News

Real Estate News: The Blackstone Group’s Purchase of Stuyvesant Town Includes $625M in Air Rights

The Blackstone Group and Ivanhoe Cambridge’s huge purchase of Stuyvesant Town and Peter Cooper Village has become a world record. It was revealed that as part of the $5.4 billion deal, 4,500 of the complex’s 11,200 apartments for middle-age income families would be reserved for the next 20 years, with the addition of 200 units to be set aside for low-income tenants.

Celebrity Real Estate: Late Actress Betsy von Furstenberg's Central Park West Pad Sold for $7.5M

The penthouse in the Bolivar at 230 Central Park West, which belonged to the late actress Betsy von Furstenberg, has sold for an impressive price of $7.5 million, because it had an asking price of $5 million in just eight short days after it was listed.

Celebrity Real Estate: Rosie O’Donnell Bought a House in West Palm Beach; Neighbors are Reportedly Annoyed

When Rosie O’Donnell bought a vacation property near the waterfront of West Palm Beach last summer for $4.975 million, some of her neighbors were annoyed. There’s always lots of noise coming from the house and that is the reason why her neighbors are getting irritated.