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☆ See inside the 'dated' and 'overpriced' $35 million Gucci penthouse that has been on and off the market for 8 years
▼ + stars: | 2023-06-29 | by ( Jordan Pandy | ) www.businessinsider.com time to read: 1 min

A virtually staged living room. Michael Parks"It's overpriced," one broker told Curbed, saying Olympic Tower is "just a dated building." They continued, "It's well-run, but it's dated. They have a high number of staff, so it's high-touch, but for that price, people want something newer." The 1970s building has a gym for residents, but that doesn't come close to some of the over-the-top amenities that newer buildings offer.

Persons: Michael Parks, It's, doesn't

The lawsuit seeks at least $250 million in damages from Trump, his adult sons Donald Jr and Eric, the Trump Organization and others, and to stop the Trumps from running businesses in New York. He has also called James' case and two unrelated criminal indictments, where he has pleaded not guilty, part of a Democratic "witch hunt." It also said all claims against Ivanka Trump should be dismissed because they were filed too late, and because she was no longer with the Trump Organization at the relevant time. OCTOBER TRIALThe court returned the case to Justice Arthur Engoron of the state Supreme Court in Manhattan to determine which parts could proceed. The New York civil case is New York v Trump et al, New York State Supreme Court, Appellate Division, 1st Department, No.

Persons: Donald Trump's, Ivanka Trump, Letitia James, Trump, Donald Jr, Eric, Donald Trump, James, Arthur Engoron, Christopher Kise, Ivanka, Attorney Alvin Bragg, Jonathan Stempel, Luc Cohen, Conor Humphries, Jonathan Oatis, Alistair Bell Organizations: YORK, Trump, Trump Organization, Republican, Democratic, Division, Manhattan, Attorney, U.S, Department of, The New, New York, Appellate, 1st Department, Thomson Locations: York, Lago, Florida, Manhattan, New York, The New York, New

☆ Inside JPMorgan's handling of Jeffrey Epstein
▼ + stars: | 2023-06-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

This is the last week of 10 Things on Wall Street. But there remains a very large blight on JPMorgan's record that has come back into the spotlight this year: Jeffrey Epstein. Insider's Kaja Whitehouse and Emmalyse Brownstein have a breakdown of JPMorgan's long, drawn-out breakup with Epstein. Read more on JPMorgan's handling of Jeffrey Epstein. The Treasury secretary isn't particularly worried about the potential for more bank mergers this year, per The Wall Street Journal.

Persons: Dan DeFrancesco, I've, I'm, we've, Goldman Sachs, Jeffrey Epstein, Rick Friedman, hasn't, Kaja Whitehouse, Emmalyse, Epstein, Kaja, Read, Janet Yellen, isn't, Moody's, Francis Bacon, We've, Jeffrey Cane, Jack Sommers Organizations: Getty, JPMorgan, Dow, Norges Bank Investment Management, CNBC, Goldman, Street, Financial Times, Sequoia Capital, FDIC, Bloomberg, Dassault Falcon, LinkedIn Locations: NYC, Cambridge, Republic, dealmaking ., New York, London

☆ He spent 250,000 euros to renovate a penthouse in Barcelona. This is what it looks like
▼ + stars: | 2023-06-26 | by ( Audrey Wan | ) www.cnbc.com time to read: +4 min

Within five years of moving to Europe, businessman Douglas Loewe "fell in love" with Barcelona, he said. The main living area of Loewe's apartment in Barcelona, called Aribau 133 Sobre Atic. In total, Loewe said he spent about 250,000 euros on the renovation. Douglas LoeweLocated "around the corner" of the apartment is tapas restaurant Paco Meralgo, which is "a Barcelona institution," Loewe said. Douglas Loewe

Persons: Douglas Loewe, Loewe, —, Matthew Coe, Coe, …, Leon Rosen, Paco Meralgo, " Coe Organizations: Macquarie, VistaFutura Associates, Pace, Familia, Foreigners Locations: Europe, Barcelona, Manhattan, Rosen's, Tibidabo, Spain, U.S, Denver, Chicago, Miami, Barcelona's, Asia, Pacific

☆ See inside the Dassault Falcon 10X, a super-luxurious $75 million private jet nicknamed the 'penthouse of the skies'
▼ + stars: | 2023-06-23 | by ( Pete Syme | Taylor Rains | ) www.businessinsider.com time to read: 1 min

Dassault says the flight deck will use a digital flight control system derived from its military technology. And with its FalconEye combined vision system, the 10X "will be capable of operating in essentially zero ceiling/visibility conditions." © Dassault Aviation - V. Almansa

Persons: Almansa Organizations: Dassault, Dassault Aviation

At the same time, the property price surge and demand for the ultra-high-end segment is stirring memories of old excesses. In 2008, the global financial crisis hit Dubai hard, leading to a flight of capital and people, a crash in property prices and highly leveraged flagship companies known as government-related entities (GREs) struggling to repay debts. Dubai set up a Debt Management Office in 2022, has repaid or restructured some outstanding debt, and announced plans to list government stakes in 10 companies to raise capital and deepen financial markets. 'GLOBAL SAFE HAVEN'The United Arab Emirates' commercial centre, Dubai has shovelled resources into social and business reforms and sectors like digital technology. Average property prices rose 12.8% in Q1, with villa prices up almost 15%, according to property research firm CBRE.

Persons: Knight Frank, Nasser Al Shaikh, GREs, Shaikh, Justin Alexander, Betterhomes, Richard Waind, Philippe Zuber, Beyonce, Rachna Uppal, Yousef Saba, Lisa Barrington, William Maclean Organizations: Reuters, Khalij, GlobalSource Partners, Dubai Media Office, Management, HAVEN, United Arab Emirates, Villa, Dubai Inc, Emirates, Kerzner, Thomson Locations: Ukraine, DUBAI, Dubai, glitzy, Property, Jebel Ali, Abu Dhabi, Gulf, India, Saudi Arabia, UAE

☆ A Tadao Ando-Designed Penthouse in Manhattan Asks $22 Million
▼ + stars: | 2023-06-10 | by ( Katherine Clarke | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/a-tadao-ando-designed-penthouse-in-manhattan-asks-22-million-9afa4d55

Persons: Dow Jones, ando Locations: manhattan

☆ A real-estate agent might have bought Ken Griffin's cell phone number from a former FBI employee to facilitate the $240 million sale of a New York City condo
▼ + stars: | 2023-06-10 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +4 min

In 2019, real-estate agents and brothers Tal and Oren Alexander sold a $240 million condo. That's the Alexander brothers' unofficial mantra. In 2015, Griffin dropped $46.4 million on an abstract painting by Gerhard Richter, putting him in the Alexanders' crosshairs. Tal wouldn't reveal how he acquired Griffin's cell phone number, Clarke noted, but one of the writer's sources said he bought it from a former FBI agent. But Griffin wasn't interested in the penthouse Tal had in mind for him.

Persons: Tal, Oren Alexander, Ken Griffin, —, Alexander, Katherine Clarke, Clarke, it's Tal, Oren —, Oren, Douglas Elliman, Griffin, Gerhard Richter, Tal wouldn't, Griffin wasn't, — Griffin, Shlomy Alexander, They've, Kim Kardashian, Kanye West, Leon Black, Tommy Hilfiger Organizations: Service, Wimbledon, Rollers, Penguin Random, Citadel, Old, FBI, Alexander Team Locations: Aspen, Saudi, United States, Central Park, Miami, Miami Beach

☆ LA Tech Week, the summer sequel, is more polished but some of the sizzle is gone
▼ + stars: | 2023-06-10 | by ( Ben Bergman | ) www.businessinsider.com time to read: +4 min

Unlike most tech conferences where tickets cost thousands, Tech Week is mostly free and open to anyone. If last year's hastily arranged LA Tech Week served as venture firm Andreessen Horowitz's LA coming out party, this year's version – taking place just 10 months later – served as the more polished but lower energy summer sequel. Unlike most tech conferences where tickets cost thousands of dollars, Tech Week, which concludes Sunday, is mostly free and open for anyone to attend or even host their own event. The LA Tech Week kickoff party in Pacific Palisades hosted by Crosscut and 75 & Sunny. Mostly gone unsaid was the dismal state of the tech market, which has worsened considerably since last year's Tech Week; Down rounds and layoffs do not make for great cocktail conversation.

Persons: Andreessen, –, Drew Glover, Glover, Ben Bergman, we'll, Gabe Greenbaum, unsaid, Jeremy Milken, Sophia Amoruso, Nasty, Amoruso Organizations: Tech, LA Tech, Santa, Fiat Ventures, Crosscut, B, Watertower Ventures, Trust Fund, Trust Locations: Santa Monica, marveling, St, LA, Hollywood, Venice, Pacific Palisades, Venice Mexican

☆ Tornados! Fire! Ice Storms! These Real-Estate Agents Risk Life and Limb for the Sale
▼ + stars: | 2023-06-07 | by ( Robyn A. Friedman | ) www.wsj.com time to read: +3 min

Illustration: A Richard AllenWhat is the worst weather you have ever had to contend with while showing a home? I see wall clouds all the time, but for those not familiar with them, it’s a giant tower of clouds, and it’s very dark and ominous-looking, so it can be scary. My buyer, who claimed to have been some sort of weather watcher, started freaking out, saying things like, “That’s a wall cloud! I wouldn’t say this was the worst weather, but it was definitely the weirdest. The sky was red and black, and all we could see was a small circle of light in the sky.

Persons: Richard Allen, Justin Fox, Max, —, hysterically, Victoria Rong Kennedy Organizations: Cottage, Corcoran Group Locations: Cottage Grove, Minn, New York, N.Y, Manhattan

☆ Beyoncé and Jay-Z Join the $100 Million Home Club
▼ + stars: | 2023-06-01 | by ( Debra Kamin | ) www.nytimes.com time to read: +1 min

Beyoncé and Jay-Z, no strangers to flashy real estate deals, reportedly upgraded from their $88 million mansion in Bel Air, Calif., to a $200 million Malibu property last month, officially erasing the line between going big and going home. The sale marks the most expensive residential real estate deal in California history — but not the most expensive in American history. That would be the $238 million sale in January 2019 of an unfinished penthouse on Central Park South, in Manhattan, to the billionaire hedge fund tycoon Kenneth C. Griffin. Still, California can claim 10 of the 20 most expensive property sales ever in the United States, according to data compiled by Jonathan Miller of Miller Samuel appraisals. Beyoncé and Jay-Z, who have bought and sold multimillion-dollar homes in Miami, New Orleans and the Hamptons, are now in a rarefied club of celebrities who own properties worth $100 million or more.

Persons: Beyoncé, Tadao Ando, William Bell Jr, Kurt Rappaport, Rappaport, Kenneth C, Griffin, Jonathan Miller, Miller Samuel Organizations: Calif, Malibu, TMZ, Westside Estate Agency, Park, Hamptons Locations: Bel Air, California, Manhattan, , California, United States, New York, Florida, Connecticut, Miami , New Orleans

☆ Is indicted Chinese billionaire tycoon Guo Wengui secretly bankrolling George Santos's bail?
▼ + stars: | 2023-06-01 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

In recent months, he's become supportive of exiled Chinese tycoon and Republican patron Guo Wengui. There's a very strong chance that one person putting up the money — directly or indirectly — is the jailed exiled Chinese billionaire tycoon Guo Wengui. Even Ghislaine Maxwell and SBF didn't get this kind of secrecySantos certainly doesn't want us to know who these bond sponsors are. (An affinity for using multiple names, which are variations of each other, is something Guo shares with George Anthony Devolder Santos.) So, is Guo one of Santos's bail sponsors?

Persons: George Santos's, you'll, Santos, he's, Guo Wengui, —, George Santos, Ghislaine Maxwell, SBF didn't, Joanna Seybert, Jeremy A, Chase, Alexandra Settelmayer, Davis Wright Tremaine, Lokman Vural, Sam Bankman, Larry Kramer, Andreas Paepcke —, Lewis Kaplan, Jeffrey Epstein, Epstein, Maxwell, Guo, Steve Bannon, Forbes, Miles Kwok, Carlo Allegri, Bannon, Miles Guo, George Anthony Devolder Santos, Cait Corrigan, Santos didn't, Joe Murray, Guo didn't, Santos doesn't Organizations: Service, Rep, Republican, New York Times, US, Federal, Anadolu Agency, Getty, Stanford University, REUTERS, New Federal, Chinese Communist Party, Law Foundation, Law Society, Santos, Justice Department Locations: New York, Long, Santos, Washington, DC, Central Islip, Central Islip , New York, Manhattan, United States, China, New Federal State of China, New Federal State

☆ The world's richest man's plan to build a luxury hotel on LA's most famous shopping street was torpedoed after residents voted against it
▼ + stars: | 2023-05-30 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Beverly Hills residents voted against Bernard Arnault's plan to build a luxury hotel on Rodeo Drive. Plans for the Rodeo Drive hotel included 115 rooms with a ninth-story penthouse, private club, spa, shops, and three restaurants. A "Yes on B and C" campaign sign is displayed at the site of the proposed Cheval Blanc Hotel on Rodeo Drive. Rodeo Drive is already home to a number of Arnault's businesses, including a Dior store. Other luxury fashion brands including Prada, Gucci, Yves San Laurent, and Valentino also have stores on Rodeo Drive.

☆ Russia is selling Zelenskyy's penthouse apartment in Crimea to fund its war in Ukraine
▼ + stars: | 2023-05-26 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Russia is selling President Volodymyr Zelenskyy's apartment in Crimea to fund its war in Ukraine. Russian state media said the sale would go towards Russia's so-called "special military operation." The sale was announced Wednesday, according to Russian state media agency TASS. The sale of Zelenskyy's apartment will go towards funding Russia's war in Ukraine — or "special military operation," as Russian media and officials have repeatedly referred to it. Russian media estimated the apartment to be worth about $800,000.

☆ Billionaire Ray Dalio's family built a huge extension on the roof of their NYC building. Now, a neighbor is worried his entire apartment will collapse — he's suing.
▼ + stars: | 2023-05-24 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Ray Dalio's neighbor is suing over a renovation project at his family's SoHo residence. The Dalio family is building a penthouse on top of its sixth-floor apartment, the NYT reported. The Dalios' neighbor said in a lawsuit that the project could cause his nearby apartment to collapse. The neighbor says he's worried his own apartment could collapse, the New York Times reports. During the pandemic, the Dalio family began construction on a penthouse on top of their sixth-floor SoHo apartment, the Times reported.

☆ Sam Bankman-Fried's trial involves over 6 million pages of evidence including Caroline Ellison's diary, report says
▼ + stars: | 2023-05-24 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Sam Bankman-Fried's trial has over six million pages of evidence, per the NYT. The diary of Caroline Ellison, former Almada CEO and on-off girlfriend of SBF, is also evidence. Sam Bankman-Fried's trial involves over six million pages of evidence, making it one of the biggest ever cases of white-collar securities fraud in Manhattan, The New York Times reported. The FTX cofounder has pleaded not guilty to 13 criminal counts including bank fraud, bribery, and campaign finance violations. According to The Times, 2.5 million pages of the evidence come from Bankman-Fried's phones, laptops, and Google accounts.

☆ Beyoncé and Jay-Z smash California real estate records with their purchase of a $200 million concrete compound overlooking the ocean
▼ + stars: | 2023-05-21 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

The $200 million mansion was created by architect Tadao Ando, who also designed a home for Kanye West. The concrete compound comes with a 40,000 square foot residence and pool just steps from the beach. The concrete compound features an infinity pool just steps from the Pacific ocean. A sky view of 27712 Pacific Coast Highway in Malibu, purchased by Beyonce and Jay-Z in May of 2023 for $200 million. The 40,000 square foot residence was designed by iconic Japanese architect Tadao Ando.

☆ Take a look inside a $14 million penthouse in San Francisco's tallest residential building, which was sinking and tilting for years before it was fixed
▼ + stars: | 2023-05-21 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

A penthouse on the 60th floor of San Francisco's Millennium Tower has hit the market at $14 million. The building was famously sinking and tilting for years before construction began to fix the issue. The condo isn't located in just any building: It's in Millennium Tower. The Tower is known for being the city's tallest residential building, yes, but it's also famous for the fact that it was sinking and tilting for several years before construction began to remedy the issues. After years of structural recorrection, the building is now fully anchored to bedrock, according to Sotheby's International Realty, which is listing the property.

☆ 432 Park Penthouse Gets $39 Million Price Cut
▼ + stars: | 2023-05-17 | by ( Katherine Clarke | ) www.wsj.com time to read: 1 min

☆ Penthouse Atop San Francisco’s Millennium Tower Asks $14 Million
▼ + stars: | 2023-05-15 | 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. At Millennium Tower, the San Francisco condo building beset by reports that it is sinking, a penthouse apartment is coming on the market for $14 million.

☆ Hotels Roll Out the Red Carpet for Pets
▼ + stars: | 2023-05-15 | by ( Stephanie Rosenbloom | ) www.nytimes.com time to read: +3 min

As anyone who travels with a pet knows, sometimes questions or concerns about their health or behavior arise while you’re on the road. Guests can gain access to the service through a phone help line and a website with a live-chat feature and get advice and answers to questions about pet health, wellness and behavior. Today, nearly 85 percent of U.S. Hilton properties are pet‑friendly. Check individual hotels for programs, policies and pricing. Whether you choose a penthouse in Barcelona or a roomy log cabin in Waynesville, N.C., there are plenty of high-end, pet-friendly homes, many for less than the cost of a hotel room.

☆ Roman and Kendall Roy’s ‘Succession’ Pads Hit the Market — for Real
▼ + stars: | 2023-05-09 | by ( Ronda Kaysen | ) www.nytimes.com time to read: +1 min

If Roman Roy were a real person, he wouldn’t live on the Upper West Side. So said a real-life real estate broker recently. Fans of the show were there with Roman (played by Kieran Culkin) during a recent episode when he solemnly brushed his teeth the morning after a devastating plot twist. Daniella G. Schlisser, the real-life associate broker with Brown Harris Stevens and a listing agent for the apartment, said that if Roman were a real person, she would redirect him south, probably to TriBeCa, where he might receiver a warmer welcome. Given his winning personality, she’d advise him: “No one’s going to talk to you here — you won’t make any friends” in the family-oriented Upper West Side.

☆ Manhattan Penthouse Tied to the Rothschild Family Lists for $30 Million
▼ + stars: | 2023-05-08 | 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. A duplex penthouse in Midtown Manhattan is coming on the market for $30 million.

☆ Manhattan Penthouse Tied To the Rothschild Family Lists for $30 Million
▼ + stars: | 2023-05-05 | by ( E.B. Solomont | ) www.wsj.com time to read: 1 min

☆ Wells Fargo is pushing for quantity over quality in its private bank
▼ + stars: | 2023-05-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Which brings us to a fantastic story about Wells Fargo's decision to reorganize how it serves its ultra-rich clients. And while many understood some changes were necessary, nearly everyone agreed the bank didn't go about it the right way. Read more about Wells Fargo's chaotic reorganization of its private bank. It's the latest move in what has been an active 12 months for the bank's tech division. The accounting firm had signed off on financial statements from Silicon Valley Bank, Signature Bank, and First Republic, the Financial Times reports.

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