Jewelry Designer Puts Her Miami Dream House—Complete With Indoor Trees and Waterfalls—up for Sale for $14.5 Million
Dionea Orcini is selling a mid-century home with architectural plans to raze and replace it with an avant-garde mansion full of East Asian influences. Read More
BY THE NUMBERS
| CONTENT FROM: The Centrale |
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Residences in the center of it all with panoramic views
The Centrale in Midtown NYC features masterful architecture by Pelli Clarke & Partners and extraordinary interiors by Champalimaud Design. Experience mesmerizing views and an array of word-class amenities from the indoor lap pool to a grand entertaining room with triple-height ceilings adjacent to the four-season terrace. 1-4 Bedroom Residences priced from $2.475M.
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TRENDING TODAY
LISTING OF THE DAY
On Sale: A Lavish Miami Beach New Build Comes With Stunning Views and a $34 Million Discount
Amenities include an oversized dock with room for a yacht, a pool and spa, an elevator, a bar, an indoor fish pond and a wine cellar. Read More
THE INSIDERS
‘Living With Fine Art Is Transformative,’ Says Interior Designer and Gallerist
James Yarosh says a monumental piece can open up a room and believes art in the home gives people fuel to face life’s challenge. Read More
NEWS BITES
Stamp Duty Costing Some Australian Buyers Six Times as Much as It Did in the 1980s
How the times have changed: Joint research by PropTrack and the e-61 Institute has found that stamp duty taxes are costing Australian home buyers of median-priced properties at least four times as much as they did in the early 1980s, with one region getting dinged by quite a bit more. Currently, buyers of median-priced homes in Australia’s largest property markets, Sydney and Melbourne, are paying six months of the average full time salary in stamp duty. For Melbourne buyers, that is a 6.1-fold increase over what they were paying in the 1980s. Industry analysts say the soaring stamp duty costs are the result of rising home prices and falling housing affordability and underscore the need for property tax reform. realestate.com.au
Hong Kong Home Prices Could Rebound in 2025
Goldman Sachs sees a light at the end of the tunnel for the Hong Kong housing market. The investment bank is predicting that the city will see a rebound in home prices in 2025, with values rising 5%, and with the recovery beginning gradually toward the end of 2024, as the U.S. Federal Reserve cuts interest rates and Hong Kong mortgages fall. Hong Kong home prices fell for eight straight months through December, and have spiraled 23% since August 2021. South China Morning Post
Demand for Vastu, Feng Shui-Compliant Homes Growing in Dubai
Industry insiders in Dubai are reporting a growing demand for Vastu- and Feng Shui-designed homes in the city. Vatsu and Feng Shui are ancient practices, with deep ties to Indian and Chinese culture, respectively, that seek to arrange the living space in a way that creates harmony and brings peace to the residents. Indian nationals topped the list of foreign buyers in Dubai last year, while Chinese nationals ranked in the top 10 for international property hunters in the U.A.E. city. Khaleej Times
Grammy-Nominated Marshmello Sells Beverly Hills Home for $15 Million
Christopher Comstock, better known as Marshmello, has sold his sizable home in Beverly Hills’s Mulholland Estates neighborhood for $15 million. The Grammy-nominated producer and DJ’s former home features five bedrooms and seven bathrooms across 7,800 square feet of living space and includes a primary suite with private outdoor space and a massive walk-in closet, a kidney-shaped pool, a hot tub, a library and amazing views. Realtor.com
AROUND NEWS CORP
Residential Solar Confronts a Critical Year [The Wall Street Journal]
Why Secret Spaces and Hideaways Are Back in Fashion [The Times of London]
Want to Try Minimalist Decor in Your Home? Check Out These Do’s and Don’ts From the Pros. [Realtor.com]
Modernist Home Attracts International Attention With A$23 Million Price Hopes [news.com.au]
