Rolling Stone Charlie Watts’s One-Time Gothic-Style Manor Selling for Nearly £8 Million
The drummer lived in the 19th-century mansion outside Gloucester, England, in the 1970s and ’80s, and converted an outbuilding into a recording studio. Read More
BY THE NUMBERS
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TRENDING TODAY
SPECIAL REPORT
New York’s Newest Condos Prioritize Privacy
Developers answer to buyers’ demand for seclusion and comfort in the city. Read More
LISTING OF THE DAY
Futuristic Home Takes in the Views From Its Perch in the British Virgin Islands
Expansive motorized walls of glass connect the modern estate’s indoor and outdoor living spaces. Read More
DESIGNER’S CORNER
Eco-Friendly Bedroom Design Doesn’t Have to Be a Snooze
A sustainable, luxury bedroom can include rich colors, upcycling and supporting local designers. Read More
NEWS BITES
‘Friends’ Creator Buys $23 Million Malibu Beach Home
Television writer and producer Marta Kauffman, best known for co-creating ‘Friends,’ has dropped $23.6 million on a beachfront home in Malibu, California. Purchased from Milwaukee Brewers owner Mark Attanasio, the Cape Cod-style home has four bedrooms and several sets of sliding and French doors that open up to the back deck. Additionally, the property has a detached guest house and a basketball court. Located on Broad Beach, the property is right next door to the $16 million home Kauffman has owned since 2006. Combined, the two properties span 1.3 acres and more than 7,000 square feet of living space. Robb Report
Lived-in Home Prices in Hong Kong Decline for the Fourth Straight Month
Lived-in home prices in Hong Kong dropped in August for the fourth month in a row, according to government data. Prices slipped 1.4% from July to August. With high interest rates and growing inventory, analysts predict this price trend will continue for the rest of the year. “High interest rates, lack of purchasing power and stockpiling of new flats have continued to push property prices downward,” said Martin Wong, Knight Frank’s Greater China head of research and consultancy. Wong expects a 5% average drop in home prices over the second half of the year. South China Morning Post
A-Shaped Waterfront Property in Sydney Asks A$85 Million
A beachfront property in the Sydney suburb of Rose Bay has hit the market with a whopping A$85 million (US$54.2 million) price tag. If it sells for that price, it’ll be one of the most expensive homes ever sold in the Sydney area. The unusually shaped plot forms the shape of the letter A around another house, which is not included in the sale. Its waterfront location offers access to a sandy beach and unobstructed views over the harbor toward the Sydney skyline and the Sydney Harbour Bridge. realestate.com.au
U.K. Residents in Prime Property Markets Optimistic About Potential Labour Government
With Labour Party leader Keir Starmer distancing himself from his predecessor’s policies, residents of the U.K.’s prime property markets are feeling optimistic about a potential incoming Labour government. Starmer has ruled out the mansion taxes former leader Jeremy Corbyn proposed. “The likelihood of an incoming Labour government no longer feels like a massive threat to prime property markets in London and the country,” said Mark Parkinson, managing director of Middleton Advisors. Research from Middleton shows that house prices have dropped by 6% since the last general election, and four of the five governments in power during times when prices fell were Conservative. PropertyWire
AROUND NEWS CORP
The Multimillion-Dollar Condo Fit the Bill—But It Was the Faux Plants that Sold Them [The Wall Street Journal]
Kelly Wearstler: The Interior Designer Trusted by Hollywood Stars [The Times of London]
What Did It Take to Sell This House? How a Drone and Some Surprising Angles Saved the Day [Realtor.com]
Sleep Like an Ogre in Shrek’s Swamp at This Scottish Airbnb [New York Post]
