Photo Credit: AGIA
In Market

Robert A.M. Stern Unveils Plans for First London Project; Exclusive Enclave for Crypto Enthusiasts Planned for Fyre Festival Site

Nov 3, 2022 | By: Ameena Walker

Exclusive Enclave for Crypto Enthusiasts Planned for Fyre Festival Site in the Bahamas

AGIA International Ltd, a consortium of real estate developers and tech entrepreneurs, has announced plans to transform the 60-acre site of the doomed Fyre Festival in the Bahamas into a crypto community with “60 ultra-luxurious pavilions and villas to be built…via a series of upcoming non-fungible token (NFT) mints on the Ethereum blockchain.” 

Per the press release, the community, dubbed AGIA, will be “grounded in the aesthetic of the Greek Mediterranean and designed by world-renowned residential architect Chad Oppenheim,” with homes along the waterfront ranging from 1,000 to 6,500 square feet, accompanied by private pools and a deeded private floating boat slip. AGIA will also feature a marina for superyachts as well as resort-style amenities that include a marina village with restaurants, bars, and boutique stores. 

“We bought this property because we saw its future, not its past,” said Erik Sanderson, cofounder of AGIA International, whose team’s prior projects include The Setai in Miami Beach and Amanyara in Turks and Caicos. “Constructing this project will create more than 150 jobs, and operating it will mean 125 long-term hospitality jobs and entrepreneurship opportunities.”

Miami’s Tal Aventura Launches Sales on Its 86 Residences, from $1.4 Million

Tal Aventura, a 26-story residential building set to rise along the waterfront on Biscayne Boulevard in Miami, has launched sales on its collection of 86 two- to five-bedroom residences. With architecture and interiors imagined by internationally acclaimed IDEA Architects and IDDI, apartments span from 1,245 to 6,200 square feet and include private elevator entries, Italian porcelain flooring, floor-to-ceiling windows, custom kitchens by Italkraft, and outdoor living spaces with skyline and water views. Customizable lanai and penthouse residences offer unobstructed views of Maule Lake.

More than 50,000 square feet will be dedicated to amenities, offering residents coworking lounges and conference rooms, an entertainment lounge, a children’s playroom, and a fitness center. Tal Aventura will also include a resort-style pool with cabanas, an outdoor theater, basketball and pickleball courts, and a private dining room with a terrace and custom wine wall, among other perks.

Construction will break ground in late 2023, and completion is expected in 2025. Prices start at the $1.4 million mark and go as high as $9.9 million, with a sales gallery expected to debut before the end of the year.

Robert A.M. Stern Unveils Plans for First London Project 

Renowned architect Robert A.M. Stern, most known for his uber-expensive limestone buildings across New York City, has unveiled plans for his first ultrahigh-end residential building in London, reports Mansion Global. Set to debut in 2025, 1 Mayfair will stand eight stories high, with 29 residences ranging from penthouses to lateral apartments to townhouses—and prices averaging around £69 million (US $79.246 million). Like many of Stern’s other projects, 1 Mayfair will feature a limestone facade as well as entry porches, stacked bay windows, and a central garden. The development is expected to generate a whopping £2 billion (US $2.3 billion) in sales.

Trevor Noah’s Airy Manhattan Penthouse Asks $12.95 Million

Following his recent announcement about stepping down as host of The Daily Show, comedian and author Trevor Noah is listing his three-bedroom abode in Hell’s Kitchen, just steps from the show’s filming location. According to the Wall Street Journal, Noah purchased the duplex apartment at Stella Tower for $10 million in 2017 and is now looking to sell it for $12.95 million. 

Following a gut renovation, the nearly 3,600-square-foot home boasts a floating staircase that connects the two floors, ceilings that soar 15 feet high, floor-to-ceiling casement windows, and a main living room area on the upper floor with access to the landscaped outdoor terrace, complete with a custom teak pergola, heaters, a black granite wet bar, and a plunge-pool area with built-in speakers. The primary bedroom suite is located on the lower level, and one of the additional bedrooms has been converted into a home theater. 

Maverick Chelsea Partners with Vesta to Create Shoppable Model Homes 

Maverick Chelsea, the 21-story, DXA studio-designed geometric condominium building in Manhattan’s Chelsea neighborhood, has partnered with interior design firm Vesta to design two model residences that offer prospective buyers the ability to buy or rent furniture on a short- or long-term basis. The shoppable homes are said to be a “first of its kind collaboration” for Vesta and offer everything from dining and coffee tables to media consoles and lounge chairs.

The overall design of the model residences showcases neutral tones with variations in texture and light, pops of accent color, and brass finishes. Keeping the tones consistent, Vesta layered patterns and textures to achieve a more youthful environment.