Luxist http://www.luxist.com Luxist http://www.blogsmithmedia.com/%SiteURL%/media/feedlogo.gif Luxist http://www.luxist.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Resort At Singer Island Sold, Rebranded]]>http://www.luxist.com/2009/11/13/resort-at-singer-island-sold-rebranded/http://www.luxist.com/2009/11/13/resort-at-singer-island-sold-rebranded/http://www.luxist.com/2009/11/13/resort-at-singer-island-sold-rebranded/#commentsFiled under: ,


Way back in 2006 I wrote about the plans for The Resort at Singer Island, a Starwood Hotels project. Now the Florida resort will no longer be a Starwood property. The Resort at Singer Island was sold to Urgo Hotels recently for $7.1 million. A presss release states that condos in this oceanfront tower were sold 78 percent under opening day prices in a bulk sale. The operator of the 239-suite hotel was changed from Starwood to Marriott. The new name is now officially the Palm Beach Marriott Singer Island Beach Resort and Spa. The hotel is on six acres of beachfront with 300-foot frontage on the Atlantic Ocean in Palm Beach County.

WCI Communities, the owner of the property and a luxury homebuilder based in Bonita Springs, filed Chapter 11 bankruptcy protection over a year ago. It announced on September 3, 2009 that it emerged from Chapter 11 as a newly reorganized, private company, eliminating more than $2 billion in debt and liabilities. It spent $210 million to build the oceanfront Resort at Singer Island, a project that comprises 66 condo residences, 239 hotel/condos, a restaurant and a spa. Urgo Hotels paid $4 million for four three-bedroom residence condos, $2.1 million for 14 hotel/condos and $1 million for the hotel operating agreement, the spa, the restaurant and the common areas.

LuxistResort At Singer Island Sold, Rebranded originally appeared on Luxist on Fri, 13 Nov 2009 08:01:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>floridaflorida real estate developmentFloridaRealEstateDevelopmentresort at singer islandResortAtSingerIslandurgo hotelsUrgoHotelsFri, 13 Nov 2009 08:01:00 EST<![CDATA[Remaining Madoff Homes Already Discounted]]>http://www.luxist.com/2009/11/12/remaining-madoff-homes-already-discounted/http://www.luxist.com/2009/11/12/remaining-madoff-homes-already-discounted/http://www.luxist.com/2009/11/12/remaining-madoff-homes-already-discounted/#commentsFiled under:

Bernie Madoff's last home may have sold strong, but it looks like the momentum is fading. His home in the Hamptons beat the listing price and ultimately moved for more than $9.4 million. Unfortunately for his victims, interest in his Manhattan penthouse and Palm Beach estate isn't as strong. The prices for both have been cut, as the Ponzi schemer moves from news to history. Both homes have been on the market for only two months.

The Manhattan home, on the Upper East Side, offers 4,000 square feet which the broker, Sotheby's International Realty, says is "perched atop a distinguished white-glove prewar cooperative." Originally offered at $9.9 million, the asking price has been slashed by $1 million. So, if you're looking for some new digs in the city, this should be perched atop your list. A 10 percent price drop after only two months in the game means that you could probably work the price down a little bit further. If you were a Madoff investor, think of it as recouping some of what was so wrongly taken from you.


The situation in Palm Beach, Florida isn't much better. The discount is only 7 percent, with the price plunging from $8.49 million to $7.9 million according to the Corcoran Group, which is handling the sale. This home is billed as "a return to classic Florida island living ... when Palm Beach was a less manicured tropical paradise." What does that mean? Does classical Florida island living have anything to do with defrauding the neighbors?

Madoff, now a resident of Butner, North Carolina, believed that the Manhattan apartment was worth only $7 million. He pegged the Palm Beach residence at $11 million.

When both properties move, the proceeds will go to Madoff's victims. Of the $65 million, roughly, that he took, $1.4 billion is said to have been recovered. Even when compared to the investor losses identified, $21.2 billion, it's but a drop in the bucket. The auction scheduled for Saturday may help a little bit, with Bernie's Mets jacket and Ruth's golf clubs going under the gavel.

Gallery: Bernie Madoff In New York City


LuxistRemaining Madoff Homes Already Discounted originally appeared on Luxist on Thu, 12 Nov 2009 05:02:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>bernard madoffBernardMadoffbernie madoffBernieMadoffbutnerfloridahamptonshamptons real estateHamptonsRealEstatemadoffmadoffponzischememadoffscandalmanhattanmanhattan real estateManhattanRealEstatenew yorknew york new yorkNewYorkNewYorkNewYorknorth carolinaNorthCarolinapalm beachPalmBeachponzi schemePonziSchemereal estateRealEstatesothebys international realtySothebysInternationalRealtyupper east sideupper east side apartmentUpperEastSideUpperEastSideApartmentThu, 12 Nov 2009 05:02:00 EST<![CDATA[One&Only Resorts to Open on Palm Island in Dubai]]>http://www.luxist.com/2009/11/10/oneandonly-resorts-to-open-on-palm-island-in-dubai/http://www.luxist.com/2009/11/10/oneandonly-resorts-to-open-on-palm-island-in-dubai/http://www.luxist.com/2009/11/10/oneandonly-resorts-to-open-on-palm-island-in-dubai/#commentsFiled under: ,

One&Only Resorts, the luxury resort company known for its stunning properties in some of the most beautiful locales in the world, will open its second property in Dubai. One & Only The Palm will open on Palm Island in October 2010. The property is being developed by His Highness Sheikh Bin Saeed Al Makthoum (right) and Sol Kerzner, (left) CEO and Chairman of Kerzner International, parent company of One&Only Resorts.

The property will have a striking location on the peninsula of Palm Island crescent with spectacular views of new Dubai's skyline. Resort guests will be able to indulge in an exclusive island feel getaway or choose to be whisked away by the resort's private water taxis or limousine to Dubai's wide array of activities, from golf at award-winning courses to world-class shopping, dining and entertainment at the most sought-after of venues.

Set in some of the most beautiful locales in the world, One&Only Resorts offer a distinctive style and personality borne of its local culture. Other locations include One&Only Reethi Rah, Maldives; One&Only Le Saint Géran in Mauritius; One&Only Royal Mirage in Dubai; One&Only Ocean Club in The Bahamas and One&Only Palmilla in Los Cabos, Mexico. The One&Only Cape Town, South Africa opened on April 3, 2009.

"We believe the government's continuous commitment to developing tourism in the region combined with all the destination has to offer, its constant innovation and its easy international access make this the perfect place for us to expand the One&Only portfolio," says Kerzner.

Located at The Palm Jumeirah, the resort's external architecture will blend Moorish and Andalucian influences, while the interiors will display contemporary, chic living environments, promoting a sense of understated elegance with privacy being of the utmost importance. Surrounded by lush landscaped gardens, the resort will provide an oasis of tranquility amid cosmopolitan Dubai.

Guest accommodations at this intimate resort will be composed of 35 suites and apartments within the grand Manor House, six independent low-rise mansions with eight to ten suites and exclusive two and three bedroom beachfront villas. Stunning and spacious with every modern amenity, guest rooms and suites will have a stylish modern design with an elegant palate of rich fabrics in hues of turquoise and purple. Sumptuous bathrooms will feature over-sized, freestanding bath tubs and rain showers with the finest inlaid marble from Italy and Spain.

All accommodations will offer outdoor terraces or private pool. Guests staying in suites, apartments and villas will also be indulged by a dedicated butler, 24 hours a day. The resort will also feature private cabanas by an 850 square meter pool, a private beach and a freestanding 2,400 square meters spa, fitness and beauty complex. The One&Only Spa will be set amidst outdoor gardens and will offer a fitness center featuring state-of-the-art equipment by Technogym and Kinesis studio, tennis court and a beauty salon.

The resort's Marina Restaurant will offer al fresco dining adjacent to the marina. Guests can reach the restaurant by private yacht or One&Only water taxis.

LuxistOne&Only Resorts to Open on Palm Island in Dubai originally appeared on Luxist on Tue, 10 Nov 2009 09:01:00 EST. Please see our terms for use of feeds.

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If you had the occasion to watch the inaugural Abu Dhabi Grand Prix which capped the end of the 2009 Formula One World Championship this past weekend, you may have gotten a glimpse of a giant red structure with a huge Ferrari emblem on the roof. What you're looking at is Ferrari World, the first Ferrari theme park, being built on the man-made Yas Island resort in Abu Dhabi.

The complex stands as the largest indoor park in the world, encompassing some 2 million square feet under a giant 150-foot-high red steel roof sporting the largest Ferrari logo in the world. Out of the top protrudes a 200-foot g-force drop tower, accompanying the world's fastest roller coaster, a flume ride simulating a Ferrari engine and kart tracks among its 20+ attractions. Of course there'll be plenty of restaurants and shopping opportunities that go along with any theme park as well. This one is set to open its doors some time next year as part of an ongoing initiative to turn the United Arab Emirates into a leading tourist destination.

Gallery: Ferrari World Abu Dhabi

LuxistFerrari World Prepares for Grand Opening in Abu Dhabi Next Year originally appeared on Luxist on Tue, 03 Nov 2009 08:01:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>abu dhabiAbuDhabiemiratesferrariferrari worldFerrariWorldtheme parkThemeParkuaeunited arab emiratesUnitedArabEmiratesyasyas islandYasIslandTue, 03 Nov 2009 08:01:00 EST<![CDATA[Just How Many Condo Projects Are Unfilled And Unfinished In New York City?]]>http://www.luxist.com/2009/10/29/just-how-many-condo-projects-are-unfilled-and-unfinished-in-new/http://www.luxist.com/2009/10/29/just-how-many-condo-projects-are-unfilled-and-unfinished-in-new/http://www.luxist.com/2009/10/29/just-how-many-condo-projects-are-unfilled-and-unfinished-in-new/#commentsFiled under:

new york city
Just how bad is the condo situation in New York? Right to the City-New York, an alliance of grassroots community organizations, has identified a total of 601 condominium buildings in a half dozen neighborhoods in New York City that have either stopped construction or have a great deal of vacant units. That number is a lot higher than the 454 recorded by the Department of Buildings for the city as a whole.

Members of Right to the City went through six neighborhoods in Manhattan and Brooklyn finding buildings that aren't being fully utilized in order to show the city how big the problem is. Over the summer the city began a $20 million pilot program called the Housing Asset Renewal Program in order to turn residential buildings into as many as 400 affordable housing units. Among the buildings that Right to the City identified are Be@Schermerhorn, a 246-unit luxury condo, with a vacancy rate of more than 93 percent, and Forté, a 108-unit luxury condo, with a vacancy rate of more than 60 percent. Both buildings have been on the market for at least a year and Forté was recently taken over by its lender Eurohypo bank.

As Crains New York points out, it's not quite clear how many developers might want to participate in the Housing Asset Renewal Program in order to help finish their stalled projects. Many may prefer to simply wait out the current economic doldrums and begin building again when the market picks up.

LuxistJust How Many Condo Projects Are Unfilled And Unfinished In New York City? originally appeared on Luxist on Thu, 29 Oct 2009 00:01:00 EST. Please see our terms for use of feeds.

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Luxury homes and condos continue to hit the auction block. In the Dallas area, homes and condos which once were priced over $1 million will be available at bargain prices during an auction on November 7. Fifteen luxury homes in McKinney's Craig Ranch area and 29 high-end condominiums in Dallas' Preston Hollow neighborhood will be auctioned by the Kennedy Wilson Auction Group. Bidding on the homes will start at $125,000 to $370,000 and starting bids for the condos in Park Hollow, in the Preston Hollow area, will range from $215,000 to $495,000. The auction will take place at the at the Hilton Anatole in Dallas and Kennedy Wilson is holding informational meetings in advance of the event.

LuxistLuxury Homes And Condos Up For Auction In Dallas originally appeared on Luxist on Sat, 24 Oct 2009 08:01:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>auctionscondo auctionCondoAuctiondallasluxury home auctionLuxuryHomeAuctionreal estate auctionsRealEstateAuctionstexasSat, 24 Oct 2009 08:01:00 EST<![CDATA[$20 Million Renovation To Add Retail Space To John Hancock Tower]]>http://www.luxist.com/2009/10/20/20-million-renovation-to-add-retail-space-to-john-hancock-tower/http://www.luxist.com/2009/10/20/20-million-renovation-to-add-retail-space-to-john-hancock-tower/http://www.luxist.com/2009/10/20/20-million-renovation-to-add-retail-space-to-john-hancock-tower/#commentsFiled under:

Earlier this year, Normandy Real Estate Partners and Five Mile Capital Partners picked up Boston's tallest building Hancock Place, better known as the John Hancock Tower, for nearly $661 million (a bit of a steal considering it sold for $1.3 billion in 2006). Now the partners have announced some plans for the glass skyscraper. The owners have obtained city approval to go forward with a $20 million renovation inside the building. The proposal will fill 90,000 square feet of unused space on the high-rise's ground floor and lower levels with three restaurants, shops and underground parking. The Boston Herald reports that a two-level 10,200-square-foot eatery will be located along the Stuart Street side of the tower. A second cafe is planned for the St. James Street side of the tower and 1,960 square feet of space for a small restaurant or retail tenant with another 8,800 square feet of retail is on the lower level. No word yet on what businesses might be potential tenants.

Luxist$20 Million Renovation To Add Retail Space To John Hancock Tower originally appeared on Luxist on Tue, 20 Oct 2009 23:01:00 EST. Please see our terms for use of feeds.

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If you were waiting for the bottom, it looks like you just missed it. Home prices in the Hamptons are on their way back up, rising 4.7 percent in the third quarter. Houses priced in the range of $2 million to $5 million led the charge. In fact, the number of properties clocking in at more than $2 million (including the former getaway of Ponzi schemer Bernie Madoff, which went for $9.41 million) jumped 44 percent -- 46 sales occurred from July through September this year. And, the median price for this part of Long Island increased from $860,000 last year to $900,000 this year.

The action appears to have been driven by buyers who'd normally look for something close to $10 million ... who began to see what they could get for a mere 20 percent of that price. When opportunity knocks ... you know the drill.

Even with this bit of good news, the number of homes sold last quarter fell 2.3 percent, with those fetching less than $500,000 posting the largest decline (22 percent). So, all isn't rosy in the land of the wealthy, unless of course, you're still wealthy.

LuxistHamptons Homes Hot Again originally appeared on Luxist on Mon, 19 Oct 2009 20:02:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>bernard madoffBernardMadoffbernie madoffBernieMadoffhamptonshamptons real estateHamptonsRealEstatelong islandLongIslandluxury real estateLuxuryRealEstatemadoffmadoffscandalnew yorkNewYorkreal estateRealEstateMon, 19 Oct 2009 20:02:00 EST<![CDATA[NYC, LA Top List of Most Expensive U.S. Cities]]>http://www.luxist.com/2009/10/18/nyc-la-top-list-of-most-expensive-u-s-cities/http://www.luxist.com/2009/10/18/nyc-la-top-list-of-most-expensive-u-s-cities/http://www.luxist.com/2009/10/18/nyc-la-top-list-of-most-expensive-u-s-cities/#commentsFiled under: ,

The list of the most expensive cities in the United States is now out, and unsurprisingly, New York has taken the top spot, with a cost of living that's double its closest follower. Of course, the financial crisis has put a bit of pressure on real estate prices and the cost of goods all over the country, but there are still some places that just cost a fortune.

New York: a two-bedroom luxury apartment (unfurnished) now costs a mere $4,300, off $200 from last year. And, there are other signs that the most expensive city is becoming less expensive, including the shuttering of Café des Artistes and the opening of our first J.C. Penney (ugh).

Los Angeles: this is where you go if you can afford only half the cost of living in New York. Unlike the most expensive city in the country, it makes sense to have a car out there, but get a nice one: you'll be spending a lot of time in it. LA has some of the longest commutes in the country.

Washington, D.C.: in this part of the country, take advantage of a 3.8 percent unemployment rate for the metro area. That's a hell of a lot better than the nationwide 9.8 percent (expected to break 10 percent early next year).

.

Continue reading NYC, LA Top List of Most Expensive U.S. Cities

LuxistNYC, LA Top List of Most Expensive U.S. Cities originally appeared on Luxist on Sun, 18 Oct 2009 16:01:00 EST. Please see our terms for use of feeds.

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Chicago's 82-story Aqua Tower received an interesting award recently. Jeanne Gang, principle and founder of Studio Gang Architects earned a PETA Proggy award for using bird-deflecting elements in the residential building and hotel. The undulating exterior and etched glass help prevent birds from flying directly into windows. It's a pretty neat building for people too, those curves make for some distinctive balconies. The building contains 55,000 square feet of retail and office space as well as hotel rooms, condo units and apartments.

Right now there are about a dozen units available for sale in the building as well as nine luxury Parkhomes available for purchase starting November 1,2009. The Parkhomes are two and three bedroom homes located near the base of Aqua in Lakeshore East, facing the Lakeshore East park. They are 3000 square feet and start at $1.6 to $1.8 million. The most expensive unit in Aqua is the Aqua penthouse, a four-bedroom single-floor residence with views of the city and Lake Michigan. It is priced at $1,988,832. In the building two bedroom units start in the $700,000s and the three bedrooms start at $1 million. Units are also available for rent.

Continue reading Aqua Chicago, Great For Birds And People

LuxistAqua Chicago, Great For Birds And People originally appeared on Luxist on Sun, 18 Oct 2009 08:02:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>aquaaqua towerAquaTowerchicagocondominiumspenthouseSun, 18 Oct 2009 08:02:00 EST<![CDATA[Tilda Versus Trump Over Scottish Golf Course]]>http://www.luxist.com/2009/10/17/tilda-versus-trump-over-scottish-golf-course/http://www.luxist.com/2009/10/17/tilda-versus-trump-over-scottish-golf-course/http://www.luxist.com/2009/10/17/tilda-versus-trump-over-scottish-golf-course/#commentsFiled under:


It's a ginger battle royale. Oscar-winning actress Tilda Swinton has come out in support of the campaign to stop Donald Trump from building his billion-dollar golf resort near Aberdeenshire, Scotland. Swinton lent her star power in favor of the four hold-outs who have refused to surrender their land to Trump's ambition. She compared the government attempt to push the landowners into selling their land to the notorious "Highland Clearances" of the 18th and 19th centuries when many tenants were pushed off their ancestral lands in favor of rich landowners.

As part of a statement quoted in Page Six, Trump claimed to have never heard of the actress and accused her of using the situation in order to get "some easy publicity for herself." It's a pretty silly claim given that the androgynous actress is notoriously reclusive. Trump also did some name dropping of his own saying that Sean Connery is in support of the project.

View Poll

LuxistTilda Versus Trump Over Scottish Golf Course originally appeared on Luxist on Sat, 17 Oct 2009 11:01:00 EST. Please see our terms for use of feeds.

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A couple of people sent me a note on this one, a sign that luxury real estate is thriving in some parts of the world. We've heard all sorts of rumors about a Hong Kong real estate bubble and the bubble talk reached a fever pitch this week with the news that a Hong Kong apartment has sold for a whopping $57 million. The five-bedroom duplex suite is in a building called 39 Conduit Road. At around 6,158 square feet it is believed to be Asia's most expensive property per square foot. Amenities include a spa, swimming pool, ballroom and fitness center and the building in the Hong Kong hills boasts harbor views. Another unit in the building sold for $51 million. The fact that there is a limited amount of real estate available in the area has led to some high-prced deals as well as concerns that most residents are unable to purchase a home.

The developer, Henderson Land Development Company Limited, created a building of 66 units total ranging from 2,800 to 7,600 sq. ft. Henderson Land Development Company Limited Sales General Manager Mr. Thomas Lam said, "the supply of new luxury residence in mid-levels is extremely scarce while luxury properties in the area have always been a sought after choice. We have recently witnessed record-breaking deals in luxury property market."

[Thanks Lori and Tal]

LuxistHong Kong Apartment Sells For $57 Million originally appeared on Luxist on Fri, 16 Oct 2009 03:02:00 EST. Please see our terms for use of feeds.

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robert de niroLast year Robert De Niro's Greenwich Hotel ran afoul of New York City's Landmarks Preservation Commission over a penthouse on top of building. The best suite in the TriBeCa hotel has caused controversy because the commission says that the penthouse does not match the design that they approved in 2004. Last year De Niro appeared at a panel hearing to ask commission members to give him a break and not make he and his partners remove the suite (at an estimated $1.5 million cost) and start over. At the time De Niro said that they worked on the project a long time and tried their best to make it fit into the historic neighborhood. The NY Post reports that De Niro had told the commission that he would update the penthouse façade to match detailed brick used on rest of the building's exterior.

It's been over a year and the building hasn't been corrected. De Niro's business partners and a team of architects were supposed to appear before the commission last week to address the delay. There is no official deadline for getting the project finished but the commission isn't giving up on getting the building fixed in a way that makes the neighborhood happy.

LuxistIs De Niro Dragging His Feet On Penthouse Fix? originally appeared on Luxist on Fri, 16 Oct 2009 01:02:00 EST. Please see our terms for use of feeds.

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The next luxury condo building in Boston is going to be closer to the ground than expected. Local windbag controversial real estate developer Don Chiofaro has been fighting a losing battle over the new building and is finally yielding to pressure from the community. The $1 billion plan involves two towers, with commercial space in the shorter sibling of the residential tower.

A decorative arch atop the residential building (which would also include a hotel) would push the building from 690 feet to 780 feet. Removing the arch and cutting the size brings it down by 155 feet - to the 625 feet that the Massachusetts Port Authority will allow. Anything higher, Massport says, would get in the way of nearby Logan International Airport's air traffic.

Chiofaro tells the Boston Globe, "I have no problem with 625 feet, if that's where [we] end up," leaving room for a small victory that would put this Icarus a touch closer to the sun. Given how scarce his friends were when he nearly lost his International Place towers a few years ago, I'm betting he isn't likely to get much above the Massport cutoff.

When the building is finally finished, residents will get fantastic views of the Rose Fitzgerald Kennedy Greenway, along with unbeatable bragging rights.

LuxistChiofaro and Luxury Building Cut Down to Size originally appeared on Luxist on Thu, 15 Oct 2009 22:01:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>bostonboston globeBostonGlobegreenwayluxury condoluxury condosluxury real estateLuxuryCondoLuxuryCondosLuxuryRealEstatemassachusettsrose kennedyRoseKennedyThu, 15 Oct 2009 22:01:00 EST<![CDATA[AIG Building To Become Luxury Condos]]>http://www.luxist.com/2009/10/09/aig-building-to-become-luxury-condos/http://www.luxist.com/2009/10/09/aig-building-to-become-luxury-condos/http://www.luxist.com/2009/10/09/aig-building-to-become-luxury-condos/#commentsFiled under:

aig buildingEarlier this year, NY Post reported that AIG was trying to earn around $100 million by selling its 66-story Art Deco headquarters at 70 Pine Street in Manhattan (it actually sold to Young Woo for $150 million). Now it seems that the real-estate developer might have gotten a great deal. Young Woo will be turning the top 40 floors of AIG's 66-story headquarters near Wall Street into condo units. The Wall Street Journal does the math which shows that even including renovations and other costs the units could generate about $600,000 in profit each. This of course is providing that the Manhattan real estate market doesn't dip too much further down and eventually comes back up. Given that it will likely take the developer a while to prepare the condos for occupation and work up a snazzy marketing campaign, the timing might be ideal.

LuxistAIG Building To Become Luxury Condos originally appeared on Luxist on Fri, 09 Oct 2009 21:01:00 EST. Please see our terms for use of feeds.

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The South Park area of Los Angeles has been booming lately. The area is the site of the Los Angeles Convention Center, the Staples Center and the "L.A. Live" project. This summer the big news was that a major grocery store returned to the area, signaling the growing residential contingent. EVO is a high-rise residence building in the neighborhood and is the only LEED certified high rise residence in L.A. The property includes a pool and sun terrace, fitness studio and rooftop entertainment lounge with an outdoor fireplace. Many units have beautiful horizon and city views. The building also has concierge service, a 24-hour lobby attendant and four levels of secure parking.

The last of Evo's sale-priced residences went on sale earlier this month starting in the mid $300,000s. Generally the condominiums are priced from the low-$400,000s to $3.7 million and range from 730 to over 3,500 square feet. Residences feature hardwood floors and wood cabinetry, stainless steel appliances, large, operable windows, decks, Juliet balconies and walk-in closets

.

Gallery: EVO-South

LuxistEvo South Condo Development originally appeared on Luxist on Sun, 04 Oct 2009 08:02:00 EST. Please see our terms for use of feeds.

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larry king and shawn kingFamed CNN TV talk show host Larry King and his wife Shawn King have bought a unit in the Carlyle on Wilshire Boulevard in Los Angeles. Units similar to the one bought by the Kings have been selling in the $3.5 million to $5.6 million range. The Carlyle Residences is the last permitted high-rise to be built along the famed Wilshire Corridor's "Golden Mile." King attended the recent grand opening of the property, which was developed by Elad Properties, the owner and developer of the Plaza Hotel in New York. The unit that the Kings purchased will function as a second home. They are not selling their Beverly Hills primary residence but are expected to use their new apartment to house guests, including extended family members.

The Kings' unit has three bedrooms and 4.5 bathrooms; 11-foot ceilings; his-and-her bathrooms off the master suite. Each of the 78 private residences in the building has a private elevator. The building's amenities include a 24-hour valet, doorman and concierge service. The 24-story crescent-shaped building has a private wine cellar. Larry King Live, the first worldwide phone-in TV talk show, debuted on CNN in June 1985. Larry King has been called the "master of the mike" by Time Magazine. Valerie Fitzgerald of Coldwell Banker, Beverly Hills, is the head of sales for the Carlyle project.

Gallery: Larry King Goes Live at the Carlyle

The 24-story Carlyle on WilshireLarry King

LuxistLarry King Going Live at the Carlyle originally appeared on Luxist on Fri, 02 Oct 2009 05:01:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>celebrity real estateCelebrityRealEstatelarry kingLarryKinglos angeles real estateLosAngelesRealEstateshawn kingShawnKingthe carlyleTheCarlyleFri, 02 Oct 2009 05:01:00 EST<![CDATA[Imperial Axis, Beijing's Mysterious New Condo Project]]>http://www.luxist.com/2009/09/29/imperial-axis-beijings-mysterious-new-condo-project/http://www.luxist.com/2009/09/29/imperial-axis-beijings-mysterious-new-condo-project/http://www.luxist.com/2009/09/29/imperial-axis-beijings-mysterious-new-condo-project/#commentsFiled under:


As China booms, Beijing's real estate market has followed and high-end real estate development projects are emerging. Imperial Axis is a luxury project planned for the downtown area. Billed as a "royal dwelling place of the world," is located opposite the Bell and Drum Tower and overlooks the Jing Mountain. It is said to offer 360-degree views of the surrounding area. There will be just 30 units with top-level appliances and finishes. Not too much is known about the property but the units may command some of the top prices in Beijing and are designed to appeal to an international clientele.

LuxistImperial Axis, Beijing's Mysterious New Condo Project originally appeared on Luxist on Tue, 29 Sep 2009 21:02:00 EST. Please see our terms for use of feeds.

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Not every celebrity needs a mega-mansion to salve their ego. Several of the hipper set have recently purchased traditional, stylish, low-key cottages in bucolic Sullivan County, New York, from designer and builder Charles Petersheim's Catskill Farms. Buyers like Albert Hammond Jr., guitarist of The Strokes, actor and comedian David Cross, Vice magazine founder Gavin McInnes, fashion designers and other artistic types get the best of both worlds - early American architectural features including wide plank floors, fireplaces, painted salvaged wood ceilings and wrap-around porches, along with whole-house audio, security systems, and modern kitchens.

While capturing the charm, beauty and character of the early 1900s in a private setting, Catskill Farms aims to eliminate all of the hassle and maintenance issues related to old houses, which is especially important for those with busy schedules who need to relax when they're finally able to get away from it all. Over the past few years, Catskill Farms has designed, built and sold over 40 new / old homes in Sullivan County, becoming the leading designer and builder of Upstate New York getaways. Another of their goals is affordability, hence their brand new mini-cottages series. Priced from $225,000 to $400,000, the picturesque dwellings (above) feature open floor plans and spacious interiors.

LuxistLow-Key Celebs Go Country with Catskill Farms originally appeared on Luxist on Mon, 28 Sep 2009 16:02:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>architectureCatskill MountainsCatskillMountainscelebrityCharles PetersheimCharlesPetersheimcottagecountry houseCountryHouseDavid CrossDavidCrossdeveloperThe StrokesTheStrokesUpstate New YorkUpstateNewYorkMon, 28 Sep 2009 16:02:00 EST<![CDATA[News Flash: A Golf Course Community Opens ]]>http://www.luxist.com/2009/09/28/news-flash-a-golf-course-community-opens/http://www.luxist.com/2009/09/28/news-flash-a-golf-course-community-opens/http://www.luxist.com/2009/09/28/news-flash-a-golf-course-community-opens/#commentsFiled under: ,

Victory Ranch Club
Not long ago, golf real estate communities sprouted across the country every month, each project promising a higher level of luxury than the last. These days, they're as a rare as a postseason in baseball that doesn't include the Red Sox or the Yankees. Hence the curiosity of the Victory Ranch Club, an expansive (5,600-acre) development just east of Park City, Utah, that's to be designed around a just-opened--and, of course, camera-friendly--Rees Jones golf course.

The primary selling point of Victory Ranch is its mountain setting. The 7,600-yard golf course gambols across rugged topography that features deep ravines, bulwarks of ancient stone and high plateaus that yield sweeping views of the Deer Valley ski area and the Jordanelle Reservoir. Horseback riding on a network of trails and fly fishing in the Upper Provo River complete the tableau. Whether buyers will come at a time when the nation's high-end real estate market is reeling remains to be seen.

Gallery: Victory Ranch Club

LuxistNews Flash: A Golf Course Community Opens originally appeared on Luxist on Mon, 28 Sep 2009 15:02:00 EST. Please see our terms for use of feeds.

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