The World has Ended
September 16, 2009 by admin
Filed under Luxury Houses For Sale
We have been suggesting for some time that the luxury real estate market in Dubai was going to collapse and slowly but surely that has come to pass. Dubai is finished. The Times has finally acknowledged that Dubai is all but finished as any sort of investment destination with the indefinite “delay,” of the World Island development meaning the elements are taking over once again.Of course, just a few weeks ago, the times was also selling us on the idea that Britain’s property market has bounced back and a “recovery” is under way.
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Luxury Condominium Auctions 24 Units in New Mexico
September 15, 2009 by admin
Filed under Luxury Houses For Sale
Kennedy Wilson Auction Group, a division of the international real estate services and investment firm Kennedy Wilson, will be conducting a close out auction of 24 new casita-style condominiums located at Zocalo, Santa Fe, NM on Sunday October 4, 2009. The auction will be held at The Bishop’s Lodge Resort & Spa, in Santa Fe, and will commence promptly at 1 PM.
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Addison Mizner Estate Offers Luxury of a Bygone Era
September 12, 2009 by admin
Filed under Luxury House News
A historic home in a great setting, this charming luxury estate in the highly desirable Old Floresta neighborhood of Boca Raton, Florida, remains true to the vision of architect Addison Mizner, who established the enclave in 1920. Entering the gates …
Luxury homes in the news 09/10
September 11, 2009 by admin
Filed under Luxury Houses For Sale
The luxury real estate market continues to take a beating, despite the positive spin coming from certain quarters and these are a few headlines from around the world.
It looks as though the Barclays Center in Atlantic Yards is back on – although I doubt the planned 6,000-plus luxury condos will be built. And Ratner has left the announcement of the new plans so late that it makes a mockery of the whole process. To obtain the massive tax advantages of being given tax-exempt bond status, construction needs to have started before the end of this year. And with several law suits in the air, plus more likely, I can’t see it somehow.
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Luxury home in the Hamptons Bernie Madoffs summer beach house up for auction
September 10, 2009 by admin
Filed under Luxury Houses For Sale
If the following video shows anything, it is that having millions of dollars lying around does not buy you taste. This is a recent video of Bernie Madoff’s luxury beach house in the Hamptons (Montauk Point in fact) that is being auctioned off by the FBI.
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Luxury Condo developer takes a loss
September 9, 2009 by admin
Filed under Luxury Houses For Sale
Things are continuing to get ugly in the luxury condo development world as the credit crunch continues. I suspect 2010 will be the year of the record lawsuits, but 2009 is shaping up nicely. It is still anyone’s guess just how long Donald Trump will be spending in court over the next couple of years, but he is by no means alone.
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Luxury property developer found guilty of murder
September 8, 2009 by admin
Filed under Luxury Houses For Sale
A wealthy British luxury property developer has been found guilty of murdering a caretaker who stood in the way of a £2.3 million property sale. It would appear that Thanos Papalexis, the son of a Greek shipping company magnate, is not the sharpest tool in the box, after he admitted the murder to a prostitute and former girlfriend, who appeared at the trial.
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Historic property renovation on the Upper East Side in Manhattan
September 5, 2009 by admin
Filed under Luxury Houses For Sale
Elie Hirschfeld of Hirschfeld Properties, LLC is currently renovating the 3,000 sq. ft. historic property in Manhattan located at 218 East 79th Street. Features of the property will soon include wood burning fire places, hardwood floors, high ceilings, north and south views, modern kitchens, renovated bathrooms, walk-in closets, and washers/dryers.
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Manhattan Luxury Real Estate Agent Ranked in the Top 2 Percent Nationally
September 4, 2009 by admin
Filed under Luxury Houses For Sale
Manhattan luxury real estate agent, Peter Comitini has been ranked in the top 2% of his company’s real estate agents – nationally. Peter is part of the Corcoran group, which is owned by NRT. The parent company also owns CitiHabitats, Sothbey’s Real Estate, Coldwell Banker, and Century 21 and has more than 54,000 agents, making this a fantastic achievement. A letter from the CEO, Bruce Zipf, states:
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Bellevue has arrived!
September 4, 2009 by admin
Filed under Luxury Dream Homes
It is no longer the little town that started in 1953. Now we can all experience the luxury of shopping at our very own Neiman Marcus. Bellevue has officially grown up into a sophisticated city with luxury shopping in addition to the luxury homes. It is no longer a sleepy bedroom community of Seattle. Sip champagne while shopping at Jimmy Choo or stop for lunch at the Wild Ginger. The shopper girls and trend setters will have their own little bit of heaven right here in Bellevue, Washington.
Th … Continued
on the blog.
