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. | | | | Reach Your Ideal Audience Today | | Position your brand at the forefront of elite finance and technology communities by partnering with Wealth Daily Newsletter.
Since its launch in July 2022, Wealth Daily has become a trusted resource for High Net Worth Individuals (HNWIs), Family Offices, Venture Capitalists (VCs), and Asset Managers navigating the complex landscapes of business, finance, technology, and AI.
With a highly engaged subscriber base spanning the U.S. and Canada, concentrated in financial and tech hubs like New York, Silicon Valley, and Toronto, advertisers gain direct access to affluent decision-makers who prioritize innovation, investment opportunities, and industry insights. Leverage this exclusive platform to connect with a discerning audience that values impactful messaging, exclusive events, and cutting-edge trends. | | | | | Iconic Estate in New Jersey Hits Market | | | | Exclusive Rumson Property on Sale A sprawling 7.4-acre estate in Rumson, New Jersey, has entered the market. This historic mansion, which has been in the same hands for decades, has rarely seen full-time residence. The grand property sits in an affluent coastal town and is the second estate that’s being sold in the area.
Recent Sale of Adjacent Property The estate's adjacent home was recently sold for $1.737 million to an NBA player. This marks the second high-profile transaction in the area. Both properties are part of a substantial property portfolio that the seller is parting with.
Privacy and Charm Combined The nearly 6,000-square-foot mansion boasts a wealth of privacy, thanks to the expansive grounds and natural tree cover. Built in 1917, the vine-clad structure is set back from the main road, ensuring tranquility. The property includes an outdoor pool, a guest house, and lush landscaping, perfect for those seeking both luxury and solitude.
Unlisted and Quietly Marketed Interestingly, the estate was never listed publicly, with a contract recently signed with a New York City investment professional. While the sale price has not been disclosed, local property records estimate the home’s value at around $3 million.
Continued Ownership of Other Properties Though the property is up for sale, the seller continues to hold significant real estate holdings, including a horse farm in Colts Neck and other residences in New Jersey, Florida, and Los Angeles. | | | | Mid-Century Modern Gem in Pasadena Purchased | | | | Architect-Designed Home Sells at Discount A beautifully designed mid-century modern home in Pasadena, California, has been acquired for $2.562 million. This four-bedroom, three-bathroom property, designed by famed architect R. Harold Zook, is nestled on 1.45 acres in the Linda Vista neighborhood and boasts panoramic views of the San Gabriel Mountains.
Home Features and Design Highlights The residence, completed in 1950, features floor-to-ceiling glass walls, allowing for abundant natural light and impressive outdoor views. Inside, an oversized copper hood takes center stage in the formal dining room, while a skylight illuminates the kitchen and study area. The home’s living spaces are thoughtfully arranged to promote flow and comfort, ideal for hosting guests or relaxing in solitude.
Discounted Price and Recent Sale Originally listed for $3.2 million, the price was reduced before the property was sold. The purchase was made shortly after the price cut, with an additional $80,000 discount negotiated.
Outdoor Oasis with Pool and Reflection Pond The outdoor spaces are just as remarkable, with a reflection pond wrapping around part of the home, lush landscaping, and a swimming pool. The pergola-covered patio adds a touch of elegance to the exterior, making the property a true entertainer's retreat. | | | | | | | | | | Detroit Renters Struggle with Crypto Property Chaos | | | | Crypto Real Estate Venture Faces Backlash A real estate company focused on tokenizing property ownership has sparked frustration among renters in Detroit, many of whom are living in deteriorating conditions with little recourse. The company, RealT, operates a unique fractional ownership model, selling portions of properties to investors, but some tenants are facing neglected maintenance issues and eviction threats.
Tokenization Meets Property Mismanagement RealT, based in Florida, has marketed its approach as revolutionary, allowing investors to own small stakes in properties for as little as $50 through cryptocurrency tokens. While this innovative method has attracted thousands of investors worldwide, it has also left renters in several cities, including Detroit, struggling with unresolved issues such as mold, broken appliances, and inadequate property management.
Unanswered Repair Requests and Eviction Notices In Detroit, where RealT claims to own over 1,200 units, residents have reported poor living conditions. Many tenants have complained about the lack of leases, difficulties in contacting property managers, and delayed repairs. Some, despite paying rent on time, have even received eviction notices. Others are unsure whom to pay rent to, given the decentralized ownership structure managed by a series of anonymous token holders.
Management Changes and Tenant Uncertainty A recent change in property management has only added to the confusion. New management, under the company New Detroit PM LLC, has failed to notify many tenants, leaving them unsure of their responsibilities. As eviction notices continue to be sent, the company has promised to work with tenants on payment plans and to resolve maintenance issues, though the process has been slow and challenging.
Company Responds to Backlash Despite the mounting complaints, RealT's founders have defended their record, attributing the problems to prior property managers who allegedly mismanaged funds. The company claims it is committed to resolving the issues, but tenants remain doubtful as they face continued uncertainty and poor living conditions. | | | | $20 Million Sag Harbor Waterfront Retreat | | | | Exclusive Contemporary Home with Beachfront Access Located in the heart of Sag Harbor, this 12,000-square-foot contemporary retreat offers an unparalleled lifestyle. Asking $20 million, this stunning property provides private waterfront access, two boat slips, and its own beach, perfect for luxury living year-round or as a summer escape.
Spacious and Stylish Design Designed by the award-winning Andre Kikoski Architect, the home spans three levels, including eight bedrooms and nine-and-a-half bathrooms. With expansive windows throughout, residents can enjoy unobstructed bay and bridge views, while the open-plan design ensures a seamless indoor-outdoor flow.
Top-of-the-Line Amenities The home features a rooftop terrace with spectacular sunset views and an outdoor kitchenette, ideal for entertaining. A private home gym, elevator, and four-car garage elevate the experience, offering luxury and convenience.
Elegant Interiors with Lavish Touches The first floor includes four guest suites, two with direct access to a porcelain terrazzo terrace. The primary suite is a private sanctuary, with access to a large deck, a soaking tub, a glass-enclosed shower, and an oversized walk-in closet.
Unique and Unmatched Location The property, part of a collection of luxury residences on West Water Street, offers a rare opportunity in one of the most coveted locations in the Hamptons. With its unbeatable blend of modern luxury and natural beauty, this home is a one-of-a-kind masterpiece. | | | | Timeless Brooklyn Townhouse with Modern Elegance | | | | Brooklyn Brownstone Blends Classic and Contemporary Nestled on a charming tree-lined street in Park Slope, Brooklyn, this meticulously renovated townhouse offers a seamless fusion of 19th-century grandeur and 21st-century sophistication. Priced at $12.75 million, this residence occupies an expansive lot, providing both private green space and a detached garage with a studio apartment above.
Historic Charm with Modern Flair Built in 1860, this Italianate-style townhouse has retained much of its historic elegance, including intricate millwork, original fireplaces, and grand arched windows. The home spans four floors, a basement, and a cellar, with five bedrooms, three bathrooms, and two powder rooms. Modern updates, however, introduce clean lines and sleek finishes, creating a living space that's both functional and luxurious.
Spacious Layout with Expansive Courtyard The expansive private courtyard is surrounded by tall brick walls, offering an oasis of tranquility in the heart of the city. The ground floor boasts a spacious living area with bay windows, an arched entry door, and an original fireplace. The dining room, with its charming bar area, leads into a modern, eat-in kitchen that centers around a massive marble island. Large glass windows frame the view of the courtyard, flooding the space with natural light.
Versatile Studio Above Detached Garage A lofted walkway connects the courtyard to a studio/office space above the two-car garage. This area is perfect for a guest suite, live-in staff, or as a private gym or hobby space. The studio also boasts a small private terrace, further enhancing its appeal.
Elegant Primary Suite with Luxury Bath The entire second floor is devoted to the primary suite, featuring a light-filled bedroom with multiple exposures, an alcove seating area, a large walk-in closet, and a serene bathroom complete with a freestanding bathtub and a fireplace. The top floor offers additional bedrooms, along with a children’s playroom, providing ample space for a growing family. |
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