Bob Hurwitz Currently Has Over $65,000,000 In Escrow

Even during the “Slowest” time of the year, Bob Hurwitz has managed to put over $65,000,000 in Escrow. Including mansions & estates in Santa Monica, Brentwood, & Bradbury, Ca. Just another reason why the most affluent sellers list their properties with Hurwitz James Company.

131-1

Travel Channel Interviews Bob Hurwitz for new “Extreme Vacation Homes” Show

travel channel extreme vacation homesIf you thought Travel Channel outdid themselves with the shows “Extreme Houseboats,” “Extreme Resorts” and “Extreme Mind-Blowing Hotels,” just wait until you see the upcoming episode on “Extreme Vacation Homes.”

In this special “Extreme” episode, Travel Channel will be giving viewers an exclusive look into some of the world’s most exotic and luxurious vacation homes. Of course, they couldn’t do this without consulting an authority in extreme luxury living, which is why they called on Bob Hurwitz, president of Hurwitz James Company. Even better, Travel Channel chose to interview Bob in his own natural habitat – his luxury beach house in Marina Del Rey, California!

See the sneak preview video of Travel Channel’s interview with Bob Hurwitz at is California retreat during which he discusses luxury real estate on the Hurwitz James Company Facebook page. Then, be sure to tune in when the new “Extreme Vacation Homes” episode premiers on Travel Channel.

 bob hurwitz

How to Stay Current in the Luxury Real Estate Market

Investors and high-end homebuyers can rely on Unique Homes and Hurwitz James Company as go-to resources for information on luxury real estate listings worldwide.

Reaching over 80 countries, the Unique Homes print and digital magazine has become an authoritative source for informative luxury real estate articles and stunning photography of the world’s most impressive properties. The Unique Homes site, which allows you to easily search listings, is also one of the most-visited luxury home websites in the industry.

Since starting in 1987, the Hurwitz James Company name has become associated with some of the world’s most prestigious neighborhoods and properties. Founder and president of Hurwitz James Company, Bob Hurwitz specializes in multimillion dollar estates and luxury residential developments and is the sole Realtor for the marketing and sales of the exclusive residential island known as the Ocean Reef Islands development.

By following Hurwitz James Company you can not only see our latest listings, but you can also stay in the know with current activity and trends in the global luxury real estate market. Here at Hurwitz James, we pride ourselves on providing a rich mix of lifestyle, listing and market information through all three of our social media platforms. But we want to hear from you, too! Join the luxury real estate discussion by following and commenting on the Hurwitz James Company blog, Facebook and Twitter.

Google’s New Venice Beach Headquarters Expected to Spark Local Real Estate & Business

While our last article sited some of the small signs of a healing housing market, one California community has extra reason to be hopeful of a stronger local real estate market. As of November of 2011, Google has firmed its roots in Venice Beach with the leasing of more than 100,000 square feet in three buildings on Main Street. Part of the new Google office is also being housed in world-renowned architect Frank Gehry’s iconic Binoculars Building.

According to an article from The Hollywood Reporter, “While Google’s relocation is expected to lead at least some employees to purchase property in Venice, perhaps more importantly, brokers and others say that the company’s choice of location there is spurring others to consider the beachside community.” It is clear that the effects go beyond the fact that Google chooses locations for its offices in areas that have room to grow.

As associate economist for the Los Angeles County Economic Development Corp Kimberly Ritter-Martinez told The Hollywood Reporter, it’s the clustering effect. The area is consequently more appealing to like-minded companies and individuals. Big names that have hence purchased buildings in the same area include ad agency Zambezi Ink, actor-director Jon Favreau, Robert Downey Jr., and co-founder of Luma Pictures Payam Shohadai.

 

 

 Photo by Majunznk

Picasso Painting Sells for $23 Million Setting Record

A luxury home isn’t complete without a one of a kind piece of fine art. But one fine art collector believed his home wasn’t complete until it dawned an original Picasso painting valued at $23 million. The unnamed collector purchased the 1967 Picasso work featuring a naked man playing a recorder for his nude lover in November 2011 for $23 million, setting a record.

According to the premier issue of luxury lifestyle magazine Bloomberg Pursuits, the world’s biggest fine art dealers will be uniting for the fourth in a series of Picasso exhibitions at Larry Gagosian’s galleries in New York and London. The expectations for the next event to take place on April 30 are very high. The first three events attracted a total of 260,000 visitors for about 300 artworks. These events with the participation of Picasso’s heirs and noted Picasso biographer John Richardson elevated by the unrivaled marketing strategies of Larry Gagosian have made Picasso the best-selling artist of the past decade.

Read more about the upcoming exhibition and fine art marketer Larry Gagosian in the Bloomberg article online. Property investors and fine art collectors might be interested to learn about Hurwitz James Company’s newest listing, The Bradbury Estate, which boasts several Venetian plaster masterpieces and domes with hand-painted frescos. Interested buyers can schedule a showing by calling 888-681-5902.

Bob Hurwitz Shows Brentwood Villa on Recent Episode of LX.TV Open House

Every week on NBC with host Sara Gore, Open House showcases the top real estate and design trends from the experts who know them best. And this past weekend, the show brought viewers to the Celebrity Villa in Brentwood, California for an exclusive behind-the-scenes tour with Bob Hurwitz, President of Hurwitz James Company. This special episode brings you into the luxurious lifestyle of football superstar Michael Strahan and model Nicole Murphy, former owners of the Brentwood Villa. From the exquisite custom finishes to the magnificent master suite bath, you get to see it all first-hand. In case you missed it, watch the “Square Feet: Inside Michael Strahan’s Estate” video segment online on the NBC website.

Currently listed at $6.95 million, the 6-bedroom Celebrity Villa offers stunning Mediterranean style architecture and extraordinary amenities including a chef’s kitchen, home theater, elevator and sweeping backyard with pool and spa. To see and read more about the property, visit the listing on the Hurwitz James Company website. Interested buyers can schedule a private showing with Bob Hurwitz by calling the Hurwitz James Company in Beverly Hills at 888-681-5902.

102

Top image via nbcnewyork.com
Bottom image via Hurwitz

Bloomberg Pursuits: New Luxury Lifestyle Magazine

We came across an article in The Editor at Large announcing a new print magazine designed for the “Global Financial Elite,” which we thought our real estate investing clients might be interested in. Bloomberg will soon be launching the Bloomberg Pursuits, a magazine that will be available on newsstands and distributed worldwide to financial professionals using Bloomberg Terminal. According to the Editor at Large article, the average reader profile is predicted to be a 38-year-old male with an average income of $452k, in other words influential business leaders and market-movers with discerning tastes. Here’s a little sample of what readers can expect.

Bloomberg Pursuits will cover the world, including fashion in Asia, Brazil and Europe, adventures in Patagonia, jewelry in London, exotic cars in New York City, resorts in Laos, and more. Editorial content includes: Product Reviews, Destinations, Advice, Real Estate & Design, Fashion, Watches and more.

To read more about the new luxury lifestyle magazine set to launch soon by Bloomberg, visit the The Editor at Large article online.

Photo by Scott Frances via The Editor at Large

Jean Pigozzi Recently Hosted Private Celebrity Yacht Party in Panama

Screen Shot 2014-07-09 at 3.46.49 PM

We just heard about a high-profile party that took place in Panama recently. Jean Pigozzi, a well-known Italian businessman and art collector among other things, hosted the party at his Panama home. Pigozzi is widely famous for his private Contemporary African Art Collection but has lead several entrepreneurial successes including the Liquid Jungle Lab, an island in Punta Pacific devoted towards technologically advanced research of marine and terrestrial sciences as a part of conservation efforts. Pigozzi’s Panama home is one of five; the others are located in New York, London, Paris and Cap d’Antibes.

According to an article from Panama America, a handful of big-name celebrities flew into Panama specifically to attend Pigozzi’s party. The Hollywood personalities that made the guest list were Angelina Jolie, Catherine Zeta-Jones, Michael Douglas and Roman Abramovich. The guests were flown via helicopters to Pigozzi’s private yacht where they were then taken to an island in the Gulf of Chiriqui Pixbae. The private party included fishing and fine dining catered by five star chefs from the famous Ciudad de David, a luxury hotel in Panama.

Screen Shot 2014-07-09 at 3.47.49 PM

 

Of course, we were not too surprised by the chosen location for this private, high-profile get together. After all, Panama was named the No. 1 place to go in 2012 by The New York Times.

For those considering investing in real estate in Panama, learn more about Panama City’s newest and most luxurious residential development, Ocean Reef Islands by contacting Hurwitz James Company at 888-681-5902.

Source: Panama America
Top photo via Cdorobek
Bottom photo via Roger Wollstadt

Panama is No.1 Place to Go in 2012 by The New York Times

The New York Times recently published an article in the travel section listing the 45 top places to travel to in 2012. Out of 45 destinations, Panama came in first! As the Times put it, when you go to Panama, “Go for the Canal. Stay for everything else.” With the same currency and the soon-to-be expanded canal, Panama is becoming even easier to travel to. The thriving economy has led to an influx of first-time Latin America developments by Waldorf, Trump and Frank Gehry. Of course, the Times does not forget to mention the endless opportunities for outdoor Caribbean recreation and night life entertainment.

As the article reveals, it is for these reasons and even more that Americans have recently realized the true value of Panama real estate and have hence been investing rapidly. If you are looking to own property in the world’s top destination in 2012, consider Panama City’s newest and most luxurious residential development, Ocean Reef Islands. To learn more about Ocean Reef Islands custom-designed villas and single family homes, please contact Bob Hurwitz at 888-681-5902.

 

Source: The New York Times
Top photo via DoctorWho
Bottom photo via www.oceanreefislands.com

What are the Most Luxurious Gifts of 2011?

A recent article we came across in International Business Times suggests some this year’s most luxurious gifts.

  • Michael Cluizel’s Chocolate Set:  This $895 box of candy contains 400 pieces of handmade chocolates.
  • Dom. Romaine Conti Wine: French red burgundy wine at $1,540 per bottle.
  • Steiff Gold Teddy Bear: This stuffed bear is made of solid gold and the finest fur from gold with sapphires and diamonds for eyes. It costs $84,000 to cuddle this teddy bear.
  • Goldstriker iPhone 3Gs Supreme: Not your ordinary iPhone as its encrusted with more than 200 diamonds included a single 7.1 carat diamond and 22 carat pure gold. This sparkly gadget is priced at $3.2 million.

  • Halcyon Dream Card: This gift card gives complete access to Halcyon’s charter flights with personal concierge, premium services and the best accommodations that money can buy. The world’s most expensive gift card costs a jaw-dropping $5 million!

 

Tell us in a comment what you think the most luxurious gift of 2011 might be.

 

Source: International Business Times
Top Photo via TrendHunter

The Razor Residence will be Auctioned Tomorrow!

Tomorrow – Thursday, November 10, 2011 – is the day! The Razor Residence will be auctioned tomorrow morning at 11am! The suspense is unbearable, and we cannot wait to see who will become the fortuitous new owner of the most architecturally unique home in the world. We’re imagining the suspense will be quite intense tomorrow as bidders will be vying for the chance to wake up every morning to the most stunning views in all of California in a the one-of-kind architectural masterpiece designed by world-renowned architect Wallace E. Cunningham.

To those qualified bidders who will be attending the auction tomorrow, please remember to bring a Cashier’s Check in the amount of $500,000 made out to themselves or to Leslie Gladstone, Trustee in order to participate. The auction will be an oral bid conducted by the Trustee, and the bidding will begin at US $13,900,000. The property will be sold free and clear liens, unfinished and as is.  The successful bidder will sign a non-contingency purchase agreement, and the sale will be subject to a lender’s approval. Happy Bidding!

For additional information or questions please contact Hurwitz James Company at 888-681-5902.

 

Photos via Hurwitz James Company

UPDATE: New Terms for the Razor Residence Auction Nov. 10

The terms for the auction of the world-famous Razor Residence, designed by renowned architect Wallace E. Cunningham, have been changed. Interested bidders are no longer required to wire in $500K to the trustee one week prior to the auction. Instead, bidders are now allowed to show proof of funds to close the sale two days prior to the auction! This change is to encourage interested parties to seal the deal before the auction in order to get the best price possible.

Auction Details

Who: For qualified bidders only (to participate, bidders or their authorized representatives must bring a Cashier’s Check in the amount of $500,000 made out to themselves or to Leslie Gladstone, Trustee)

What: The auction will be an oral bid

When: 11AM PDT on Thursday, November 10, 2011

Where: The office of the attorney for the Trustee: Jeff Davis of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. at 3580 Carmel Mountain Road, Suite 300 in San Diego, California

How: The auction will be conducted by the Trustee; the bidding will begin at US$13,900,000, and bids are required to be in US dollars and in cash

Parties interested in potentially purchasing the property prior to the auction should contact Bob Hurwitz to schedule an appointment right away at 888-681-5902.

Q & A from the Ocean Home Magazine Interview with Bob Hurwitz

Unknown

Get a behind the scenes look at the Ocean Home Magazine interview with Bob Hurwitz in the Question and Answer piece that was just released on the Ocean Home website on on October 11, 2011. Bob Hurwitz gives readers the real scoop on the Ocean Reef Islands project by answering questions from how Hurwitz James Company was chosen as the real estate company for ORI to whether Bob had any doubts about the project’s success.

“At the end, when the islands are completed, this will not only be a project for Panamanians or Latin-Americans; but a project for the entire world.”

Of course, the amenities are always what inquiring minds want to know about the first ever man-made luxury island complex. Bob assures readers in the Q & A that the “Residential Marina” at Ocean Reef Island is truly a yacht owner’s paradise with 24-hour access and more than 200 slips that accommodate vessels from 40 to 250 feet in length.

To give readers a real idea of what ORI residents will get to enjoy on a regular basis, Bob describes his own experience and how he went freediving, world class fishing, hiking and exploring around the lush islands all in just 3 days!

There are countless deserted white sand beaches, protected coves and bays, and ecological paradise of lush jungles and remarkable wildlife.

 

 

 

 

Bob Hurwitz: From Luxury Real Estate to Freedive Spearfishing

He may have $4 billion in property listings in seven different countries, but that doesn’t stop Bob Hurwitz from occasionally shedding his business veneer to pursue a more primitive way of life. As he recently told Unique Homes reporter Ken Weingartner, the founder and president of Hurwitz James Company, Bob Hurwitz takes every opportunity he can to enjoy his favorite pastime, freedive spearfishing. Fortunately, he is able to find multiple opportunities as many of his multimillion dollar estate listings take him to the exotic waters of Costa Rica, Bora Bora, Fiji and Thailand.

Leaving scuba tanks behind as a teenager, Bob freedives 80 feet into the ocean in a single breath to see what he can catch for dinner with his slightly modern version of a bow and arrow. This may not sound like a way to unwind for most, but as Bob told Weingartner in an interview,

“It’s leaving everything materialistic behind and immersing yourself into something primeval . . . I am always ‘on,’ always selling, always enthusiastic and up. That’s my nature, but in order to give it my all, I need to recharge. I need some space and solitude. Freediving gives me that. It washes my mind clear of all the problems and issues that make up my real life in the modern world.”

After an afternoon of hunting for a meal in the deep waters, Bob Hurwitz is able to diligently return with a sharp mind to his current preoccupation of meeting and deliberating with qualified buyers on the world famous La Jolla Razor Residence.

Breaking News on The Razor Residence

Due to the high levels of inquiries and publicity on the world-famous Razor Residence, Hurwitz James Company has decided to postpone the auction originally scheduled for Tuesday, September 27. If the estate was not sold prior to the auction date, the bidding was supposed to start tomorrow at $16 million to an exclusive group of qualified-buyers.

As the Razor has continued to make headlines, our phones have continued to ring. There has been a number of inquiries from overseas buyers who were unable to schedule visits prior to the auction date.

But that’s not the only piece of breaking news we have. There is actually one cash offer for The Razor that is currently under consideration. Who is this potential buyer? You’ll have to check back with the Hurwitz James Company Blog to find out! We’ll be sure to post updates on The Razor for our readers as soon as more information is released.

 

Aston Martin Unveils V12 Zagato at The Razor Residence

Photos by Kris Cyganiak

“As the V12 Zagato is a true expression of prestige and exclusivity, it is only fitting that Aston Martin would select to host an event in one of the ultimate expressions of modern luxury available today in a home that has been described as a trophy property and an architectural masterpiece,” said owner of the Pinnacle List Kris Cyganiak.

A little over a week ago, an exclusive evening event culminated in ultimate luxury when Aston Martin unveiled the new V12 Zagato at The Razor. The producer of the most sought-after sports cars Aston Martin chose the masterwork of renowned architect William Cunningham as the location for the anticipated reveal.

As Kris Cyganiak said in his editorial of the event, “The Aston Martin V12 Zagato is a bold and elegant design inspiration of luxury that could only be matched by the architectural wonder that is The Razor.”

 The V12 is the result of a new collaboration as the Aston Martin brand celebrated its 50th year of collaborating with famed Italian design house Zagato on the DB4GT.

Attendees of the high-profile event enjoyed cocktails and a special menu prepared by La Valencia Hotel executive chef Lance Repp while The Razor was open for their viewing pleasure.

 

Read about the event and see more stunning photos by visiting Kris Cyganiak’s article:

http://www.thepinnaclelist.com/blogs/kriscyganiak/2011/09/aston-martin-reveals-v12-zagato-supercar-the-razor-residence-003/

Check back with us here at Hurwitz James Company to find out who will become the fortunate new owner of The Razor Residence currently on the market and set to be auctioned on September 27th.