December 22, 2024 - 19:53
The lavish mansion, originally listed for an astounding $78 million in October 2018, has seen significant price adjustments over the years. After failing to attract buyers, the property was relisted exactly one year later at a reduced price, but interest remained elusive. The owner, known for founding the renowned Mr. Chow restaurant chain, has now made a fifth attempt to sell this extraordinary estate, recently cutting the asking price by an impressive $13 million.
This stunning residence, inspired by museum aesthetics, boasts an array of opulent features and exquisite design elements that reflect the owner's taste for luxury. With its spacious layout and meticulously curated art collections, the mansion offers a unique living experience that combines comfort and sophistication. Despite the substantial price reductions, the property continues to remain on the market, showcasing the challenges of high-end real estate sales in an ever-evolving market. As the owner seeks to find the right buyer, the mansion stands as a testament to lavish living and artistic expression.
June 15, 2025 - 01:59
Home Prices Expected to Rise in 2025, According to NAR ForecastThe National Association of Realtors (NAR) anticipates a 3% increase in home prices across the United States in 2025. This projected growth is largely attributed to a resurgence in housing sales...
June 14, 2025 - 02:38
Historic GE Headquarters in Fort Point Sold for $57 MillionBOSTON — The building in Boston’s Fort Point neighborhood that once served as General Electric’s temporary headquarters has been sold for just over $57 million. This transaction comes at a...
June 13, 2025 - 09:39
Will the New Tax on Non-Owner-Occupied Mansions Attract Celebrities to Rhode Island?As discussions intensify around the newly proposed tax on non-owner-occupied mansions, local real estate stakeholders are expressing concerns about its potential impact. Dubbed the `Taylor Swift...
June 12, 2025 - 21:48
California Attorney General Takes Action Against SoCal Landlord for Tenant ExploitationIn a significant legal move, California Attorney General Rob Bonta has initiated a lawsuit against prominent Southern California landlord Mike Nijjar. This action follows an extensive three-year...