Rapti Gupta
Along with its comeback declaration, The Cosmos have also released plans of building a 25,000-seater stadium at the Belmont Park Racing Track in Nassau County. Plans of the project have been submitted to the Empire State Development Corporation which will decide and analyze the feasibility of the project later this year. Sony Selling Madison Avenue Headquarters for $1.1 billion
The American headquarters of Sony Corp. located at 550 Madison Avenue is being sold off to a consortium of buyers headed by realty firm , Chetrit Group. The deal is expected to be sealed at $1.1 billion. Billy Corgan’s Gold Coast Condo Deal to Close Soon
Billy Corgan finally unloads Gold Coast, Chicago Condo. Smashing Pumpkins frontman, Billy Corgan has been trying to unload his Gold Coast, Chicago condo since 2008. Nicky Hilton Knocks Off $255,000 from Hollywood Hills Home Price
Hilton Hotel heiress, Nicky Hilton has relisted her Hollywood Hills Mansion chopping down the original asking price with $225,000. The home costs $2,695,000 now. The Los Angeles home is not a "Hilton" standard home but is a cozy place anyhow. Lady Gaga to Restore Michael Jackson’s Neverland Ranch
The "Poker Face" singer has reportedly revealed her desire to purchase the Neverland Valley Ranch, that was former home to Pop Legend- Michel Jackson. She hopes to help MJ's children hold on to their childhood legacy. Judge Judy’s New York Pied-à-Terre for Sale
Reality TV show judge, Judith Sheindlin or Judge Judy, has listed her New York Sherry Netherlands 2 bedroom-2.5 bathroom place for sale. The Pied-à-Terre sports a cool price tag of $9 million. She bought the place in 2009 for $6.7 million. Canada Home Sales Decline, but Market is Balanced Says CREA Report
Home sales in Canada have declined due to tightened Mortgage rules introduced earlier in 2012. However, the market is balanced as the boom is still cooling off and prices of properties are still riding the high tide in the market. Sandy Relief Bill Passed Despite Strong Opposition from Republicans
The Hurricane Sandy relief bill was the subject of constant heated discussion in the Parliament. Despite the strong opposition from the Republicans, the $51 billion relief bill was passed by the government on Tuesday,Jan. 15, 2013 garnering 241-180 votes. AGC Report: Construction Outlook to Improve in 2013
The Associated General Contractors of America along with Computer Guidance Corporation conducted a survey on around 1,300 construction firms in the country to enumerate the outlook for construction in 2013. David Duchovny and Tea Leoni's Three-Story Maisonette listed for $9.25 million
The "X-files" actor, David Duchovny and ex-wife Tea Leoni's Upper east Side triplex maisonette has hit the listing market with an asking price of $9.25 million. The couple had purchased the place in 2008 and combined 3 studios to make it a single unit. David Chase Splurges on a Brand New Penthouse in NYC
The creator of "Sopranos", David Chase has reportedly purchased a penthouse in the London Terrace Complex located in the neighborhood of West Chelsea, New York, for around $9.65 million. Debra Messing’s Bel-Air Estate in the Market for $11.99 Million
Debra Messing has listed her Bel-Air Mansion with an asking price of $11.99 million. She had first purchased the place for $7 million from Renée Zelwegger in 2007. The home is a colonial style property which was built by starchitect Paul Williams in 1932. Howie Mandel Relists Malibu Estate for $7.75 Million
Howie Mandel relisted his Malibu beach front mansion asking for $7.7 million. The property was earlier listed in 2011 with a price tag of $7.25 million. Mandel had purchased the home in 2006 and renovated it in 2008. 75 percent of London’s Hot Property, Battersea Power station Phase, Sells Out
Around 75 percent of Battersea Power Station project's Phase, one of the units have sold out. Bookings have already started at a super-fast rate. Phase-one will hold residential units while phase-two will comprise of retail and office space units. Hong Kong’s Superstitions fade on the Housing Market
As sales of homes accelerate in Hong Kong, prices of homes are going up resulting in a real estate boom. The boom is so strong that "spooked properties" are now selling at a lesser discount than what they earlier sold for. Robert Horry’s Texas Compound Hits the Market
Former NBA Player, Robert Horry has listed his Texas mansion up for sale that sports a price tag of a cool $2.2 million. Horry had purchased the compound after his seventh NBA championship victory. A-Rod Pulls Miami Mansion Off the Housing Market
Baseball star, Alex Rodriguez has reportedly removed his listed Miami mansion off the real estate market to concentrate more on his recovery from his injuries. The mansion was listed in August 2012 asking for a whopping $38 million. Barry Bonds Lists Beverly Park Residence for $25 Million
Former Baseball Star, Barry Bonds has reportedly listed his Beverly Park home for sale with an asking price of $25 million. Bonds purchased the home in 2002 for $8.7 million and added a few more square feet to its total footage. Lee Harvey Oswald's Dallas Home Demolished Nearly 50 Years After Kennedy Assassination
The home of the alleged assassinator of former president John F. Kennedy- Lee Harvey Oswald was demolished by the city on Monday. Oswald lived in the building for around 5 months with his wife and daughter. Bank Of England to Control UK Real Estate Boom
The Parliament of Britain has given the Bank of England new powers to regulate and control the prevalent housing sector boom. The bank's Financial Policy Comittee hopes that the new tools will help avoid financial crisis in the long run and trigger off a growth in the country's GDP. Cooper Square in New York to Get a New High Rise at Astor Place
A brand new building is all geared up to break ground soon at 51 Astor Place, Cooper Square. The 13 story building will be used for both office and educational purposes. The building is being developed by Edward J. Minskoff who has negotiated a lease of $97 million for 99 years for the building. Ashton Kutcher’s Former Home Listed
American Actor/model/producer, Ashton Kutcher's former Los Angeles Home which he sold in 2011 has been listed by its current owner in the market with an asking price of $2.6 million. Kutcher and his father renovated the home before selling it. Jermaine Dupri Manages to Avoid Home Foreclosure A Second Time
The So So Def singer, Jermaine Dupri's Atlanta home was slated to be forfeited the second time in 4 months due to his failure to make mortgage payments. However, Dupri managed to ward off the auction by lodging a last minute petition. Kenyon Martin’s Texas Mansion Up for Grabs
Basketball Star, Kenyon Martin has listed his Dallas mansion on the real estate market with an asking price of $5 million. The home is a luxurious place and features amenities of every kind. The player purchased the mansion in 2008 for $3 million. Commercial Property Sales Decline in Australia
Australian retail real estate markets are hitting new lows. In the fourth quarter of 2012, total sales declined by 33 percent. The decline is attributed to decreasing foreign investment activity in the country. Deion Sanders Re-lists Penthouse in Dallas
Former NFL corner-back has reportedly re-listed his Dallas penthouse for $4.8 million. The football star had first listed the property in 2010, asking for $7.5 million then. Rumors of Matt Damon Purchasing Pacific Palisades Property Confirmed
Rumors of "The Bourne Legacy" actor - Matt Damon hitching up a Pacific Palisades Mansion have finally been confirmed. The actor has bought the house for $15 million and is now neighbours with best pal and co-worker, Ben Affleck. Jane Lauder Unloads Park Avenue Abode
Estée Lauder Companies heiress, Jane Lauder finally managed to sell away her Park Avenue Penthouse after chopping down around $2 million form her original asking price of $8.9 million. The home was first listed in 2010 and finally sold for $6 million. Jerry Bruckheimer Bids for Georges Marciano's Home
American T.V and Film Producer Jerry Bruckheimer has offered to buy the famous Harry Cohn home for $23 million. The home is owned by Guess? founder - Georges Marciano, who has been compelled to sell the home as part of the proceedings of an embezzlement lawsuit filed against him by his former employees. Boston’s 100 Federal Street to Add Retail at its Base
The famous financial district building of Boston, 100 Federal Street, will soon see some retail store additions at its base. Rumors have it that most of the stores will be eateries. However, the place has not been leased or rented to any entity yet.
EDITOR'S PICKS
-
Federal Reserve Cuts Interest Rates by a Quarter Point Following Election, How Could It Affect Mortgage Rates?
-
10 Housing Markets Where Minimum-Wage Workers Can Actually Afford Rent
-
A Comprehensive Guide on Buying a Foreclosed Home
-
Billionaire Investors Behind Rising Housing Costs, Homelessness in the US: Study