Global Update: Hamptons Home Build Boom Abounds

Looking for New York luxury living with real New York style? You’re in luck. A four-bedroom, 4.5-bathroom penthouse has just hit the market for $18 million but what separates this Soho home from it’s penthouse peers is a wraparound terrace designed by Piet Oudolf, the Dutch designer of the increasingly iconic New York High Line. [Curbed] Leave London alone! Anti-London scapegoating is damaging the capital’s real estate landscape, claims international real estate consultant Cluttons. [PropertyWire] Or perhaps the slander be damned? Whoever wins on Thursday, London should prepare for a post-election property bounce, says residential property company Hamptons International. [The Times] File this under Amazon Prime Property. Former Amazon executive Christian Jagodzinski has listed his waterfront Palm Island estate for $39 million. What does $39 million buy you? “The property includes a 130-foot heated pool with a Jacuzzi, grotto and waterfall; a beach volleyball court; gym; and movie theater.” No word on one-click purchasing. [The Real Deal] For many, a home in the Hamptons is the is ultimate real estate goal. And for many, it looks like that is becoming a reality. After a thriving 2014, which saw the construction approval of about 555 new homes, the Hamptons home build boom continues unabated, with builders taking out 112 new-home permits in the first three months of 2015. [Newsday] Tough new mortgage caps and higher transaction fees, introduced at the end of last year, seem to be having an affect in Dubai. Real estate transactions in the country have fallen by more than 50%. [The National]