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Month: November 2020

LA eviction moratorium withstands landlords’ legal challenge

Photo illustration of Mike Feuer, Daniel Yukelson and Judge Dean Pregerson (Getty, iStock) Los Angeles’ eviction moratorium isn’t going anywhere, after a judge found no evidence of “irreparable harm” being done to landlords. Federal ...

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  • 16 Nov
  • The Real Deal
  • Uncategorized
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Helicopter heiress lists Hermosa Beach home for $23M

600 The Strand and Cindy Robinson Mullen (Realtor, Tim & Cindy) Helicopter heiress Cindy Robinson Mullen has listed her third property of the year, this time in Hermosa Beach. Robinson Mullen is asking $22.9 million for the ...

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  • 16 Nov
  • The Real Deal
  • Uncategorized
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Beverly Hills Saks Fifth Avenue hits the auction block

9600 Wilshire Boulevard (Google Maps, iStock) There’s a sale at the Saks Fifth Avenue store in Beverly Hills — but not the usual kind. The property’s lender is planning to sell the retail property at 9600 Wilshire Boulevard at a ...

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  • 16 Nov
  • The Real Deal
  • Uncategorized
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Blackstone’s Schwarzman defends Trump on exec call

Blackstone’s Stephen Schwarzman and President Donald Trump (Getty) Hours after President Donald Trump questioned the results of the presidential election and falsely claimed that voter fraud had occurred, about 30 chief executives of ...

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  • 16 Nov
  • The Real Deal
  • Uncategorized
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Manhattan townhouse featured in “The Undoing” relists at $30M

The townhouse (Credit: Sotheby’s) The 19th-century Manhattan townhouse that appears in HBO’s new miniseries “The Undoing” is back on the market at a slight discount. The home at 8 East 63rd Street is now asking $30 million, down from ...

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  • 15 Nov
  • The Real Deal
  • Uncategorized
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Demand surges for Britain’s country estates

The Bowden Park Estate in Wiltshire, England (Photos via Savills) The once-slumping market for England’s most elaborate and expensive country estates has been surging in recent months. At least 19 country estates have sold for more $20 ...

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  • 15 Nov
  • The Real Deal
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Feds put Neoclassical architecture policy into practice

(Credit: iStock) President Donald Trump never implemented a proposed measure that would have effectively banned new federal buildings from being constructed in the modern style, but one government agency has put its policy into ...

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  • 14 Nov
  • The Real Deal
  • Uncategorized
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Back to the future: Automat dining concept gets Covid upgrade

Brooklyn Dumpling Shop (Photos via Brooklyn Dumpling Shop; iStock) A century-old dining concept is being resurrected in the New York metro area, as restaurant owners struggle for customers amid the continued coronavirus restrictions. ...

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  • 14 Nov
  • The Real Deal
  • Uncategorized
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$185.5M London penthouse is UK’s second-priciest sale this year

No. 1 Grosvenor Square (Lodha Luxury) A palatial penthouse at a storied address in London’s Mayfair neighborhood has sold for £140 million (or $185.5 million), making it the second-priciest deal of the year in the U.K. Lodha U.K., the ...

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  • 14 Nov
  • The Real Deal
  • Uncategorized
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Real estate stocks had a big week. But are they still undervalued?

410 Tenth Avenue (Google Maps, iStock) Real estate stocks ended the week on a positive note, with companies sustaining gains made earlier this week after Pfizer announced successful trials for its Covid-19 vaccine. Some of the ...

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  • 13 Nov
  • The Real Deal
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