IS MONACO REAL ESTATE CHEAP FOR THE SUPER-RICH?

Posted by Leonard Steinberg on September 5th, 2013 I recently visited Monte Carlo, the wealthiest country/principality in the world with ZERO unemployment and per capita income of around $183,150.00, to tour TOUR ODEON the brand new ultra-luxurious, amenity and services laden 49-storey residential tower being built at the border of Monaco and France. My initial impression… [Read More]

NEW YORK: ONLY THE 17th MOST EXPENSIVE CITY IN THE WORLD?

Posted by Leonard Steinberg on April 6th, 2012 New York City rates as the 17th most expensive real estate city in the world: maybe another reason why Manhattan is so incredibly popular with international investors these days? Monaco is at the top: a strong message about super low taxes for the super-wealthy? The rich always… [Read More]

OIL/INTERNET TYCOON-CARRIER? WATCH OUT INTREPID!

Posted by Leonard Steinberg on January 10, 2011 INSANE? The photo you above is just a mockup. But even with something just dreamed up in the mind of some crazed super yacht designer, you have to admit that it looks disturbingly appealing, in a Dubai-meets-Donald gawdy kind of way….. This creation is called “The Streets of… [Read More]

MONACO SAFRA PENTHOUSE SELLS FOR $ 17,600/sf: A NEW RECORD

The chatter on the French Riviera is all about the recent sale of a Monaco penthouse, once the home to Edmund Safra and featured recently in Architectural Digest….recently we reported the London penthouse that had sold for around $ 220 million making it then the world’s most expensive private residence: Now the record has been shattered with the… [Read More]