Luxury Market News

Variety: Fashion Tycoon Serge Azria Buys Diane Keaton’s Former Bel Air Estate

After it first popped up for sale earlier this year, so-called “Microsoft Millionaire” Chris Peters has managed to unload his historic Bel Air estate for about $16.45 million. That’s a hefty amount of money by any standard, of course, but...

LA Times: Pharrell’s Glass-Covered Compound Comes to Market in Hollywood Hills

Whether it’s in music, fashion or real estate, Pharrell Williams’ style stands out. His Hollywood Hills home — a dazzling glass-covered compound known as the Skyline Residence — just listed for sale at $11.95 million. The Grammy-winnin...

LA Times: Elizabeth Banks Unloads Studio City Midcentury for $2.255 Million

The pair just sold their Studio City compound for $2.255 million roughly two months after listing it. That’s $170,000 shy of their original asking price but still $630,000 more than they paid for the property back in 2007, records show. Spa...

Fed’s Salt Cap Fuels Wealth Exodus from High-Tax States

Bank of America Global Research: In 2018, Low- and Lower-Tax States, Which Includes Fla., Gained $32 B More in Adjusted Gross Income than Higher Tax States. the Four States with Highest Average Salt Deductions Lost About 455 K People Compared t...

Wea Micro Market Report | Q4 2019

South Beach Building Near Joe’s Stone Crab Hits Market for $45M

Buyer could turn the rooftop terrace into a restaurant or bar An office building in the South-of-Fifth neighborhood of Miami Beach hit the market for $45 million. Property records show Yantra 119 LLC, led by Giulio Rangoni and Cinzia Zanella,...

Faena House trade tops weekly condo sales in Miami

Top 10 Sales Ranged from $1 M to $2.65 M Condo Sales Fell Following Miami Art Week. Condos last week sold for an average price of about $402,000 or $351 per square foot. A unit at Faena House marked the priciest sale of the week. Unit 5D, a ...

Kawhi Leonard Drops $6.725 Million on Penthouse Across from Staples Center

Los Angeles Clippers forward Kawhi Leonard will have a shorter commute to the Staples Center after buying a penthouse at the Ritz-Carlton Residences at L.A. Live for $6.725 million. The three-time all-star, who was previously seen scoping out ...

Pyramid-Shaped Malibu House Incorporates ‘Spiritual Elements’

A pyramid-shaped Los Angeles home hit the market on Dec. 4 for $2.29 million. The three-bedroom, three-bathroom home in Malibu sits at the top of Saddle Peak in the Santa Monica Mountains, according to the listing, with unobstructed views of t...