Douglas Elliman has always been defined by its agents their expertise, their relationships, their entrepreneurial spirit, Passerini said in a statement. Coming back as CMO is a full-circle moment for me, and I'm excited to lead a brand evolution that puts our agents front and center. We're building a platform that amplifies their voices, elevates their visibility and gives them every advantage in the most competitive luxury markets in the world.
In today's luxury housing market, it's become increasingly difficult to sell for what the homeowner might think the home is worth-and even high-profile sellers have been forced to drop prices on their megamansions. Because home prices and mortgage rates remain elevated, buyers are scrutinizing their purchases now more than ever. Plus, in several luxury housing markets, extra " mansion taxes " are tacked on, making purchasing costs even more expensive.
A residential compound in Beverly Hills' tony Beverly Park has reentered the market with a new look as the seller seeks to entice buyers with an 11 percent price cut. The roughly 28,000-square-foot home at 73 Beverly Park Lane headed back on the market last week with an asking price just under $80 million, or $2,807 per square foot. It was Los Angeles County's priciest listing last week, according to the Eklund Weekly Luxury Report Los Angeles.
The Walters | Plaxen with career sales in excess of $1 billion, is the latest big get for Sotheby's, which earlier this year recruited Ernie Carswell from Douglas Elliman. Carswell brought his 15-person team, Ernie Carswell & Associates, to Sotheby's in May with the agent referring to the brokerage in an interview with The Real Deal at the time as being at the top of its ilk, adding my team and myself now want that type of solid track of consistency and longevity.
"Most respected" is subjective and can depend on whether you are buying, selling, or renting, as well as the specific neighborhood and price point (e.g., luxury vs. standard). Several large national firms with local Boston offices, as well as specialized local boutique firms, are highly regarded based on client reviews, market presence, and industry recognition. Highly reviewed and prominent real estate offices in the Boston area include:
Senada Adžem, the executive director of luxury sales at Douglas Elliman, said before she started selling homes in the development, prices averaged around $6 million. Adžem broke the mold when she put a house up for sale in the neighborhood for $20 million in 2018. It took her two years to sell it for the first time, but it then sold several times after that. Just last month the same property, now remodeled, sold to Wahlberg for $37 million.
The Bentley Residences, currently under construction at 18401 Collins Ave., will stand a head-turning 749 feet high, taller than all the other towers lining Sunny Isles Beach. The Bentley-branded skyscraper broke ground in early 2024 and is slated for completion in 2028. Dezer Development describes the Bentley project as its "current crown jewel." Designed in conjunction with Bentley Motors, the 62-story building features a sparkling diamond-quilted glass façade reminiscent of the diamond pattern seen in the interior of a Bentley.
Development of the massive One Beverly Hills residential and hotel complex reached a milestone over the weekend as construction started going vertical. The work to erect the two tallest towers in Beverly Hills started Friday with an overnight continuous pour of 3,800 cubic yards of concrete, the equivalent of 41,000 wheelbarrows-full. It was the first of multiple foundation pours that will take place over the next 12 months, developer Cain said.
Strolling through estates in Pacific Heights, Atherton, or the hills of Marin, it's easy to question whether you're touring a residence or an art gallery. These properties are evolving into curated showcases, where the architecture, decor, and artwork are as much the stars as the sprawling kitchens or infinity pools. High ceilings, natural light cascading through floor-to-ceiling windows, and interiors designed by internationally acclaimed designers make these estates feel more like private museums than places to hang your coat.
Jeff Bezos is one of the richest men in the world. The Amazon founder, who is worth an estimated $245 billion, shelled out $237 million on his Miami compound where he currently resides with his wife, Lauren Sánchez. And when he moved there, the sale of his Seattle home was the most expensive home ever sold in Washington State at $63 million. But the fourth-richest man in the world spent even more on his superyacht-more than double, to be exact.
A bathroom that's all silver-wave marble and a travertine-clad kitchen with a fridge stocked with Hailey Bieber smoothies (sorry - smoothies with the " spirit of Hailey"). And yet its most astonishing feature is somehow the front door: almost comically large, two stories tall. "This is maybe the most insane door I've ever seen," says Alanna, one of the Oppenheim Group brokers touring the house during the most recent season of Selling Sunset.
The firm reports that although the West accounted for a third of luxury revenue last year, states across the Southeast including Florida, Georgia and the Carolinas are expected to post the fastest growth through 2030. The region's appeal includes low taxes, warm weather and access to high-end amenities. Realtor.com senior economist Anthony Smith said the forecast aligns with long-term trends. Following a surge in demand and pricing during the pandemic period,
Photograph of Roush house by Andrew Sample. Where: McLean. Bought by: Corey Roush, an antitrust attorney at Sidley Austin. Listed: $4,449,950. Sold: $4,375,000. Days on market: 21. Bragging points: A 10,100-square-foot house with six bedrooms, six bathrooms, two half baths, four fireplaces, a two-story foyer, a media room, a fitness studio, a sauna and steam shower, a motorized screened porch, a heated deck, and a covered terrace.
Dubai's getting another jaw-dropping addition to its skyline, and this one's a real showstopper. Sobha Realty just unveiled Sobha SkyParks, a massive 109-story tower that'll stretch 450 meters into the sky. When it's done, this giant will rank among the UAE's five tallest buildings-quite a feat for any developer. The project comprises 684 luxury apartments across 109 floors, each offering incredible views of the city sprawling below.
Dubbed Palazzo di Lago, the nearly 18,000-square-foot contemporary manse was designed with "the tranquil glamour of Lake Como" and the "seductive allure of Bond's Casino Royale," as the listing description puts it. That design brief materialized in the form of no-holds-barred extravagance: At the end of a paved motor court, a grand portico entrance is flanked by waterfall fountains lined with white marble.
The online real estate database released its 10th annual 100 most expensive zip codes in the U.S., which includes Boston at No. 54, Nantucket at No. 63, Chilmark at No. 64, Weston at No. 72, and Wellesley Hills at No. 80. The nation's priciest housing markets remain overwhelmingly coastal, according to the report. The PropertyShark list includes 15 states, and California once again dominated the luxury market with 61% of entries.
Beverly Hills' 25-acre Palazzo di Amore estate is on the market once again, asking $195 million, The New York Post reported. The price works out to $3,679 per square foot and $7.8 million per acre. It was last on the market in 2017 with a $129 million asking price, down from the list price of $195 million in 2014, when it was the most expensive home for sale in the country.
Nestled on five largely wooded private acres, this sanctuary blends classic charm with substantial sustainable upgrades. Designed for the nature lover, the property is enhanced by mature landscaping, including a specimen magnolia tree and a small, productive orchard. Enjoy the tranquility from the expansive back deck or the covered front porch, complete with a swing. The spacious home boasts six bedrooms and six full baths, four cozy fireplaces, and elegant hardwood floors.
The Georgian-style abode was originally built in 2009 for Rob Lowe, who opened its doors to Architectural Digest the following year. After scooping up the 11,500-square-foot estate, the "Payphone" singer and Victoria's Secret model enlisted AD100 firm Clements Design to renovate the nine-bedroom, 14-bathroom home with a minimalist aesthetic. The primary suite boasts several terraces, a grand bathroom decked out with white marble, and dual dressing rooms.
Leonard Riggio, the founder of the Barnes & Noble chain who died last year, was born in Brooklyn, the son of a cabdriver, but he spent much of his adult life on Park Avenue in a four-bedroom co-op with a private elevator landing that opened onto a 35-foot-long galley lined with custom-built bookshelves. That apartment, at 720 Park Avenue, a classic and prestigious Upper East Side co-op designed by Rosario Candela, just hit the market, asking $17 million. Nikki Field and E. Helen Marcos, of Sotheby's International Realty, have the listing but could not comment as of press time.
Unit 65 at 53 West 53rd Street, asking just under $47 million, was the priciest Manhattan home to land a signed contract last week, according to Olshan Realty's weekly report. The full-floor apartment was one of 29 properties to find buyers between Sept. 29 and Oct. 5, up from 23 in the previous period. The building's developers a group including Hines and Singapore's Pontiac Land Group initially sought $51 million for the 6,400-square-foot pad in 2015, when they began marketing units off of floor plans.
The real estate industry is once again making headlines with mergers and acquisitions designed to form massive conglomerates in pursuit of greater market share. These headline-grabbing moves embody a philosophy of quantity over quality, reflected in their average sold prices ranging from $500,000 to $800,000. In contrast, our firm's average sold price of $6,476,987 is proof that true success lies not in the size of a company, but in the caliber of its performance.
Cook believes the acquisition will provide his agents with tools to better serve and manage luxury listings. Rhino has always been about deeply personal service, strong culture and luxury, Cook said in a statement. Joining PREMIERE doesn't change who we are. It magnifies everything behind the scenes technology, systems, people support it all gets upgraded. This move allows us to deliver our best, expand our footprint and lead in the luxury market like never before.
From the 26-foot ceiling in the great room to the epic primary suite upstairs, it's a home that's as much about how it feels as how it looks. Robb Report got an exclusive first look inside, and what stands out isn't just the dramatic proportions-it's the way Berkus has curated antiques from around the world in collaboration with Creative Art Partners and thoughtfully managed to make a space that cavernous feel approachable and intimate.
Their new team reflects both their history of achievement and a clear vision for the future one that blends local insight with global reach. Both agents have ranked among the top 1.5% of real estate professionals nationwide by RealTrends Verified since 2022 and have earned Douglas Elliman's Pinnacle Award for placing in the top 3% of the firm. The luxury of local means giving our clients a competitive advantage that only true Miami natives can provide, said Shapiro.
Constructed by custom homebuilder Richard Cantor, this stone and stucco chateau features a chef's kitchen with Wolf and Sub-Zero appliances, a family room with a limestone fireplace, and French doors that open onto a flagstone terrace with an outdoor kitchen. The primary suite is housed in a separate wing and includes a sitting area, balcony, and travertine-clad bath. The lower level features a wine cellar, home theater, and fitness center.
Yasmine Petty loves the wide-open layout and sleek pocket doors of her penthouse, but she clearly loves the terrace the most. Soon after moving into the three-bedroom, two-and-a-half bath at 60 West 20th, the model says she shut down traffic on Sixth Avenue so a crane could lift a reflecting pool and fountain with blue-and-white zellige tiling. Ferns, evergreens, lounge chairs, and a cabana followed.
