Where indoors meets outdoors, and too much is not enough
In the posh property market of the Hamptons, outdoor 'residences' are all the rage and luxury is the norm
New York
TWENTY-foot-wide (6m-wide) glass walls retract electronically at the tap of a cellphone app at the over-the-top US$39.5 million furnished mansion John Kean built last year on 4 acres (16,187 sq m) in Southampton, New York. They disappear into wall pockets, blurring the distinction between indoors and out.
The living room, with its full bar, dovetails with an outdoor covered terrace lengthy enough for a banquet table for 75 guests.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
OUE wins tender to lease, develop new ‘zero-energy’ hotel at Changi Airport’s T2
FLASH: Singapore office rents in central region fall 1.7 per cent in Q1 over Q4: URA
Homebuyers shun new real estate in Vancouver, hurting builders
US pending home sales jump in March to hit highest in the year
Blackstone strikes US$1.6 billion student housing deal with KKR
European real estate deals slump to lowest level in 13 years