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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

Peter Pennoyer will design an 18-story condo on Madison Avenue

August 9, 2019

Naftali Group filed plans for the project with the city’s DOB Screen shot via Google Maps An 18-story building with just 16 units is coming to the Upper East Side. YIMBY reports that Naftali Group has filed plans for the project, which will rise 210 feet at 1045 Madison Avenue, with Peter Pennoyer Architects as the architect of record. Naftali has been quietly snapping up existing buildings on that stretch of Madison Avenue, between 79th...

Filed under: Headlines by Alec Reimon

High Net Worth Investors Flocking to Malaga

August 9, 2019

Malaga, the capital of the Costa del Sol, has edged its way into the list of the most desirable places to buy a house. Thanks to its climate, museums, culture and accessibility, the city has become a magnet for investors and homeowners. Home buyers in Malaga are both national and international. British, Scandinavian, Belgian and Germans frequently top the list of buyers. INE data suggests the city accounted for almost 7% of new home sales in Spain...

Filed under: Headlines by Alec Reimon

Spain: Coastal Property Prices Still Increasing

August 8, 2019

The price of homes along the Spanish coast grew by 5.7% during the last 12 months, reaching an average cost per square metre of 1,727 euros, according to a report from idealista. The price of coastal homes on the Costa del Sol grew the most with an increase of 9.9%. In 2018, a Costa del Sol property had an average price of €1,848 euros/m². In 2019 this has risen to €2,030 euros/m². This was a greater increase than the most expensive region...

Filed under: Headlines by Alec Reimon

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