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The Real Deal - New York Real Estate News




Could this building material save homes from future infernos?
San Jose and Google attempt to set a new standard amid Amazon’s HQ2 backlash
Historic Manhattan properties routinely beat out new dev in closing prices
More than 80 percent of homes in San Francisco are $1M+
One of the world’s biggest co-living complexes to open in San Jose
Why Edward Minskoff is unloading his prestigious Miami condo and hoping just to break even
Check out this new Bel Air spec mansion spanning 25K sf listed for $88M
Failed delivery: How the cities that missed out on Amazon’s HQ2 are coping


Could this building material save homes from future infernos?



Posted: 18 Nov 2018 02:00 PM PST


A futuristic building material is being touted by its manufacturer as the environmentally friendly and fire-resistant material California needs for a sustainable future. RSG 3-D is a “cementitious sandwich panel” system with no combustible materials that can be subject to an open flame for two hours before catching fire, according to CNBC. The building material could allow houses to fare better than the state’s widespread wood-frame homes now burning across northern California in the latest […]



San Jose and Google attempt to set a new standard amid Amazon’s HQ2 backlash



Posted: 18 Nov 2018 01:05 PM PST


As Google tries to assemble land for a new 21-acre megacampus in San Jose, the city’s mayor took the opportunity to make an example of how local government and tech companies could do business. “Google will pay full freight for land, taxes, fees, and additional community benefits like affordable housing, in stark contrast to other cities handing out billions in local tax dollars to attract big companies,” San Jose Mayor Sam Liccardo said in a […]



Historic Manhattan properties routinely beat out new dev in closing prices



Posted: 18 Nov 2018 12:00 PM PST


New development is a fleeting business and, with some of its toughest competition having a head start on sales and marketing by decades,  it’s not even a fair fight. A StreetEasy comparison of Manhattan’s largest closings (mainly condos) in 2005 and 2017 reveals that resales in landmark-designated buildings consistently nab deals that qualify as the borough’s top 10 percent, while new developments are one-hit wonders that slip from the upper-tier in short order. Although new […]



More than 80 percent of homes in San Francisco are $1M+



Posted: 18 Nov 2018 10:00 AM PST


Northern California is the most expensive place to live in the country, a new report shows. Approximate 81 percent of all homes in the San Francisco metro area cost $1 million or more, according to a report from online listings platform Trulia. That’s up from 13.7 percent at same time last year, the New York Post reported. That’s much higher than anywhere else in the country, where just 3.6 percent of all homes are above […]



One of the world’s biggest co-living complexes to open in San Jose



Posted: 18 Nov 2018 09:00 AM PST


The unconventional co-living industry will make its biggest bet yet in San Jose – one of California’s least affordable cities – with a plan that calls for almost 800 bedroom-only units. This month, the startup company Starcity – best known for transforming hotels, retail buildings and parking garages into dorm-style complexes – announced what it claims is the largest co-living project of its kind, Business Insider reported. Co-living has been put forward as a potential […]



Why Edward Minskoff is unloading his prestigious Miami condo and hoping just to break even



Posted: 18 Nov 2018 08:00 AM PST


New York-based real estate developer Edward J. Minskoff listed his apartment at the Faena House condominium in Miami Beach for sale with an asking price of $16.5 million, about 8 percent more than he paid in 2015. Minskoff is the latest in a series of wealthy individuals who have decided to sell units at Faena House, one of the most expensive condominiums in South Florida. Minskoff told Mansion Global that his $15.3 million acquisition of […]



Check out this new Bel Air spec mansion spanning 25K sf listed for $88M



Posted: 18 Nov 2018 07:00 AM PST


The siege of spec mansions listing for more than $50 million in Bel Air shows no sign of abating. The latest edifice of extravagance belongs to prolific builder Ardie Tavangarian, who listed a new mega-mansion for $88 million, the Wall Street Journal reported. The eight-bedroom house has about 25,000 square feet of space, with an additional 20,000 square feet of outdoor decks, patios and gardens. The home includes a movie theatre, art studio, a game […]



Failed delivery: How the cities that missed out on Amazon’s HQ2 are coping



Posted: 18 Nov 2018 06:00 AM PST


The cities that fought until the last minute to win over Amazon are now moving on — some joyfully, some begrudgingly. Before the news leaked that New York and Crystal City, Virginia, were Amazon’s top headquarters picks, five other cities also seemed poised to nab the golden ticket. Amazon representatives reportedly revisited Chicago, Miami and Newark in late October. Texas appeared a viable contender with sources in early November telling outlets that the company was […]


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