Mansion Global Daily: The Market Has Shifted For US Sellers, London Super-Prime Property Holds Up And More

Plans for Cylindrical Tower in Fort Lauderdale Revealed by Architectural Firm ODA

A new, cylindrical tower is coming to Fort Lauderdale, Florida. Plans were released this week for the 47-story tower designed by New York-based architectural firm ODA. It will feature a series of cylindrical tubes set atop a tree-covered podium, and will reach 563 feet in height. The development will add 830 rental apartments to the area, with 20,000 square feet of amenities, in addition to plenty of outdoor space. “While the tower design celebrates the simplicity of materials and forms through the repetition of enveloping balconies and slender rounded volumes, special attention was paid to the design and detailing of the building’s base to engage at street level,” said ODA. The seas

Despite concerns, London’s super prime property market remains stable

London’s super-prime property market has been busy – 272 homes sold for £5m or more between January and August, up two-thirds from the same time in 2019. But with mainstream markets cooling down and a tumultuous economy , experts wonder how long the boom can last. Despite the concerns, demand has had little impact so far. “By 2022, I secured more 100% home purchase mortgages over £10 million than ever before in my 20-year career – and September hasn’t stopped there,” said Paul Welch, a mortgage broker at the super-rich. Financial times

Over 100-Year-Old Log Cabin in Vancouver Lists for Nearly C$12 Million

A more than 100-year-old log cabin in Vancouver’s affluent Point Gray neighborhood has entered the market for the first time in about 70 years and is listed for C$11.9 million (US$8.76 million). The property includes a six-bedroom main house on three lots with views of English Bay, downtown Vancouver and the North Shore mountains. Artist Jean Fahrni, who died in 2019 at age 100, has lived in the house for seven decades. The house is listed as Heritage A on the Heritage Register of the City of Vancouver, the highest designation. Vancouver sun

Luxury Eco-Home Unveiling Goes astray in Panama

The launch of a spherical and spaceship-like luxury model home on the coast of Panama went awry this week when the “SeaPod Eco” prototype, which stands on a column above the water, sank onto a dock. The developer, Ocean Builders, planned to put the unusual homes up for sale next year and said in a statement that the eco-friendly home had begun to “destabilize” towards the end of the event. ABC news

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