SELECT LANGUAGE BELOW

John Paulson to face fraud claim over $17M luxury dealership investment

A Puerto Rican judge has rejected billionaire John Paulson’s bid to dismiss a fraud lawsuit brought by his former business partner over a $17 million investment in a luxury car dealership. U.S. District Judge Camille L. Velez Rib in San Juan, Puerto Rico, on Monday allowed Fahad Ghaffar to proceed with his securities fraud and […]

Upper West Side luxury rental tower Aire sells for $265M

A luxury Upper West Side rental apartment tower known as Aire was quietly sold to the established Gotham Organization and Carlyle Group, a Realty Check investigation has learned. This confirms that new energy will be born in the multifamily investment sales market. The 43-story, 310-unit building at 200 West 67th Street behind Lincoln Center sold […]

22 luxury cars found in Belgian warehouse, 6 Porsches and 16 Ferraris

Luxury car enthusiasts are in a frenzy over the surprising discovery of 16 Ferraris and six pouches found inside an old warehouse in Belgium. The owner of a warehouse in Brussels discovered 22 luxury cars and contacted car collecting organization Oldtimer Fam to have the cars appraised. “There were a lot of very rare Ferraris […]

Luxury home values to decline across globe this year: Report

Luxury real estate in the world’s major markets will experience difficulties in 2024, according to new research. Real estate firm Savills has predicted that growth in residential capital values ​​in many cities around the world will slow this year and be significantly lower than in 2023. reported by bloomberg. The UK-based brokerage said in a […]

Mercedes debuts $1B luxury tower where apartments cost up to $10M

Mercedes-Benz has debuted a $1 billion luxury residential tower in Dubai, where apartments are expected to cost as much as $10 million each. The luxury car company, dubbed Mercedes-Benz Place, has announced its entry into the real estate industry. Instagram This is being done in collaboration with UAE developer Binghatti. The 65-story building will rise […]