The Real Deal - New York Real Estate News

Pharrell, Emmitt Smith back competing mall redevelopment plans

Posted: 14 Aug 2021 11:00 AM PDT

Pharrell Williams and Emmitt Smith are among the investors vying for the right to redevelop a mall in Norfolk, Virginia. The rapper and NFL Hall of Fame running back are on competing development teams for the project at the Military Circle Mall, according to the Virginian-Pilot. Slammed by the pandemic, malls are gaining renewed attention as potentials for massive redevelopment. Williams, a Virginia Beach native, is part of a team that includes developers Armada Hoffler

Manhattan parking condos hit market at up to $350K

Posted: 14 Aug 2021 09:00 AM PDT

The seminal book on vehicle storage, by Donald Shoup, is titled “The High Cost of Free Parking.” That certainly does not apply to a new Centerpark project in Manhattan. The parking garage operator has converted one of its traditional rental garages into a condominium for cars, selling spaces outright, according to Bloomberg. Centerpark’s garage has 23 spaces at The Mayfair building at 301 East 69th Street in Lenox Hill. Some are listed for as much

“Barbie Penthouse,” where Barbara and Kenneth lived, hits market

Posted: 14 Aug 2021 06:00 AM PDT

The “Barbie Penthouse” in L.A., where Mattel’s founders raised their kids Barbara and Kenneth, hit the market for $10 million. The 3,200-square-foot unit at Century Towers in Downtown is where the namesakes of the brand’s two iconic dolls grew up, according to the New York Post, which first reported the listing. The current owner Nicole Sassaman bought the penthouse a decade ago from Barbara Segal, who inherited it from her parents, Ruth and Elliot Handler.