With movie and television production surging and soundstages at a premium in Los Angeles County, NBCUniversal will build eight new stages as part of a major development to boost production at its famed Universal Studios lot, Vincent writes. The region’s median sales price has soared to an all-time high, but the ultra-luxury market has been a bit quieter than usual, with no sales north of $100 million. The mammoth deal is the cherry on top of this year’s record-setting real estate market in Southern California. Forbes pegged Andreesen’s net worth at $1.6 billion at the close of market trading last Friday. He bought the seven-acre property for $41 million from late film producer Jerry Weintraub in 2013 and had been quietly shopping it around for $218 million.Īndreessen is an investor and software engineer who co-founded the Silicon Valley venture capital firm Andreessen Horowitz in 2009 and co-created Mosaic, one of the first web browsers. Records show the seller was Serge Azria, a fashion mogul behind clothing lines such as Joie and Equipment. It’s the most ever paid for a home in California, shattering the previous record set by Jeff Bezos last year. In a historic deal, billionaire venture capitalist Marc Andreessen has paid $177 million for a sprawling estate in Malibu. The real estate giant took a bath on its recent venture into buying and immediately reselling homes, so housing reporter Andrew Khouri took a look at the latest phenomenon of instant buying, or “ibuying.” Like many Angelenos, she left the city for rural Colorado during the pandemic and isn’t looking back.Īnd in even-less-expensive-but-still-kind-of-expensive news, Los Angeles County’s median sale price hit an all-time high of $795,000 in September, so The Times whipped up a list of houses that number buys in six very different areas.Īs buyers continue to fight for the few good deals on the market, one company is getting out of the game: Zillow. In less-expensive-but-still-expensive news, Oscar-winning actress Hilary Swank listed her longtime home in Pacific Palisades for sale at $10.5 million. Here are some things off the top of my head that Andreessen could’ve bought with $177 million instead: 354,000 Playstation 5 consoles, any of the 700 private islands listed for sale online, or Solandge, a 279-foot-long super yacht complete with a decked-out spa, grand piano, nightclub, swimming pool and eight VIP suites.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |