Rapti Gupta
Construction plans for the vacant Seward park lot, lying at the foot of Williamsburg Bridge were stalled for a few decades. However, the Economic Deportment Corporation has finally released a Request for Proposal soliciting developers to bid for construction contracts at the site. Construction of High Rise Buildings to Shoot Up in 2013
Sky Rise building constructions dipped a little in the past year. However, 2013 is expected to be a jackpot period for the high rise buildings as 59 more buildings, are expected to join the club by the end of the year. Barclays Joins UK Mortgage Rate Reduction Stream
Banking Giant Barclays announced that it will slash down mortgage rates up to 1 percent for new home investors. A new scheme, "The family Springboard Mortgage" was announced by the bank that is expected to help customers in financing their investments. Kelly Ripa’s Crosby Street Penthouse Up For Sale
Kelly Ripa of "Faith and Hope" fame has reportedly listed her 76 Crosby Street Penthouse up for sale with an asking price of $24.5 million. Kobe’s Wife Vanessa Bryant Sells Newport Beach Mansion
Los Angeles Lakers shooting guard Kobe Bryant's wife Vanessa has reportedly sold one of their three Newport Coast mansions, California, for $3.22 million. Kobe and Vanessa had bought the home in 2003 for $2.65 million. Kim Kardashian and Kanye West Purchase Bel Air Estate
Rapper-record producer Kayne West and socialite Kim Kardashian have bought a Bel Air mansion for $10.75 million which was originally listed for $11.4 million. The 10,000 square feet mansion is expected to be redone and expanded to 14000 square feet by the expecting couple. Howard Marks Malibu Beach Front Property Fetches $75 Million
Oaktree Capital Management chairman, Howard Marks sold his 9.5 acre Malibu Beach front residence for $75 million, all in hot cash. The property is reportedly purchased by an anonymous Russian couple who plan on retaining the residence as a holiday home. Peter Madoff’s New York Residence Sold for $4.6 Million
As Peter Madoff is heading to prison an account of charges of helping his brother, Bernie Madoff in his scandalous exploits, he and his wife Marion Madoff have sold their Upper east Side home for $4.6 million. All the money and possessions have been turned in to the government. NASA to Sell Kennedy Space Center Property
Since The Space Shuttle Project ended, The Kennedy Space Center has been lying unused and costing NASA a fortune on its maintenance. Therefore, NASA has decided to sell it off through an auction. Lindsay Lohan to Move out of Beverly Hills
The "Liz and Dick" star, Lindsay Lohan will be moving out of her leased Beverly Hills estate in February, 2013. The house will sport a monthly rental price tag of $10,450.
EDITOR'S PICKS
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NYC Bill Relieving Renters Of Broker Fees Passes Without Mayor's Signature. Real Estate Groups Are Suing To Stop It
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Suspect In UnitedHealthcare CEO Killing Hails From Real Estate Family, Grew Up In This $800K Home