The Real Deal - New York Real Estate News

Michigan coach Jim Harbaugh lists Bay Area estate for $12M

Posted: 31 Jul 2021 11:00 AM PDT

Former San Francisco 49ers head coach and Bay Area local Jim Harbaugh looks to sell his estate in the tony community of Atherton. Harbaugh, the head football coach at the University of Michigan, is asking $13 million for the 1.3-acre property, more than twice the $6.3 million he paid for it in 2012, according to the Los Angeles Times. The property includes an 8,500-square-foot home and a guest house with five bedrooms and eight bathrooms

Met Museum among art institutions to get “green” funding

Posted: 31 Jul 2021 09:00 AM PDT

The Metropolitan Museum of Art in Manhattan dates back to 1880. The Museum of Fine Arts, Boston was built a decade before that. Both iconic and massive institutions hold some of the most important artworks in the world, but they don’t exactly hold their own when it comes to energy efficiency. Now, they are among 79 art institutions across the country that have received $5.1 million total from the Helen Frankenthaler Foundation to help upgrade

China’s 2nd largest property developer is in big trouble

Posted: 31 Jul 2021 06:00 AM PDT

The hits keep coming for Evergrande Group, China’s second-largest property developer. The company’s stock price has dropped more than 70 percent in the last year, its bonds are at record lows, it is in deep debt and on Monday, S&P Global Rating cut its credit rating two notches, according to Bloomberg. A day after that, the firm’s stock price sank 13 percent after it announced it would not pay out a special dividend. Evergrande is