Real Estate

Mansion Global Daily: Jeffrey Epstein’s Paris Apartment Sells for €10 Million


Historic Sydney Mansion Sells for A$10 Million in One Day

A historic mansion in Sydney’s harborside suburb Mosman sold for A$10 million (US$6.86) the same day it hit the market. Dubbed a “Hollywood Hills masterpiece,” the five-bedroom house was designed in the 1930s by architect Alan Stafford for Wrigley’s Australia managing director George Ekblade. The home’s interiors feature timber floors, beamed ceilings and a formal dining room with large windows. Outdoors, there are multiple terraces, a pool, lawns and manicured gardens. The property was last traded for A$6.26 million in 2017. realestate.com.au

Jeffrey Epstein’s Paris Apartment Sells for €10 Million

Jeffrey Epstein’s lavish apartment in Paris, which has 7,373 square feet of living space with views of the Arc de Triomphe from its rotunda living room, has sold for €10 million (US$10.5 million). Some of the proceeds will be paid to victims of Epstein, a lawyer for the estate said. Epstein was arrested for sex trafficking allegations in July 2019 on his return to the U.S. from France and died in his jail cell in August 2019. The sprawling apartment features soaring ceilings, several reception rooms and bedrooms, a sauna and a fitness center. The sale also included a studio and a smaller apartment on the top floor of the building designed by Alberto Pinto. Bloomberg

U.K. House Prices Saw Their Biggest Monthly Decline in November Since June 2020

U.K. house prices fell 1.4% in November on a monthly basis, the largest month-on-month decline since June 2020, according to data from Nationwide. The average home price fell to £263,788 (US$323,607) last month from £268,282 in October, Nationwide said. On an annual basis, price growth dropped to 4.4% last month compared to 7.2% in October. “A lot of this reflects the fallout of the mini-budget and the big rise that we saw in mortgage rates, because that really did change the affordability calculations for prospective buyers and really made things a lot less affordable,” Nationwide’s chief economist Robert Gardner said. BBC 

Pop Singer Billy Joel Identified as the Buyer of a $9 Million Townhouse in Palm Beach, Florida

“Piano Man” singer Billy Joel has been identified as the buyer of a $9.05 million townhouse in Palm Beach, Florida, according to court records and sources familiar with the transaction. Mr. Joel bought the three-story townhouse nearly a year ago, but his identity was shielded then by an ownership company. The Italian-style home has four bedrooms and 4,956 square feet of living space, inside and out, according to a previous listing. Palm Beach Daily News



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