The Real Deal - New York Real Estate News

Stop by Mar-a-Lago, Trump’s winter White House, and you might just get a chance to build “the wall.” There are some 500 paying members of Trump’s exclusive Palm Beach Club, including dozens of real estate developers “and others whose businesses could be affected by Mr. Trump’s policies,” the New York Times reports. Trump has visited his club three weekends in a row since inauguration, leading some to question whether club members are essentially paying for … [more]

From Luxury Listings NYC: And here we thought it wasn’t possible for Central Park to get any fancier. Liz Glynn, a California-based artist, in partnership with the Public Arts Fund, is opening a Gilded Age-themed public art project in the Southeast corner of Central Park. [more] … [more]

Beam me up, Scotty! We’re headed to Boca Raton, where a 20,000-square-foot mansion with a “Star Trek wing” has hit the market once again. This time, it’s asking just $30 million. Tricked out by Star Trek fan and entrepreneur Marc Bell — known for buying Penthouse Magazine and Adult Friend Finder — is letting go of his starship-themed wonderland. And oh, yeah: there is a pretty sweet mansion attached. Bell initially slapped his home on … [more]

From Luxury Listings NYC: “The veil is slowly being lifted on a renaissance movement that has been decades in the making,” Vogue says. The magazine goes on to recommend classic Newark experiences like “enjoying seafood as fresh as if it were caught just moments ago” (even though the crabs from the Passaic River in Newark are literally toxic). [more] … [more]

Built in 1924 as a co-operative on a cliff overlooking the Palisades, this stunning apartment building in the Riverdale portion of the Bronx just hit the market. The Villa Rosa Bonheur, located at 2395 Palisade Avenue, is one of three sister buildings that include the Villa Charlotte Brontë and Villa Victoria. They were developed by John J. McKelvey, a lawyer who was the first editor-in-chief of the Harvard Law Review. The Villa Rosa is now … [more]

Developer Bruce Makowsky made a splash recently after unveiling a $250 million spec house in Los Angeles. But he isn’t the only one who thinks he can attract the super rich with minimalist mega-mansions packed with amenities. UK-based Ström Architects head Magnus Ström believes his own concept for “superhouses” is a winner. Ström was inspired to dive into the “superhouse” — his own term — market after designing — what else — super-yachts. His idea … [more]

If it feels as if your parents could afford to buy a house when they were your age, and you can’t, you’re not alone. The homeownership rate in the U.S. has hit a historic low, and a big part of that is a significant drop in ownership among younger Americans. “The homeownership rate — the percentage of households that own rather than rent the homes that they live in — has fallen sharply since mid-2005,” … [more]

From Luxury Listings NYC: The so-called “oracle of Omaha” has just listed his longtime home in Laguna Beach for $11 million. Buffett purchased it in 1971 for only $150,000. [more] … [more]