Mansion Global Daily: Mark Twain’s retirement home hits market, two towers of popular Hong Kong development head for wrecking ball, and more

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Mark Twain’s estate in Connecticut for $ 4.2 million

The father of American literature built the property in 1908 and lived there his later years. Read more

BY THE NUMBERS


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LIST OF THE DAY


A rare full-service condo in the heart of Boston’s cobbled Beacon Hill neighborhood

The three bedroom unit is part of the Archer Residences, which have 57 unique floor plans. Read more

TALK TAX


How will the American Rescue Plan Act housing assistance work in Illinois?

Applications for help with property taxes, homeowners association fees and other payments will likely not be available until the fall. Read more

NEW BITES

Developer plans for Lavish Palm Beach Island Estate

Luxury home developer Todd Michael Glaser paid $ 85 million for an entire island in Palm Beach. Mr. Glaser plans to expand and renovate an existing 12,321 square foot estate on 2.3 acre Tarpon Island that was built in 1930. “It hasn’t been accessible to anyone,” Mr. Glaser. “This is a home for Jeff Bezos, Bill Gates, Mark Zuckerberg. This is a once in a lifetime opportunity to be in Palm Beach on your own private island.” The real deal

The second most expensive house sold in Melbourne, Australia is an A $ 40.5 million mansion

A historic mansion in Melbourne, Australia, owned by the country’s former postal service boss, has been sold for A $ 40.5 million (US $ 55.7 million), making it the second residential property the most expensive to ever change hands in the city. Known as Invergowrie, the property spans 2.7 acres and includes a five-bedroom main house, a separate three-bedroom house, a two-bedroom cottage, and a tennis court. Domain

Two towers of popular Hong Kong development head for wrecking ball

A major Hong Kong developer plans to demolish two towers of a popular residential complex after discovering flaws in the construction. This is an incredible setback for New World Development Co. and its Pavilla Farm III project, which had been so in demand that at one point 88 buyers competed for a single apartment. The developer, who plans to compensate buyers, made the decision after noting that parts of the concrete were not up to par. It will delay the occupancy date by nine months, according to the developer. Bloomberg

Manhattan’s “Waterfall Mansion” wins $ 34 million

A well-known townhouse on the Upper East Side of Manhattan known as the “Waterfall Mansion” has been on the market for $ 34 million. The beige brick house was built in 1899 and was the former home of textile designers Leslie and DD Tillett. In 2008, it was transformed into a gallery space by architect Toshiko Mori and real estate developer Kate Shin. There are now six bedrooms, a 1,000-bottle wine cellar in the basement, rooftop gardens and, of course, the magnificent 23-foot-tall indoor waterfall that gave the house its name. Beautiful House

AROUND NEWS CORP

Backyard greenhouses grow at homeowners [The Wall Street Journal]

Mortgage applications are stuck at May 2020 levels. Here’s why. [Barron’s]

Michael Douglas and Catherine Zeta-Jones announce Central Park West Mansion for $ 21.5 million [New York Post]

Savage 1980s time capsule with 3-tier chandelier asking for $ 15 million [realtor.com]


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