The Pandemic Sparks a Real-Estate Gold Rush in Upstate New York

In her late-career novel “Hudson River Bracketed,” Edith Wharton memorialized the landscape just north of New York City—the “precipitate plunge of many-tinted forest, the great sweep of the Hudson, and the cliffs on its other shore.” In Wharton’s time, upstate was where Manhattan’s wealthy migrated seasonally, taking trains to enormous homes like Wyndcliffe, in Rhinebeck—the stolid mansion of Wharton’s aunt, Elizabeth Schermerhorn Jones, which is said to be the source of the phrase “keeping up with the Joneses”—or the Mills family’s sixty-five-room Staatsburgh mansion, designed by McKim, Mead, and White and thought to be the inspiration for Bellomont in “The House of Mirth.” If they didn’t decamp to Beaux-Arts piles, they sought “the elaborate rusticity of an Adirondack camp,” as Wharton put it in that novel. For the gentry, leaving the city was practically compulsory, she wrote in “The Custom of the Country”: “In the early summer New York was

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That 24k Gold Plated Fat Bike is Back on Sale for $1 Million USD for Charity

Back in 2013, the world’s most expensive mountain bike was unveiled. First spotted by MTBR, the 24k gold plated mountain bike was a monument to excess and valued at $1 million USD.

The base frame is a Salsa Mukluk fat bike (current MSRP $2,799 USD) that is overlaid with 24k gold. On top of the frame, you get a menagerie of finishing details including Italian red leather in the rim, brown chocolate alligator skin on the seat, brown chocolate cowhide grips and a stingray skin water bottle. Finishing off the bike is the emblem that has 600 black diamonds (6.0 carats in total) and 500 golden sapphires (4.5 carats in total) embedded in it and is designed to be a standalone piece of jewelry. There’s also a signature piece of 24k solid gold at the back of the headtube that features the signature of the creator.

That creator is a

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Royal Gold to Sale Ownership Interest in Peak Gold Project

Royal Gold, Inc. RGLD has entered into an agreement with Kinross Gold Corporation KGC to sell its shareholding interest in the Peak Gold joint-venture project in Alaska as well as common share holding in Contango Ore, Inc. for cash proceeds of total $61.3 million and increased royal interests.

Royal Gold will receive $49.2 million for the sale of a 40% ownership interest in Peak Gold, LLC, the owner of the Peak Gold project and $12.1 million for selling its holding of 809,744 shares in Contango, Royal Gold’s partner in Peak Gold, LLC.

Additionally, Royal Gold will receive an incremental 28% net smelter return (NSR) royalty on silver produced from the current resource area and an incremental 1% NSR royalty on certain State of Alaska mining, owned by Contango. This will increase Royal Gold’s royalty in this area from 2% to 3%.

Following the deal’s completion, Kinross will be the Peak

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Simon Reeve puts his huge two-acre Gold Coast home up for sale

Dumped Sunrise presenter Simon Reeve has put his sprawling Gold Coast property up for sale days after suing Channel Seven for up to $1 million.

Reeve was flown to Sydney from the two-acre estate in well-to-do Tallai every week just to read the sport news on Weekend Sunrise.

The arrangement, which cost Seven $250,000 a year in flights and luxury hotels, persisted for years until the NSW-Queensland border shut in March.

Reeve spent three months in limbo at his Gold Coast home absent from TV screens before Seven finally cut him loose on June 25.

Reeve was spotted driving his 4WD at the property on Tuesday afternoon, having had an inspection by a potential buyer

Reeve was spotted driving his 4WD at the property on Tuesday afternoon, having had an inspection by a potential buyer

Simon Reeve has put his sprawling Gold Coast property up for sale days after suing Channel Seven for up to $1 million over his axing from Weekend Sunrise

Simon Reeve has put his sprawling Gold Coast property up for sale days after suing Channel Seven for up to $1 million over his axing from Weekend Sunrise

His lawsuit claims Reeve should have been

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A broker with a heart of gold

Danielle Anderson
 |  Correspondent

Steve Cupolo is like a chess master when it comes to sizing up the benefits and the challenges of a move, and making smart decisions.

Talking with the one-time rough and tumble hockey player out of Canada, who counts miscellaneous injuries from his glory days as badges of honor, it’s his gentle demeanor and easy going manner that have him feeling like a longtime friend rather than a savvy real estate mogul with a billion dollar benchmark in his sights.   

Beginning modestly as an independent brokerage group in the St. Augustine and Jacksonville markets, years of hard work and strategic investments in the real estate industry have resulted in a true success story for Cupolo.

“I grew up in Niagara Falls, Canada and moved to Florida in 1989, started with a small company doing property management and a little bit of real estate and then ultimately

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Gold Coast Estate for Sale

Less than 25 miles from Manhattan and near the Long Island Expressway, fieldstone walls edge the entrance of a 108-acre estate. A relic of a bygone era, it is among the last king-size Gold Coast estates on Long Island’s North Shore.

“‘Groton Place’ is a vanishing breed,” said Meredyth Hull Smith, an associate broker with Sotheby’s International Realty in Manhattan, who shares the listing with Christina Porter and Lois Kirschenbaum of Daniel Gale Sotheby’s International Realty on Long Island.

The owners, Luis and Julie Rinaldini, wanted lots of land for their horses when, 23 years ago, they purchased the Old Westbury property, saving the expansive estate from impending development. Today they placed the estate, which has 10 fireplaces, seven bedrooms, seven-and-a-half baths, plus staff quarters, on the market for $29.9 million.

“They would like to sell the property to a single owner who could enjoy the property the way they

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