You are receiving this message because you have visited our site and requested to be contacted. If you no longer wish to be contacted, please use the removal link:Â REMOVE. | | | | Revolutionize Your Global Banking with SouthBanking! | | Discover the power of SouthBanking's innovative platform. Manage multi-currency accounts, digital tokens, and seamless international transactions with ease. Enjoy secure, efficient, and accessible global banking tailored to meet your needs. Whether for personal or business use, SouthBanking simplifies your financial operations and puts you in control. | | | | | A $20 Million Penthouse with Unmatched City Views | | | | No. 33 Park Row, an architectural marvel in Lower Manhattan, is home to this five-bedroom penthouse that offers unparalleled views of City Hall Park through 21-foot windows. Designed by renowned architect Richard Rogers, this luxurious duplex stands out as the pinnacle of modern city living.
Exquisite Design and Unobstructed Views The penthouse spans 5,403 square feet and features five bedrooms, five-and-a-half bathrooms, and over 100 square feet of exterior space. The expansive living areas are enhanced by radiant floor heating, while the floor-to-ceiling windows provide protected views of City Hall Park and iconic Manhattan landmarks. The building’s exclusive location ensures these views remain uninterrupted.
Sky-High Luxury Living This duplex epitomizes elite living, with dramatic 20-foot ceilings and two private elevator landings. The open-plan kitchen is a work of art, featuring a honed tundra marble island with waterfall edges, custom cabinetry, and high-end materials like Montclair Danby marble. The design maximizes natural light, creating a villa-like atmosphere in the sky.
Exclusive Amenities in an Intimate Setting No. 33 Park Row provides its residents with a boutique living experience complemented by luxury amenities such as a fitness center, rooftop terrace, and 24-hour doorman services. The building is ideally situated between TriBeCa, the Financial District, and the South Street Seaport, offering easy access to world-class shopping, art galleries, and renowned dining establishments. | | | | This $5.3 Million Rotating Mansion in San Diego is Truly One-of-a-Kind | | | | Listed for the first time ever, this extraordinary San Diego mansion offers a unique twist—literally. With the ability to rotate 360 degrees, the home provides sweeping, panoramic views that change with every turn.
Innovative Design with Spectacular Views The standout feature of this home is its rotating second floor, which rests on a steel track and can make a full rotation in just 33 minutes. Whether you want to enjoy the views quickly or at a more leisurely pace, the rotation can be adjusted to complete a full circle in up to 24 hours. As the house rotates, views of Mount Helix, downtown San Diego, and the Pacific Ocean are showcased through large floor-to-ceiling windows.
Spacious and Functional Living Spaces The property offers 5,300 square feet of living space, including four bedrooms and three-and-a-half bathrooms. The first floor and basement are stationary, featuring a recreation room, kitchenette, and two-car garage with 180-degree turntables for easy parking. Upstairs, the rotating level boasts a gourmet kitchen, office, and expansive living spaces. A 1,400-square-foot rotating deck allows for a one-of-a-kind outdoor experience, while a fixed terrace offers stability for those not seeking a rotating adventure.
A Technological Marvel with Luxury Comforts Designed with luxury and functionality in mind, this home is a technological marvel. The rotating feature not only provides stunning views but also maximizes sunlight exposure, ensuring every room is flooded with natural light. The combination of cutting-edge technology and upscale living makes this mansion a truly unique property. | | | | | | | | | | Fed Signals Rate Cut as Housing Market Holds Its Breath | | | | Central Bank Hints at Easing
At the Jackson Hole Symposium, the Federal Reserve signaled a potential policy shift that could bring rate cuts as early as September. Balancing inflation control with the need to support employment, the central bank’s stance has direct consequences for borrowing costs—and by extension, for the housing market.
Mortgage Costs Strain Buyers
Despite recent income growth, higher mortgage rates have stripped nearly $30,000 in purchasing power from typical households over the past six years. This pressure has reshaped demand, slowed price growth, and left many prospective buyers cautious. The average 30-year fixed mortgage rate recently held steady at 6.58%, offering some relief after years of volatility.
Builders Confront Uneven Demand
While housing starts showed a modest uptick in July, permits and completions remain down on an annual basis. Builders continue to rely heavily on incentives to attract buyers, though reports suggest a slight increase in traffic. Southern metros dominate new construction activity, with markets such as Fayetteville, Arkansas, leading the nation in affordable supply.
Luxury Market Stands Apart
High-end real estate continues to command extraordinary premiums. The nation’s priciest ZIP code, Fisher Island in Miami, reached a median list price of $11.9 million in July—over 27 times the national median. Across the country, the top 5% of homes list for around $5.5 million, while nearly 14% of all active listings exceed $1 million, underscoring the resilience of luxury demand.
What Affluent Buyers Should Watch
If the Fed delivers a rate cut, lower mortgage costs could unleash a late-year surge in activity. For high-net-worth buyers, stability in lending conditions may present opportunities to acquire premium properties before broader demand rebounds. As the market recalibrates, luxury real estate remains not just an asset, but a statement of permanence and exclusivity. | | | | Beverly Hills Home with Japanese Tea House Hits Market for $10.5 Million | | | | Located in Beverly Hills’ coveted 90210 zip code, this unique three-story residence offers a serene, zen-inspired lifestyle. With 4,864 square feet of living space, this four-bedroom, five-bathroom home is a sanctuary that combines modern luxury with traditional Japanese elements.
Serenity and Tranquility in Every Corner The minimalist façade and serene interiors create a peaceful environment, while the expansive property includes a lushly landscaped garden with traditional Japanese stone lanterns and calming water features. A Japanese tea house and an outdoor pool in the backyard provide a tranquil retreat. The home also offers skyline views, enhancing the overall ambiance.
Impeccable Design with Luxury Touches Inside, a neutral color scheme is complemented by sleek wooden walls and recessed lighting. The pristine, all-white kitchen is highlighted by a massive marble island, while large windows and a skylight flood the space with natural light. The stylish primary bedroom includes a private balcony, a fireplace, and breathtaking views of the surroundings.
Exclusive Amenities for Luxurious Living The residence offers a cozy home theater, perfect for private screenings or relaxation. The luxe primary bathroom features a stone-floored standing shower, a bathtub, and stunning views. A walk-in closet with custom wooden displays ensures ample storage for designer wardrobe essentials. | | | | $250 Million Bel-Air Estate Aims to Set New U.S. Record | | | | Located in the exclusive Bel-Air neighborhood, Casa Encantada is listed for $250 million, aiming to become the most expensive home ever sold in the United States. This Georgian-style mansion is a historic property with a storied past, making it a true architectural treasure.
A Storied History with Luxurious Renovations Originally built in the 1930s for a wealthy widow, the mansion has changed hands over the years, with notable owners including hotelier Conrad Hilton. A major renovation took place under the current owners, who tapped renowned interior designer and architect Peter Marino to restore the 40,000-square-foot estate.
Lavish Features and Expansive Grounds The mansion boasts 60 rooms, including a wine vault, screening room, and bar. The eight-acre grounds feature tennis and basketball courts, a koi pond, and beautifully landscaped gardens. The home’s luxurious restoration ensures that every detail has been meticulously crafted to perfection.
A Rare Gem in the Heart of Bel-Air With a price tag of $250 million, Casa Encantada would not only break records but also secure its place as one of the most opulent residences in America. Its history and exclusive features make it a once-in-a-lifetime opportunity. |
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