Tag Archives: luxury_lens

The Agency launches new market in La Jolla, San Diego

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Located in La Jolla, the office marks the company’s 63rd location overall and 21st office in the state of California. Continue reading →

Media mogul nabs one of 2022’s priciest listings for $100M

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Billionaire media mogul Byron Allen has purchased a Malibu estate for $100 million, making the deal the most an African American buyer has ever paid for a home in the U.S. Continue reading →

8 challenges agents should be ready for when selling a luxury penthouse

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From dealing with co-op boards to undoing prior upgrades that weren’t up to code, these are the unique challenges luxury agents said can come up with a penthouse transaction. Continue reading →

New York state and New York City recoup $3M from luxury developer

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Heatherwood Communities LLC received tax exemptions on two of their rental properties in Queens and Brooklyn, but failed to pay the buildings’ service employees wages and benefits for over two years. Continue reading →

What’s a ‘tornado housing market?’ Hint: You might be in one right now

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Coldwell Banker Warburg President Frederick Warburg Peters coined the term to describe a phenomenon where one home trades hands briskly while a similar property nearby languishes. Continue reading →

The Agency launches newest location in The Bahamas

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The office marks the company’s 41st global franchise and its third location in the Caribbean, following Turks and Caicos and the Cayman Islands. Managing Director Danny Lowe will lead efforts at The Agency Bahamas. Continue reading →

Compass takes over sales from Corcoran at NYC ‘condop’ building

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After selling eight out of its 13 units, the condop, a building comprised of condominiums and co-op units, at 1228 Madison Avenue is bringing on a new real estate brokerage to finish the job. Continue reading →

Inez Wade advances cancer research 1 luxury sale at a time

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Since Inman spoke with Wade in January 2017, Penn Medicine’s Abramson Cancer Center, where she established a research endowment, has garnered 18 FDA approvals for new cancer treatments. Continue reading →

Gilded Age mansion breaks Fifth Ave. townhouse record in $50M sale

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The Beaux-Arts-style townhouse had not traded hands in over 75 years and marks a price record for any townhouse sold on Fifth Avenue, according to Douglas Elliman Realty. Continue reading →

Sale of Aspen mansion marks one of the city’s biggest deals ever at $69M

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The buyers of Silver Lining Ranch, Meriwether Companies and Revere Capital, intend to rent out the mansion on a nightly basis as a short-term rental. Continue reading →