John Legend, Chrissy Teigen Sell $18M NYC Pads; Miami’s Planned 70-Story Okan Tower Debuts Penthouse Collection
Apr 28, 2022 | By: Ameena Walker
Awaited Residences at the St. Regis Cap Cana in Dominican Republic Launch Sales from $1M
The St. Regis is making its debut in the Dominican Republic with the Residences at the St. Regis Cap Cana, a forthcoming community on a 17-acre site south of Punta Cana that will house a 200-key hotel and 70 residences. Sales on the apartments officially launched, with prices starting at $1 million for one bedroom and reaching over $20 million for a 20,676-square-foot penthouse.
Developed by Campagna Ricart & Associates and Pioneer Investment Funds, the project is being designed by Dominican architecture firm AC Arquitectos & Asociados and will feature exclusive access to 800 feet of private beachfront. The residences are a mix of 47 one- to four-bedroom beachfront homes with unobstructed ocean views, 15 one- to four-bedroom golf terrace residences overlooking the Punta Espada Golf Course, six Astor Residences, and two breathtaking penthouses that range from three to seven bedrooms.
Owners will have access to all the hotel’s bespoke amenities and services, as well as private amenities that include a private pool, fitness center, movie theater, sports bar and lounge, a game room, and a library. Completion is anticipated in 2023.
Toronto Condominium Prices Up 20% from Last Year
Toronto condominium prices continue to rise, with the average apartment now costing prospective buyers nearly CA$810,000 (US$630,690), cites a recent market report from the Toronto Regional Real Estate Board. This marks a 20% increase from last year’s average price, despite the city seeing a decline in the number of sales and amount of available condominiums for sale. In March 2022, a whopping 80% of sales were for more than the asking price.
John Legend and Chrissy Teigen Sell $18M New York Penthouses
John Legend and Chrissy Teigen have found a buyer for their pair of penthouses, listed earlier this year for $18 million, New York Post reports. Located in Manhattan’s Nolita neighborhood, the two condominiums boast a combined six bedrooms and six bathrooms that encompass 6,100 square feet of space, with a 3,300-square-foot rooftop terrace. The couple planned to combine the industrial-chic residences when they purchased them in 2018 and 2020 but never got around to it. It’s unclear if the new owner plans to combine the homes.
Miami’s Anticipated Okan Tower Debuts Loft Penthouse Collection
Okan Tower, the anticipated 70-story residential tower that will be one of the tallest in Downtown Miami, has revealed its Loft Penthouse Collection, featuring 10 two-story residences with one- through four-bedroom layouts on the building’s 67th floor and four single-story penthouses with impressive skyline views, located on the 69th floor.
Designed by Behar Font & Partners, residences at the curvy glass skyscraper will boast massive floor-to-ceiling windows with Biscayne Bay and skyline views, kitchen appliances from Sub-Zero and Wolf, and Italian cabinetry. There will be a plethora of amenities for residents, including a rooftop pool, sky deck, wine cellar, owners’ lounge, and fitness center with Peloton bikes and interactive fitness mirrors.
Prices start at $2,000 per square foot, and residences range from 1,070 to 3,100 square feet, with private balconies providing additional space. Construction is slated to break ground in June and wrap up in 2026.
Milan’s Vertical Forest Architect Stefano Boeri Unveils Hanji House Pavilion at Venice Biennale
Renowned Italian architecture firm Stefano Boeri Architetti, best known for its Vertical Forest residential towers in Milan, has revealed the Hanji House pavilion, a site-specific architectural installation for the Times Reimagined exhibition by Korean artist Chun Kwang Young.
Installed in the Palazzo Contarini Polignac gardens overlooking the Grand Canal in Venice, Hanji House is a wooden pavilion “inspired by the playful and at the same time meditative act of folding paper in an infinite number of ways,” says its description, and “recalls ancient East Asian practices of paper-folding and tangram, besides the traditional Korean and East Asian houses, based on simple geometric modularity.” Its origami-like exterior is meant to resemble a “lantern of light” from afar, while its interior functions as an immersive and relaxing space for visitors.
Hanji House will be open to the public through November 27.