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Real Estate |
(Hi readers! We experienced a hiccup when we sent out the newsletter earlier today. Thanks for your patience while we fixed a technical error. This one has all the right links, right in time for the weekend. Cheers!) To list, or not to list? That is every home seller's question right now. Some recognize the risk in trying to move property despite stay-at-home orders, limited showing capabilities and widespread fear of infection. Others see the quietude of what's usually a very busy, crowded selling season as an opportunity. For this week's cover story, Mansion reporter Katherine Clarke explores why some super-wealthy sellers have decided to remain in the game, and what brokers are doing to market homes during the pandemic. Think elaborate open houses on Zoom, and showings that require gloves, masks and booties. Read more right here. Jumbo-loan borrowers might be feeling left behind when it comes to coronavirus relief, however many lenders are allowing homeowners to pause payments—but it's a negotiation. Here's what you should know before moving forward with forbearance. In Lisbon, a car buff put a new spin on a 1950s villa during the home's $540,000 renovation. The star attraction for Alejandro Rodrigues Martins and his wife, Rita Barata da Rocha, is the new, vitrine-like, single-car garage, which allows him to rotate his collection of some 15 cars and view them from inside the house. "My husband treats his cars like diamonds,” says Ms. Barata da Rocha, adding that on any given day he might feature a Ferrari or a Porsche in the $34,000 bijou garage, which is all the compact lot would accommodate. Check it out here. Lastly, take a deep breathe. Find some quite space, if you can. We're headed to the desert for our first edition of the Zen Ten. Each week, we'll bring you outside your four walls to escape for a little bit. Where do you find your zen? Show us by replying to this email, and let us know what you'd like to see more of, too. Happy, peaceful reading! —Kerry Barger, digital editor of Mansion |
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| Coronavirus Isn’t Stopping Some Wealthy Homeowners From Listing Their Luxury Properties |
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| NEUE FOCUS |
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| Coronavirus Relief: What Borrowers Should Know About Skipping Jumbo Payments |
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| DAN PAGE |
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| A Car Collector Put a New Spin on This 1950s Villa in Lisbon |
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| FERNANDO GUERRA |
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Alejandro Rodrigues Martins and his wife, Rita Barata da Rocha, built a single-car garage in the home’s $540,000 renovation to show off their collection. |
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| The Zen Ten: Desert Homes |
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| PATRICK STRATTNER FOR THE WALL STREET JOURNAL |
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We are all sick of looking at the same four walls. So, from the archives of The Wall Street Journal's Mansion section, we offer some new walls from desert homes to get lost in for a few minutes. |
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68 | The number of stores Macy's plans to reopen on Monday in states that have loosened restrictions, joining a handful of other retailers that are limping back to life after the coronavirus forced them to shut stores. (Read more) |
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This investor-turned-DJ traded private equity for Instagram. Now he's letting go of his Miami Beach condo for $10.9 million. |
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A compound by the beach in Southampton has sold for $57.5 million. The roughly 6-acre spread includes two chateau-style homes, one of which has direct frontage on the ocean. |
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House Call | Sitcoms Taught Dylan McDermott Everything He Knew About Family | | The ‘Hollywood’ star, who lives in New York and Los Angeles, on being a latchkey kid, his adoption by Eve Ensler and the mystery behind his mother’s death. |
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Inside Story | A Real-Estate Developer Tried Decorating His Own Apartment. ‘I Gave Up Right Away.’ | | Michael Chetrit called in a professional interior designer when he realized how hard ‘shopping’ can be. |
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The Guru | High-End Homes Come Out of the Woodwork | | An Ohio-based woodworking company creates hand-carved elements, custom paneling and restored decorative features in properties across the globe. |
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- Doormen describe life on the front lines. "All we want is the acknowledgment." (New York Magazine)
- Amid the coronavirus pandemic, Manhattan homebuyers have more power than ever before. (Bloomberg)
- SoftBank expects it will take a $6.6 billion hit on its WeWork investment. (Reuters)
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| Vote for WSJ's House of the Week |
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| JENNIFER AMES, NAPLES KENNY, DUSAN SIMONOVIC |
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Drum roll 🥁 Will it be a historic Chicago home updated for modern day, a Danish farmhouse in the hills of Los Angeles or a French country estate made of stone and brick in Florida? You decide. |
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| May 1, 2020 Edition of Mansion |
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