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internationalrealestatenews · 9 months ago

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[ad_1] At South Florida actual property features, it is pretty widespread to run into brokers who'll gnaw your ear off about #longmiami. Except for being a hashtag on They will level to the arrival of Citadel founder Ken Griffin and his plans to construct a $1 billion1,000-plus-foot headquarters on a waterfront lot in Miami's Brickell monetary district that he purchased for $363 million in 2022. They will be aware that down the road, Swire Properties teamed up with Steve Ross, the billionaire chair of New York-based Associated Firms and the brand new workplace king of downtown West Palm Seashore, to construct one other deliberate supertall workplace tower, referred to as One Brickell Metropolis Heart. They usually'll boast about New York-based builders corresponding to Witkoff, Kushner Firms and Naftali Group spearheading an unprecedented development growth of deliberate condominiums, condominium buildings and mixed-use initiatives alongside South Florida's coast. Do not get them began on Amazon founder Jeff Bezos, the third-richest man on the planet, coming residence to Miami, the place he grew up. In the meantime, South Florida-based builders are aiming to maintain peace with their out-of-town counterparts. For example, Key Worldwide — a Miami-based developer led by brothers Inigo and Diego Ardid — is competing with Griffin, Swire and Ross in Brickell. Secret is partnering with Chicago-based Sterling Bay to develop 848 Brickella deliberate 51-story workplace tower. Edgardo Defortuna, who leads Miami-based Fortune Worldwide Groupstays on the forefront of luxurious apartment improvement with a slate of oceanfront condominiums on faucet in Brickell, Sunny Isles Seashore and Pompano Seashore. His subsequent slate of initiatives features a Casa Tua-branded tower in Brickell, the St. Regis Residences in Sunny Isles Seashore and the Ritz-Carlton Residences in Pompano Seashore. On the brokerage entrance, his agency partnered with Christie's Worldwide final yr and is working to develop within the luxurious resale enterprise. Dealer Fredrik Eklund, topic of this month's Closing interview, moved to South Florida final yr to assist promote the growth with Douglas Elliman Florida CEO Jay Parker. They've picked up unique gross sales and advertising and marketing for the upswell of recent developments. However holes seem within the #longmiami narrative. Final yr, a knowledge evaluation by CompStak confirmed that workplace leasing exercise had slowed considerably, and the common value per sq. foot for workplace house had dropped by $30. One other CompStak report deflated assertions that Miami was a magnet for tech corporations in search of to relocate from California. As an alternative, tech leasing has been on the decline since 2021, CompStak's information confirmed. The residential market can be exhibiting indicators of a correction. Single-family properties and condos proceed to rise in value, marking document sale costs in neighborhoods throughout the tri-county area. But by the third quarter of final yr, South Florida's condominium lease development had slowed and multifamily landlords confronted greater vacancies on account of extra competitors, a Lee & Associates report confirmed. Within the first 9 months of 2023, builders accomplished 13,388 residences in South Florida, in comparison with greater than 13,210 models accomplished throughout all of 2022. Since December, South Florida improvement websites hitting the marketplace for sale have been on the rise, as some builders are unable to lock down fairness companions or safe development financing with favorable phrases, or face a diminished return on funding due to rising development prices. South Florida can be dealing with existential twin threats. Whereas Palm Seashore has extra “trophy” residential listings (outlined as properties priced at over $50 million) than another metropolis within the US, the area is in extreme want of extra inexpensive housing. Additionally

it is coping with the impacts of local weather change, like extreme flooding in dense city neighborhoods and householders insurance coverage premiums skyrocketing due to the specter of extra hurricanes. In December, the College of Florida launched a examine exhibiting most Miami-Dade County households with incomes beneath $75,000 battle with housing prices and are paying greater than 30 p.c of their revenue for housing. In Broward County, 62 p.c of renters are cost-burdened, paying greater than 30 p.c of their revenue for lease, a separate evaluation by Florida Worldwide College discovered. Flooding and property insurance coverage might additional drive residents away from South Florida, based on a December examine within the journal Nature Communications, maybe erasing the #lengthy a part of the hashtag. The report predicted that dozens of neighborhoods liable to flooding in Miami-Dade and Broward will expertise a mass exodus beginning this decade. Miami-Dade and Broward might see resident flights as quickly as 2028 and 2032, respectively, the examine discovered. [ad_2] Supply hyperlink

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sellmycommercialpropertyusa · 9 months ago

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iomproperty-for-sale · 2 years ago

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PROPERTY FOR SALE ISLE OF MAN Coastal living Isle of Man - design & build your comfortable family home on the scenic west coast of the Isle of Man. Sizeable site in commanding village edge position, sea views, beautiful sunsets! https://ballacallin.com/2022/05/residential-redevelopment-site-for-sale.html

#coastallivingiom #iomproperty #selfbuildiom

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architectnews · 4 years ago

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Patagonia Place Liverpool Waters Property

Patagonia Place Property, Liverpool Waters Waterfront Flats, PEEL Residential News

Patagonia Place Liverpool Waters

7 Oct 2020

Patagonia Place Liverpool Waters Residential

Plans Approved For New Residential Development At Peel L&P’s Liverpool Waters

7th October 2020 – Planning permission has been granted for an application submitted by Peel L&P and Your Housing Group (YHG) for the development of Patagonia Place, a 31 storey residential development at Liverpool Waters.

The development will consist of 278 homes and marks the fifth residential development at Princes Dock, one of five neighbourhoods at the £5 billion waterfront development.

image courtesy of Peel L&P and Your Housing Group

Liverpool Waters is transforming 60 hectares of historic docklands and is the biggest single regeneration project in the history of Liverpool and one of the largest in Europe. The development offers 2,000,000 sq.m of floorspace which will include 9,000 residential homes, 315,000 sq.m. of business space and 53,000 sq.m. of hotel and conference facilities. The waterfront project will also be the home to a new cruise liner terminal and hotel as well as a new Isle of Man ferry terminal currently under construction as well as the proposed new Everton FC stadium.

Darran Lawless, development director at Peel L&P’s Liverpool Waters says:

“It’s fantastic to have reached this significant milestone, after a huge amount of work in collaboration with Your Housing Group, our advisory team and contractor Vermont, that has gone into securing planning consent.

“We’re delighted with the progress made across Liverpool Waters and this is yet another incredible residential development, adding to the existing schemes delivered at Princes Dock creating more quality homes, securing local jobs and investment in an enviable waterfront location, right here in Liverpool city centre.”

Lorraine Donnelly, development director at Your Housing Group says:

“Your Housing Group has remained committed to delivering this development at Liverpool Waters, and to reach this milestone with Peel L&P is a great achievement for everyone involved. This is a really exciting project for YHG. To have a development on the iconic Liverpool waterfront offering high-quality apartments with incredible views of the Mersey is something that we are extremely proud to be part of. We can’t wait to get started on site.”

The residential development has been designed by Faulkner Chester Hall, with Arup providing planning consultation and Vermont in line to build the project.

To learn more about Peel L&P’s Liverpool Waters scheme including available space or new homes, visit https://ift.tt/1B8JFbZ.

About Liverpool Waters

With an estimated value of £5 billion, Liverpool Waters is one of the largest regeneration projects within Europe and the largest single development opportunity in the city. Covering some 60 hectares and spanning 2.3 km of the city’s famous waterfront, Liverpool Waters will see the creation of a new mixed-use city district for Liverpool and bring back to life a swathe of historic dockland.

To learn more about the project, please visit https://ift.tt/1B8JFbZ.

About Peel L&P

We are an ambitious regeneration business with generations of history, heritage and expertise in our DNA. First established in 1971, Peel L&P is now responsible for some of the most transformational development projects in the UK today.

Owning and managing 12 million sq ft of property and 20,000 acres of land and water, our holdings are concentrated in the north west of England but we also own and manage significant assets throughout the UK with a total portfolio value of £2.6 billion.

About Your Housing Group

Your Housing Group is one of the UK’s largest housing providers with 28,000 homes across the North West, Yorkshire and the Midlands. They are committed to building quality new homes to help play their part in solving the national housing crisis with options for Shared Ownership, Private Rent, Rent to Buy and outright sale.

Previously on e-architect:

5 June 2020

Liverpool Waters Developments

Plaza 1821 Liverpool Waters’ Princes Dock Design: Hodder and Partners image courtesy of Peel L&P Plaza 1821 Liverpool Waters Property

Plaza 1821 Development image courtesy of Hodder and Partners / Peel L&P Plaza 1821

Liverpool Waters Development News Liverpool Waters

Liverpool Waters Central Docks News image from architect Liverpool Waters Central Docks

Location: Regent Road, Liverpool, Merseyside, North West England, UK

Liverpool Buildings Selection

Liverpool Architecture Designs – chronological list

Liverpool Architecture

Liverpool Waters Tower Building

Museum of Liverpool

Liverpool Arena

Liverpool Waters designer : Chapman Taylor Architects

Master Plan Designs

Liverpool Buildings

Wirral Waters Masterplan – Pop Up Village Design Design: OMI Architects image from architect Wirral Waters Building

Ovatus Tower Buildings Design: Hodder+Partners, Architects image from architect Ovatus Tower Buildings

Mann Island Liverpool Waterfront building

Comments / photos for the Patagonia Place Liverpool Waters Residential Property Development for Peel Holdings page welcome

Website: Liverpool Waters

The post Patagonia Place Liverpool Waters Property appeared first on e-architect.

#e-architect

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arplis · 5 years ago

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Arplis - News: 5 of the most palatial properties for sale in the UK right now

From swimming pools and saunas to sprawling grounds and staircases to envy, luxury properties are something of a distant dream to many, but for those who can afford to splash millions on a new home, the above are just a minimum requirement. If you’re looking to relocate this year and you fancy seeing what exclusive properties are on the market at this time then look no further as we’ve rounded up some of the most exquisite homes you can buy – they come with a hefty price tag but we’re sure they are worth it. Ranging from a magnificent castle in Scotland to an expansive Jacobean mansion in Hampshire, these properties all have the wow factor and, here, size matters. Read on for our top five palatial properties throughout the UK that are up for grabs right now and will have you feeling like royalty in no time. Ten-bedroom Jacobean mansion with opportunity to transform, Hampshire With a price tag of £10 million this sprawling estate comprises 92 acres of land near Bramshill and Hook. The Grade I listed mansion boasts ten bedrooms, ten reception rooms, a coach house, assembly dining hall, formal gardens, walled kitchen gardens, woodland, lake, and a park grazed by a resident herd of fallow deer. Located within easy reach of London, motorways and airports but within its own stunning surroundings, this property has the potential, and plans, to be restored to its former glory as a single family residence, so if you have the funds, the opportunity is here to transform the interior to your exact specifications. Dream big. Listed with Knight Frank. Nine-bedroom mansion with extensive leisure facilities, Isle of Man Recently renovated to a high specification, this exquisite property on the Isle of Man boasts nine-bedroom suites, tennis courts, a swimming pool and spa, five reception rooms, staff accommodation and secondary accommodation, all within 154 acres. The private residential estate close to the airport also benefits from superb views, a gym complex, a private helipad, a tanning studio, underfloor heating and a smart house management control system, with stunning interiors designed with great attention to detail. Sleek, glossy décor runs throughout this contemporary-styled estate which has ancient origins and traditional features remaining within the outbuildings. This could be all yours for £25 million. Listed with Savills. Nine-suite modern mansion with impressive amenities, Surrey With expansive views over the countryside, this modern classical mansion blends contemporary décor with traditional features. Boasting an array of amenities including a bowling alley, double-height party room, home cinema, spa, wine cellars and tennis courts, you would certainly never be short of things to do at home. An impressive reception hall with a grand staircase and marble flooring leads to six reception rooms, an open plan kitchen, breakfast room and living room as well as home offices. There are nine bedrooms all with ensuite bathrooms and dressing rooms as well as a teen’s dormitory with two bathrooms and an integral staff flat and two self-contained cottages. The amenities continue with a swimming pool, barbecue area, treatment room and gym, and the mansion sits within 30 acres of beautiful grounds including gardens, parkland, a lake and has planning for stabling. Situated near the picturesque village of Chiddingfold in Surrey and with close links to airports and London, this stunning offering will set you back £30 million. Listed with House Partnership. 16-bedroom house with castle and sea views, Devon With views overlooking the Exe Estuary, this magnificent property near Exeter in Devon comes complete with its very own castle, not many can say that! The price is available on application so we can only image how many millions this 16-bedroom property is looking for. Throughout the five principal reception rooms, bedrooms and eight bathrooms you’ll find classic décor to marry in with this mid-19th century house and there are a further 11 bedrooms and two bedrooms in the attic space. The castle and house both offer up a lot of history and interesting features, with the castle now being used as offices to let while the grounds are something of a masterpiece with an Italian sunken garden, terraces, fountain and camellia house. Listed with Strutt Parker. 13-bedroom neoclassical castle with Georgian interior, East Lothian, Scotland This lovingly restored castle, using the stone of Seton Palace – Mary Queen of Scots’ preferred residence – boasts 13 bedrooms within the four-storey mansion house as well as three residences. The romantic castle has been painstakingly restored to ensure that the moment you walk through the door you are greeted with traditional Georgian interiors within a fully functioning family home. Created in the late 18th century, Seton Castle – turrets and all – is asking for £8 million and benefits from working stables, 13 acres of grounds, far-reaching views, state of the art gym, double AGA kitchen, home cinema, apartments and guest cottages, a helipad, a silk-lined dining room and a traditionally-styled bar. Listed with Savills. #Property #PropertyForSale #UK #Editor'sPicks #LuxuryProperty

Arplis - News source https://arplis.com/blogs/news/5-of-the-most-palatial-properties-for-sale-in-the-uk-right-now

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juditmiltz · 6 years ago

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South Florida’s most head-turning lawsuits of 2018

From left: Craig Studnicky, John Yanopoulus, Philip Spiegelman, and Brenda Nestor

In 2018, South Florida’s real estate industry saw longtime business partners going through bitter divorces, buyers seeking to get out of luxury condo deals by accusing developers of construction delays and false advertising, foreign governments and investors suing local companies over allegedly fraudulent real estate investments and sizzling disputes over allegedly unpaid six-and-seven-figure commissions. Here’s a look back at the 10 most scandalous lawsuits filed in the past 12 months:

1. Craig Studnicky and Philip Spiegelman built International Sales Group into one of the region’s leading luxury condo brokerages during a quarter century’s worth of peaks and valleys in South Florida’s real estate cycles. The company outlasted recessions and the market bottoming out in 2008, but it may not survive an internal civil war between the ISG founders.

Over the summer, Studnicky and Spiegelman sued each other in Miami-Dade Circuit Court over control of ISG. Studnicky wants to force Spiegelman out and keep ISG in business. Studnicky wants a judge to dissolve the company. Both partners made scathing allegations against the other. Spiegelman accuses Studnicky of burning “through large amounts of cash” that ISG made in sales commissions, and failing to deliver any profits. Studnicky alleges Spiegelman’s “overbearing narcissism and obnoxious personality” alienated an original founding partner, employees and clients.

2. Vulcan Investment Partners, a fund founded by a group of leading Mexican businessmen and financial experts, had plans to go on a voracious buying binge when it announced six years ago that it planned to invest $150 million to purchase 1,200 single family homes throughout South Florida. Turns out that 41 properties Vulcan ended up buying were actually financed with allegedly pilfered funds from the Mexican state of Veracruz. The state sued Vulcan Dynamic Realty Fund and its CEO Inaki Negrete, Miami-based Nexxos Realty and its managing member Ana Maria Velasquez, and Delaware-based ACE Realty Holdings.

The Veracruz government claims the money used to buy the properties was stolen by Javier Duarte De Ochoa during his term as the Mexican state’s from 2010 to 2016. Duarte is currently awaiting trial on corruption charges in Veracruz after he was captured last year in Guatemala. Veracruz is seeking at least $25 million in compensatory damages and additional punitive damages, as well as control over the properties.

3. Jupiter developer Nicholas Mastroianni II has become somewhat of a guru in the world of EB-5 financing and investing. As founder of U.S. Immigration Fund for EB-5 Investment, Mastroianni has raised tens of millions of dollars for a number of major projects, including his own $170 million Harbourside Place in Jupiter. But nearly 80 Chinese investors in the Jupiter development sued Mastroianni in Palm Beach County Circuit Court, alleging he defrauded them by intentionally falling short of a $100 million capital fundraising goal.

Mastroianni, who’s been linked to President Trump’s longtime attorney, Michael Cohen, as well as to the Kushner Companies, vehemently denies the allegations and in a statement said that his company invested close to an additional $34 million in equity to “ensure all investors would receive their immigration benefits…. In addition, all investors have been, and continue to be, paid interest and their investment remains superior to the developers equity.”

More than 60 of the 78 plaintiffs have received their green cards, but have not been paid back, according to their attorneys.

4. Brenda Nestor lorded over Victor Posner’s estate for nearly 15 years until she was abruptly removed as its personal representative in 2016 for allegedly disobeying court orders to provide a full accounting of her management of the late corporate raider’s assets. So earlier this year, she sued the national law firm Akerman for breach of fiduciary duty, legal malpractice and civil conspiracy.

Nestor, a former-girlfriend-turned-business-associate of Posner’s who was named the primary beneficiary of his $321 million estate in 2002, alleged that she suffered damages as a result of “negligent and reckless” legal advice Akerman provided to her court-appointed successor of Posner’s estate. That successor, Philip von Kahle, sued the estate’s insurer to claim a $23.1 million bond she had posted back in 2002 that allowed her to operate Posner’s real estate business through his estate.

Von Kahle alleged that Nestor caused the Posner estate to lose $375 million in value to negative $50 million during her tenure as personal representative. In November, Nestor voluntarily dismissed the complaint.

5. Canadian developer Pierre Heafey and the Peluga family helped save the long-troubled Conrad Fort Lauderdale Beach project two years ago by becoming 51 percent owners and infusing $100 million in the development. But shortly after the condo-hotel finally opened this year, Heafey and the Pelugas, who own the NFL’s Buffalo Bills, became entangled in a legal battle with the Conrad’s original developers, Jose and Joseph Cabanas.

Between February and March, both sides sued each other for breaches of contract, self-dealing arrangements and delaying a $40.9 million sale of the property at 551 North Fort Lauderdale Beach Boulevard. The Heafey-Pegula company alleges that the Cabanas partnership has refused to execute part of the agreement that allows the Heafey-Pegula company to buy 20 percent of the condo-hotel units. The lawsuit claims the Cabanas partnership initially agreed to consummate the deal after Heafey and Pegula raised their offer from $37.5 million to $40.9 million last October, when the Conrad Fort Lauderdale Beach opened for business.

6. Stephen Hess was expecting to have 3,635 square feet of living space in the three units he bought at Muse Residences in Sunny Isles Beach. Instead, he lost about 400 square feet in each unit after realizing the floor plans included exterior areas such as columns, corridors and balconies that are not part of the units, according to a Miami-Dade Circuit Court lawsuit Hess filed against development entity PMG-S2 Sunny Isles LLC, which is controlled by Property Markets Group.

Hess is seeking to recoup more than $7 million in deposits he put down in 2014 and 2015. The buyer alleges a disclaimer in the sales materials was tiny and unreadable. Hess clams it violates Florida law regarding conspicuous type, which requires at least 10-point bold type. Attorneys for the developers refuted the allegations.

7. Local developer Ari Pearl agreed to leave a joint venture with the Chetrit family in 2017 to develop a massive five-phase development on the Miami River, consisting of 1,678 residential units, 330 hotel rooms, 266,000 square feet of retail and office space, and more than 2,000 parking spaces. But more than a year later, Pearl is trying to collect half of the $2.25 million that was part of the separation package.

Pearl is suing the Chetrit-controlled Miami River JV LLC in Miami-Dade Circuit Court for $1.125 million, the third and final payout as part of a settlement between the two. By paying Pearl, the Delaware-based joint venture company agreed to release and waive all claims against the joint venture, including “his employment by JV or his acting as a consultant to or on their behalf,” according to a 2017 contract that’s attached to the suit as an exhibit.

8. Yamile Espinosa and her company Miami Grand Realty brought a big-time buyer to look at units at Marina Palms Yacht Club and Residences. But when her client closed on a $5.5 million and a $440,000 boat slip, the developers and their in-house sales director muscled her out of a commission, Espinosa alleges in a May lawsuit filed in Miami-Dade Circuit Court. Espinosa claims she is owed roughly $356,400, representing the 6 percent commission she would have made on the sale.

Espinosa sued Marina Palms Realty, its manager Michael Internoscia, and Marina Palms Residences North and Marina Palms Residences South, the development entities. All three companies are owned by The Plaza Group and The Devstar Group, which built the two-tower project at 17201 Biscayne Boulevard through a joint venture. According to the lawsuit, Internoscia sold the penthouse and the boat slip in early 2017 to Pablo Otero and his company Blue Marlin without Espinosa’s knowledge or participation, even though Espinosa is alleging he was aware that she represented the buyer in previous transactions at Marina Palms.

9. Hotelier John Yanopoulos, who developed the W Fort Lauderdale, allegedly keeps disappearing on high-profile friends who give him six figure sums for investments. Former NFL running back Julius Jones, who claims Yanopoulos befriended him during one of his South Florida vacation, is suing the hotel developer in Miami-Dade Circuit Court for failing to repay $300,000 from a $500,000 loan. Yanopoulos missed a September 2013 deadline to satisfy the loan and it took him another two years to pay back $200,000, Jones alleges.

To date, Yanopoulos has not repaid the balance, yet was able to purchase a $3.1 million mansion in Pinecrest in March 2017, according to the suit. In 2016, Magic City Casino co-owner Isadore Havenick sued Yanopoulos for allegedly welching on a $500,000 loan.

10. Christopher Benjamin, an indigent man born with Albinism which caused him to develop problems with his sight, forced the Florida Realtors Association to place its member brokers on notice about violating local laws against discriminating against low-income renters. Benjamin filed civil lawsuits against 46 Miami-Dade and Broward brokerages and dozens of listing agents for allegedly engaging in discriminatory advertising practices, according to court documents.

The lawsuits allege realtor associates working for the defendant brokerages listed rental property advertisements that rejected individuals who receive Section 8 assistance, a federal program which pays landlords the balance of a rent payment that exceeds 30 percent of a renter’s monthly income. The Florida Realtors Association sent out an urgent legal alert to its membership to remind them that discriminating against Section 8 tenants violates Miami-Dade and Broward laws.

from The Real Deal Miami https://therealdeal.com/miami/2018/12/24/south-floridas-most-head-turning-lawsuits-of-2018/ via IFTTT

#The Real Deal Miami

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alfredrserrano · 6 years ago

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South Florida’s most head-turning lawsuits of 2018

From left: Craig Studnicky, John Yanopoulus, Philip Spiegelman, and Brenda Nestor

More than 60 of the 78 plaintiffs have received their green cards, but have not been paid back, according to their attorneys.

from The Real Deal Miami https://therealdeal.com/miami/2018/12/24/south-floridas-most-head-turning-lawsuits-of-2018/ via IFTTT

#The Real Deal Miami

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nicolesrollins · 6 years ago

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South Florida’s most head-turning lawsuits of 2018

From left: Craig Studnicky, John Yanopoulus, Philip Spiegelman, and Brenda Nestor

More than 60 of the 78 plaintiffs have received their green cards, but have not been paid back, according to their attorneys.

from The Real Deal Miami & Real Estate News News | & Curbed Miami - All https://therealdeal.com/miami/2018/12/24/south-floridas-most-head-turning-lawsuits-of-2018/ via IFTTT

#IFTTT #The Real Deal Miami & Real Estate News News | & Curbed Miami - All

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walterfrodriguez · 6 years ago

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South Florida’s most head-turning lawsuits of 2018

From left: Craig Studnicky, John Yanopoulus, Philip Spiegelman, and Brenda Nestor

More than 60 of the 78 plaintiffs have received their green cards, but have not been paid back, according to their attorneys.

from The Real Deal Miami & Real Estate News News | & Curbed Miami - All https://therealdeal.com/miami/2018/12/24/south-floridas-most-head-turning-lawsuits-of-2018/ via IFTTT

#The Real Deal Miami & Real Estate News News | & Curbed Miami - All

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findusonweb-blog · 6 years ago

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Harmony Homes estate agents pride ourselves on fast performance through our sales offices, working together as a team. Property sales and letting; residential and commercial properties in the Isle of Man.An Isle of Man estate agent focused on you, the customer, to give you an efficient and first class service.Why choose Harmony Homes estate agents to buy, sell or rent your Isle of Man property?We are focused on building our reputation, not resting on it.Friendly, enthusiastic & experienced sales staff, working harder for you.Excellent value on fees, to save you money.Quality details to present your home in the best light.Eye-catching colour particulars.Viewing 'feedback' and 'updates' to keep you informed.Computerised database and extensive mailing register.After-sales service progressing your sale to a successful completion.Internet marketing on a wide range of Isle of Man property directories including: Zoopla, manxmove.com, manxliving.com, manx.net, Property Pigeon, Prime Location, and isleofman.com as well as harmonyhomes.co.im 'Low-key marketing' is available if preferred. This service is often used by sellers of prestigious properties on the Isle of Man

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harmonyhomes · 5 months ago

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Find Your Dream Home: Apartments for Sale on the Isle of Man

The Isle of Man, nestled in the heart of the Irish Sea, is renowned for its stunning landscapes, rich history, and vibrant community. If you've ever dreamt of owning a slice of paradise, there's never been a better time to explore the array of Apartments for sale on the Isle of Man this charming island. From luxurious waterfront residences to cozy countryside retreats, the Isle of Man offers a diverse range of properties to suit every taste and lifestyle.

Why Choose the Isle of Man?

Natural Beauty and Tranquility

The Isle of Man boasts an unparalleled natural beauty that captivates residents and visitors alike. With rolling hills, pristine beaches, and scenic coastal cliffs, the island provides a serene and picturesque setting for your dream home. Whether you enjoy hiking, cycling, or simply soaking in the views, the Isle of Man’s diverse landscapes offer endless opportunities for outdoor activities and relaxation.

Rich History and Culture

Steeped in history, the Isle of Man is home to ancient castles, historic landmarks, and a unique Celtic and Norse heritage. The island’s vibrant culture is celebrated through numerous festivals, events, and traditions, providing a rich tapestry of experiences for residents to enjoy. From the annual TT motorcycle races to traditional Manx music and dance, there's always something happening on the Isle of Man.

Strong Community and Quality of Life

The Isle of Man is known for its strong sense of community and high quality of life. With low crime rates, excellent healthcare, and top-notch educational institutions, it’s an ideal place for families, retirees, and professionals alike. The island's welcoming atmosphere and close-knit community make it a wonderful place to call home.

Top Locations for ApartmentsDouglas

As the capital and largest town on the Isle of Man, Douglas offers a vibrant urban lifestyle with a range of modern amenities. Waterfront apartments with stunning views of Douglas Bay are highly sought after, providing easy access to shops, restaurants, and cultural attractions. Living in Douglas means being at the heart of the island’s social and economic activity, making it a perfect choice for those who enjoy a bustling city environment.

Peel

For those seeking a more relaxed coastal lifestyle, the historic town of Peel is an excellent option. Known for its beautiful sandy beach and picturesque harbor, Peel offers charming apartments with views of the sea and the iconic Peel Castle. The town’s friendly atmosphere and array of local shops, cafes, and seafood restaurants make it a delightful place to live.

Castletown

As one of the oldest towns on the Isle of Man, Castletown is rich in history and character. Its quaint streets, historic buildings, and proximity to the stunning Scarlett coastline make it an attractive location for apartment buyers. Castletown offers a peaceful, small-town lifestyle with a strong sense of community.

Ramsey

Situated in the north of the island, Ramsey is known for its beautiful harbor, Victorian architecture, and lush greenery. Apartments in Ramsey offer a mix of coastal and countryside living, with easy access to the island’s northern hills and beaches. The town’s vibrant market, parks, and friendly community create a welcoming environment for residents.

Types of Apartments Available

Luxury Apartments

For those looking for the ultimate in comfort and style, luxury apartments on the Isle of Man offer high-end finishes, modern amenities, and spectacular views. These properties often feature spacious living areas, state-of-the-art kitchens, and private balconies or terraces.

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The Isle of Man offers a blend of traditional and modern apartments to suit different preferences. Whether you prefer the charm of a historic building with period features or the sleek design of a contemporary apartment, you’ll find a variety of options available.

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Waterfront apartments are highly coveted on the Isle of Man, providing stunning views of the sea and easy access to the island’s beaches and marinas. These properties offer a unique lifestyle, combining the tranquility of coastal living with the convenience of nearby amenities.

Investing in Your Future

Apartments for sale on the Isle of Man is not just about finding a beautiful place to live; it's also a sound investment in your future. The island's stable economy, favorable tax regime, and strong property market make it an attractive destination for property investors. Whether you're looking for a permanent residence, a holiday home, or a rental property, the Isle of Man offers excellent potential for growth and return on investment.

Start Your Journey Today

If you're ready to find your dream home on the Isle of Man, now is the perfect time to explore the available apartments. With a wide range of properties to choose from, there's something to suit every lifestyle and budget. Begin your journey today and discover the unparalleled beauty and charm of island living.

For more information and to view the latest listings, visit Apartments for sale on the Isle of Man Your dream home on the Isle of Man awaits.

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elizabethcariasa · 7 years ago

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17 ways to save on your 2017 taxes

A view of Connemara, along Ireland's west coast, by Fred Bigio via Flickr CC.

St. Patrick's Day is almost here, but it's not the lush Kelly green landscapes of the Emerald Isle we taxpayers are thinking about right now.

We want to know ways to save some green on our taxes.

Inspired by the man brave enough, at least in myth, to face down snakes and the March 17th day we honor him, here are 17 ways to round up some tax savings from the almost as scary U.S. tax code.

1. Non-cash charitable gifts: If you gave household goods to or volunteered at your favorite charity, those actions could provide you with some added itemized charitable deductions. The value of the goods you give count, as do out-of-pocket expenses and even mileage in connection with your in-person good works.

2. Moving expenses: You can write off many moving expenses as an above-the-line deduction when you relocate to take another job. That applies to even your first job.

3. Job-hunting costs: Costs associated with looking for a new job in your current career field can be claimed as an itemized miscellaneous expense on your 2017 Schedule A. This includes things like fees for resume preparation and sending it out, as well as employment or outplacement agency fees. Note, though, that you have to have enough of these assorted costs to exceed 2 percent of your adjusted gross income before you can claim them. on Schedule A.

4. Child (and others) care credit: Uncle Sam can help pay for some of the cost of putting the kiddies in day care while you and your spouse work (or look for a job). Day camp costs also count here. And the credit counts beyond care of minor children. You can use it for costs to care for others whom you can claim as a dependent.

5. Many medical costs: Being sick sucks. Being really ill sucks and costs big bucks. But at least in the latter case, you might have enough medical expenses to get past the 7.5 percent of adjusted gross income threshold to claim the costs as an itemized deduction. If you're close to clearing that hurdle, look for other medical costs to add, such as travel expenses to and from doctor-prescribed treatments, insurance premiums you pay for from already-taxed income and even no-smoking and alcohol- or drug-abuse treatments.

6. Retirement tax savings: Most folks already know that in certain cases, contributions to traditional IRAs (which can be made up to the filing deadline) are tax deductible. Those, along with money you put into a Roth IRA and/or a workplace retirement account, also could help you cut $1,000 off any tax bill you owe thanks to the Retirement Saver's Credit.

7. Educational expenses: Uncle Sam is generous when it comes to helping fund higher education. There are the above-the-like deductions for student loan interest and college tuition and fees you paid. And yes, in case you were wondering the tuition and fees provision did expire at the end of 2016, but in January was renewed retroactively for the 2017 tax year as part of some last-minute budget bill machinations. On the tax credit side, there's the American Opportunity Tax Credit, which offers dollar-for-dollar tax savings of up to $2,500 and possibly even more for some as a tax refund. And don't forget the Lifetime Learning Credit, which provide students — including those done with full-time schooling but who take courses to help them get ahead at their jobs — a credit up to $2,000.

8. Energy-efficient home improvements: Yes, this tax break also is back, again retroactively for 2017 taxes as part of the 2018 budget bill. These relatively easy home upgrades, such as insulation, certain roofing material and exterior doors, windows and skylights, could give you some dollar-for-dollar tax credit savings if you made any of them last year. So if haven't already used up the lifetime maximum $500 Nonbusiness Energy Property Credit claim, be sure to do so now. The option might not be back for 2018.

9. Sales taxes, local and for big ticket purchases: This tax break, most beneficial for folks who live in one of the few states with no income taxes, lets you claim your state sales tax amount paid as an itemized deduction. No need to hang onto all those receipts. The IRS provides tables for each state with the average state sales tax amounts for various income levels that you can use in your Schedule A claim. But if your locality also collects a sales tax, be sure to fill out the worksheet on the Form 1040 instructions (or let your tax preparer or software do the job), or use the IRS' online sales tax deduction calculator. And definitely don't forget to claim the sales taxes on IRS-specified big purchases, such as a motor vehicle (car, motorcycle, motor home, RV, sport utility vehicle, truck, van or off road vehicle); aircraft or boat; a home (including a mobile home or prefabricated home) or a substantial addition to or major renovation of a home up to the amount of the general sales tax rate; and/or a motor vehicle leased for personal, not business, use. You might want to dig out those item's sales receipts.

10. Earned Income Tax Credit: The Earned Income Tax Credit, referred to as the EITC or sometimes the EIC, is a tax benefit for the working poor. The key word here is earned. You must make money from a job to get this tax credit, but not that much. The credit amount is calculated based on how much you make and the size of your family. But many folks without kids overlook the EITC. While it doesn't pay that much to child-free filers, you could qualify for some EITC benefits. And since it's a credit, it directly cuts what you owe the U.S. Treasury.

11. Casualty and theft losses: Dealing with a disaster is right up there with medical situations atop life's stress-o-meter. But like doctors' bills, some casualty and theft losses might be deductible as itemized expenses. And you don't have to suffer through a major natural disaster to have such a claim. Deductible expenses on your 2017 Schedule A also can come from such unfortunate incidents last year as a car wreck, loss of a financial account bank account due to insolvency of the bank, and uninsured losses from a burglary.

12. Costs related to caring for a parent: If you pay for the care for a parent and mom or dad qualifies as your dependent, you can deduct the parental assistance costs you incur. Costs of in-home care and nursing home care qualify, as do the many medical costs that older folks tend to have. In fact, those doctors' bill could pay off at tax time even if your parent doesn't qualify as a dependent for exemption purposes. You still can deduct mom's or dad's medical expenses on your return as long as you provide more than half of his or her support. And that could be just what you need to meet the deduction threshold cited in the medical costs (#5 above).

13. Credit for the elderly or disabled: If Mom and Dad are doing fine on their own, make sure they know about this tax break. It's available for those 65 or older or who are retired on permanent and total disability and received taxable disability income for the tax year. There are income limits and you (or your tax preparer or tax software) will have to fill out Schedule R. But the work could be worth it, as this tax credit ranges between $3,750 and $7,500.

14. Self-employment deductions: If you file a Schedule C, you'll find many items you can claim to reduce your self-employment income. But there are more directly on the long Form 1040 in the adjustments to income, aka above-the-line deductions, section at the bottom that form's first page. There you can deduct one-half of your self-employment taxes (that's the amount you figured on Schedule SE). You also can deduct 100 percent of the health insurance premiums you paid, as well as contributions you made to Keogh, SEP or SIMPLE retirement plans.

15. Deduct your private mortgage insurance: This is a tax break, like the EITC and Retirement Saver's Credit, that applies only to certain filers. But if you meet the requirements, you can write off the premiums you paid in 2017 on the private mortgage insurance (PMI) premiums your lender made you buy because you didn't put 20 percent down when you bought your house. And, yes once again, you remember correctly; this provision expired at the end of 2016, but like the home energy improvement tax credit and tuition and fees deduction, it was resurrected in January's budget bill for the 2017 tax year.

16. Mortgage refinance points: Home loan rates still are low, but some folks may still pay points to get an even more affordable monthly mortgage. In those cases, you can deduct the points on your tax return for that year of your residential purchase.

17. Foreign tax credit: This is a somewhat obscure, but relatively easy option for many investors with international holdings. Basically, if you paid tax on your holdings to another country, the tax law says you don't have to pay it again on your U.S. return. The amount of foreign tax paid should be on your 1099-DIV. If the total creditable foreign tax amount is $300 or less ($600 or less if married filing a joint return), you can claim the foreign tax credit right on line 48 of Form 1040. If your foreign tax is more than $300/$600, you'll have to fill out Form 1116 to claim the credit.

Some of these deductions, income adjustments and tax credits obviously apply to special filing situations. But that could be your tax circumstance. If so, don't waste the tax-saving opportunity.

Changes coming in 2018: And one final tip. Keep in mind that these tax deductions and tax credits apply to your 2017 tax return, which is due on April 17 this year.

You probably already got that from the many, many references above to 2017. But it's a necessary reminder since this year we've also been talking about tax changes for 2018 under the newly enacted Tax Cuts and Jobs Act (TCJA).

Some of the tax breaks listed here for 2017 returns will change or be eliminated under the TCJA that took effect this year. Those changes, though, are something to worry about once we're through with our 2017 taxes.

For now, here's hoping that at least some of these St. Patrick's Day prompted tax breaks will add to your tax savings pot of gold. Be sure to celebrate with a toast of green beer!

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jodym71945009393-blog · 7 years ago

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gillespialfredoe01806ld · 7 years ago

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Is Donald Trump’s Presidency Helping—or Hurting—His Real Estate Brand?

Getty Images; realtor.com

Ever since President Donald Trump kicked off his unlikely candidacy for the nation’s top political office in June 2015 at the foot of the golden Trump Tower escalators in Manhattan, he has become an unabashed hero to millions of Americans—and a pariah to millions more. But long before he was a polarizing politician, he was a brash and publicity-savvy real estate mogul who built one of the world’s most recognizable luxury real estate companies.

He spent a half-century building his real estate brand, and two and a half years (more or less) building his political one. We set out to discover what sort of impact Trump the politician—and the many controversies surrounding his presidency—has had on the value of his residential holdings.

“The bottom line of real estate is location, location, location. But that’s not entirely true. It is also perception, perception, perception,” says Marc Rudov, president of California-based MHR Enterprises, who advises CEOs on branding.

To see how Trump properties have fared since he ran for office, realtor.com® analyzed sales in all of the U.S. residential buildings listed on the Trump Organization’s website that had data available. These 23 apartment or condominium buildings, in seven states, come in many forms: from high-rise towers in Manhattan to luxury beach-side apartments in Miami. Some buildings are high-rises with a mix of apartments, hotel rooms, and street-level stores. (Data were not available for the Estate at Trump National, Los Angeles in California.)

Performance of Trump Properties.

Tony Frenzel

According to our analysis, in 2016, the year that Trump was elected president, the number of sales overall in his buildings fell 7.9% from the previous year. It dropped another 7.9% in 2017, his eventful first year in office.

Meanwhile, the median price of his properties dipped 2.3%, to $972,000, from 2016 to 2017. And that was significantly less than the 8.7% drop from 2015 to 2016. (In the 21 Trump buildings with sales in both 2016 and 2017, 15 experienced a decrease in the price per square foot.)

The prices of units purchased in his buildings fell in New York, Miami, Chicago, and Honolulu—four of his biggest luxury markets—in 2017. Only his combined condo and hotel in Las Vegas saw strong price gains. And only Manhattan and Las Vegas saw an increase in the overall number of sales.

Donald Trump’s remarkable skills at branding helped build the Trump empire. But financially speaking, that could be a double-edged sword for the nation’s most famous man, who now has a fervent base of supporters and detractors alike. As Rudov says, “If you are thinking about buying a unit in Trump Tower, what will the people in your social circle think?”

But it’s not only Trump properties that have seen a slowdown as of late. The luxury real estate market has softened nationally as more ultrahigh-end buildings are coming online around the same time, with fewer foreign buyers entering the fray. This is particularly true in New York City, where the bulk of Trump’s residential real estate (and his corporate headquarters) is located. The age and style of Trump’s Manhattan buildings may also be working against them in the sales market.

From cutting red ribbons to red tape

Al Drago/Bloomberg via Getty Images; George Pimentel/WireImage

It’s important to note that the president’s name on a building doesn’t mean he owns it. The full extent of Trump’s real estate is hard to track, since the Trump Organization is a private company that doesn’t disclose all of its holdings. Just because a building is listed on the organization’s website doesn’t mean the organization owns it or even a majority stake in it, and there are likely some buildings that aren’t listed at all.

Complicating the matter is that Donald Trump often licenses his name for all kinds of things, including to builders and developers. So not every Trump building is owned by the president and his family.

The Trump Organization did not respond to realtor.com’s requests for comment.

How are Trump’s properties doing in the city that made him famous?

The president cut his teeth on Manhattan real estate. And his glamorous, over-the-top luxury buildings have been synonymous with the city since the 1980s.

“Trump tried to get as much newspaper coverage as possible [early in his career], always pushing his Trump [brand] and the adjective ‘billionaire’ attached to his name or ‘successful real estate developer’ and ‘rich,’”says Gwenda Blair, author of “The Trumps: Three Generations of Builders and a President.” “He targeted [buyers] who wanted to show off.”

Donald Trump, with a model of Trump Tower in 1980, and outside the Tower in 1997.

Getty Images; realtor.com

There are 10 residential buildings in Manhattan, one of the bluest of blue cities, listed on the Trump Organization’s website. Five more developments are located in nearby suburbs in New York’s Westchester County; Stamford, CT; and Jersey City, NJ.

The total number of sales in the Manhattan buildings were actually up 24.6% in 2017—but median sales prices were down 2.4%. Of these, his prize jewel is the 58-story Trump Tower in midtown, where the price per square foot fell 17.8% from 2016 to 2017. That’s the biggest drop of his New York holdings. There were five sales in the building last year, ranging from $1.8 million to $3.6 million.

The 58-story tower, which carries his name in 4-foot-high golden letters, is located in a heavily trafficked stretch of well-off Fifth Avenue next to famed jeweler Tiffany & Co. When it opened in 1983, the edifice and its flamboyant design came to define the wealth, ambition, and unabashed consumerism of Manhattan in that era. At the time the New York Times wrote that the tower “is a clarion call to wealthy outsiders. … The doormen’s scarlet uniforms and white pith helmets—or high black fur hats in the winter months—evoke Buckingham Palace. Ivana Trump had them custom made in London.”

Trump Tower in New York

Tony Frenzel

The city’s democratic bent may be one reason for the famous building’s residential drop-off. But another is the U.S. Secret Service putting up 24/7 barricades on the street next to the tower after Trump won the presidential race. And the building started to attract protesters—lots of them.

Dolly Lenz, a luxury real estate agent and founder of Dolly Lenz Real Estate in New York, who has sold many units in the Trump Tower over the years, concedes that the frenetic scene is a turnoff to some potential buyers.

“People just want to be able to go in and out, and not go through X-rays,” she says. “If you’re getting back from a black tie and in your high heels, the car can’t even drop you off in the front.”

“I’ve had buyers who are looking for places in New York, but specifically said they don’t want to live in a Trump building,” adds Daniel Neiditch, president of New York–based River 2 River Realty, a luxury real estate brokerage, landlord, and developer. Buyers might “not feeling comfortable with people screaming in their face. And some may not feel comfortable with his name on their building.”

The next biggest price decrease among his Manhattan properties was at the 54-story Trump Palace, a 277-unit condo building on the Upper East Side. The number of sales rose from eight in 2016 to 10 in 2017. However, the price per square foot, a measure of the value of real estate, fell 14.9%, to $1,616.

Outspoken left-leaning commentator Keith Olbermann famously sold his three-bedroom condo in the building for $3.8 million in 2016. After the sale, he tweeted a picture of his keys and this message: “I got out with 90% of my money and 100% of my soul!”

Some buildings chose to remove the Trump name entirely. They included Trump Place, three buildings along the Hudson River on the Upper West Side, where tenants circulated a “Dump the TRUMP name” petition before he was elected. The Trump SoHo Hotel rebranded itself the Dominick Hotel, after a dropoff in business, including several visiting NBA teams that stopped staying at the hotel in protest.

Not every Manhattan buyer was uncomfortable with the Trump name. The city also brought some successes for the Trump Organization last year.

The price per square foot jumped 35.8% in Trump Parc, a former hotel converted into a 38-story condominium tower near Central Park. It was also up 25.2% at Trump Park Avenue, a prewar, 32-story condo building on the Upper East Side.

How are Trump properties faring in the rest of the country? Trump properties in Miami

Tony Frenzel

Nationally, Trump properties generally haven’t fared well since his presidential run.

In his five Florida buildings on Sunny Isles Beach, outside of Miami, sales dropped 23.6% from 2016 to 2017. (The price per square foot in these beach-front towers were also down 6.4% year over year, to $678.) These buildings feature all kinds of high-end amenities, including beachfront cabanas, tennis centers, and heated swimming pools.

Trump Towers at Sunny Isles Beach

felixmizioznikov/Getty Images

At the Trump Hollywood, a 41-story condo building located right on Hollywood Beach in South Florida, sales dropped from 10 units in 2016 to just three in 2017. The price per square foot fell 4.2%, to $692. The building features a theater room, wine cellar, and tasting salon along with a library, two spas, and four tennis courts.

An ocean away, at the Trump Tower Waikiki, which offers hotel rooms and condos in Honolulu, the number of sales also fell, by 13.9% from 2016 to 2017. The price per square foot dropped by 8.4% over the same period with the median sold price of $1,240,000.

But Donald Trump did have some bright spots, even in a state that wound up voting for rival, Hillary Clinton. At the Trump International Hotel Las Vegas, a combination hotel and condo tower off the Strip, the number of sales jumped 54.5%, to 51, in 2017. The price per square foot in the building also increased 13.6%, to $511.

But this is no typical Trump property. The median price of the units sold in the building last year was a more modest $265,000, the lowest of any of the properties listed on the company’s website. The small, furnished condos are popular with out-of-towners who stay in the units when they’re in Vegas, and then have the building’s management company rent them out (and arrange cleanings) the rest of the time.

Trump’s Las Vegas hotel

Tony Frenzel

“It’s a great location, it’s got phenomenal views, it’s right across from one of the best shopping malls in Vegas,” says Dino Satallante, real estate broker at Queensridge in Las Vegas, who is selling a unit in the building for one of his clients. And “you’re getting a little return on your investment and you don’t have to do anything.”

But some of that rise may also be attributed to the real estate market in Las Vegas, which has been very much on the rise as of late. In December realtor.com ranked Las Vegas as the best housing market going into 2018, with a projected price growth of 6.9%.

The age of Trump’s buildings is working against them

Another reason that some of Trump’s properties are seeing sales and price declines is their age: They’re older than the new crop of luxury buildings. Many of his New York City buildings in particular went up or were renovated in the 1980s or 1990s. So they’re competing against a slew of new construction with larger floor plans, the newest amenities, and more modern aesthetics. That makes them a harder sell, say real estate experts.

But despite being older than the newest crop of luxury towers coming online in the past few years, Trump’s units are still among the most prized for their price, says Lenz. Trump’s units in Manhattan sold at prices ranging from $551,000 to $15.9 million last year.

“They aren’t super luxury, and their price point reflects that,” Lenz says. But they’re immaculate, she adds. “He wants his [real estate] reputation to be sterling.”

Outside of New York City, the Trump Organization has some newer buildings. The Trump International Hotel and Tower in Chicago opened in 2009, a project that cost almost $850 million to construct. At 1,388 feet, it’s the fourth-tallest building in the United States.

Trump International Hotel and Tower in Chicago

Tony Frenzel

But the number of sales in the Chicago building dropped from 47 in 2015 to 31 in 2016, and 18 in 2017. And just last year, the price per square foot fell 16.9%, to $756.

“What we are seeing at Trump is atypical of the market,” says Gail Lissner, an appraiser and managing director of Integra Realty Resources in Chicago, which tracks 65 residential buildings in the city. That’s because the Chicago luxury market is typically more steady without big ups and downs.

“This is one of the nicest buildings in Chicago, despite what people might think of the Trump name,” Lissner adds.

The luxury market is softening—not just for Trump properties

Some of the forces working against Trump properties are those affecting the luxury condo market as a whole.

Nationally, it was harder to sell luxury real estate in 2017, as an influx of ultrahigh-end homes have entered the market in recent years. The days that luxury homes sat on the market, a good indicator of the strength or weakness of a market, increased 5.4%, to 116 days, according to realtor.com data. (We’re defining luxury as the most expensive 5% of homes in a given market.)

At the same time, the overall U.S. housing market heated up, with the days on the market falling to 71, a 7.3% drop.

Meanwhile, luxury real estate in Manhattan has taken an especially hard hit over the past few years.

This is partly due to fewer wealthy, foreign buyers, who are big players in the luxury market . For example, the Chinese government has imposed new restrictions making it harder for citizens to buy property abroad. Trump’s comments on immigration may also dissuade potential foreign buyers.

Foreign buyers are also typically in the market for second, third, or even fourth or fifth homes. So it’s not surprising that Trump’s buildings that cater to secondary home buyers, like Trump Tower, are down the most. The Trump International Hotel and Tower, a building that is home to more primary home buyers, has fared better, Lenz says.

“No perspective purchaser has ever told me they didn’t want to look at or buy a Trump property,” says Lenz. “[It’s that] luxury is down, not that Trump is down.”

The post Is Donald Trump’s Presidency Helping—or Hurting—His Real Estate Brand? appeared first on Real Estate News & Insights | realtor.com®.

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luxrestate60518 · 7 years ago