Rapti Gupta
The famous financial expert who predicted the “black Monday market crash” of 1987, Martin Zweig’s Pierre Penthouse Residence in fifth Avenue, New York is about to hit the listing market again. The home’s listing comes just weeks after Zweig’s death and is expected to sell for around $120 million. Kurt Busch Flipping Luxury Condo in Virginia, Asking $2.8 Million
Ace car racer, Kurt Busch has decided to drive away from Virginia. The NASCAR racer has listed his Virginia beach luxury condo on the open market and is reportedly asking for a cool $2.8 million. ‘Rocky II’ Row House Hits Listing Market for $139,000
Ever wanted to live like “Rocky”? Here is your chance. The home featured in the 1979 hit sport-drama flick “Rocky II” of the “Rocky” franchise has hit the listing market with a cool asking price of $139,000. New York City Hosts its First Annual Real Estate Career Expo (VIDEO)
New York City hosted its first Annual Real Estate Career Expo on Thursday, March 14. Many top real estate firms and agents came under one roof to discuss and share valuable real estate information and advice to newcomers. Empire State Building Gains Broad Support for IPO; Small Group of Investors Still Opposing
New York’s legendary Empire State Building is reportedly inching closer to its proposed IPO. Malkin Holdings LLC, the company that controls the building, declared that they have garnered three quarters of favorable votes from the building’s shareholders who have voted so far. However a small group of investors have been opposing the plan. Construction on Istanbul’s International Financial Center Breaks Ground (PHOTOS)
Construction on the Istanbul International Financial Center (IIFC) has just broken ground. Located on a prime 170-acre land on the Asian side of the city, between Ataşehir and Ümraniye districts, the $2.6 billion mixed-use project is being developed by famous American architecture firm, HOK. Apple Co-Founder Steve Wozniak’s Former Home Relisted for $4.3 Million (PHOTOS)
Apple Inc. co-founder and designer of the original Apple 1 computer, Steve Wozniak’s former home in Los Gatos, California has returned to the market with a slimmer price tag of $4.3 million. Chelsea Clinton and Husband Mark Mezvinsky Buying $10.5 Million NYC Apartment (PHOTOS)
Chelsea Clinton, the only daughter of former U.S. President, Bill Clinton is reportedly buying an apartment in Manhattan, New York with husband Mark Mezvinsky for around $10.5 million. Top 5 Metropolitan Cities Where Americans are Relocating
As the effects of the great global recession are slowly fading away, the Americans are relocating. Some are moving back to the cities which they had inhabited before the recession hit, while the others are moving to areas where the pastures are greener, in terms of jobs and cost of living. Here is a list of the top five U.S. metro cities where Americans have relocated in 2012. U.S. Home Foreclosures Record Sharp Drop in February ; Foreclosure Starts Spike 10 percent
Home foreclosures in the U.S. witnessed a sharp drop in the month of February 2013, further pointing at the resurgent housing market. However, the number of foreclosure starts/initial filings were up 10 percent in February when compared to the rates of January. Time-Lapse Video “New York day” Captures NY like Never Before (VIDEO)
A new time-lapse video capturing the metropolitan and edgy beauty of New York City has gone viral on the internet. The video is made by time-lapse photographer, Samuel Orr who claims that the video is just a small part of his larger time-lapse film project, “New York Year”. UK Architecture Firms Win Competition to Design 2016 Olympics Stadiums in Rio
Two UK based architecture firms, 3DReid and ANDarchitects have won the competition to design the stadiums of 2016 Olympic Games, slated to be held in Rio de Janeiro. The firms will be teaming up with two local architecture firms to take on the projects. Katy Perry Struggling to Unload Hollywood Hills Home; Drops Asking Price
The “Fireworks” singer, Katy Perry is reportedly having troubles unloading her Hollywood Hills home that she had purchased with her ex-husband, actor Russell Brand in 2011. Jamie Kennedy Re-Lists Los Feliz Home at a Loss, Asking for $1.8 Million (PHOTOS)
“Malibu’s Most Wanted”, Jamie Kennedy has re-listed his ranch style home in Los Feliz, Los Angeles at a substantial loss, asking for just $1.8 million. Columbia Square in Hollywood to Finally Begin Construction
Construction on a mixed-use development project at Columbia Square on Sunset Boulevard, Hollywood is slated to start in the coming few months. The Columbia Square site was acquired by real estate firm, Kilroy Realty Corporation (KRC) for around $65 million in October 2012. The Most Expensive Listing Of Tennessee- Eagle’s Rest Farm Gets a further Price Chop (PHOTOS)
Tennessee’s most expensive listing; the Eagle’s Rest Farm has just received another price chop and is now asking $25.5 million. Located in Franklin, the estate was first listed in 2008 with an asking price of $33 million. TPG Capital to Launch its First Real Estate Fund with $1 Billion Target
TPG Capital, one of the largest global private equity investment firms will be launching its first real estate investment fund with a target of at least $1 billion. The company expects to start raising capital for the fund by the second quarter of 2013. David Hasselhoff Finally Finds Buyer for his Encino Home; Pledging to save Berlin Wall (Photos)
David Hasselhoff of the “Baywatch” fame has finally found a buyer for his five-month long listed home in Encino, California. Hasselhoff first listed the home in November 2012 for around $3.7 million. Nate Berkus to Host New NBC Home Makeover Realty Show
Famous talk show host and interior decorator, Nate Berkus is all set to host a new home makeover realty show “Renovation Nation” which will be produced and aired on NBC. Berkus will not only be hosting the show but will also serve as a judge and executive producer. Donald Trump to Pay For Cancelled White House Walk-Through Tours
The iconic real estate tycoon, Donald Trump has offered to pay for the cancelled White House walk-through trips. Trump will be investing a good $7,4000 to keep the tours going, which was axed by the government as a part of the “sequester”- spending cuts. Nigerian Slum Makoko to Welcome Floating School
The floating slum on Lake Lagos, Makoko is gearing up to welcome an architectural brilliance – a three story floating school. The project is being developed by Nigeria-born Netherland based architect, Kunle Adiyemi and the Heinrich Boell Stiftung; a Germany based green project foundation to meet the social, civil and physical needs of underprivileged people of the slum. 5 American Cities with Cheap Home Prices
If you are looking to buy a home but are worried about the budget, here is your answer- buy distressed property. MarketWatch has compiled a list of cities where buying foreclosed or distressed properties are the cheapest. “Journeys to School” - New York Teen Travels Longest Commute to School in the World (VIDEO)
At the photographic exhibition - "Journeys to School", it was revealed that a Bronx High School of Science student, who lives in Queens, travels the farthest from his home, everyday to reach school. The journey includes two bus trips, two subway trips and a ten minute walk as well! Tracey Ullman Drops $2.6 Million on New Los Angeles Digs
Comedienne Tracey Ullman of the “Tracey Takes On…” fame has purchased a nice new home near Sunset Strip in Los Angeles for a cool $2.6 million. Ullman’s new Los Angeles digs was refurbished and designed by celebrity designer, Michael Smith. Smith has been the designer for the White House since 2008. Papal Conclave Boosting Rome’s Struggling Recession Hit Economy and Hotel Business
As the rituals of selection of a new Christian head- the Papal Conclave starts Tuesday, March 12, Rome will not only welcome a new pope but has also been garnering economic hope. Since the announcement of Pope Benedict XVI’s resignation, Pilgrims have been flocking the Italian capital, boosting business for hotels and souvenir shops. Overseas Union Enterprise to Buy Tallest Tower in California, US Bank Tower
Overseas Union enterprise Ltd. (OUE), a major Singapore based hospitality and property group has announced that it will be buying the U.S. Bank Tower in downtown Los Angeles, California for $367.5 million in a bid to expand its portfolio in the country. Southampton’s Linden Estate Returns to the Market Asking $45 Million
The famed Southampton Linden Estate has returned to the market after speculations of being sold to Netscape founder, Jim H. Clark were proved wrong. The estate has now been listed for $45 Million. Super Bowl Champ Ray Lewis Lists Palm Beach Manse for $5 Million
Two time super bowl winner and now ex-Baltimore Ravens Linebacker, Ray Lewis Jr. has flipped his Palm Beach mansion in South Florida on the listing market with an asking price of a cool $5 million. Lewis purchased the home back in April 2004 for around $5.2 million Exploring the Empty Ghost Cities of China (VIDEO)
Chinese cities might look like some of the most modern and urban developments of the world but they are all empty! A news segment, ‘60 Minutes’ by CBS News explores the grim housing scenario in China. The housing bubble has been called a “disaster waiting to happen” by the report. Greenpoint Hotel Flophouse Tenants Sue Landlord for Neglecting Maintenance Issues
Tenants at the Greenpoint Hotel flophouse on Manhattan Avenue in Brooklyn are suing their landlord, charging him of neglecting building maintenance issues.
