Actress Drew Barrymore has sold her 18th-century Colonial mansion in Harrison, New York, for $4.5 million just two years after purchasing the Westchester County property, according to public records and real estate listings. The sale closed on Monday, ending a short tenure that began when the 51-year-old star bought the sprawling estate for $4.4 million … Read more
Customers of Long Island-based 1-800-Flowers.com could receive refunds after the New York Attorney General’s Office announced Wednesday that the company agreed to pay $375,000 to settle complaints over its subscription policies. Attorney General Letitia James stated that an investigation found the company failed to make required disclosures regarding its Celebrations Passport subscription service, which allows … Read more
Australia’s housing market has moved into a downturn for the first time in more than three years, with national capital city house prices falling 1.4 per cent and unit prices dropping 1.2 per cent in the June quarter. According to data from the online real estate company Domain, this shift follows three years of uninterrupted … Read more
A $15 million residence at 1940 Broadway in San Francisco’s Pacific Heights neighborhood is currently on the market, offering a specialized layout designed for large-scale art curation. According to listing agent Gregg Lynn of Sotheby’s International Realty, the 3,000-square-foot property, known as The Heights, features a 60-foot great room engineered for displaying significant contemporary works. … Read more
U.S. home prices reached an all-time high in June, with the median price of existing homes climbing to $440,660, according to data from the National Association of Realtors (NAR). This 1.8% increase over the previous year marks 36 consecutive months of rising home prices, further straining affordability for first-time buyers as a bipartisan housing bill … Read more
Beach Boys co-founder Mike Love has listed his 18,922-square-foot Lake Tahoe estate for $43 million. The 85-year-old musician, who has owned the Nevada property for over four decades, is selling the residence because he is seeking a smaller home now that his eight children are grown, according to listing agent Jeannette Harpole of Keller Williams … Read more
The New York City luxury residential market is shifting toward “pencil-thin” supertall towers that prioritize floor-by-floor exclusivity over sheer density. 262 Fifth Avenue, an 860-foot tower currently rising in the NoMad neighborhood, represents this trend by offering only 26 full-floor and duplex residences. Developed by Five Points Development Group and designed by Meganom and Norm … Read more
Frasers Property is restructuring its S$2.1 billion hospitality portfolio by selling a 63.28% stake in five stabilized assets to TCC Group Investments Limited (TCCGI). According to a company announcement on June 25, the move aims to improve capital efficiency and free up funds for higher-return opportunities while maintaining recurring management fee income. Why is Frasers … Read more
The Asher Residence, a seminal 1949 midcentury modern home in Sherman Oaks designed by Rodney Ashbury Walker, is currently listed for $3.95 million. Represented by Andrew Manning of Berkshire Hathaway HomeServices California Properties, the property is recognized for its post-and-beam construction, 180-degree valley views, and its historical connection to the modernist “space architecture” movement championed … Read more
The New York City Department of Buildings (DOB) has installed prototype sidewalk sheds at 280 Broadway to test new designs aimed at reducing the visual blight of the city’s 360 miles of scaffolding. While these structures offer improved aesthetics and transparency, city officials and critics agree they do not address the underlying requirements of Local … Read more