Month: November 2021

From top: Silver Court mobile home park at 3170 Southwest Eighth Street, Sunnyside/West Haven mobile home park at 6020 Southwest Eighth Street (Marquis Property Company) A Malibu-based real estate firm paid $50 million to acquire two mobile home parks on Southwest Eighth Street in Miami, marking the end of a decades-long family ownership of the…

701-710 S New Hampshire Ave and Bridge Housing principal Ken Lombard (Google Maps, Bridge Housing) A major nonprofit developer intends to build a six-story, 95-unit homeless and affordable housing development in Koreatown. San Francisco-based Bridge Housing filed its project application with the Los Angeles Department of City Planning on Monday. The project is located on…

Plans for the new economic development zones in North Hollywood and South L.A. (Urban Land Institute of Los Angeles, iStock) The Los Angeles City Council officially established two first-of-their-kind economic development zones in North Hollywood and South L.A. The so-called Jobs and Economic Development Zones, or JEDI Zones, are meant to provide various forms of…

Housing construction in the Bay area (iStock) California cities and counties didn’t permit nearly enough housing last year to keep pace with the state’s production goals, and much of what they approved wasn’t affordable to most residents, a new “report card” shows. Jurisdictions reported issuing about 109,000 housing permits last year, about three-quarters of what…

The Watermark at Brooklyn Heights (Watermark at Brooklyn Heights) Most people like to vacation in places that feature indoor pools, spa facilities and restaurants that provide a choice of gourmet meals every night. And others like to retire there. To cater to those seniors, a new batch of assisted living facilities have opened around the…

Cardi B and her property in the Dominican Republic (Getty, Airbnb, Celebrity Brokers Antonio Khoury and Brandi Hunter) When rapper Cardi B isn’t busy busting up the Billboard Hot 100 chart, she’s putting together a real estate portfolio that she would probably describe as “okurrr.” Realtor.com reported that the 29-year-old has been involved in at…

New York Governor Kathy Hochul touring construction in the subway (Getty) Gov. Kathy Hochul is looking to get the Second Ave. Subway project back on track. Hochul said on Nov. 23 that work on the project’s next phrase is “ready to go,” according to the New York Post. She spoke with reporters after touring a…

The mansion used as a setting in the film “House of Gucci.” (Airbnb) Now you, too, can rent the House of Gucci — before it’s available on-demand. The Italian mansion pranced around in by the likes of Lada Gaga, Adam Driver, Salma Hayek and Jared Leto in the just-released film “House of Gucci” will be…

Leon Black and Debra Black with the townhouse (Getty, Beauchamp Estates) Leon Black, the founder and former CEO of Apollo Global Management, bought an opulent apartment in London’s Belgravia neighborhood. Black bought the 7,500-square-foot unit for $28 million from the estate of Kathleen DuRoss Ford, the widow of Henry Ford II, according to Dirt. Black…

Austin, Texas. (iStock) Everything’s bigger in Texas, and the price of a home in Austin is no longer an exception. The capital of the Lone Star State has fast become one of the hottest places to live in the country, and with 180 new residents moving to the city every day in 2020, prices of…