Saturday, December 26, 2020

Experts Predict What The Housing Market Will Be Like In 2021 Stevie Wonder’s Former Beverly Hills Pad Sells For $10.5 Million Ski-In/Ski-Out Home In Utah Hits The Market For $38 Million

 Although one pigeonnier on the property has already been converted, a second is ripe for renovation. These structures for raising pigeons once conveyed the property owner's status and were considered a display of wealth. The game birds were considered a delicacy.



Vintners may choose to spend their time attending to the 2.5 acres of vineyards, which produce about 5,000 bottles of wine a year. Talk about having a house wine.

The accompanying equipment, including a vat and press, is available for optional purchase, as are the home furnishings and agricultural equipment.


A caretaker's house of 1,615 square feet features a living room, four bedrooms and two bathrooms. A three-level outbuilding provides another 1,615 square feet of space with a living room, four bedrooms and three bathrooms.

The remaining structures include a barn that could be converted into a home, three buildings currently under renovation, an old tobacco barn and a 1,291-square-foot house.

Gourdon has a well-preserved historic district, making it a popular tourist stop. A church towers above streets lined with medieval houses. The ruins of a castle and ancient gates used for defensive purposes are among the sights.

Friday, December 25, 2020

WORLD MARKETS TODAY

 Four of eight indexes on our world watch list posted YTD gains through December 14, 2020. The top performer is our own S&P 500 with a gain of 14.37%. is in second is Tokyo's Nikkei 225 with a gain of 12.93% and in third is China's Shanghai with a gain of 12.15%. Coming in last is London's FTSE 100 with a loss of 14.93%.

Here are all eight world indexes in 2020 and the associated table sorted by YTD.




Market Summary

At Close 2:22 PM ET:  In Asia, the Shanghai Composite closed up by 0.99% , while Japan's Nikkei 225 was down by 0.04% at the end of trading.



Europe Key Indexes
At close 12/24/2020
% change
FTSE 100 Britain6,502.11+0.10%
Closed for holiday, prices at close 12/24/2020
DAX Germany13,587.23+1.26%
Closed for holiday, prices at close 12/23/2020
CAC 40 France5,522.01–0.10%
Closed for holiday, prices at close 12/24/2020
FTSE Eurofirst 300 Europe1,525.26+0.14%
Closed for holiday, prices at close 12/24/2020
Asia/Pacific Key Indexes
At close 12/25/2020
% change
Nikkei 225 Japan26,656.61–0.04%
Hang Seng Hong Kong26,386.56+0.16%
Closed for holiday, prices at close 12/24/2020
Shanghai Composite China3,396.56+0.99%
All Ordinaries Australia6,917.50+0.36%
Closed for holiday, prices at close 12/24/2020

U.S. MARKETS TODAY

    




0
MOST ACTIVE
StockLatest% change
Data delayed at least 15 minutes
Gevo Inc3.70+27.15%
Camber Energy Inc1.05+28.00%
Apple Inc131.97+0.77%
Ampio Pharmaceuticals Inc2.12+19.77%
IZEA Worldwide Inc1.88+22.08%
Blink Charging Co49.50+13.09%
SIFCO Industries Inc5.30+35.90%
Tesla Inc661.77+2.44%
TOP GAINERS
StockLatest% change
Data delayed at least 15 minutes
Air T Inc38.38+293.64%
FAT Brands Inc5.84+72.64%
SIFCO Industries Inc5.30+35.90%
Neoleukin Therapeutics Inc14.56+35.19%
ENGlobal Corp2.95+29.39%
Camber Energy Inc1.05+28.00%
Gevo Inc3.70+27.15%
Harvest Capital Credit Corp7.06+22.36%
TOP LOSERS
StockLatest% change
Data delayed at least 15 minutes
Ocugen Inc1.76–32.31%
Highpeak Energy Inc14.60–24.20%
Second Sight Medical Products Inc2.51–22.05%
Energous Corp2.06–18.90%
Future Fintech Group Inc1.85–18.50%
Ageagle Aerial Systems Inc6.58–17.02%
Eos Energy Enterprises Inc19.23–16.86%
eMagin Corp1.62–16.06%



Tips Designer fireplaces are the hot new pandemic amenity

 


As the world awaits Santa’s annual stopover (his sleigh isn’t subject to pandemic restrictions), all eyes are on the chimney.

But for some New Yorkers, that fixation on the fireplace is a burning obsession, year-round.

“Growing up, my family — my parents, grandparents — all their houses had [a fireplace],” said 49-year-old tech executive Valerie Bordelanne. “It’s a place of warmth and joy. It’s around the fireplace that you can have deep discussions about any subject.

Born in Bordeaux, France, Bordelanne has spent the last 20 years living around the world with her husband, Gregoire Maes. Then, two years ago, the family decided to settle in Manhattan. They toured roughly 60 apartments, but one stood out among them — a condo with a statement fireplace created by Noam Dvir and Daniel Rauchwerger of the New York-based design firm BoND.

“To be honest, it was twice the budget we were predicting,” Bordelanne said of their one-bedroom apartment in Chelsea just off Eighth Avenue.

Dvir and Rauchwerger — who previously owned the condo — clad the existing traditional fireplace in 100 percent stainless steel, in a nod to the New York subway, that was hand-fabricated in Chinatown for $1,200. They then designed the rest of the home around that shining centerpiece.

“In old buildings, the bricks can be very damaged, so the architects hid them behind a nice modern piece,” Bordelanne said of the redesign Dvir and Rauchwerger gave the working hearth. “In the summertime, we put candles in there to pretend there is fire, and the reflection on the stainless steel is really, really nice at night.”

just one example of a trend that’s setting the city’s luxury developments ablaze. Modern mantels — from glitzy marble showstoppers to artsier interpretations — that offer warmth during the winter lockdown, as well as places to gather with your pod, have become coveted amenities this season.

“Gazing into a fire while seated with a partner or cuddling with your kids somehow takes the angst out of uncomfortable conversations, so I use them both indoors and outdoors in modern buildings,” said Irish-born interiors guru Clodagh, who is known for her focus on natural materials. “Fire is one of the five elements in feng shui along with water, wood and metal, so it should always be represented in a room.”

King's Pop Michael Jackson’s infamous Neverland Ranch finally sells for $22M

 


Never say never. Michael Jackson’s troubled Neverland Ranch has found a new owner.

Billionaire Ron Burkle, co-founder of investment firm Yucaipa Companies and a former associate of Jackson, has purchased the Los Olivos, Calif., property for $22 million, the Wall Street Journal reports.

Beyond snagging himself roughly 2,700 acres and a nearly 12,000-square-foot mansion — among the many structures on the estate — Burkle also got a deal. The estate first hit the market in 2015 for a whopping $100 million.

From that point forward, the spread languished on the market. In 2017, it returned for sale asking $67 million following a massive $33 million price cut. In 2019, it was listed for $31 million, the Journal added.


Beyond the property’s sprawling scale, it is also jam-packed with amenities — such as a 50-seat movie theater, a basketball court and several guesthouses — which have long been the subject of dark stories.

In 2016, a report emerged claiming that Jackson kept a triple-locked closet in a guesthouse filled with photos of naked boys and children’s toys. More recently, the 2019 documentary “Leaving Neverland” focused on the stories of two men, Wade Robson and James Safechuck, who alleged that Jackson sexually abused them as children at Neverland Ranch, as well as other locations.

Jackson, who died at age 50 in 2009 from an acute drug overdose, stopped visiting Neverland following his 2005 acquittal on child molestation charges. While for sale, Neverland was renamed Sycamore Valley Ranch in an apparent effort to rid the property of its disturbing legacy. Jackson bought it for some $19.5 million in 1987, and famously gave it “Peter Pan” fantasy touches by adding an amusement park, which has since been removed.

Jackson’s estate then co-owned Neverland with a fund managed by real estate investment trust Colony Capital. According to the Journal, Jackson defaulted on a loan backed by the ranch and Colony bought the note in 2008, which put the title into a joint venture. Burkle was an adviser to Jackson on business matters in the mid-2000s, the Journal added, at a time when Jackson sought to prevent financial downfall due in part to his lavish lifestyle.

The property is located 30 minutes from downtown Santa Barbara and holds 22 structures in total, including a three-bedroom guesthouse with a fireplace.