“There was never any doubt that Grove developer Rick Caruso’s forthcoming residential/retail tower near the Beverly Center would not be for the plebs, but now his firm Caruso Affiliated has revealed that the 19-story project at La Cienega and San Vicente will in fact be a “sister property” to the super-fancy 8500 Burton, a neighboring… Continue reading

Great article originally posted at Business Insider written by CATHERINE SHERMAN, ZILLOW I didn’t buy the most expensive home I could afford, and here’s why you shouldn’t, either If one of the following words accurately describes your home, you might want to consider adding it to your listing. 1. Luxurious As mentioned above, lower-priced listings… Continue reading

“According to celebrity gossip juggernaut TMZ, uni-named superstars Jay-Z and Beyoncé have enrolled their three year old child in a pricey private school in Los Angeles and rented a newly built and thoroughly modern mansion in the high-toned Holmby Hills ‘hood at a discounted but still staggering $150,000 per month. The children may recall the… Continue reading

“It’s hard to imagine that the space where the Beverly Center is now located was once home to a bustling children’s amusement park that served as the inspiration behind Disneyland. Beverly Park, which parents nicknamed Kiddieland, operated from 1945 to 1974 on the corner of Beverly Boulevard and La Cienega Avenue. Jay Jennings, an amusement… Continue reading

Media magnate Rupert Murdoch sold his house in Beverly Hills for $30 million, public records show. “Quietly listed” outside the Multiple Listing Service last year, the property attracted interest from such Hollywood A-listers as Leonardo DiCaprio and drew multiple offers. Murdoch ended up pulling the property off the market. His youngest son, James Murdoch, has… Continue reading

Renting in the Hamptons is never cheap, but some homes are far more expensive than others. We rounded up the most expensive properties that are currently still available for summer renting season, Memorial Day through Labor Day. Most of them are in Southampton — one of the most expensive neighborhoods frequented by celebrities and big shots… Continue reading

On Saturday, The New York Times released a fantastic investigation into the influx of foreign wealth in the New York City luxury real estate market. Looking at more than 200 limited-liability corporations (LLCs) and trusts, The Times’s Louise Story and Stephanie Saul attempted to unravel who exactly lived in the Time Warner Center and other… Continue reading