Bezos got a bargain. Now the homeseller’s suing Douglas Elliman

After learning that Amazon founder Jeff Bezos was behind the entity that had purchased his Indian Creek Island home at a $6 million discount, homeseller Leo Kryss was not pleased with the brokerage, which double-ended the deal. Continue reading

Top South Florida agent Danilo Tavares leaves Elliman for Corcoran

Tavares closed $90 million in sales volume in 2023 and co-listed that same year 12 Indian Creek, which was purchased by Jeff Bezos for $79 million. Continue reading

Jeff Bezos adds $90M mansion to Miami property portfolio

The mansion marks the Amazon founder’s third such purchase on Indian Creek Island, an exclusive enclave in Miami with limited availability. Continue reading

The 31 biggest residential deals of 2023 commanded $50M or more

New York City and Palm Beach saw the greatest number of high-end luxury sales this year, while Los Angeles, marred by the new mansion tax, did not make the list. Continue reading

5 years after Amazon staked its claim in Virginia, luxury is thriving

Since Amazon announced its ambitious HQ2 plans in 2018, Arlington’s lower-tier luxury market has been ravaged by homebuyers and developers alike — and the rush show no signs of slowing. Continue reading

Amazon pauses construction on Virginia HQ2 as it looks to cut costs

Amazon is expected to complete the first phase of its Virginia headquarters in June, but it’s pausing construction on the larger phase of the project across the street. Continue reading

The number of US billionaires grew in 2022. Here’s where they live

Not surprisingly, America’s billionaires are largely clumped in coastal cities, according to a new analysis showing where they are located in 2022 and how that changed from 2021. Continue reading

Jeff Bezos’ ex-wife, MacKenzie Scott, donates mansions to charity

MacKenzie Scott, a novelist, received sole ownership of the two homes following her divorce from Bezos in 2019 after 25 years of marriage. The donation was announced by the California Community Foundation . Continue reading

Jeff Bezos-backed Arrived dives into short-term rental market

Backed by Amazon founder Jeff Bezos, the real estate investment platform is the latest fractional ownership company to enter the rapidly growing short-term rental market. Continue reading

Palm Beach, Malibu clinch biggest luxury beach sales of 2022 (so far)

Palm Beach, Malibu and the Hamptons drew luxury homebuyers seeking more tranquil post-pandemic lifestyles, according to an Inman analysis of the top 10 beach transactions since October 2021. Continue reading