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Once Asking $1 Billion, L.A.’s Priciest-Ever Listing Is Scheduled to Sell at Auction

August 20, 2019

Dubbed ‘The Mountain,’ the 157-acre parcel in Beverly Hills has attracted big-name suitors like Tom Cruise and Jeff Bezos A Beverly Hills property known as "The Mountain." GOOGLE EARTH Los Angeles’ priciest-ever real estate listing, a 157-acre Beverly Hills parcel known as "The Mountain," is scheduled to be sold at auction Thursday. If the sale proceeds as scheduled, it could bring ...

Filed under: Headlines by Alec Reimon

Sales and Prices Down as Inventory Surges in the Hamptons

August 19, 2019

Housing sales dropped 8.7% in the second quarter of 2019. PHOTOALTO/JEROME GORIN / GETTY IMAGES The housing market in the Hamptons on the East End of Long Island had a sluggish first half of the year, according to a report Thursday by Douglas Elliman Real Estate. But agents say that’s starting to change. Sales dropped 8.7% in the second quarter of 2019 compared to the same time last year, the report said. Meanwhile, inventory rose...

Filed under: Headlines by Alec Reimon

Spain is the world’s healthiest nation, according to Bloomberg index

August 16, 2019

Country takes the crown from Italy, while Japan ranks fourth, Britain comes in 19th, and the US takes 35th place, five spots below Cuba A Spanish classic: bread, tomato, jamón and olive oil. GETTY IMAGES Spain is the healthiest country in the world, according to a study of 169 nations by Bloomberg. After climbing six rungs from 2017 and pushing Italy from first spot, Spain now ranks at the top of the Bloomberg Healthiest Country Inde...

Filed under: Headlines by Alec Reimon

Rare Purple-Pink Diamond on Display in New York

August 15, 2019

The rare 14.83-carat “fancy vivid purple-pink” diamond was extracted from a Russian mine in 2017. Alrosa A rare purple-pink diamond likely to be worth tens of millions of dollars is on display in New York City this month. The rare 14.83-carat “fancy vivid purple-pink” diamond was extracted from a Russian mine in 2017, and cut into an oval shape by masters from the Russian company Alrosa. When the raw stone was unearthed from t...

Filed under: Headlines by Alec Reimon

Los Angeles: City commission OKs big Flower Market redevelopment

August 15, 2019

Major changes for the flower market take a step forward A rendering of the project seen from the street. All renderings courtesy of Brooks + Scarpa Architects The planned redevelopment of the Southern California Flower Market in Downtown LA now has the backing of the city planning commission. But, according to Urbanize LA, the commission’s approval comes with two conditions: It’s recommending that the developer offer more public art...

Filed under: Headlines by Alec Reimon

Luxury homes in the Hamptons are selling at some pretty steep discounts

August 14, 2019

(CNN)It's the summertime playground for some of New York's most affluent residents. But the Hamptons real estate market seems to have lost some of its buzz. This year the Hamptons experienced its slowest market conditions since the financial crisis, with sales slipping at the high end and inventory rising, according to a report from Douglas Elliman. That was partially due to year-end volatility in the financial markets, but also because ...

Filed under: Headlines by Alec Reimon

Magnificent Madrid: Why holiday homes in Spain’s magnetic capital city are in the spotlight

August 13, 2019

Catedral de la Almudena is among the attractions drawing foreign investors, including Latin Americans, to Madrid. Photo: Luis García This is a big year for Madrid, where the Prado, Spain’s magnificent national art gallery filled with works by Spanish masters including Goya and Velázquez, celebrates its bicentenary. It comes at an upbeat time for the handsome Spanish capital. Visitor numbers have risen by up to 22 per cent for each o...

Filed under: Headlines by Alec Reimon

Seeking the Ideal Home in New Luxury Developments

August 13, 2019

PAID FOR BY DANIEL ISLAND REAL ESTATE, RESIDENCES AT THE ALLEN, AKOYA BOCA WEST, AND ALINA RESIDENCES Photo: Akoya Boca West From an enclave of single-family homesites in South Carolina to condo towers in New York, Florida and Texas, high-end amenities and designs are the draw. But to buyers, they offer something more—the perfect place to live. Family-Friendly Island Community Ten years ago, Ben and Sara DeWol...

Filed under: Headlines by Alec Reimon

NYPL’s beloved lions will roar to life with $250K restoration

August 13, 2019

The 108-year-old lions are getting a much-needed makeover Jonathan Blanc/New York Public Library The majestic marble lions that have guarded the New York Public Library’s Schwartzman Building for more than 100 years are getting a much-needed facelift. The two lions that flank the library building’s Fifth Avenue entrance, dubbed Patience and Fortitude by Mayor Fiorello LaGuardia during the Great Depression, will receive a $250,000 ...

Filed under: Headlines by Alec Reimon

Can Your Luxury Condo Keep You Healthy?

August 12, 2019

Villa Valencia’s outdoor amenity area includes a resort-style pool with a lap lane and waterfall, along with spacious sunbeds, private cabanas and two summer kitchens for indoor-outdoor entertaining. COURTESY VILLA VALENCIA In the past decade lots of new ideas have found their way into residential construction — aging-in-place, green initiatives, sustainability. It seems only natural, pun intended, for wellness to be part of the equati...

Filed under: Headlines by Alec Reimon

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