New York’s pied-à-terre tax paused after nearly a million properties swept into rollout row
Homeowners launch legal challenge to implementation, arguing City Hall ‘arbitrarily and capriciously foisted onto New York City residents the burden of proving they are not subject to the Surcharge.’
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Swiss voters reject significant super-rich inheritance tax proposal
Decisive result in Switzerland's divisive wealth tax referendum.
By PrimeResi
Spain floats 100% property tax for non-EU buyers
Spanish Prime Minister unveils plan to tackle 'grave' housing crisis with huge tax hikes on overseas buyers.
By PrimeResi
Los Angeles Times: The year of the ‘mansion tax’
12 months on, Measure ULA 'has either been a godsend or an absolute disaster, depending on who you ask,' says the LA Times.
By PrimeResi
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Savills adds senior names in Notting Hill & Islington
Marsh & Parsons and Knight Frank alumni join the agency's prime London network.
By PrimeResi
In Pictures: Inside Oliver Burns Studio’s £21.25mn show apartment at The Bryanston
3,872 sq ft turnkey residence is the latest designer collaboration at Almacantar’s 54-unit super-prime scheme overlooking Hyde Park.
Behind the Structure: Understanding ownership risk in prime residential property
Required Reading: Sanctions have raised the stakes when it comes to navigating complex ownership structures. Anthony Hanratty explains what prime property professionals should be looking for.
Grosvenor warns historic London homes could lose their appeal without planning reform
Great estate pushes for shake-up to help Mayfair & Belgravia properties cope with rising temperatures.
Council intervenes over future of one of Britain’s most important mansions
Buckinghamshire officials take formal action over deteriorating condition of historic Rothschild estate.
In Pictures: $157mn trophy estate emerges from ‘one of the most iconic renovations in Palm Beach history’
This newly-completed 27,000 sq ft waterfront compound comes with 15 bedrooms, a sunken clay tennis court, private theatre and boat lift.
‘Cost pressures are real but so is the opportunity’: The new economics of prime resi construction
Skills shortages, regulatory delays and the net-zero push are piling pressure on projects - but a repriced PCL market could work in developers’ favour, argues Ben Godfrey.
By Ben Godfrey
Nest Seekers picks London for global luxury property summit
Berkeley Group signs up as headline sponsor as luxury brokerage prepares to convene agents from across its 2,500-strong network.
‘Taylor Swift Tax’ faces legal challenge from luxury homeowners
Rhode Island’s new levy on high-value second homes has been in force for less than two months - and already has a fight on its hands.
‘The best projects have a soul before they have a spreadsheet’: In conversation with YOO Group founder John Hitchcox
The property entrepreneur who helped pioneer loft living and branded residences talks London’s overlooked hotspots, buyer trends, the next big shift in the sector - and the best investment he ever made.
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Changing of the guard at Knight Frank’s National Country Department
‘Stan’ Matthews steps up to lead £400mn-a-year operation after 23 years with the agency.
Warwick revives 1880s Notting Hill terrace as luxury resi scheme
Four top-spec residences will be released to the market throughout the autumn.
Shadow Housing Secretary quits to pursue London Mayor bid; Katie Lam steps up
James Cleverly has set out a housing-led pitch for the capital.
By PrimeResi
Developer reintroduces resi in new mixed-use plan for major Waterloo site
Designs for HB Reavis by PLP Architecture pitch a repurposing of existing buildings, and reintroduce residential units to the mix.
By PrimeResi
Government shelves ‘first dibs’ pledge on new-build flat sales to overseas buyers
Labour has downgraded a manifesto pledge after developers warned restrictions on international off-plan sales could make schemes unviable.
By PrimeResi