The Real Deal - New York Real Estate News

An Upper East Side mansion reported to have been once owned by Hollywood legend and Princess of Monaco Grace Kelly, has sold for $25 million, according to New York City Department of Finance records. The home, at 51-53 East 73rd Street was purchased late last year by Chai 73, a limited liability company with an address listed as 975 Fifth Avenue in Manhattan, had been on the market since February as part of bankruptcy proceedings

Residents living in and around Passaic, New Jersey are being told to keep their windows closed after a fire at a chemical plant in the city burned overnight. Firefighters were still battling the blaze early Saturday morning, according to the New York Times, and no major injuries had been reported. “We’re going to be fighting this fire for days,” Passaic mayor Hector C. Lora, told the newspaper in a pre-dawn interview. The 11-alarm blaze ignited

Freddie Krueger’s infamous hunting ground has been sold. The Los Angeles home that was the set for 1984’s “A Nightmare on Elm Street” sold for $2.98 million earlier this month, CNN reported, citing Realtor.com. The Dutch Colonial home at 1428 North Genesee Avenue in West Hollywood, was listed for $3.25 million last fall. Lorene Scafaria, the director of “Hustlers” and the girlfriend of comedian and director Bo Burnham, sold the property after buying it for

Germany, the only nation with two cities identified as most at risk to a property bubble, will put the squeeze on mortgage lending over mounting concern that booming housing prices pose a risk to the economy. The move, by the nation’s Federal Financial Supervisory Authority, comes as the European Central Bank drags its feet about raising interest rates, fueling a speculative property frenzy across the continent, the Wall Street Journal reported. Housing bubbles have led

Residents of the Hawaii and the Pacific coast of the United States are waking up to a Tsunami advisory after an underwater volcano erupted off the coast of the Polynesian Kingdom of Tonga. CNN is reporting a tsunami advisory is in effect Saturday morning for the states of California, Oregon, Washington and Alaska, according to the NWS National Tsunami Warning Center in Palmer, Alaska. The Center’s tsunami warning coordinator, Dave Snider, told CNN, the wave

It’s the ideal hipster home – black on black over black. The octagonal house, asking $250,000 in Lincoln, Illinois, is trending on social media because of its striking coal black exterior, and a black interior to match, according to ChicagoAgent Magazine. Call it Gothic Noir. Or as fans of the Zillow Gone Wild social media page have dubbed it: the “Goth Home.” “Really love what you’ve done with the summer cottage, Batman,” one fan wrote

Priced out of the bonkers Hudson Valley housing market? You can always rent a room – six more hotels are opening soon. The options, ranging from the ski town of Windham to the Hudson River hamlet of Coxsackie, include traditional resorts and glamping–think Airstream campers!–for the more adventurous, according to the Times Union. It’s part of the region’s decades-long attempt to return to its Borscht Belt heyday, when hundreds of resorts dotted the area, home