Vornado’s 220 Central Park South Sees $80 Million Deal

220 Central Park South Unit Sells For 80 Million f

Two units at Vornado’s 220 Central Park South are in contract for $80.5 million in an off-market deal.  The deal at the luxury supertall includes Unit 45A, the 6,600-square-foot home that entered contract for $76 million, and a one-bedroom maid’s unit on a separate floor, which went into contract for $4.5 million, people familiar with […]

Florida Sued Over SB 264 Restricting Foreign Investment

Florida Sued Over SB 264 Restricting Foreign Investment f

A group of Chinese citizens is suing Florida officials over the state’s new law that restricts foreign investment in Florida real estate from specific countries, and enacts a near ban on purchases by Chinese nationals.  The lawsuit alleges the law is discriminatory and unconstitutional, and that it violates the Fair Housing Act.  Senate Bill 264, […]

Cluster of lawsuits hits short-term luxe rental firm Ultimate Host

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Ultimate Host and its associated companies such as Nightfall Group have cultivated the reputation as brokers of the ultra-luxury lifestyle by providing short-term rentals of villas and mansions, but recent lawsuits allege the Beverly Hills-based company won’t pay its bills. In the past 18 months, plaintiffs have filed at least seven lawsuits in Los Angeles […]