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Month: February 2020

Ranking: The top developers in Los Angeles

(Illustration by Jaye Kang) Up until a year or two ago, Los Angeles’ development pipeline was filled with glass towers and sprawling multi-use projects. There were ambitious plans for glossy luxury condos, retail and hotels at ...

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  • 10 Feb
  • The Real Deal
  • Uncategorized
  •  1

Simon is buying Taubman Centers

David Simon of Simon Property Group, Land & Buildings Investment Mangement founder Jonathan Litt and Robert Taubman of Taubman Centers (Credit: Getty Images) Simon Property Group, the country’s largest mall owner, is buying ...

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  • 10 Feb
  • The Real Deal
  • Uncategorized
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Protests, viral videos and pilaf: A legendary NYC eatery’s bizarre real estate battle

Tastes Of Persia NYC’s Owner In Heated Dispute A dispute over one rent at one New York’s most eclectic eateries has boiled over – fights, 911 calls and all. For seven years, Saeed Pourkay ran his Persian takeout counter Taste of Persia ...

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  • 09 Feb
  • The Real Deal
  • Uncategorized
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LOL this $100K parking spot is the cheapest real estate in San Francisco

San Francisco has a $100,000 parking spot A hundred grand will get you a house in some parts of the country. In San Francisco, it might get you a parking spot in a decent neighborhood. Parking spot no. 140 at the 88 Townsend in prime ...

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  • 09 Feb
  • The Real Deal
  • Uncategorized
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Check out Gary Barnett’s “Adult treehouse” at One Manhattan Square

One Manhattan Square’s adult treehouse (Credit: Extell) Extell Development is making headway with One Manhattan Square’s 45,000-square-foot “urban oasis” outdoor amenity pedestal, including what it calls an “adult tree house.” Along ...

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  • 09 Feb
  • The Real Deal
  • Uncategorized
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Elon Musk teases possibility of a Texas gigafactory

Elon Musk seems to want to build a Tesla factory in Texas (Credit: Getty Images, iStock) Tesla CEO Elon Musk put out the possibility of a Tesla “gigafactory” production facility in Texas this week. Musk polled Twitter users with a ...

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  • 08 Feb
  • The Real Deal
  • Uncategorized
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How Chinese developers are exposed to Coronavirus

China’s coronavirus outbreak appears to be slowing property sales activity in affected areas of China. (Credit: iStock) China’s coronavirus outbreak is slowing down sales activity and putting pressure on domestic Chinese developers. If ...

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  • 08 Feb
  • The Real Deal
  • Uncategorized
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Millennials are ready to break the golden rule of home-buying

Home buyers have for decades been advised to never put a less than 20 percent down payment on a house, but 70% of young home-buyers are willing to break that rule this year (Credit: iStock) Add the 20-percent-down-payment rule to the ...

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  • 08 Feb
  • The Real Deal
  • Uncategorized
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The high cost of low taxes: South Carolina town bans all development for 16 months

South Carolina town puts moratorium on development (Credit: iStock) Slashing taxes and taking a hands-off approach to governance attracted thousands of residents to places like in Lake Wylie, South Carolina. But politicians neglected ...

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  • 08 Feb
  • The Real Deal
  • Uncategorized
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Boston takes a cue from New York, looks to reverse broker fee system

Boston Mayor Martin Walsh (Credit: Getty Images) First New York, now Boston? Following New York’s example, Boston is considering eliminating its rental broker fees, the Boston Herald reported. Mayor Martin Walsh announced he would form ...

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  • 07 Feb
  • The Real Deal
  • Uncategorized
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