Miami home owned by Univision’s Maria Elena Salinas lists for $3.5M

The Coral Gables estate was designed by Phineas Pais The Coral Gables home of well-known Miami-based Univision anchor Maria Elena Salinas hit the market last week asking $3.45 million. The 4,057-square-foot estate was designed by Phineas Paist, the supervising architect for city founder George Merrick’s Coral Gables Corporation who crafted elements of Villa Vizcaya, Deering…

Miami artists team up for Wynwood mural project to bring awareness to sea-level rise

Partnering with local startup Saltmates, focused on fostering the ocean lifestyle and its community Miami startup Saltmates, an app focused on connecting nearby ocean lovers while also taking direct action on environmental issues, partnered with PangeaSeed Foundation’s Sea Walls initiatives last week for their launch, which featured four local artists (Tatiana Suarez, Evoca One, Nicole…

Boca Raton manse with waterfall grotto for $6.5M

A tiger sculpture defends the front entrance Here’s an incomparable waterfront estate in Boca Raton with a waterfall grotto and a jacuzzi in the backyard asking just under $6.5 million. The 7,995-square-foot home sits on a corner lot and was built in 2004, with six bedrooms, eight bathrooms, and 180 feet of frontage along the…

Miami ‘Peacock House’ in Coconut Grove sells for $850K

Featuring a limestone wall The “Peacock House” in Coconut Grove just sold for $850,000 ($453 per square foot) to a buyer who will preserve the 1,876-square-foot gem booming with character and featuring a fantastic and unique limestone wall across the front of the property. Built in 1936, the home has two bedrooms, two bathrooms and…

More than 40% of NYC luxury condo buyers took out a mortgage

That “all-cash” dominated luxury condo market you keep hearing about? Turns out, it’s not really a thing. In fact, more than 40 percent of buyers purchasing Manhattan condominiums priced at $5 million or more took out mortgages, according to The Real Deal’s analysis of condo purchases between July 2014 and June 2015. (more…)

The Wrap: Extell changes height of 250 South St. again, Airbnb looks to expand to Africa … and more

Rendering of Extell Development’s 250 South Street (credit: Extell) 1. Bhatia Development Corp. and Sherwood Equities lock in $48 million construction loan [NYO] 2. Extell Development changes height of 250 South Street back to 72 stories [Bowery Boogie] 3. A tour through the new Staten Island: VIDEO [A2 Studio] 4. Airbnb plans to branch out…

Skyrocketing land prices rock East End

A 0.8-acre parcel located in East Hampton From the July issue: There’s a new kind of home advertising in the Hamptons that doesn’t have sparkling adjectives and lush photos beckoning buyers. Instead the ads broadcast “land value,” which essentially tells potential buyers that while they may not want the house, they would want the plot it’s…

Lawmakers urge Cuomo to enforce new rent regulations

A recent rent rally in Albany More than a dozen lawmakers are urging Governor Andrew Cuomo to enforce the new rent regulation law, a move they say would drastically reduce the number of apartments subject to vacancy decontrol, the New York Daily News reported. (more…)

A $56M deal could be the end of an iconic longshoreman’s bar

From left: 73 Atlantic Avenue and Montero Bar and Grill in Brooklyn Heights A longstanding longshoreman’s watering hole in Brooklyn Heights could close as its owner is looking to sell the property as part of a $56 million deal that would list the entire block. Pepe Montero, the owner of Montero’s Bar & Grill at 73…

Donald Trump sells Trump Park Avenue penthouse for $21M

Donald Trump and the unit at 502 Park Avenue Donald Trump sold his 6,200-square-foot penthouse on the 24th floor of his Trump Park Avenue building on Park Avenue and 59th Street. The five-bedroom, seven-bathroom apartment at 502 Park Avenue went for $21 million. (more…)