Tag

Luxury Real Estate

All articles tagged with #luxury real estate

real-estate12 days ago•19 min saved

The Luxury Realtor Uniform: Botox, Designer Wardrobes, and the Cost of Perception

Luxury real-estate agents across the U.S. describe spending on Botox, skincare, wardrobes, and styling as part of a professional “uniform” aimed at projecting a high-end image to attract wealthy clients and fuel online branding. The trend is amplified by social media and reality TV, with several agents citing six-figure fashion and skincare investments and others warning that presentation helps open doors but doesn’t guarantee sales.

via Business Insider|

#appearance-economy #branding #luxury-real-estate

local14 days ago•26 min saved

NYC Rolls Out Pied-à-Terre Tax, Sending Notices to Luxury Second-Home Owners

New York City is starting enforcement of the pied-à-terre tax on non-primary luxury residences; the Department of Finance will issue notices (by August 30) and can audit six years back, with penalties up to 50% for false information. The tax is expected to raise roughly $340-500 million annually from about 10,000 properties. Rates range from 0.8-1.3% for one-to-three family homes, and 4-6.5% for co-ops/condos (top rates apply to highest-valued units). The city will recalibrate values in a second phase through 2031, and owners have 30 days to appeal; lawsuits are anticipated.

via New York Post|

#department-of-finance #local #luxury-real-estate

real-estate21 days ago•5 min saved

Cash Buyer Snaps Up $18.5M East Side Townhouse in 3 Weeks

A gut-renovated five-story limestone townhouse at 165 E. 64th St on the Upper East Side sold in an all-cash deal to an international financier for about $18.5 million, just three weeks after listing. Developed by Titanium Property Group, the 7,000-square-foot interior includes six bedrooms, six baths, an elevator, a roof deck, gym and pet spa, with 1,900 square feet of outdoor space. The renovation, which reimagined the brownstone into a modern limestone facade, faced preservation constraints as the property sits within the East 64th Street Historic District, east of Lexington; the sale underscores strong townhouse demand driven by remote-work-era desire for space and privacy.

via New York Post|

#cash-buy #luxury-real-estate #real-estate

business24 days ago•7 min saved

Naples Becomes Florida's Quiet-Luxury Haven for Young Executives

Naples, Florida is emerging as the state's quiet-luxury capital, attracting a growing cohort of younger executives who value privacy and a low-key, high-end lifestyle. Since 2019 the median entry-level luxury home price has jumped 88% to about $3.7 million, making Naples the fourth-priciest U.S. luxury market. Ultra-exclusive enclaves like Old Naples and Port Royal dominate the market, with mid-luxury starting around $6.3 million and ultra-premiums from $15 million; a $271 million megamansion recently came onto the market. While Miami remains larger and more foreign-driven, Naples offers a privacy-forward alternative and a multidecade trend toward younger buyers flocking to the coast.

via New York Post|

#business #luxury-real-estate #naples-florida

culture26 days ago•12 min saved

Gabe Newell Drops $70 Million on a Florida Waterfront Mansion

Valve co-founder Gabe Newell bought a $70 million, 20,000-square-foot Florida mansion with an outdoor pool, wellness wing, wine cellar, dock, boat lift, and an ocean tunnel—on the heels of his $500 million Leviathan megayacht purchase—highlighting the extent of wealth in the gaming/tech world.

via Kotaku|

#culture #florida #gabe-newell

culture1 month ago•134 min saved

Gwyneth Paltrow Fronts Israel Luxury Real Estate Campaign, Sparking Backlash

Gwyneth Paltrow stars in a campaign for 51 Park, a luxury Herzliya real‑estate project, filmed in New York, drawing online backlash as Gaza’s death toll climbs and Israeli operations continue; the piece notes praise from a Israeli agency CEO while highlighting the tension between celebrity endorsements and ongoing conflict.

via The Cut|

#celebrity-culture #culture #gaza

business1 month ago•4 min saved

SpaceX IPO spurs luxury spending spree among new investors

SpaceX’s upcoming IPO is expected to mint thousands of new millionaires, with some using margin loans and others waiting for the lockup to end. Real estate inquiries are rising near SpaceX hubs in Southern California and around Austin, Texas, as buyers eye luxury homes and properties with four-car garages, while demand grows for high-end watches and private jet charters. Destinations cited include Las Vegas, Miami, Cabo, Aspen, Yellowstone, and Disney World, reflecting a broad luxury-spending wave as newly wealthy investors celebrate the liquidity event.

via CNBC|

#business #ipo #luxury-real-estate

real-estate1 month ago•5 min saved

Sagaponack Oceanfront Estate Seeks Hamptons Record at $152.5M

Hedge fund titan Zach Schreiber has listed his Sagaponack oceanfront estate for $152.5 million, a 9,500-square-foot, seven-bedroom, eight-bath furnished home on 3.4 acres with 363 feet of beachfront, a pool, tennis court, spa and more. If sold at the asking price, it would set a Hamptons price record, eclipsing last year’s $115 million sale; the property was rebuilt to feature a two-story luxury main house and is marketed as a potential “forever home.”

via New York Post|

#hamptons #luxury-real-estate #oceanfront

entertainment1 month 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

sports2 months 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-politics2 months 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

business2 months 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

business2 months 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

business2 months 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-estate3 months 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