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The fight to curtail so-called megamansions was picked up recently by Realtor.com. They say the colloquial square footage "horse" has "already left the barn," adding the caveat that the typical American home size has increased by 150% between 1980 and 2018. Some other choice takeaways... View full entry
Alleging an "abuse of power" by Los Angeles city officials, the owners of Marilyn Monroe's former Brentwood home are suing the city to block an effort to have the structure declared a historic-culture landmark, which would prevent its demolition.
The Los Angeles Superior Court lawsuit [...] alleges "illegal and unconstitutional conduct" by the city "with respect to the house where Marilyn Monroe occasionally lived for a mere six months before she tragically committed suicide 61 years ago."
— NBC Los Angeles
The LA Times (which has been reporting on the story since January of this year when the Los Angeles Cultural Heritage Commission recommended landmark status for the former Monroe residence) writes that the lawsuit was filed by billionaire heiress Brinah Milstein and her TV producer husband Roy... View full entry
Eric Owen Moss’ first residential design in Los Angeles, the 1991 Constellation 167 home in Brentwood, has hit the market courtesy of Sotheby’s International Realty for a listed price of $10.95 million. The home had previously been listed by Compass and Sotheby’s for $12 million last fall... View full entry
[...] property in the unincorporated community near Glendale has once again resurfaced for sale, per TMZ, this time asking a speck under $7 million.
That’s still a lot more than the $4.3 million Balzary paid contemporary artists Lari Pittman and Roy Dowell for the place in 2018, but it does include an 875-square-foot addition that was installed on the land in 2021, as well as a pool and cabin that were tacked on in 2020.
— Robb Report
As we wrote in 2022, the Red Hot Chili Peppers bassist listed the property asking $9.8 million, having purchased the property four years previous for $4.3 million. The Michael Maltzan-designed complex contains an outdoor movie pavilion, a redwood cabin, and a smaller two-bedroom house... View full entry
Kanye 'Ye' West has reportedly reduced the price of his previously listed Tadao Ando-designed home in Malibu, California, to $39 million, according to Realtor.com. The new price is substantially lower than both the original $53 million listing and the $75 million price tag it carried in... View full entry
Designed by Pritzker Prize-winning Tadao Ando, the house features a concrete exterior in keeping with the acclaimed architect’s streamlined brutalist ethos. In the couple of dozen months that Ye has owned the property, the music performer and designer removed the home’s interiors, leaving it essentially gutted.
Now, instead of renovating the four-bedroom beachfront house on Malibu Road, Ye has decided to sell it, with a price tag of $53 million (he’s listing it at a loss).
— The Hollywood Reporter
Post-divorce Ye apparently contracted a gut renovation that left Ando’s original 2013 design looking more like “a bomb shelter from the 1910s” in the year leading up to its new listing. That endeavor ended in a $1 million lawsuit brought forth by its project manager over dangerous working... View full entry
Pininfarina has designed a 45-story oceanside tower in Fort Lauderdale, Florida. Developed by Related Group with CFE Architects as the architect of record, the Andare Residences condominium tower contains 163 residential units. Image credit: Related Group / Pininfarina The 540-foot-tall tower was... View full entry
In a colossal real estate move, Jay-Z and Beyoncé have purchased an extravagant vacation home in Malibu for a record-breaking $200 million, as reported by Dirt. The sale price ranks as the most ever paid for a California home and the second-most paid for a U.S. residence, behind the... View full entry
To say the last few months have been life-changing for Edwin Castro would be putting it mildly. In November, he bought a winning Powerball lottery ticket at a Mobil gas station in the Los Angeles suburb of Altadena. Last month, he finally claimed his record-shattering prize, taking home a $997.6 million lump sum before taxes. Less than 30 days later, he’s the proud owner of one of the flashiest new mansions in the star-studded Hollywood Hills. — Dirt
Castro purchased the mansion for $25.5 million, a discount from the property’s initial ask of $29.95 million. According to the Los Angeles Times, this is the most expensive sale in the Hollywood Hills this year and one of the neighborhood’s priciest ever. The home was built in 2022 by luxury... View full entry
An eye-catching new landmark of an architecturally changed community is now up for grabs after designer Tomas Osinski’s Invisible House hit the market in Joshua Tree, California, for $18 million. Image courtesy Aaron Kirman Group The mirror-clad 5,490-square-foot home was completed with the help... View full entry
High rollers in the most expensive residential market in the country now have the chance to own its highest-elevated piece of real estate as the penthouse apartment in Adrian Smith + Gordon Gill's record-breaking Central Park Tower is now up for sale in Manhattan. The asking price for... View full entry
Construction has begun on an ODA-designed residential tower along New York City’s Billionaire’s Row. The 175,000-square-foot building will sit at 126 East 57th Street, comprising 175 units. Nearly all of the residences will have private outdoor terraces, creating a pixelated effect across the... View full entry
Michael Eisner is chasing a record on the bluffs of Malibu, listing his prized oceanfront compound for $225 million. If he gets his price, it’ll be the most expensive home sale in California history. — The Los Angeles Times
Much of the nine-building compound was designed by one of Eisner’s personal favorites Robert A.M. Stern in the 1990s and would considerably usurp Jeff Bezos’ $165 million Bel Air home acquisition, the $150 million Chartwell Mansion deal from 2019, and a nearby property owned by hedge... View full entry
A milestone development on the way to what is one of the most anticipated new openings of the year as the exteriors have been completed on SHoP’s award-winning 111 West 57th Street supertall tower in Midtown Manhattan. Once completed, the building will stand as the second-tallest... View full entry
The mega-mansion known as “The One” sold Thursday for $126 million at a bankruptcy auction. That’s a huge discount from its $295-million listing price, even with a 12% auction fee bringing the total to about $141 million.
Concierge Auctions, which handled the sale, said its auction site drew views from 170 countries, including Australia, the United Kingdom, Germany, France and Italy — and generated some 2,800 prospects.
— Los Angeles Times
Developer Nile Niami had said during its construction that he hoped to someday see the 105,000-square-foot megamansion sell at a price point around $500 million. The One eventually went into default and was last seen in October when it was placed under receivership by the county. Previously on... View full entry
