A property on Central Park West in Manhattan can now claim to be the most expensive property in New York, selling for the astonishing sum of $88 million USD! No, it was not sold to Sex and the City’s Sarah Jessica Parker…this luxury property was purchased by the family of a Russian billionaire and boasts a wrap-around terrace, among other rare New York amenities!
Property in New York is among the most expensive
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In November of 2011, Daimler announced that it intends to axe one of the world’s most potent symbols of wealth—the Maybach. Volkswagen AG (owner of Bentley and Rolls Royce) sees the opportunity to approach some of Maybach’s wealthy clients, including Jay-Z, Samuel L. Jackson, King Juan Carlos, Roman Abramovich and the Sultan of Brunei to perhaps capitalize from the luxury car’s cancellation.
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Read More… from Volkswagen AG Takes Aim at Maybach Clients like Jay-Z
Moneybags Beyoncé Knowles recently took a hit in the luxury real estate realm, unloading her beachside pied-à-terre for about 75% less than she paid for it! Yes, even celebrities fall victim to a challenging market, like Chris Tucker’s Florida mansion losses recently! That is right, Tucker lost out on two upscale properties, follow above link for full story.
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Read More… from Beyoncé Unloads Miami Condo for 75 Percent Loss!
On the heels of a decade of decline sales, Daimler has determined that the death of the Maybach is imminent. The decision to disband the Maybach brand points to a decade of declining sales and a new focus, of course, on the future of the Mercedes-Benz brand.
Don’t worry–you can still rent a Maybach from your friends at Imagine Lifestyles Luxury Rentals anytime you please! We offer competitive pricing for all top brands, including Rolls Royce rentals and Mercedes-Benz rentals! Pictured above: Maybach 57S rental in Miami
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Jerry Rice is asking that the people backed out of buying his $11 million dollar mansion pony up the $330,000 owed to him in accordance with contract terms. The contract stated that should the buyers back out, as they did at the last minute, they forfeit the $33,000 USD. Estates and spaces of this caliber come with stipulations to prevent the waste of precious commodities…like Jerry’s time! See photos of mansion at bottom of post!
Jerry Rice has deep pockets
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Read More… from Jerry Rice Wants $330,000 For Flubbed Mansion Sale!
Rapper Flo Rida seems to be very creative when it comes to protecting his precious luxury items…for example, he leaves his prized red Bugatti Veyron with a local exotic car dealer while he is out of town or on tour. The bonus? Aside from the car being defended against theft and the elements, Flo Rida pays nothing for the storage!
I assume Flo Rida’s DUI arrest in Miami cost him plenty, so saving on his storage is a bonus.
Flo Rida DUI mugshot
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The heat is on between longtime luxury auto rivals Mercedes-Benz and BMW, with Mercedes overtaking BMW during October U.S. sales. Mercedes enjoyed 22,637 U.S. deliveries last month while BMW only 21,873. BMW, however, maintains the lead for the year at 199,552 total vehicles sold.
Stiff competition!
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It seems that some cheat-savvy individuals in Oregon and other farming states have been harvesting some major savings on their luxury vehicle insurance—by claiming they are used for the farm! These fraudulent claims have not left insurance companies amused, and the claimants will not be laughing till the cows come home!
Could you see a Bugatti farming in Napa Valley?
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Read More… from Cheat till the Cows Come Home! Falsely Insured Luxury Cars
Many have embraced the Fisker Karma luxury hybrid, a sharp model seemingly ahead of its time. Even Leonardo DiCaprio owns a Fisker Karma, and held the bragging rights to being the first to order the new model! At the moment, however, many are scrambling to make sense of a gaping MPG discrepancy. By European standards, the Karma is rated at 112 mpg…yet previously, it was slapped with a 52 mpg rating by the EPA. This is a huge difference by any comparison!
Fisker Karma
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Read More… from Good Karma Vs. Bad: Fisker’s Karma MPG Scores Vary Widely
If it sounds crazy to you to drop more on a parking spot than a brand-new drop-top Ferrari…do not move to Manhattan! For the bargain price of $225,000, you can purchase a prime spot in space-starved Manhattan…where parking space is considered prime real estate! Amazingly, there are actual waiting lists for these exclusive spots. I did cover the most expensive parking spot back in March of 2011, and it retains the title along with increasing media coverage. How much will the next most expensive spot set one back?
If you couldn’t imagine spending such a huge amount on a parking spot, just imagine lugging your groceries and shopping bags for blocks in winter weather (double that if you have kiddos)!
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Read More… from Would You Pay More For a Parking Spot than a Ferrari?