real estate

New York Perspective: U.S. Housing Market Gains Momentum as Spring Arrives

By Columbus International,7 May 2025

National housing transactions surge 23% while New York region watches median prices reach $435,000

The traditional spring momentum in the U.S. residential real estate market has arrived with impressive force, according to the latest RE/MAX USA Market Housing Report. March data reveals a substantial 23% month-over-month increase in housing transactions across the 50 metropolitan areas analyzed, marking the largest monthly gain since March 2023’s 37.4% surge.

Market Fundamentals Strengthen, New York Investors Take Note

This sales acceleration comes amid growing inventory, with available homes for sale increasing 8% from February and a remarkable 35.5% year-over-year. New listings have played a critical role in this inventory expansion, jumping 29.8% from February and 7.9% compared to March 2024.

Meanwhile, the median home price reached $435,000 in March, representing a $8,000 increase (1.8%) from February and a $15,000 gain (3.5%) from the previous year. For New York-based real estate investors looking beyond the high-priced metropolitan area for yield opportunities, these national figures represent potential in markets with stronger growth trajectories and lower entry points.

“The arrival of spring, traditionally the most active season for real estate, coupled with increased sales and inventory, could drive further market acceleration,” notes Erik Carlson, CEO of RE/MAX Holdings. “With solid housing availability and stable interest rates—with potential reductions on the horizon—many buyers view current market conditions as the most favorable in recent years.”

New York Regional Context

While Washington D.C. led all metropolitan areas with a 25.3% month-over-month inventory increase, the New York metropolitan region is navigating its own market dynamics within the national spring uptick. The Tri-State area continues to be influenced by the broader national trends of increasing inventory and strong pricing.

According to Bryan Cantio of RE/MAX Allegiance in Washington D.C., this growth became particularly evident mid-month: “We’ve observed gradual inventory increases since January, but the market accelerated more decisively by mid-March. This represents a positive development for buyers who have faced housing shortages for nearly two decades, while sellers will likely need to adapt to greater market uncertainty.”

For New York-based investors and homeowners, these national patterns provide context for local market conditions, where proximity to financial markets and the region’s unique housing density create distinctive market characteristics.

Key Performance Metrics

The RE/MAX report highlighted several other significant market indicators:

Buyers paid an average of 99% of asking price, consistent with both February 2025 and March 2024 figures
Homes sold in an average of 44 days, down from 51 days in February but still five days longer than March 2024
Housing supply measured 2.3 months, below February’s 2.7 months but above the 1.7 months recorded last year

Top Markets for New Listings

The metropolitan areas recording the strongest year-over-year growth in new listings were:

Las Vegas: +28%
Nashville: +26.5%
Manchester: +26.3%

Conversely, Birmingham (-13.4%), Minneapolis (-12.7%), and Des Moines (-12%) experienced the most significant declines.

Transaction Leaders and Laggards

While overall transactions decreased 1.4% year-over-year, certain markets outperformed:

San Francisco: +13.3%
Fayetteville: +9.9%
Dover: +8.4%

Markets showing the steepest annual transaction declines included Bozeman (-11.9%), New Orleans (-11.7%), and Atlanta (-9.5%).

Price Trends and Market Dynamics

Burlington led all markets with a striking 22.4% year-over-year price increase, followed by Trenton (+9.7%) and Fayetteville (+8.8%). Price decreases were most pronounced in Honolulu (-4.5%), Omaha (-3.2%), and New Orleans (-1.8%).

The sale-to-list price ratio reveals additional market dynamics. San Francisco (104.8%), Hartford (103.3%), and Trenton (101.3%) commanded the highest ratios, indicating properties selling above asking price. Miami (94.1%), Bozeman (96.2%), and Tampa/New Orleans (both 96.6%) recorded the lowest ratios.

Market Velocity

Properties sold fastest in Washington D.C. (16 days), Baltimore (17 days), Manchester (17 days), and Philadelphia (18 days). The slowest-moving markets were Bozeman (84 days), Fayetteville (80 days), and New Orleans/Miami (both 75 days).

With inventory levels continuing to rise and spring market momentum building, the residential real estate market appears positioned for an active season ahead, balancing increased choices for buyers with potentially shifting dynamics for sellers. For New York-based readers watching both local and national housing trends, this data offers valuable insights for portfolio diversification beyond the city’s borders, while highlighting the broader economic currents affecting real estate from Manhattan to Miami.

NYC’s Top 50 Most Expensive Neighborhoods In Q1 2025: Brooklyn Takes The Lead

By Columbus International,30 April 2025

The New York City real estate market began 2025 with strong momentum, as the median sale price across the city rose 10% year-over-year to $768,000 in the first quarter. This price growth coincided with a 10% increase in transaction volume, with 7,154 sales of condos, co-ops, and single-family homes recorded between January and March 2025, according to Property Shark’s latest market report.

Hudson Yards Remains King Despite Price Drop

Hudson Yards maintained its position as NYC’s most expensive neighborhood with a median sale price of $5.36 million, despite an 11% year-over-year decrease. The neighborhood also recorded the second-sharpest increase in sales activity among NYC’s 50 most expensive areas, with transactions surging 160% compared to Q1 2024. However, this impressive percentage actually translated to just eight additional transactions compared to the previous year.

Little Italy Resurfaces At #2

After a three-quarter absence from the top rankings due to low sales activity, Little Italy claimed the #2 spot with a median sale price of $4.59 million. Six of the seven condos sold in this neighborhood during Q1 were pricey NoLiTa units, including a nearly 3,700-square-foot unit at The Residences at Prince that sold for $8 million and a nearly 3,200-square-foot unit at the Puck Building that traded for $7.85 million.

SoHo and TriBeCa Round Out Top 4

SoHo followed at #3 with a median sale price of $3.85 million, representing a 9% year-over-year increase, while TriBeCa landed at #4 with a median of $3.3 million. Both neighborhoods saw increased transaction activity, with sales growing 25% and 23% year-over-year, respectively.

Hudson Square Makes Dramatic Rise

Hudson Square rose to the #5 position with a $2.6 million median sale price, representing a dramatic 61% year-over-year price increase — one of the sharpest among NYC’s top 50 neighborhoods. This million-dollar price jump was influenced by a shift in property types sold, with only one co-op sale (worth $1.27 million) among the neighborhood’s 13 transactions in Q1 2025, compared to four out of seven sales being co-op units last year.

Hudson Square also experienced one of the sharpest increases in sales activity, with an 86% year-over-year jump — though this translated to just six additional transactions, two of which were signed at the exclusive Spice Warehouse at 481 Washington St.

Brooklyn Claims Three Spots in Top 10

Brooklyn secured three positions in the top 10, with Cobble Hill at #6 ($1.91 million, up 22% year-over-year), DUMBO at #7 ($1.88 million, up 7%), and Boerum Hill at #9 ($1.7 million). While Cobble Hill and Boerum Hill saw increased transaction activity (up 12% and 15% year-over-year respectively), DUMBO experienced a more than one-third decline in sales volume.

Manhattan’s West Village and Theatre District-Times Square area rounded out the top 10 at #8 and #10 with median sale prices of $1.77 million (up 36% year-over-year) and $1.67 million (up 37%), respectively.

Notable Absences From The Top 10

Several traditionally high-ranking neighborhoods fell out of the top 10 due to significant price decreases. Carroll Gardens, which ranked #4 in Q1 2024 with a $2.79 million median, saw its median sale price halved to $1.38 million as the average size of homes sold decreased by more than 600 square feet compared to the previous year.

The Flatiron District and Chelsea also dropped from their year-ago #5 and #6 positions to tie at #19 with a $1.38 million median sale price. Both neighborhoods experienced price declines exceeding 30% due to changing property mixes — more co-op sales in Flatiron and smaller units in Chelsea compared to early 2024.

Similarly, Battery Park City (#43) and Central Midtown (#32) fell in the rankings as their median prices were cut by nearly one-third, with Battery Park City dropping below the $1 million threshold.

Brooklyn Edges Out Manhattan In Neighborhood Count

Brooklyn placed 22 neighborhoods among NYC’s 50 most expensive in Q1 2025, slightly surpassing Manhattan’s 20 neighborhoods. This represents the second consecutive quarter that Brooklyn has outranked Manhattan in this metric, after first achieving this milestone in Q3 2024.

Brooklyn was home to three of the sharpest price increases among the city’s most expensive neighborhoods. Madison experienced a staggering 145% price surge, jumping from #104 in Q1 2024 to #25 currently, with its median sale price rising from $510,000 to $1.25 million. This dramatic increase resulted from a significant shift in property types sold — 11 of the 15 transactions were houses and only one was a co-op, whereas co-ops accounted for nearly half of all Madison sales in Q1 2024.

Mill Basin recorded the second-sharpest increase among NYC’s most expensive neighborhoods with a 62% year-over-year jump to $1.43 million. Similarly, Bedford-Stuyvesant saw a 38% price increase, driven by higher-priced condo sales.

Queens Just Misses Top 10

Queens nearly secured a top 10 position with Malba’s $1.55 million median sale price, just $115,000 short of the Theatre District-Times Square area at #10. Queens contributed 11 neighborhoods to the top 50 list, with Neponsit following Malba as the borough’s second most expensive area at #24 with a $1.27 million median.

Overall, Queens experienced a more modest 6% year-over-year price growth to close Q1 2025 at $581,000, with sales increasing 8% compared to the same period last year.

Market Expansion Above $1 Million

Notably, 41 neighborhoods surpassed the $1 million median sale price threshold in Q1 2025, representing an increase of 10 neighborhoods compared to Q1 2024. Of these, five neighborhoods achieved median sale prices above $2.5 million.

Auburndale in Queens claimed the final spot in the top 50 with a $900,000 median, 13% higher than the $795,000 median that placed Bushwick at #50 in Q1 2024, further demonstrating the market’s upward trajectory.

Source: Property Shark Q1 2025 Report

Italian Real Estate Shows Slight Shift in Investment Trends for 2025

By Columbus International,29 April 202529 April 2025

After two years of growth, investment purchases cool slightly while maintaining historically strong levels

The Italian real estate market is showing signs of a subtle directional change in 2024-2025.

Following increases during 2022 and 2023, investment purchases now represent 19% of total transactions, a marginal decrease from 19.5% last year, according to analysis from the Research Department of Gruppo Tecnocasa based on transactions completed by agencies throughout Italy.

https://www.youtube.com/shorts/wol5s-dzfr8

Though minimal, this decline represents a cooling signal after two consecutive years of growth. From 2012 to 2022, investment purchases consistently ranged between 16% and 18%, making the current level—despite its decrease—still among the highest recorded between 2012-2024. Historical lows were reached during 2014-2015 and again between 2020-2021, largely due to pandemic effects.

Major Cities Continue Driving Investment Activity

Major metropolitan areas maintain their position as investment hotspots, with investment purchases reaching 28.1% of transactions—slightly down from 28.6% in 2023 but significantly above the national average. Naples leads the 2024 rankings with an impressive 38.9% of purchases made for investment purposes, followed by Palermo (36.0%), Verona (32.2%), Bari (30.5%), and Florence (30.3%). Milan and Bologna both exceed the 28% threshold, while Rome (21.5%) and Turin (21%) complete the rankings.

https://www.youtube.com/shorts/8XvTu7VYyrg

Property Preferences Evolve as Investors Seek Larger Spaces

Two-room apartments remain investors’ preferred choice, accounting for 32.5% of investment purchases, followed by three-room units at 27.4%. Notably, 2024 has seen increased interest in larger properties (four rooms and above) and independent housing solutions, which grew from 13.2% to 13.8% of investment purchases—signaling renewed interest in more spacious and versatile properties.

Investor Profile: Mid-Career Professionals and Families Lead the Market

The typical investor age remains stable, with the 45-54 bracket being most active (27.7%), followed by 35-44 year-olds (22.6%) and 55-64 year-olds (21.8%). Couples and families dominate the investment market, representing 72.2% of investment buyers. Single investors have declined from 30.6% in 2023 to 27.8% in 2024, reversing the growth trend observed in previous years.

Foreign Investors and Financing Options Gain Ground

Foreign investment in Italian real estate continues to strengthen. While international investors represented only 4.1% of transactions in 2019, they now account for 9.5% in 2024, making a significant contribution to the investment segment.

Cash purchases remain dominant at 85.9% of investment transactions. However, mortgage financing has increased to 14.1%, showing recovery after the 2023 slowdown caused by rising interest rates.

Source: Analysis by Gruppo Tecnocasa, as reported by Idealista

First Home Tax Benefits: The Notary Council’s New Guide to Navigating Purchase Incentives

By Columbus International,28 April 2025

A strategic collaboration to clarify fiscal opportunities in real estate purchases

Source: Idealista.it

In an ever-evolving real estate market, purchasing a first home still represents a fundamental pillar in the economy of Italian families. Recognizing the importance of this crucial step, the National Council of Notaries, in partnership with 14 Consumer Associations, has developed a practical and accessible tool to guide citizens through the complex landscape of tax benefits.

A strategic handbook in question-answer format

The nineteenth guide produced by this collaboration, titled “First Home Tax Benefits – Instructions for Use,” stands out for its pragmatic approach. Structured through a question and answer format, accompanied by summary tables, the publication offers immediate clarification on key questions: who can access the benefits, which properties qualify, and how to avoid forfeiting tax advantages.

“This guide stems from the concrete experience of notaries and consumers, which is why it differs from other products on the same topic,” explains Alessandra Mascellaro, national councilor of the Notariat responsible for relations with Consumer Associations. “It’s particularly effective because, in the maze of regulations that have succeeded one another over time, it circumscribes individual topics with the question and answer scheme.”

An investment that maintains its social value

Despite the transforming economic landscape, purchasing a first home continues to represent a significant milestone. According to Giulio Biino, president of the National Council of Notaries, “In a changing world, purchasing a first home continues to be an achievement.” The guide positions itself as an essential support precisely in this preliminary phase, when “one forgets that the price is not everything” and that tax implications “can affect the final price significantly depending on the possible benefits available.”

The document, defined by Biino as “a sort of first aid,” is not intended to replace professional consultation but to provide an initial orientation accessible to everyone.

Numbers confirm the importance of property ownership

According to the Federproprietà-Censis report, 83.2% of Italians view home ownership as a factor of security and stability. 78.4% consider it an expression of their identity, while for 69.1% it remains an always secure investment. Half of the owners, moreover, declare their intention to pass the property on to their children or grandchildren.

Notarial Statistical Data reveals that in 2023 almost 50% of purchases concerned first homes, with a prevalence in the 18-35 age group (26% of transactions, down from 28% in 2022). The use of tax credits also showed a decline: the 36-45 age bracket dropped from 35% in 2021 to 31% in 2023.

What are first home benefits

Benefits vary depending on the seller: if the purchase is from a construction company, VAT drops from 10% to 4% of the price, with fixed cadastral and mortgage taxes of 200 euros each. If the seller is a private individual, the registration tax is reduced from 9% to 2% of the cadastral value, with cadastral and mortgage taxes of 50 euros each. These benefits also extend to appurtenances (garages, cellars, parking spaces), even if purchased separately.

Requirements needed to benefit from the incentives

To access the benefits, the property must belong to “non-luxury” cadastral categories (excluding A/1, A/8, A/9), while categories A/2, A/3, A/4, A/5, A/6, A/7 are eligible, as well as C/2, C/6, and C/7 for appurtenances (limited to one per category).

As for the buyer, they must be a private individual with residence (or commitment to transfer it within 18 months) in the municipality of the property. They must not own other properties in the same municipality, nor properties purchased with the same benefits anywhere in the country.

Important: selling or donating the property within five years of purchase results in forfeiture of benefits, with the obligation to pay the tax difference (7% for registration tax, 6% for VAT), a 30% penalty, and default interest, unless another first home is purchased within one year of the alienation. The same happens in case of failure to transfer residence within the expected timeframe.

The complete guide is freely available for consultation and download on the websites of the Notariat and Consumer Associations.

Market Volatility Creates Unprecedented Disruption In Ultra-Luxury Real Estate

By Columbus International,14 April 2025

Recent market volatility has triggered a significant and abrupt shift in the ultra-luxury residential real estate sector, with high-net-worth individuals reconsidering or abandoning multi-million dollar property acquisitions amid economic uncertainty. According to recent reporting by The Wall Street Journal, this sudden pullback signals a potential turning point for a segment of the market that had remained seemingly impervious to broader economic pressures.

Wealth Effect In Reverse

The luxury property market, which has demonstrated remarkable resilience through interest rate hikes that slowed mainstream housing, is experiencing what economists term a reverse wealth effect. When high-net-worth individuals witness portfolio values decline, psychological barriers to large discretionary purchases emerge regardless of their overall financial stability.

A case in point: a New York real estate agent, Peter Ocean, had secured a $10.25 million deal for a four-bedroom Lenox Hill co-op in early March, only to see it collapse days before contract signing when market turbulence eroded the buyer’s stock portfolio by approximately 25%, as reported by The Wall Street Journal.

This pattern is repeating across the nation’s most exclusive enclaves. In Bel-Air, a $65 million transaction fell through when international buyers backed out during their contingency period following market fluctuations. Meanwhile, in Coral Gables, Florida, a businessman requested a 30-day pause on negotiations for a $42 million, 15,000-square-foot residence due to concerns about his China-dependent import business.

Strategic Recalibration Among Affluent Buyers

The market disruption extends beyond immediate wealth preservation concerns. The Wall Street Journal reports that some affluent buyers are strategically repositioning capital that would have been allocated to luxury residences.

In Brooklyn’s Park Slope neighborhood, business owners Joanna Neumann and her husband rescinded their offer on a $3.995 million brownstone despite it being their “dream home.” Their priority shifted to maintaining liquidity to support their gym business should economic conditions deteriorate further.

This calculation—weighing dream properties against business needs—represents a significant psychological shift in a market segment where discretionary purchasing power has seemed limitless in recent years.

Geographic Breadth Of The Pullback

The luxury market cooling is geographically diverse, affecting established wealth centers and emerging luxury destinations alike. According to The Wall Street Journal:

In Aspen, Colorado, approximately $100 million in high-end properties returned to the market in early April, including a $52.5 million West End residence that was relisted after falling out of contract
In Houston, Texas, a $1.3 million verbal offer was withdrawn as buyers cited market uncertainty
In Morris Township, New Jersey, an $9.95 million castle lost its buyer during due diligence
In Ridgewood, New Jersey, a $1.8 million property fell out of contract on April 2, coinciding with presidential trade action

The impact spans primary residences, vacation properties, and investment acquisitions alike, suggesting a broad-based recalibration of risk assessment among affluent buyers.

Market Context And Forward Indicators

The current disruption follows a period of extraordinary growth in luxury real estate. According to data cited by The Wall Street Journal from Redfin, the median sale price for U.S. luxury homes—defined as the top 5% of sales—increased 8.8% during the second quarter of 2024, outpacing non-luxury properties by more than double.

This price appreciation, coupled with limited inventory in premier markets, had created a seller’s market that appeared unstoppable. Recent market events, however, have prompted a reset in both seller expectations and buyer confidence.

Strategic Implications For Market Participants

Industry professionals are divided on whether the current pullback represents a temporary hesitation or the beginning of a more substantial correction. Some agents report continued interest from buyers seeking to diversify away from equities, while others note a wait-and-see approach among clients.

For sellers, the changing dynamics may require strategic patience. The Lenox Hill co-op owner who lost a $10.25 million deal subsequently rejected a $9 million offer, banking on market stabilization restoring buyer confidence.

For the ultra-wealthy, these decisions ultimately reflect portfolio management strategies rather than housing necessity—a fundamental distinction from the broader housing market that makes luxury real estate both more volatile and potentially more resilient in response to economic uncertainty.

As markets attempt to find equilibrium amid ongoing economic and policy developments, the luxury real estate sector may serve as a leading indicator of high-net-worth investor sentiment and their longer-term confidence in economic conditions.

Exclusive San Vicente Debuts in West Village, Elevating NYC’s Luxury Real Estate Scene

By Columbus International,19 March 2025

In a significant addition to New York’s ultra-high-end commercial real estate landscape, the San Vicente club opened its doors Friday at 115 Jane Street in the West Village, adjacent to the former Jane Hotel property. This debut marks a pinnacle moment in Manhattan’s exclusive members-only club sector, representing a premium investment in one of the city’s most coveted neighborhoods.

The San Vicente arrives from Los Angeles, where it has established itself as a sanctuary for A-list clientele including Meghan Markle and Prince Harry. It joins Manhattan’s growing portfolio of exclusive venues including Jean-Georges’s Chez Margaux, London import the Twenty Two, ZZ’s from Carbone, Tao’s Crane Club, Zero Bond (a favorite of Mayor Eric Adams), and Casa Cipriani.

What distinguishes this property development is its exceptional exclusivity model. The club maintains complete separation from the adjacent hotel operations, with neither clientele having access to the other’s facilities. More notably, San Vicente’s membership criteria extend beyond mere wealth—even billionaires aren’t guaranteed entry without the right cultural capital and connections.

The West Village location has been in development since 2022 when owner Jeff Klein acquired the Jane property. Klein’s real estate portfolio includes the prestigious Sunset Tower Hotel in Los Angeles, which he purchased for $18 million and transformed into an iconic venue that hosted Vanity Fair’s Oscars parties for years.

Unlike some competitors in the market that command initiation fees reaching $20,000-$30,000, San Vicente’s fee structure ranges from $3,000-$15,000 for initiation and $1,800-$4,200 in annual dues, varying based on age. This pricing strategy positions the property in a unique segment of the luxury market.

The property features multiple revenue-generating spaces including ground floor and rooftop restaurants, plus food service throughout various amenity areas such as the drawing room, billiards room, and disco. Chef Nicholas Ugliarolo, formerly of Jean-Georges management and ABC Kitchen, leads the culinary operations after a rigorous selection process that reportedly involved over 100 candidates.

The food program offers a sophisticated menu with items ranging from $18 appetizers to $58 seafood entrées, positioning the venue in the premium dining sector. Bar operations are led by industry veteran Aaron Thorpe, previously associated with prestigious establishments including Raoul’s, Le Coucou, and Stephen Starr properties.

Industry analysts are watching closely to see if New Yorkers will embrace this West Coast import, particularly given Klein’s exacting standards. As Klein himself noted, New York presents significant challenges for achieving success in the luxury hospitality and real estate sectors.

Klein’s hands-on management style has been compared to that of the late Joe Allen, with The New York Times noting “You feel Jeff’s presence in every way” throughout the property. This attention to detail has been a hallmark of Klein’s previous successful real estate ventures and appears to be central to the San Vicente business model.

Source: Eater NY

Photo credit via San Vicente Clubs

Giuliani Slashes Price on NYC Penthouse Following Legal Settlement

By Columbus International,5 March 2025

Former New York City Mayor Rudy Giuliani has relisted his Manhattan penthouse at a significantly reduced price following the resolution of his high-profile legal battle with two Georgia election workers, according to real estate records.

The three-bedroom Upper East Side residence hit the market Monday for $5.2 million—representing a substantial $1.4 million price reduction from its previous listing price.

This latest listing comes just days after a judge declared Giuliani had “fully satisfied” the terms of a settlement agreement with Ruby Freeman and Shaye Moss, two Georgia election workers who had successfully sued him for defamation. As The New York Post reported, the settlement allowed Giuliani to retain ownership of valuable assets—including this penthouse—that might otherwise have been seized to satisfy the $140 million judgment against him.

Luxury Living in Historic Landmark

The penthouse, located in the prestigious Lenox Hill neighborhood, offers luxury amenities rarely found in Manhattan’s high-end market. The property features a wood-paneled library, a wood-burning fireplace, and a glass conservatory. Previous listing photographs showcased Giuliani’s memorabilia collection, including a signed replica of Joe DiMaggio’s Yankees jersey presented to him in 2002.

Situated in a Gothic-inspired terra cotta and brick building constructed in 1906 and designated a landmark in 1977, the residence provides panoramic Central Park views. The white-glove cooperative includes full-service amenities with a monthly maintenance fee of $10,934 covering door attendants, porters, and a resident manager.

History of Price Reductions

This isn’t Giuliani’s first attempt to sell the property. According to listing history, the penthouse was initially offered in summer 2023 for $6.3 million and has undergone three separate price reductions since then.

The New York Post reported that prior to the recent legal settlement, Giuliani had made “a last-ditch bid to sell the pad at a $1 million discount” before it could potentially be seized by Freeman and Moss, who had successfully sued him after he accused them of ballot tampering during the 2020 election.

The current listing is being handled by Serena Boardman at Sotheby’s International Realty.

Boxing Legend Floyd Mayweather Expands Real Estate Empire with $402 Million Manhattan Portfolio

By Columbus International,3 March 2025

This article is featured in the “Newsroom” section of Columbus International, a real estate boutique founded by Richard Tayar with offices in New York, Miami, Milan, and Florence. Columbus International specializes in residential, commercial, luxury real estate and investment opportunities in bridge markets between Italy and the United States.

The Undefeated Champion Takes His Winning Strategy from the Ring to New York’s Property Market

Former boxing champion Floyd Mayweather Jr. has delivered a knockout punch in the New York real estate market with his latest acquisition—a massive $402 million multi-family portfolio in Upper Manhattan. The undefeated athlete, known for his financial acumen as much as his boxing prowess, shared the news with his nearly 29.7 million Instagram followers in characteristic victory style.

“All the buildings belong to me, I don’t have no partners,” Mayweather declared in his social media announcement. “And all the retails down below on my buildings, all of them belong to me too. You can do the same. It’s all about making power moves.”

The impressive portfolio includes 62 multifamily properties comprising more than 1,000 units, many of which are rent-stabilized, according to earlier reporting by The Real Deal. The acquisition was made through Mayweather’s real estate investment firm, Vada Properties.

Building a Diversified Real Estate Portfolio

This Upper Manhattan investment represents just one component of Mayweather’s rapidly expanding real estate empire. The boxing legend has demonstrated strategic diversification across various property segments:

A $100 million investment in a $3 billion luxury rental portfolio joint venture, including The Copper’s twin residential towers in Murray Hill
Another $100 million investment across nine skyscrapers in partnership with SL Green, New York City’s largest commercial landlord
An 18-asset deal in November spanning properties in New York, Chicago, and Jersey City, marking his entry into office real estate
Personal residential moves including the purchase of a five-bedroom unit in the Baccarat Hotel and Residences in Midtown Manhattan

Luxury Living and Strategic Divestments

Mayweather’s personal real estate portfolio has seen significant activity as well. The Post’s Gimme Shelter reported on his New York house hunt late last year, which included touring a $150,000-per-month Soho bachelor pad and a Gilded Age mansion before settling on his Baccarat residence.

The entrepreneur has also been strategically divesting properties, selling a $22 million home in Miami’s Biscayne Bay last year and recently listing his $12.5 million Las Vegas mansion.

Beyond Real Estate: Sports Ownership Aspirations

As Mayweather celebrates his 48th birthday, the billionaire’s increased presence in New York City isn’t solely attributed to his real estate ventures. Reports suggest he’s exploring potential plans to purchase a minority stake in the New York Giants alongside business partner and real estate magnate Meyer Orbach.

Mayweather’s aggressive expansion into real estate comes at a time when many investors have retreated due to high borrowing costs, particularly in the affordable housing segment. This countercyclical approach aligns with the boxing champion’s career-long strategy of identifying opportunities where others see obstacles.

“Over 1,000 apartments, I’m just getting started,” Mayweather stated confidently in his Instagram post, suggesting this latest knockout acquisition is merely the opening round in his real estate championship bout.

Residence Marina 35: Where Luxury Meets the Mediterranean

By Columbus International,26 February 202526 February 2025

In the world of luxury real estate, location remains the ultimate differentiator. Yet rarely does a development so perfectly embody the intersection of natural beauty, sophisticated design, and lifestyle potential as Residence Marina 35 at Puntone di Scarlino – a place where the authentic essence of Tuscan coastal living meets contemporary luxury.

The New Standard of Mediterranean Living

Nestled along Tuscany’s pristine coastline in the heart of Maremma, Residence Marina 35 represents more than just premium real estate—it embodies a particular philosophy of living. Situated between Via Garibaldi and Via della Dogana in the entrance area to Marina di Scarlino, the development’s 35 meticulously designed residences, ranging from 50 to 90 square meters, offer discerning buyers a rare opportunity to secure their place in one of Italy’s most coveted coastal enclaves.

Residence Marina 35 | Schedule a private tour today!

What distinguishes Residence Marina 35 is its harmonious integration with both the natural landscape and the cultural fabric of Tuscany. Each residence is positioned to maximize the breathtaking sea views while providing immediate access to the sophisticated amenities of Marina di Scarlino—which is more than just a port, but a veritable ‘citadel of the sea’ offering high-quality sailing services, beautiful boutiques, excellent hospitality, and cultural initiatives.

The Maremma region itself adds a layer of authenticity to the development, with its ancestral Etruscan heritage and distinctive character. Comprising about a quarter of Tuscany’s territory between the provinces of Livorno and Grosseto, this microcosm blends sea, hill, and mountain landscapes with rich cultural traditions and renowned culinary offerings.

Design That Transcends Trends

In an era where luxury developments often prioritize ostentation over substance, Residence Marina 35 takes a more nuanced approach. Composed of two distinct building bodies with four floors above ground plus a basement level for vehicle parking, the architectural vision embraces clean lines and open spaces, utilizing materials that reference the region’s natural palette.

The high plane-volumetric configuration of the site has allowed for the mitigation of the visual impact of the buildings with respect to the environmental context. Despite having four floors above ground, the structures remain lower than surrounding buildings, giving the intervention an appropriate urban connection.

To enhance the Mediterranean climatic characteristics, the design features flat roofs and strongly overhanging terraces that effectively extend the interior living space to the outdoors, allowing residents to enjoy both the sun and panoramic sea views.

The penthouses, undoubtedly the crown jewels of the development, occupy the second and third floors with approximately 90 square meters of space. Accessible via an exclusive internal staircase leading to a large open-space living area, these units feature expansive terraces that crown the buildings and blur the boundary between indoor and outdoor living—a hallmark of Mediterranean lifestyle. These spaces are designed not merely as viewpoints but as extensions of the living area, suitable for everything from intimate dinners to larger social gatherings.

Strategic Position in the Global Context

For the international investor, Residence Marina 35 offers compelling strategic advantages. Its location provides exceptional connectivity to both celebrated destinations and hidden gems of the Mediterranean.

Marina di Scarlino is truly a sailor’s paradise. The deep Gulf of Follonica and the adjacent hills of the natural parks create a mild microclimate with ideal sea and wind conditions in every season.

The maritime connections are particularly impressive: Elba Island sits just 16 nautical miles offshore, while Corsica can be reached in a day’s sailing (60 nautical miles) and Sardinia in two days (120 nautical miles). The development also borders the islands of the National Park—Capraia, Gorgona, Pianosa, Montecristo, Giglio, and Giannutri—positioning Residence Marina 35 at the center of the Mediterranean’s yachting culture.

Meanwhile, the cultural riches of Florence, Siena, and Pisa are all easily accessible, along with the charming San Gimignano and Grosseto. This creates the perfect balance between coastal serenity and urban sophistication, complemented by excellent road, rail, and airport connections to major cities including Rome and Milan.

Investment Perspective

The Tuscan coast has historically demonstrated remarkable resilience in property values, even during global market fluctuations. Residence Marina 35 enters this market as a premium product with limited supply—a combination that traditionally supports long-term value appreciation.

The development is seeing significant interest from both European and North American buyers. Many are attracted by the investment potential, but ultimately, they’re compelled by the lifestyle proposition—the blend of Tuscan authenticity with contemporary luxury.

A Development With Distinction

What separates Residence Marina 35 from comparable developments is its holistic approach to luxury living. Rather than focusing exclusively on the properties themselves, Columbus International has considered the entire living experience—from the convenience of private basement parking to the thoughtful design of each residence type.

The development offers remarkable versatility in its residential offerings. The ground floor units (approximately 50 square meters) have direct access from the common courtyard and feature functional layouts optimized for couples. The first-floor apartments come in two configurations—70 and 80 square meters—both featuring open-space living areas with the option to separate the kitchen from the living room. The upper-floor apartments and penthouses provide the ultimate in Mediterranean living with their generous terraces and panoramic views.

Aesthetics and function, elegance and simplicity, personality and comfort are the guiding principles behind the development. Refined interior environments and attention to detail characterize each housing unit, with projects designed to meet the different needs of future residents.

This attention to lifestyle extends to the natural environment as well. Beyond the development itself lies a dense map of zero-kilometer destinations—from marine parks to unspoiled coves like the nearby Cala Violina—allowing residents to experience an authentic corner of Tuscany from enogastronomic, cultural, artistic, and landscape perspectives.

Looking Ahead

As global wealth continues to seek refuge in tangible assets that offer both lifestyle benefits and investment security, developments like Residence Marina 35 represent an important evolution in luxury real estate. By combining location excellence, architectural distinction, and lifestyle integration, Columbus International has created a compelling proposition for the discerning buyer.

The structures themselves, made of reinforced concrete and insulated with thermal blocks, have been conceived with architectural simplicity to facilitate modular internal distribution that’s as flexible as possible—adaptable to both tourist and residential needs. The apartments on upper floors are accessible from multiple stairwells and elevators that lead to common distribution balconies and individual housing units, ensuring privacy and convenience.

Residence Marina 35 invites potential owners to immerse themselves in la dolce vita at this exclusive new development in Puntone di Scarlino. This project represents the quintessence of Italy: beauty, art, history, and breathtaking landscapes, with the Maremma adding the special ingredient of authenticity.

With construction progressing on schedule and several units already reserved through private viewings across both building structures (designated B1 and B2), interested parties are encouraged to contact Columbus International directly to arrange a consultation.

Columbus International is a premier real estate development firm specializing in luxury properties throughout the Mediterranean region. With a portfolio spanning multiple countries and decades of experience, the company has established itself as a trusted partner for discerning investors seeking exceptional real estate opportunities.

For more information about Residence Marina 35 or to schedule a private viewing, contact info@columbusintl.com. Discover how you can make this authentic corner of Tuscany your own Mediterranean sanctuary.

From Medieval Castles to Fashion Palazzos: Luxury Gastronomy Reshapes Italian Real Estate

By Columbus International,21 February 202521 February 2025

Columbus International, with its signature expertise in luxury real estate across New York, Miami, Milan and Tuscany, continues to witness how exceptional dining experiences are transforming historic properties into world-class destinations. Two recent developments highlight this trend that savvy real estate investors should note.

Castello di Fighine: A Medieval Marvel Reborn Through Gastronomy

In the heart of Tuscany’s Val d’Orcia, an extraordinary transformation has occurred. What began in 1266 as a fortress granted by Frederick II of Swabia to Tancredi Campiglia has evolved into one of Italy’s most exclusive gastronomic destinations.

The once-abandoned medieval hamlet of Fighine has been meticulously restored to offer 34 luxury accommodations spread across five elegantly designed villas, two apartments, and various historic structures including a consecrated 18th-century church. The conservative yet luxurious interior design by international designers David Mlinaric and Hugh Henry creates an atmosphere of authentic country elegance with functional luxury.

At the heart of this renaissance is the Michelin-starred restaurant Castello di Fighine. Under the guidance of three-starred chef Heinz Beck (of Rome’s La Pergola) and led by talented head chef Francesco Nunziata, the restaurant offers sophisticated tasting menus (€130 for 5 courses, €150 for 7 courses) featuring locally sourced ingredients, many from the property’s organic garden.

Dining here means experiencing culinary mastery within two-meter thick stone walls, where dishes like the “Cappelletti alla Genovese with balsamic vinegar and Parmigiano fondue” blend regional Italian influences with technical precision. The restaurant’s intimate setting, with well-spaced tables and views of the surrounding greenery, creates an atmosphere of protected exclusivity.

Louis Vuitton Brings Luxury Dining to Milan’s Fashion District

Meanwhile, in Milan’s prestigious Quadrilatero della Moda, luxury fashion house Louis Vuitton is extending its brand into the culinary world with the opening of “DaV by Da Vittorio Louis Vuitton” this April. Located in Palazzo Taverna on Via Montenapoleone, the restaurant will be accessible from both the maison’s showroom and Via Bagutta.

This collaboration with the three-Michelin-starred Da Vittorio restaurant group marks Louis Vuitton’s first gastronomic venture in Italy, following successful dining establishments in France, Japan, China, and the United States. The Cerea family, owners of Da Vittorio, promise a blend of Italian culinary tradition with international creativity in a contemporary setting.

The restaurant will feature Louis Vuitton’s Art de la Table collections and design elements that blend the brand’s aesthetic with Italian cultural influences. While described as “casual dining,” this venture represents the growing intersection of high fashion and fine dining in premium real estate locations.

Columbus International: Pioneering Luxury at the Intersection of Real Estate and Lifestyle

For Columbus International’s discerning clients, these developments represent more than culinary news—they signal lucrative investment opportunities. Properties adjacent to such prestigious culinary destinations often see significant appreciation in value.

In Tuscany, Columbus International has long specialized in identifying and representing historic properties with restoration potential similar to Castello di Fighine. Our expertise in navigating Italian restoration regulations and sourcing authentic materials has helped numerous clients transform ancient structures into luxury accommodations.

In Milan, our team’s intimate knowledge of the fashion district allows us to identify properties with potential for luxury brand partnerships or high-end commercial conversions. The Louis Vuitton restaurant exemplifies how historic palazzos can be reimagined for contemporary luxury experiences while maintaining their architectural integrity.

Whether you’re seeking a Tuscan estate with culinary potential or a Milan property in proximity to luxury retail and dining experiences, Columbus International’s boutique approach ensures personalized guidance through every aspect of acquisition, restoration, and potential commercial partnerships.

As these two distinctive developments demonstrate, the intersection of historic properties and exceptional dining creates a uniquely compelling value proposition in luxury real estate—an area where Columbus International continues to lead with unparalleled expertise and vision.