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 $30 Million Greenwich Village Townhouse with a Backyard Worthy of the Berkshires | | | | The Greenwich Village townhouse at 114 Waverly Place has undergone a remarkable transformation. Originally built in 1826, it was recently reimagined into a stunning, contemporary residence with a lush backyard that could rival the serene landscapes of the Berkshires.
A Timeless Exterior With Modern Charm Once recognized for its bright-pink facade, this townhouse now boasts a refined yellow exterior, offering a more subtle street presence while retaining its undeniable charm. The building, which was originally the home of a renowned actress, has been carefully restored with attention to detail while preserving its historical elements.
Spacious Interiors That Blend Modern and Classic Design This four-story home offers a luxurious 6,800 square feet of interior living space, with five spacious bedrooms and a vast 1,700 square feet of outdoor space. The interiors are a perfect blend of modern luxury and historic touches, featuring Venetian plaster, custom millwork, and reclaimed-wood flooring throughout.
The Ideal Backyard for Urban Living The backyard, a true standout, includes mature trees transplanted from the Berkshires, creating an oasis right in the heart of Greenwich Village. This green space offers a rare, tranquil escape in the city.
Impressive Amenities for the Discerning Buyer Highlights of the home include a high-speed elevator, a primary suite with a fireplace and a massive dressing room, and a grand ballroom on the fourth level with soaring 22-foot ceilings. The space also opens to a roof terrace with breathtaking views of New York City. This exceptional property is currently on the market for $30 million, offering an unparalleled combination of historic elegance and modern luxury. | | | | A $28 Million Connecticut Waterfront Mansion with an Extraordinary Wine Cellar | | | | This stunning Greenwich, Connecticut, estate combines classic elegance with modern luxury. Once owned by a prominent local figure, the property has been completely reimagined into a sprawling modern retreat, complete with a state-of-the-art wine cellar and expansive waterfront views.
An Unbeatable Waterfront Location The property is located above Indian Harbor, sitting on nearly two acres with 292 feet of private waterfront. The grounds feature a boathouse, floating dock, and an outdoor deck designed for entertaining. A two-bedroom guest cottage adds even more appeal to this remarkable compound.
Sleek Modern Interiors Inside, the estate spans 11,465 square feet, offering seven bedrooms and 11 bathrooms. The home is designed with an open, airy layout, featuring floor-to-ceiling windows that flood the space with natural light. The showpiece of the home is the glass-walled kitchen, which opens to an alfresco dining area on a covered terrace, perfect for enjoying coastal views.
Exclusive Amenities for the Ultimate Lifestyle The luxurious primary suite includes a private balcony, hot tub, and a marble-clad bathroom. The lower level of the estate features a dine-in, temperature-controlled wine cellar with capacity for up to 1,200 bottles, as well as a movie theater that doubles as a sports simulator room.
Wellness and Recreation at Your Doorstep For those focused on wellness, the estate also includes a dedicated wellness center complete with a gym, steam room, sauna, and outdoor pool. The property’s expansive grounds also feature an on-site tennis court, making it the ultimate retreat for those seeking relaxation and recreation.
This magnificent estate is currently listed at $28 million, offering the ultimate in luxury living on Connecticut's stunning coastline. | | | | | | | | | | Trump Opens Door for 401(k) Real Estate—Here’s What Investors Should Expect | | | | Private real estate could soon find its way into retirement accounts, but the reality may look far different from the hype.
Private Investments Enter the Retirement Stage
A new executive order signed by President Donald Trump earlier this year paves the way for alternative investments—including private real estate—to be added to 401(k) retirement plans. For high-net-worth investors, the move sparks intrigue: greater portfolio diversification and the allure of returns less tied to Wall Street’s swings.
A global survey by Schroders revealed that over 70% of retirement investors believe private investments would enhance their portfolios, with more than half willing to allocate at least 10% to such opportunities.
Liquidity: The Critical Hurdle
Yet, while investor enthusiasm runs high, experts caution against overinflated expectations. Retirement plans are built around two non-negotiables: liquidity and transparent valuations. These qualities allow investors to rebalance and withdraw when needed—yet private real estate often locks up capital for years and relies on valuations updated only quarterly or annually.
Publicly traded REITs, already available in many 401(k) plans, bypass this problem with daily valuations and exchange-traded liquidity. Private real estate, however, remains less flexible, raising questions of how easily investors could reallocate their portfolios.
What Private Real Estate in 401(k)s Might Look Like
If private real estate does make its way into retirement plans, the offering will likely be modest—a curated selection of private REITs rather than direct stakes in trophy assets. These options would provide diversification but may not deliver dramatically higher returns than their public-market counterparts.
The more lucrative opportunities—low-liquidity, high-return strategies—will likely remain out of reach for retirement accounts.
Why Investors Are Still Paying Attention
Despite the constraints, the case for private real estate is strong. Research shows it carries little correlation to stocks and even negative correlation to investment-grade bonds, offering a true hedge in volatile markets.
History reinforces the argument: in nearly every year the S&P 500 lost ground since 1980, private real estate delivered positive results—2008 being the lone exception. Add to this its consistent outperformance of inflation over the past two decades, and the appeal for long-term retirement planning becomes clear.
Strategies for Maximizing Tax Efficiency
Tax considerations also play a crucial role. Experts suggest private real estate debt may be the smarter fit for a tax-deferred 401(k) wrapper, given that debt income is taxed at higher ordinary income rates. By contrast, real estate equity—ownership of income-producing assets—often benefits from depreciation and other deductions, making it more tax-efficient outside a retirement account.
The Road Ahead
While the executive order doesn’t mandate immediate inclusion, it signals a shift. Implementation details will fall to the Department of Labor, Treasury, and SEC, which could issue new rules around valuations and investor access.
For now, affluent investors eyeing retirement diversification should prepare for limited private-market offerings, leaning more toward debt structures or private REITs. The opportunity may not be revolutionary, but for those looking to balance risk, returns, and tax efficiency, it could be a timely new tool. | | | | A Historic $25 Million Carriage House in NYC with Unmatched Features | | | | An Iconic Carriage House Transformed into Luxury Living Nestled on the Upper East Side, this exceptional carriage house, once owned by the Morgan family, has hit the market for $25 million. Originally built in 1908, this fully renovated townhouse spans five floors and boasts 7,500 square feet of living space, combining historical charm with modern sophistication.
A Glimpse into History: The Morgan Legacy While the Morgan family never lived here, the carriage house served as the residence for their staff and a private garage for their motor cars, including the first Model T Ford. Designed for automobile repair, the home has retained several historical features, including a spacious great room with 14-foot ceilings and a wood-burning stove, once the car garage.
Modern Living Meets Historic Charm This spacious townhouse includes five bedrooms, four full bathrooms, and four half-bathrooms. The home has been completely rebuilt, incorporating modern amenities such as an elevator that serves all floors, including the rooftop terrace. The former car repair room now serves as the dining room, preserving the original skylight and sliding metal doors, offering a fascinating glimpse into the house’s storied past.
Designed for Entertaining The house features multiple terraces, with the stunning rooftop level offering a glass-walled penthouse media room, ideal for relaxation and entertainment. The landscaped terraces provide privacy, creating an oasis above the bustling city below. The primary bedroom is located on the third floor, offering a spa-like bathroom and expansive views.
A True Urban Retreat With its sophisticated design and historical elements, this townhouse is a rare gem on New York's Upper East Side, offering luxury and privacy in an iconic setting. | | | | Rent Richard Neutra’s Landmark Bonnet House for $9,000 a Month | | | | Live in a Mid-Century Modern Icon For architecture lovers and design enthusiasts, the Bonnet House, a Richard Neutra masterpiece, is now available for rent in Los Angeles for $9,000 a month. This two-bedroom residence, built in 1941, is a true testament to Neutra’s vision, seamlessly blending into the natural landscape of the Hollywood Hills.
A Landmark in the Hollywood Hills Nestled on a sloping site, the Bonnet House has been designated as a Los Angeles Historic-Cultural Monument. The structure, built from redwood, features a unique angular design that mimics the incline of the terrain, offering spectacular canyon and city views. While Neutra is known for his flat-roof designs, this house stands out with its bold, geometric form.
Mid-Century Modern at Its Best The interior of the home preserves much of its original charm, including wood-paneled walls, ribbon windows, and two fireplaces. Updates to the plumbing, electrical systems, and HVAC ensure comfort while maintaining the home’s historical integrity.
An Ideal Setting for Modern Living The primary suite features floor-to-ceiling glass and a rounded fireplace, bringing the outdoors in. The home also offers a gourmet kitchen, updated with sleek marble countertops, cork flooring, and stainless steel appliances, staying true to its 1940s origins.
A Secluded Retreat in LA This architectural gem offers a rare opportunity to live in one of Neutra’s most iconic designs, nestled in the heart of the Hollywood Hills. |
|
|
