Rapti Gupta

  • Kate Spade’s Southampton House Price Chopped
    Famous designer Kate Spades's South Hampton home has been relisted with a lowered asking price of $4.7 million. The home first hit the markets in 2011 sporting a price tag of $5.45 million. Failing to sell over the years, she has price chopped the cost.
  • FBI to Move Headquarters; Looking for Better Sites
    The FBI is geared up to shift base from its existing J. Edgar Hoover building in Pennsylvania Avenue, Washington D.C. The G.S.A announced in a press meet that it was looking for developers to buy the building.
  • The Hottest Neighborhoods of America for 2013
    Zillow has compiled a list of neighborhoods that will be the most popular in 2013. Zillow surveyed more than 5100 neighborhoods in more than a 100 cities to put together the list of the most popular neighborhoods of America in 2013. Home appreciation values were analyzed to arrive at the list.
  • Time Warner Considering Sale of its New York Headquarters
    Media Giant, Time Warner is contemplating selling its Columbia Circle Headquarters, The Time Warner Center. The company has requested three real estate firms to calculate the building's net worth. However, it has not decided on the sale yet. Various other options like leasing the building have also been considered.
  • Steve Guttenberg's Pacific Palisades Home up for Rent
    The "Police Academy" star, Steve Gutenberg is renting his Pacific Palisades home with a monthly rental of just $12000 a month. The Spanish style home is a comfortable place that provides picturesque views.
  • Carly Simon’s New York Pied-a-Terre Re-listed for $2.4 million
    The "You're so Vain" singer, Carly Simon has re-listed her New York Pied-a-Terre for $2.4 million after price chopping and taking the home on and off the market several times. The home was first listed in March 2008 with an asking price of $3.8 million.
  • Patricia Heaton Lists Los Angeles Residence for $8.2 million
    Eminent T.V personality, Patricia Heaton has listed her Hancock Park home in Los Angeles on the open market with an asking price of $8.2 million. She had earlier tried to unload the property by private listing and priced the home at $12 million. Failing to sell then, the place has popped up in the public market.
  • Kurt Warner’s Arizona Home to be Auctioned
    Former NFL superstar, Kurt Warner's Arizona mansion will go under a private auction on Feb 27, 2013. The Home was first listed in 2011, asking for $5 million. However, its inability to sell over the years led Warner to put up the house for a private auction.
  • London’s Legendary Smithfield Marketplace to be Redeveloped
    London's historic Smithfield Marketplace will undergo redevelopment as plans for the renovation will be submitted to the city later in February, 2013. An Australian development group, Henderson Global Investors will be handling the $258.2 million renovation project.
  • Pershing Square in LA to Get Major Makeover
    The oldest public plaza of Los Angeles, Pershing Square is all geared up to receive a makeover again. Seed money for the new improvements will be financed by leading entertainment and sports firm, AEG, who have sanctioned a $7 million grant for the development of the park.
  • The Grand Central of New York Celebrates 100 Years
    "The Grand Central Station" celebrated 100 years of its standing glory on February 1, 2013. The Famous building is the largest station in the world with 44 high end platforms and 67 tracks. New Yorkers celebrated their beloved building's birthday with much pomp and glory.
  • No-Money-Down Mortgage Loans Back in the Market
    100 percent financing home loans or the No-Money-Down Mortgage payments have reportedly bounced back into the market but will only be available to affluent buyers. Banks and lending institutions claim that the loans are back due to high demand and are a much safer option where wealthy investors are concerned.
  • Hong Kong Crowned Most Expensive Home Rental City
    The financial capital of Asia, Hong Kong has been crowned the most expensive city to be renting homes in. Despite a slight drop in the average monthly rent, the city managed to retain its position, second time in a row.
  • New Construction Increased by 6 percent Annually, says Report
    In a recent report analyzed by McGraw Hill Construction, it was revealed that the number of new construction went up significantly in December 2012 after a gloomy period of the previous two months. The total rate of construction also went up by 6 percent over the year.
  • AGC Report: Private Sector Demand Boosts Construction Employment in America
    In a recent study conducted by the Associated General Contractors of America (AGC), it was revealed that private sector construction demands bolstered the creation of construction jobs in a number of metropolitan areas across the country. However, some areas are still suffering due to low public sector and commercial construction demands.
  • Keyshawn Johnson Re-lists Calabasas Property for $10.5 Million
    Former NFL star, Keyshawn Johnson has re-listed his Calabasas property with a new asking price of $10.5 million. The home was first listed in 2011 for $11.9 million and underwent many rounds of price chopping before being listed for the current asking price.
  • F. Scott Fitzgerald’s Former Baltimore Home Hits Real Estate Markets
    "The Great Gatsby" author, F. Scott Fitzgerald's Baltimore home has reportedly been put up for sale in the market. The place sports a price tag of $450,000. An open house will be organized on February 3, 2013 to speed up the sale.
  • Kenya to Welcome New Silicon City, Construction Plans Unveiled
    Plans of building a brand new Tech-hub on an empty 5000 acre Savannah, just 37 miles south-east of Nairobi were revealed by the President of Kenya on January 23, 2013. The project is a 14.5 billion plan that will take around 20 years to complete. The project is expected to generate 200,000 jobs by 2030.
  • Peter Morton Buys Elvis Presley's Former Property for $9.8 million
    Co-founder of Hard Rock Cafe, Peter Morton has reportedly purchased rock and roll legend, Elvis Presley's former residence in Trousdale Estates for $9.8 million. The home was first listed in October 2012, asking for $12.9 million.
  • Chris Bosh Puts up Pacific Palisades Home for Rent
    The Power Forward of Miami Heat, Chris Bosh has reportedly put up his Pacific Palisades property for rent and is asking for a monthly charge of $45,000. Bosh and his wife purchased the Mediterranean style property in 2012 for $9.4 million.
  • Tyler Perry Sells Los Angeles Bachelor Pad for $11.25 Million
    The "Madea" man, Tyler Perry has reportedly sold his Hollywood Hills Bachelor pad for $11.25 million making a profit of $1.65 million. He purchased the ultra-modern property back in 2006 for $9.6 million.
  • Ernest Borgnine’s Beverly Hills Property Sold for $3 Million
    The "From Here to Eternity" actor, late Ernest Borgnine's Beverly Hills estate has sold for $3 million. Borgnine owned the property for 60 long years until 2012, when he passed away in July. The home was listed in October 2012 with an asking price of $3.395 million and has sold for around $400,000 less than its original asking price.
  • Jude Law’s $6.9 Million London Home Enters Market
    The "Holiday" actor, Jude Law, has reportedly listed his London Home for sale with an asking price of $6.9 million. The actor purchased the home in 2011 with on-and-off girlfriend Sienna Miller. He also rented the property for four years before the purchase.
  • New York’s Plaza Hotel Sold to Indian Conglomerate Sahara Group
    Kingdom Holdings Group, headed by Saudi Arabian Prince- Prince Alwaleed bin Talal has reportedly sold 75 percent of the hotel's stake to an Indian Conglomerate- Sahara Group, owned by Subrata Roy. The Plaza hotel remains one of the significant landmarks of the city.
  • Wayne Gretzky’s former California Estate in the Market for $14.9 million
    A Thousand Oaks estate, previously owned by NHL Legend- Wayne Gretzky has been listed on the market with an asking price of $14.9 million. The property was designed and custom built by Gretzky and Starchitect Richard Landry. It was purchased in 2007 by baseball player,Lenny Dykstra who lost it in a foreclosure.
  • Alexander Haig’s Virginia Estate listed for $5.5 Million
    Former Secretary of State, Alexander Haig's Virginia estate has been listed in the market with an asking price of $5.495 million. The listing comes as wife, Patricia passed away in 2012, soon after Haig's demise in 2010.
  • Ex Morgan Stanley CEO John J Mack’s Double Story Penthouse listed
    Former ace banker, John J Mack has reportedly listed his Upper East Side, New York duplex penthouse for sale asking for $22.5 million. He first purchased the property from horticulturist, Bunny Mellon, for $13.5 million in 2009.
  • J. Crew Designer Jenna Lyons to Move in with Girlfriend in SoHo
    J.Crew fashion line owner and designer is reportedly looking for a home in the SoHo area of lower Manhattan, New York. Lyons will be moving in with girlfriend, Courtney Crangi and has been looking around for a place to rent in the area.
  • Micro Apartments, the Next Big Thing for New York?
    In a recent Press Release, mayor Bloomberg announced that the city will be getting its first micro-unit apartment- "My Micro NY" in Manhattan. A consortium of developers - Monadnock Development, Actors Fund Housing Development Corporation and nARCHITECTS will be developing a 55 unit micro apartment building at 335 East 27 Street in Manhattan.
  • Top 5 U.S. States with Most Homes in Foreclosure
    As the housing economy continues to rebound, foreclosures in the U.S. have also declined. Marketwatch compiled a list of states with homes in most foreclosure. Florida leads the list with highest percentage of foreclosing activity.
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