The Warmth of Wood Taken to New Heights
Mass timber, an engineered product of composite wood, provides a futuristic way to use one of the world’s oldest building materials. Read More
BY THE NUMBERS
TRENDING TODAY
LISTING OF THE DAY
An 18-Acre Beachfront Compound in a Dramatic Field of Boulders on the British Virgin Islands
The turnkey estate offers more than 1,000 feet of frontage on Big Trunk Bay, 14 bedrooms, a huge pool and a tennis court. Read More
THE INSIDERS
A Theater Major Turned Architect on His Approach to Design
Calvin Tsao aims to create beauty with “the lightest touch.” Read More
NEWS BITES
Full-Floor Apartment in Sydney With Sweeping Views Hits Market for A$2 Million
A whole-floor apartment in an award-winning building, Newtown Silos, in Sydney’s inner west has hit the market with a guide price of A$2 million (US$1.35 million). The residence spans more than 1,860 square feet with three bedrooms and two bathrooms. It features 270-degree views of the city skyline to the north, the Blue Mountains to the west and Botany Bay and the ocean to the east. The home also has private elevator access, one parking space and rooftop gardens. Domain
A Fixer-Upper in the U.S. Costs 45% Less Than a Turnkey Home, Study Shows
The median price of a fixer-upper in the U.S. is $225,000, which is 45% cheaper than a turnkey home of the same size in a similar location, according to a study by Porch, a home improvement website. Currently, a typical fix-upper is also nearly 20% cheaper than it was in 2021, when the median price for a home that needed a little TLC was $280,000, according to Porch. Fox Business
Luxury Apartments to Be Auctioned in England Building Dating to 11th Century
Apartments within a stately home in Lancashire, England, are set to go up for auction. Lathom House and Park, near Ormskirk, dates to the 11th century and the park was one of the largest medieval deer parks in the North West of England. Two luxury three-bedroom apartments on the estate are set to go under the hammer on July 19, with a guide price of £275,000 each (US$327,027). Liverpool Echo
A Triplex in a Manhattan Townhouse Hits the Market for $8.5 Million
A triplex in a seven-unit townhouse on the Upper West Side of Manhattan has come to the market for $8.5 million. The apartment, located on the lower levels of the 1889 brownstone on West 76th Street, has 3,000 square feet of living space with four bedrooms, formal living and dining rooms, a modern kitchen and a media room/office. Throughout, the home features high ceilings, herringbone-patterned hardwood floors, marble fireplaces and designer finishes. 6sqft
AROUND NEWS CORP
End of New York City Tax Incentive Imperils Apartment Construction [The Wall Street Journal]
Small Developers Risk Collapse as Cost of Building Materials Soar [The Times of London]
Kristen Wiig Reportedly Sells Case Study House to Lily Collins for $3.9M [Realtor.com]
How Backyards Have Buyers Seeing Green [news.com.au]