An amendment attached to the annual state department budget bill would rename the Washington, D.C. street that the Chinese Embassy is on to Liu Xiaobo Plaza, after noted Nobel Peace Prize laureate and Chinese dissident Liu Xiaobo, who is serving an 11-year sentence for subversion.
art by Shepard Fairey
Five years after it went on the market, the A. James Speyer-designed ‘Ferris Bueller’ House has been sold to an investment banker and a lawyer for $1.06 million. The original listing price was $2.3 million.
The New Must-Have for Luxury Buildings: Graffiti by Elizabeth Greenspan
Graffiti is used to sell lots of things, of course. In the nineties, Nike and Coca-Cola began hiring well-known graffiti artists to paint large-scale murals and to help design advertising campaigns targeted at young people. Other industries—fashion, vodka, fast food—followed. But the real-estate industry’s use of graffiti is different; after all, taggers don’t vandalize sneakers. Historically, property owners and developers have tended to consider graffiti a sign of decay that lowers property values. But that was before people started finding grittiness really cool.
Bummer Beach by Chris A. Smith
Tech billionaire Vinod Khosla bought the land abutting a popular surfing cove. Then he boxed the surfers out. The craziest thing? He might get away with it.
Faces of Real Estate, a project where a Minneapolis-based creative named Phil Jones has been getting very detailed and creative in replacing images in bus stop realtor ads with his own.
John Lydon, aka Johnny Rotten, and his heiress wife have put their beachside Malibu ranch home up for sale for a post-punk $1.995 million. Featuring 4 bedrooms, hi-beamed ceilings, and an extra large pool, with waterfall, the house is perfect for “artists, musicians, surfers & visionaries.”
The asking price for Copper Beech Farm, a 12 bedroom 50 Acre Waterfront Estate in Greenwich, Connecticut. The property includes two islands, walled gardens, a 75 foot pool with hot tub, a beach, a grass tennis court, a greenhouse, a stone carriage house and a cottage.
On the market for $29 million is Bayleys Plantation, Eddy Grant’s 30 acre Barbados estate that was the ill-fated location for the recording of the Happy Mondays last album with Factory Records. Things that allegedly happened there included the band taking furniture out of the house and trading it for crack, the building of crack dens made out of chaises inside of the pool, and Bez breaking his arm after overturning a hired car.
Tony Wilson chose the island because it was free of heroin.
$139,000. Philadelphia, get yours.