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Month: February 2022

Hot market sends Phoenix rents rising, pricing some out

Phoenix, Arizona (Getty) Rents in south Phoenix are heading north. According to AZCentral.com, the cost of leasing a home across the neighborhood has risen 57 percent in the last five years, climbing to more than $2,000 in areas where ...

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  • 06 Feb
  • The Real Deal
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Property giveaways fail to draw newcomers to Kansas towns

Free fixer-upper in Lincoln, Kansas (The Hustle) Even in a national housing shortage, towns across the Kansas plains can’t seem to give away land for new homes. Despite rising home prices in the Sunflower State, property giveaways in ...

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  • 05 Feb
  • The Real Deal
  • Uncategorized
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Columbia University president Lee Bollinger lands Central Park West apartment for $11.7M

Columbia University president Lee Bollinger (Getty) Columbia University president and First Amendment scholar Lee Bollinger has picked up a three bedroom apartment in the landmarked Beresford on Central Park West for $11.7 million, ...

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  • 05 Feb
  • The Real Deal
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“Aquaman” star Jason Momoa living in a $750K camper after divorce

Jason Mamoa (Getty, EarthRoamer) In a Los Angeles built on cars, there was only one course for Jason Momoa after his divorce last month: hit the road in his $750,000 custom Ford RV. The 42-year-old star of “Aquaman” has been seen about ...

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  • 05 Feb
  • The Real Deal
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Sou Fujimoto’s House of Music revives historic park in Hungary

Japanese architect Sou Fujimoto (iStock, Liget Budapest, Illustration by Kevin Cifuentes for The Real Deal) Japanese architect Sou Fujimoto’s House of Hungarian Music, dubbed by ArchDaily as among the year’s most anticipated buildings, ...

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  • 05 Feb
  • The Real Deal
  • Uncategorized
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Wave of gentrification in Puerto Rico prices out locals

YouTube phenom Logan Paul & Crypto billionaire Brock Pierce (Getty Images, iStock, Illustration by Kevin Cifuentes for The Real Deal) YouTube phenom Logan Paul moved into a $13 million mansion. Crypto billionaire Brock Pierce ...

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  • 05 Feb
  • The Real Deal
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Leisure and hospitality gain ground as 2022 opens in hiring boom

(iStock) The leisure and hospitality industry added 151,000 jobs in January, accounting for nearly a third of all positions added to the U.S. economy, according to government figures released Friday. The robust performance abated fears ...

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  • 04 Feb
  • The Real Deal
  • Uncategorized
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DTLA ‘redwoods’ cut down to 40 stories

Renderings of the Sky Trees project at 1111 S. Hill St., L.A. (Koichi Takada Architects, Doug and Wolf) A plan to build a 40-story residential highrise in Downtown Los Angeles that looks like a giant redwood tree has been whittled down ...

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  • 04 Feb
  • The Real Deal
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Canadian REIT takes full ownership of controversial Hollywood tower

Lumina Hollywood at 1522 North Gordon Street (Lumina Hollywood) A Canadian real estate investment trust has paid $79.4 million to assume complete ownership of a 22-story apartment complex with a checkered history of development in ...

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  • 04 Feb
  • The Real Deal
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Amazon doubled its real estate holdings in 2021

Amazon’s Jeff Bezos (Getty Images, iStock/Photo Illustration by Steven Dilakian for The Real Deal) Amazon literally doubled down on owning real estate last year. The e-commerce giant finished 2021 with twice as much of its own ...

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  • 04 Feb
  • The Real Deal
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