LRE® Blog

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September 12, 2014

Renowned Oceanfront Estate Offers Perfection in Spring Lake

Courtesy of Gloria Nilson & Co. Real Estate SPRING LAKE, N.J. - When Jack and Charlotte Lavery purchased a rare double lot at 15 Madison Avenue in 2002, they spared no expense creating one of the area’s most distinctive homes and the subject of a 12-page feature in Design NJ magazine. They assembled a “dream team” -- Architect Chris Rice, Rick Barry Builders, and Lawrence-Mayer Wilson Interior Design. The result was a 10,000 square-foot estate, built to the highest standards and recognized by the popular Kitchen Tour, Garden Club and the Spring Lake Preservation Alliance. The latter award was for a new home built with the latest amenities and conveniences, while preserving the traditional architectural elements which give Spring Lake its unique and appealing character.

September 11, 2014

San Francisco’s Historic Home Trade Show on September 14

Courtesy of Zephyr Real Estate SAN FRANCISCO, CA – The second annual Historic Home Trade Show is coming up on Sunday, September 14, to its new and larger venue, the Golden Gate Club in the Presidio. The Trade Show, which runs from noon until 5 p.m., provides an opportunity for architects, contractors, tradespeople and related retailers to reach out, network and demonstrate their products and services to homeowners and colleagues.

September 11, 2014

Creating Boundaries… And Breaking Them

Courtesy of Frederick Peters, President of Warburg Realty The buyer wants Park or Fifth Avenue. She insists she will not go anywhere else. The perfect apartment is on 57th Street by the East River. What does the resourceful agent do? Alternatively, the buyer wants to look at properties on the Upper East Side, the Upper West Side, Chelsea, and Tribeca. And really, Brooklyn could be interesting too. He wants a three bedroom, but could get by with two bedrooms. And he loves the convenience of new construction, but also has a hankering for those pre-war details you find in the older properties! How does the smart agent respond?

September 9, 2014

Denver’s Famous Taylor Estate Lists for $27.7 Million

Courtesy of Fuller Sotheby’s International Realty The Taylor Estate, where royalty and heads of state have been guests, has been listed for sale for $27.7 million – the highest priced home in Denver, by Fuller Sotheby’s International Realty’s The Wolfe Group and Tye Stockton of Ascent Sotheby’s International Realty.

September 5, 2014

Most Expensive Palace in the U.S. Hits the Market for $139 Million

Courtesy of Coldwell Banker Residential Real Estate FORT LAUDERDALE, FL — Le Palais Royal, a magnificent, French-inspired Beaux Arts masterpiece that sits on Florida’s Atlantic Coast, has just been listed for sale at $139 million, making it the most expensive palace in the continental U.S. currently on the market. Presented by William P.D. Pierce of Coldwell Banker Residential Real Estate, this more than 60,000-square-foot palatial estate sits on over four acres and 465-feet of beachfront on Millionaires Mile. Le Palais Royal boasts a 492-foot private dock that can accommodate up to a 185-foot mega yacht, and an underground garage with parking for over 30 cars. Currently under the final phase of construction and slated for completion before the end of 2015, the price tag includes the finishing.

September 2, 2014

My City, Then and Now

Courtesy of Frederick Peters, President of Warburg Realty As a native New Yorker, how do I feel about the gentrifying of the city? I certainly don’t miss the really bad old days. Big kids in Central Park tried to steal a sled from my older brother and me in about 1960 or 1961; that is my first memory of consciously confronting the New York outside our Upper East Side cocoon. The Park got more dangerous as the years went by, as did the streets. We all remember the crack epidemic years when any parked car got its windows broken, and every phone booth (at least in our neighborhood on the Upper West Side) encompassed a thriving business in crack vial transfers. I don’t think any of us would go back to that.

August 29, 2014

Atlanta Average Home Sales Price Reaches All-Time High for July

Courtesy of Beacham & Company, REALTORS® The number of homes sold in Atlanta – now well into its third year of decline – continued to disappoint this summer just as the average home sales price reached a new all-time, pre-recession high. Housing experts blamed both conditions on inadequate housing inventory but the number of homes for sale remained on the upswing.

August 26, 2014

What We Do

Courtesy of Frederick Peters, President of Warburg Realty One of my agents recently closed a $10 million plus deal in a top co-op. The buyer, a Wall Streeter who had made some unfortunate decisions during the recession a few years back, had accumulated a substantial amount of debt and a certain notoriety. But he had returned to full, multi-million dollar annual earnings with his own business and had the ability to pay all cash for the apartment owing to the recent, very successful sale of a summer house. (I have altered some details in this story to safeguard the buyer’s identity.)
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