Danielle Molinari and her two-year-old Frankie face being put out on the street. So does her 70-year-old neighbour Mary White, along with her adult son (and father of two) Bill. The same goes for the rest of the 93 households on London’s New Era estate. The question is why? The obvious place to start is with American fund manager Westbrook, which bought an entire community’s homes up from underneath them and plans to jack up rents sky-high, forcing residents into homelessness. Then there’s Richard Benyon, the Tory MP whose multimillion-pound family estate partnered on the deal – until public shaming forced him last week to pull out. Got blame to spare? Then take your pick from an entire deck of weak-chinned politicians, starting with London’s mayor, Boris Johnson, all of whom have done so little to help so late in the day. But something bigger is playing out in this little redbrick square on the fringes of the City – and it makes what happens next … [Read more...] about New Era estate scandal: families at the mercy of international speculators
Real estate crm for mac
Lachlan Murdoch, the co-chair of News Corp and the son of media mogul Rupert Murdoch, has reportedly purchased a grand California home in the second most expensive residential property sale ever in the US. The sprawling Bel Air estate was owned by late media tycoon Jerry Perenchio, and was once the home of 'The Beverly Hillbillies,' before it hit the market for $350million in August 2017. But the media executive, 48, snapped it up for $150million, a personal familiar with the deal told the Wall Street Journal which is owned by News Corp. The publication said it did not immediately get a response to a request for comment from the married father-of-three who is worth $3.62billion, according to the Australian Financial Review. Lachlan Murdoch, 48, worth 3.62billion, has purchased the sprawling Bel-Air estate (pictured), which was once the home of The Beverly Hillbillies, News Corp's Wall Street Journal reported Wednesday Lachlan Murdoch, the co-chair of News Corp and … [Read more...] about Rupert Murdoch’s son Lachlan buys Bel Air estate featured on ‘The Beverly Hillbillies’ for $150million – the second most expensive residential sale ever in the US
A third man has been arrested on drug charges following Mac Miller's death as a text message exchange is revealed showing the late rapper asking for drugs in the days before he overdosed. Stephen 'Stevie' Walter was arrested in Los Angeles on Monday for conspiracy to distribute a controlled substance in connection with Miller's death. Miller, 26, died on September 7 last year of an accidental overdose of cocaine, alcohol and fentanyl at his Los Angeles home. According to court documents obtained by TMZ, Walter was contacted by Cameron James Pettit three days before Miller died asking for '10 blues', which is in reference to the narcotic Percocet. Pettit had earlier been texting with Miller. A third man has now been arrested on drug charges following Mac Miller's overdose death at his Los Angeles home in September last year The rapper had allegedly asked Pettit for 'percs', according to a text message exchange included in the court … [Read more...] about Third man is arrested on drug charges following Mac Miller’s death as text messages show the late rapper asking for drugs just days before he overdosed
If the major banks – rather than housebuilders – were the chief beneficiaries of the government’s help-to-buy scheme, the financial regulator would probably list it as a scam. Ministers would be up in arms and bankers would again be the pariahs they were in 2008. Help to buy is a government scheme that supports the purchase of a newbuild home. It was launched in 2013 and given a reboot last year that will now allow it to run until 2023. The brainchild of the former chancellor George Osborne, it has proved to be, according to its supporters, a lifeline for an important element of British infrastructure – namely private housebuilding. Without the rescue scheme, which commits the state to stumping up 20% of a home’s purchase price up to a limit of £600,000 (and, with the same cap in place, 40% of the price in London), the industry would have found itself on its knees, the argument goes. Instead, private housebuilding recovered and an industry that was … [Read more...] about Help to buy has had its day. Time to tax the builders and close the scheme
Hamburg's "center of terror," as city-state Culture and Media Minister Carsten Brosda describes it, was based in the Stadthaus, a splendid 300-year-old building right downtown. Its restored tower overlooks adjacent buildings. A hotel has opened on the ground level. On some windows, slogans such as "Chin up, Cherie!" advertise new luxury flats above. Behind the elegant facade, Adolf Hitler's Gestapo tortured opponents of his Nazi regime. The violence began as early as 1933 in this historic building with a view of the the canals that run through Hamburg's inner city. The victims included the barber Herbert Baade. An active communist, he was arrested because he had a leaflet against the Nazis. The Gestapo never found out that he had printed it himself or who else was involved, said Detlef Baade, Herbert's son. "My father was brought here several times," Baade said. "They strapped him to a wooden gymnastics vault and beat him till he bled and collapsed. They stabbed him through the leg … [Read more...] about Can Hamburg deal with its Nazi past during a property boom?