Posts filed under: Real Estate

    The City of Miami continues to emerge as a top global destination for the über-wealthy. According to Knight Frank’s annual Wealth Report (2015), Miami is ranked 6th globally, 2nd in the U.S. and will remain among the world’s top...
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    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...
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  Real estate circles are buzzing over the record sale of luxurious Timber Creek Ranch, a 346-acre western playpen on Lake Cypress Springs, 90 minutes east of Dallas. Concierge Auctions, which conducted the sale on site at the ranch, said it represents...
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    SL Green Realty Corp. plans to acquire Eleven Madison Avenue, a 29-story, 2.3 million-square-foot Class A building in Manhattan’s Midtown South market, for $2.3 billion in what is expected to be another record-setting deal for a New York...
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  In all, 82 apartments renting for at least $50,000 a month were listed on StreetEasy during the first three months of the year, more than triple the number listed in the first quarter of 2008. At lower thresholds, luxury listings are...
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  Christie’s surveyed more than 80 markets worldwide to find out where the ultra-rich individuals buy posh residences. Among the world’s top cities for prime real estate, Dubai ranked first, with 75 per cent of prime property buyers hailing overseas...
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  Easy come, easy go.  As reported by TPR, since the Conservative’s sweeping electoral victory in the UK last week put an end to the proposed Mansion Tax, it seemed to signal a coming buying spree in luxury homes.  But:...
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  This perhaps shouldn’t be a surprise, but it’s nonetheless a pretty big number: 75% of Dubai’s property buyers are foreigners.  Ranked a distant 2nd and 3rd in terms of percentage of purchases by foreign buyers are London (44%) and...
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  Movie trailers to sell luxury real estate?  Yep.  Lifestyle videos are taking the luxury real estate market by storm. These videos include exotic cars, models/actors, drone footage, and even plots and storylines.  Why?  Because we live in an aspirational...
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