Thursday, July 31, 2008

Luxurious Cosmovoide Bed

We have seen a lot of bed concept and ideas but the Cosmovoide bed has to take the cake. If you were a fan of the 80’s TV series Mork and Mindy, this bed capsule design is sure to be a familiar site. Equipped with various multi-media gadgets and technology features, this bed will certainly be something to behold for people who can afford it. It is estimated to be worth around $60,000.00 which may as well limit this bed design to people who have LOTS of money to spare.

Their luxury bed is shaped like an egg (to either give you Morkian dreams, or wrap you up in cozy cosmic harmony or some such nonsense), has hammock-like suspending springs, seven rainbow-coloured LEDs, a telephone, and a DVD/home theatre set-up including a TV at its foot. Most fascinating? Its twin "electric relaxation bed frames," which just get the mind boggling. That price is the base model, by the way: it's customisable, according to its crazy French manufacturers.

(Source) Gizmodo

Monday, July 28, 2008

Future Condo Designs From James Bond

Each time we see a James Bond movie, there is something bound to astound us as far as gadgets and places are concerned. Being an action flick, we do not normally see a home where 007 would stay in. But the funny thing is that at some point of the film, especially the love scenes with his leading ladies, we see futuristic room designs that can really push a person to think of his pad.

Check out these photos from Pierre Cardin’s place which is sure to bring you back memory lane. These designs are certainly familiar “The Spy Who Loved Me” which had Roger Moore playing James Bond. A great concept for studio owners who want to design their pad in style.


Saturday, July 26, 2008

Former Star Sues Realty Company for Breach of Contract

Former NBA star Matt Geiger has reportedly sued Global Asset Holdings LLC for apparently failing to live up to its commitment to sell his property, a 28,000 square foot estate at 3385 Old Keystone Road valued at approximately $19.9 million. Geiger wanted to move to Tampa Bay with a more-family oriented atmosphere but all that seems to be lost with the failed transaction.

Originally, Geiger had received an offer of $15 million dollars for the property, but since he wanted to honor his agreement with Global Asset Holdings LLC, he rejected the offer.

Global Asset Holdings LLC opted out of the deal due to the prevailing market conditions. Talk about honor and commitment, I cannot blame Matt Geiger for suing the company. Just imagine the opportunity he lost in millions of dollars!


Friday, July 11, 2008

Real Estate Falling Due to Stricter Borrowing Requirements

It was bound to happen. With world economy on the downturn, the apprehensive approval that most financial institutions and lenders provide for people wanting to invest in real estate has evidently become tighter. So as far as this trend is concerned, the real victim would be the real estate developers who seem to be in for an uncertain future as far as closing deals mostly based on financial structures through real estate loans and money borrowing.

This should not come to a surprise. Even in the other business sectors today, we see these financial capacity to pay as a main obstacle towards doing business. In short, most businesses are being careful on their collections and accounts receivables since the need to increase the allowance for bad debts of these companies is not a good sign for corporate operations.

On the real estate side, people have nothing to lose. They can still earn up and get that eventual dream home in the end. Apparently the only loss they have is the time element. For the real estate binge, it is about looking at investments simply lying there until the economy improves for the better.

(Source) Yahoo Finance