The Real Deal - New York Real Estate News

DIYers are no longer racing for hammer and nail

Posted: 21 Aug 2021 11:00 AM PDT

Maybe all those do-it-yourselfers completed all their projects around the house. Home Depot’s same-store U.S. sales fell short of estimates in the second quarter, according to Reuters. It’s a notable decline from the company’s huge pandemic-fueled 2020. Same store sales did rise, but just 3.4 percent in the second quarter compared to Q1. That was the smallest increase in two years, and well below analysts’ estimates of 4.9 percent. Share prices for the nation’s largest

Israel rebukes Poland for law limiting property claims seized by Nazis

Posted: 21 Aug 2021 09:00 AM PDT

Israel has pulled its top diplomat from Poland, angry about a decision that limits claims on property seized by the Nazis and later by Poland’s communist government. Polish President Andrzej Duda signed the law last week limiting claims to a property to 30 years after confiscation, according to Reuters. Previously, Jewish expatriates and descendants — or anyone else — could claim a property was illegally seized and demand its return. World War 2-era confiscations are

White House replica — complete with oval office — hits market

Posted: 21 Aug 2021 06:00 AM PDT

Want to live at the White House but don’t fancy all the handshaking and speechmaking? There is a house for you in McLean, Virginia. A 1995-built replica of the original hit the market for $2.7 million, according to Mansion Global. The mansion’s address, 1111 Towlston Road, is no 1600 Pennsylvania Avenue though it does have a certain charm. At around 14,000 square feet, the three-story home is significantly smaller than its 55,000-square-foot counterpart in Washington.

Supreme Court ruling keeps Obama Center work on track

Posted: 21 Aug 2021 05:58 AM PDT

The U.S. Supreme Court denied a late challenge to the Obama Presidential Center construction project, potentially the last word on stopping the $700 million development in Jackson Park. Supreme Court Justice Amy Coney Barrett rejected an emergency appeal to stop work at the site, denying the motion without comment, according to Crain’s. The group Protect Our Parks has been fighting the project’s location for years, citing environmental concerns and its impact on lower-income renters and