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- Tom Clancy’s Estate | PHOTOS
Tom Clancy’s rebuilt Peregrine Cliff Estate in Calvert County sold Monday.for $4.9 million.
- Tom Clancy’s Chesapeake Bay estate in Calvert County sells for $4.9 million
Tom Clancy’s Chesapeake Bay estate, which has been on the market two years, sold Monday for $4.9 million.
- SoCal Industry Roundup: CGI and BH Properties Bolster Executive Leadership
Some real estate firms and brokerages are bulking up their executive ranks in Southern California. CGI Real Estate Investment Strategies announced that luxury hotel veteran Kasia Mays will be its next chief operating officer. Mays will help advance CGI’s plans to build a multifamily brand that emphasizes lifestyle and hospitality.
- Hertz reports huge second-quarter losses amid coronavirus pandemic
Hertz Holdings reported its second-quarter results on Aug. 10, 2020, showing the huge impact it’s seen from the coronavirus pandemic.
- Simon’s Faces Worst Revenue in Nearly a Decade
Simon Property Group, the largest mall owner in the United States, faced its worst quarter in nearly a decade as the coronavirus pandemic forced malls to close and battered retail sales. The Indianapolis-based real estate investment trust posted $1.06 billion in revenue in the second quarter of this year, a
- Nextdoor founder Nirav Tolia seeks $25 million for San Francisco home
Nextdoor founder Nirav Tolia is asking $25 million for his 104-year-old home in the San Francisco neighborhood of Pacific Heights.
- Tom Clancy’s Peregrine Cliff estate on the Chesapeake Bay sells for $4.9M
Bestselling author Tom Clancy’s beloved Peregrine Cliff estate in Southern Maryland sold on Monday for $4.9 million. The 535-acre property was listed for $6.2 million in 2018 and has a mile of beachfront property on the Chesapeake Bay. Its legacy includes a home office where the late spy novelist wrote
- Sheriff Gregory Tony accuses Scott Israel’s campaign of racism and drops N-word in live TV interview
Television viewers got a dose of just how heated the race is for Broward County sheriff, with Gregory Tony dropping the N-word during an interview and accusing his opponent Scott Israel of running a racist campaign.
- J. Crew said it was bankrupt. Then its landlords forked over $130M
J. Crew had plans to shut down its stores, but then its landlords stepped in in $130 million of relief. (iStock; J. Crew by Gary Hershorn/Getty Images) Bankrupt retailer J. Crew is saving $130 million in rent. The retailer, which has 492 stores including Madewell and outlet locations, has negotiated
- J. Crew said it was bankrupt. Then its landlords forked over $130M
J. Crew had plans to shut down its stores, but then its landlords stepped in in $130 million of relief. (iStock; J. Crew by Gary Hershorn/Getty Images) Bankrupt retailer J. Crew is saving $130 million in rent. The retailer, which has 492 stores including Madewell and outlet locations, has negotiated
- Orlando bar owner says ‘party pods’ plan may allow for safe reopening
Editor’s note: This story is available as a result of a content partnership with WFTV. Subscribers will see stories like this on our website (and in our daily emails) as an added value to your subscription. Bars are struggling to survive as Florida continues to keep them shut down. Some
- Quibi chief Meg Whitman lists West Hollywood condo for $6.5 million
Quibi chief Meg Whitman is seeking $6.5 million for her condominium at the Sierra Towers building in West Hollywood.
- J. Crew said it was bankrupt. Then its landlords forked over $130M
Bankrupt retailer J. Crew is saving $130 million in rent. The retailer, which has 492 stores including Madewell and outlet locations, has negotiated about $70 million in concessions this year and about $60 million next year from its landlords, according to Retail Dive. That includes waivers and rent deferrals, as
- Susan Sarandon’s Chelsea duplex among 6 luxury contracts last week
Just six properties in Manhattan above $4 million went into contract last week, the slowest start to August by deal volume in more than a decade. One of those homes belonged to Academy Award-winning actress Susan Sarandon. When she listed her Chelsea duplex in late July, the interest was immediate.
- Estate Companies buys shuttered Hialeah Ramada for $15M
Jeff Ardizon and Robert Suris with 950 West 49th Street, Hialeah High-end apartment developer The Estate Companies bought a former Ramada Inn in Hialeah. The developer paid $15.25 million for the 5-acre property at 1950 West 49th Street. Estate Companies principal Jeffrey Ardizon declined to comment on what the firm
- Judge orders Uber, Lyft to classify their California drivers as employees for now
The preliminary injunction will take effect in 10 days and will remain in place until a trial is held and a ruling is made in the case.
- Krispy Kreme to open Columbia Heights store
Doughnuts are returning to DCUSA. Krispy Kreme is slated to open its second D.C. shop at the Columbia Heights mall, 3100 14th St. NW, according to sources and a contracting lead for the store’s buildout. It will be located in Suite 102, between Chick-fil-A and Bank of America, with an
- Mid-market investment sales trickle to 1 deal
There was just one investment sale recorded in the $10 million to $30 million range in the city last week, as the five boroughs continue to slog through a rough period. The week before, just two properties in that price range traded. The lone mid-market sale last week was a
- Tom Clancy’s Peregrine Cliff estate on the Chesapeake Bay sells for $4.9M
Bestselling author Tom Clancy’s beloved Peregrine Cliff estate in Southern Maryland sold on Monday for $4.9 million. The 535-acre property was listed for $6.2 million in 2018 and has a mile of beachfront property on the Chesapeake Bay. Its legacy includes a home office where the late spy novelist wrote
- J. Crew Receives $130M in Landlord Concessions
J. Crew Group has reopened 95 percent of its stores after landlords provided the bankrupt company with $130 million in rent concessions over the next two years, J. Crew announced Monday. J. Crew’s parent company, Chinos Holdings, filed for bankruptcy in May with $1.7 billion in debt, the first major
- SoftBank’s Marcelo Claure buys waterfront Miami Beach teardown
5212 North Bay Road in Miami Beach and Marcelo Claure (Getty) Marcelo Claure, a top executive at Japanese conglomerate SoftBank Group, paid $11.1 million for a waterfront teardown on Miami Beach’s North Bay Road, The Real Deal has learned. Claure, CEO of Softbank Group International and executive chairman of New
- SpaceX and ULA renew deals as military’s top launch partners
SpaceX and United Launch Alliance rocketed past competitors to land contracts that make them the U.S. Department of Defense’s go-to launch partners. That means more future launches from Cape Canaveral by the two companies, which will receive $650 million combined from the U.S. Space Force to carry satellites and more
- Hims in talks for ‘blank-check’ IPO with Oaktree Acquisition Corp.
The direct-to-consumer telemedicine startup Hims is reportedly in talks with “blank-check” company Oaktree Acquisition Corp. about a merger to go public, a deal that could value the company best known for erectile dysfunction and hair loss treatments at $2 billion. The possible merger was first reported by Bloomberg Friday and
- Grounded: JFK’s $15B overhaul could be delayed years
JFK Airport’s $15 billion planned overhaul could be delayed for years, as passenger volume continues to plummet. (Rendering via Governor Cuomo’s office) The timeline for the massive overhaul of John F. Kennedy International Airport will likely be pushed back years because of plummeting passenger demand. The project, whose cost has
- DeSantis says Covid will ‘loom’ over 2021 session
Gov. Ron DeSantis, while expressing hope that the coronavirus crisis could ease across Southern states in September, said on morning radio shows Monday that the pandemic will “loom” over every budget and policy debate during the 2021 legislative session. DeSantis said mapping out budget priorities for next fiscal year will