Manhattan Luxury Market Performance ‘Par-for-the-Course’ in First Quarter
Total sales ranked No. 5 for the last decade, with 313 contracts signed. Read More
BY THE NUMBERS
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Introducing The Penthouse Collection at 200 Amsterdam
A rarified offering of two expansive Duplex Penthouses and five full-floor, three- and four- bedroom residences crowning the elegant new landmark tower on the Upper West Side. At 200 Amsterdam, three floors of considered amenities, including the Club & Spa with 75-foot Saltwater Pool and Little Composer’s Room, foster a sense of tranquility and balance. Priced from $17.9M. Immediate Occupancy.
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TRENDING TODAY
LISTING OF THE DAY
A Modern Log Cabin Takes in the Views From a South Carolina Mountain Ridge
The house owes its signature design to imported Western Red Cedar logs and Swedish Cope construction technique. Read More
THE INSIDERS
Luxury Housing Is Getting More Family-Oriented
Lodha UK’s co-CEO talks about demand for multigenerational housing and a pied-a-terre that can accommodate the kids, as well as a revolt against smart homes. Read More
NEWS BITES
Australian Art Dealer Denis Savill Buys a Harborside Sydney Apartment for A$8.8 Million
Australia’s veteran art dealer Denis Savill has bought an apartment in Elizabeth Bay, a harborside eastern suburb of Sydney for A$8.8 million (US$5.85 million). “I want to spend my twilight years sitting back and drinking a scotch with a view of the harbor,” said Mr. Savil, who sold his eponymous art gallery in 2021 for A$5.3 million. The three-bedroom pad, on the second-highest floor in the Kincoppal building, comes with an outdoor terrace. Domain
Saudi Arabia Might Allow Foreigners to Buy Property Across the Kingdom
Saudi Arabia is planning a new law that will allow foreigners to buy property in all parts of the country, Abdullah Alhammad, CEO of the Real Estate General Authority said on Rotana Khalijia Television. Currently, foreigners can’t buy properties in Mecca and Madina. The law is designed to boost demand, which has slowed due to rapid price increases over the past two years. “The negative effects of foreign ownership of the property were monitored in advance so as to avoid them,” Mr. Alhammad said. Arabian Business
California’s $2 Billion Powerball Winner Buys Second Luxury Home
Edwin Castro, the winner of the $2 billion California Powerball, has spent $4 million for a second mansion in the state, after dropping $25.5 million on a Hollywood Hills home earlier this month. The 30-year-old received a one-time lump sum payment of $997.6 million last month. His new Japanese-inspired pad has five bedrooms, two of which have been used as an art studio and a home theater. The property also has a pond, a patio and a saltwater swimming pool. New York Post
A Colorado House With a Disney-Themed Basement Asks $1.1 Million
A house in Colorado that comes with a Disney-themed basement has hit the market for $1.1 million. Located in a retirement community in Thornton, about 12 miles north of Denver, the house has four bedrooms, four bathrooms and a gourmet kitchen. The walls of the basement are lined with Disney memorabilia from both the parks and the classic films and characters. The bedroom on this level is themed to “Beauty and the Beast,” while the bathroom pays homage to Mickey Mouse, according to the listing. Apartment Therapy
AROUND NEWS CORP
Where Are All the Home Listings? [Barron’s]
Goodbye Fitted Units—Freestanding Kitchens Are in Fashion Now [The Times of London]
The 10 U.S. Cities Where You’re Most (and Least) Likely to Find Sellers Slashing Home Prices [Realtor.com]
Famed Radio DJ Scott Shannon Lists Westchester Home for $3.45 Million [New York Post]
