The Real Deal - New York Real Estate News

A picturesque 13-acre estate owned by the late actor Stuart Whitman has just hit the market for $62 million, making it the most expensive property currently listed in Santa Barbara, the L.A. Times reported. According to the paper, the second-priciest home in Santa Barbara county is the nine-acre compound owned by Ellen DeGeneres and her wife, Portia de Rossi. The couple listed their home in October for $40 million. Whitman owned the ranch, which is

Retailers are disappearing from high streets in the United Kingdom and it might be office and residential uses that replace them. More than 7,800 retail stores closed in the first half of 2020, not far off the 9,169 total that closed all of last year and more than closed in each of the three years prior. Office and residential developers and investors are looking to fill some of those spaces, according to the Financial Times.

Former Vice President Joe Biden has defeated President Donald Trump after one of the most divisive races in U.S. history. Biden will become the nation’s 46th president, with his native Pennsylvania and its 20 Electoral College votes putting him over the top Saturday morning. Counting of votes continues in that state, but news organizations began calling the race after Biden took the lead and his advantage in mailed ballots put him on pace to win

A Chinese data center operator and developer has raised $1.6 billion in a secondary listing on the Hong Kong Stock Exchange, and considers the territory to be a hub of the region. Shanghai-based GDS Holdings, which has been listed on Nasdaq since 2016, is the latest in a wave of companies making secondary listings in Hong Kong, according to the South China Morning Post. The secondary listing has become increasingly popular since e-commerce giant Alibaba