Tag Archive: Real estate


It’s The World’s Biggest House For Sale – And It’s Top Secret

 

Castle for sale near Siena

 

 

” It says something about London’s affluenza that for the price of a five-bedroom penthouse in Connaught Place, Hyde Park, you could buy a whopping Italian estate with a 12th-century medieval castle and a sprinkling of Tuscan farmhouses in the grounds, where the number of bedrooms adds up to 115, with 100 bathrooms on the side. The first costs £20m and the second €28m (£19.8m).

  This castle just east of Siena, wrapped in 630 hectares planted with 1,500 olive trees producing award-winning olive oil, is thought to be the largest property in the world currently on the market. But the Italian market is as keen on discretion as the Mafia is on anonymity, so even the name of this prize piece of history is being kept firmly under the estate agent’s pillow.

  The setting in Tuscany, the medieval courtyard with tower and chapel, the Italianate gardens with palms and box hedges, the interiors with marble floors and elaborate painted ceilings, make it so romantic that it is sometimes hired for weddings. It goes without saying that there is plenty of room for guests to sleep, as well as pools for them to swim in.

“ It is exceptionally beautiful. There are many castles in Tuscany but very few are medieval,” says the agent John Jonk of Sotheby’s International (0039 05507 51888; sothebysrealtycom). “The approach to it is wonderful and you go into another world. There are thousands of wild boar and roe deer, magical woods, vineyards, olive groves and grain fields. On the estate it is always silent. The castle was built at a time just before Giotto, when the Renaissance lay around the corner and Siena was at war with Florence.”

 

Telegraph 

 

 

 

 

 

 

 

 

 

 

 

 

This Charming 18th Century Home Could Be Yours

 

 

83 Newtown Lane

 

 

     Situated in the heart of East Hampton village , this charming cottage which dates from approximately 1800 is just steps from the central business district including the train station , jitney stop and all the shopping one could hope for . In addition to the close proximity to town the property is also zoned for commercial use . 

 

 

83 Newtown

 

 

 

     It sits on a corner lot across from the EH middle school and offers exposure to traffic , both pedestrian and vehicular that is second to none . Aside from the living potential the 1200+/- sq ft building would make a magnificent professional space .  This unique property offers the discriminating buyer endless flexibility in both living and working opportunities .

 

 

 

The East End

 

For further information contact Martha Gunderson @ (631)901-6131

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Courtesy Of Allen West

 

 

 

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     With two book deals worth a combined $18 million , two homes worth a combined $4.55 million , Bill hauling in nearly $10 million in speaking fees and Hillary’s $145,000 annual Senate salary we all should be so “dead broke” . 

   Spoken like a true 1%er …

 

 

 

 

 

 

 

 

 

 

 

Mystery Buyer Snatches East Hampton Mansion For $145M

 

 

 

 

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” An 18-acre estate in East Hampton has been sold for $145 million, sources say, setting a new record for the highest priced residential sale in the nation. But the buyer remains a secret.

“Everybody out here is totally mystified,” one local told me.

  The beachfront property on Further Lane — with formal gardens and a pond — was the dream house of Christopher H. Browne, managing director of the Tweedy, Browne Company investment firm, and his boyfriend, architect Andrew Gordon.”

 

    Less than three weeks after “Copper Beech Farm” set a new record for the highest sale price of a private home in America at $120 million , this East Hampton property bests that number by $25 Million . Things are good for the 1% .

 

 

Update: Daily Mail reveals “mystery” buyer as hedge funder , what else ,  Barry Rosenstein.

 

 

 

 

 

 

 

 

Selling Federal Government Buildings

 

 

 

 

” How many buildings does the federal government own? 10,000? 20,000? Actually, it is a staggering 306,000, according to the U.S. General Services Administration. In addition, the government leases 55,000 buildings, for a total of 361,000. These include offices, hospitals, warehouses, and other sorts of facilities. The chart shows federal buildings owned by department.

  In addition to all the buildings, the federal government owns and leases a remarkable 486,000 structures such as parking lots. The GSA reports that the annual operating costs for all the buildings and structures is $33 billion. The current market value of the buildings is unknown, but the government estimated that the replacement value in 2007 was $1.5 trillion.

  A good way to save taxpayer money and increase economic efficiency would be to start privatizing these assets. The government itself says that it has about 77,000 buildings that are underutilized or unneeded.”

 

   It’s no surprise that the government does a very poor job of maintaining the properties under it’s control . It’s the same old story , the best stewards of the land are the people that own it . Contrary to progressive belief conservation of anything is best left to the ones most directly affected . Human nature is such that care is directly related to cost .

 

” It is widely recognized that the government is a poor manager of its assets. The GAO has had federal property on its “high risk” waste list for years, and it has found that “many assets are in an alarming state of deterioration.” “

 

Cato Institute has the story

 

 

 

 

 

 

Does China Plan To Establish “China Cities” And “Special Economic Zones” All Over America?

 

 

 

” What in the world is China up to?  Over the past several years, the Chinese government and large Chinese corporations (which are often at least partially owned by the government) have been systematically buying up businesses, homes, farmland, real estate, infrastructure and natural resources all over America

In some cases, China appears to be attempting to purchase entire communities in one fell swoop.  So why is this happening?  Is this some form of “economic colonization” that is taking place?  Some have speculated that China may be intending to establish “special economic zones” inside the United States modeled after the very successful Chinese city of Shenzhen.  Back in the 1970s, Shenzhen was just a very small fishing village, but now it is a sprawling metropolis of over 14 million people. 

Initially, these “special economic zones” were only established within China, but now the Chinese government has been buying huge tracts of land in foreign countries such as Nigeria and establishing special economic zones in those nations.  So could such a thing actually happen in America? 

Well, according to Dr. Jerome Corsi, a plan being pushed by the Chinese Central Bank would set up “development zones” in the United States that would allow China to “establish Chinese-owned businesses and bring in its citizens to the U.S. to work.”  Under the plan, some of the $1.17 trillion that the U.S. owes China would be converted from debt to “equity”

As a result, “China would own U.S. businesses, U.S. infrastructure and U.S. high-value land, all with a U.S. government guarantee against loss.”  Does all of this sound far-fetched?  Well, it isn’t.  In fact, the economic colonization of America is already far more advanced than most Americans would dare to imagine.

So whenever you see CNOOC or Sinopec, you can replace those names with the Chinese government.  The Chinese government essentially runs both of those companies.

And as you can see from the following list compiled by the Wall Street Journal, those two companies have been extremely aggressive in buying up rights to oil and natural gas all over the nation…

Colorado: Cnooc gained a one-third stake in 800,000 acres in northeast Colorado and southeast Wyoming in a $1.27 billion pact with Chesapeake Energy Corp.

Louisiana: Sinopec has a one-third interest in 265,000 acres in the Tuscaloosa Marine Shale after a broader $2.5-billion deal with Devon Energy.

Michigan: Sinopec gained a one-third interest in 350,000 acres in a larger $2.5 billion deal with Devon Energy.

Ohio: Sinopec acquired a one-third stake in Devon Energy’s 235,000 Utica Shale acres in a larger $2.5 billion deal.

Oklahoma: Sinopec has a one-third interest in 215,000 acres in a broader $2.5 billion deal with Devon Energy.

Texas: Cnooc acquired a one-third interest in Chesapeake Energy’s 600,000 acres in the Eagle Ford Shale in a $2.16-billion deal.

Wyoming: Cnooc has a one-third stake in 800,000 acres in northeast Colorado and southeast Wyoming after a $1.27 billion pact with Chesapeake Energy. Sinopec gained a one-third interest in Devon Energy’s 320,000 acres as part of a larger $2.5 billion deal.

Gulf of Mexico: Cnooc Ltd. separately acquired minority stakes in some of Statoil ASA’s leases as well as six of Nexen Inc.’s deep-water wells.

So why is the U.S. government allowing this? “

 

 

Read the whole link-filled piece

 

 

 

 

 

 

 

 

 

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DISENCHANTED AMERICANS START LIFE OVER IN TROPICAL BELIZE

Belize

” “Not everyone believes this country is moving in the right direction.  Staring down a future of increased tax burdens and shifting cultural values, you can keep chasing the old dream, or you can literally live on a beachfront property in a tropical setting with your own staff for $2,000 a month.”  That’s the offer of Orange County Real Estate Company, BuyBelize.com, according to President, Bill Bannon.

“We’re seeing increased demand for our premium properties in Belize.  When people come out and see first hand that they can afford a lifestyle they never thought possible in the U.S., the word starts to spread.”

Perhaps the strongest motivator for the new stream of Belizean converts is the favorable tax climate. BuyBelize.com reports, “A key consideration for a direct investment or development opportunity in Belize is the country’s tax climate. Belize has long been regarded as one of the T-7 Tax Havens and it is for this very reason that it is such an attractive option for investors. With the US in economic downturn many investors are looking to internationalize their finances and their portfolios for both tax and asset protection reasons. Belize offers a legitimate path to investors seeking to cover both of these bases.” “