The Real Deal New York

Chicago lots for affordable housing sold at $1 apiece; California luxury sales spike in 2013 … and more

Washington, D.C. BID plans include new Metro station, streetcar service, gondola aerial lift
By Sasha von Oldershausen | March 11, 2014 04:30PM

From the March issue: In this month’s roundup of real estate news from across America, The Real Deal heads over to Chicago, where the city council approved the sale of six city-owned lots on the west side for a buck each. Affordable housing will be built on the plots. TRD also takes a look at California, where the number of million-dollar homes in 2013 rose to its highest level in six years. See these items and more after the jump. [more]