The Real Deal - New York Real Estate News

Amencio Ortega buys Toronto’s Royal Bank Plaza

Posted: 16 Jan 2022 08:30 AM PST

Billionaire Amancio Ortega, the Zara clothing founder, is making a splash in Toronto. Ortega paid the equivalent of $961 million to buy the city’s gold-clad Royal Bank Plaza skyscraper, one of the biggest sales for an office building globally since the start of the coronavirus pandemic, Bloomberg reported. The seller was Oxford Properties, the real estate arm of Ontario’s pension fund for municipal workers, and the Canada Pension Plan Investment Board. The funds put the

564-acre California ranch with redwoods, six homes and two Prohibition-era bars lists for $22.5m

Posted: 16 Jan 2022 08:00 AM PST

A Northern California ranch said to have hosted Charles Lindbergh and Gregory Peck had its price chopped by $2.5 million. The 564-acre Island Farm property in San Gregorio has six historic homes and is now asking $22.5 million, according to Mansion Global. It’s been owned by the same family for a century and has furnished log cabins, redwood forests, ponds and streams and grazing cattle. “There’s over 80 acres of redwood forests with a stream

Atlanta home where Bobbi Kristina Brown overdosed sells after bidding war

Posted: 16 Jan 2022 07:45 AM PST

For more than a year, potential buyers wouldn’t touch the Atlanta townhouse where the 22-year-old daughter of the late Whitney Houston was found unconscious from a drug overdose, and later died. Pulled from the market in 2020, five years after the home where Bobbi Kristina Brown was discovered in a bathtub, it was relisted in November and sold after a bidding war for $715,000 – well above its original $599,000 price tag, according to the

Hobbit-size home lists for $307K in UK

Posted: 16 Jan 2022 06:00 AM PST

The limestone house sits at the front of a 1,000-year-old country estate once visited by James I. French doors open onto a sunken garden. It’s listed for the equivalent of just $307,000. The catch: The North Yorkshire gatehouse at the historic Grimston Park estate in Tadcaster measures a total of 408 square feet, according to The Spaces. It’s considered the smallest detached house in Britain. While it may seem the right size for a hobbit,