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‘Modern Family’ creator Steve Levitan seeks $16 million for Malibu beach house

Steve Levitan, the TV powerhouse behind shows such as “Modern Family,” “Stacked” and “Just Shoot Me,” is testing the waters in Malibu. His Cape Cod-style beach house just hit the market for $16 million.



a large building: The contemporary Cape Cod includes six bedrooms, seven bathrooms, a great room, lofted gym and multiple decks overlooking the ocean. (Mac Hayward)


© (Mac Hayward)
The contemporary Cape Cod includes six bedrooms, seven bathrooms, a great room, lofted gym and multiple decks overlooking the ocean. (Mac Hayward)

He’ll triple his money if he gets his price. Records show the Emmy-winning director-producer paid $5.4 million for the property in 2002.

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Spanning a quarter of an acre, the oceanfront abode descends down a bluff to Broad Beach — an exclusive stretch of sand with high-profile residents over the years including Frank Sinatra, Mindy Kaling, Walter Hill and Eli Broad.

Levitan made a few changes during his stay, renovating the oversized chef’s kitchen overlooking the ocean. Other highlights in the 6,700-square-foot floor plan include an interior courtyard, elevator, lofted gym and great room that opens to a beachfront deck.

Elsewhere are six bedrooms and seven bathrooms, including three detached guest suites and a three-room owner’s suite with two-story ceilings, a sitting area and private deck. Out back, multiple staircases descend to the beach near Lechuza Point.

Levitan, 58, earned an Emmy as a producer for “Frasier” and also received nominations for “The Larry Sanders Show” and “Just Shoot Me.” More recently, he co-created the shows “Back to You,” “LA to Vegas” and “Modern Family,” which ran for 11 seasons and ended earlier this year.

The listing is held by Tony Mark and Russell Grether of the Mark & Grether Group at Compass, Kimberley Pfeiffer of Compass and Donald Richstone of Coldwell Banker Malibu Colony.

This story originally appeared in Los Angeles Times.

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Piney Orchard Mega-Home Seeks $725K, Boasts Colossal Bathroom

ODENTON, MD — Two rivers and Gambrills usually get the spotlight for their new construction, but fresh Piney Orchard homes are starting to look for their second owners. This 2014 beauty shows that like-new homes can be just as impressive. With tray ceilings, dual ovens and sunroom lighting, the property is as modern as any. The basement bar and theater room add sellable flares to the sprawling, 5,078-square-foot house.

The second-floor owner’s suite steals the show. Its colossal bathroom features a stand-alone tub and a massive tile shower. The $725,000 home sits about a mile away from the Odenton MARC Station, making the property perfect for any commuter. If the future owners prefer teleworking, they can enjoy the home office that sits behind luxurious French doors.

  • Address: 1204 Gregory Ct, Odenton, Maryland
  • Price: $725,000
  • Square Feet: 5078
  • Bedrooms: 4
  • Bathrooms: 4 Full and 1 Half Baths
  • Built: 2014
  • Features: This stunning Caruso Homes Emory II Model features numerous upgrades, high end detail, and 5000+ Sq. Ft of living space! The inviting front porch leads into the 2 story Foyer with gleaming hardwood that carries throughout the home’s main level. Formal Living and Dining Room both feature Tray Ceiling details. Private Home office perfect for working from home! The Large Gourmet Kitchen features granite counter tops, island with breakfast bar, stainless appliances, double wall oven, gas cook-top, and adjoining Breakfast Room with Vaulted Ceiling. Upper Level is home to 4 Bedrooms and 3 full Bathrooms including the Luxurious Master Suite with sitting room, impressive spa like bathroom with separate vanities, large soaking tub and 2-person tile shower, and an over-sized walk-in closet. The 3 additional bedrooms consist of a Jack-N-Jill setup with shared bathroom and a princess suite with private full bath. Fully finished lower level has a Great Room with

White House seeks limited coronavirus relief bill, promises further talks on broader stimulus

WASHINGTON (Reuters) – The Trump administration on Sunday called on Congress to pass a stripped-down coronavirus relief bill using leftover funds from an expired small-business loan program, as negotiations on a broader package ran into resistance.

The administration proposal, which Democrats dismissed as inadequate, was the latest twist in on-again, off-again talks to try to secure more stimulus, as the economy struggles to recover from coronavirus-related shutdowns that threw millions of Americans out of work.

In a letter to lawmakers, Treasury Secretary Steven Mnuchin and White House Chief of State Mark Meadows said they would continue to talk to Senate Democratic leader Chuck Schumer and House of Representatives Speaker Nancy Pelosi to try to reach agreement on a comprehensive bill.

But they said Congress should “immediately vote” on legislation to enable the use of the unused Paycheck Protection Program funds, which total around $130 billion.

“The all or nothing approach is an unacceptable response to the American people,” they wrote.

A spokesman for Pelosi, the lead Democratic negotiator, did not immediately respond to a request for comment.

Representative Nita Lowey, the Democratic chairwoman of the House Appropriations Committee, rejected the administration’s offer in a statement later on Sunday as “woefully inadequate.”

“We can only reopen our economy and set the foundation for a strong recovery if we support state and local governments on the frontline of this crisis,” Lowey said in a statement.

White House spokesman Brian Morgenstern told reporters the unused funds would be used to reopen the Payroll Protection Program, which expired earlier this year, to “allow businesses to continue to use it to keep their employees employed.”

President Donald Trump on Friday offered a $1.8 trillion coronavirus relief package in talks with Pelosi after urging his team on Twitter to “go big” – moving closer to Pelosi’s

Malaysia’s largest home-improvement retailer seeks $361m in IPO

KUALA LUMPUR — Home-improvement store operator Mr DIY Group of Malaysia opened its initial public offering for bids, aiming to raise 1.5 billion ringgit ($360.6 million) in what would be the country’s largest stock market listing since 2017.

The company on Tuesday unveiled its prospectus, an important step to listing on the main board of Kuala Lumpur’s stock exchange, known as Bursa Malaysia. Mr DIY’s first two attempts at listing — late last year and the first half of 2020 — were shelved amid the coronavirus pandemic.

The offering would give the company a market capitalization of 10 billion ringgit post-IPO, CEO Adrian Ong said at an online news conference after the prospectus was released.

Mr DIY is targeting a retail price of 1.60 ringgit a share, with the institutional offering consisting of 779.95 million shares and 161.53 million shares allocated for the retail offering.

“We today have a 29% market share of the overall home-improvement retail market in Malaysia,” he said, adding that the company has been growing faster than the country’s annual industry average of 10.2%.

“About 300 million ringgit [of the IPO’s proceeds] would be mainly used to repay existing debts,” Ong added.

The offering would be the largest in Malaysia since chemicals producer Lotte Chemical Titan raised about 3.77 billion ringgit in July 2017.

Since Mr DIY opened its first location in 2005, the company has fast grown into Malaysia’s largest home-improvement retailer, with 674 stores across the country and four stores in Brunei. In addition to the Mr DIY core brand, the company also operates two other store chains: Mr Toy, which sells affordable toys, and Mr Dollar, which offers a fixed-price point model.

“We are adding stores at a very fast pace, which suggests that we have confidence in the business,” Ong said. The

Matthew Perry’s Malibu beach house seeks $14 million

A few months ago, Matthew Perry listed his penthouse in the sky. Now he’s selling his home in the sand. The “Friends” star recently put his Malibu beach house on the market for $14 million, records show.



a large bed in a room: The 5,500-square-foot home has a movie theater, hot tub and two stories of decks overlooking the ocean. (Realtor.com)


© (Realtor.com)
The 5,500-square-foot home has a movie theater, hot tub and two stories of decks overlooking the ocean. (Realtor.com)

That’s $2 million more than the actor paid in 2011 when he bought the property from Scott Gillen, a high-profile developer who owns a slew of Malibu properties. Last summer, Gillen listed his 13-home portfolio in the coastal city for a combined $500 million.

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Perry’s place is covered in wood and glass. Spanning 5,500 square feet, it overlooks the ocean from two stories of modern indoor-outdoor living spaces.

A two-sided fireplace anchors the main level, separating a sunny dining area and modern kitchen from a living room with a ping-pong table. Dramatic beams top the entire space.

The primary suite covers most of the upper level, with a spa bathroom, lounge and private deck. In total, there are four bedrooms and 3.5 bathrooms, as well as a movie theater with tiered seating.

A wraparound deck set high off the sand lines the back of the home. Off to the side, a private patio encloses a hot tub.

Perry, 51, has kept busy since his days playing Chandler Bing on “Friends,” appearing on the shows “Mr. Sunshine,” “The Good Wife” and “The Odd Couple.” More recently, he played Ted Kennedy on the television miniseries “The Kennedys: After Camelot.”

Josh Flagg of “Million Dollar Listing Los Angeles” and Bobby Boyd, both with Rodeo Realty Beverly Hills, hold the listing.

This story originally appeared in Los Angeles Times.

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