Blog Posts – Small Image

    Put away your checkbooks — an $88 million Central Park​ West penthouse​ ​at the center of a bitter divorce is staying ​off the market​, ​for now. Russian oligarch Dmitri Rybolovlev, who drew headlines when a Swiss court ordered...
    The price per square foot of newly-constructed condos in New York jumped 32% between 2013 ($1,656 per square foot) and 2014 ($2,193 per square foot). The wealthy wanting to buy today in New York can find much better...
    Federal Treasurer Joe Hockey is poised to crack down on another mansion purchase by a foreign buyer — with the trophy property most likely located in Perth.  The Australian Tax Office, which has been handed responsibility for enforcement...
    Real-estate and construction companies dragged Dubai’s stocks to the lowest level in five weeks as equity gauges across the six-nation Gulf Cooperation Council retreated. Dubai’s DFM General Index slid 1.7 percent to close at 4,049.98, pulled lower by...
    A fourth wave of Chinese capital is set to wash over Australian commercial and development real estate. Chinese buying of Australian commercial and development real estate, which jumped to $4.37 billion in 2014, was the highlight of Chinese...
    One of the biggest homes in U.S. history is rising on a Los Angeles hilltop, and the developer hopes to sell it for a record $500 million. Nile Niami, a film producer and speculative residential developer, is pouring...
    [dropcaps round=”no”]A[/dropcaps]As we all know, the contemporary art market and the property market are both on fire. In both instances, we are dealing with the same buyer, looking for the same things: how does contemporary art impact architecture...
  Some investors are betting the next big market in hospitality will be the scruffy, cost-conscious backpacking crowd. AllianceBernstein LP, Invesco Ltd. and billionaire Ronald Burkle’s Yucaipa Cos. all are pouring money into upscale youth hostels, a new kind of...
    However you voted on May 7, one element of the general election is beyond debate: the unexpectedly decisive nature of David Cameron’s return to Downing Street, this time with a small, but effective, majority. Political uncertainty put the...
    The $179.4 million sale of Pablo Picasso’s Les Femmes d’Alger (Version ‘O’) (1955) at Christie’s last week was greeted with the usual media frenzy, but I am pretty sure no one who was paying attention was truly shocked....