New York real estate

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Jehovah's Witnesses Could Get $1B for NYC HQ

Group is moving upstate

(Newser) - The Jehovah's Witnesses, the door-knocking religious group that has been based in Brooklyn for a century, is selling its headquarters and other properties for an expected price tag of $1 billion or more. The Witnesses' move to Warwick, a town about an hour north of New York City, will... More »

Saudi Prince Selling NYC Digs With 3 Panic Rooms

And its own fitness center, hair salon

(Newser) - Saudi Prince Nawaf bin Sultan bin Abdulaziz Al-Saud is apparently quite concerned with security. The royal is selling an apartment he owns on New York's Upper West Side, and the Wall Street Journal reports that the 10,500-square-foot triplex in the Heritage at Trump Place features not one, not... More »

'Godfather House' for Sale for $2.9M

Staten Island mansion's exterior prominently featured in film

(Newser) - If you would like to live as Don Vito Corleone lived, you (kind of) can, for just $2.89 million. The 6,248-square-foot Staten Island mansion whose exterior was used in The Godfather is up for sale for that much. As the Staten Island Advance explains, five homes on Longfellow... More »

NYC Building Plans Separate Entrances for Rich, Poor

Wants those who live in affordable housing to enter through alley

(Newser) - Yes, this is the year 2013, and yet: A planned luxury tower on Manhattan's Upper West Side may have two separate entrances, one for the affluent people living in its waterfront condos and one for the less well-to-do folks living in its 55 low-income units. The developer is looking... More »

Price for New York's Skinniest Townhouse: $3.25M

Edna St. Vincent Millay wrote Pulitzer Prize-winning poetry collection there

(Newser) - What do you think about spending your days in a home that's just 8 feet, 4 inches at its widest? Someone apparently thought the idea was worth $3.25 million, because that's how much New York City's narrowest townhouse sold for recently, the New York Post reports.... More »

Bloomberg Plans Teeny NYC Apartments

Contest looks for designs in 275 to 300 square foot range

(Newser) - Just when you thought New York City studio apartments couldn't get any smaller, the mayor comes up with this idea: apartments that measure up at just 275 to 300 square feet. Michael Bloomberg launched a city contest yesterday to develop the "micro-units," which will be housed in... More »

$90M+ Manhattan Penthouse Sets Record

Mystery buyer snaps up One57 duplex

(Newser) - A mystery buyer has smashed a New York City record by shelling out more than $90 million for a duplex penthouse, reports the New York Times . The 10,923-square-foot property—with 23-foot ceilings—occupies the 89th and 90th floors of One57, a midtown residential building that is still under construction.... More »

NYC Buyers Win Apartments With ... Love Letters

Real estate brokers recommending the practice

(Newser) - How to snag a coveted New York City apartment? Increasingly, brokers are recommending an unconventional tactic: love letters. The letters are sent along with the offer, and they should include such heartwarming details as the story of how a couple met (just two blocks away, while walking their dogs!),... More »

Going Rate for an NYC Island: $160K

Rat Island doesn't really have rats, says new owner

(Newser) - It's 2.5 acres of rock that's mostly submerged at times, has no electricity or power, was best known for housing typhoid victims (or so goes the legend), and bears the ungainly moniker of Rat Island—and for $160,000, it could have been your little island just... More »

For Sale: Stock in the Empire State Building?

Family controlling the building wants to open new real estate company

(Newser) - Looking to invest in a piece of the New York real estate market? Well, soon you may be able to invest in the biggest piece of all: the Empire State Building. The Malkin family, which controls the building, is trying to create a publicly-traded real estate company that would feature... More »

Mr. President? Trump Will Run, Say Pals

World is laughing at us, which I'd change in a nanosecond, says billionaire

(Newser) - The slate of candidates looking to be president next time around is stacking up to be a doozie. Now real estate billionaire Donald Trump says he's "seriously" considering running for the top job because GOP pals are begging him to do it, and because China and North Korea are... More »

Christie Brinkley Hawking Hamptons House for $15.75M

(Newser) - And you thought she was just a pretty face. Ex-supermodel Christie Brinkley is offering for sale one of her several Hamptons homes—for the low, low price of $15.75 million. Located in North Haven, NY, near Sag Harbor, it was built in 1843 and features 5500 square feet, 4.... More »

'Regular Guy' Limbaugh Sells NYC Condo for $11.5M

Getting out of city because of taxes

(Newser) - After complaining about New York City's high taxes, Rush Limbaugh is parting ways with the city, selling his posh Fifth Avenue penthouse for $11.5 million. Limbaugh, who bought the place for $5 million in 1994, recently said on his radio show that he was going to "get out... More »

For Rent: Obama's NYC Digs

'Live like a president'—or at least a broke Columbia undergrad

(Newser) - Barack Obama slept there, and you can, too—for a mere $1900 a month, you can rent the president's old New York City apartment, Gawker reports. The apartment at 42 West 109th St. has "beautiful hardwood floors," "high ceilings," and "large closets," the ad... More »

Truman Capote's Brooklyn Home on Sale for $18M

The place he wrote Breakfast at Tiffany 's

(Newser) - The Brooklyn townhouse where Truman Capote wrote Breakfast at Tiffany's and other notable works is on sale for $18 million. The building, on the market for the first time in 70 years, is expected to break sales records as one of the most expensive townhouses in the borough, Sotheby's International... More »

50 Best Places to Live in New York

Number cruncher devises elaborate system to rate neighborhoods on satisfaction

(Newser) - If you live in New York, the fact that Nate Silver has concluded that Park Slope is the most "satisfying" neighborhood in the city is hot stuff—especially if you own real estate in Park Slope. But if you don't, what's pretty hot is the methodology the numbers genius... More »

New Owners Love Bernie Madoff's Pad

Patio trumps 'karma' concerns

(Newser) - Bernard Madoff may be a despicable con artist, but say this for the guy: he had a nice place. Now that place, a penthouse overlooking Manhattan’s Upper East Side, belongs to toy mogul Al Kahn and his wife, Patsy, and they say they couldn’t be happier, reports the... More »

Cabbage Patch CEO Snags Madoff Pad

Take a look at what $9M will get you in New York City

(Newser) - The guy who brought you Cabbage Patch Kids and Pokemon has snapped up the penthouse apartment of erstwhile Ponzi schemer Bernard Madoff, reports the New York Post . Al Kahn is the CEO of 4Kids Entertainment, and will be calling the 4000-square-foot lux digs in Manhattan's Upper East Side home sweet... More »

Record $5.4B NYC Apartment Complex Lost to Creditors

Stuyvesant Town project collapses under debt

(Newser) - The record-setting sale of a New York residential property for $5.4 billion in 2006 was a deal made at the height of the boom—and it's now a casualty of the collapsed real estate market. Tishman Speyer, the property company that bought the 56-building, 11,000-unit Peter Cooper Village... More »

DC Office Prices About to Pass NY

Falling banks, rising government shifts real estate market

(Newser) - Washington, DC, is on the verge of passing New York as the priciest place to rent an office in the country. Rents were down pretty much across the board in the latest figures from Reis, a New York-based research firm, but DC saw only a mild 3% decline, to an... More »

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