The Real Deal - New York Real Estate News

RioCan REIT is expecting a ganja “gold rush” to hit Canada’s retail markets in a matter of weeks. The rosy outlook comes after Ontario’s premier Doug Ford said he was considering changing the province’s approach to distributing marijuana. The previous liberal government announced storefronts selling pot would be managed by government entities just as alcohol is sold in Ontario, however Ford has opened up the possibility of allowing private stores to enter the space, according […]

When South Carolina-based Engel & Völkers contractor was pulled over after running through a stop sign at 60 miles per hour, she offered police a string of offensive excuses. In police footage broadcast by CBS, Lauren Elizabeth Cutshaw can be heard pleading with officers not to send her to jail from the backseat of the police car: “I’m a pretty girl. Please, don’t make me go in there… I graduated from a really good university… […]

A doorman was fired for sending sexually explicit photos and videos to six women who lived in the Tudor City Place co-op building where he worked. Jonathon Aviles lost his job at the end of July after one of the women, whom he had sent photos of his genitals and videos of himself masturbating, gathered enough identifying information that the building’s management confirmed he was the perpetrator, according to the New York Post. “We regretfully […]

Lisa Fiekowski considers collecting neighborhood junk her full-time job; property ownership is a part-time gig. She estimates it pays about $20 to $30 per hour and she often takes work home with her–packing the garbage into her 1993 Toyota Camry or one of her four brownstone homes that are collectively worth an estimated $8 million, according to the New York Post. Though Fiekowski calls it a “bad hobby” that mostly raises the ire of her […]

“If you have $300,000 and are willing to part with it for a little bit of concrete, cool–you’ve got a parking spot,” or you could use the same money to launch a small rental portfolio. Constantine Valhouli of real estate market research firm, Neighborhood X, ran the numbers after a “car condo” opened near his Cobble Hill home charging about $300,000 per spot plus taxes and maintenance fees. With parking spots selling for between $200,000 […]

Anna Kournikova’s former Miami Beach estate is up for grabs. The current owners of the waterfront Mediterranean-style compound at 2345 Lake Avenue in the Sunset Islands are looking to sell the property for $14.25 million. Kournikova, one of the best-known tennis players, sold the property in 2012 for $7.45 million to Ricardo Teixeira, former president of Brazil’s Football Confederation. Teixeira’s wife sold the home to MB Lake Avenue Property LLC, which is controlled by Robert […]

The owner of The Westbury Hotel, British multi-millionaire real estate developer Azad Cola, is co-founding a town called Petronia in Ghana. The new city is to become a business hub for the oil, gas and mining industries in West Africa, according to Forbes. Petronia is to serve as a launch point for companies as they come to the country — oil was first discovered in Ghana in 2007. “We are creating a blueprint for emerging […]

After six years, Bohemia Realty Group is still singing and dancing through the streets of New York City staffed by a team of agents who largely come from backgrounds in the performing arts. Founded by actors, the brokerage has maintained a stage presence both in the competitive world of Manhattan real estate and as the go-to real estate group for new casts gracing the city’s many theaters, according to the New York Times. “Actors help […]