<![CDATA[Gawker: real estate porn]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: real estate porn]]> http://gawker.com/tag/realestateporn http://gawker.com/tag/realestateporn <![CDATA[Inside Lachlan Murdoch's $21 Million Mansion]]> Rupert Murdoch's oldest son Lachlan and wife Sarah have landed a mansion in the inner suburbs of Sydney. Here are the sort of digs being an heir to the News Corp. family fortune buys you.

The Georgian mansion in Sydney suburb Belleview Hill certainly has a belle view indeed, looking out on Sydney harbor and the Pacific Ocean. It's 4,100 square meters spread out over six bedrooms, two studies, five bathrooms, multiple living rooms, and even a three-car garage.

Let's take a look inside, shall we?

[Images via Domain.au]

The outside of the house.
The grounds including the swimming pool.
This is the view the paparazzi will get skulking in the bushes.
One of the studies.
A lovely living room.
The main staircase.
Looks like someone needs to mow the tennis court!
The lawn in the back yard looks much nicer.
That's quite a patio view.
The view of the harbor.
Aerial shot of the grounds.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5398741&view=rss&microfeed=true
<![CDATA[Real Estate Mogul Revealed as Buyer of Bernie Madoff's Montauk Coke Den]]> Billionaire real estate mogul Steve Roth has been unmasked as the lucky winner in the bidding for Bernie Madoff's Montauk $9.4 million beach house.

There were four bidders for the 1.2 acre, 3,000-square-foot beachside four-bedroom home, which sold last Friday. But the Wall Street Journal reports thatRoth, who heads the Vornado Realty Trust, won out. Maybe he just gets a kick out of the idea of living amid the ghosts of all Madoff's crazy coke parties—according to the New York Daily News' account of a lawsuit filed this week, Madoff's operation was an "animal house with 'a culture of sexual deviance' that often hosted drug-fueled parties featuring topless waitresses who wore little more than G-strings." Madoff referred to cocaine as "North Pole."

And the beach house does have an early-'80s Bolivian-marching-powder vibe to it. Can't you can almost see a skinny half-dressed blond rooting around on the floor behind that toilet, looking for glassine bags?

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5388662&view=rss&microfeed=true
<![CDATA[Twitter Co-Founder's Cast Off Penthouse]]> Evan Williams is on the move. The Twitter co-founder and his wife are building a "modern house" and just put their old place, a two-bedroom San Francisco penthouse, on the market for $1.5 million, Curbed reports. Have a look.

Though investors recently valued Twitter at $1 billion, Williams has yet to cash out. Both his old and new place were presumably funded with money and lucrative pre-IPO shares the serial entrepreneur made selling Blogger to Google.

The riches do not appear to have been invested in the penthouse's current furnishings: Either Williams or his stager seem to have ordered the entire Pier 1 catalog right up.

Whatever. A similarly blah getup did not inhibit the sale of the Berkeley home of Williams' fellow co-founder Biz Stone, which has changed hands barely two months after it went on the market.

Pics via McGuire and Curbed.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5372341&view=rss&microfeed=true
<![CDATA[A Look at Polanski's Lovely Alpine Jail Cell]]> If Roman Polanski wins his petition for house arrest he'll probably end up here at "Milky Way," the chalet he owns outside Gstaad. At least it's got a view. [Images via Getty]



]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5371363&view=rss&microfeed=true
<![CDATA[Bernie Madoff's Palm Beach Hideout]]> All of Bernie Madoff's luxurious old shit is for sale. You've seen his Montauk getaway home and his UES penthouse; now, thrill to the sight of his Palm Beach vacation home! Buy it for $8.5 mil. Full of knick-knacks!

The front! Tree included.

The slimy pool.

There is a dock as well, out back.

Bernie used this telescope to spy on manatee sex. Satan flag in background.

Where Bernie Madoff fucked America.

He had all these paintings of bulls on his wall. Seriously, dude.

This golden bull proves Bernie Madoff had no taste.
[Pics: AP]

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5357417&view=rss&microfeed=true
<![CDATA[Bernie Madoff's Penthouse Prison]]> Bernie Madoff is quite the real estate enthusiast! Last week his beach house went on sale (and offers are pouring in). Now, the real prize: Madoff's UES penthouse and house-arrest area is on sale for $7 million. It's decent.

The patio, from which Madoff would toss pennies at innocent passersby below.

Ruth Madoff's home office. Only pure thoughts ever existed within these walls.

Ruth Madoff's personal bathroom. She probably peed in this shower.

This evil kitchen gave sustenance to Bernie Madoff.

Bernie Madoff bought a flat screen TV and exercycle for this bathroom just because he could.

The foyer and dining room. Yea, it's big.

A poster commemorating the time Bernie conned a fish out of $3.5 million.

The master bedroom. Canopy bed? What a dork.
[Pics: AP]

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5355449&view=rss&microfeed=true
<![CDATA[Tour Bernie Madoff's Lovely Beach House]]> You could be the proud new owner of The Madoffs' Montauk beach estate, for the low low price of $8.75 million or so! Click through for a photographic tour of your future party pad—including the sexxxy room!

The front of the house thing!

The porch!

The dining room!

The living room!

The kitchen!

The master bathroom!

The pool!

Where the magic happens!

[Pics: AP]

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5350473&view=rss&microfeed=true
<![CDATA[Is Brooklyn Heights Ready for Björk's Köokiness?]]> Her Majesty of Outlandishness Björk and her avante garde filmmaker husband Matthew Barney have shelled out several million for a house in Brooklyn Heights. From the look of the pictures, they've got a lot of remodeling to do.

Their space-man tchotchkes and experimental art films may not fit in with the neighborhood or the rather conventionally decorated penthouse at 160 Henry Street. It has 3000 square feet with four bedrooms, four baths, and nine rooms total. It's a doorman building, so you won't be able to camp out and wait for her to leave to tell her about how Medúlla changed your life. The listing was for $4.2 million, but we're not sure exactly how much they paid.

Daily Intel says they're asking $1.7 million for their apartment on West Houston St. It won't cover the cost of the new pad, but it will be a good chuck of change to cover up those red walls with doodles of wood nymphs.






]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5342013&view=rss&microfeed=true
<![CDATA[Can John Hughes' Death Sell Cameron Frye's House?]]> John Hughes has already gotten a film deal for some young filmmakers, so maybe some added attention can sell the famous contemporary abode from Ferris Bueller's Day Off, which has been on the market since May.

Chicago Now brought our attention to the listing for the $2.3 million pad which is in Chicago suburb Highland Park. Aside from being a landmark, the house has four bedrooms, four baths and four additional rooms totaling 5,300 square feet.

Someone needs to tell the listing agent that a picture of a Ferarri slamming through the house's back window might at least get some potential buyers to check the place out. However, based on the design aesthetic, it appears that—like Ferris Bueller costar Jennifer Grey—the last time it had some work was in the '80s.








]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5334925&view=rss&microfeed=true
<![CDATA[Someone's No One's Lying About the Price of Tim Geithner's House]]> On The Daily Show last week, John Oliver explored the difficulty Treasury Secretary Tim Geithner is having selling his house. It was funny! But was it true? Geithner or his broker might have been lying a little bit! [UPDATE: Corrected.]



Correction: So we got this totally wrong. The price listed above was the last sale price when Geithner bought the house. He bought it in 2004 for... $1,601,700. But this is the best part, that The Daily Show didn't mention: Geithner bought the house, at the height of the bubble, from Goldman Sachs Vice President Michael Millette.

Millette might have not put the house on the market when he sold it to Geithner, which would maybe explain why the 2004 sale price wasn't mentioned on the property report we saw.

Additionally, the day Geithner bought the house, he took out a $250k home equity line of credit.

After hosing Geithner, Millette bought a $1.3 million home in New Rochelle. Then he donated $2,300 to John McCain.

We were wrong, obviously, about all of this, and we apologize for accusing anyone of lying. Also we apologize for thinking Geithner was canny about real estate.

Original story:

According to John Oliver, Geithner bought this Westchester house for $1.6 million in 2004. Once he got the new gig in DC, he put it on the market, asking $1.635 million. So the joke is that he bought at the height of the (Fed-approved) bubble and is now, in this shitty marker, asking for even more money. Even the realtor, Ms. Debbie Meiliken, says he's asking way too much!

But! According to the public records, Geither and his wife bought the Larchmont, NY house in 1998. For $705,000.

So someone just made up the $1.6 million in 2004 thing. And Geithner is maybe not as clueless about this real estate thing as it seemed!

According to another Westchester real estate broker, who contacted us, Geither's renting out the house for $7,500 a month. So, you know, the house can stay on the market for a while, as he's making 9.7% on his initial investment. Or more!

Since he also holds a $515,000 mortgage on the property, he is likely netting much more than that, because the lending rate at the time was no greater than 5.5%. Assuming he took a 30 year mortgage, Mr. Geithner is now making 17.89% on his initial investment of $190,000. This does not include amortization.

So don't worry: you can totally trust Geithner to fix the housing crisis now. And if you're facing foreclosure, rent your house out and move to Washington.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5329867&view=rss&microfeed=true
<![CDATA[Twitter Co-Founder Moving Out of Minimalist 'Poet's Cottage']]> Biz Stone is selling his two-bedroom home in the Berkeley Hills. The Twitter co-founder didn't say why "it's time to move;" maybe to live closer to Twitter HQ in San Francisco, or maybe he's just outgrown this artist's hovel.

Just look at it: The two-bedroom cottage lists at less than $600,000, making it practically a shack by the standards of the Bay Area tech elite, who can easily pay seven figures for a basic, single-family home in their favored neighborhoods. Sure, it was designed by modernist architect William Wurster, but where is a tech mogul going to park his helicopter?

Living in such a small place may have been a necessary sacrifice when Stone, a sometime writer, was churning out such literary achievements as "Who Let the Blogs Out?" and "Genius Strategies for Instant Web Content," works in which he earned the right to call this a "poet's cottage."

But now that Stone has empowered the world to write beautiful poetry, 140 characters at a time, it's time to move on. Aspiring artists/blog tool makers now have their chance to snatch up Stone's tidy home base:

[via SF Weekly]

(Pics via property listing)

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5317292&view=rss&microfeed=true
<![CDATA[Buy the European Homes of Creative Geniuses, Hope Some of It Rubs Off on You]]> The homes of Nobel-winning writer Hermann Hesse (Siddhartha) and iconic Swedish filmmaker Ingmar Bergman (The Seventh Seal) are both up for sale, meaning you could own a piece of creative history! For relatively bargain-basement prices.

If you figure that Dick Fuld is trying to sell his garish mansion for tens of millions of dollars and he's nothing but a sleazy American crook, then getting a house in southern Switzerland where Hesse wrote Steppenwolf for $4.4 million is a steal! Sure, it's only two units within the enormous house where Hesse lived in the 20s, but still. And a house on a remote Swedish island in the Baltic Sea, where Bergman lived (and filmed) for some forty years? A barely-anything-at-all $2.5 million. Sure you're on fucking Faro Island in the middle of the Baltic Sea, and you may have to contend with James Schamus, the CEO of Focus Features, who's trying to get some money together to buy the property so it can be made into a film center, but it's worth the fight. There's a pool, and an old farmhouse, and we bet it's just delightful in the dead of winter.


WSJ has the details.

Some pictures! First three are Hesse's Swiss manse, last three are ol' Ingmar's island retreat.





]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5291305&view=rss&microfeed=true
<![CDATA[The Upper East Side's Garden of Tacky Delights]]> Ever wander up Fifth Avenue and wonder about the earthly delights behind the cloistered co-op walls? A tipster browsing the Sotheby's listings discovered that just because it's expensive doesn't mean you should be jealous.

The floral print explosion and are you fucking kidding me? doggy-in-a-tuxedo painting at 960 Fifth Ave. belongs to one Murray Goodman, who made his fortune building shopping malls. He bought this 13-room manse in 1981 for $1.4 million; it went on the market late last year at $32.5 million. Since then he's steadily dropped the price, now a steal at $27.6 million.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5283106&view=rss&microfeed=true
<![CDATA[Padma's Pad]]> The image associated with this post is best viewed using a browser.Padma Lakshmi—the zombified host of Top Chef and former paramour of Salman Rushdie—may have moved to Chelsea a lil' bit back, but she still owned a place in the East Village. But now she's given it up to a personal trust, for $0.

Cityfile tells us (and Corcoran shows us) that Lakshmi gave the apartment, at 2nd and B, over to something called The Delicious Trust. Delicious probably means that it's hers because, you know, she's a foodie who likes high cuisine and all. It's a gorgeous place, with lovely views! Gaze and be jealous.


The image associated with this post is best viewed using a browser.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5272810&view=rss&microfeed=true
<![CDATA[Dick and Kathy Fuld's Park Ave Party Palace]]> The Observer reports today that embattled and failed Lehman Brothers exec Dick Fuld is selling his massive Park Avenue home for around $32 million. On the market for a mansion? Let's take a look inside.

[Why not use our amazing new gallery format to gaze upon this real estate wonder? Try it. You'll like it. Or not. But either way, all our galleries are going to look like this starting tomorrow.]

Well, OK. These pictures aren't what the 16-room, 6,200 square foot, full-floor mansion (that Dick and his secret-shopping wife Kathy bought for $21 million back in 2007) looks like right now. Rather they are, as Curbed notes, pictures from high-toned broker Stribling, taken before the fabulous Fulds moved on up.

So gawp and be amazed at what financial chicanery and ineptitude on a magnitude rarely seen can afford you. For, you know, about two years.







]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5261508&view=rss&microfeed=true
<![CDATA[Tina Fey Is So Down-to-Earth She Lives in a Mansion]]> Tina Fey is funny, sure, but she's also really rich. I mean, just look at her new Upper West Side pad. Four bedrooms, fireplace, library. Liz Lemon has hit the big time. Here are pictures:

Fey and her husband bought the West End Avenue apartment for $3.4 million, 700k lower than the initial asking price. It's a buyer's market, after all! And just look at that floor plan, man. The elevator opens right into the apartment. Hm. Sounds familiar, doesn't it?






[via CityFile]

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5221466&view=rss&microfeed=true
<![CDATA[Madonna's New NYC Crash Pad]]> Madonna, a song singer, paid $40 million to some lucky bastard for a townhouse on the UES. It reminds her of London, they say! Whatever. Here are some interior pictures of this rich, rich place:

The townhouse is four stories, with 12,000 square feet of living space and another 3,000 for the garden. Thirteen bedrooms. Nine fireplaces. Our old friend Jared Paul Stern posted these interior shots (which came from the Sotheby's site) on his own site.



]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5211568&view=rss&microfeed=true
<![CDATA[Five Price-Slashed Manhattan Mansions You Still Can't Afford]]> Fancy real estate in Manhattan is taking a Cynthia Swann dive right now, with huge listings slashing millions of their asking prices. Here are five that are worth $49 million less than before.


The Media Museum: Cut $9 millionA 10,000 square foot townhouse on East 64th St. that used to be the headquarters for the New York Observer was recently reduced in price, from $36 million to only $27 million. Renovated from the heap it was during its Observer days, the 25-foot-wide, 5 story palace is for the discerning buyer who wants a whiff of Old Media when they wake up in the morning.


The New Media Neighbor!: Cut $10 million
When you're a real estate heir these days, you've basically inherited a pile of dust. For example, from CityFile: "Real estate heiress Caroline Cumming's 12,128-square-foot townhouse at 11 Spring Street, which went on the market for $39.8 million in September and was reduced to $36.5 million in November, has been reduced once again. The home can now be yours for $29.5 million." Incidentally this place is just down the street from our HQ, so you might spot some of our ugly mugs if you keep your eyes peeled.


Chateau Runner-Up: Cut $10 million
It's still going for $65 million, making it the second most expensive listing in the city, but with the price tag $10 million less than it should be, you can't afford not to buy art dealer W. Graham Arader III's "seven-story, 10-bedroom, 22-room, 12,000-square-foot mansion at 1016 Madison Avenue." It's been meticulously renovated to resemble its original 1900 look, with all the dark wood and ugly curly-cue detailing that period suggests. Arader says that he's selling because he's getting older and though his young children love the place, it's just too big. It also probably doesn't help that the art industry is dead. [NYO]


The Gossip Girl Dream House: Cut $3 million
CityFile on hedge fund manager Karen Fleiss and her doctor husband David's complicated selling history: "The couple originally listed the apartment for $47.5 million last June. They then lowered their price twice and tried selling off just the bottom floor for $15 million. When that didn't work, they took the listing down and lowered the price of the entire eight-bedroom unit to $25 million. But that didn't work out either, so now they've re-listed the bottom floor once again, albeit for a more modest $12 million." Back in November, the Observer reported that the couple planned to buy elsewhere, but that they were cagey about explaining their reasons for splitting up the unit: "When asked about why she and her husband took the extraordinary step of listing one of the duplex's floors separately, [Ms. Fleiss] hung up." Ah well. The place is at 1030 Fifth Avenue, which is just around the corner from the Met. So maybe you can have your breakfast on the museum steps, just like the Gossip Girls!


The Mack Attack: Cut $17 million
Back in July real estate heir Richard Mack, whose Apollo Real Estate Advisors is facing foreclosure on their Harlem condo development Savoy Park, listed his "mammoth" 25,000-square-foot manse on East 94th St. for $59 million, but now it's been reduced to a simple $42. A classic (if a bit too big and a bit too uptown) New York mansion, the Corcoran listing suggests that it could also be used "for a school, private club, diplomatic residence or institution." Because, you know, it's that big. Sad to see the palace (trying to be) sold. What a difference ten years make. [CityFile]

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5205584&view=rss&microfeed=true
<![CDATA[Joe Dolce, Voyeur]]> Former Star editor and Jessica Coen enemy Joe Dolce went into PR, appropriately. And he's just completed a renovation of his summer home! Cause-effect. Now he can see his mom naked:

The master bathroom received a simple update and reorientation, which added a new bathtub and fixtures. They also updated the vanity, whose mirror slides to the side, permitting a view into the bedroom. "You have all sorts of possibilities for voyeurism in this house, which is exciting-depending on who your guests are," Dolce quips. "But usually it's just my mother."

[Real Estate and mother porn, in Dwell]

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5180878&view=rss&microfeed=true
<![CDATA[How We All Helped Rush Limbaugh Buy His Tacky House]]> What is the best proof yet that Rush Limbaugh is the true voice of the modern, hilariously out-of-touch conservative movement? His tacky $44 million Palm Beach compound!

Limbaugh bought the big mansion there on in 1998 for a paltry $3.98 million, and picked up all the rest of those buildings bit by bit by the end of the decade. (All this before Rush's eight-year, $31 million contract in 2001 and eight year, $400+ million extension in 2008!) His neighbors have never really cared for him, because they're snooty elitists who look down on things like prescription drug abuse (at least, public prescription drug abuse).




So—this post is our gift to Rush, and to Harry Reid, and to James Carville. Rush and the Dems have stumbled into a mutually beneficial relationship: after years of hoping he'd go away if they ignored him, they now embrace his virulent babbling, and they especially appreciate his version of conservative ideology, which is "anything that gets Rush's name out there."

He feeds on the hatred and insults of people like, you know, us, so hey, look at how tacky his stupid houses are! And while our previous policy was that the rotund broadcaster was totally irrelevant, now we'll amend that: he's relevent purely as a symbol of a Republican party that appeals only to aging white men.

"His positives for voters under 40 was 11 percent," Carville recalled with a degree of amazement, alluding to a question about whether voters had a positive or negative view of the talk show host.

Paul Begala, a close friend of Carville, Greenberg and White House Chief of Staff Rahm Emanuel, said they found Limbaugh's overall ratings were even lower than the Rev. Jeremiah Wright, Obama's controversial former pastor, and William Ayers, the domestic terrorist and Chicago resident who Republicans sought to tie to Obama during the campaign.

So while Rush holds no sway over things like policy and even Republcian strategy, his worth as a symbol is, for the moment, incalculable. He is Reverend Wright. Or Barbra Streisand! Or, most importantly, Jane Fonda, with the entire Republican party as John Kerry. The Wright distractions didn't work on Obama because he was a charismatic candidate with a compelling pitch. Jane Fonda had precisely nothing to do with John Kerry, but she stuck on him, because he was not a coherent and attractive response to the first Bush term.

As long as Republicans remain in the wilderness, Rush can feed off their misery. He's a secret liberal! Let's all help him build another wing on his hideous mansion!

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5164242&view=rss&microfeed=true