Global Update: Skipping the Suburbs for Skyscrapers

The center holds: In the last seven years, 11 estates worth more than $10 million have sold in New York’s Westchester County. For the same period, New York City had 1,355 home sales for that amount. [New York Post] Tall orders: Residences in Saudi Arabia’s Kingdom Tower will likely go on sale later this year, according to the developer’s chief executive. Located in Jeddah, the project has the backing of billionaire Prince Alwaleed bin Talal. It is slated to become the world’s tallest building upon completion in 2018. [The National] Star turn: Known as the home of Dowager Duchess in the hit TV series “Downton Abbey,” Byfleet Manor is now on the market as a family home for about $6.12 million. The 19-acre estate was built in the seventh century and has starred in other British period television dramas. [CNBC] Over the weekend: Doubled up: NBA all-star Kevin Durant has sold his Miami penthouse for $3.15 million – nearly double what he paid for it. Durant bought the 3,793-square-foot apartment for about $1.33 million in 2011. The modern, three-bedroom residence includes a private elevator and a terrace with views of Biscayne Bay. [Miami Herald][LA Times] Milan in fashion: Modern high-rises and other residential developments are helping this Italian city to build a new identity. [Financial Times] Only in Vegas: These strategic soirees are not only designed to encourage attendees to give back to the community, but to potentially purchase a property. [Las Vegas Review-Journal]