Marina Terrace, Lake Wanaka is no more
Several projects in downtown Dallas have been canceled or work has stopped mid-flow as the credit crisis arrives in Dallas with a bang. Prescott Realty Group stopped work on the 22-storey “Heritage at the Stoneleigh,” condominium tower in Uptown near Maple Avenue when financing dried up part way through the project. Hillwood, the developer at The Victory Park project, a 43-story hotel and residential tower has also stopped work, and a partially built parking garage and wooden construction fencing are all that remain. Source – Dallas News
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Whilst the Wall Street journal is predicting more doom and gloom for Manhattan luxury real estate following the Lehman Brothers fall, a new record sale has been made across the Atlantic, in the south of France.
More on Luxury Real Estate in France – Unique property fetches a King’s ransom
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Luxury real estate news from around the world. Ups, downs, new developments and disasters abound.
The Wall Street Journal reports on a new luxury development in downtown Houston. The WaterLights District.
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Cher no longer wants to be Malibu Barbie. She’s putting her (approximately) 14,000-square-foot mansion (Mr. Big Time lists it as just over 13,000 sq. ft., as does Real Estalker) up for sale. To the tune of $45,000,000. That’s just crazy talk! But, it’s true, and listed with Hilton & Hyland.
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A private jet could be considered to be the ultimate in luxury lifestyle accessories. Apart from the luxury of not having to deal with the cattle market approach most airlines seem to use, a private jet allows you to pick and choose destinations, timeframe, and perhaps more importantly, travel in luxurious comfort.
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