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High End Real Estate

Old hotels in London's Westbourne Grove recast as high-end housing
www.ft.com

In recent years, however, shrewd hoteliers have begun to sell up to property developers such as Alchemi, which hope to return the buildings to their former glory, converting them into high–end apartments and townhouses. This is in no small part thanks …

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Sure, Build It in My Backyard
www.nytimes.com

New York Yimby — the acronym stands for Yes in My Back Yard, a wordplay on the more familiar Nimby (Not in My Back Yard) — is a lively, chatty site that is catnip to fans of the city's ever expanding forest of high-rises. The site bristles with …

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On the Market: Every Building in Manhattan Is Now a Potential 'Mansion in the …
observer.com

High–end buyers like to come in and give the property total re-dos anyway, so there's no point to renovating an already exquisite house if you don't even intend to enjoy it yourself? Another hot trend brought to you by The Journal? Some people love old …

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When Will Developers Start Building Condos Downtown Again?
la.curbed.com

There's an obvious price to pay, however, for only building high–end condos and overlooking the mid-range market, though, warns a principal at Keller Williams' Downtown office: "There has to be a range of condos with prices that can accommodate …

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When One Renovation Isn't Enough
online.wsj.com

Photo: Evan Joseph/Douglas Elliman Real Estate. With water views, loft-like … "It's a real challenge for everyone right now to keep up with the very high end," says Leonard Steinberg, a New York agent with Douglas Elliman. "It's as if a beautiful …

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When Shoppers Say No to the Jumbo
stream.wsj.com

Rising home prices and an increase in jumbo mortgage rates are leading some wealthy home shoppers into the arms of luxury landlords. Steve Halpern, an agent at the New York-based real–estate brokerage Urban Compass, says about 50% of his clients …

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Strawberry Banks may be site for high-end homes
www.dailypress.com

"We haven't done this in a vacuum — we've talked to real estate firms," Harvey said. "They think it could work and we think it could work." Hampton Mayor George Wallace said opportunities creating "high-value residential development" are welcome in …

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Local brokers participate in luxury real estate event
www.vaildaily.com

VAIL — Several brokers from Slifer Smith & Frampton recently participated in an international real estate event at Wynn Las Vegas. The Luxury Portfolio Summit is part of the Leading Real Estate Companies of the World Conference Week, an event hosted …

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West agonises over Chinese realty binge
www.macrobusiness.com.au

News of new Chinese real estate deals are popping up every quarter. Similar moves happened with the Japanese back in the 1980s. Now it's China's turn. And by most estimates, they are snatching up high end real estate in Los Angeles, San Francisco and …

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