What Does The New Mansion Tax Mean For New York?
The new real estate tax regime 'will take a little time to get assimilated', writes Frederick Peters, CEO of Warburg Realty in New York, for Forbes - but 'if it makes the subways run on time, it will be cheap at the price!'
New York is billionaires’ favourite city
The Big Apple is home to 85 billionaires, say Savills and Forbes. Singapore, in second place, has 79 resident billionaires, while Moscow, Beijing and London have 71, 61 and 55 respectively
By PrimeResi
New York usurps London to regain world’s top wealth city title
New York is once again the most important world city for UHNWIs, says Knight Frank after assessing the wealth, investment and lifestyle credentials of 100 urban hubs.
By PrimeResi
Ireland imposes 10% property investor tax
"The introduction of the higher stamp duty rate of 10% for the bulk purchase of houses is designed to dissuade the practice whereby institutional investors buy up homes that are close to completion, or…
By PrimeResi
Most read
Budget 2025: The luxury property industry’s hopes, fears & expectations
PrimeResi has surveyed 50 industry leaders, including estate agency owners, sales brokers, buying agents, luxury developers, financiers, legal advisors, and more.
By PrimeResi
PCL agency co-founder joins UK Sotheby’s International Realty
George Vernon has taken up a Consultant Senior Lettings Director role at the luxury brokerage.
London estate agency announces major recruitment drive
Dexters wants to take on 200 new recruits via its Training Academy in 2026.
By PrimeResi
Buyer sought for £100mn-GDV luxury resi project in Mayfair
Agents are expecting global interest in the ‘oven-ready’ development opp on Upper Grosvenor Street.
Knight Frank appoints Head of Short Lets amid expansion drive
The high-profile agency is looking to ramp up its presence in the short-term rental market.
In Pictures: Touring a revamped Rutland Gardens townhouse with Rolls-Royce links
Design studio Taylor Howes completes a two-year reimagining of a storied Knightsbridge residence - which is now up for sale at nearly £17mn.
‘Ambassadorial’ St John’s Wood townhouse sells for £11.5mn
A £3.25mn price cut did the trick for the Grade II listed pile on Hamilton Terrace.
In Pictures: £27mn Rossetti-inspired penthouse launches at Marylebone Square
Marquee unit at long-running PCL project has been named after Christina Rossetti - and is being sold with a first edition collection of poems by the celebrated romantic writer.
American investment boom could ‘lift London house prices’ by up to 3%
Top-end mortgage broker reports a spike in transatlantic enquiries following the recent US State Visit.
By PrimeResi
Savills cuts mainstream house price forecasts again
Average property values likely to increase by 22.2% over the next five years, say analysts, as regional price divides narrow.
By PrimeResi
LATEST ARTICLES
Property Industry Reactions: Interest Rates held at 4%
'If inflation stays on track, we expect to be able to gradually cut rates further,' says the Bank of England after a close call on the base rate.
By PrimeResi
My Property Career: Quickfire Q&A with Sharief Ibrahim
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
New sales & marketing boss at The OWO Residences
Alex Rusling will be leading sales & marketing activities at the super-prime Raffles-branded scheme in Whitehall.
Land Registry launches ‘ambitious new strategy’ to ‘unlock a faster, less stressful property market’
England & Wales's official property database has set out long-term priorities as it pursues 'the digital transformation of the property market.'
By PrimeResi
AHMM significantly expands exec board
Seven directors have joined the leading architecture firm's four founders at the top table.
By PrimeResi