What are the key drivers of wealth creation among top 5% of African-Americans

Wealth patterns among the top 5% of African-Americans. The top 5% of African-Americans invest a greater proportion of their wealth in lower- volatility assets relative to a white comparison group, including insurance, savings bonds and CDs, according to Credit Suisse‘s latest study “Wealth patterns among the top 5% of African- Americans.” The study also shows … Read more

A new luxury hotel proposed for 2022 FIFA World Cup in Qatar to be located 1 1/2 kilometer off shore near Doha

The Silver Pearl Hotel, Doha, Qatar is the newest world-class hotel and conference/expo center proposed for the upcoming 2022 FIFA World Cup in Qatar. The Silver Pearl Hotel calls for a 1000 plus room luxury property to be located 1 1/2 kilometer off shore near Doha. The name of the hotel refers to a structure … Read more

The priciest listing in the pricey Hamptons

East Hampton estate listed for $140 million. Often called one of the most beautiful properties in the Hamptons, the 11.2-acre Briar Patch is now on the market for $140 million. Currently owned by Christopher Whittle, famed publisher and founder of The Avenues World School, and his wife Priscilla Ratazzi, fashion photographer and author, the home … Read more

Farshid Moussavi: ‘We are in a world where ideas migrate’

The in-demand architect behind projects ranging from Parisian housing to Victoria Beckham’s Mayfair store talks about fashion, function and the power of physical space in a virtual world

Top ten global retail rents. Luxury retailers are in the sweet spot

Luxury Retailers are thriving throughout top global markets, according to Colliers International‘s latest global retail report. Among the top 10 global retail rents for the year (per square foot in USD), New York’s Fifth Avenue is the pinnacle, with NYC’s Madison Avenue also on the list, while Hong Kong holds three spots. The list is … Read more

Thomas Heatherwick plans $170m hovering miracle island for New York

The designer has dreamed up a Disneyfied island on stilts that boasts woodland, performance spaces and places to ‘wander and wonder’. But is this fairytale of urban planning too good to be true?