Latest news with #CorcoranGroup
Yahoo
30-05-2025
- Business
- Yahoo
‘Timing Is Everything': 6 Lessons To Take From Barbara Corcoran
Barbara Corocoran was not always wealthy. In fact, as she revealed in a Youtube video, she did not become a millionaire until the age of 46. It took Corcoran years to turn $1,000 into a $66 million empire, which is the most she has made due to her selling business, the Corcoran group. For You: Read Next: For Corcoran, it all came down to timing, as well as a few other factors that turned her into a millionaire. Here are top lessons from Corcoran that you can use not just in business, but in everyday scenarios, interactions and relationships. As an up and coming real estate agent, Corocoran knew when to keep her mouth shut and listen to what her clients were saying, as well as what they were not saying. If you are in business, you have to read between the lines of what buyers say they want to find out what they really desire. Discover Next: Cororan recalled that at one point in her career, she almost sold the Corcoran Group for $2 million instead of $66 million. She turned down the offer, waited two years for a price that suited her liking, then made the historic deal that crowned her one of the biggest entrepreneurs in New York City, noting that 'timing is everything.' There's smart business investments to put your money behind, however, Corcoran viewed investing in people as a better strategy to expand wealth. If you can trust people to make money with you, then you have friends and business partners who only lift you and your portfolio up higher. When it comes to entrepreneurs that Corcoran wants to financially back, she pointed out that what usually seals the deal is the person's ability to get knocked down, then get back up. This could be a trait that one learns over time, though Corcoran's gut tells her when someone with a vision is born with a thick skin. Corcoran pointed out that over the course of her career, she has lost money, but that does not keep her up at night. It all comes down to when you have money and what you do with it, which Corcoran recommends living life to fullest if you are not investing toward your financial future. In business and in life, it's important to always bet on yourself, Corcoran said. To her, this meant standing up and proving herself even when huge figures in business doubted her ability to deliver a sale or make a name for herself. 'You have to stand up for yourself,' Corcoran explained. 'The minute you have doubt, you should use it for motivation and push ahead.' More From GOBankingRates 4 Housing Markets That Have Plummeted in Value Over the Past 5 Years 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth This article originally appeared on 'Timing Is Everything': 6 Lessons To Take From Barbara Corcoran Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
New York Times
20-05-2025
- Entertainment
- New York Times
The Interior Designer Amy Lau's Apartment Is Listed for $1.6 Millon
The interior designer Amy Lau's Manhattan apartment, which she meticulously renovated and continued working on months before her death, is being sold by her estate. The asking price for the home, a one-bedroom co-op on the fifth floor of Alwyn Court, an ornate prewar building at 180 West 58th Street, at Seventh Avenue, is $1.6 million, according to the listing agents, Emma Lester and Amanda Kahn of the Corcoran Group. Monthly maintenance is $2,104. Ms. Lau died of cancer in January at the age of 56. She was a founder of the annual Design Miami fair, which ran in conjunction with Art Basel Miami Beach, and had a string of high-profile clients, including the fashion designer Elie Tahari and the media executive and Seagram heir Edgar Bronfman Jr. Her book, 'Expressive Modern: The Interiors of Amy Lau,' published in 2011, showcased some of Ms. Lau's interiors and the pieces she used in her work. She bought the Midtown West apartment in April 2018 through an estate sale, paying $980,000, and moved in nearly a year and a half later. It was the first home purchase for Ms. Lau, a longtime renter, according to Sharon Bray, the business manager of Amy Lau Design, the firm Ms. Lau founded in 2001. Ms. Bray described the apartment as 'her sanctuary.' She 'loved every piece she collected and curated in the space,' Ms. Bray said. The 1,010-square-foot unit underwent a top-to-bottom renovation and restyling that lasted several years. When Ms. Lau bought the place, it hadn't been updated since the 1980s and most of the original prewar details had already been stripped away. 'She put her own stamp on it,' said Ms. Lester, the listing agent, 'and she put so much thought into every single detail. You can tell she poured her heart into it.' Ms. Lau, known for the bold use of colors and textures in her interiors, designed the wallpaper for the foyer and bedroom and filled the apartment with vintage and contemporary pieces from admired artisans. These included a swirling Mozambique wood fireplace surround and black walnut cocktail table by the sculptor and woodworker Michael Coffey; a custom patchwork rug by the Texas-based company Kyle Bunting; and a bespoke armchair by the designer Vladimir Kagan. She was particularly proud of the antique Jugendstil entry chandelier of brass and Loetz glass, Ms. Bray said in an email, 'which set the look of the entire apartment.' (Some of the furnishings and décor, Ms. Lester said, will be available separately for sale, the chandelier included.) Throughout the apartment are 10-foot-high ceilings and chevron-patterned oak flooring with a walnut inlay. Ms. Lau added custom lighting and installed plaster ceiling medallions in each room. The home is entered through a spacious foyer, which was also used as a dining area. The space includes a large coat closet and is adorned with handcrafted, pastel watercolor wallpaper with gold metallic flecks. Nearby is a Bulthaup-designed kitchen featuring marble countertops and walls, laminate cabinets and Gaggenau appliances. The bathroom is also clad in marble. Both rooms have brass fixtures. Past the foyer is a spacious living room. Built-in shelving flanks a ventless fireplace with the Coffey sculptural surround, which also houses a hidden television. 'The living room, where she spent time with friends, was her favorite space,' Ms. Bray said. 'The bedroom was also a special space to Amy.' The oversize bedroom, wrapped in wallpaper inspired by the abstract artist Alma Thomas, is reachable from a small hallway near the bathroom as well as from the living room. There are ornamental balconies off both rooms. 'It has this very Old World feeling,' Ms. Lester said. Alwyn Court was built in the early 1900s in a French Renaissance style and clad with elaborate terra-cotta ornamentation. The 12-story building is near Central Park and Carnegie Hall.
Yahoo
14-05-2025
- Business
- Yahoo
Beach home brings $48.5M in Palm Beach. It last sold for $16M before the pandemic boom.
A direct-beachfront estate on the far North End of Palm Beach has sold for $48.5 million — or about $32.55 million more than it sold for six years ago, before the coronavirus pandemic arrived and helped launch a real estate boom that sent property values through the ozone layer. The estate at 1519 N. Ocean Way is ripe for renovation or replacement, according to the Corcoran Group's sales listing. The new owner is Kelly J. Roberts of Laguna Beach, California, the deed recorded May 14 shows. Married to Duane Roberts, she bought the estate as trustee of a community property trust in both their names. When two limited liability companies bought the property in May 2019, the entities were linked in public records to financier Edward A. Mule and Marian Mule of Greenwich, Connecticut. Their two companies paid a recorded $15.95 million for the bulk of the property and $936,571 for a side yard, property records show. Edward Mulé co-founded and is CEO and chief executive officer, co-founder of Silver Point Capital LP, a Greenwich-based hedge fund. The company has additional offices in Chicago; London; Stamford, Connecticut; and Charlotte, North Carolina. The sale was first reported by the Wall Street Journal on May 14, the day the transaction closed. Real estate attorney Maura Ziska signed the deed to sell both of the estate's parcels. She acted as the 'authorized signatory' of the two selling entities — 1519 N. Ocean Way #1 LLC and 1519 N. Ocean Way #2 LLC, both registered in Delaware. The buyers are 'food service and real-estate entrepreneurs' who plan to 'reconfigure and renovate' the house, the Journal reported. The Journal identified the Robertses as billionaires, but they are not listed in the 2025 Forbes list of the the world's billionaires. Duane Roberts is 'widely credited with inventing the frozen burrito in the 1950s,' the Journal article said. His wife 'heads the company he founded, Entrepreneural Corporate Group,' according to the Journal. Facing about 90 feet of beachfront, the Palm Beach estate includes a federally protected dune parcel that brings the total land measurement to about 1.8 acres when measuring from the street to the high-water line, according to the Corcoran Group's sales listing. The estate is the eighth seaside property south of the inlet at the northern tip of the island. Completed in 1936, the 10-bedroom Mediterranean-style residence has 12,928 square feet of living space, inside and on its wrap-around covered lanais and roofed balconies, according to the sales listing. The floorplan is roughly T-shaped to make the most of the narrow lot. Corcoran agents Dana Koch and Paulette Koch held the listing, which entered the market in mid-February with an asking price of $54.9 million. The price never wavered. Agent Tom Shaw of Sotheby's International Realty represented the buyer, the MLS shows. The sales listing described the two-story house as a 'captivating' European style villa. But the listing also said the buyer could 'renovate or build new on this rare waterfront property,' which was described as facing 'the widest and most private beach on the island.' Interior photos show detailed crown moldings; wood and stone floors; and a master suite with a tray ceiling and wide views of the sea. Other features include a winding staircase, a poolside dining room and an expansive living room with glass doors leading to the colonnaded lanai. The original architect is unknown, and the style of its architecture has been substantially changed since it was built, according to town records. Records in the MLS show that the house has been marketed for lease since it last changed hands in 2019. Although Palm Beach property values are no longer escalating at the rapid pace that accompanied the pandemic-sparked real estate boom, prices are still far higher than they were before the health crisis arrived in the spring of 2020. * This is a developing story. Check back for any updates. Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly 'Beyond the Hedges' column. He welcomes tips about real estate news on the island. Email dhofheinz@ This article originally appeared on Palm Beach Daily News: Palm Beach ocean estate fetches $48.5M after selling for $16M in 2019
New York Post
13-05-2025
- Business
- New York Post
‘Shark Tank' star Barbara Corcoran found a buyer for her NYC penthouse in just 1 day: ‘I never thought I would ever leave'
Barbara Corcoran's Fifth Avenue penthouse didn't just find a buyer — it practically sold itself. The real estate mogul and 'Shark Tank' investor listed her longtime Manhattan duplex for $12 million late last week — and within 24 hours, the Central Park-facing aerie was snapped up in a bidding war that pushed the price over ask. Corcoran, the founder of the Corcoran Group, received multiple offers on the apartment, which is located atop a prewar building at Fifth Avenue and 97th Street, according to the latest Olshan Report. Advertisement However, the final price to be paid for the unit — as well as the identity of its new owner — will not be known until the deal closes. 13 Barbara Corcoran's Fifth Avenue penthouse found a buyer within a day of hitting the market — a rare feat even in Manhattan's booming luxury sector. Melanie Greene of Greenhouse NYC 13 Listed for $12 million, the duplex drew multiple bids, ultimately going into contract in under 24 hours, according to the Olshan Report. Melanie Greene of Greenhouse NYC Advertisement 13 Corcoran, the founder of the Corcoran Group and a longtime 'Shark Tank' investor, had transformed the apartment, gut-renovating it over the years. Melanie Greene of Greenhouse NYC The flurry of interest helped drive the sale price above ask, one of 36 luxury contracts signed in Manhattan last week at $4 million or more. Corcoran first encountered the home in the early 1990s while working a side gig as a messenger to make ends meet. 13 The penthouse occupies 4,600 square feet. Melanie Greene of Greenhouse NYC Advertisement 13 The home boasts a chef's kitchen, a rooftop dining solarium and lush terrace gardens. Melanie Greene of Greenhouse NYC 13 The home, which she first fell in love with in 1992 while working a side job as a messenger, became a personal passion project — and a social hub. Disney via Getty Images 'I thought, my God, I've never seen anything as beautiful in my life,' she recalled to the New York Times in an interview. More than two decades later, in 2015, she purchased the penthouse for $10 million and embarked on a full gut renovation, flipping the unit's floor plan, installing a chef's kitchen and transforming a greenhouse into an indoor/outdoor dining room. Advertisement 'You can control the space, but you can't control the spot,' she said. Though the $12 million listing price was below her total investment, Corcoran saw it as a fair number. 13 Though the asking price was lower than what she invested into the unit, Corcoran said she priced it fairly and let the market decide. Melanie Greene of Greenhouse NYC 13 The formal living space. Melanie Greene of Greenhouse NYC 13 A second-level hallway. Melanie Greene of Greenhouse NYC 'I never thought I would ever leave,' she said. 'It's easy to spend money when you're building a lifelong dream. For me, real estate is emotional.' The 4,600-square-foot penthouse features five bedrooms, five baths, two half baths, a rooftop terrace overflowing with plants and a curved staircase — one of the few original design elements left. 'She's a real estate genius and the way she has designed this home represents her genius,' said Scott Stewart, a Corcoran broker who co-listed the unit alongside Carrie Chiang. Advertisement 13 A sitting room features built-in bookshelves and a woodburning fireplace. Melanie Greene of Greenhouse NYC 13 One of five bedrooms. Melanie Greene of Greenhouse NYC 13 A second bedroom. Melanie Greene of Greenhouse NYC 13 An outdoor seating space with dazzling Central Park views. Melanie Greene of Greenhouse NYC Advertisement 'The apartment is laid out like a multilevel jewel box.' Corcoran is relocating to a nearby one-story apartment in the same Carnegie Hill neighborhood, found with the help of Chiang. After a brief bidding war on another unit she lost out on, she made an immediate offer on her new home. 'It's always about money, honey,' she quipped.
Yahoo
08-05-2025
- Business
- Yahoo
Listed at $9.2 million, a 1950s Palm Beach house underwent a down-to-the-studs renovation
In 2003, when Scott and Marisa Vesley were engaged, they chose to buy a house at 225 Jamaica Lane on Palm Beach's North End. 'We purchased it from (the late) Richard (Cromie) and Margaret Cromie when they moved to North Carolina. He was the pastor of Royal Poinciana Chapel,' Marisa says, before her husband picks up the story about the house. 'And then, we completely rebuilt it,' Scott adds. 'We jackhammered the floors, put in new electrical and plumbing, HVAC, everything. It was basically a new house. We just kept the exterior walls.' The house had attracted them because they wanted to reside in the North End, where Marisa had previously lived, she explains: 'I was already in love with that area, and coming from Chicago, Scott fell in love with it, too.' On a lot of about a quarter acre, the house is the fifth one from the ocean on the second street north of the Palm Beach Country Club. The Bermuda-style house itself, Marisa recalls, was built in the early 1950s and lacked a pool. 'It only had two bedrooms with a shared bathroom plus an office, so when we took everything down to the studs and started over, we reconfigured the floor plan to include ensuite bathrooms for the two bedrooms,' she says. 'And the following year, we put in the pool and added the 1,000-square-foot primary suite as a separate sanctuary from rest of the house.' The result is that the overall layout 'now flows beautifully,' Marisa says. 'We've enjoyed entertaining family and friends.' But the Vesleys are ready for a change, and although they plan to stay in the area, they've decided to sell. 'I want to build a new home plus I want a lap pool with a spa — and I want a gym,' Scott says. Marisa says her husband has a keen design sense and understood what the house on Jamaica Lane needed from the get-go. 'He's very talented. He built his homes in Chicago, and he redid this one. He's excellent at design,' Marisa says. The Velseys have listed the four-bedroom, five-bathroom house — with 3,931 total square feet of living space, inside and out — through Corcoran Group agent J. Richard Allison II. It's priced at $9.2 million. A deep-pink front door opens into the foyer, which is flanked by the living room and an office. The office has a bathroom, so it could be repurposed to serve as a guest-bedroom suite. Foot traffic flows from the living room to the family room and a dining area, which accesses the pool-view covered lanai and the adjacent summer kitchen equipped with an Alfresco grill and rotisserie. The dining area is open to the kitchen with a breakfast space that the Vesleys use as a sitting room. This side of the house is also home to a cabana bath for the pool, a laundry room and a one-car garage. On the east side of the family room, a hallway accesses two guest bedroom suites and the primary suite. The latter includes a walk-in closet-and-dressing room finished in zebra wood along with a bathroom equipped with a steam shower. During their overhaul of the house, the Vesleys completely renovated the kitchen, which features a work island. 'All the built-in cabinetry is custom by our millworker in Chicago and (was) brought here,' Marisa says. 'He had done the millwork for my husband's home in Chicago.' In 2022, they refreshed the kitchen, 'I wanted to rework the layout a little, and we added new appliances and Walker Zanger Alhambra limestone countertops and backsplashes,' Scott says. Other recent improvements include the addition of a new tankless hot-water system and the replacement of the roof in 2023. They also replaced two of the three air-conditioning units this year. Interior details include French limestone floors; plantation shutters at the windows; tray ceilings in the living room, family room and main bedroom; and hand-blown Seguso glass fixtures from Venice. The family room features built-in cabinetry, and there's a projection/theater system in the main bedroom. The office suite has custom-designed wine storage for 300 bottles. Outside, the Vesleys' original renovations included new stucco for the walls, accented by wood details. They removed a circular driveway and installed a tabby one in front of the garage. They also enclosed the front yard within hedges and added tabby walkways. 'My husband installed Cashmere Zoysia grass, so we have beautiful green lawns, and I like to garden, so he had built two raised beds for me on the east side of the property where I can grow fruits and vegetables,' Marisa says. Although the Vesleys are excited about building a new home, they will always recall this residence's charms, she says. 'I will miss this house and the beauty and tranquility of the North End, with the proximity to town, the large beach (nearby) and the Lake Trail at the end of our street.' Scott adds: 'It's been a great house for entertaining. It's light filled, fun and a great party house.' He has also appreciated the house's smart-home technology 'with audio, visual, thermostats all controlled by an iPhone.' But he's ready to move on. 'I need a new project — I'm bored,' he says with a smile in his voice. To see more photos of 225 Jamaica Lane in Palm Beach, click on the photo gallery near the top of this page. For more than 20 years, Christine Davis has written about Palm Beach real estate in the "On the Market" feature in the Palm Beach Daily News. This article originally appeared on Palm Beach Daily News: Extensively renovated 1950s house lists at $9.2M in Palm Beach
