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Month: May 2021

Federal guidelines could complicate state’s rent relief rollout

President Joe Biden and New York State Senator Brian Kavanagh. (Getty, Department of Treasury) Washington dished out a new set of guidelines for state-issued rent relief funds last week — specifications that could throw a wrench in New ...

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  • 10 May
  • The Real Deal
  • Uncategorized
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Middle East investors returning to UK property market

Property buyers from the Middle East made up 16 percent of all sales to international investors (Getty) The United Kingdom is seeing Middle East investors return to its property market after a year plagued by the coronavirus pandemic. ...

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  • 09 May
  • The Real Deal
  • Uncategorized
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Miami Heat’s Victor Oladipo buys non-waterfront Miami Beach spec home for $8M

Victor Oladipo joined the Miami Heat earlier this year. (Getty, iUse Photography) Miami Heat player Victor Oladipo scored a Miami Beach spec home for $7.8 million, The Real Deal has learned. The deal marks a record for a non-waterfront ...

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  • 09 May
  • The Real Deal
  • Uncategorized
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Canada’s surging housing market be peaking

(iStock) Canada’s soaring home sales may reach their highpoint in 2021. From there, numbers could start to dip. The Canada Mortgage & Housing Corporation projects that as many as 602,000 homes could be sold this year, up from ...

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  • 09 May
  • The Real Deal
  • Uncategorized
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Former Venezuelan oil exec sentenced in $1B money laundering scheme

Abraham Edgardo Ortega is one of nine people charged in the laundering scheme. (Getty, Department of Justice) A former executive with Venezuela’s state-run oil company was sentenced to two years and four months in prison in connection ...

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  • 08 May
  • The Real Deal
  • Uncategorized
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Mark Zuckerberg nearly doubles Hawaii real estate holdings

Mark Zuckerberg and Priscilla Chan (Getty, iStock) Mark Zuckerberg and Priscilla Chan now own just over two square miles of pristine land on the Hawaiian island of Kauai. In March, the couple spent $53 million on 600 acres of land, ...

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  • 08 May
  • The Real Deal
  • Uncategorized
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“A River Runs Through It” Montana ranch lists for $136M

The Montana property with director Robert Redford and star Brad Pitt. (Getty, Swan Land Company) An 80,000-acre working ranch in Montana, which was the backdrop for Robert Redford’s film “A River Runs Through It,” is hitting the market ...

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  • 08 May
  • The Real Deal
  • Uncategorized
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Serious buyers only: The 10 priciest new Hamptons listings

For a mere $175 million, 700 Meadow Lane can be yours. Never has there been a better time to list a Hamptons estate. The pandemic supercharged interest in vacation homes as well as primary residences, and with virtually anyplace with ...

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  • 07 May
  • The Real Deal
  • Uncategorized
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NY tax officials crack down on remote workers

Working from an out-of-state home does not mean you can skip paying New York taxes. (iStock) Tax officials in New York state are taking a closer look at the refund claims of folks who traded a desk in New York for their out-of-state ...

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  • 07 May
  • The Real Deal
  • Uncategorized
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In (LA) theaters now: More people

Theaters can now operate at 50% capacity (Getty) Los Angeles County has come a long way since Covid rates spiked in early February, and on Thursday officials expanded indoor capacity at bars, restaurants, gyms, movie theaters, ...

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  • 07 May
  • The Real Deal
  • Uncategorized
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