Photo Credit: Victor He / Unsplash
In Market

Monaco Is World’s Most Expensive Market; Bentley-Branded Residences Show Off Interiors

Apr 14, 2022 | By: Ameena Walker

Bentley Residences Miami Gives Glimpses of Forthcoming Homes

The sales gallery for Miami’s forthcoming Bentley Residences Miami has opened, giving prospective buyers a glimpse of what the building’s 216 residences will offer. Each residence within the 70-story building will have balconies with a swimming pool, as well as unobstructed views through floor-to-ceiling glass windows. Each residence also comes with in-unit parking, which new renderings give a first enticing glimpse at.

Dezer Development and Sieger Suarez Architects are employing natural materials and hand-crafted Italian furniture from the Bentley Home collection, inspired by various models of the brand’s cars, of course. 

“The concept of indoor-outdoor living was really important to Bentley, whose customers enjoy the feeling of being out on the open road, just as much as being cocooned within the comfort of their car cabins,” said Brett Boydell, Bentley Head of Design Collaborations.

Private and communal amenities will include a cinema, game room, wellness center and spa, whisky bar, cigar lounge, and restaurant.

In Monaco, Real Estate Prices Up a Staggering 75% in 10 Years

Wondering which country has the most expensive real estate market in the world? Meet Monaco, where real estate prices have increased by almost 75% over the past decade, according to the most recent Real-Estate Observatory Report, compiled by the Monegasque Institute of Statistics and Economic Studies. 

In 2021, the average price per square meter surpassed 50,000 (US $54,184) for the first time ever, with the majority of transactions occurring for apartments priced between 5 million and 10 million: not surprising, considering that the country is home to high concentrations of ultrawealthy residents.

The Edison Gramercy Debuts Parisian-Inspired Residences in Manhattan 

Manhattan is gaining a boutique luxury building with condominiums inspired by Parisian style. The Edison Gramercy is the work of developers Urban Development Partners and SD Second Avenue Property, LLC, with architecture by Isaac & Stern. The project offers 54 boutique studio to four-bedroom apartments, ranging in price from $925,000 to more than $6 million.

Interior design firm Paris Forino Design outfitted the light-filled residences with white oak herringbone floors, custom stone in the kitchens and bathrooms, marble accents, custom-fitted hardware, and Juliet balconies.

“We wanted something where people feel warm and cozy and can live beautiful storied lifestyles,” Paris Forino said.

The Edison boasts a roof deck with views of the Empire State Building and surrounding skyline and several “secret gardens” that function as mini oases where residents can find tranquility. Other perks include a sun terrace, residents’ lounge, and yoga garden.

Lofty Brickell Residences in Miami Will Gift Condo Owners with NFTs

Miami’s 35-story luxury tower, Lofty Brickell Residences, is offering buyers a unique gift-with-purchase: Newgard Development Group has committed to gifting original NFTs, from one of four artists, to purchasers upon closing, reports Forbes.

The building is the city’s first luxury condominium development specifically designed for home sharing and offers a mix of studios through two bedrooms priced from $560,000 to $1.7 million. In addition to the NFT gift, the building will display its own digital art collection throughout its common spaces.

CetraRuddy Revamps Prewar Manhattan Building, Launches Sales from $3.7 Million

A 1920s building within a landmarked historic district on Manhattan’s Upper West Side has been transformed into a 75-residence condominium building by architecture and interior design firm CetraRuddy. The transformation—the work of development firm Rabina—fuses the building’s Collegiate Gothic architecture and original details with contemporary style inspired by French design elements.

Residences at 393 West End Avenue range from one to four bedrooms, with sales on initial inventory recently launching from $3.718 million for a three-bedroom home. Primary bedrooms are complete with neutral colors and large seated windows, while bathrooms feature marble floors and accents. 

Amenities are located on the building’s garden level and include a landscaped courtyard, a club room, a fitness center, a children’s playroom, and a “Great Room” with banquettes and workspaces.