Nancy Sarnoff on Muck Rack

Nancy Sarnoff Verified

Real Estate Reporter — Houston Chronicle
As seen in:  Houston Chronicle

Real estate reporter and blogger for the Houston Chronicle.

Houston billionaire plans expansion even as slumping oil prices cloud economic future — After predicting a gloomy economic scenario during a national television interview earlier this month, billionaire restaurateur Tilman Feritta expanded on his comments that the U.S. real estate market and Houston could be headed for a bust as oil prices have tumbled more than 30 percent over the past four months.

The Woodlands completes land purchase · Storify — In an earnings report this week Howard Hughes Corp. said it completed the acquisition of two parcels of land north of Houston where it is planning a new master-planned community . The company paid $67.2 million for the first 1,343-acre tract and $27.8 million for an additional 653 acres.

East End will get high-end townhomes — Perry Homes is planning a high-end townhome development east of downtown in a largely industrial area that's being transformed into a more residential neighborhood. The property, which is owned by Padua Realty, is a few blocks north of a lively stretch of Navigation that's home to the Original Ninfa's restaurant and a new outpost for El Tiempo Cantina.

See what sold at the Petroleum Club auction — The items above helped bring $262,000 to the Petroleum Club's coffers. The proceeds from last week's auction will be used to help pay for the the club's new space in 1201 Louisiana . The historic business and social club is moving out of the top floor of 800 Bell after some 50 years.

Petroleum Club strikes gold at auction — Houstonians shelled out $262,000 for chandeliers, Chesterfield sofas and gold-plated flatware stamped "Petroleum Club" at last week's auction, where much of the contents of the decades-old business and dining club sold to nostalgic members and a few outsiders trolling for a bargain.

Exxon Mobil building sells to Houston property owner — Houston-based Fuller Realty Partners has purchased this seven-story building in the Greenspoint area. The building, now occupied by Exxon Mobil Corp, will soon be vacated as the energy giant moves into its new campus near The Woodlands . "We knew Exxon was vacating when we purchased it.

A look at downtown’s new residential projects — The above images show the three newest residential projects planned for downtown as part of a tax rebate program aimed at attracting developers to the city center . The Houston Downtown Management District approved the new projects last week at its monthly board meeting in which officials said the program is nearing it's 5,000-unit cap.

More residential projects added to downtown tax rebate program — Downtown officials have accepted three more high-end residential projects into a tax rebate program designed to lure developers to the city center. The city's business district has long had a shortage of residents as most people seeking an urban lifestyle chose nearby Midtown, Montrose or the Heights.

Bucks for the memories: Petroleum Club auctions off some of its relics — A man with dark hair and black suit a few rows from the front raised his bid card. Men in suits and women in scarves, pearls and short skirts snacked on hors d'oeuvres while sipping wine, champagne and cocktails. Matt Wiggins had driven in from Kemah to buy chandeliers and light fixtures for his San Leon restaurant, Bubba's Shrimp Palace.

Tiger Woods on Houston-area golf course community — "When I first came here I was absolutely shocked. I view Texas as being flat," Tiger Woods says on this promotional video for Bluejack National, aprivate golf club and residential community under development in Montgomery. "I just didn't expect this to be just outside a major metropolis like Houston."
More Articles →
Nov 26, 2014

Houston billionaire Tilman Fertitta: "If we keep building and we have $50 oil, we will have a crash"… @HoustonChron

Nov 24, 2014

Perry Homes to develop upscale townhomes in "Bayou District" east of downtown… via @HoustonChron

Nov 24, 2014

New column: A TX-sized swimming pool; XOM bldg sale; and hi-end health club planned in Greenway… via @HoustonChron

Nov 20, 2014

How much would you pay for a porcelain pheasant? See what sold at last week's Petroleum Club auction… @HoustonChron

Nov 20, 2014

More details revealed on Katy's Cane Island, a master-planned community set to have 2k homes… @HoustonChron

Nov 20, 2014

PMRG, the company building the 40-story tower on W Alabama at Weslayan, is now under contract on this midtown site…

Nov 17, 2014

It's been fun to watch the construction progress of the 40-story tower going up behind the @HoustonChron's garage

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