Madoff, wine, and Pillsbury

October 30, 2009

Saw three great items in last week’s Wall Street Journal column by Sara Lin.
1) More information on the Madoff sale in Montauk. Chairman of Vornado Realty Trust, Steven Roth, is the one who purchased Bernard Madoff’s beach house in Montauk, NY, for $9.41 million.
On 1.2 acres, the 3,000-square-foot in Long Island was launched onto the [...]

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Record Sale in U.S. Virgin Islands

October 29, 2009

The highest priced villa of Peter Bay, U.S. Virgin Islands, has recently sold for a grand total of  $8,495,000. After 45 days, the sale was official thanks to Peter Briggs, a listing broker and the owner of John Foster Real Estate.
Briggs explains that the seller was West coast and the buyer was east coast, which [...]

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A Laid-Back Life Awaits In Idaho

October 29, 2009

At the Saturday morning farmer’s market in Sandpoint, Idaho, craftsmen and farmers gather around Farmin Park with a dual purpose—to catch up with friends and to offer customers fresh produce and homemade goods (huckleberry barbecue sauce, anyone?). The casual, good-natured vibe found at the bustling market also permeates Sandpoint’s luxury second-home communities.
At Seasons at Sandpoint, [...]

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Malta on Language of Luxury

October 27, 2009

I encountered a wonderful little post on Malta today on the Language of Luxury site (click here).  It’s interesting to note that while most of the world is caught up in a real estate downturn, some areas have that perfect amount of isolation to stay out of fray.  Malta is one of them.  In fact, [...]

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New development is at the center of Miami’s culture

October 26, 2009

Miami is polishing its image as a cultural center with a new arts district and an impressive array of new buildings, including the Cesar Pelli-designed Adrienne Arsht Center for the Performing Arts, which recently won an award from the Urban Land Institute; Museum Park, home to a new art museum with 40 acres of gardens, [...]

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Luxury Brands Offering A Personal Touch

October 23, 2009

Benefits of a luxury item include some of the following: sustainable, exotic, and in today’s market, should come with personalized service.
Greg Furman, founder and chairman of the Luxury Marketing Council, has recently looked into luxury brands and where these companies are spending their dollars. He has found that companies are spending their dollars on [...]

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Russian Oligarch Nabs $90 Million St. Bart’s Estate

October 22, 2009

A Cap d’Antibes chateau, eight apartments in London’s Lowndes Square, two multi-million-dollar homes in Colorado, a contemporary art collection valued at more than $100 million, England’s Chelsea Football Club, and a new, 540-plus-foot yacht poised to cost $300 million or more in building costs. What more could a billionaire want to add to his collection? [...]

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New Facebook App Allows Promotion of Vacation Properties

October 21, 2009

A new Facebook application establishes trust for second homeowners and their renters.
Second Porch, the new groundbreaking application, helps homeowners promote vacation properties to friends, friends of friends, and anyone else on Facebook they would like to share with. It overcomes second homeowners’ fear of having to rent to strangers.
The application’s main purpose is to allow [...]

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Tahoe and Reno See Huge Upswings in Third Quarter

October 20, 2009

The Lake Tahoe and Reno real estate markets signs of improvement. Although Chase International’s third quarter report shows that the average prices are still decreasing, ultimately, inventory is quickly depleting.
Since last year, the number of units sold in the Reno area increased 35 percent and in the Sparks area 54 percent. As for the Lake [...]

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Remodeling Gets Greener with New REGREEN

October 19, 2009

Four new REGREEN e-learning courses were recently introduced by The American Society of Interior Designers and the U.S. Green Building Council. Each of these courses is a duration of 2 hours and presents step-by-step instructions for anyone from an interior design professional to the average person, interested in remodeling or renovating a room in their [...]

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