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Leviev Laughs in the Face of Loss
It appears that a large portion of Miami real estate purchased five years ago during the boom is being sold at a loss to save Africa Israel Investments, an Israeli company that Uzbek-born billionaire Lev Leviev owns 75 percent of.
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Haute Agent: Susan Breitenbach
From the moment she entered the real estate business Susan Breitenbach was a natural, and a super star. Susan has not only earned status as the undisputed top Hamptons broker; consistently claiming the #1 spot at Allan Schneider, now The Corcoran Group, for over a decade: She has handled over $1 billion in real estate […]
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Haute Agent: Matthew Breitenbach
Matthew Breitenbach started his real estate career with Allan Schneider Associates, now the Corcoran Group. Working alongside Susan Breitenbach for the past few years, Matthew Breitenbach has assisted her in marketing over $1billion worth of real estate. He has helped Susan to take her business to a whole new level that has contributed to her […]
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The Price of Happiness is $72 Million
Mohamed Hadid put his Bel Air residence on the market for $85 million. As reasonable of an asking price as that is, he has now decided to lower the listing to $72 million, a price that offers a lot of bang for the bucks.
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Musk Makes Another Sky-High Request
Elon Musk, the South African environmentalist and entrepreneur, is best known for his electric-car start up company, Tesla Motors—and although he received $465 million in federal loans earlier this year to keep Tesla alive, Musk wants more.
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Maloof Loses in Home Sale
Joe Maloof, president of Maloof Companies, isn’t used to losing. In fact, the Maloof family has a history of success in practically every venture they have taken on—be it in sports, music, media, or gambling. However, when Joe Maloof sold his Brentwood home, he took a 16 percent hit.
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New York Real Estate is Looking at the Bright Side
Luxury New York real estate used to be on fire—then the flame seemed to have burned out. However, the embers might hold on long enough to spark a new blaze later this year, as sales tend to pick up in the fall.
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Miami Worldcenter Makes a Deal
Developers of Miami Worldcenter just got quite a discount. Falcone Group and Marc Roberts Companies purchased a seven-acre Park West lot for $39 million—less than half the original asking price of $88.7 million.
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Marriott/Ritz Convention Center in L.A. Live is No Threat to Other Hotels
On February 15, 2010, Downtown Los Angeles will have a reason to celebrate, or at least a new place to—a brand new JW Marriott and Ritz-Carlton are opening with the Convention Center at L.A. Live.
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From Miami to Silicon Valley, the Housing Market is Recovering
This month Miami earned the No. 1 spot that is sure to please the Miamians, and anyone hoping to become one: Miami is the best city for housing recovery.
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San Francisco Art Dealer Indicted in Fake Miró Scam
Life changed dramatically for 69-year-old Pasquale Iannetti last Thursday, August 20, as this was this day that a federal grand jury indicted the San Francisco art dealer of charges relating to dealing fake prints of Joan Miró.
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Investor in Miami Beach Properties Admits to Hard Times
The CEO of Mirax Group, Sergei Polonsky, the Russian billionaire, was worth $1.2 billion in 2008, is now getting hit with hard times according to Forbes.
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NBA Star’s Luxury Listing
Divorces can be nasty things, and in the case of Carlos and CeCe Boozer, it is quite an expensive thing as well. The couple is breaking up, and as such, expected to lose quite a chunk of change on their Miami waterfront property. The NBA forward for the Utah Jazz bought the South Florida mansion […]
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For Sale in New York
The New York real estate market saw a bit of action recently when the ubiquitous Hamptonite, Billy Joel, put two of his Sagaponack oceanfront properties up for sale. The piano man originally bought the Hamptons properties for his bride, Katie Lee Joel, in 2007, but considering the upcoming dissolution of their nuptials, he has decided […]
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Four Seasons Is the Official Best in 2009
The verdict is in: the Four Seasons Hotel and Resort is this year’s top-rated luxury hotel according to J.D. Power and Associates’ 2009 North America Hotel Guest Satisfaction Index Study. The report collected data from 66,000 guests who stayed at various hotels in the luxury accommodations category from June 2008 to June 2009. The InterContinental, […]
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Lenny Kravitz’s Extreme Home Renovation
Lenny Kravitz is a funky, soulful, rock ‘n’ roll singer and songwriter whose good looks aren’t overshadowed by all of the tattoos and piercings that adorn his bod. His unique, somewhat eccentric personal style shines through as a parallel in his music and makes him truly inimitable. His talents are diverse; he plays a multitude […]
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