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A brand new Bel-Air megamansion has sold for $75 million—one of the largest deals ever closed in Los Angeles, accordin...
07/19/2019
A Prolific Builder’s L.A. Megamansion Sells for $75 Million

A brand new Bel-Air megamansion has sold for $75 million—one of the largest deals ever closed in Los Angeles, according to people with knowledge of the deal.

Arya Group’s Ardie Tavangarian made the decision to let go of his 25,000-square-foot Bel-Air home when the project grew more elaborate and expensive.

What do thieves and rodents have in common? They both love your garage.
07/18/2019
The Ups and Downs of Having a Home Garage

What do thieves and rodents have in common? They both love your garage.

Garages can boost home values, but clutter, pests and burglars often result in unnecessary costs.

Residential building permits, which can signal how much construction is in the pipeline, dropped 6.1% from May.
07/17/2019
U.S. Housing Starts Declined 0.9% in June

Residential building permits, which can signal how much construction is in the pipeline, dropped 6.1% from May.

Home building in the U.S. declined in June, a fresh sign of weakness in the housing market.

Land, no! Unanchored and on the move, these yacht owners are redefining what was once considered an “old-school, small...
07/17/2019
Yacht Owners Ditch Life on Land for the High Seas

Land, no! Unanchored and on the move, these yacht owners are redefining what was once considered an “old-school, small industry.”

Baby boomers embark on a permanent voyage as long-term living on yachts becomes easier to maneuver

The builder behind Hudson Yards is selling his Time Warner Center penthouse to live at his Far West side mega-project.
07/16/2019
Stephen Ross Lists Central Park Pad for $75 Million

The builder behind Hudson Yards is selling his Time Warner Center penthouse to live at his Far West side mega-project.

The real-estate developer and his wife Kara Ross are selling their Time Warner Center penthouse as they make the switch to Hudson Yards.

Malta’s property market, considered one of the strongest in the world, is punching above its weight.
07/11/2019
For Sale in Malta: A Path to EU Citizenship

Malta’s property market, considered one of the strongest in the world, is punching above its weight.

Foreign buyers are fueling the tiny island nation’s red-hot real-estate market, which offers outsiders pleasant weather conditions and the option to become EU citizens.

In a nod to his days as a San Francisco 49er, the legendary quarterback initially listed the 500-acre property for $49 m...
07/10/2019
Joe Montana Relists California Estate at 41% Discount

In a nod to his days as a San Francisco 49er, the legendary quarterback initially listed the 500-acre property for $49 million in 2009.

In a nod to his days as a San Francisco 49er, the legendary quarterback initially listed the 500-acre property for $49 million in 2009.

His parents were ballet dancers, but Richard Thomas was drawn to acting. "They didn’t have much of a chance."
07/09/2019
Actor Richard Thomas Got an Early Start on Broadway

His parents were ballet dancers, but Richard Thomas was drawn to acting.

"They didn’t have much of a chance."

The Emmy-winning star of ‘The Waltons’ was first a ‘theater brat’ who made his stage debut at 7 years old.

Real-estate developers and high-end buyers—including celebrities like Lil’ Wayne and Tracy Morgan—are installing e...
07/07/2019
Home Shark Tanks Are In. Just One Problem: Sharks Make Terrible Pets

Real-estate developers and high-end buyers—including celebrities like Lil’ Wayne and Tracy Morgan—are installing elaborate aquariums so they can keep the ocean’s most feared predators as pets.

Sharks are the new hot feature for wealthy homeowners. But keeping a pet with that many teeth doesn’t always go swimmingly— especially for the other fish. “Messing with the vibe of the tank.”

How to recreate this corner of a Hampton Bays, N.Y., beach house, designed to let the owners commune with sunset—even ...
07/05/2019
We Want to Live In This Beach House. Or at Least Fake It

How to recreate this corner of a Hampton Bays, N.Y., beach house, designed to let the owners commune with sunset—even if you lack a view.

How to recreate this corner of a Hampton Bays, N.Y., beach house, designed to let the owners commune with sunset—even if you lack a view.

Would you ever paint a stairway egg-yolk yellow? You might, after you see this condo.
07/05/2019
House Tour: How Color Made a Routine Condo Special

Would you ever paint a stairway egg-yolk yellow? You might, after you see this condo.

A young novelist wanted to infuse his grimly ‘luxurious’ D.C. condo with color—and found a designer who wholeheartedly agreed. Steal their strategies.

Known as the “Mother Lode,” the two-floor apartment’s roof has a roughly 1,500-square-foot deck with a kitchen, a ...
07/04/2019
Boston Celtics Owner Asking $37.5 Million for Aspen Penthouse

Known as the “Mother Lode,” the two-floor apartment’s roof has a roughly 1,500-square-foot deck with a kitchen, a hot tub and views of the mountains.

Paul and Sandy Edgerley purchased the five-bedroom, 9,000-square-foot apartment for $17 million in 2014.

“We went inside and found the home in atrocious condition. Just two days earlier—during the final walk-through—the...
07/04/2019
When Home Sellers Have Regrets

“We went inside and found the home in atrocious condition. Just two days earlier—during the final walk-through—the home was in fairly decent condition. [Now] there was red wine poured all over the hardwood floors. The kitchen was filthy. We open the Sub-Zero refrigerator and there were several big, dead cockroaches on their backs—they didn’t get in there on their own, they were placed in there. It was truly disgusting."

Real-estate agents recall desperate measures that sellers took to try and stop a home purchase.

"This is staging on steroids."
07/03/2019
Decorator Show Houses are Designed to Sell

"This is staging on steroids."

Sellers turning their homes into show houses bet that boosted foot traffic and media exposure will improve their chances on the market.

"When the wind blows, the phone rings."Above-ground shelters made by a Georgia-based firm are designed to withstand the ...
07/02/2019
Twister Pods: When Basements and Bath Tubs Just Won’t Cut It

"When the wind blows, the phone rings."

Above-ground shelters made by a Georgia-based firm are designed to withstand the force of an EF-5 tornado.

An active tornado season is prompting those under threat to seek easy-to-install storm shelters that can be buried underground or bolted right to the home.

First came love and marriage. First came love and marriage. Then this 5,600-square-foot apartment with mountain, ocean a...
07/01/2019
Barbara Sinatra’s Los Angeles Penthouse Lists for $8 Million

First came love and marriage. First came love and marriage. Then this 5,600-square-foot apartment with mountain, ocean and city views.

The 5,600-square-foot home, which sits atop the Ten-Five-Sixty on the Wilshire Corridor, is where the late socialite lived after Frank Sinatra’s death.

Jacqueline Kennedy Onassis welcomed many visitors to Red Gate Farm, including first lady Claudia Alta “Lady Bird” Ta...
06/27/2019
Jackie O’s Compound on Martha’s Vineyard Hits Market for $65 Million

Jacqueline Kennedy Onassis welcomed many visitors to Red Gate Farm, including first lady Claudia Alta “Lady Bird” Taylor Johnson, President Bill Clinton and former Secretary of State Hillary Clinton.

Caroline Kennedy is listing the 340-acre property, which her mother bought for over $1 million in the late 1970s.

Stone, wood and Japanese minimalism mark the aesthetic of this contemporary West Hollywood home.
06/16/2019
Stone Is at the Heart of This West Hollywood Home

Stone, wood and Japanese minimalism mark the aesthetic of this contemporary West Hollywood home.

Arik and Debra Tendler brought their brand of quartz to the U.S. and used the stone throughout their contemporary home in one of L.A.’s trendiest neighborhoods.

A uniquely British financial strategy, contract flipping is becoming a dicey endeavor for real estate speculators in the...
06/16/2019
British Contract Flippers Stymied by Faltering London Market

A uniquely British financial strategy, contract flipping is becoming a dicey endeavor for real estate speculators in the U.K.

Brexit uncertainty and an oversaturated property market has turned contract reassignment into a risky proposition.

"Take Molly Ringwald. Quite a while back, she lived in a duplex in the Village, and she lit the fireplace in her apartme...
06/16/2019
Bringing High-End Homes Back From the Brink

"Take Molly Ringwald. Quite a while back, she lived in a duplex in the Village, and she lit the fireplace in her apartment and it burned through the floor from her bedroom to her living room. The whole apartment was sooty and dirty and we had to clean her huge vintage clothing collection. The place took a year to restore.”

The rich and famous call this Manhattan-based firm when their homes are tainted by smoke, soot, water damage and mold.

Would you help buy a golf course if it preserved your views and protected your property values?
06/15/2019
Golf-Home Owners Chip In To Save Struggling Courses

Would you help buy a golf course if it preserved your views and protected your property values?

Neighbors are banding together to buy golf courses and fix up fairways to keep their property values from landing in the rough.

Under the state’s new tax law, Amazon CEO Jeff Bezos would have paid about $3 million in mansion taxes, up from $800,0...
06/15/2019
New York’s Mansion Tax Could Explain Blitz of Big-Ticket Sales

Under the state’s new tax law, Amazon CEO Jeff Bezos would have paid about $3 million in mansion taxes, up from $800,000 under the current rules.

Some brokers speculate that impending changes to the state’s tax policy are encouraging buyers to fast-track their luxury purchases.

A massive Palm Beach mansion is in contract to be sold for over $100 million, which would set a record for the most expe...
06/14/2019
Waterfront Mansion Set to Become Palm Beach’s Most Expensive Home

A massive Palm Beach mansion is in contract to be sold for over $100 million, which would set a record for the most expensive single-family home sale in the wealthy Florida town.

Once owned by the late Terry Allen Kramer, the roughly 37,500-square-foot estate is in contract to sell for more than $100 million.

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