Most Expensive Penthouse in San Francisco Sold

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A two-floor, $28 million San Francisco penthouse has made history as the most expensive condo sold in the city’s history.

The 20,000-square-foot condo features floor-to-ceiling glass windows, six bedrooms, seven full baths, four powder rooms; 2,500 square foot master suite, thirteen-seat home cinema and four terraces, four fireplaces and six car parking.

The penthouse was originally asking $70 million in 2008 by Victor MacFarlane, a real-estate developer who bought three apartment shells and combined them.
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One57 to be NYC’s Tallest Residential Tower

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One57, the ultra-luxury condo tower that’s under construction on West 57th Street, is being billed as the tallest residential tower in New York City.

Thirteen condos in the building are listed with asking prices of $42 million or more, and two high-floor duplexes are priced at $98.5 million.

The 90-story glass tower will feature 95 residences above a Park Hyatt. Hotel amenities will be available to residents.
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Obama’s Martha’s Vineyard rental sells

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The Martha’s Vineyard estate that President Barack Obama and his family have rented for their past three summer vacations has sold to British architect Norman Foster for $22.4 million.

The property is known as Blue Heron Farm. It has 28½ acres of land in Chilmark, Mass., and an additional 3.8 acres in Tisbury.

The property includes two large homes, equestrian facilities, a tennis court, a basketball court and a par-three golf course.
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The most expensive beach apartment in the world

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Originally listed for $27M in 2010, this penthouse just sold for $21.5 million and was owned by Netscape Founder Jim Clark.

The Miami Beach condo property is a 5803 square-foot, multi-story residence that sits at the top of The Setai, overlooking South Beach and the Atlantic Ocean.

The world-famous 40-storey Setai Resort is serviced by Singapore-based, five-star hotel management company GHM Hotels.
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Porsche Design Tower complete with car elevators

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A Miami Beach condo developer plans to build a new skyscraper with a robotic parking deck built in.

The Porsche Design Tower project will allow owners to ride their vehicles into a robotic elevator system that drops them and their vehicles at their doorstep.

The $560 million tower will rise in Sunny Isles Beach as part of a collaboration between Porsche Design Group and a local developer, Gil Dezer.
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Queen to rent out palace during London Olympics

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Queen Elizabeth II has given her approval to rent out state apartments at St. James’s Palace as party venues during the 2012 London Olympics.

Companies with long-standing ties to the royal family that hold royal warrants can now have a chance to throw a bash in the royal palace.

The palace is in a prime spot for a number of the Olympic events which will take place in London next year, including beach volleyball, which will be held in nearby Horse Guards Parade, and the marathon, which will start and finish in The Mall.
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