The Calendar Is Key: Timing the U.S. Market to Get the Most for Your Home
Understanding the nuances of the best and worst times to list can make a big difference in your sales price. Read More
BY THE NUMBERS
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SELENE NEW YORK | 100 EAST 53 | IN A NEW LIGHT | FROM $2.4 M
Moments from Park Avenue on one of the most architecturally significant streets in New York, the Foster + Partners-designed Selene reflects craftsmanship rarely seen in New Development. Four levels of luminous amenities including a 60-foot pool, sauna, and game rooms create an urban sanctuary. Offers direct elevator access to Michelin starred Le Jardinier restaurant at ground level.
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TRENDING TODAY
LISTING OF THE DAY
Walk Right Into the Pool From the Living Room at This Florida Mansion
The contemporary, three-level estate enjoys direct access to a scenic stretch of the Gulf of Mexico and walls of glass that peel away. Read More
NEIGHBORHOOD NOTES
Colorful Homes and Parks Abound in Berlin’s Wealthiest Borough, Steglitz-Zehlendorf
The borough includes so-called “forest settlements,” rural-like developments that offer even more of a respite from the hectic life of the city. Read More
NEWS BITES
Former DC Comics Publisher Lists Manhattan Townhouse for $3.25 Million
A whimsical, Georgian Revival-style townhouse has hit the market in New York City for $3.25 million. The specially curated, five-bedroom home in Harlem’s historic Strivers’ Row neighborhood is owned by Jenette Kahn, who published DC Comics and Mad magazine for more than 26 years. She is now a movie producer, best known for films such as “The Book of Henry” and Clint Eastwood‘s “Gran Torino.” The 4,900-square-foot home last changed hands in 1997 for $465,000. Realtor.com
Sales Down 17.5% Annually in Texas
Texas recorded a 17.5% dip in closed sales statewide in the first quarter when measured against the same period last year, according to Texas Realtors’ latest Quarterly Housing Report. Overall sales dipped to 72,480 last quarter, while housing inventory is still below what the agency considers to be a “historically normal” level. Listings are taking, on average, 100 days to close between time spent on the market and the closing period, which is 22 days longer than this time last year. MySA
A Boat-Shaped House in Florida Asks Close to $1 Million
In Sarasota, Florida, a unique home shaped like a boat with its own lighthouse is on the market for $949,000. Known as Rowe Boat, the iconic 1,949-square-foot property was built in 1933 by a shipbuilder. As well as heaps of nautical charm, it has three bedrooms, three bathrooms and a second-story wraparound porch. The standalone three-story lighthouse spans 500 square feet and has recently been used as a vacation rental. Creative Loafing Tampa Bay
Newly Enacted Mansion Tax Paralyzes L.A.’s Luxury-Home Market
Leading up to April 1, the luxury real estate market in Los Angeles was frenzied, with sellers of multimillion-dollar homes desperate to close deals before Measure ULA, nicknamed the mansion tax, took effect. The new measure levies a 4% charge on all residential sales above $5 million and a 5.5% charge on sales above $10 million. Since April 1, the city’s luxury market has essentially frozen, with sellers removing their properties from the market. In March, 126 homes and condos sold for $5 million or more. In April, there were only two $5 million-plus sales. Los Angeles Times
AROUND NEWS CORP
The Scariest Part of Owning a Murder House? It’s Not the History or the Ghosts. [The Wall Street Journal]
A Quirky and Cozy Castle Near Stirling Is on Sale for Offers Over £1.45 Million [The Times of London]
5 Trending Decor Ideas Priced Below $200 to Glam up Any Bathroom [Realtor.com]
West Pennant Hills Mansion Draws Comparisons to Succession’s Luxury Apartments Amid Global Interest [news.com.au]
