II Pelicano property for sale for $ 35 million

Il Pelicano returned to the market at $ 35 million, not sold for $ 57.7 million last year. The stone-covered house, which was reached in a special way, replaced a small surf hut on it and was built for seven years by its owners, Radical Skin Care founder Liz Edlich and lawyer Dale F. Kinsella. […]

The Park Bel Air Estate for sale for $ 150 million

Park Bel Air, which has a total area of ​​10.6 acres, will be sold for 150 million dollars. The property is on the edge of a cliff and overlooking the canyon, the ocean. Also, the estate prepared for a plot of 180,000 square meters of land along with three lots of plans and ready-made parcels. […]

Property rent prices will rise in Manhattan

Those who want to rent apartments in Manhattan this season are expecting high prices. According to Citi Habitats, rent prices fell 1 percent from November to December 2018. However, he reported that this is still an average of $ 2,475 for studios and $ 3,177 for a bedroom. Meanwhile, Douglas Elliman said the average rent […]

Manhattan’s median sales prices fall below $ 1 million

Manhattan real estate market continued to decline at the end of 2018, and the median selling price fell below $ 1 million. However, industry experts say the decline in severity has fallen, according to Douglas Elliman’s market report today. The median sales price dropped by about 6 percent from $ 1.06 million at the end […]

Dottie Herman sells her stake in Douglas Elliman for $ 40 million

Douglas Elliman CEO Dottie Herman sells her stake in the company for $40 million. On Monday afternoon, Herman will retain her position as a management team, according to the Vector Group, which acquired a 29.41 percent stake in Elliman. Vector, controlled by Lorber, already had 70.59 percent of Douglas Elliman. In a regulatory filing, Vector […]