Headlines

New Renderings Reveal Thomas Heatherwick’s Design for Residential Towers Straddling NYC’s Highline

January 31, 2018

Thomas Heatherwick is touching the New York Architecture Scene again, revealing his design for a pair of residential towers in a pair of renderings. The two towers will flank either side of the New York High Line, located at 18th Street, it will situate itself adjacent to Frank Gehry’s IAC Headquarters building. Perhaps the buildings’ most striking features are it’s barrel-shaped windows, appearing to bulge from the building’s mason...

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Hamptons Home Sales Jump, Chopping the Supply of Listings

January 31, 2018

Hamptons home sales jumped in the fourth quarter, surprising even most the optimistic brokers, as buyers moved to close deals in a stock market-fueled rush. The sales surge left 756 homes on the market in the Long Island resort towns at the end of December, down 43 percent from a year earlier and the biggest decline in supply since the first quarter of 2008, appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate said in a re...

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3D-Printed “Window to the Heart” to Be Constructed in Times Square for Valentine’s Day

January 31, 2018

Courtesy of ArandaLasch + Marcelo Coelho with Formlabs  The collaboration of Aranda\Lasch + Marcelo Coelho has been selected as the winners of this year’s Times Square Valentine Heart Design competition for their 3D-printed proposal, Window to the Heart. Envisioned as the “world’s largest lens,” the installation was in response to its location within one of the world’s most instagrammed places, Times Square. The 12-foot-diamete...

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Here’s the latest look for the Frank Gehry-designed Grand Avenue project

January 31, 2018

Set to rise across the street from Disney Hall Developer Related Companies unveiled new renderings today of a long-delayed mixed-use development across the street from Downtown’s Walt Disney Concert Hall. New images of the Frank Gehry-designed Grand Avenue Project come with confirmation that the new development will begin construction this fall. The project, now called The Grand, will bring a shops, a movie theater, and a 20-story, 314-room Eq...

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How can I get a mortgage in NYC as a foreign investor?

January 24, 2018

QUESTION: I'm a British citizen and I want to invest in New York City real estate from overseas. What's the best way for me to proceed? How can I get a mortgage as an international investor? ANSWER: You do face restrictions that domestic buyers do not, but it's certainly possible for a foreign national to get a mortgage for an investment property in the U.S., according to our experts. Not all banks will lend to foreign investors, bu...

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Madrid mayor sets out ambitious plan to turn capital into green city

January 24, 2018

MADRID is planning to have its greenest year ever under an ambitious 30-point plan. The plan is called Plan A, ‘because there is no plan b’, according to mayor of the capital Manuela Carmena. The city will start doubling its sidewalks at the end of January to give pedestrians an extra 58,000 square feet of space and a segregated bike lane along the Gran Via. June will see the debut of the Zero Emissions Zone, which will only allow loc...

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Four new luxury hotels to open in Marbella

January 24, 2018

A MULTI-MILLION pound investment will see four new luxury hotels open in Marbella, according to Spanish media.  Foreign investors are reportedly set to plough €15 million into the developments, which will be in the historic old town centre. Swiss and British investors from the Rhone Property group are planning to restore some of the area’s grander properties as hotels. They plan to open a boutique hotel called ‘Maison Ardois’ - a...

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California had 77 of the country’s 100 most expensive ZIP Codes for home sales last year, report says

January 24, 2018

California had 77 of the 100 priciest ZIP Codes in the United States last year, like this estate listed in Bel-Air for $250 million. (BAM Luxury Development) A year-end report from real estate database PropertyShark has confirmed what every Angeleno already knows: California is a really expensive place to live. The analysis, which surveyed the priciest ZIP Codes in the country based on median home sales prices, found that Califor...

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Spain to replace US as second most popular tourism spot

January 17, 2018

Spain is set to replace the US as the world's second most popular tourism location, with France retaining top spot, according to the UN World Tourism Organization (UNWTO). Overall, the number of international tourist arrivals grew 7% in 2017 to 1.3 billion, according to latest estimates. It said this "strong momentum" was expected to continue in 2018, with a growth rate of between 4% and 5%. UNWTO said definitive figures would not be publishe...

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Marbella’s parks receive massive cash injection in effort to boost conservation

January 17, 2018

Up to €9.9 million will be awarded to a company with a two year contract from 2018 - 2020, with the possibility of said contract being extended to 2023. MARBELLA town hall has been forced to outsource the conservation of its green areas after admitting its Parks and Gardens department is ‘woefully understaffed’. Up to €9.9 million will be awarded to a company with a two year contract from 2018 – 2020, with the possibility of said contr...

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