Richard Neutra's Kronish House gets a reprieve

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Bowing to community pressure, the owners of Richard Neutra's Kronish House in Beverly Hills have agreed to postpone its demolition until at least Oct. 10 to give preservationists a chance to devise a plan to save the residence.

In a related and groundbreaking action, the Beverly Hills City Council early Wednesday asked the community's Planning Commission to devise a historic-preservation ordinance.

Maine House In Andrew Wyeth Work Now US Landmark

CUSHING, Maine -- A weather-beaten farmhouse in Maine, featured in the backdrop of one of the most famous paintings from the 20th Century, is now a national landmark.

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The Olson House in Cushing where Andrew Wyeth painted "Christina's World" was one of 14 landmarks to receive the designation from U.S. Secretary of the Interior Ken Salazar on Thursday.

"It's now affirmation that it's an American icon," said Christropher Brownawell, executive director of the Farnsworth Art Museum in Rockland, which has owned the farmhouse for the past 20 years.

Wyeth, who lived in Pennsylvania, spent 30 summers in Maine and he used the farm as a backdrop for the 1948 painting of Christina Olson, who suffered from polio and was unable to walk, crawling through a field toward the farm.

The Olson House, which overlooks the St. George River and Muscongus Bay, is where Wyeth, who died in 2009 at age 91, developed a relationship with Christina and Alvaro Olson that spanned 30 years. Wyeth's gravestone is near the property.

The Farnsworth Art Museum is currently displaying a collection of 50 watercolors and drawings depicting the Olsons and the farmhouse. "Christina's World" is displayed at the Museum of Modern Art in New York.

Al Gore's New $8.875 Million Montecito Villa

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Via Real Estalker, Al and Tipper Gore have picked up a $8.875M luxury getaway in Montecito, CA; a swanky zip code that has attracted big name residents like Oprah Winfrey, Steve Martin, and Kirk Douglas. Records show that the approximately 6,500 sq. foot home boasts 6 bedrooms, 9 bathrooms, a large pool house, 6 fireplaces, wood framed french doors, and carved stone detailing throughout. Check out the slideshow and see what you think: tacky or tasteful.

Price On Epic SF Mansion Drops By More Than $1 Million

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In February 2009, an architectural gem hit the market for $3,350,000, before it was withdrawn the following June. It showed up again in April 2011 for $2,795,000.

On Friday, the house showed up once again. This time it's $2,195,000 — a whopping $1,155,000 less than the original asking price, meaning that if you were even slightly considering it the first time, now would be a good time to buy.

The gorgeous 4,174-square-foot modern home is perfectly located in Clarendon Heights, right between Cole and Noe valleys and the Castro. 18-foot ceilings and floor-to-ceiling windows afford uninterrupted views of SOMA and the Bay, culminating in a cantilevered entertaining deck that lets guests know you mean business. Just check out the slideshow below to see what we're talking about. The nighttime views could make for a perfectly leisurely Saturday night. Thankfully, the wine cellar is just inside.

Four bedrooms and a parking deck with plenty of storage make the home ideal for a family, and the uber-modern exterior and design keep things stylish.

Burgess Rawson sell $53 million in 48 hours

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The national retail investment market is gathering pace with Burgess Rawson selling 15 properties through it’s Melbourne and Sydney offices alone in the past 48 hours for a combined $53 million.
Burgess Rawson Sydney Director Mr Darren Beehag said the properties were predominantly sold at bulk auctions in Melbourne and Sydney over the past 2 days – with some selling before and after the auction and others by EOI.
“We sold a wide range of national branded properties at strong yields illustrating just how much demand there is from the private investor market.”

Burgess Rawson Melbourne Director Shaun Venables said national, publically listed tenants on long leases were seen as a safe haven for purchasers.
He said some of the properties attracted strong bidding even though they had short leases, which is testament to the dominant location of some of these assets combined with strength of tenant.
The next Burgess Rawson Portfolio Auctions are scheduled for Sydney on September 13 and Melbourne on September 14, 2011.

Real Estate Commercial Property: Pain Points in Cold Calling Real Estate Prospects

Real Estate Commercial Property: Pain Points in Cold Calling Real Estate Prospects: "Add caption In commercial real estate your ability to make cold calls in reasonable number every working day will impact your career si..."

Real Estate Commercial Property

Real Estate Commercial Property