The Real Deal New York

Posts Tagged ‘Billionaires’

  • mainlodge13

    William Koch and the Elk Mountain Lodge in Aspen

    Billionaire William Koch has relisted the Elk Mountain Lodge in Aspen, and he’s upped the price to $100 million. [more]

  • Harrods department store in London, where you might find some of the world's wealthiest individuals.

    Harrods department store in London, where you might find some of the world’s wealthiest individuals.

    The world’s ultra-rich are on the move. In its 2015 Wealth Report, real estate consultancy Knight Frank took a look at the migration flows of the world’s so-called high-net-worth-individuals (HNWIs) from 2003 to 2013. [more]

    1 Comment
  • Lee Shau Kee

    Lee Shau Kee

    Check out the top billionaires who listed real estate as one of their main sources of wealth on Forbes’ 2015 ranking.

  • A billionaire's Midtown apartment

    A billionaire’s Midtown apartment

    This ultra-luxurious penthouse in Manhattan is the home of an extremely private billionaire. So private, in fact, we can’t even tell you his name. [more]

  • The Manhattan skyline in 2018, according to City Realty

    The Manhattan skyline in 2018, according to City Realty

    The seven super-tall residential towers coming to Billionaire’s Row are just the tip of the iceberg. Across Manhattan, massive obelisk-like skyscrapers will transform the skyline in the years to come. [more]

  • Waggoner Ranch in Texas

    Waggoner Ranch in Texas

    Billionaire executives are buying ranches for cattle operations, hunting game and to entertain clients and guests. [more]

  • From left: 220 Central Park South and One57

    From left: 220 Central Park South and One57

    Long term residents of the so-called “Billionaire’s Row” are increasingly leaving the stretch as rapid, high end development is transforming their neighborhood. [more]

  • 20140918_billionaire_map

    Billionaire population by cities

    Billionaires care more about cities than countries, according to a new report, and the metropolis at the top of their list is New York City. More after the jump.

    1 Comment
  • "Billionaire's Row" in Manhattan

    “Billionaires’ Row” in Manhattan

    Demand for luxury real estate among investors is encouraging developers to add to Midtown’s growing stock of high-end housing. [more]

  • From left: Copper Beech Farm in Greenwhich, Connecticut and Fair Field Estate in Sagaponick, New York

    From left: Copper Beech Farm in Greenwich, Connecticut and Fair Field Estate in Sagaponick, New York

    Economic slowdown or not, billionaires are still buying $100+ million homes. And many of those homes can be found in the New York area. [more]

  • Airbnb founders Nathan Blecharczyk, Joe Gebbia and Brian Chesky

    Airbnb’s Nathan Blecharczyk, Joe Gebbia and Brian Chesky

    Airbnb is willing to shell out more than $21 million per year in taxes that the city could put toward homeless shelters. Currently, it’s unclear whether hosts are subject to New York’s lodging tax.

    The website’s founders proposed in a letter to Mayor Bill de Blasio this week that a clarification of the law governing hosts would ease the company’s collection of taxes from hosts. [more]

  • U.S. Census maps illustrating demographic changes in NYC (via Huffington Post)

    The cost of living in both New York City and San Francisco has skyrocketed in the past twenty years. Today, some feel that these cities have left behind their traditions as “economically diverse melting pots” to become exclusive playgrounds for the wealthy (see video after the jump).

  • From left: Russian billionaire Dmitry Rybolovlev; the $88 million apartment at 15 CPW Rybolovlev’s daughter bought; and the townhouse at 15 East 64th Street that billionaire Len Blavatnik purchased in 2007 for $50 million.

    WEEKENDEDITION New York City has heard a lot of talk about real estate and taxes of late. Particularly, about the tax revenue raised when super-rich foreigners buy super expensive apartments in the city. However, much of the tax generating potential of billionaire pieds-à-terres is myth, according to Crain’s. [more]

  • From left: billionaries Michael Bloomberg, Richard LeFrak, Sheldon Solow and Donald Trump

    From left: billionaries Michael Bloomberg, Richard LeFrak, Sheldon Solow and Donald Trump

    While the electorate seems to have rejected Bloomberg’s billionWEEKENDEDITIONaire-friendly policies for de Blasio’s affordable housing push, more gilded homes for the super rich may be just what New York City needs, according to Slate’s Matthew Yglesias. [more]

    1 Comment
  • photo1267

    From left: Nathan Shapell, Paul and Vera Guerin with performer Wynonna Judd (center), and Toll CEO Douglas Yearley Jr.

    WEEKENDEDITION A new real estate billionaire was crowned this week when Vera Guerin, the daughter of Nathan Shapell, an Auschwitz survivor and one of California’s largest property developers, sold her late father’s company to Toll Brother’s for $1.6 billion. [more]

  • From left: Eyal Ofer,

    From left: Eyal Ofer, Malcom Glazer and Leonard Stern

    Several of the world’s richest Jews have honed their fortunes in the New York City real estate market, according to a new ranking from Forbes Israel. [more]

  • Park Avenue's white-glove buildings

    Park Avenue’s white-glove buildings

    Beneath the glitz and headlines generated by record prices and $100 million listings is the reality that many trophy homes in white-glove buildings struggle to find buyers. Some are even being forced to trade for as much as a 25 percent discount.

    While some have seen the phenomenon as the result of sellers looking at the market through rose-tinted lenses, many brokers feel they are simply being too ambitious with their pricing. [more]

  • Akira Mori

    Spurred by the strength of the yen, Japanese billionaire Akira Mori is planning a 100 billion yen — $1.2 billion — prime real estate shopping spree in major world markets, including New York, London and Tokyo, Bloomberg News reported. The plan represents the first investment of this scale by Mori since 2008.

    The Mori Trust Co. is specifically looking for office towers, and developments that are energy efficient, equipped with disaster-prevention systems and able to hold value through market downturns. According to Mori, New York offers just this sort of investment opportunity. [more]

  • Click to enlarge

    From the November issue: The price of entry for Forbes magazine’s list of 400 wealthiest Americans is going up. The last person on this year’s list clocked in with a net worth of $1.1 billion — which was up $50 million from last year. However, New York City’s real estate titans are (with one big exception) keeping pace.

    Indeed, most of the 10 New York real estate moguls who made the list, which was released in late September, saw their net worth increase in the last 12 months. Yet one big name dropped off this year: Steven Roth of Vornado Realty Trust. [more]

  • Climbing One57

    October 09, 2012 10:00AM

    From the October issue:

    Brokers Nikki Field and Kevin Brown of Sotheby’s International Realty at the construction site at One57

    Extell Development’s new luxury condo tower, One57, has already done some $1 billion in sales, and most of its überwealthy buyers have had to envision their new apartments from floor plans and renderings.

    But a few lucky buyers — and their brokers — have had the chance to visit the building’s construction site, sampling the views from the top floors of the 1,000-foot-high glass tower, which will be the tallest residential skyscraper in Manhattan when it’s completed in 2013. [more]


Subscribe to our email newsletters

New York Real Estate News
South Florida Real Estate News