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Month: June 2019

In Brexit-battered London, flipping condos in contract has become risky business

Speculators have made fat profits fast by agreeing in writing to buy luxury real estate in London, then selling the contracts at higher purchase prices (Credit: Pixabay) Sagging home prices in London have injected greater risk into ...

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  • 23 Jun
  • The Real Deal
  • Uncategorized
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ICYMI Brokers in cabs: Corcoran Group’s Sydney Blumstein

[video_embed][/video_embed] In the second episode of The Real Deal‘s new series “Brokers In Cabs,” the Corcoran Group’s Sydney Blumstein talked about agent gossip, how a dating competition in her rental broker days led to gobs of new ...

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  • 23 Jun
  • The Real Deal
  • Uncategorized
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Canada’s favorite alternative investment? Real estate

(Credit: iStock) Institutional investors in Canada are prioritizing North American real estate over other alternative investment options despite some reservations about financial performance. CIBC Mellon, headquartered in Toronto, ...

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  • 23 Jun
  • The Real Deal
  • Uncategorized
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How tiny tubular homes could be a salvation for Hong Kong

Hong Kong may be in a state of unrest, but a local design firm is seeking to mitigate the city’s housing crisis with concrete pipes rebuilt as stackable apartments. James Law Cybertecture is seeking city approval to offer micro ...

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  • 23 Jun
  • The Real Deal
  • Uncategorized
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Glenn Close to part ways with 11-acre Westchester estate

The actress, singer and producer has put her Bedford Corners home on the market for $3.6M. Emmy Award winner and Westchester County native Glenn Close has listed her 10.67-acre estate in Bedford Corners for $3.6 million. The acclaimed ...

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  • 23 Jun
  • The Real Deal
  • Uncategorized
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Italy’s new tax haven status a boon to Tuscan luxury market

Villa Angelina in Lucca, Tuscany, Italy (Credit: Concierge Gardens) The Tuscany region of Italy’s status as a tax haven has local homeowners and real estate brokers seeing green. Italy’s government in 2017 passed a law that created a ...

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  • 23 Jun
  • The Real Deal
  • Uncategorized
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Sotheby’s to open new brokerage in the Middle East

Qatar Sotheby’s International Realty General Manager Seran Gheorghe, and a view of Doha, Qatar Sotheby’s International Realty is growing in the Middle East. The brokerage firm is adding a new arm in Qatar, Inman reported. The branch, ...

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  • 23 Jun
  • The Real Deal
  • Uncategorized
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“Empire” mansion still looking for buyer after 6 years and 40% price cut

45 Lakeview Lane, Barrington Hills with Terrance Howard as Lucious Lyon on “Empire” (Credit: Wikipedia and Pricey Pads) A 17,000-square-foot Barrington Hills mansion frequently seen on the Fox TV series “Empire” has yet to find a buyer ...

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  • 22 Jun
  • The Real Deal
  • Uncategorized
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Retired apparel designer sells Manhattan penthouse for big gain

Andrew Rosen and interior shots of his penthouse at 130 West 12th Street (Credit: Getty Images) Designer Andrew Rosen sold his Manhattan home for $18.5 million after quitting his job as CEO of the apparel company Theory in April. Rosen ...

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  • 22 Jun
  • The Real Deal
  • Uncategorized
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Judge says landlord, realty firm should pay $25K penalty for transgender discrimination

Giana Desir A judge recommended that a landlord and realty company pay $25,000 for discriminating against a transgender woman seeking an apartment in Brooklyn. The ruling by administration law judge John B. Spooner favored Giana Desir, ...

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  • 22 Jun
  • The Real Deal
  • Uncategorized
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