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Search resuls for: "Elliman"


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☆ Manhattan apartment sales declined 18% in third quarter, as rates rose and markets fell
  + stars: | 2022-10-04 | by ( Robert Frank | ) www.cnbc.com   time to read: +3 min
Sales in Manhattan last declined in the fourth quarter of 2020, when they fell by 21%. While prices in the Big Apple remain high − with the average Manhattan apartment price rising 4% over the past year to $1.96 million − price increases are slowing and the inventory of unsold homes is starting to rise. Manhattan apartment sales fell 18% in the third quarter, as rising mortgage rates and declining stock markets put the brakes on New York's real estate comeback. "The real sellers are meeting the buyers," said Toni Haber of Compass. "The full impact on sales and prices won't be known for at least another quarter," according to a report from Brown Harris Stevens.
☆ London-Based Businessman Pays $50 Million Cash for Gilded Age Mansion in New York
  + stars: | 2022-09-28 | 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. One of New York City’s Gilded Age mansions has sold for the first time in 76 years in a $50 million, all-cash deal, said listing agent Tristan Harper of Douglas Elliman .
☆ $100 million is the new frontier for South Florida luxury homes, says agent Dina Goldentayer, who sold $750 million in real estate last year via chauffeured car, helicopter, and golf cart
  + stars: | 2022-09-27 | by ( Zoe Rosenberg | ) www.businessinsider.com   time to read: +4 min
Griffin's $100 million buy is more than double the 2019 record for Miami's priciest single-family home. A Golden Beach compound is on the market for $100 million — and is being marketed as a gut job. "Now $100 million seems to be the threshold that captures the public's imagination. While Miami's ultraluxury market thrives, its less-pricey sectors are beginning to normalize, Miller said. Douglas Elliman's South Florida market reports, which Miller compiles, point to a slowdown in new signed contracts, but that's in comparison with the supercharged market of 2021.
☆ Inside the $250 million penthouse on 'Billionaires' Row'
  + stars: | 2022-09-23 | by ( Robert Frank | ) www.cnbc.com   time to read: +4 min
The three-story mega-home inside Central Park Tower, which spans more than 17,500 square feet, is the country's most expensive listing. The most expensive sale of the year in Manhattan so far is a $74 million penthouse of the new Aman New York condo. Some brokers say the $250 million asking price for Central Park Tower penthouse is unrealistic. Central Park Tower was built by Extell Development, the developer behind several of Manhattan's new super-towers. The Grand Salon at The Penthouse at Central Park Tower Source: Evan Joseph | Central Park TowerThe home has the highest terrace in the world, a glass-rimmed platform soaring 1,460 feet above Manhattan.
☆ An exclusive Miami island is getting a slew of $30 million-plus condos — and you have to be invited to buy them
  + stars: | 2022-09-22 | by ( Zoe Rosenberg | ) www.businessinsider.com   time to read: +3 min
Related Group and its partners have closed on the last developable parcel of land on Fisher Island. Fisher Island, a seven-minute ferry ride south of Miami Beach that sits at the intersection of Biscayne Bay and the Atlantic Ocean, has long been the stomping ground of the elite. Wealthy people can be discreet about their mansions, but we know that Oprah, Julia Roberts, and Mel Brooks are former Fisher Island residents. The enclave has also won some superlatives: Bloomberg determined Fisher Island was America's wealthiest ZIP code in April 2018, with an average income of $2.5 million in 2015. Fisher Island made headlines in 2020 for nabbing COVID-19 antibody tests for all the residents of its about 800 homes in the early days of the pandemic.
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