Thursday, November 21

Tag: property

A Florida Home Is Betting It Can Sell for $15 Million More Than It Did Two Years Ago
11Dec By adminNo Comments
World

A Florida Home Is Betting It Can Sell for $15 Million More Than It Did Two Years Ago

Listen to article(2 minutes)Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert.An oceanfront home in Vero Beach, Fla., is listing for $42 million, about $15 million more than it sold for two years ago.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Climate Change Is Breaking Insurance. Here’s How Tech Could Save It.
9Dec By adminNo Comments
Technology

Climate Change Is Breaking Insurance. Here’s How Tech Could Save It.

If floodwaters outside a warehouse in Freeport, Texas, owned by private investment firm Postlane Partners rise to 8 inches, an internet-connected sensor will trigger an automatic $3 million payment from an insurance company, a startup called FloodFlash. If the waters rise to 16 inches, the payment will also rise—to $5 million.  This type of policy, called parametric insurance, works like a bet. It has a defined payout, which limits the liability of the insurer. And it comes from a new breed of insurance company, stepping in to shoulder risks that traditional insurers can’t—or won’t—take on, because climate change has made more typical kinds of coverage unprofitable.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Climate Change Is Breaking Insurance. Here’s How Tech Could Save It.
9Dec By adminNo Comments
World

Climate Change Is Breaking Insurance. Here’s How Tech Could Save It.

If floodwaters outside a warehouse in Freeport, Texas, owned by private investment firm Postlane Partners rise to 8 inches, an internet-connected sensor will trigger an automatic $3 million payment from an insurance company, a startup called FloodFlash. If the waters rise to 16 inches, the payment will also rise—to $5 million.  This type of policy, called parametric insurance, works like a bet. It has a defined payout, which limits the liability of the insurer. And it comes from a new breed of insurance company, stepping in to shoulder risks that traditional insurers can’t—or won’t—take on, because climate change has made more typical kinds of coverage unprofitable.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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San Francisco Is Building to Bring Residents Back
6Dec By adminNo Comments
World

San Francisco Is Building to Bring Residents Back

Real-estate developers are launching a series of residential projects in San Francisco, responding to new efforts by the state and city to create more housing in one of the country’s most expensive places to live. In what would be the city’s most ambitious residential development in several years, local property developer Bayhill Ventures last month announced plans for a 71-story rental tower in San Francisco’s ailing financial district. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Late Lynyrd Skynyrd Guitarist’s 80-Acre Georgia Estate Lists for $12 Million
4Dec By adminNo Comments
World

Late Lynyrd Skynyrd Guitarist’s 80-Acre Georgia Estate Lists for $12 Million

Listen to article(2 minutes)Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert.Right up until his death in March, Lynyrd Skynyrd founding member Gary Rossington played guitar in a modest music studio on his 80-acre Georgia estate, according to Dale Rossington, his wife of 41 years.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Dusit to open first Malaysia property – Business Traveller
2Dec By adminNo Comments
Travel

Dusit to open first Malaysia property – Business Traveller

Dusit Hotels and Resorts has signed to manage its first hotel in Malaysia – ASAI Gamuda Cove – near Kuala Lumpur. Slated to open in the first quarter of 2026 next to the Paya Indah Discovery Wetlands, the new hotel promises to seamlessly link guests to other hotspots within the Gamuda Cove development, such as Discovery Park, SplashMania Waterpark, and a pedestrian-only commercial hub. Kuala Lumpur airport will be 20 minutes away by car, and the city centre can be reached in 40 minutes. Operating under Dusit’s locally focused lifestyle brand, ASAI Hotels, the 280-key ASAI Gamuda Cove hotel enjoys the distinction of being the first hotel signed under Dusit’s expanded ‘ASAI Tropical’ model, specifically tailored for properties located in areas of “outstanding natural beauty”. Like Dusi...
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Former Apple Exec Lists Aspen Home for $45 Million
29Nov By adminNo Comments
World

Former Apple Exec Lists Aspen Home for $45 Million

As Apple’s vice president of real estate, design, and construction for 13 years, Bob Bridger helped design the tech giant’s glassy, expansive stores. When he built a home in Aspen, Colo., after leaving Apple in 2015, he brought some of that sensibility to the contemporary estate, which has floor-to-ceiling windows and a “clubhouse” building with a glass garage door. Through Bridger’s relationships with vendors from his time at Apple, he connected with the owners of a quarry in Marble, Colo., and was able to handpick the stone in the house. After several years of construction, the property was completed in 2022, and Bridger is now putting it on the market for $45 million. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Stephen Sondheim’s Longtime New York Home Sells for $7 Million
28Nov By adminNo Comments
World

Stephen Sondheim’s Longtime New York Home Sells for $7 Million

Listen to article(2 minutes)Stephen Sondheim’s longtime New York City townhouse has sold for $7 million, according to listing agent Michael Franco of Compass.Franco declined to name the buyer, but said the purchaser is a Sondheim fan based in New York City who plans to make the Midtown townhouse his primary residence. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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