looks for $80M Mezzanine Loan for His Skyscraper at 3 Sutton Place

The Bauhouse Group, led by Joseph Beninati, is seeking a mezzanine loan of $80 million to fund his skyscraper project at 3 Sutton Place, according to the documents of the investor.

Anne Rice's Former Condo-Converted Orphanage Chapel Back on the Market for $4.4 Million

A former chapel orphanage converted to a one of a kind “religious-chic” home in New Orleans is back on the market for $4.4 million.

College Student Ditches Living in a Dorm, Builds a Small Home for $15,000

Joel Weber knew that dorm life was not for him due to rising cost of living and he is one of the struggling college students. Because of that, he decided to build his own home for $15, 000.

Eglon House, Former Mayfair Studios, Office on Sale for £24 Million

Eglon House was home for Mayfair Studios until it shuts in 2008 due to financial problem. Now, it is in the market for £24 million or around $35 million.

Clarion Acquires Hollywood Media Campus in LA for $61M

The historic Eastman Kodak site in Hollywood was purchased by Clarion Partners from Lincoln Property Co. for a whopping $61.3 million in an off-market deal.

Pinnacle Group Acquires Rental Building in East Flushing for $43M

The Pinnacle Group, headed by Joel Wiener, purchased another rent-regulated building in the outer boroughs, a 145-unit East Flushing multi-family property.

Housing Preservation Department Reveals There are 250 Buildings That Have More Than 25,000 Hazardous Violations

New York City's Housing Preservation Department Commissioner, Vicki Been, has published this week her own list that identifies 250 multi-family buildings with a combined 25,000-plus hazardous violations.