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. | | | | | Exclusive Tennis Oasis Hits the Market for $5.5 Million | | | | A Luxurious, Multi-Home Compound in La Quinta Located within the prestigious gates of La Quinta Country Club, a $5.5 million property is now available for those seeking privacy, luxury, and proximity to world-class amenities. This expansive compound boasts five separate homes, each featuring private driveways, garages, and individual addresses. With three three-bedroom homes and two two-bedroom homes, the compound offers unparalleled space and comfort. This secluded estate is ideal for accommodating large families, private getaways, or a full security detail.
A Legacy of Luxury: Designed for Tennis Enthusiasts The property was designed with a passion for tennis at its heart. The owner, inspired by his friendship with tennis legend Jack Kramer, envisioned a "tennis oasis" that centers around a professionally designed, lighted tennis court. Unlike most estates, the court is not tucked away at the edges of the property, but rather positioned centrally, surrounded by all five residences.
Private, Peaceful, and Perfect for Entertaining The homes on the estate feature elegant interiors, with contributions from renowned Palm Springs designer Donald Lloyd Smith, known for his work with high-profile clients. Guests will enjoy the sophisticated, yet inviting atmosphere throughout the property, with plenty of space for entertaining, relaxing, or enjoying the stunning Coachella Valley views. The estate also includes a large pool, hot tub, and an abundance of citrus trees, adding to the serene environment.
A Family Retreat with Timeless Appeal Initially built as a family retreat more than 40 years ago, the estate remains a private haven, having been enjoyed by three generations of the Buettner family. However, the property is now being sold as the family finds it increasingly difficult to gather at the sprawling compound.
For those seeking an estate that offers both luxurious living and access to world-class amenities such as golf, tennis, and entertainment, this exclusive compound is an opportunity not to be missed. | | | | 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 Grey Gardens Hits the Market for $20 Million | | | | A Storied East Hampton Estate Grey Gardens, the historic East Hampton property that inspired a documentary, HBO movie, and Broadway musical, is now available for purchase for nearly $20 million. Nestled on approximately 1.7 acres, the three-story shingle-style home spans about 6,000 square feet and boasts captivating ocean views from some of its rooms. This property, located just a short walk from Georgica Beach, has been an iconic retreat for many years.
Restoration to Glory Originally built in 1897, the house was in disrepair when it was purchased decades ago, but it was meticulously restored. The owners, a renowned journalist and her late husband, dedicated significant effort to bringing the house back to life, investing hundreds of thousands of dollars in renovations. They retained much of the property’s original charm while incorporating modern touches like a swimming pool and tennis court.
A Unique Piece of History Grey Gardens has long been a part of American cultural history, largely due to its connection to “Little Edie” Beale and her mother, who were featured in a famous 1975 documentary that highlighted their isolation in the decaying estate. Since then, the property has become a symbol of both tragedy and beauty. The house is now on the market for the first time in many years, and while the seller has cherished the memories created there, she is ready to move on to the next chapter of her life.
A Rare Opportunity For prospective buyers, this property offers more than just a home; it provides a connection to one of the most storied estates in American culture. The house's rich history, stunning location, and potential for future generations make it an unparalleled opportunity for those seeking a piece of luxury with a deeply ingrained legacy. | | | | | | | | | | Zoning Laws Stifle Housing Growth in America’s Blue States | | | | A Legacy of Restrictive Regulations In January, following catastrophic wildfires in Los Angeles, California Governor Gavin Newsom took unprecedented steps to address the state's housing crisis by suspending environmental reviews and expediting the permitting process. These emergency measures, aimed at rebuilding homes in the wake of disaster, led to a critical realization: if removing regulations was necessary to rebuild, why were such regulations in place to begin with?
The root of this issue lies in a long-standing regulatory framework that has made it exceedingly difficult to build new housing, particularly in progressive states like California. Over the last century, zoning laws and building restrictions have created a system designed to restrict growth, often favoring affluent residents and limiting opportunities for others.
How Zoning Created Housing Stagnation Zoning laws, initially established to maintain order and segregate land uses, quickly became tools for exclusion. In the early 20th century, land use was tied to race and class, with restrictions aimed at keeping lower-income and minority populations out of more affluent neighborhoods. These zoning laws were justified as necessary for maintaining the aesthetic and social fabric of communities, but in practice, they served to limit access to affordable housing.
By the 1970s, as the state of California faced rapid growth, new generations of reformers pushed for stricter zoning regulations to preserve open spaces and prevent "sprawl." This move, while intended to protect the environment, ended up further limiting the construction of new housing. In the decades that followed, these laws grew increasingly complex, with local communities gaining more power to challenge new development, creating an environment where building new homes became nearly impossible.
The Consequences of Stagnation As a result of these restrictive zoning laws, home prices have soared, particularly in high-demand areas like California. The lack of new construction has exacerbated housing shortages, pushing many lower-income residents out of the state in search of affordable living. The situation has reached crisis levels, with California losing residents annually, many of whom are priced out of their own cities. The economic costs of this stagnation are staggering, with estimates suggesting a loss of $1.8 trillion in GDP every year due to limited mobility and housing availability.
A Call for Reform The growing consensus, spanning political ideologies, is that the housing crisis cannot be solved without addressing the underlying issue of outdated zoning laws. While the complete dismantling of all regulations is not the solution, a streamlined approach that balances environmental concerns, neighborhood livability, and housing growth is necessary. By simplifying and standardizing regulations, it may be possible to increase housing supply, lower costs, and restore mobility, allowing people to pursue new opportunities in high-demand areas.
The Path Forward for Housing Policy Governor Newsom’s emergency measures may provide a blueprint for broader housing reform. By recognizing that outdated regulations often impede progress, it’s possible to create a more inclusive, accessible housing market. The future of American housing depends on the willingness to reform policies that have long favored privilege over opportunity, thus restoring the social mobility that has been lost in many blue-state regions. | | | | Iconic Casa Kuderna Hits the Market for $5.5 Million | | | | A Modernist Masterpiece in Hollywood Hills Tucked away on a private street in the prestigious Hollywood Hills, Casa Kuderna, a stunning example of midcentury-modern architecture, is now available for $5.5 million. Originally designed by self-taught architect Craig Ellwood, this steel-framed and glass residence offers unmatched privacy and serenity. Located on nearly three-quarters of an acre, this home provides breathtaking vistas of the city, canyons, and iconic landmarks.
Restored to Perfection First commissioned in 1956 for corporate illustrator Charles Kuderna, Casa Kuderna has undergone a careful restoration and renovation, preserving its original charm while incorporating modern upgrades. The current owners, who acquired the property in 2018 for $1.8 million, enlisted the expertise of Philippe Naouri of Maison d’Artiste to ensure the home’s integrity was maintained using the original architectural archives. The result is a home that seamlessly blends historical significance with contemporary elegance.
Luxury Living with Guest Accommodation The two-bedroom, two-bath main house features an open-concept layout with hand-poured terrazzo floors, walnut-clad walls, and expansive glass windows that invite natural light and panoramic views. A guest apartment sits above the two-car carport and boasts a one-bedroom, one-bath layout with a kitchenette. Guests can access the apartment via a striking yellow spiral staircase that adds a vibrant touch to the home’s design.
Indoor-Outdoor Flow and Modern Amenities At the heart of the home, the living room is anchored by a restored brick and steel fireplace, complemented by floor-to-ceiling sliding glass doors that open to a central courtyard, enhancing the home’s indoor-outdoor flow. The updated kitchen is equipped with top-tier Sub-Zero and Wolf appliances, perfect for culinary enthusiasts. The en-suite primary bedroom offers custom closets and direct access to the outdoors, where a tree-lined yard features a stunning lap pool and multiple spaces designed for entertaining and relaxing.
Bonus Lot with Plans for Expansion An added bonus to this offering is the adjacent vacant lot, which comes with architectural plans for a 2,300-square-foot expansion. This presents an exciting opportunity for further development, whether for additional living space or leisure amenities. | | | | Luxurious 9-Bedroom Penthouse at The Apthorp Listed for $26 Million | | | | An Iconic Manhattan Address Located in the heart of the Upper West Side, The Apthorp stands as one of Manhattan's most sought-after addresses. This grand, Italian Renaissance Revival-style building occupies an entire city block and was originally designed as a residential hotel by the renowned architecture firm Clinton and Russell in 1908. Over the years, The Apthorp has been home to numerous high-profile tenants, offering the kind of luxury and exclusivity that few residences in New York can match.
The Ultimate in Luxury Living Recently hitting the market for $26 million, the newly listed combination condo at The Apthorp is an unrivaled residence that offers an extraordinary 8,557 square feet of living space. Located on the second floor, the apartment spans across three units and features nine bedrooms, eight bathrooms, and two powder rooms. This apartment is the largest private residence ever offered in the building, making it the epitome of luxury living.
A Blend of Historic Elegance and Modern Comfort The interior of the residence is a blend of historic pre-war grandeur and modern luxury. Classic details such as stately columns, marble fireplaces, and soaring 11-foot ceilings with restored crown molding retain the building's timeless appeal. The spacious apartment includes multiple gathering areas designed for entertaining, such as a formal dining room, a family room, and a reception area with a beverage bar. Herringbone-pattern oak floors add warmth and elegance, while large windows allow natural light to flood the rooms, creating an inviting atmosphere.
Top-of-the-Line Amenities and Privacy The apartment’s kitchen is a standout feature, large enough for a breakfast table and equipped with floor-to-ceiling cabinetry, marble countertops, and a cozy breakfast nook. For added convenience, the kitchen includes a pantry with a separate entrance for staff. The layout of the residence provides both open spaces for entertaining and private areas for relaxation, with hidden pocket doors that ensure privacy when desired. The primary bedroom suite boasts a spacious walk-in closet and luxurious en suite bathroom.
Exclusive Amenities at The Apthorp Living at The Apthorp means enjoying not only an exquisite home but also a range of world-class amenities. The building has recently unveiled a 6,500-square-foot amenity space, featuring a spa, gym, yoga studio, children’s playroom, bar, and media room, ensuring that every resident’s needs are met with the highest level of service and luxury. |
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