Luxury Home Builder Offer Inner City Homes

May 8, 2009
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Luxury home builder Albi Homes Ltd. has set its eyes on the building of infill homes in one of the developed communities in Calgary. While Albi Homes still operates in Calgary’s luxury home market it has decided to deviate and give in to the high demand from home buyers who are requesting the company to build infill homes. Albi has a successful history in the building of inner city communities including Elbow Park, Rosscarrock, Lake Bonavista and Altadore.

Albi Homes President and Managing Partner Allen Klassen they have received a volume of requests so they are developing a team to focus on this unique market opportunity which will help their customers…

Helmsley’s Greenwich Mansion At 40% Off

April 23, 2009
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If you want in on one of the most prestigious addresses in Greenwich then grab the chance to buy the Helmsley’s Greenwich Mansion at a mind-boggling discount of 40%. Yes, you heard that right—the Mansion is up for grabs and is on sale.

The Helmsley’s Greenwich Mansion was originally listed in 2008 at $125 million and is on sale at a 40% discount. The Mansion is popularly known as the Dunnellen Hall owned by the late hotelier Leona Helmsley. The property is located along 521 Round Hill Road. David Ogilvy & Associates, the property’s listing agent, said the 40-acre property is now being sold for $75 million from the former selling…

A Different Kind Of Condominium

April 2, 2009
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If you think that a condominium is a cold industrial place then you haven’t seen this place. It looks like the ordinary glass-front condominium suites from the outside but inside is another story. This is primarily the reason why the new owners of this condominium bought the unit. With its Tuscan-inspired hues, groin-vaulted and coffered ceiling as well as stone columns, this condominium evokes a warmth uncommon among the usual condo fare.

This condominium is owned by a Salt Spring Island business executive who shelled out $2.7 million for the unit just last summer. This is the couple’s second residence which they took in order to enjoy Victoria’s cultural scene. It…

Aaron Spelling’s “The Manor” Up For $150M

March 30, 2009
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Here’s your chance to own a luxury real estate for a jaw-dropping price of $150 million. Price is not even an issue if you realize that the property being sold which is located in the exclusive Holmby Hills is owned by the late producer Aaron Spelling who is known for producing Charlie’s Angels and Beverly Hills 90210. The property has not changed hands since his death but it is now being sold by his widow Candy. It’s not cheap and is in fact considered the most expensive home for sale in the United States—that’s not a lot though considering how home prices have dropped in the Land of Milk and…

1957 Wood & Glass Home For Sale

March 26, 2009
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Here’s one real estate you can’t resist if you love wood and good architecture. This 1957 wood and glass architectural wonder at 2327 Hidalgo Avenue which provides a good view of the Hollywood Sign, the Lake and the Griffith Park Observatory is up for sale. Walled and gated, the property guarantees utmost privacy and it also boasts of lush landscaping.

The 9,500 square-meter three-story residential property has two bedrooms, two baths and a family room which can be easily converted to a third bedroom. Plus you get two large decks, detached garage, brick patio and a guest house with its own kitchen and bath.

The house was originally sold in 19980 for…

LA Palladium Wins LA Conservancy Award

March 26, 2009
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The Gordon Kaufmann-designed LA Palladium is among this year’s winner of the La Conservancy Award. The Award, which is annually presented during the National Preservation Month of May, recognizes establishments and other projects related to historic preservation. The winners are determined by an independent jury consisting of historic preservation, architecture and community experts.

Hollywood Palladium sits on a site used to be occupied by Streamline Modernbe nightclub which is a precursor to Paramount Studios. This may be an entertainment icon for decades but has been vulnerable to demolition. Thanks to a new owner, the building was revitalized and modernized while retaining its original appearance. Today, the Hollywood Palladium is a model…

Bargain Hunters Off To Palm Beach

March 17, 2009
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South Florida’s market is a haven for bargain hunters thanks to plunging home prices. Bargain hunters are now off to this home buying haven resulting to a rise in the region’s first time home buyers and those taking advantage of the affordable homes. The Florida Association of realtors said home sales in Pam Beach County has increased by 11% from 369 a year ago to 408 last month.

The average price of homes in the area went down by 32% from $343,200 in January to only $232,100. This is the lowest home price in the last six years and is a 45% decrease compared to the peak home price of $421,500…

Trump Gets A Breather For Chicago Skyscraper

March 6, 2009
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Construction of the 92-story tower owned by Donald Trump is set to continue after an agreement to suspend litigation has been reached between the Deutsche Bank Trust Co. and Donald Trump. The suit between the two parties came up after Trump failed to pay a $640 million construction loan for the Trump International Hotel & Tower project saying he has the legal right not to pay it due to the financial crisis. The bank however demanded the payment of a personal guarantee worth $40 million which Trump made on the loan.

The issue remains unsettled but the parties agreed to suspend litigation pending the completion of the project. Trump said this…

Bal Harbour To Open In 2010

February 25, 2009
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Picking up from its ruins in 2007, Sheraton Bal Harbour is set for a new make-over.

On the nine-acre property at Collins Avenue will rise the St. Regis Resort and Residences, Bal Harbour, a fresh destination for those who are into luxury condominiums.

This new venture is undertaken by Sheraton, a first time development project for St. Regis. The towers on this nine-acre property will have 27 floors which can accommodate not only hotel rooms, condo-hotel units and even private condominiums. Sales are brisk with residences being sold and some to be up for sale by the late quarter of this year.

So what does this destination offer? World-class amenities await its residents.…