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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
Miami is now number one on a list of the most expensive areas to own a home in the United States according to statistics published in the industry blog The Real Deal. The city surpassed New York and Los Angeles in the February edition of RealtyHop’s Housing Affordability Index on the wings of a... View full entry
Michael “Flea” Balzary no longer has any need for his funky architectural digs tucked away in the La Crescenta foothills. The Red Hot Chili Pepper bassist has now officially listed the pedigreed property in the unincorporated community near Glendale, asking a hefty $9.8 million for the one-of-a-kind refuge he picked up for $4.3 million almost four years ago. — Dirt.com
Flea purchased the Michael Maltzan-designed complex, which includes an outdoor movie pavilion, redwood cabin, and smaller two-bedroom house Richard Neutra designed for his secretary Dorothy Serulnic, from artists Lari Pittman and Roy Dowell in June of 2018. Engel Studios, Cameron Carothers... View full entry
The opulent Sicilian castle featured in the third installment of The Godfather franchise has just gone on the market. For a cool €6m prospective buyers can expect 22 bedrooms, eight bathrooms, a wine cellar, an artist’s studio, a library, a private chapel and 2.1 acres of parkland. — The Art Newspaper
The fate of the sizable art collection located inside the house remains an important (and much more valuable) question as so far only the in situ works that exist in the house have been confirmed included in the sale. The manse was commissioned as a collector’s de facto private museum by a Baron... View full entry
The developer behind 432 Park Avenue on New York’s Billionaire’s Row has hit back at a lawsuit alleging design defects. As reported by The Guardian, LA-based CIM Group calls the claims within the lawsuit “vastly exaggerated” in their response filed this week to the New York state supreme... View full entry