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Singer Katy Perry sells Hollywood home at a $1M loss
Katy Perry’s Hollywood home, (inset) Katy Perry and Russell Brand Pop star Katy Perry has finally sold her Hollywood Hills home, but at a nearly $1 million loss. The home, which she originally...
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Inside Ian Schrager’s London Edition hotel
The London Edition hotel and Ian Schrager In September, hotelier and Studio 54 co-founder Ian Schrager opened the doors to his latest hotel project: the London Edition. The 173-room hotel is Marriott...
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Building and selling “a shrine to oneself” in New York City
Cindy Gallop and her 213 West 23rd Street apartment When an especially quirky or uniquely designed property hits the market, listing agents use the code words “taste specific” or “design specific” to...
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The revolutionary Waterside Plaza complex turns 40
The Waterside Plaza complex When the Waterside Plaza complex in Kips Bay was built in 1974 there was nothing like it in the city, now the four brick towers are celebrating their 40th anniversary. The...
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How Gracie Mansion became NYC’s White House
Gracie Mansion Although New Yorkers think of historic Gracie Mansion as the official residence of the mayor, it’s role as New York City’s White House is relatively recent. In fact, the first NYC mayor...
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Burned body of Menachem Stark found in Great Neck
Menachem Stark The badly burned body of Williamsburg developer Menachem Stark has been found in a Great Neck dumpster outside a gas station. Stark, a member of the Satmar Hasidic sect, was kidnapped...
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Design firm David Brody Bond inks deal at 1 New York Plaza
1 New York Plaza The architectural design firm David Brody Bond has signed a 26,354-square-foot lease in the Brookfield Office Properties-owned 1 New York Plaza. According to the New York Observer,...
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New Orleans homes built by Brad Pitt are decomposing
Brad Pitt and Make It Right homes in New Orleans Homes built by the Make It Right Foundation New Orleans, a charity founded by celebrity Brad Pitt and designer William McDonough in 2007, after...
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East River Ferry helped boost prices in Williamsburg, Dumbo
The East River Ferry The success of the East River Ferry since its launch in 2011 has helped lead to an increase in property values in the waterfront neighborhoods of Brooklyn and Queens, such as...
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Forget skyscrapers, Japanese home is one with the clouds
A home in the Yatsugatake Mountains in Nagano, Japan The billionaires of New York City love living in the clouds, or at least in the penthouse unit. But a home in the Yatsugatake Mountains in Nagano,...
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Cost of new housing in Manhattan leaped 72 percent last year
A rendering of 432 Park, a new luxury development along Central Park Don’t count on any relief from sky-high prices in Manhattan. Experts say that despite a median sale price for new luxury homes that...
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Brooklyn facing tightest commercial market since WWII
Downtown Brooklyn Brooklyn is facing a severe shortage of commercial space, forcing corporate giants and hip startups alike – think Chase, Verizon and MakerBot — to look elsewhere. “We’re in a crisis...
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Dubai’s Palm Island developer to pay $1.1B in debt this year
Nakheel CEO Sanjay Manchanda and Palm Island in Dubai Nakheel, the Dubai developer behind the city’s iconic palm-shaped islands and whose credit problems were at the center of Dubai’s 2009 financial...
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People trapped inside as fire blazes at 500 West 43rd Street
500 West 43 Street A building at 500 West 43rd Street in Manhattan is reportedly on fire. ABC 7 reports that over 100 firefighters are now at the scene, and there are reports that two people have been...
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Cuomo to propose $100M in affordable housing spending
Governor Andrew Cuomo at the 2013 State of the State address Governor Andrew Cuomo will propose a total of $116 million in new spending on affordable housing and jobs programs in his State of the...
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Could Vietnam’s Da Nang be Asia’s next luxury hotspot?
The Danang Beach Resort The Vietnamese city of Da Nang on the South China Sea has long been touted as Asia’s next up-and-coming luxury home market. Now, with high-end homes sales on the rise, the...
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U.K. housing has its best year since 2006
Housing in London The U.K. housing market had its best year in 2013 since 2006, out preforming market forecasts. Home values across the U.K. increased 1.4 percent in December, pushing 2013’s total...
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Douglaston sells Edge retail space to D.C.-based firm for $40M
From left: Amer Hammour of Madison Marquette, 22 North 6th Street and Jeff Levine The spacious retail spread at the base of the Edge condominium in Williamsburg will be sold for more than $40 million....
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Another housing bubble is forming: OPINION
The U.S. housing bubble is forming again, as evidenced by the fact that home prices are rising faster than rental costs, Peter Wallison, senior fellow at the American Enterprise Institute, wrote in a...
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Solly Assa snaps up another Suky-owned property at bankruptcy auction
From left: David Schechtman, Lipa Lieberman and 334-336 West 46th Street A pair of Midtown buildings formerly controlled by real estate developer Ben Zion Suky, the right-hand man of embattled Rabbi...
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