Rapti Gupta

  • Zsa Zsa Gabor’s ‘Argo’ Bel Air Mansion Falls Out of Escrow
    Recently, the property paparazzi went crazy when news of the “Moulin Rouge” actress, Zsa Zsa Gabor’s Bel Air Mansion went under contract for $14.9 million after going on and off the market for several years now. However, looks like the property has fallen off the escrow, again!
  • Ryan Reynolds and Blake Lively Buy Country Spread Just Outside New York for $5.7 million
    The happily-married hot celebrity couple, Ryan Reynolds and Blake Lively has reportedly dropped $5.7 million on a residence in the Westchester County town of Pound Ridge, New York. According to the Real Estalker, the couple had closed the deal on the property sometime back in November 2012, just as private as they had kept their wedding in September.
  • Furniture of the Future: More Like Cooking Popcorn (VIDEO)
    With the introduction of micro-apartments and smaller living spaces, everything is shrinking- Closets, kitchens and even furniture. A Belgian designer, Carl De Smet takes us far into the future of furniture. De Smet has designed some “foldable” chairs made of high-tech foam; however, they are more “cook-able” than foldable!
  • Taking a Look at Prisons Shaped like iPhones and Clocks (PHOTOS)
    Architectural craziness and creativity has no bounds, not even in “Prison”, literally! As William Schuster, the perky “Glee Club” teacher said, “Art is about pushing limits”, the folks at Talent Sãu Paulo, an ad agency has taken that quite to heart.
  • Brookfield Properties to Acquire MPG Office Trust for $180 Million
    Brookfield Office Properties Inc, a major commercial real estate firm is all set to acquire MPG Office Trust, another commercial property developer for around $180 million. The acquisition comes as Brookfield looks to expand its already growing business to the Los Angeles region.
  • Proposed Reality Show in Justin Bieber’s Calabasas Neighborhood Infuriates Residents
    A prospective reality show that proposes to film life in the celeb studded neighborhood of Calabasas, California has reportedly infuriated some of the inhabitants.
  • Zaha Hadid Named Businesswoman of the Year by Veuve Clicquot
    Renowned architect, Zaha Hadid has been named the businesswoman of the year 2013 by Veuve Clicquot’s annual Business Woman Awards. A panel of judges from the famous champagne house, Veuve Clicquot chose Hadid as the deserving winner because of her immense contribution to the industry of art and architecture. They lauded her ‘zeal as a businesswoman’ and also the pace at which her firm, Zaha Hadid Architects has grown by leaps and bounds.
  • Nick Nolte to Sell Malibu Home for $8.25 Million
    The “Down and Out in Beverly Hills” actor, Nick Nolte has reportedly listed his residence in Malibu with an asking price of $8.25 million. Nolte purchased the home sometime back in 1990.
  • Zillow to Take Earnings Call Questions via Facebook and Twitter
    Online real estate website, Zillow has revealed that it will take its quarter earnings call questions via social networking sites, Facebook and Twitter. This move makes the company the first public firm to ever take up earnings call questions on social media.
  • Update: Vornado Realty Trust Sells Stake in Boston Site to Millennium Partners
    Vornado Realty Trust, a popular commercial real estate manager and REIT based in the U.S. has sold its stake in a site in Downtown Crossing, a small shopping district of Boston to Millennium Partners, another prominent commercial property firm.
  • New York’s Rockaway Courthouse to be Converted into Medical Facility
    New York’s long abandoned Rockaway Courthouse will reportedly be restored and converted into a medical facility. The New York City Economic Development Corporation and Mayor Michael Bloomberg announced in a press statement that they had selected a developer, The Harmony Group to undertake the redesigning project.
  • Will Kim and Kanye be Homeless When Child Arrives?
    All that real estate fickle flu does have its side effects. As Kim is due in August and with their Bel Air Manse torn up for renovation, the couple will probably be homeless when the baby arrives.
  • Glee Club Member Naya Rivera Lists Beverly Hills Residence for $2.1 Million
    Naya Rivera, who plays Santana Lopez on popular musical series, Glee has listed her Beverly Hills residence for sale only after purchasing it a year ago. She had snagged the home in 2012 for around $1.4 million.
  • Senator John McCain’s Former Arizona Home Up for Grabs
    A former Arizona home of senior U.S. Senator, John McCain has been listed on the open market and is asking for $2.9 ,million. McCain and his wife resided in the home for 20 years and sold it off in 2006 for $3.2 million.
  • Vornado Realty Trust To Sell Harlem Park Office Tower Site for $62 Million
    Vornado Realty Trust, a popular commercial real estate manager in the U.S. has entered into contract to sell a parcel of land at Harlem Park and hopes the site to fetch $62 million. The buyer is yet to be identified.
  • Update: Texas Fertilizer Explosion May Hold Back Expansions Worth $22 Billion
    The deadly fertilizer plant explosion in Texas may hold back expansions and business worth $22 billion in the region, a report according to Bloomberg says. Apparently, many large industry players are planning expansions in the North American region. But the blast has raised apprehensions among regulators and communities to grant permission for setting up plants or factories.
  • Report : US New Home Sales Rise 1.5 Percent in March
    Sales of new homes in the U.S. spiked 1.5 percent in March at an annual seasonally adjusted rate of 417,000 homes. The reason for the tremendous growth has been attributed to record-low mortgage rates.
  • Martin Johnson Selling Studio City Home for $1.15 Million (PHOTOS)
    Martin Johnson, frontman of rock band ‘Boys Like Girls’ is reportedly looking forward to a “great escape” from Studio City, California as he has just listed his residence in the Coldwater Canyon Avenue area for $1.15 million.
  • Model Daisy Fuentes Buys Malibu Beach Property
    TV Host turned supermodel; Daisy Fuentes has snagged a beautiful beach-front property in Malibu for $5.75 million. Fuentes purchased the home on April 12, 2013. She purchased the home under the name of a trust called ‘Astral Drive Trust’. Apparently, she has made many real estate deals under the trust. The home was actually listed for 45.99 million. Looks like she got it for a slight discount.
  • Nate Berkus Puts Manhattan Condo on the Market for $699,000
    Famous talk show host and interior decorator, Nate Berkus has put his humble Manhattan, New York abode for sale with an asking price of $699,000. Berkus had purchased the home in 2006 for around $550,000.
  • Update: US Existing Home Sales Drop Unexpectedly in March
    The rate of sales of existing or previously occupied homes fell unexpectedly in March due to limited supply of inventory and tight credit-availability. Sales inched down 0.6 percent to an annually adjusted rate of 4.92 million homes. In a previous poll conducted by Bloomberg on 66 experts forecast that sales of these homes would probably rise 0.4 percent, the highest since November 2009. However, the reality was far from the forecast.
  • Most Expensive Home of Britain Asking for $381 Million
    The Eurozone’s recession might still be painting a gloomy picture but looks like the property market has just been set ablaze. Britain’s most expensive residential property, currently in a pocket listing is asking for a humongous $381 million (£250).
  • Grimshaw Architects Submits Designs for the Aspire Tower in Sydney (PHOTOS)
    Grimshaw Architects, a London based architecture firm has just submitted its designs for a 90-story mixed use skyscraper, the Aspire Tower, which will be built in the suburb of Sydney, Australia.
  • Frank Sinatra’s Former California Mountain Retreat Hits Market for $3.9 Million (PHOTOS)
    The former California retreat of “Fly Me to the Moon” crooner, Frank Sinatra is up for grabs with an asking price of just $3.9 million.
  • Update: Courtney Sale Ross’ Home Officially Lists for $75 Million
    Joining the brigade of high-priced properties this week is the large East Hampton estate of Courtney Ross Sale, the widow of former Time Warner CEO Steve J Ross, with an asking price of $75 million. Apparently, she was searching for a buyer for the property, privately with a pocket listing. However, the estate has hit the open listing market without dropping a dime from its price tag.
  • Boston Marathon Bombing Suspect’s Family Home Asking $467,000
    Amid speculations and investigations about the Boston Marathon bombings, the home of suspect, Tamerlan Tsarnaev in North Kingstown, Washington has been hosted on the open listing market for sale with a price tag of $467,000.
  • New FBI Headquarters Search Kicks Off Regional Competition
    The Federal Bureau of Investigation’s (FBI) announcement of moving its headquarters to a new location has spurred fierce regional competition among various communities and congressmen who are constantly trying to lure the agency into setting up base in their areas.
  • Visiting the Green Buildings on World Earth Day (PHOTOS)
    We all know that Mother Earth is ill. But we all are taking small efforts to save her from further deterioration. Similarly, architects all around the world had come up with the concept of “Green Buildings” to do their bit. While companies are moving towards more sustainable projects, we have compiled a list of some of the greenest buildings from all around the world. Check out the slideshow:
  • Forecast: Existing Home Sales in US to Reach Record High
    Sales of existing or previously occupied homes probably rose for the third straight month in March to reach the highest level since 2009. According to a survey conducted by Bloomberg on forecasts of a number of economists, it was revealed that Sales probably hit a record high in March since, November 2009, when home buyers rushed to take maximum advantage of a provisional tax credit.
  • Pamela Anderson’s Malibu Home Goes Off the Market
    Pamela Anderson aka “The Baywatch Bombshell” has hauled her Malibu bay-front property off the listing market which she had listed for $7.7 million citing “financial crisis” reasons. However, looks like the home is too dear to bid goodbye for her!
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