A modern penthouse found high up in the W Residences Austin in Downtown Austin, Texas, has changed hands after roughly two weeks on the market, according to the listing brokerage. The asking price, which included the furnishings, artwork and other household accoutrements, was $5.95 million. Sleek and stylish furnishings are meaningfully placed throughout the penthouse.
Real Estate
For generations, upper-class retail establishments have held out their superior service as a reason for customers to patronize them rather than lower-priced stores. The same emphasis on service is at play in some of the nation’s highest-end residential buildings. Sure, tennis courts and exclusive dining rooms and other physical amenities carry cache. But what good
Many grand estates boast a parklike setting, but this Genoese villa is literally in one. Dating to 1813, the renovated Neoclassical Italian residence is within the Portofino Regional Natural Park, a protected coastal area in northern Italy along an arm of the Mediterranean called the Ligurian Sea. Set on the hill that divides the villages
In today’s “personalization first” era, when a company wishes to establish its market leadership, it starts by defining its customer base and catering to its needs, even if its operations are based on a B2B model. Effective personalization tools are an obvious requirement for high-demand, high-risk clients like those of the real estate market. It
The housing market is becoming more balanced, but at a great cost to buyers, who are footing the bill of high monthly mortgage payments, and sellers, whose stronghold on the market has slipped away as mortgage rates doubled this year. This is according to a new report from Redfin, a technology-powered real estate brokerage. There
Office demand is in a state of flux. The widespread adoption of hybrid work and intensifying economic headwinds have left companies unsure of their real estate needs. While both office owners and occupiers share an optimistic outlook about the future of office usage, property managers are pioneering new ways to generate revenue in the place
Citibank acted as the agent for a large group of lenders that held a large loan to Revlon, a company under financial stress. Arrangements like this are common in corporate lending, including large loans to real estate investment trusts. As agent, Citibank was supposed to receive loan payments from Revlon and then properly distribute them
It’s long been recognized home buyers love a view of the blue. Due to their comparative scarcity, homes on oceans, lakes (Great and otherwise), rivers and canals consistently command more at sale time. How much more? According to some estimates, a home on a lake will garner 25 to 50 percent more than the same
The effects of climate change are becoming ever more real: a study finds that an ‘extreme heat belt’ will impact over 100 million Americans in the next 30 years. The area, stretching from Texas to the Great Lakes, will experience temperatures above 125 degrees (52 degrees Celsius) during the hottest stretches of the year, according
Much of the coverage of Queen Elizabeth II’s September 8, 2022 death has focused on her seven decades of service, her meetings with other world leaders, her famous family, the love of her subjects, her dogs, fashion taste and funeral. Little – if anything – has been written about her impact on home design taste
Bahamas living can best be described as idyllic. The beaches are beautiful and there are plenty of resorts and vacation properties you can stay in with your family or friends. There are also many activities to do, including snorkeling, deep sea fishing or even just walking along the beach. This oceanfront Bahamas retreat property is
Even as the summer comes to a close, the luxury real estate market in coastal Mexico is staying hot. An oceanfront villa housed in the ultra-luxury resort, One&Only Mandarina, has sold for a record-breaking $17.5 million, continuing a string of $10 million-plus sales in the Riviera Nayarit region. Swimmable waves on a Riviera Nayarit beach.
The Swan River is a flourishing 95-mile-long habitat in western Montana, set between the Swan Range and the Mission Mountains. Overlooking the Swan River, this cabin takes in views from every room. National Parks Realty Black bream, bull trout, flathead and flounder swim in the partially glacier-fed waters. Canada geese, mallards and red-tailed hawks soar
By Richard Eisenberg, Next Avenue Sharon Greenfelt Kersten, a 70-year-old publicist, loved the $1,900-a-month Fort Lauderdale, Florida, two-bedroom rental house where she lived and worked. But in November 2021, her landlord told her he planned to raise the rent by roughly 40%, to $2,800 monthly. “I absolutely could not afford that,” says Kersten. So, she
While many may believe that the wealthiest members of society live in the heart of major cities or off in the country, it is often the case that they reside somewhere in between: the suburbs. For San Francisco, it’s Atherton; for Boston, it’s Weston; for New York City, it’s Scarsdale. For the Mile High City,
The Bronx saw record dollar volume and the second most transactions ever recorded with $1.54 billion investment sales across 191 transactions, according to research produced by Ariel Property Advisors. Multifamily sales accounted for nearly half the transactions, or $756 million, which is the highest dollar volume since 1H 2016 when $960 million in multifamily buildings
Casa Cañdita is a lush estate found in Mexico’s central highlands northwest of Mexico City. Designed as a versatile garden oasis, the property could function as an extended compound for family and friends or operated as a boutique hotel, according to listing agent Jessica Patterson. From artisan markets to art studios, the vibrant spot has
Redfin, a technology-powered real estate brokerage, released a collection of statistics today that illustrate some of the positive effects of the current cooling housing market. After nearly two years of a highly competitive market, once rejected buyers finally have another chance to purchase that home they always wanted, even with higher mortgage rates making it
A quiet cul-de-sac is a prized location in any community, and that holds true for homes in Adena Meadows, a gated enclave of multimillion-dollar estates in Aurora, a town within the greater Toronto area. The collection of mansions is an outgrowth of the private Magna Golf Club, an 18-hole championship course with an initiation fee
The washer and dryer, once hidden away in the basement, have been moving into bedrooms, kitchens, mudrooms, hallways and other easy-to-get-to places in the home. The laundry is often also the cleaning closet or the storage site; just as the American kitchen is no longer a single-purpose workspace, so is the laundry a multi-purpose room.
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