The Parklane Full-Amenity Houston Condos Offer Luxury Living in the Museum District Overlooking Hermann Park | Oct 26, 2020

Houston, TX — (SBWIRE) — 10/26/2020 — The Parklane condo tower is a striking local landmark next to Hermann Park with its 35 stories and distinctive curved corners, enjoying a prime location since 1983. The concept of luxury living in the Museum District appeals to a broad range of buyers looking to own Houston full amenity high rise condos. Whether residents are looking for a short commute to The Texas Medical Center, Rice Village, Rice University, Downtown Houston, or The Ion and South Main Innovation District, or recreational opportunities with direct access to the famous Hermann Park, there are ample nearby attractions and easy access for work, leisure, relaxation, entertainment, high-end dining, premier retail outlets, and the renowned Museum District, which boasts 19 museums across 4 walkable zones.

Every condo in The Parklane has at least one private balcony, the perfect space to unwind after a long day and soak

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5 wealth trends shaping luxury real estate in 2020

The luxury segment has been the unexpected surprise of 2020. Despite a short dip in April and May, the market bounced back. The median price of luxury single-family homes* has increased by 4.8% since January, and sales volume has doubled since May. Major life changes due to the pandemic are thought to be responsible for a rise in demand for larger single-family homes in locations that can offer more space and greater freedom. This migration of wealth has led to new demographics that are shaping the luxury real estate landscape this year.

For the just-released “A Look at Wealth: New Affluent Trailblazers” (ALAW), the Coldwell Banker Global Luxury® program examines these trends more closely. In a first for us, we compiled analyses by Coldwell Banker Global Luxury Property Specialists and layered in real estate data from The Institute of Luxury Home Marketing, with wealth insights from WealthEngine and Wealth-X, to

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For Luxury Home Buyers in LA, the Prices Are Right

The luxury housing market in Los Angeles may not be immune to Covid-19, but it seems to have built up a strong resistance to the impact of the pandemic.

Many top luxury brokers agree that high-end properties are in demand in L.A.


Since Oct. 1, 2019, 10 homes on the market have sold for $33 million or more, according to data from Redfin. And a number of off-market home sales in the past six months have topped $100 million.


Former Dreamworks Chief Executive Jeffrey Katzenberg recently sold his custom-
built home in Beverly Hills for $125 million. And Amazon.com Inc. founder Jeff Bezos made headlines this summer when he purchased the Warner Estate from David Geffen for $165 million.


Before that, the record for highest priced home sale in the area was set late last year when the Chartwell Estate, also known as the Beverly Hillbillies Mansion, sold for $150

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Aspen luxury condo sells for just shy of $15 million

120 N. Spring St., units 7 and 8
Rick Carroll/The Aspen Times

“What’s the Big Deal?” runs Mondays and is based on the week’s most expensive property transaction recorded in the Pitkin County Clerk & Recorder’s Office.

Price: $14.995 million

Date recorded: Oct. 20

Address: 120 N. Spring St., units 7 and 8

Neighborhood: River Park in Aspen

Buyer: Marlene Malek Trust

Seller: Elaine Levitt Gershman

Property type: Condo

Year built: effective, 1992; actual, 1994

Total heated area: 8,832 square feet

Assessor’s office actual value: $15,131,300

Assessor’s office assessed value: $1,081,890

Property tax bill: $38,652

Source: Assessor’s Office and Pitkin County Clerk and Recorder’s Office

Readers around Aspen and Snowmass Village make the Aspen Times’ work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and

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Delhi gym owner arrested over alleged fraud of sale of luxury cars : The Tribune India

New Delhi, October 24

A 46-year-old gym owner was arrested here for allegedly duping a businessman to the tune of Rs 1.15 crore on the pretext of selling him luxury cars, police said on Saturday.

The accused was identified as Rahul Narang, a resident of Greater Kailash-II. He was carrying a reward of Rs 50,000 on his arrest, they said.

Police said Narang was arrested earlier, but he got conditional bail.

He stopped attending court in connection with the case but later a non-bailable warrant was issued for his arrest, the police said.  The incident came to light after a South Delhi businessman, Sunil Verma, filed a complaint against Narang, police said.

In his police complaint, Verma alleged that Narang approached him for some money. In return, Narang gave Verma sale letters for six luxurious cars but handed over only one car. Thereafter, the accused neither returned the money nor

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Luxury Marbella Villas Now Available From Spot Blue International Property

Press release content from Accesswire. The AP news staff was not involved in its creation.

The Fully-Furnished Villas Range in Size from Four to Six Bedrooms and Feature a Number of Attractive Amenities

SURREY, UK / ACCESSWIRE / October 24, 2020 / International property specialist, Spot Blue, has been instructed to sell a number of multi-million pound Marbella villas.

To learn more about the Marbella villas that are for sale, please visit https://www.spotblue.com/property-for-sale/spain/malaga/marbella/.

The villas are all fully-furnished, and boast features such as spas, pools, gyms, walk-in wardrobes, cinema rooms, bars and wine cellars.

The properties have four, five or six bedrooms and are perfect for modern, open plan living. They are “key ready” and immediately available to either start living in, use as a holiday home or let out.

The villas are situated across several sought-after coastal locations in “Europe’s playground”. They are on

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Surge in luxury home sales highlights the growing U.S. wealth gap

Demand for luxury homes is soaring, underscoring how the COVID-19 pandemic has intensified wealth disparities in the U.S.



a sunset over a city: A beachgoer strolls along Carbon Beach on the Malibu coast. Rising demand for luxury homes amid the pandemic is driving up prices nationwide. (Luis Sinco / Los Angeles Times)


© (Luis Sinco / Los Angeles Times)
A beachgoer strolls along Carbon Beach on the Malibu coast. Rising demand for luxury homes amid the pandemic is driving up prices nationwide. (Luis Sinco / Los Angeles Times)

High-end sales jumped 42% in the third quarter from a year earlier, according to a report from brokerage Redfin. That’s the largest jump dating back to 2013. Sales of mid-priced homes climbed just 3%. Affordable purchases declined 4%.

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While banks tighten credit for first-time buyers, the pandemic is hammering Americans who don’t have the privilege of working remotely. The wealthy, meanwhile, are benefiting from the surging stock market and mortgage rates near record lows.

The cheaper borrowing costs are driving demand for larger properties with more room to quarantine. And with many corporate workers

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Coronavirus boosts demand for luxury real estate in Lower Hudson Valley

Despite fears that the coronavirus would drag down the luxury real estate market in the Lower Hudson Valley, analysts say demand for increased social distancing and home offices propelled the market forward in Westchester, Putnam and Dutchess counties in the third quarter.

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The two-month hiatus to the real estate industry when Gov. Andrew Cuomo ordered non-essential businesses to close temporarily rushed luxury home buyers to the market above $1 million in Dutchess and Putnam counties and above $2 million in Westchester County in July, August and September.

Brokerage firm Houlihan Lawrence reported buyers in Putnam, Dutchess and Westchester sought discounts less frequently in the third quarter and that the number of luxury homes sold in Westchester rose by at least 52% over the third quarter of 2019.

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The number of homes over $1

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SkyRun Vacation Rentals – Park City & Deer Valley Now Offers Luxury and Premium Rental Properties on Homes & Villas by Marriott International

Press release content from PR Newswire. The AP news staff was not involved in its creation.

BOULDER, Colo., Oct. 22, 2020 /PRNewswire/ — SkyRun Vacation Rentals today announced that select rental properties in Park City and Deer Valley, Utah are now available on Homes & Villas by Marriott International. The premium home rental offering provides guests, including more than 140 million members of its travel program Marriott Bonvoy, extraordinary options to choose from when booking travel from among its 30 hotel brands and more than 10,000 home rental properties.

These new homes are situated in former mining town Park City, which is nestled in the Wasatch Range east of Salt Lake City, and luxurious Deer Valley, which is known for its famous corduroy groomed slopes, fine dining restaurants, and shopping at swanky Main Street. The homes feature luxury living spaces, exceptional views, and sought-after locations for

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Luxury SoCal Estate Listed for $65M Is Headed for Auction With No Reserve

Hold your horses! One of Southern California’s most luxurious estates is headed for the auction block with no reserve price, but that doesn’t mean a bidder will walk away with the place for pocket change.

This high-end spread near Montecito, CA, currently sits on the market for $65 million. An auction set to take place next month will determine the home’s true value—the no-reserve auction means that the home will sell, regardless of price.

Theoretically, the auction could bring out bargain hunters interested in scoring a grand mansion for pennies on the dollar.

But the auction process won’t exactly be a free-for-all: There is a significant barrier to entry. Potential owners will need to pony up $100,000 just for the privilege of bidding.

So what makes this estate so extraordinary?

For starters, it has its own world-renowned polo grounds. An owner can simply sit on the terrace and watch the

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