Mansion Global Daily: Big Apple Opportunity, Finnish Residential Real Estate Sales Set to Fall 10% in H1 2022, and More


There is a window of opportunity for buyers of Manhattan Pied-à-Terres to strike a deal

With less demand and rising prices for studios and one-bedroom apartments, the borough’s smaller apartments have a big advantage right now. Read more

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In British Columbia, Canada, a huge ranch of nearly 6,000 acres is asking for C$23.8 million

Four Hearts Ranch has eight homes, private lakes, and expanses of forest and hills. Read more

NEIGHBORHOOD NOTES


Bronte, a Sydney seaside suburb, offers laid-back living and luxury properties

The family-friendly neighborhood, which offers California-style bungalows alongside Italian villas, has seen a surge in demand amid the pandemic. Read more

NEWS

Casino mansion on Australia’s Gold Coast hits the market for A$20m

A mansion with a casino on Australia’s Gold Coast is set to hit the market for more than AU$20 million (US$13.8 million), after selling for AU$11 million in December. Located in the Sovereign Islands, the home had been on and off the market since 2010, and the current owners have reached an agreement, they said. Paul England, owner of national company Spas Direct, and his wife, Kim, updated the mansion, which had been vacant for some time. One addition is the casino, with a bar, full-size gaming tables and designer chairs and gaming chips. “It’s just kinda fun, but it’s a great place to throw a party,” said declared Mr. England. real estate.com.au

Britain’s architectural leaders join forces to set a new standard for ‘Net-Zero’ buildings

Industry leaders in the UK, including the Royal Institute of British Architects, are working together to create a new standard for net-zero carbon buildings in the country. The initiative, dubbed the UK Net Zero Carbon Buildings Standard, aims to clarify what “net-zero” really means, establish “a clear demand for a single, agreed methodology” and encourage industry to decarbonise to help the UK to meet its 2035 and 2050 emissions targets, according to the institute. “Working together, we will address the current ambiguities around the widely used term and develop a common understanding, based on clear performance goals, to support everyone involved in sourcing, designing, building and operating of buildings,” said its chairman, chairman, Simon Allford. Dezeen

Finnish residential real estate sales are expected to fall by 10% in the first half of 2022

Home sales in Finland are expected to drop 10% by July, according to the Mortgage Society of Finland. In addition to inflation, other reasons for the slowdown include house price increases, which are expected to be around 1.5% in 2022 and 0.5% next year, as well as the uncertainty created by the war. in Ukraine. Helsinki timetables

Renovated Palm Beach mansion that once housed Ivana Trump sells for $73 million

A waterfront mansion in Palm Beach, Florida that once housed Ivana Trump has sold for nearly $73 million. Originally designed by famed Florida architect Addison Mizner, the sellers of the Mediterranean-style home – fashion designer Tomas Maier and her husband, businessman Andrew Preston – received a Robert I. Ballinger Award in 2019 for their restoration of the 1926 residence. The couple bought the property from Mrs. Trump in 2014 for $16.6 million, selling the house for more than four times what they paid. The buyer was a limited company, Baloobeach, registered in Delaware. The real deal

AROUND NEWS CORP

This California Home Will Make You Forget Everything You Know About Traditional Beach Design [The Wall Street Journal]

These are the most and least affordable real estate markets in the country [Realtor.com]

Inside the most luxurious new trophy towers launched this year in New York [New York Post]

Top Red Flags for Buyers Considering Off-Plan Apartments [news.com.au]

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