San Jose, California’s Median Home Price Hits $2 Million—a First for a U.S. Metro

Illusionist David Copperfield has been hit with a lawsuit from the board of managers of the Galleria Condominium, on East 57th Street in Manhattan, which is claiming the magician “trashed” his unit in the building before moving out in 2018. After leaving the unit, he allegedly “failed to maintain the valves, pipes and other mechanical equipment servicing his unit,” and as a result, neighboring apartments and other parts of the building faced damage. A representative for Copperfield said this case is a “simple insurance claim.” US Magazine

In Australia, a waterfront, clifftop parcel boasting nothing besides a tennis court and a coveted location is hoping to sell for between A$7.5 million and A$8.2 million (US$4.9 million and US$5.4 million)—several times higher than the suburb’s median house price. The lot, in upmarket Mornington, in Victoria, spans close to 40,000 square feet, allowing for the construction of a significant new home, while keeping a large portion of the vast grounds. Domain

The Malaysian government is no longer prioritizing the construction of skyscrapers, according to Prime Minister Anwar Ibrahim. Instead, the country—which has one of the highest concentrations of skyscrapers globally—will focus on initiatives and funding that improves spaces used and enjoyed by the general public. “There are already many skyscrapers, if the private sector wants to build them please do. But, the government does not make this a priority anymore,” Ibrahim said. Dezeen

Portugal is a top destination for high-net-worth individuals seeking a blend of lifestyle, investment opportunities and quality of life, according to a report from Property Market-Index. In the Algarve region, for example, the “luxury real estate market is thriving. The continued influx of entrepreneurs and wealthy families choosing the Algarve is delivering for investors, with quality build programs now on par with international standards,” said Amanda Collison, the firm’s senior researcher and spokesperson. The Portugal News