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From high-profile design commissions to exciting listings, there is always something new happening in the world of real estate. In this roundup, AD PRO has everything you need to know.
On the Market
The “ABBA Home” is for sale in Florida
A west-central Florida island home once owned by Swedish supergroup ABBA is on the market for the first time in nearly 40 years. For $3.95 million, you can own part of pop music history, along with the band’s six-bedroom winter getaway on Tierra Verde.
The house was built in 1982 by architect Ralph Lickton, who reportedly didn’t realize who his clients were until a reporter called later asking questions. ABBA’s longtime financial manager, John Spalding, purchased the property on the band’s behalf to use as a winter retreat. It was later sold to the current owners in the mid-1980s.
The 4,500-square-foot home is split into two “mirrored” floor plans, each offering a master suite downstairs, a loft area above, and two bedrooms sharing an adjoining bathroom. Out back is a pool where Benny, Björn, Agnetha, and Frida would cool their heels.
Lisa Farmer with Premier Sotheby’s International Realty holds the listing.
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L.A. house owned by Oleg Cassini lists for $14.955 million
Iconic fashion designer Oleg Cassini had an eye for style: When it came time to build a home for himself and his movie star wife, Gene Tierney, he tapped architect William F. Ruck, who designed a luxurious estate in Westwood’s Little Holmby neighborhood.
Lined with mature trees and manicured landscaping, the five-bedroom manor sits on about a half-acre and offers hand-painted wood floors, a quartet of fireplaces, its own wine-tasting room, and a three-car garage.
It was later owned by oil magnate Armand Hammer until it was sold to the current owners, who have put it on the market with Janelle Friedman of Sotheby’s International Realty for a hair under $15 million.
Over the course of two years, architect Walter Meyer enlarged and modernized the residence while preserving its original design and character. Updates include state-of-the-art Wolf appliances in the kitchen and a built-in entertainment unit in the upstairs den.
Doja Cat selling midcentury Beverly Hills hideaway
Barely a year after buying it, social-media star and pop icon Doja Cat is decamping from her L.A. home.
In February 2021, the “Kiss Me More” singer dropped $2.2 million on a three-bedroom house nestled between the Franklin Canyon and Tree People parks in the mountains above Beverly Hills. Now she’s listed it with Tami Pardee and Paige Ogden of Pardee Properties for $2.5 million.
Anchored on a narrow road just off Mulholland Drive, the 2,400-square-foot property defines indoor/outdoor living, according to the listing, with a “backyard oasis” featuring a sparkling heated pool, built-in seating, concrete decks, and mature trees.
The singer-songwriter has already moved out, according to Dirt.com, but fans will definitely still recognize the interiors from many of her TikToks and Instagram posts.
Sales Launch
96+Broadway Opens Sales
JVP Management has just launched sales for 96+Broadway, a new 23-story luxury condo on the Upper West Side. Pricing for the building’s 131 residences, which range from one- to five-bedroom apartments, starts at $1.395 million.
Situated between Riverside Park and Central Park, 96+Broadway comes by way of architect Thomas Juul-Hansen, who previously designed 505 West 19th Street in Chelsea, 210 West 77th Street on the Upper West Side, and 50 West Street in lower Manhattan.
In a nod to the neighborhood’s storied Beaux Arts buildings, Juul-Hansen incorporated Jura gray limestone imported from German stonemaker Franken-Schotter, complemented by spacious windows and staggered terraces to create a dynamic grid pattern.
“This is a building that is meant to last,” Juul-Hansen said in a statement.
JVP Management developer Van Nguyen called the project “very personal.” In fact, his family will live in 96+Broadway when it is completed later this year.
“We saw a truly unique opportunity to help define a prominent corner of the Upper West Side,” Nguyen said in the release.
Notable amenities include an outdoor cinema on the rooftop terrace; a music room with guitars, grand piano, and electronic drumset; and a 75-foot saltwater pool in the basement.
First Look
Rosewood Hotels announces first standalone residential property in California
Thomas Juul-Hansen has been busy indeed: In addition to 96+ Broadway, the Danish-born designer also been working on interiors and exteriors for Rosewood Residences Beverly Hills, Rosewood Hotels and Resorts’ first standalone residential property on the West Coast.
The Santa Monica Boulevard development joins similar Rosewood outposts in Naples, Lido Key, and Miami Beach, in Florida, as well as Mexico, Brazil, and Thailand.
There will be just 17 residences, with prices starting at $9 million. Rosewood Residences hopes to command $4,000 per square foot for units, according to a release, which would put it in the top tier of the market.
For that, residents will have round-the-clock butler and concierge service; a private elevator; access to the rooftop pool, fitness center, outdoor lounge, and fine-dining restaurant (with room service, naturally).
Sales will commence next year, with construction slated for completion in 2024.
Your Own Private Lagoon at One Park Tower
Waterfront access isn’t that unusual in Miami, but what about your own lagoon? Plans for One Park Tower include Crystal Lagoon, a swimmable seven-acre lagoon—that’s the equivalent of 21 Olympic-size pools—along with a beach and private island, all set within the 184-acre planned community of SoLé Mia in north Miami.
Turnberry Development and Carlos Rosso just unveiled Meyer Davis’s interiors for the 32-story building overlooking the lagoon.
Seamlessly blending the site’s natural beauty with the vibrant electricity of the surrounding city, the 303 bespoke one-, two-, and three-bedroom residences and penthouses are enhanced by porcelain floors, high ceilings, and glass walls that open up to wraparound terraces.
News
Town houses are on the rise
It’s been a record-setting year so far for town houses in Manhattan and northwest Brooklyn, according to a new report from Serhant Realty. There were 301 townhomes sold between January and June 2022, the first time sales have broken 300.
The average sale price increased 16% to $5.47 million, with the price per square foot averaging $1,527, a healthy 32% bump.
Serhant tracked a total of $1.65 billion in property trades, a whopping 41% spike from 2021—and a 22% increase from the record first half of 2019, when they hit $1.52 billion. (The overall dollar volume was up more than 60% from the prior 10-year average.)
With New York turning a corner on the coronavirus pandemic, the average number of days townhomes stood on the market dropped 38% to 142.
