News Briefs
Tel Aviv Has Taken the Lion’s Share of Israeli Home Development
Tel Aviv has the highest concentration of new homes built within the last decade. About 40% of dwellings added in Israel since 2012 are in the metropolitan area, according to the latest data from the Central Bureau of Statistics. By comparison, only 12% of the units were built in the Jerusalem area. Altogether, 458,000 homes have been added in the country since 2012. Globes
A Queensland House Returns to the Market for A$4.5 Million After a Renovation
A Bahamas-style home in Sanctuary Cove, an area of Queensland, Australia, has come back to the market with a guide price of A$4.5 million to A$4.95 million (US$3.14 million to $3.46 million) after a two-year renovation. The sellers bought the waterfront property in 2021 for A$2.8 million. The home boasts harbor views and has four bedrooms, five bathrooms, two living rooms, an office, a bar and a 800-bottle wine cellar. Outdoors, there is an in-ground pool, a cabana with a barbecue area. Domain
Sprawling Mansion Seized by the South African Government Is up for Grabs
A sprawling mansion in a suburb of Cape Town, South Africa, that was seized in 2021 by the government from the Gupta family, a wealthy Indian-born family that owns a business empire spanning computer equipment, media and mining, is up for grabs for R20 million (US$1.17 million). The Gupta family bought the seven-bedroom, six-bathroom home in 2005 from Mark Thatcher, son of former British Prime Minister Margaret Thatcher, for R17 million. The property, which has a guest cottage, a guard house and a pool, has deteriorated after being left vacant for several years. The South African
A Historic Gothic-Revival Home in Bronx, New York, Asks $4.5 Million
A Gothic Revival style home in Riverdale, an upscale neighborhood in the Bronx, has hit the market for $4.5 million. Built in 1830, the house has approximately 10,000 square feet of living space with nine bedrooms, nine bathrooms and a large living room opening to a veranda with Hudson River views. The home was a gathering place for artists, poets and society notables at the turn of 20th century, according to the listing with Douglas Elliman. 6sqft
