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Month: July 2021

Judge OKs insurance disbursements to victims of fatal Surfside condo collapse

U.S. President Joe Biden and first lady Jill Biden in Surfside at a memorial for people lost since the partial collapse of the Champlain Towers South condo building (Getty) The collapsed Surfside condominium’s association is handing ...

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  • 02 Jul
  • The Real Deal
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Judges presses pause on SoCal Flower Market redevelopment

Renderings of the Southern California Flower Mart and AIDS Healthcare Foundation CEO Michael Weinstein (Getty, Brooks + Scarpa) A judge halted plans for a large residential complex at the redevelopment of the Southern California Flower ...

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  • 02 Jul
  • The Real Deal
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Newsom recall election set as Covid restrictions on businesses take center stage

Governor Gavin Newsom (Getty) Gov. Gavin Newsom is set to face a recall election Sept. 14, largely because of opposition to his coronavirus policies. Opponents have until July 16 to file to run in the election, according to the Los ...

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  • 02 Jul
  • The Real Deal
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Housing market gets more new listings than expected

New home listings up 11% in June from May (iStock) The super-tight housing market got an influx of new listings in June — an unexpected turn of events as U.S. homes have been in short supply since even before the pandemic. The number ...

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  • 02 Jul
  • The Real Deal
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For Mohamed Hadid’s latest offering, 70 acres of undeveloped land

Mohamed Hadid and Franklin Canyon Park (Getty, Mountains Recreation and Conservation Authority) Mohamed Hadid has been forced to unload another big project. This time, the spec mansion developer is asking $100 million for 70 acres of ...

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  • 02 Jul
  • The Real Deal
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Thousands have been evicted despite state protections

Signs from a protest in San Jose earlier this year to halt eviction proceedings (Getty) Though California renters are partially protected from coronavirus-related evictions, thousands of evictions have been carried out statewide since ...

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  • 02 Jul
  • The Real Deal
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Trump Org, CFO systematically cheated on taxes, prosecutors say

Donald Trump and Allen Weisselberg (Getty) Prosecutors on Thursday charged the Trump Organization and its chief financial officer with systematically and illegally evading taxes for years, largely by failing to report compensation. The ...

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  • 01 Jul
  • The Real Deal
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Trump CFO surrenders to authorities in Manhattan DA probe

Allen Weisselberg and Manhattan District Attorney Cy Vance (Getty) Cameras flashed as the Trump Organization’s chief financial officer surrendered to authorities at the Manhattan district attorney’s office Thursday. Allen Weisselberg, ...

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  • 01 Jul
  • The Real Deal
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Miley flips Hidden Hills pad after reno without wrecking ball

Miley Cyrus and the Hidden Hills property (Getty, Dana and Jeff Luxury Groups) Pop star Miley Cyrus flipped her Hidden Hills home, nearly a year after buying the 6,400-square-foot home then embarking on an overhaul with her mother. ...

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  • 01 Jul
  • The Real Deal
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Lumber prices are splintering

Lumber futures tanked by more than 40 percent in June as demand eased and supply grew, lowering prices. (iStock) Someone yell timber. June was the worst month on record for the lumber futures as prices for the homebuilding commodity ...

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  • 01 Jul
  • The Real Deal
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