Tag

Luxury Real Estate

All articles tagged with #luxury real estate

entertainment3 days ago•7 min saved

Lopez Flaunts Fresh Luxury at Her $18M Hidden Hills Renovation During Family Weekend

Jennifer Lopez spent Memorial Day weekend with her children at her newly renovated $18 million Hidden Hills estate, which she purchased for about $17.5 million in February 2025 after finalizing her divorce from Ben Affleck. The updates include a brighter poolside cabana, grass-covered lounging areas, and an overall facelift across the property, which also comprises a main residence, guesthouse, pool house, and a five-stall barn with a private equestrian arena, all managed by smart-home systems. Lopez shared photos and videos from the weekend on Instagram, including moments with her 18-year-old twins Max and Emme.

via Realtor.com|

#entertainment #hidden-hills #jennifer-lopez

sports14 days ago•6 min saved

LeBron James Bets $37 Million on California Forever Home Amid Lakers Uncertainty

After the Lakers were eliminated from title contention in 2026, LeBron James has quietly committed about $37 million to making California his long-term home—planning a two-mansion Beverly Hills estate on two parcels with a main 16,000-square-foot house, a 6,550-square-foot secondary dwelling, and luxury amenities like a pool, theater, and solar power. James has not decided on his playing future, with speculation about a potential return to Cleveland and a possible pay cut if he extends his career, while he weighs options with his family following the season.

via Realtor.com|

#beverly-hills #lebron-james #los-angeles-lakers

europe-politics17 days ago•3 min saved

Ukraine anti-graft probe targets Zelenskyy’s former chief of staff

Ukraine’s NABU and SAPO say they have named Andriy Yermak, Zelenskyy’s former chief of staff, as a suspect in a major corruption case involving about €9 million laundered through shell companies tied to a Kyiv-area luxury mansion project; six others were also named, with the investigation dating back to 2018 and the subject having resigned in November.

via Euronews.com|

#andriy-yermak #europe-politics #luxury-real-estate

business18 days ago•3 min saved

Manhattan Luxury Real Estate Pushes Ahead as Pied-a-Terre Tax Debated

Manhattan’s luxury market stayed robust in mid-April to mid-May, with 133 contracts for $4M+ and total volume of $1.12B, while $10M+ deals rose 80% to 34, despite Mayor Mamdani’s pied-a-terre tax proposal; brokers warn the levy could dampen demand and drive wealth out of the city, though supporters say it targets non-primary residences and would raise revenue, with valuation and implementation details still debated in Albany.

via CNBC|

#business #luxury-real-estate #manhattan

business1 month ago•510 min saved

New York's Pied-à-Terre Tax Tests the Luxury Market Pulse

Governor Kathy Hochul proposes a $5+ million pied-à-terre tax in NYC (backed by Mayor Mamdani) expected to raise about $500 million a year. While the plan aims to help close a budget gap, luxury brokers warn it could dampen sales, depress property values, and trigger a slowdown among ultra‑wealthy buyers, with some pausing or aiming under the $5 million threshold. Others say demand remains strong and the market will adapt, potentially giving primary residences a slight edge as buyers factor in the tax.

via Curbed|

#brokers #business #kathy-hochul

business1 month ago•5 min saved

New York City Weighs Pied-à-Terre Tax on $5M+ Second Homes, Dividing Experts

New York City Mayor Zohran Mamdani and Governor Kathy Hochul unveiled a pied-à-terre tax targeting second homes valued over $5 million, potentially raising up to $500 million to fund city needs. The proposal has split experts: supporters say it taxes non-resident wealth to fund housing and transit, while critics warn it could distort the housing market and broader economy. Reactions range from the Fiscal Policy Institute praising the revenue to economist Gabriel Zucman disputing migration fears and real estate figures warning of price declines, fewer jobs, and wider impacts on homeowners.

via Business Insider|

#business #housing-market #luxury-real-estate

real-estate1 month ago•17 min saved

Carey’s Tribeca Penthouse Seeks $27 Million for a Glamorous Manhattan Upgrade

Mariah Carey’s Tribeca triplex at the Franklin Tower is on the market for $27 million, spanning about 12,700 square feet with eight bedrooms and seven baths, featuring Empire State Building views, a rooftop terrace, and luxe touches like Marilyn Monroe’s piano and butterfly decor; the space could be redeveloped or kept as a single residence, with roughly $18.6 million in loans and about $17,000 monthly HOA dues.

via Robb Report|

#franklin-tower #luxury-real-estate #mariah-carey

crime2 months ago•4 min saved

Three luxury real estate brokers convicted in sex-trafficking scheme

Three brothers—Oren, Alon, and Tal Alexander—prominent luxury real estate brokers—were convicted of sex trafficking after a five-week New York trial, with prosecutors alleging they drugged and raped dozens of women lured to luxury trips; 11 women testified about assaults in destinations including the Hamptons, a Caribbean cruise, and Aspen, while defense argued any sex was consensual and memories disputed; lawsuits against the family continue.

via ABC7 Los Angeles|

#alexander-brothers #crime #douglas-elliman

real-estate3 months ago•20 min saved

Central Park–Facing Duplex Penthouse Sells for $25 Million on NYC's Upper East Side

A duplex penthouse atop the new 74 condominium on Manhattan’s Upper East Side sold in a private deal for $25 million. The four‑bedroom top‑two‑floor unit measures 5,264 interior square feet plus 1,600 square feet of exterior space and features a 70‑foot terrace with Central Park views. The 32‑story tower by Elad Group, designed by Pelli Clarke & Partners with interiors by Rafael de Cárdenas, is nearing completion. The sale is the building’s priciest to date, brokered by Barbara Russo, with public records not yet reflecting the closing and other units ranging from $1 million to $12.39 million.

via Mansion Global|

#central-park #luxury-real-estate #manhattan

real-estate4 months ago•135 min saved

Hackman's Santa Fe Estate Sells in Days

Gene Hackman’s longtime Santa Fe, New Mexico estate—a 53-acre luxury property with a three-bedroom main residence, guest house, putting green, lap pool and extensive woodlands—sold within days of listing for $6.25 million after Hackman and his wife Betsy Arakawa’s passing last year.

via Mansion Global|

#gene-hackman #listing #luxury-real-estate

crime4 months ago•3 min saved

From Luxury Empire to Federal Court: Alexander Brothers Face Sex-Trafficking Trial

A New York federal trial has begun for Oren, Tal, and Alon Alexander on a 12-count sex-trafficking indictment alleging a decade-long scheme to drug, assault, and rape dozens of women connected to their luxury real estate empire; the defense says some encounters were consensual. At least eight accusers are expected to testify, including a 16-year-old, with potential sentences of 15 years to life if convicted. The brothers, held since December 2024, deny all charges as pretrial disputes over evidence and witness anonymity unfold under Judge Valerie Caproni.

via NBC News|

#alexander-brothers #crime #federal-indictment

real-estate4 months ago•17 min saved

Gene Hackman’s Santa Fe Estate Hits the Market for $6.3 Million

Oscar-winning actor Gene Hackman and his wife Betsy Arakawa's 53-acre Santa Fe estate, completed in 1997 and offering views from the Jemez Mountains to Colorado, has been listed for about $6.3 million. The property includes a main residence, a guesthouse and studio totaling roughly 13,000 square feet with four bedrooms, seven full bathrooms, a fireside living room with glass walls, and multiple living spaces within the gated Santa Fe Summit community. Hackman and Arakawa lived there in the 1990s until their deaths in early 2025; brokers say the home's tragic history may deter some buyers but its features and setting remain the selling points.

via Robb Report|

#celebrity-homes #gene-hackman #luxury-real-estate

real-estate4 months ago•5 min saved

Boston’s $10M+ Luxury Market Hits Holiday Highs

Boston’s luxury market above $10 million stayed robust through the holidays, led by Back Bay, Beacon Hill, and Cambridge. Notable listings include 22 Brimmer Street (~$11.5M), 153 Brattle Street ($15.8M), 126 Marlborough Street ($10.8M), and the 397 Commonwealth Ave penthouse ($15M). Buyers—often older couples from other cities—continue to seek turnkey brownstones and premium amenities such as elevators, private outdoor spaces, and roof decks as demand remains concentrated in high-end, well-located properties.

via The Boston Globe|

#back-bay #beacon-hill #boston

business5 months ago•2 min saved

Paris Hilton's Mortgage on $63M Mansion: A Smart Financial Move

Paris Hilton, despite her substantial net worth, took out a $43.75 million mortgage on her $63 million Beverly Hills mansion, a common strategy among the ultrawealthy to maintain liquidity and invest in higher-yield opportunities, rather than paying cash upfront.

via Yahoo Finance|

#business #financial-strategy #luxury-real-estate

business5 months ago•3 min saved

Paris Hilton Secures Mortgage for $63M Mansion from Mark Wahlberg

Paris Hilton, despite her substantial net worth, took out a $43.75 million mortgage on her $63 million Beverly Hills mansion, a move that aligns with the financial strategy of many ultra-wealthy individuals who prefer to keep liquidity available for investments and other ventures rather than paying cash upfront, illustrating that leveraging debt can be a smart financial decision even for the extremely wealthy.

via Fortune|

#business #financial-strategy #luxury-real-estate