The Real Deal - New York Real Estate News

Evergrande posts photos of workers at dozens of job sites as troubles mount

Posted: 02 Oct 2021 12:00 PM PDT

China Evergrande Group, whose $300 billion of liabilities make it the world’s most indebted developer, tried to reassure investors that it’s still hard at work as it missed its second offshore bond interest payment in a week. At least three local Evergrande offices posted time-stamped photos of workers at construction sites on social media, according to Insider.The Pearl River Delta office posted photos from Sept. 24 and said it would deliver on time 20 local

This 250-acre abandoned waterpark in Mojave Desert is for sale

Posted: 02 Oct 2021 09:00 AM PDT

An infamous abandoned waterpark in California’s Mojave Desert is once again up for sale. The 250-acre park at 72 Hacienda Road in Newberry Springs, which started its life as Lake Dolores Waterpark, is asking $11 million, according to the New York Post. The park has been shuttered since 2004. Its dozens of structures are decaying and now almost entirely covered with graffiti, making it something of a local attraction. The property is entitled for “any

Kanye reportedly buys bachelor pad in Belgium

Posted: 02 Oct 2021 06:00 AM PDT

Kanye West isn’t done buying luxury real estate, and he’s not confining his purchases to the U.S. West has reportedly bought a home in Belgium, shortly after closing on a $57 million purchase in Malibu. The 22-time Grammy winner bought a home in Wijnegem, a suburb of Antwerp, according to the Daily Mail. News of the sale reportedly came from a source close to designer and art dealer Axel Vervoordt. West, an architect aficionado, tapped