![]() He told Forbes in 2019 that he planned to move into a penthouse on the 92nd floor of 35 Hudson Yards, a building that’s already earning a reputation for slashing prices: according to The Real Deal, one of two penthouses a floor below him sold at a paltry $35 million last fall after listing at $59 million in 2019 - a 41 percent discount. best deal it can by contracting with Helmsley companies without competitive. Ross, whose Related Companies claim to own $60 billion in real estate, may have already moved on. penthouse overlooking Central Park the 23,000-square-foot mansion the. Crain’s reports that Ross got the five-bedroom “as a sort of development fee” for creating the complex it hovered above, formerly known as the Time Warner Center, now the less glamorous Deutsche Bank Center. Adding to the difficulty of putting a price tag on the penthouse is the fact Ross never competed with another buyer to get it. And a report by the firm Douglas Elliman found luxury sales dropped 31 percent in the last quarter of the year, when Ross’s penthouse went into closing. The sales of homes in New York priced over $10 million saw price cuts hovering around 12 percent in the second half of 2022, according to The Wall Street Journal. We employ the latest encryption technology available from Verisign, the leader in encryption technology. ![]() Those discounts say something about how much guesswork is currently going into luxury-housing listings. All transactions are guaranteed to be 100 secure. 9, a shell company represented by the lawyer Robert S. ![]() (If that seems like a rounding error, remember that $9 million gets you a “magnificent” townhouse in Brooklyn Heights.) Crain’s reports that the buyer who got the deal is US No. It’s also $9 million less than what Ross was asking in October, when the apartment went into closing, according to The Real Deal. Ross’s 8,000-square-foot monstrosity of glass and “exotic” Bubinga and Padauk wood at 25 Columbus Circle has finally sold, after three years, for $40 million, according to Crain’s New York, That’s 47 percent less than the $75 million Ross asked for in 2019. Get the best deals for vintage pent house magazines at. So it’s hard to believe that Stephen Ross, the developer behind Hudson Yards, was so completely off when he put his own penthouse on the market in 2019. A sandwich is $18, a 30-minute Uber costs a day of labor, and a grocery cart full of basics is … $400? But what about luxury real estate? It’s consistently been a reliable source of eye-watering prices that continue to rise, for the most part, when everything else is falling or stagnant. And there’s no telling how much more she’ll conquer in the kingdom of real estate (and what new songs she’ll sing about them), amid a successful tour that Forbes estimates will make her a billionaire by the end of this year.Ĭurious to see the spaces Swift inhabits? See below for a closer look at the star’s properties.Right now, no one knows what anything costs. Swift has been shaking off doubters ever since, amassing eight diverse pads, ranging from a $150 million penthouse in Manhattan’s TriBeCa neighborhood to an 11,000-square-foot historical landmark in California. At 14, Swift convinced her parents to move to Nashville to pursue her music career-which is where she made her first official real estate purchase, in 2009, a condo that she still owns today. It was in a Georgian Colonial–style home that she first began to exhibit an interest in music and started to play guitar. Her rise to the top began on a Christmas tree farm in Cumru Township, Pennsylvania, before the Swift family moved 15 minutes away to a five-bedroom home in Wyomissing, just outside of Reading. Subscribe Now About Penthouse Magazine Subscription Penthouse Magazine Get huge savings on annual subscription and subscribe to 6 or 12 issues today. Swift has come a long way, from country girl to global pop star. 12 Issues / 2 Year Print Subscription Your Price: 44.95 (3.75/issue) Free Shipping + No Tax + No Other Charges + 5 Additional OFF (Coupon Code WEB5) - Limited Time Offer. leg of her record-breaking Eras Tour-is worth an estimated $570 million, according to Forbes, $150 million of which she has invested in real estate. The 33-year-old superstar-who recently completed the first U.S. Taylor Swift may be best known for her impressive music career, though with eight homes across four states, she may be adding “real estate mogul” to her repertoire pretty soon.
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