Rupert Murdoch Takes a $20 Million Loss on His New York City Penthouse The media tycoon took in just $23.8 million for the triplex aerie at One Madison that he acquired a decade ago for $43 million. After a dizzying two years on and off the market and numerous price chops, Rupert Murdoch has finally sold his penthouse in New York’s Flatiron District to an as-yet-unidentified buyer for a speck under...
Hugh Jackman trying again to sell New York home, one year on from shock divorce Australian actor Hugh Jackman is making a second attempt to sell his $57.7m (US$38.9m) New York City apartment, two years after his first attempt to offload the triplex property failed. The Wolverine star bought the “masterpiece” property for US$21m in 2008, living there with his wife, Deborra-Lee Furness, according...
Premiership-winning Magpie Ben Reid and his wife Erin are selling a sprawling alpine getaway where they turned a shed into a yoga retreat. Reid played in the infamous 2010 AFL Grand Final draw against St Kilda, before Collingwood triumphed a week later in a major milestone for his 153-game career. It was later revealed he had finished the second game with a fractured fibula. RELATED: Hawthorn...
Selling agent and director Michael Harris at Raine & Horne – Newtown said he had sold the home to Mr Freedman in 2004, and was now selling it again on his behalf. “Tim has been in the inner west for a long time, he actually owned a house nearby when he bought this one and moved across,” Mr Harris said. “He loves this area... he’s staying local, he’s just downsizing.” The...
In Europe, foreign ownership laws vary by country, but in general, the continent is quite open to foreign investors, whether it comes to owning real estate, starting businesses, or making financial investments. Here's an overview of the key rules and regulations regarding foreign ownership in Europe: 1. Foreign Ownership of Real Estate in Europe In Europe, property ownership...
In the United States, foreign nationals are generally allowed to own property and start businesses, but there are specific regulations and considerations depending on the type of ownership. Below is an overview of foreign ownership rights for both real estate and business ventures in the U.S. 1. Foreign Ownership of Real Estate in the USA Residential Property Foreign nationals are generally allowed...
In the UAE, foreign ownership laws have evolved significantly in recent years, offering greater opportunities for non-UAE nationals to own property and businesses. Here's a breakdown of ownership rights for foreigners in different areas: 1. Foreign Property Ownership in the UAE Historically, foreigners were not allowed to own property in the UAE unless they were based in...
Legendary Designer Dorothy Draper’s Childhood Home in New York Just Listed for $4 Million Known as Ogden Lodge, the stately Tuxedo Park residence dates to 1883 and was extensively restored in 2021. Fans of the late design legend Dorothy Draper now have the chance to buy the elegant home where she grew up. The interior decorator’s parents, Paul and Susan Tuckerman, built the property in Tuxedo...
The Thai housing market has faced challenges due to both external and domestic factors, including a downturn in China's real estate sector, decreased construction demand, high household debt, and an aging population. Thailand’s residential market has faced challenges due to external and domestic factors, including a downturn in global construction demand and the country’s high household debt. Key...
Purchasing a home or making an investment in real estate is one of the most significant financial decisions you’ll ever make. Whether you're a first-time homebuyer or an experienced investor, the expertise of a real estate agent is invaluable. Here’s why hiring a professional agent should be at the top of your list when navigating the complex world of property transactions. 1. Expert Knowledge of the...
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