Staff writer
Boutique hotelier, Ian Schrager along with Steve Witkoff and a few other investors has bought the empty lot at 215 Chrystie Street for $50 million. Plans of constructing a 25 story building have now been approved by the government raising the market value of the lot. Former Disney CEO Buys Neighboring Estate in Bel Air for $8.2 Million
Former Disney CEO, Michael Eisner has allegedly purchased his neighboring estate in Bel Air, California for a huge $8.2 million. He might join the two residences or give the new purchase to one of his children. Cassandra Peterson Purchases Home in Los Angeles
Cassandra Peterson of "Elvira, Mistress of The Dark" fame has allegedly bought a new house in Los Angeles for around $925000. The house is exceptionally cozy,light and airy which is in stark contrast to her onscreen personality. Faye Resnick Shells out $1.6 Million for LA Residence
The "Real Housewives Of Beverly Hills" star, Faye Resnick has recently splurged on a brand new residence in Hollywood Hills, L.A. that she bought with her Fiance Everett Jack Jr. She has reportedly coughed up a $1.6 million for the residence. The Best Real Estate Markets of U.S.
Trulia, a real estate listing website has come up with a list of the most prosperous cities for the real estate market of U.S. in 2013. Texas seems to be the most lucrative state for the housing sector in the coming year. Twin Cities to Experience Better Commercial Real Estate Market in the New Year
The Twin cities of U.S.-Minneapolis and Saint Paul are geared up for a positive commercial real estate market as demand in the multifamily, medical,investment and industrial sector is on a steady road. Jerry Femina Joins Hampton Exodus by Selling Mansion Ahead of Fiscal Cliff
Madison Avenue premier, Jerry Della Femina has finally sold his East Hamptons beachfront villa for a good $25 million. The Mansion was first listed for sale in 2010 with an asking price of $40 million. Lisa Lampinelli Buys Beach Side Residence
Famous Standup Comedian, Lisa Lampinelli has moved into a gorgeous new beach side residence in Fairfield, Connecticut. She has reportedly bought the house for $2,212,500. American Cities Welcome New Attractions in 2013
The commercial Real estate scenario in the U.S. is seeing an upward movement. In the New Year, two cities are expected to welcome some new changes and attractions. Willie Roaf Relists Villa Park Mansion
NFL lineman, Willie Roaf has re-listed his mansion located in Villa Park, California for $550,000 lesser than what he had listed in early 2012. Roaf had purcahsed the luxurious mansion for $2.15 million. Frank Capra Home Up For Sale
Academy Award winning director, Frank Capra's former home has been listed out for sale with an asking price of $1.6 million. The luxurious residence was built by famous architect, A. Quincy Jones in 1960. Deval Patrick's Home Listed for Sale
Governor of Massachusetts, Deval Patrick has offered his Milton house up for sale. The house was earlier listed at $1.725 million in 2010 failing to sell then. The house has now been put up with a lower asking price of $1.5 million. Tesla Motors Owner Buys Long Rented Bel Air Estate
Electric Automaker baron, Tesla Motor's CEO, Elon Musk has reportedly purchase his long rented estate at Bel Air for a whopping $17 Million. The house was formerly owned by Mitch Julis, co-founder of hedge fund, Canyon Capital. Roosevelt Field Mall to Get a Makeover
The Long Island shopping Center, Roosevelt Field Mall is expected to get a facelift in the coming year. The owner of the mall, Simon Property Group Inc. is expected to shell out around $300 million for the overhaul. Taylor Swift Wants to Buy a Country Cottage in England
Pop Singer, Taylor Swift is eager on buying a house in the countryside of Cheshire, North West England, where her current boyfriend's family lives. The Empire State Building All Set to Get a New Restaurant
New York's much appreciated tower, the Empire State Building will soon be seeing an introduction of a new eatery on its ground floor. The restaurant will be a joint venture by Malkin LLC and Patina group of restaurants. Top five Celebrity Home Sales of 2012
As the year comes to an end, a quick retake of the top five celebrity home sales has been brought forth by Zillow. Wright Home Designed By Frank Lloyd Sold; Will Be Preserved
After the much disputed issue over the demolition of the David and Gladys Wright house, the Frank Lloyd designed house has been sold to an anonymous buyer for a whopping $2.515 million. Sandy Displaces Calvin Klein From Penthouse
Calvin Klein has reportedly been displaced from his plush penthouse due to hurricane Sandy. His penthouse is not very damaged but is still inhabitable. He has now relocated to 40 Bond Street at Perry Towers and is expected to live there for another six months until his penthouse is fixed. Connie Stevens to Sell her Holmby Hills Estate
Connie Stevens has put her Holmby Hills plush estate up for sale. The property is said to be one of its kind and is only being showed to qualified customers. “Fiscal Cliff” Threatens Future of Real Estate in U.S.
The issue of Fiscal Cliff is threatening the real estate industry's growth in U.S. Expiry of the Mortgage Forgiveness Debt Relief Act will force distressed homeowners to pay taxes on exempted principal amounts on shirt sales. This could lead to many investors walking away from the sector. Home Building Demand Declines in UK
As the housing sector scenario is strengthening in U.S., the condition is poor in U.K. Reasons for the decline are said to be the prevailing weak economy of U.K. 'One Tree Hill' Star Jana Kramer Sells Country Cottage in Nashville
One Tree Hill Star, Jana Kramer sold her country cottage located in Nashville for around $367,000 which she had acquired for $317,000 in October 2010. Its 'Psy' time in Beverly Hills
Psy has reportedly brought a posh residence in The Blair House, Beverly Hills for $1.25 million in hard and cold cash. The apartment is a 2 bedroom and 2.5 bedroom posh place. The building also boasts of many luxurious amenities. Housing Sales Surge to Augment U.S. Economy
The sales figures of home sales have hit a high in three years. National association of Realtors announced that the rates have increased 5.9 percent to an annual rate of 5.04 million, which is the highest since November 2009. Ricky Martin Goes Uptown; Buys Condo for $5.9 million
Latino Pop star, Ricky Martin has brought a plush condo at the Upper East Side in New York for a whopping $5.9 million. Seal Purchases $6 Million Mansion in Brentwood
Seal purchases home in LA Rumors of Seal looking for a house have been confirmed. British singer and songwriter Seal Henry Olusegun Olumide Adeola Samuel purchased a mansion for $6 million in Brentwood, Los Angeles to start a new life after splitting with ex-wife, super model Heidi Klum in January 2012. Rihanna Purchases $12 million Pacific Palisades Mansion
International pop star Rihanna purchased a mansion in Los Angeles for $12 million. International pop star Rihanna purchased a mansion in Los Angeles for $12 million. Will Katie Holmes Gift Suri Cruise $24,000 Grand Victorian Mansion Playhouse this Christmas?
Hollywood star actor Katie Holmes, is all set to give an amazing Christmas gift to her lovely six-year- old daughter, Suri Cruise. Green Day's Bllie Armstrong Lists Newport Beach Home for $1.89 Million
Green Day’s Billie Joe Armstrong is selling his Newport Beach home for $1.895 million. Green Day's Billie Joe Armstrong is selling his Newport Beach home for $1.
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