How Luxury Developers Use a Loophole to Build Soaring Towers for the Ultrarich in NY
Matthew Haag reveals how high-rise property developers are exploiting a ‘planning loophole’ to add extra storeys to tall towers, for the New York Times
US luxury developer tempts buyers with ‘insane’ incentive
Extell ups the ante by reportedly offering to waive service charges for up to a decade at Lower West Side scheme
In Pictures: BIG reveals hurricane-proof floating city concept for the UN
The United Nations has drawn up plans for a sustainable ‘modular maritime metropolis’, which could be home to over 10,000 people while withstanding rising sea levels and climate catastrophes
Touring the Foreign Office’s amazing luxury property portfolio
Analysis prompted by last month’s purchase of a spectacular £12m penthouse in Manhattan reveals the FCO currently owns 87 £5m+ properties around the world
New York’s luxury homeowners face ‘mansion tax’
State budget deal includes new one-time sales tax, pitched at over 4% on homes worth more than $25m
Demolition ordered for ‘pharaonic’ £50m French mansion
Neighbours’ 14-year planning battle ends with a demolition order for a vast party pad near Cannes
Historic Riviera mansion breaks the Cannes price record
The grand Rimbaud-designed Château Soligny, overlooking the Bay of Cannes, has sold on a guide price of €55m.
In Pictures: MIPIM Award Winners 2019
A student accommodation scheme in Wilhelmsburg, Hamburg, has been named 2019’s Best Residential Development by a panel of judges in Cannes. Yorkshire’s ‘Future Park’ is this year’s ‘Best Futura Mega Project’.
Hudson Yards Is Manhattan’s Biggest, Newest, Slickest Gated Community. Is This the Neighbourhood New York Deserves?
The New York Times uses some spectacular visuals and harsh words to explore the USA’s biggest ever private mixed-use property venture – Hudson Yards.
In Pictures: 2019’s ‘Buildings of the Year’
Gianni Botsford’s striking “House in a Garden” in Notting Hill has been named as one of the world’s 15 best new buildings, alongside Thomas Heatherwick’s Coal Drops Yard, the Macallan’s new visitor centre in Scotland, and the Zaha Hadid-designed Morpheus Hotel in Macau.
The Celebrity Premium Myth And Why Michael Jackson’s Neverland Ranch Is Finally Priced To Sell
As Michael Jackson’s Neverland Ranch sees another dramatic price cut (the asking price has dropped from $100m in 2015 to $31m now), Forbes explores whether a celebrity owner has any real impact on a property’s value.