Byron Allen sells unit inside NYC's 220 Central Park South for $82.5M
The media mogul bought the 6,600-square-foot unit in 2023 for $75M, and has clinched a healthy profit in an off-market deal. He also owns a smaller unit in the building
by Lillian Dickerson Mar 10
Ken Griffin sells Chicago penthouse half price at $11M
The Citadel CEO has been offloading his Chicago properties as he continues to separate from the Windy City and put down more roots in Miami, where he and his company relocated in recent years
by Lillian Dickerson Oct 22
Alexander brothers rape allegations draw scrutiny from FBI
Women who claim to be victims of the Alexander brothers, or witnesses to alleged assaults, have been approached by agents from an FBI task force, 'The Wall Street Journal' reported Tuesday
Billionaires' Row penthouse goes under contract for over $100M
The duplex at Central Park Tower marks one of the rare deals in New York City that has commanded 9 figures in recent years. When it was first listed in early 2023, the unit asked $175M
by Lillian Dickerson Jan 18
Can an LA condo set a $50M record? Agents say, why not?
LA's luxury condo market has never seen a sales price above $35M. But some agents say that under the right conditions, a condo could sell for more — and it soon may be just the right time
by Lillian Dickerson Dec 15
Major real estate players push back against Florida's foreign buyer ban
Lobbying group the Real Estate Roundtable, which represents the interests of investors like Blackstone, is appealing to state legislators to amend Gov. DeSantis' foreign investment ban
by Lillian Dickerson Dec 12
Once-priciest home in US slashes ask by a hefty $55M
The Central Park Tower penthouse, developed by Extell and Shanghai Municipal Investment, initially asked $250M. The property is currently the tallest residence in the world
by Lillian Dickerson Sep 15
The 20 biggest residential real estate transactions of 2023 (so far)
Luxury buyers have been hot on Palm Beach, with 7 of the year's top 20 deals coming out of the luxe South Florida market. Overall, this year's list shows buyers' thirst for trophy properties
by Lillian Dickerson Jul 31
Amid the steel and glass, a warmer, fuzzier Billionaires' Row emerges
As Billionaires' Row continues to reshape Manhattan's skyline one 'supertall' at a time, agents say a new class of buyer is gradually reshaping the demographics of New York's most exclusive block
by Lillian Dickerson Jul 21
William Lauder buys Rush Limbaugh's Palm Beach estate
The $155M deal marks a new record price for the market of Palm Beach where the priciest deal previously went to hedge funder Ken Griffin's purchase of 4 parcels for $129.6M in 2013
by Lillian Dickerson Mar 13
A home touted as the priciest in the US a decade ago returns to market
A Connecticut estate made headlines in 2014 when it sold for $120M, making it America's priciest home sale at the time. Now its owners are giving it a shot on the market for $30M more
by Lillian Dickerson Feb 10
Here are the 30 most expensive home sales of 2022
The luxury real estate sector faced its ups and downs as the market entered a period of significant transition, but that didn't prevent luxury clients from making some stellar deals
by Lillian Dickerson Dec 30
Palm Beach's sole private island lists for $218M, poised to break records
If the island, which includes a 21,406-square-foot mansion, sells close to its asking price, it will easily set a record for Palm Beach sales and come just shy of the national record
Billionaires' Row penthouse goes for a hefty $72M
The full-floor penthouse at 220 Central Park South sold in an off-market transaction that marks one of Manhattan's biggest deals of the year
St. Regis Chicago duplex deal marks priciest of the year for Windy City
The unidentified buyer of units on the 71st and 72nd floors of the Residences at the St. Regis Chicago inked the deal for $20.56M, a far cry from Chicago's priciest transaction of all time
by Lillian Dickerson Sep 26