“I literally know when I walk in the front door,” says Adrienne Arsht, discussing how she knows when she wants to buy a property and the multiple high-profile transactions she has been involved in over several decades. Arsht spoke from her home in Chevy Chase, Maryland which she purchased for $10 million in 2020, down
Real Estate
Forbes Global Properties Just in time for Palm Springs’ signature event―Modernism Week―a 1956 post-and-beam desert home has come to market for $2.2 million. Located in the city’s Deepwell neighborhood, the glass-rich 3,734-square-foot residence represents precisely what the famed Palm Springs week celebrates: classic midcentury architecture and design. In the four-bedroom home, which starts with walls
Preserving the historical charm of a period property is a skill which is often overlooked and one which brings depth and soul to a residential space. In the case of property investment and development company Obbard, and design expert Kate Watson-Smyth, this was a critical factor in the recent redesign of No.1 St James, a
Forbes Global Properties There’s a lot to be said for living on a peninsula. The quiet residential streets of the Palos Verdes Peninsula, south of Los Angeles, take in views up and down the Southern California coastline as well as that of Santa Catalina Island. Among the four hillside cities on the landmass that juts
Meganne Wecker is truly one of a kind. In the grand scheme of the furniture industry, there are very few brands that manufacture in the United States, particularly outside of North Carolina. There are even fewer that are run by female executives. But that’s what makes Meganne Wecker a true unicorn. She is the president
As a general matter, communications between attorneys and their clients are “privileged,” meaning they don’t have to be handed over to the other side in litigation relating to the matters covered in the communications. That process of combing through and handing over (or refusing to hand over) documents is called discovery. Wars over discovery often
Heading into the pandemic, lots of commentators said that retail and especially shopping malls were dead or dying. They were buried by ecommerce. They would never come back. People also said the pandemic moved that process along even faster than before. Today, however, the story has changed. Retail vacancies have dropped substantially. Retail seems to
The fast-approaching spring home shopping season should feel a bit calmer than in recent years. Shoppers can expect competition for well-priced homes, but without the crowds of buyers that packed open houses like they did in 2021 and early 2022, according to a new Zillow analysis. “Affordability will still be a challenge for many buyers
The contemporary new build is a rarity within gated Malibu Colony Estates. Hilton & Hyland Few neighborhoods exude more exclusive cachet than Malibu. Homes in the town behind the gates at Malibu Colony Estates, also known as the “original Malibu,” raise the bar even higher. Throw in a brand-new custom-built contemporary home, and you have
Forbes Global Properties The Washington D.C. residential neighborhood known as Capitol Hill is considered a prime place to live with its 19th-century row houses, lively dining scene and famed Eastern Market—not to mention the historic landmarks, parks and seat of government. So what a find to discover new construction among the older dwellings. Recently built
Roughly one-third (31.2%) of home purchases were paid for with all cash in December, according to a new report from Redfin, a technology-powered real estate brokerage. That’s up from 28.8% a year earlier but down from the eight-year high of 31.9% hit in November. The share of homes bought with cash remains elevated above pre-pandemic
Major tenants sometimes have special requirements that require discretionary government approvals. If the approval doesn’t happen, then the tenant no longer wants the space. In these cases the tenant and the property owner will often negotiate to give the tenant the right to terminate the lease if the approval doesn’t come through. Recent litigation in
Valentine’s Day is all about flowers, chocolate and romantic dates. And nothing says romance quite like cuddling in front of a fireplace. These architectural features are popular for both indoor and outdoor spaces, with an intriguing array of new technologies and formats for almost every homeowner. Having a fire feature is no longer limited to
There are folks who love crowds, as witnessed any New Year’s Eve in Times Square. But when seeking a second or vacation home, even the most ardent crowd aficionados are likely to savor undiscovered jewels unknown to the teeming masses. Happily, a number of largely overlooked mountain, beach and wine country settings still exist. In
There’s more pressure than ever today for parents to create beautifully designed nurseries and children’s rooms. With #babynursery having more than 168 million views on TikTok, from minimalist to mid century modern and high-end designer looks, while a baby likely won’t remember what their nursery looked like—social media will. Another big factor in furniture decisions
The glitzy Palm Springs home of the late Hollywood actress Zsa Zsa Gabor has been listed for sale at $3.8 million. The custom-built estate has been carefully maintained, preserving the one-of-a-kind Gabor glamor present in every room, including many original furnishings. Seated atop a hill in the upscale Palm Springs neighborhood of Little Tuscany, the
Quay Tower is a magnificent new residential building situated directly on the Brooklyn waterfront and rising thirty stories. Its position directly across the water from the southern tip of Manhattan makes for spectacular harbor and city views. Together with the building’s amenities, they create a hotly-desired living experience. Everyone wants gorgeous sunset views, waterfront locations,
Six months after tying the knot with actor Ben Affleck, actress and singer Jennifer Lopez is ready to part with her sprawling Bel-Air estate for $42.5 million. HOLLYWOOD, CALIFORNIA – JANUARY 18: Jennifer Lopez attends the Los Angeles Premiere of Prime Video’s … [+] “Shotgun Wedding” at TCL Chinese Theatre on January 18, 2023 in
Multifamily investment sales in New York City grew substantially during 2022, with over 506 transactions valued at $13.2 billion for buildings with 10 or more units, according to data from our 2022 New York City Multifamily Year in Review report. For all multifamily buildings (10+ units, buildings with 6-9 units and small buildings) dollar volume
Just the name Wood Duck Pond conjures a storybook setting. The topography of the borough of Far Hills in north central New Jersey is gently rolling. Swaths of deciduous trees drop their leaves each year for a brilliant fall display. In the spring, their green canopy creates a deep and restful shade. The French Country-inspired
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