Tag Archives: luxury

Kmart down to 2 locations, including 1 in haughty Hamptons

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The town of Bridgehampton, where the median home price is $3.8 million, is home to one of just three remaining Kmarts. Soon it will be one of two, according to reports. Continue reading →

Controversial Florida foreign buyer ban survives 1st major court battle

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U.S. District Judge Allen Winsor denied a request by plaintiffs to stop the state from enforcing the law because it is based on citizenship, not race, so does not violate the Constitution and fair housing. Continue reading →

Jonathan Scott and Zooey Deschanel are engaged

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The couple have been together since 2019 and recently completed a two-year renovation on a Georgian-style home they purchased together in 2020, according to reports. Continue reading →

Tom Ford nabs Jackie O’s former Hamptons summer home at $52M

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The deal is just the latest of Tom Ford’s big-ticket transactions, following a $51 million home purchase in Palm Beach at the end of last year and a more recent trading of that home for another mansion in the luxury South Florida market, according to r… Continue reading →

Nearly 1 in 9 US homes command $1M as luxury prices soar in June

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The share of U.S. homes valued at $1 million or more stopped shy of a record notched last summer as high mortgage rates and low inventory drove home prices upward in June, a Redfin analysis shows. Continue reading →

Tighter federal regulations coming to luxury real estate market soon

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The U.S. Treasury Department is poised to enact expanded reporting measures on luxury home sales, putting an end to anonymous purchases that have enabled oligarchs, terrorists and others. Continue reading →

Rebecca Mason joins Compass as NYC sales manager

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Prior to her stint at CityRealty, Mason spent several years at Stribling & Associates which was acquired by Compass in 2019. Now she’ll be reunited with many of her former colleagues, Inman has learned. Continue reading →