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☆ A wee cottage perched on top of a New York rooftop is for sale for $2.5 million — take a look inside
▼ + stars: | 2023-01-07 | by ( Robert Davis | ) www.businessinsider.com time to read: +1 min

Hershkowitz said in the listing that the 'crown jewel' of this rooftop cottage is its multilevel terrace. Kristina Crane with Evan Joseph StudiosRooftop cottages in New York come in various styles, from chalets to cape cod and even a lighthouse. Some of New York's rooftop cottages are architectural gems. For instance, there is a rooftop property in the West Village that comes with its own meadow, according to StreetEasy. There's also a penthouse on East 36th Street where the owner can see the Empire State Building from their bedroom window, the New York Post reported in 2017.

☆ See inside the biggest modern home in the US, a 105,000-square-foot Los Angeles megamansion that sold for $126 million to Fashion Nova's billionaire CEO
▼ + stars: | 2023-01-06 | by ( Sarah Jackson | ) www.businessinsider.com time to read: 1 min

As for The One, it still holds the title of biggest modern US home. Given its auction, however, it obviously no longer has the record for the most expensive home for sale in the US. Cody Boone, SERHANT StudiosCurrently, that record belongs to a $250 million penthouse in New York City called The One Above All Else. At 1,416 feet above the city, the penthouse is also the world's tallest residence.

☆ FTX spent nearly $7 million on food and over $15 million on luxury Bahamian hotels in just 9 months, court documents show
▼ + stars: | 2023-01-06 | by ( Pete Syme | ) www.businessinsider.com time to read: +4 min

FTX's Bahamian entity spent nearly $40 million on hotels, food, and travel in just nine months. They show the company spent almost $6 million at a single hotel and $1 million on one caterer. Lawyers pointed out that the crypto exchange's Bahamian company, FTX Digital Markets, generated no customer revenue, but spent lavishly. From January to September 2022, the company spent $15.4 million on luxury hotels and accommodation, the filings say. Almost half of that was spent on catering services, with the largest amount, $1.4 million, spent on catering at the Hyatt.

☆ Happy New Year! In 2023 kick out Trump, Elon Musk, Kanye and Depp
▼ + stars: | 2023-01-01 | by ( Lynn Stuart Parramore | Lynn Stuart Parramore Is A Cultural Historian Who Studies The Intersection Of Culture | Psychology | ) www.nbcnews.com time to read: +9 min

Though in far different fields, men like Ye (formerly known as Kanye West), Elon Musk, Donald Trump, Johnny Depp and Sam Bankman-Fried will forever be linked by this ignominious characteristic. Over the past 12 interminable months, America has witnessed the rantings of Hitler-loving Ye; Musk’s edgelord trolling on his new plaything, Twitter; Depp and his toxic TikTok fanboys; and Trump being Trump on any given day. While seemingly not vain like Ye or Depp or openly thuggish like Trump and Musk, he nonetheless exhibits traits that point to something sinister behind the “just-a-regular-dude” persona. Trump seems to be losing ground, and Republicans on the House Judiciary Committee finally took down their “Kanye. Musk asked Twitter users whether he should step down as CEO, and they voted “yes.”Unfortunately, until we address roots causes, there will always be another blustering bully, another Trump, another Ye.

☆ Patriots Owner Robert Kraft Buys Palm Beach Penthouse for $23.75 Million
▼ + stars: | 2022-12-28 | by ( E.B. Solomont | ) www.wsj.com time to read: 1 min

Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. New England Patriots owner Robert Kraft has paid $23.75 million for a penthouse in Palm Beach, according to property records and people familiar with the purchase. The deal sets a record for the priciest condominium ever sold in the affluent South Florida town, records show.

☆ Florida Penthouse Bought With Crypto Sells for $18 Million Cash
▼ + stars: | 2022-12-24 | by ( Katherine Clarke | ) www.wsj.com time to read: 1 min

Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. In June 2021, when the cryptocurrency markets were soaring, the developers of the Arte condominium in Miami’s Surfside neighborhood announced that a buyer had purchased a penthouse there for $22.5 million in cryptocurrency. The deal, one of the most expensive ever done using digital coins, was heralded as evidence that cryptocurrency would eventually become commonplace in the real-estate world.

☆ Aspen Penthouse Fetches Nearly $9 Million More Than It Sold for Last Year
▼ + stars: | 2022-12-22 | by ( Libertina Brandt | ) www.wsj.com time to read: 1 min

Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. A penthouse in downtown Aspen, Colo., has sold for $25.875 million, nearly $9 million more than its most recent sale price last year, according to the seller’s agent, Lane Johnson of Compass.

☆ Sam Bankman-Fried played crossword puzzles, read local newspapers, and ate vegan food while in a notorious Bahamas jail, report says
▼ + stars: | 2022-12-22 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Sam Bankman-Fried played crossword puzzles while being held in a notorious Bahamas jail, Bloomberg reported. He was held in Fox Hill prison's sick bay, where inmates have running water, among other perks, per Bloomberg. Bankman-Fried flew from the Bahamas to New York overnight Wednesday to face fraud charges in the US. New arrivals at Fox Hill must spend two weeks in the jail's sick bay to check they don't have COVID-19, the Daily Mail reported a prison source as saying. Fox Hill's sick bay may be an improvement on the rest of the jail but it's nonetheless a considerable downgrade from Bankman-Fried's $30 million Bahamas penthouse.

☆ Luxury homebuyers want plunge pools, infrared saunas, and 'spiritual concierges,' according to two star brokers who've sold $4 billion of real estate so far this year
▼ + stars: | 2022-12-19 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +6 min

Real-estate agents Fredrik Eklund and John Gomes said luxury homebuyers want wellness perks at home. More than gyms and swimming pools, they're seeking out extras like infrared saunas and plunge pools. On-demand perks like "spiritual concierges" and IV treatments are becoming more popular. Speaking about the year ahead alongside Eklund Gomes Team CEO Julia Spillman, they said wellness perks remain at the top of the list of must-haves for luxury homebuyers of both condos and single-family residences. The Eklund Gomes Team has big plans for the year aheadThe Eklund Gomes Team plans to grow, even as the real-estate market at large is slowing down.

watch nowFTX founder Sam Bankman-Fried was sent back to a Bahamas jail Monday after a reported plan for him to waive his extradition to the U.S. stalled. FTX founder Sam Bankman-Fried (C) is led away handcuffed by officers of the Royal Bahamas Police Force at the Nassau, Bahamas, courthouse on December 19, 2022. The FTX founder arrived at Bahamian court in a convoy of police vehicles, heavily guarded, just after 10 a.m. Sam Bankman-Fried, founder of FTX, is escorted inside of the Magistrate's Court in Nassau, Bahamas, on Monday, Dec. 19, 2022. WATCH: Why Sam Bankman-Fried may decide to drop his fight against being extradited to the U.S.

☆ Sam Bankman-Fried is in jail, but legal watchers are wondering: Where's ex-girlfriend Caroline Ellison?
▼ + stars: | 2022-12-16 | by ( Sindhu Sundar | Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

Former Alameda CEO Caroline Ellison isn't named in prosecutors' charges against Sam Bankman-FriedBut the SEC's civil suit references her statements on the relationship between FTX and Alameda. Conspiracy charges and civil claims against SBF show others in the crosshairs, legal experts said. But her rise as CEO at Alameda, Bankman-Fried's other crypto company separate from FTX, may certainly put her in investigators' sights. The SEC's complaint on Tuesday claimed that Bankman-Fried "remained the ultimate decision-maker" at Alameda, even after Ellison took over the reins. Since Bankman-Fried's crypto empire began unraveling in November however, Ellison has stayed away from the public eye.

☆ Photos show disgraced FTX founder Sam Bankman-Fried cuffed in Bahamas on his way to jail
▼ + stars: | 2022-12-14 | by ( Rohan Goswami | ) www.cnbc.com time to read: +2 min

TOPSHOT - FTX founder Sam Bankman-Fried (C) is led away handcuffed by officers of the Royal Bahamas Police Force in Nassau, Bahamas on December 13, 2022. - Disgraced cryptocurrency tycoon Sam Bankman-Fried was hit with multiple criminal charges December 13, 2022, accused of committing one of the biggest financial frauds in US history. FTX founder Sam Bankman-Fried (2nd L) is led away handcuffed by officers of the Royal Bahamas Police Force in Nassau, Bahamas on December 13, 2022. Sam Bankman-Fried, founder of FTX, left, and his mother Barbara Fried at the Magistrate's Court in Nassau, Bahamas, on Tuesday, Dec. 13, 2022. Bankman-Fried was denied bail by a judge, leaving the disgraced co-founder of crypto giant FTX behind bars.

☆ The SEC is bringing charges against Sam Bankman-Fried – here are the key takeaways from the filing
▼ + stars: | 2022-12-13 | by ( Pete Syme | ) www.businessinsider.com time to read: +6 min

The SEC has filed charges against FTX founder Sam Bankman-Fried. It alleges that he was "orchestrating a massive, years-long fraud" by misusing customer funds. It alleges that the FTX founder violated the Securities Act by misusing customer funds for his own benefit, and hiding debts from investors. It alleges Bankman-Fried "used Alameda as his personal piggy bank to buy luxury condominiums, support political campaigns, and make private investments, among other uses." Bankman-Fried misled investors by saying "assets are fine"On November 7 – just four days before FTX filed for bankruptcy – Bankman-Fried tweeted "FTX is fine.

☆ FTX owned $256 million of Bahamas real estate including 15 condos in the same building, and the government wants it back
▼ + stars: | 2022-12-13 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Bahamian regulators are trying to claim $256 million of real estate owned by FTX. Court documents filed on Monday show that FTX owns 35 properties, including 15 multi-million dollar condos in the same building. The most expensive property in the documents is worth $30 million, suggesting that the Bahamas is trying to claim Bankman-Fried's apartment. At One Cable Beach — another luxury community where FTX owns four properties — apartment plans on the same floor show a nearly 3,000 sq-ft home with a wraparound balcony. The company was only used to hold Bahamas real estate, and "has no assets here, no creditors here, and it never has done business here."

☆ I'm a 20-year-old Airbnb host who made $375,000 in revenue this year. Here's how I set up and scaled my properties.
▼ + stars: | 2022-12-08 | by ( Dorothy Cucci | ) www.businessinsider.com time to read: +8 min

Inayah McMillan is a 20-year-old Airbnb host with 11 listings in St. Louis, Missouri. This as-told-to essay is based on a conversation with Inayah McMillan, a 20-year-old Airbnb host with listings in St. Louis, Missouri. We've made more than $375,000 this year in revenue, and our best month yet was this past May, when we made $58,120 in revenue. If I could go back, I would have registered my Airbnb business as an LLC from the very start. Automation softwares are key to scaling"Beaming Carriage Home" in Central West End, St. Louis mAnother thing that sets me apart is having a private booking website.

☆ The easiest way to travel full time? See what a 28-year-old paid for an apartment on a cruise ship
▼ + stars: | 2022-12-07 | by ( Lucy Handley | ) www.cnbc.com time to read: +8 min

The MV Narrative is now under construction in Split, Croatia, from where it will set sail in 2025. The MV Narrative, the first cruise ship from operator Storylines, is scheduled to set sail from Croatia in 2025. A computer-generated image of the bathroom in a "Global" penthouse residence on board the MV Narrative cruise ship. A rendering of a residents' lounge on board the MV Narrative cruise ship, which is expected to carry around 1,000 passengers. A computer rendering of the living quarters of an "Envision" residence on board the MV Narrative cruise ship.

☆ SBF's Alameda racked up $55,000 Margaritaville debt by snapping up around 20 premium suites for workers, who took bus across tropical island to work, report says
▼ + stars: | 2022-12-07 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Insider earlier reported how Sam Bankman-Fried's Alameda owed $55,319 to Margaritaville. Employees told Bloomberg that the company used around 20 premium suites for Alameda staff. Staff at the 4-star hotel told Bloomberg that employees of FTX entities stayed there for several months this year, and were generally friendly. Employees told Bloomberg that the company had around 20 suites in One Particular Harbour – a high-end building designed for longer stays, next to the main resort. One resort employee told Bloomberg that they had plans to go out on the town with friends from FTX, but never had the chance after the firm went bankrupt.

☆ Sam Bankman-Fried says he 'misaccounted' $8 billion after FTX customers wired money to hedge fund Alameda and the cash was counted twice
▼ + stars: | 2022-12-02 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Sam Bankman-Fried showed a Bloomberg reporter a spreadsheet of company finances. The former billionaire – who now says he's down to his last $100,000 – showed Bloomberg's Zeke Faux a spreadsheet of FTX and Alameda's accounts. When the Bloomberg reporter asked Bankman-Fried if he had "misplaced $8 billion," the FTX founder replied: "Misaccounted." Then, FTX's internal accounting system counted this money twice by crediting it to both companies. Ray, who also handled Enron's bankruptcy, said FTX is full of "inexperienced" executives and demonstrates a "complete failure of corporate controls."

☆ ‘Emerald City Nights: Live at the Penthouse’ by Ahmad Jamal Review: A Minimalist Pianist Lets Loose
▼ + stars: | 2022-12-01 | by ( Will Friedwald | ) www.wsj.com time to read: +1 min

“Ahmad is one of my favorites,” he told Hentoff in a different interview. “I live until he makes another record. For some, it was a distinct echo of when Louis Armstrong had spoken of his own love for Guy Lombardo a few decades earlier. What Davis—and since then, several generations of jazz players and listeners—loved most about Mr. Jamal becomes crystal clear in two new sets of live recordings from a Seattle nightclub being released on the Jazz Detective label. “Emerald City Nights: Live at the Penthouse 1963-1964” and “Emerald City Nights: Live at the Penthouse 1965-1966” have both been produced by Zev Feldman .

☆ Sam Bankman-Fried says a $16 million Bahamian house in his parents' name was actually meant to be for FTX staff
▼ + stars: | 2022-12-01 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Sam Bankman-Fried says a Bahamian house in his parents' name was meant to be for FTX staff. "It was intended to be the company's property." "I don't know the details of the house for my parents," Bankman-Fried told The New York Times' Andrew Ross Sorkin at the publication's DealBook summit on Wednesday. It was intended to be the company's property. Bankman-Fried told Sorkin on Wednesday that there were "a lot of property purchases in the Bahamas."

☆ Sam Bankman-Fried says FTX had 'no wild parties' and most people didn't even drink alcohol, report says
▼ + stars: | 2022-12-01 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Sam Bankman-Fried said FTX had "no wild parties," at the New York Times' DealBook Summit. He said people would play board games at his parties and barely consumed any alcohol. He told reporter Andrew Sorkin that he only drank half a glass of alcohol a year. "There were no wild parties here," Bankman-Fried said. He clarified that he "didn't see any illegal drug use" in the office and that his parties were just "having people over for dinner."

☆ Sam Bankman-Fried didn't mention Alameda ex-CEO Caroline Ellison in his first video interview since FTX collapse
▼ + stars: | 2022-12-01 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Sam Bankman-Fried didn't mention Caroline Ellison by name during an interview with The New York Times. Ellison was formerly CEO of Bankman-Fried's hedge fund, Alameda Research. The former FTX CEO denied allegations that he knowingly committed fraud with Alameda Research. "I didn't knowingly conmingle funds," Bankman-Fried said during the interview. During an interview with New York Magazine, Bankman-Fried said he didn't know what was happening at Alameda over the last year.

☆ $90 Million Asking Price for Fisher Island Penthouse Would Be a Record Sale
▼ + stars: | 2022-11-26 | by ( Deborah Acosta | Photographs Eva Marie Uzcategui For The Wall Street Journal | ) www.wsj.com time to read: 1 min

Miami-based real-estate firm Related Group is asking $90 million for a penthouse atop the luxury condominium it is developing on nearby Fisher Island—a price that would smash all sales records for condos in the Miami area. Related is building the boutique condominium with roughly 50 units on the last remaining parcel of land on Fisher Island, considered one of the most exclusive ZIP Codes in the country and accessible only by ferry or other boats. Related acquired the 6.5-acre property in September for $122.6 million, with its partners Teddy Sagi, BH Group and Wanxiang America RE Group. The developers hope to break ground by the third quarter of 2023.

☆ Amazon workers strike in the US and 30 other countries on Black Friday in global 'Make Amazon Pay' campaign
▼ + stars: | 2022-11-25 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +4 min

Protests by Amazon workers and allies were planned in 30-plus countries on Black Friday. The Make Amazon Pay campaign comes as Amazon faces unionization efforts across the globe. The campaign is led by Make Amazon Pay, a coalition of 70 trade unions and organizations including Greenpeace, Oxfam, and Amazon Workers International. Protests were planned in more than 30 countries, including India, Germany, and Japan, according to Make Amazon Pay. Gig Workers Association (GigWA) in association with Amazon Warehouse workers and Hawkers Joint Action Committee participate in a protest in New Delhi, Friday, Nov. 25, 2022.

☆ She Wanted to Buy the Boston Penthouse—Mummy Head and All
▼ + stars: | 2022-11-24 | by ( Robyn A. Friedman | ) www.wsj.com time to read: +1 min

It turns out it was a hidden door that led to a closet, and inside was a brownish sarcophagus mummy head on a display table. I don’t know if it was a real mummy or not, but it sure looked real. I then showed the apartment to a buyer, and she hit the door and the mummy head appeared. I told my seller she really loved the apartment and wanted to put an offer in, but that she wanted the head. The condo was listed at $2.5 million, and we ended up selling it very close to ask, with the head.

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