New York Sets New Record With US$ 100.5 Million Condo Sale

A two-story luxury condo in Manhattan has just become the most expensive apartment ever sold in New York City. A duplex penthouse spanning the top two floors of the One57 condominium tower was sold for $100.5 million, setting a record for the most expensive residential deal ever completed in Manhattan. The apartment, which spans all of the 89th and 90th floors of the 306-meter tower, with almost 1020 square meters, include 6 bedrooms, seven bathrooms, a steam room, a library, and an indoor movie theater. All apartments of this tower have soaring ceilings, rosewood flooring and custom Italian marble baths. Residents of the building also have access to a gaggle of uber luxe amenities, including a gym, a pool and Jacuzzi, a steam room, a library and a screening room. The trophy tower, which is nearly sold out, has attracted local and foreign buyers. Sales at One57 began in 2011 and reached US$ 1 billion in the first six months, including the last record deal. Another duplex at the building, spanning the 75th and 76th floors, is under contract to be sold for more than $90 million to an investment group that includes Bill Ackman. Earlier we reported, that the prime minister of Qatar was ready to plunk down nearly US$ 100 million for the city's most expensive penthouse - an ultra-luxe, two-story pad atop the under-construction One57 condominium. Now, the duplex penthouse owner name wasn't published. And though $100 million may seem like a lot, New York's priciest penthouse will most likely prove to be a savvy investment as more expensive homes continues to go on sale. Already, a tower on 520 Park Avenue has a penthouse on the market for $130 million, and prices are only expected to climb. Previous price record belonged to the Russian billionaire Dmitry Rybolovlev, who bought an apartment in New York for US$ 88 million for his student daughter.

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One Of The USA's Most Expensive Residential Estates Put On Market

The Palazzo di Amore, the nearly eight-year project of real-estate investor Jeff Greene, has listed for US$195 million, making it one of the most expensive residential listings in the country. In Beverly Hills, the 10 hectares compound includes about 4920 square meters of living space, 12 bedrooms and 23 bathrooms across several buildings. A quarter-mile driveway runs past a vineyard before reaching the main home, an over 3250 square meters Mediterranean-style villa. A separate, roughly 1390 square meters entertainment center has a bowling alley, a theater that seats 50 and a dressing room, and a discotheque with a rotating dance floor. Other amenities include a Turkish-style spa and a 39 meters long reflecting pool. Mr. Greene, who made a fortune betting against subprime mortgages, bought the estate out of receivership for US$ 35 million in 2007 from Saudi businessman Mishaal K. Adham and his wife, while it was under construction. Mr. Greene said he bought the estate as an investment property, though he and his wife, Mei Sze Greene, were married there in 2007, with Mike Tyson as the best man. The name "palace of love" is a nod to their nuptials. The couple's main home is in Palm Beach, Fla. Mr. Greene said he always intended to sell the property, but construction wasn't completed "until literally a month ago." "Honestly, I didn't think it was going to be this much work," he said. He estimated he spent US$ 25 million to complete the home, which he said was a shell when he bought it. He said the property has been rented over the years, mostly to Saudi royalty. It was most recently listed for rent in September at US$ 475,000 a month. Mr. Greene spoke fondly of the property, but looking back on the process, he isn't nostalgic. "In hindsight, I never would have done this," he said.

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A Castle Goes On Sale - And It's A Lot More Affordable Than You Might Think

A mini castle has gone on sale but the price tag is not as steep as might be expected. Set in the picturesque village of Upper Arley in Worcestershire, the two-bed semi-detached property even comes complete with its own turret. And the cost to get your hands on your own piece of history? Arley Tower is on the market for just US$ 420 thousand. Admittedly, it is a little small for the average sized family - but it's unlikely that you'll ever find a castle in this price range again. As well as it's own turret, the Grade II listed building boasts an octagonal staircase and roof terrace with sweeping views over the River Severn. It was built in a Gothic Revival style in the 1800s by Lord Mountnorris, owner of the Arley Estate. On the ground floor, you'll find two bedrooms with French doors leading from the master bedroom into the rear courtyard. Currently being sold by up market estate agents Knight Frank, the first floor has a vaulted living room and balcony. Inside, the house is surprisingly light and spacious, with modern decor and a large kitchen that looks out onto the back garden.

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Tom Cruise Sales Mansion For US$ 59 Million

After almost 20 years, Tom Cruise is looking to offload his beloved home away from home in the picturesque mountains of Telluride, Colorado. The 1.2 million square meters property has been listed by Telluride Sotheby's International Realty for a cool US$ 59 million. The almost 930 square meters estate was of course the setting for the Vanity Fair shoot in which he and then-wife Katie Holmes introduced their baby girl Suri to the world back in 2006, while they spent their precious first few months as a new family holed up there together during that summer. And while the actor maintained ownership of the sprawling property following his divorce from his third wife, his estate agent Bill Fandel tells The Wall Street Journal he has decided to sell the home as he hasn't had the time or opportunity to go there as much as he would like in recent years. The main house, which was constructed in an authentic wooden lodge style, features four bedrooms and six bathrooms, as well as cosy log fires to keep the place warn during those cooler winter months. It comes complete with a spacious library and an additional recreation room perfect for entertaining children and the young at heart. While the outdoors is all too inviting, with a private trail system leading to some of the most spectacular mountain views in the state, perfect for a brisk walk or run, there's also a gym for those cold or rainy days. The gated compound also features a sports court which can be used for basketball, tennis and even transformed into an ice hockey rink. Perfect for visiting family and friends, there's also a sizeable 148 square meters guesthouse on the property complete with three bedrooms and three bathrooms. According to the 52-year-old's realtor, the Mission: Impossible star completed construction on the native stone and cedar home in 1994. In the two decades since, plenty of gorgeous green foliage has sprung up around it, with towering ponderosa pine and Douglas fir trees provide the ultimate natural seclusion. While several properties acquired during his five-and-a-half-year marriage to Katie were divided up during their divorce, Cruise's Telluride mansion - which is an easy 12-minute drive from downtown and the Telluride Ski Resort - was not among them.

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Ghost Town For Rent In Turkey

One of the world's spookiest "ghost towns" - abandoned nearly 100 years ago in the fallout of the First World War -could be reborn as a major tourist hub. To capitalize on its growing popularity among intrepid holidaymakers, Turkey's government is auctioning off a 49-year lease on the deserted village of Kayakoy (know by the Greeks as Levissi) in return for its partial restoration. Set against the Taurus Mountains, the village has hundreds of crumbling stone houses and two churches that seem to be trapped in time. Dating as far back as the 18th century, the weathered ruins are part of a protected archaeological site that has become a big draw for travelers. Turkey has announced that it will partially open the archaeological site to investors and the restoration project will include a hotel and tourist facilities that will encompass one-third of the village, the Hurriyet Daily News reported. That is, if someone submits a successful bid in the auction on 23 October. An auction held last year was unsuccessful. The project is expected to cost US$ 13 million and two companies have already expressed interest in bidding, but critics fear the town could lose its authenticity or originality, according to the newspaper. Kayakoy, a Unesco World Friendship and Peace Village, is located in the Fethiye Peninsula, not far from white sand beaches and pricey resorts on the Aegean coast. The village was abandoned when its inhabitants returned to Greece in a population exchange between the two countries in 1923 following the Greco-Turkish War.

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