Luxury Real Estate

Top real estate sales of 2016: L.A.’s record year included two $100-million sales

February 2, 2017

Storied estates and speculative development in Los Angeles County’s toniest neighborhoods pushed the high-end market to new heights in 2016. Of the dozen single-family home sales of $30 million or more, two changed hands at $100 million — a record-setting mark once thought of as unattainable. Here’s a larger look at the most expensive homes sold this year in Greater L.A. $100 million — Holmby Hills Daren Metropoulos, the son of billionaire investor C. Dean Metropoulos and principal at the investment firm Metropoulos & Co., made real estate history in August with the purchase […]

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After A $46 Million Price Cut, Palazzo di Amore Is Still America’s Most Expensive Mansion

September 6, 2015

The most-expensive tag doesn’t translate into a must-buy or the most-sought-after for the well-heeled shoppers in the real estate market. America’s most expensive mansion is facing the same fate as it has failed to attract buyers. The gated estate in Beverly Hills reigned as the most expensive home in the United States at $195 million since last year. Now Palazzo di Amore has lowered the bar by chopping down $46 million. Asking $149 million only, it is still maintaining its most-expensive-home crown. Sold by real estate entrepreneur Jeff Greene, the property was earlier also offered for lease at […]

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The Stellar Collection: Setting A New Design Tone For A New Generation

September 1, 2015

The Millennial impact has been felt almost everywhere, and strongly in the new architectural designs of resort homes. Instead of complex designs, the trend is now toward simplicity, eco-sensitivity, and community. One of the most popular resort destinations in Northern California is Northstar at Lake Tahoe, where great hotels — The Ritz Carlton among others, share the space with exceptionally high-end ski chalets and estates. So, it was a revelation that a new project, to be completed in Winter 2015/2016, was the work of the iconic BCJ Architects. They created the Stellar Collection, residences […]

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Daily Dream Home: 30 Park Place – Four Seasons New York’s $65 Million Penthouse

August 6, 2015

Even the most well-heeled New Yorkers know that quality space comes at a premium, and that’s why today’s 10,000+ square foot Dream Home (with its equally dreamy $65 million price tag) is such a rarity. TriBeCa’s new 30 Park Place, Four Seasons Private Residences New York Downtown is not only the designed by the legendary “Mr. Downtown” developer Larry Silverstein and acclaimed architect Robert A.M. Stern but it marks the first ever downtown location of the Four Seasons private residences in New York City. The new residences mark an exciting transition to a ‘New’ Downtown Manhattan, as […]

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The Most Expensive Home In San Francisco Sells For $31 Million

May 19, 2015

Sold for a whopping $31 million, the mega mansion at 2701 Broadway has been crowned as San Francisco’s most expensive home. Though it had been listed for $39 million, the 16,400-square foot home in California got new owners for lesser price and still made it to the most expensive category. The large country house with lands was built in 1910 and located at one of the highest elevation points in Pacific Heights providing unparalleled panoramic views stretching from the Golden Gate Bridge to the San Francisco City skyline. Though the home has undergone a restoration in 2002 by Moller Willrich Architecture and […]

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The World’s Biggest Apple Store Is Coming To Dubai

May 19, 2015

Dubai, the land of the largest, the tallest and other record-setting landmarks is adding one more feather to its cap of wonders. United Arab Emirates is all set to welcome the world’s biggest Apple store in Dubai. Apple fans in the Middle East can rejoice as the brand’s first ever store in the region, outside of Istanbul, is set to be located at the Mall of the Emirates. Spanning over 50,000-square-foot, the world’s largest brick-and-mortar Apple Store will throw its doors in August this year. A second Apple Store is expected to open in Abu Dhabi, at the newly-opened Yas Mall. Though Apple has not […]

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Daily Dream Home: $25 Million Miami Fendi Penthouse

March 25, 2015

Looking for a new Miami pad? Try this two-level, $25 million penthouse at FENDI Château Residences, a new 12-story waterfront condominium building located at 9365 Collins Avenue in Miami, Florida, two blocks south of The Bal Harbour Shops. The 7,000 square foot penthouse features almost 2,000 square feet of expansive terraces, along with a rooftop pool, as well as five bedrooms and seven- and-a-half-bathrooms with an east-to-west “flow-thru” plan. Highlights include 12-foot ceilings, a media room, family room, exercise area, steam room, spacious walk-in closets and full staff quarters. The second level features an expansive terrace […]

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Versace to launch luxury branded residences

March 15, 2015

Versace Group has recently confirmed a partnership with the Mind Group, a Chinese firm specialized in the promotion of traditional Chinese culture; real estate development; financial leasing; eco-agriculture, and fund investment. Together, the companies are presenting the Versace Residences, a 68-floor building over 720 feet tall, with home units ranging from about 1,614 square feet to 4,305 square feet. Located in southwestern Chengdu and conceived by Versace artistic director Donatella Versace, the luxury residences will blend Versace Home’s Italian craftsmanship and style with elements borrowed from local heritage. The project is slated for completion […]

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Armani’s First US Residences Primed to Hit Miami in 2018

March 9, 2015

Residences by Armani/Casa, the brand’s first residential development in the United States, has recently announced that they are beginning pre-construction sales on their soon-to-arrive Miami property. The 60-story, 307-residence oceanfront tower in Sunny Isles Beach is being designed by the world famous César Pelli, creator of the Petronas Towers in Malaysia and Adrienne Arsht Center in Miami. While it’s a long way from opening –the residences won’t be available until 2018– sales of the units, which range from 1,350 to 3,750 square feet with prices ranging from $1.3 million to over $5 million, have been strong, […]

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Big Apple is world’s hottest luxury property market

March 7, 2015

New York‘s luxury property market was on fire in 2014, with high-end home prices registering the biggest gains globally, according to Knight Frank. The value of high-end residential property in the U.S. financial center soared 18.8 percent between December 2013 and December 2014, far outpacing the global average price growth of 2 percent, the real estate consultancy’s annual Wealth Report showed on Thursday. “With New York number one in the Prime International Residential Index, it is clear that it has transformed itself again in the recent past, and as result, has broadened its appeal […]

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