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Real Estate
Judge orders father of supermodels Bella and Gigi Hadid to pull down $100 million Bel Air mega-mansion
The property tycoon father of supermodels Gigi and Bella Hadid has been ordered by a judge to demolish his half-built $100 million Bel Air mega-mansion, which has been dubbed the “Starship Enterprise”. Mohamed Hadid has been involved in a long legal battle over the palatial 30,000 sq ft residence after neighbours complained about its size. …
Trumps Put Their Washington Hotel on the Market – The New York Times
President Trump has drawn frequent criticism for ownership of the hotel because it hosts foreign diplomats and corporate executives with business before his administration. WASHINGTON — It is the most visible and potent symbol of the ethics debate that has dogged President Trump as he has served simultaneously as the …
Campari Finds Buyer for Exclusive French Villa at $221 Million – Bloomberg
Davide Campari-Milano SpA reached a preliminary agreement to sell the historic Villa Les Cedres on the French Riviera for 200 million euros ($221 million) to an unspecified buyer for private use. The villa was among the assets that the Italian distiller acquired with its 2016 purchase of Grand Marnier Group. The transaction is …
Americans are Building Fewer Pools – Bloomberg
A backyard barbecue with friends, family and a swimming pool is a quintessential July 4th celebration. And it’s something Americans may take for granted. That’s because residential pool construction activity sank this year and demand for the amenity is far from pre-recession levels. U.S. pool repair and construction activity dipped …
Oregon Lawmakers Vote For More Duplex, Quadplex Housing : NPR
Oregon is on its way to making a significant change in what housing is allowed to be built in the state. The state’s House and Senate have now both passed a measure that requires cities with more than 10,000 people to allow duplexes in areas zoned for single-family homes. In the Portland …
For Some Home Buyers, It’s All About the Royal Backstory – The New York Times
LONDON — The three big things influencing a property’s desirability may indeed be “location, location, location,” but there is at least one other factor that can add extra allure: an engaging story. A home’s link to a celebrity or a piece of history can make it more attractive, and one …
Google reveals plans to build 20,000 Bay Area homes
They’ll include at least 5,000 affordable housing units. Google says it’ll invest in thousands of new homes in the Bay Area over the next decade, in the hopes of helping many of its employees and other residents find an affordable place to live in one of the planet’s most expensive regions. …
NYC Tenants Win in New Rent Regulation Law, Landlords Lose – Bloomberg
N.Y. lawmakers agree on tenant protections, rental rules Landlords say changes will plunge city into 1970s-era chaos Millions of New Yorkers woke up on Wednesday to the prospect of a city where their rents will barely rise, they’re safe from eviction and they’ll never have to put down more than …
Spain’s Most Aggressive Rent Controls to Soon Hit Barcelona – Bloomberg
Cost for apartments has jumped 50% in the past five years Most smaller cities have yet to recover from property crash After seeing housing costs jump by more than 50% in the past five years, officials in Barcelona are moving to introduce Spain’s most aggressive rent controls. Under a decree published last …
Is sea rise wrecking coastal home values? The answer: Maybe
SALISBURY, Mass. (AP) — For sale: waterfront property with sweeping views of the Atlantic Ocean. Waves erode beach regularly. Flooding gets worse every year. Saltwater damage to lawn. Asking price: anyone’s guess. Some research suggests rising sea levels and flooding brought by global warming are harming coastal property values. But …
Buy your own off-the-grid island for $1.4M – Curbed
Located in beautiful Wheeler Bay, Maine Interested in buying your own island just in time for summer? Check out the five-acre Ram Island, a rustic island not far from the mainland of Maine’s Wheeler Bay and the St. George Peninsula. This fully wooded island boasts a safe mooring, southern exposure to …
