“We took action and moved fast”: Damac boss on Surfside plan, US expansion

Hussain Sajwani had been trying to break into U.S. real estate for years. The Emirati billionaire’s Dubai-based development firm, Damac Properties, looked at New York properties prior to the pandemic, hoping to land a prime site near Central Park, but had no luck. So when the Surfside site became available less than two months after the condominium collapse, Damac didn’t hesitate, moving to become the all-cash stalking horse bidder for the oceanfront land. “We immediately

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On Martha’s Vineyard, even doctors priced out of homes

More than 150,000 people visit Martha’s Vineyard every year — some courtesy of Florida taxpayers — but very few can afford to stay. Shortages of service workers are nothing new to resort areas where housing costs have spiraled upwards, Martha’s Vineyard Hospital is even having trouble recruiting doctors and nurses, and has been working at three-quarters for months, according to the Wall Street Journal. “How do you recruit when rents are doubling from $3,000 a

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Unique Frank Lloyd Wright home available … for now

If you’re reading this, you may already be behind the eight-ball when it comes to buying a rare Frank Lloyd Wright-designed home. The Mount Pleasant, Wisconsin house at 1425 Valley View Drive was listed for $725,000, Crain’s reported. It was the first time the home was put on the market since it was built in 1954. The house belongs to a trust in the name of Karen Johnson Boyd, great-granddaughter of Samuel Curtis Johnson, who

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Night at the museum: Ghost town general store turned-home lists at $1M

For the Wild West-obsessed buyer, a rare opportunity to own a slice of history is on the market for $1.1 million in Pearce, Ariz. Patricia Burris is selling the 127-year-old ghost town general store known as the Arizona Ghost Town Museum after converting it to a one-bedroom home, Insider reported. Burris and her husband Michael, a historian, bought the general store at 905 South Ghost Town Trail in 1996. The 3,882-square-foot building, originally built in

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Fortis’ Olympia Dumbo lures Brooklyn Nets star

Ben Simmons has yet to play a game for the Brooklyn Nets, but he’s clearly a believer in his future with the team. The troubled Australian superstar is in contract to buy a combined unit at Fortis Property Group’s Olympia Dumbo in the Brooklyn neighborhood, the New York Post reported. The purchase price won’t be known until Simmons closes, but Fortis was asking $13 million. The two units combine for 5,000 square feet and eight

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Eklund-Gomes couples 53W53 open house with magazine launch

Fredrik Eklund and John Gomes’ team are no strangers to luxury open houses, but a gathering by the brokers this week played double duty to launch a new project. The founding members of Douglas Elliman’s top-selling Eklund-Gomes Team held a party Thursday night at 53 West 53rd Street to debut Estate, a digital luxury lifestyle magazine. Roughly 100 people gathered for a boozy party in a full-floor unit on the building’s 65th floor. Along with

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Eklund-Gomes couples 53W53 open house with magazine launch

Fredrik Eklund and John Gomes’ team are no strangers to luxury open houses, but a gathering by the brokers this week played double duty to launch a new project. The founding members of Douglas Elliman’s top-selling Eklund-Gomes Team held a party Thursday night at 53 West 53rd Street to debut Estate, a digital luxury lifestyle magazine. Roughly 100 people gathered for a boozy party in a full-floor unit on the building’s 65th floor. Along with

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Alec Baldwin bailing on Amagansett estate

Alec Baldwin’s time as a New Yorker appears to be coming to a close as he shops his remaining homes in the state. The actor listed his Hamptons home in Amagansett for $29 million, the New York Post reported. Baldwin purchased the home at 335 Town Lane in 1996 for $1.7 million. Serving as the actor’s primary residence during the pandemic, the 10,000-square-foot structure includes four bedrooms and seven bathrooms. The estate itself spans 10

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Alec Baldwin bailing on Amagansett estate

Alec Baldwin’s time as a New Yorker appears to be coming to a close as he shops his remaining homes in the state. The actor listed his Hamptons home in Amagansett for $29 million, the New York Post reported. Baldwin purchased the home at 335 Town Lane in 1996 for $1.7 million. Serving as the actor’s primary residence during the pandemic, the 10,000-square-foot structure includes four bedrooms and seven bathrooms. The estate itself spans 10

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“Million Dollar Listing” star Steve Gold buys 10-acre Greenwich estate

Former Million Dollar Listing New York star Steve Gold is striking out to the suburbs. The Corcoran broker, who rose to fame starring in Bravo’s “Million Dollar Listing New York,” bought a 10.5-acre estate in Greenwich, Connecticut, according to property records. Gold paid $7.3 million for the property. The vine-covered Italian-style villa has eight bedrooms and eight bathrooms, according to the listing. The estate is surrounded by expansive lawns and has formal and secret gardens,

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