The Real Deal - New York Real Estate News

Elon Musk made good on his promise to “own no house” by selling off nearly all of his high-priced properties last year. Now, the world’s second richest man said his primary home is a 375-square-foot prefab in Boca Chica, Texas, according to the Houston Chronicle. He’s living in an accessory dwelling unit from the company Boxabl, which boasts that its Casita units can be set up in just one day. He “rents” the units from

Dianne Feinstein, California’s senior senator, is trying to hammer out a deal for her Lake Tahoe compound. Feinstein and her husband Richard Blum — head of Blum Capital — are asking $41 million for the nearly 5-acre compound, according to the New York Post. The property at 9115 State Highway 89 was on the market briefly last fall asking $46 million. It’s a good time to be selling in Lake Tahoe, where the market has

Is the 721-foot Somnio a superyacht or a cruise liner? Either way, condo sales have launched for the under-construction floating tower, and they’re going to cost a boatload. Prices for the 39 units aboard the ultra-luxury vessel start at about $11 million, according to the Financial Times. Somnio, which will be the world’s largest superyacht, is scheduled for a 2024 launch. The nearly $600 million project is being led by Carl Le Souef, founder of