You are receiving this message because you have visited our site and requested to be contacted. If you no longer wish to be contacted, please use the removal link: REMOVE. | | | | Get Your Brand in Front of Thousands | | Welcome to The Millionaire – your premier source for exclusive lifestyle news and trends. Each edition is meticulously curated to elevate your daily life with insights into luxury, culture, style, technology, travel, and more. Designed to inspire and inform, The Millionaire is not only a trusted resource for our affluent readership but also a high-impact platform for advertisers seeking exceptional engagement and brand affinity. Our audience comprises sophisticated high-income professionals, including business owners, investors, and executives, predominantly male (65%) with a strong female segment (35%). Readers are primarily aged 35 to 54 and boast annual incomes between $150,000 and $300,000. They are drawn to luxury goods, financial strategies, high-end travel, and exclusive experiences. Geographically, they are concentrated in urban and suburban areas of major metropolitan hubs like New York, Los Angeles, and Chicago, aligning with a lifestyle of premier access and exclusivity. Advertisers with The Millionaire connect directly with this discerning audience, achieving unmatched resonance within a community that values quality, innovation, and luxury. | | | | | Exclusive Luxury: Silverstein’s $34 Million Penthouse | | | | A Dream Home Built From the Ground Up Not all luxury properties are purchased from the market. In the case of one New York City developer, the dream home was crafted from the very foundation. Developer Larry Silverstein, renowned for his real estate empire, has recently acquired a breathtaking penthouse in the sky—an abode he meticulously brought to life. The residence is perched atop the 30 Park Place building, a masterpiece he developed in Tribeca.
The Full-Floor Penthouse: A Statement of Luxury The penthouse, a vast 6,200-square-foot space, occupies the 80th floor of the towering 82-story structure. This $34 million property offers unobstructed views of Manhattan’s iconic skyline, placing Silverstein in one of the most sought-after addresses in the city. With its expansive layout and panoramic windows, the penthouse is one of the most luxurious offerings in the building. The unit is nestled just below the pinnacle of 30 Park Place, which is currently the tallest residential building in Lower Manhattan.
A Sky-High Oasis The building itself is home to a host of extraordinary amenities, including a 75-foot lap pool—something Silverstein had personally requested during the architectural planning phase. The pool is just one of many features that elevate the property to extraordinary heights, offering a haven for relaxation and wellness amidst the city’s hustle and bustle.
Breathtaking Views from Every Angle The penthouse provides sweeping views from two private terraces, extending over the Hudson River and as far as Central Park. The northern terrace promises vistas of one of the world’s most famous urban landscapes, while the south-facing balcony affords an exclusive look at the World Trade Center complex—a location deeply significant to Silverstein, who played a pivotal role in its reconstruction after the September 11 attacks.
A Revitalized Neighborhood The building’s location in Tribeca allows Silverstein to enjoy the area’s vibrant, rejuvenated atmosphere. With proximity to high-end shopping, gourmet dining, and the thriving cultural scene, this is a place where luxury is just a step away. The couple relishes their outings, enjoying the blend of old-world charm and modern amenities in their new neighborhood. | | | | Luxury Estate Hits the Market for $6.9 Million | | | | A Gated Estate Like No Other Nestled within the picturesque surroundings of Chapel Hill, this extraordinary estate spans 102 acres and is a true testament to grandeur. Built to perfection, the property boasts 26,000 square feet of living space, making it one of the largest estates in the region. Originally designed as a family retreat, the property is now available for those with an eye for luxurious living.
Unmatched Luxury and Spacious Living The main residence offers five generously sized bedrooms, each exuding elegance and comfort. One of the standout features is the living room wall crafted from stone, with a grand fireplace at its center, creating a cozy yet sophisticated ambiance. The property also includes a guest annex with four bedrooms, ideal for hosting guests or family members.
Recreation and Entertainment in Abundance A true highlight of this estate is the full-size basketball court, adorned with the unmistakable Tar Heels logo. This impressive feature leads to a spacious game room complete with a kitchen, pool table, and fireplace—perfect for entertaining or unwinding. The property also offers an exercise room, locker rooms, a sauna, and a handball court. For those seeking relaxation, the covered, heated swimming pool awaits.
Prime Location and Privacy Located in one of the most desirable areas, this estate ensures both privacy and convenience. The gated property provides a tranquil oasis, while its proximity to local amenities makes it a prime spot for those seeking luxury living with accessibility. | | | | | | | | | | Landlord Sweeteners Surge in Manhattan and Brooklyn Rentals | | | | Rising Concessions Reflect a Struggling Market In both Manhattan and Brooklyn, landlords are offering a growing number of concessions to attract tenants, with rent-free months and fee waivers becoming increasingly common. This trend, fueled by an oversupply of high-end rentals, has led to a record number of rental incentives as landlords fight to secure tenants in a challenging market.
Manhattan's Concession Numbers Reach New Heights In January, Manhattan saw the share of rentals offering concessions soar to 30.9%, marking a significant increase from the 16.4% recorded the previous year. This surge is a direct response to a growing inventory of rental properties, which rose by 13.9% to 6,959 listings. Despite the uptick in available units, the number of new leases dropped by 4.8% to 3,212.
Although the market remains challenging, landlords’ efforts to secure tenants through incentives have paid off, with the vacancy rate decreasing from 2.82% to 2.35%. Meanwhile, median rents saw a modest increase of 0.6% year-over-year, reaching $3,369 in January. However, after factoring in concessions, the net effective rent remained relatively stable at $3,259.
Brooklyn Follows Manhattan's Lead with Significant Increases in Concessions Brooklyn has also experienced a significant rise in landlord incentives, with 18.1% of rentals offering concessions in January—more than triple the 5.4% reported just one year ago. Like Manhattan, this surge in concessions is attributed to an influx of high-end rental properties, with listing inventory growing by 24.9% to 2,459 units.
The increase in available inventory has led to longer listing times, with the average number of days a property remained on the market rising by nearly 30%. In Brooklyn, median rents fell 1.9% year-over-year to $2,750, marking the sixth consecutive month of decline. After accounting for concessions, the effective median rent stood at $2,702. | | | | Exquisite Montecito Estate Lists for $52 Million | | | | A Masterful Blend of Old and New Nestled among mature trees and lush gardens, the Monte Arroyo Estate in Montecito combines timeless Mediterranean elegance with modern sophistication. This refined property, originally built in 1910, has been meticulously restored and updated by a renowned design team, now available for $52 million.
Sophisticated Living Across Expansive Grounds Set on nearly four acres, the estate offers a main house spanning 13,500 square feet, complemented by an 850-square-foot guesthouse and a pool house with nearly 1,000 square feet of space. The estate features nine bedrooms, 10 bathrooms, and three powder rooms, offering ample space for both intimate family living and grand-scale entertaining.
Grand Entrance and Elegant Interiors Upon entering the property through a wrought-iron gate flanked by stone lions, a 450-foot gravel drive winds its way past towering trees, leading to the residence. The home’s living and entertaining areas are designed with graceful proportions, including a double-height living room with an imposing fireplace, a fireside dining room, and a family room with French doors that open to the lush grounds. A cozy study, complete with a honeycomb ceiling and a traditional inglenook fireplace, adds to the home's charm.
A Modern Kitchen and Dedicated Entertaining Spaces The kitchen blends sleek modernity with functionality, featuring a marble-topped island and abundant natural light from skylights above. French doors open to the gardens, offering a seamless transition between indoor and outdoor spaces. For entertaining, the home includes a professional bar with a brass sink, a climate-controlled wine cellar with a tasting room, and a state-of-the-art home theater.
Outdoor Serenity and Wellness Retreat Expansive terraces surround the home, providing stunning views of the park-like landscape. A series of gravel paths wind through the property, leading to a tranquil pond and a swimming pool, alongside a wellness pavilion. The pavilion includes a gym, dry sauna, pool bath, and an ensuite guest bedroom, ensuring ultimate relaxation and comfort for residents and visitors alike. | | | | Park Avenue Townhouse Slashes Price to $9.25 Million | | | | A Classic Townhouse with Modern Appeal Nestled among New York’s prestigious Park Avenue apartment buildings, a rare single-family townhouse is available for sale at a newly reduced price of $9.25 million. This 20-foot-wide, five-story residence blends traditional architecture with contemporary design, offering both classic charm and modern luxury in one of Manhattan’s most sought-after locations.
Original Charm Meets Modern Convenience Built in the late 19th century and remodeled in the 1920s, this Georgian townhouse retains many of its original features, including intricate ceiling medallions, crown moldings, and stained glass. Modern upgrades, such as multi-zone air conditioning, integrated sound systems, and a state-of-the-art security system, ensure comfort and convenience while preserving the building's historic character.
Expansive Living Spaces Across Multiple Floors The main living areas are located on the second and third floors, with a formal sitting room, a vibrant dining room painted in lacquered teal, and a sleek kitchen equipped with custom built-ins, a dining banquette, and a wall of storage cabinets. French doors open to a private deck with a built-in grilling station, creating a perfect space for both casual and formal entertaining.
Luxurious Bedrooms and Private Retreats The townhouse includes six spacious bedrooms, three of which are equipped with ensuite baths. The penthouse level has been enhanced with a discreetly added sixth floor, providing a private master suite featuring a large terrace, custom built-ins, and an opulent bathroom complete with a soaking tub and mossy-green tiled shower. Additional bedrooms on the lower floors offer both comfort and privacy, with two more baths and a home office.
Additional Amenities for Comfort and Functionality The lower levels of the townhouse include a gym, a cedar storage closet, and two additional bedrooms. One bedroom leads out to a small patio, adding a touch of outdoor serenity to the property. These thoughtful additions ensure that the home functions seamlessly for both relaxation and productivity. |
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