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Protestor armed with a projector takes aim at Trump Hotel: VIDEO

This week, guests at Trump’s D.C. hotel were greeted with the words: “The president of the United States is a known racist and a Nazi sympathizer. This is not a drill.” Using a projector to beam the words onto the façade of the hotel, artist and anti-Trump protestor Robin Bell connected Trump’s real estate to his politics. “I was trying to figure out the most straightforward way to talk about what’s going on,” Bell tells Gothamist. “The president […]


Source: realdeal

Inside Miley Cyrus’ new Nashville spread

Miley Cyrus is keeping the wrecking balls far away from her new house in the Nashville suburbs. The provocative young performer just dropped $5.8 million on the 33.5-acre country house, according to Variety. The 6,689-square-foot farm house boasts five bedrooms, four full baths and a rocking chair-lined porch. Overall, it’s a surprisingly unfussy and tasteful affair for the 24-year-old singer known for aggressive and scantily clad looks. But if the house is modest, Cyrus’ residential portfolio is far from […]


Source: realdeal

These are the world’s top 10 most livable cities

This past year has been tumultuous. With the inauguration of President Donald Trump, the rise of far-right extremists in the US, and terror attacks reverberating across the globe, 2017 has changed the world. However, there are a number of cities around the world where citizens are happy, social services, are improving, and economies are growing. These places routinely make the list of the world’s most livable cities. Using factors such as crime, healthcare, culture, and access […]


Source: realdeal

No Warhols to be found in Campbell Soup heiress’ Newport estate

From LLNYC: Known as “Dodo,” the Newport, R.I. mansion of the late Campbell Soup heiress Dorrance Hill Hamilton just hit the market asking $12.5 million, according to the Wall Street Journal. While the house is full of traditional charm, it is actually newly built. As she aged, Hamilton, who passed in April, required a home without stairs, so in 2012 she built a sprawling new estate on historic Ocean Drive. Now, Kate Kirby Greenman of Gustave […]


Source: realdeal

National Cheat Sheet: CBRE named most active I-sales brokerage, Feds urge Zillow to settle over deceptive practice allegations … & more

CBRE becomes top investment sales brokerage as overall volume drops For the first time since 2013, CBRE claimed the top spot among the nation’s most active investment sales brokerages. With 23.2 percent market share in commercial property investment sales, CBRE topped Eastdil Secured’s 20.9 percent share, according to Real Estate Alert’s rankings, which were based on data collected from the first half of 2017. Eastdil’s deal volume plummeted by 19 percent, after star brokers Doug […]


Source: realdeal

Keep your rivals closer: Knotel signs lease in Neuehouse building

Flexible office space provider Knotel is moving onto its rival’s turf, signing a 17,000-square-foot lease in a building that is already home to co-working company Neuehouse. The deal at ATCO Properties’ 373 Park Avenue South has a 10-year term, Commercial Observer reported. Both sides were represented in-house. Asking rent on the deal was $62 a square foot. Knotel, which raised $25 million in a Series A funding round in February, takes office space under lease […]


Source: realdeal

3 charities just dropped Trump’s Mar-a-Lago for their big fundraisers after Charlottesville

Three charities have pulled their fundraising events from President Donald Trump’s Mar-a-Lago resort in Palm Beach, Florida, in the wake of his response to a white supremacist rally in Charlottesville Virginia. The Cleveland Clinic, American Cancer Society, and American Friends of Magen David Adom all said they wouldn’t hold their 2018 galas at the resort. The organization had held their annual events at Mar-a-Lago for a number of years. The decisions to pull out of Mar-a-Lago […]


Source: realdeal

Son of late NYC hotelier claims stepmom cost him $300M

The son of late hotelier Norman Peck is suing his stepmother for allegedly causing him to lose $300 million. Ian Peck, whose father owned the Carlyle hotel before selling it for $130 million, claims Liliane Peck ruined his reputation and as a result caused him to lose a $100 million equity investment and a $200 million line of credit from a bank, the New York Post reported. The suit alleges that his stepmother defamed him […]


Source: realdeal

Mark your calendars — TRD Miami’s real estate event is going down on Oct. 26

Mark your calendars, real estate pros — The Real Deal’s fourth annual South Florida Real Estate Showcase and Forum is going down Oct. 26 at Soho Studios in Wynwood! Last fall we had a blockbuster showcase, with packed panels and more exhibitors than ever. This year we expect an equally full house and have included a limited number of VIP tickets that entitle you to a front-row seat at our panel discussions. Attendees will be […]


Source: realdeal

Is the link between gentrification and displacement actually that strong?

Although proposals for large new developments in New York City almost always face criticism that they will displace current neighborhood residents, research has shown the link is not necessarily as strong as community activists and local politicians claim. A study in 2011 by the Furman Center for Real Estate and Urban Policy looked at American cities during the 1990s and found no evidence of rising displacement, even among extremely poor households in areas that were […]


Source: realdeal