Month: June 2019

The 10 largest homes for sale in the US right now

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Courtesy of Brian McGrath, McGrath Realty Inc

Small homes may continue to rise in popularity, but bigger will always be better for the most luxurious end of the real estate market.

When your budget has no bounds, you can afford endless space for you, your family and your helicopter.

Whether you ve been dreaming of your own villa near Hollywood or a remote castle in upstate New York, these truly grand estates have earned their spot on the list of the ten biggest houses currently for sale in the United States.

1. Deluxe lakeside compound

Courtesy of Kristin Hayes Claire, LandVest, Inc.,

$19,800,000

63,000 sq ft

It s two magnificent estates for the price of one in this jaw-dropping compound on the shores of scenic Lake Winnipesaukee in the quaint town of Alton, New Hampshire. Between these two properties, you ll enjoy 12 bedrooms and a combined total of 63,000-square-feet. Your commute to either home can be whatever you choose, thanks to the on-site helicopter pad and multiple docks. (Those traveling by luxury car will simply enjoy the drive in from the gated entrance and through six acres of manicured lawns.)

Though built for year-round enjoyment, certain features stand out for milder months of the year, like the stone amphitheater, an infinity pool with grotto and the tennis court. For those who plan on hosting many get-togethers, you have a 7,655-square-foot reproduction post-and-beam barn specifically built for entertaining. There s also one of the most charming features we ve ever c[……]

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Cornell Realty Management

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Conceptual rendering of 200 Kent Avenue

Isaac Hager’s Cornell Realty Management just landed a $64 million construction loan for a six-story mixed-us上海千花社区 上海千花网交友e project in Williamsburg.

Madison Realty Capital provided the financing for 200 Kent Avenue, where Cornell plans to build a 117,00-square-foot office and retail project. Trader Joe s has long been rumored to be the anchor tenant for the retail portion of the project, and the store appears in documents filed with the city s Department of Finance.

The building will feature 50,000 square feet of retail space, 22,000 square feet for office and restaurant tenants and 45,000 square feet of parking.

“In this case, w上海贵族宝贝论坛 上海贵族宝贝e’re working with a repeat Madison Realty Capital borrower who understands our ability to execute efficiently, Josh Zegen, co-Founder and managing Principal of Madison, said in a statement.

Cornell purchased the roughly 23,000-square-foot vacant lot in 2016 for $33 million. Records filed with the city indicate that California-based ABP Capital provided a $24.6 million mortgage.

Cor上海贵族宝贝论坛 上海贵族宝贝nell had been pursuing a rezoning of a Crown Heights prop上海贵族宝贝交流区 上海贵族宝贝论坛erty to make上海贵族宝贝论坛 上海贵族宝贝 way for 565 apartments, but the developer withdrew the application in April amid community opposition. Sources told The Real Deal in February that Cornell was looking to sell the Kent Avenue site.

Tags: Commercial Real Estate, Cornell Realty Management
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Emad Khashoggi

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Meet the developer who built – and sold – the world s most expensive home Emad Khashoggi made a killing with his $300M Chateau Louis XIV

From left: Emad Khashoggi, the Chateau Louis XIV and Mohammad bin Salman (Credit: LinkedIn and Getty Images)

In 2011, three weeks before construction of the Chateau Louis XIV would finish, celebrity real estate broker Jeff Hyland spent half a day touring Emad Khashoggi’s magnum opus on the outskirts of Paris. He came away impressed by the development’s splendor and attention to detail, but also a little baffled.

Sitting on a 57-acre park a short drive from Versailles, the mansion is built in the style of a 17th-century palace: gold-plated water fountains and marble statues outside, grand staircases and elaborate chandeliers inside. Also included: a nightclub, a movie theater, a moat doubling as an aquarium and two downstairs lounges. As Hyland understood it, one lounge was for men and the other for women. The design didn’t seem like it would appeal to his rich American clients.

“I was racking my brain. Who could I have for it?” the Los Angeles-based broker recalled. In hindsight, he said, the answer was obvious: “[Khashoggi] must have known up front that he’d be selling it to a Middle Easterner.”

“The guy just for lack of a better term has huge balls and put them on the table.

Four years later, in December 2015, the property sold to an unnamed buyer for around $300 million. It was reportedly the most expensive home sale in modern history. Last[……]

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Real Estate Brokers Who Invest

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Why does your agent have a nicer house than you do? Brokers often see smart investments first

Douglas Elliman s Darren Sukenik and Greenwich Village

Douglas Elliman s Darren Sukenik invested in a condo in the West Village 12 years ago when the neighborhood was still, as he said, fringy.

But like other residential agents, he drew on decades of experience and instinct. Two years ago, Sukenik and his husband purchased the adjacent 上海千花社区 上海千花网交友unit, which is designed with a neutral palette. Any real estate I ever purchase, I purchase with an eye to resale, he told the Wall Street Journal. I practice what I preach.

Agents have a built-in edge when it comes to buying and selling real estate. They are the first to know about listings, know the ins and outs of the market and often know when is the best time to buy or sell.

Michael Rankin, managing partner of TTR Sotheby s International Realty in Washington, D.C., utilized his market knowledge — and experience with renovations — to gut the Georgetown home he owns with his husband, Mark Green. They paid $5 million for the 7,00上海贵族宝贝 上海千花网龙凤论坛0-square-foot house in Georgetown and spent another $2 million to renovate. He estimated his experience saved them 10 months of waiting and design work. We knew not to go in and 爱上海同城 爱上海ask for things that you couldn t do in a historic neighborhood, he said.

Pate Stevens, a Nourmand Associates agent in Beverly Hills, used his experience with renovations to save money on his newly-built million home in Palm Springs. H[……]

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Cynthia Nixon

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Cynthia Nixon unveils her housing plan. And landlords won t like it Plan f上海千花社区 上海千花网交友ocuses on overhauling rent regulations

Cynthia Nixon (Credit: Metropolitan Transportation Authority/Patrick Cashin)

Gubernatorial hopeful Cynthia Nixon has released her housing plan, which focuses largely on a major overhaul of the state’s rent regulations.

The former “Sex and the City” actress challenging Gov. Andrew Cuomo for the Democratic gubernatorial nomination has proposed eliminating methods that landlords use to deregulate and raise rents at rent-stabilized apartments, according to Politico. She would increase funding for the Division of Homes and Community Renewal, which enforces tenant protection laws, and change the formula that landlords use to determine rent increases based on apartment renovations they make.

Nixon also promised to end vacancy decontrol, a practice that allows landlords to deregulate rent-stabilized apartments once a tenant moves out and the rents hits a legally-mandated threshold, which is currently $2,733. Housing advocates have criticized this policy as creating an incentive for landlords to make rent-stabilized apartments unlivable to force out tenants and raise rents, and Cuomo said last month that he wants to end the practice as well.

Her plan would end the “vacancy bonus loophole” as well, which lets landlords raise rents by 20 percent each tim上海贵族宝贝 上海千花网龙凤论坛e an apartment is vacated, and wants rent increases based on renovations to only exist long enough for landlords t[……]

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WeWork

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WeWork is hoping this acquisition will help it win corporate clients Co-working giant buy爱上海 爱上海同城手机版s software startup Teem

Teem’s CEO Shaun Ritchie and UBS’ Weehawken office (Credit: Eventgrid and Wikipedia)

WeWork acquired the workplace software company Teem in a bid to offer more services to its largest, corporate customers.

Teem, founded in 2012, produces workplace software tools such as office analytics and desk and conference room reservations. The Salt Lake City-based company will continue to operate as an independent business division and keep its existing clients, which include Airbnb, Dropbox and GE, WeWork said in a statement Wednesday.

It wasn’t clear how much WeWork paid for its acquisition of the company.

WeWork said it plans to include Teem in the services it 上海贵族宝贝论坛 上海贵族宝贝offers its so-called enterprise customers. Last year, the co-working company launched the business line Powered By We, which manages corporate offices for a fee. WeWork claims it has 30 such projects in planning. In July, the company announced it will renovate UBS’ offices in Weehawken, Ne阿拉爱上海同城 爱上海龙凤419桑拿w Jersey.

WeWork, which last year raised more than $4 billion in venture funding from SoftBank and raised another $1 billion last month, has acquired several co新上海贵族宝贝论坛 上海贵族宝贝交流区mpanies in recent years, including the Flatiro爱上海同城 爱上海n School, construction technology company Case and marketing company Conductor.

Tags: Commercial Real Estate, Tech, wework
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Alan Bell

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Part deux: Alan Bell files plans for second half of Bronx resi complex Williamsbridge Gardens building will contain 83 units

Alan Bell and 722 East 212th Street (Credit: Google Maps)

Alan Bell is forging ahead with his tw上海贵族宝贝论坛 上海贵族宝贝o-phase Williamsbridge Gardens project in the Bronx.

Bell filed plans with the Department of Buildings on Tuesday for an eight-story building with 83 units at 722 East 212th Street, the second part of Williamsbridge Gardens. This building上海千花网龙凤论坛 上海千花社区 will span about 64,000 square feet.

The developer had filed plans in mid-November for the first half of the project: a slightly larger eight-story building on a different lot at the same address with 87 units spanning about 76,000 square feet. That was 上海夜网论坛 上海夜网the second-largest project filed in the Bronx last month, according to an analysis by The Real Deal.

Bell, whose company B B Urban bought the site in March for $8 million, plans to develop both buildings at the same time. Amenities in the second phase of the project will include a computer lab and a library. It will include 51 units for formerly homeless families.

“Replacing the homeless that have been sleeping on mattresses around the perimeter of the property will be two new attractive buildings providing housing for low- and middle-income households with 30 percent of the units reserved for formerly homeless families with children,” Bell said.

B B is also working on a 136-unit supportive housing building in the Br阿爱上海同城 阿拉爱上海同城onx at 2700 Jerome Avenue and a 10[……]

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NYC Office Leasing

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New batch of Manhattan office towers competing for elite tenants Five new towers wooing law firm Cravath Swaine & Moore

From left: Two Manhattan West, 50 Hudson Yards, The Spiral, One Vanderbilt, Three World Trade Center (Credit: iStock)

With millions of square feet in new office space hitting the market over the next few years, new developments are finding themselves in heated competition to land a handful of elite tenants.

Law firm Cravath Swaine Moore, whose current 600,000-square foot lease at Worldwide Plaza is up in 2024, is considering a move to one of five new office developments in Manhattan, the New York Post reported.

Those buildings include Brookfield’s Two Manhattan West, the Related Companies’ 50 Hudson Yards, Tishman Speyer’s the Spiral, SL 爱上海同城论坛 爱上海同城Green Realty’s One Vanderbilt, and Silverstein Properties’ Three World Trade Center. The firm could also opt to remain at its current location at 825 Eighth Ave, where it has been since 1989.

“They’re in a great position to wres爱上海同城论坛 爱上海同城tle the best terms from among six上海千花网交友 上海千花网论坛 different landlords who’d kill to get them or keep them,” one source told the Post.

Cravath Swaine may have most leverage at Two Manhattan West, which Brookfield has decided to move forward on without first securing a single tenant for its 1.9 million square feet of available space. Its four competitors each have at least上海龙凤论坛 新上海贵族宝贝论坛 1.5 million square feet left to fill as well.

Despite the competition, Cravath s new space is unlikely to come cheaply,[……]

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Embarcadero Navigation Center

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San Francisco s largest homeless shelter poised to face legal battle The 130-bed shelter is planned near one of San Fran’s wealthiest neighborhoods

Lawyer Andrew Zacks, San Francisco (Credit: Wikimedia Commons, Zacks, Freedman Patterson)

San Francisco city officials approved the city’s largest homeless shelter last week, but fervent opponents of the project say they aren’t giving up their fight to kill it.

The Embarcadero Navigation Center is set to occupy a Port of San Francisco-owned parking lot near beneath the Bay Bridge in Rincon Hill, a wealthy area of the 上海贵族宝贝 上海千花网龙凤论坛city along its eastern waterfront, according to SFist.

Attorney Andrew Zacks, who leads the opposition to the shelter, claimed at last week’s meeting that the project violated the California Environmental Quality Act. He also claimed the city violated a st爱上海 爱上海同城手机版ate law that requires governments to openly share certain documents.

CEQA is the most common law used to challenge development projects. Elected officials in Sacramento perennially propose上海同城对对碰交友社区 上海夜网论坛 reforms to the law to reduce the number of bad faith challenges meant to slow down development projects over non-environmental issues, but have failed to pass meaningful changes.

There are around 7,500 people experiencing homelessness in San Francisco, a crisis exacerbated by seemingly never-ending growth in the cost of housing in the Northern California city. The planned challenge comes after officials agreed to reduce the number of beds at the shelter from 200 t[……]

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Analyst: Sales volume of accumulative total of whole world of Xbox One lead plane is 41 million about

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We know PS4 and Switch cut sales volume number really, and Xbox One is represented in this world now not beautiful, although Phil Spencer assumed office to undertake later a lot of well-advised decision-making, but the difference that at the beginning of failing to recover this for generations lead plane to come out however, pulls open. Microsoft has announced the sales volume figure of Xbox One no longer, do not pass a ground estimation of Daniel Ahmad of analyst of Niko Partners of company of information of Asian game market, the standard that the sales volume of global accumulative total of Xbox One should control in 41 million now. This also means the 1:2 of Xbox One and PS4sales volume difference pulls bigger more. This also means the Switch that came out 2017 to will be in the sales volume that Xbox One exceeds inside year this year. Altogether, the sales volume of Xbox One is very low fan, this one word proved Microsoft is in market of this for generations mainframe competition is lack of power. Hope they try to seek a breakthrough when leader of second for generations comes. [……]

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