The Real Deal - New York Real Estate News

Charleston’s housing market jolted by young families, transplants

Posted: 20 Feb 2022 12:00 PM PST

Charleston’s known as the Holy City — and holy moly are people making it their home. The South Carolina city is seeing a wave of interest among locals and new arrivals looking to establish new roots, the Wall Street Journal reported. Terri Lee London, an agent with Century 21 Expert Advisors, told the outlet remote work policies sent locals looking for larger homes and potential transplants eyeing a different pace of life. Sales of single-family

Penthouse formerly owned by Britney Spears, Cher and Russell Simmons hits market for $7M

Posted: 20 Feb 2022 11:49 AM PST

This listing could make the Hot 100. The penthouse atop the building that once housed Tower Record’s Noho location — and has been the home to such music industry royalty as Cher, Russell Simmons and Britney Spears — can now be taken for a spin for just under $7 million. The quad-plex, located at 14 E. Fourth Street in the Silk Building, was Spears’ home for four years in the early 2000s, during which time

Real Estate “disruptor” cuts staff by 28 percent

Posted: 20 Feb 2022 10:37 AM PST

Homie, the real estate industry disrupter selling properties in Utah, Arizona, Colorado, Idaho and Nevada, laid off 119 employees this week — 28 percent of its staff — claiming it was struggling in a market bereft of supply. “Record low inventories have absolutely played a role in this,” Homie co-founder and CEO Johnny Hanna told the Deseret News. “2021 was already an incredibly competitive year and we started out this year with even fewer homes

Investigators: Zinke abused cabinet role to push hometown project

Posted: 20 Feb 2022 09:00 AM PST

For former U.S. Interior Secretary Ryan Zinke, it all may have started with a couple of beers in his hometown of Whitefish, Montana. Now federal investigators say Zinke misused his position to advance a commercial development project that included the construction of a hotel and microbrewery in his hometown, then lied to an ethics official about his involvement, the Associated Press reported. Investigators with the Interior Department’s inspector general found the former Trump administration official