Known for its sleek, high-performance cars, prestigious automobile brand Bentley Motors moves into the fast lane with its first residential complex: Bentley Residences. Set to rise from the shores of Sunny Isles Beach, Florida, in 2026, the 70-story building will be the tallest residential tower on the U.S. coastline.
Bentley worked closely with Sieger Suarez Architects and Dezer Development to shape the exquisitely designed building. Its exterior will sparkle with diamond-shaped glass panels that refract light, and those same diamond motifs (a Bentley signature) are to be repeated throughout. Apartments will come with Italian-made Bentley Home furniture pieces along with a private balcony pool, sauna and outdoor shower. “It’s being built with luxury car owners in mind, and our patented drive-in elevator allows owners to park their car, on display, right outside their home—the ultimate statement of exclusivity,” says Gil Dezer of Dezer Development.
Amenities will include a cinema, whiskey bar and cigar lounge, a wellness center and spa, and an on-site private restaurant.
Asian shares were cautiously higher on Thursday, while the dollar eased ahead of U.S. non-farm payrolls data, and oil prices gained for a fourth day after deep production cuts pledged by OPEC+ members.
MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) rose 0.4% in early Asia trade, as U.S. futures gained. The index is up 4% this week after faling 13% in September.
Japan’s Nikkei stock index (.N225) climbed 0.7% to its highest level since September, South Korea (.KS11) advanced 1.2% and Australia (.AXJO) edged 0.1% higher. Hong Kong’s Hang Seng index (.HSI), on the other hand, fell 0.5%.
Apollo Global Management Inc (APO.N) and Sixth Street Partners, which were looking to provide financing to Elon Musk earlier this year for his proposed $44 billion buyout of Twitter Inc (TWTR.N), are no longer in talks with the billionaire entrepreneur, according to two sources familiar with the matter.
Earlier this year, Apollo was in talks to provide preferred equity financing for the deal, alongside Sixth Street, sources had previously told Reuters.
Apollo, Sixth Street and other investors were looking to commit over $1 billion in financing for the deal at the time.
Those talks ended months ago around the time Musk started having second thoughts about going through with the deal, the sources cited above said. Musk initially proposed the buyout in April before backtracking in July, and then changing course again this week.
Toyota will spend up to ¥730bn ($5.3bn) in the US and Japan to accelerate its production of batteries, the latest in a series of investments by Asian carmakers in electric vehicles.
The announcement on Wednesday by the world’s largest carmaker came just two days after rival Honda and South Korean battery maker LG Energy Solution said they would spend $4.4bn to build a battery plant in the US.
While many carmakers have signed deals with battery manufacturers, Toyota has focused its efforts on producing batteries internally, believing this can provide a critical competitive advantage in the electric vehicle era.
Few outside of India had heard of Gautam Adani just a few years ago. Now the Indian businessman, a college dropout who first tried his luck as a diamond trader before turning to coal, has become the world’s third-richest person.
It’s the first time an Asian person has broken into the top three of the Bloomberg Billionaires Index — fellow citizen Mukesh Ambani and China’s Jack Ma never made it that far. With a $137.4 billion fortune, Adani has overtaken France’s Bernard Arnault and now trails just Elon Musk and Jeff Bezos of the US in the ranking.
Adani, 60, has spent the past few years expanding his coal-to-ports conglomerate, venturing into everything from data centers to cement, media and alumina. The group now owns India’s largest private-sector port and airport operator, city-gas distributor and coal miner.
Wang Chuanfu, the cofounder and chief executive of BYD, saw his wealth tumble by $1.9 billion after Warren Buffett’s Berkshire Hathaway trimmed its stake in the Chinese electric car maker for the first time since investing in the Shenzhen-based company in 2008. Shares of BYD tanked amid speculation that more stock sales could be on the way.
The Hong Kong-listed BYD plunged almost 12% on Wednesday after a regulatory filing to the city’s stock exchange showed that Berkshire Hathaway has reduced its ownership to 19.92% from 20.04%.
The Omaha-based investment firm gained $47 million when it sold 1.33 million shares on August 24 at an average price of HK$277 apiece, according to the filing.
In Palm Beach County, within a small community across from the ocean, a Massachusetts couple found their ideal getaway home. Capped with a shiplap roof, the white Bermuda Colonial-style house boasts beamed, double-height ceilings and a cottage feel. Enticingly, the L-shaped structure wraps around the backyard, affording indoor-outdoor living, beautiful views and wonderful opportunities for entertaining privately, which the owners fully intended to embrace.
Although their plan is to eventually live in South Florida full time, the couple wanted to enjoy the property now, with their large extended family. The house, however—mostly beige inside—required some personalized attention. “We really wanted to amp it up a little bit and make it bright, lively and more of what people imagine when they go to Florida,” says interior designer Kristen Rivoli. “You want it to feel relaxing.”
This would be Rivoli’s first project in the region and the third she would complete for these clients, including their main residence. “Their home in Boston is definitely traditional and filled with antiques and oil paintings,” she says. Whereas the couple’s primary house is quiet and neutral, here the interior designer aimed to push them out of their typical style with a little flair for a fresher and more transitional look. Her approach: View their aesthetic through the lens of an Old Florida residence for a design that is classic and timeless.
The owners agreed. They desired a relaxed, informal vibe for the vacation property, with more patterns than they normally favor. This, Rivoli says, “gave us a great opportunity here to really be playful with the colors.” To balance the clients’ traditional leanings with a Florida bent, she introduced classical furnishings in bright tones, such as a thin yellow-and-white stripe on the living area sofa, which rests on a patterned yellow rug. In a similar move, the interior designer paired vintage pieces with more modern ones, like the living area’s Parsons-style coffee table countering rattan armchairs holding blue- and-white cushions. The formerly dark pantry, too, was given a playful runner and lighter cabinets. “We painted them what we call our ‘Palm Beach Pink’ color,” Rivoli says. “Now it’s a very bright and cheery hallway.”
The bedrooms in particular are amped with pattern and color. In a guest space, a red-orange wallcovering is a balanced backdrop for unexpected doses of vibrant green, seen on a pair of beds with patterned upholstered frames and in the abstract botanical scene of an oversize graphic painting occupying a wall. “We pushed the wife out of her comfort zone a little bit with the art,” Rivoli says. “It really makes that a memorable space.” The wife loves coral, which the interior designer infused in the main bedroom on the draperies and wrapping the four-poster bed. She hung an Old Floridian-style lamp from the double-height ceiling for a dash of quirkiness, while ceramic lamps add an old-world aura atop vintage wood bedside tables that have a bamboo detail. “They’re so well made,” Rivoli says of vintage pieces. “Many of them are so solid, and that’s why they’ve lasted so long.”
Many of the home’s furnishings and fabrics, like the family room’s sofa and tasseled ottomans, are indoor-outdoor, giving the residence a casual elegance amid its framed artwork and gold sconces. “We wanted it to feel like if the clients had a dressed-up occasion, the house supported that,” Rivoli says. “But if they had bathing suits on and sandy feet, they’re not going to worry about sitting there.”
That strategy comes in handy for guests coming from the property’s outdoor space, where the owners refinished the pool and installed a hot tub. Landscape designer Nelson Logal conceived a minimalist look for the previously overcrowded grounds, removing more than 20 trees, including Alexandra palms and overgrown magnolias. This made room for plantings such as flowering yellow thryallis, red Jatropha and climbing hibiscus next to the outdoor fireplace to add touches of color amid the greenery. “It’s a retreat for the owners just to relax,” Logal says. “It’s a hideaway.” In the front, fragrant gardenias and a new path of palm trees lead to the door—where, Rivoli expects, her busy clients leave their stress behind before entering. “What I really hope is that when you walk in, you’re going to take this deep breath and feel instant relaxation and melting away,” she says.
Before we bought the house, my mom was like, ‘You have to paint the whole thing,’” says designer Michael Del Piero’s daughter about the Chicago home that she and her husband purchased in 2019. The Lakeview house was lovely and well built, but what Del Piero’s designer’s eye couldn’t get beyond were the white walls, white trim, white cabinets and white built-ins. “She would have rather we bought an old house or built one from the ground up, but once we agreed to paint everything, we were in business,” the daughter explains.
The familial relationship provided a major advantage from the get-go, thanks to the couple’s intimate knowledge—and long-held admiration—of Del Piero’s design prowess. “We’ve spent enough time in Michael Del Piero creations in Chicago and the Hamptons to know that we like what she does,” says her son-in-law. “She treated us like real clients. Each proposal became more and more tailored to us.”
Del Piero went beyond simply painting the interiors. That was just one part of the personalization campaign she undertook for the couple. “There was certainly less to do than ground-up construction,” Del Piero says; however she admits that the work was still extensive. “It needed more character. We ripped out some built-ins in the family room and replaced them with the concrete fireplace,” she explains. “We completely changed the fireplace in the living room.” In the kitchen, she used the existing cabinets and millwork, but the room had to be pulled apart, repainted and put back together.
Once all the painting and structural changes were complete, it was time for furnishings and art. “We began from scratch,” the daughter notes, “which was really nice because we could make them work perfectly with the house.” The living room started with a large painting by William McLure, an artist whom Del Piero exhibits in her Hamptons gallery, and whom her daughter follows on Instagram. “My daughter was like, ‘Mom, you sell his work?’ ” Del Piero says, laughing at the coincidence. “She saw that painting and we built the living room around it. She’s really got a great eye for art.” In addition to taking the lead on finding most of the art for the home, Del Piero’s daughter also joined her mom to shop for accessories and vintage pieces. “They were fun mother-daughter excursions,” says the designer.
In the dining area just off the kitchen, Del Piero’s daughter helped with another find: the vintage table that looks custom made for the space. “I used to work in personal shopping at Barneys and they called me because this table was broken and they were throwing it away,” she says. “But they knew my mom’s line of business and thought she might want it.” The broken table leg was an easy fix, and then Del Piero turned to local restoration company Kristopher’s Furniture Services, who matched the original wood exactly to give it a more dining-friendly width. Above the table hangs a custom light fixture by found-metal artist Lucy Slivinski. The couple knew Slivinski’s work from other Del Piero projects that feature her showstopping chandeliers. “It’s really special. Lucy made it just for them and it makes the space,” says the designer.
While the majority of the furnishings were new to the couple, Del Piero didn’t forget that this project was all about family. She incorporated two of her son-in-law’s heirlooms—an armoire in the nursery that’s now painted a glossy blue and a chandelier in the main suite’s bathroom—into the decor. It didn’t hurt that her son-in-law has a natural eye for design. “He is incredibly interested in all of it,” Del Piero says. “We have an ongoing family joke that he’s really a designer. He’s going to leave his law practice and come work with me.”
Though that’s not likely to happen any time soon, the couple have only happy memories of the process. They were so delighted with the result that when they learned they were expecting a second child, they called Del Piero to help them finish a playroom and nursery, just in time to welcome her new grandson.
Forget shiplap and all-white everything: The latest unforgettable baths are pushing the envelope on color, pattern, materials, and finishes. Here’s what design pros predict will be hot in 2022 bathroom trends—be it primary suite or powder room.
Faux cabinetry is out; instead, showcasing the stone or other countertop material in a more prominent “chunky” way is a fresher idea we’ll soon see more often, predicts designer Linda Hayslett.
People like seeing more of the slab, instead of having a fake drawer that hides the plumbing roughs for the sink. And, though marble is always a classic, I’m starting to see the use of it all over the bathroom taper off.
PHOTO BY LAUREN PRESSLEY
All-white or pastel palette bathrooms are on their way out, believes designer Sara Barney of BANDD DESIGN.
The all-white bathroom is going away. Interesting, unique and quirky design elements are taking over for bathrooms, and the hype from this is coming from everyone’s love of “Instagrammable” spaces. Expect to see a lot of eye-catching wallpapers, paint, tile and light fixtures in 2022.
PHOTO BY MOLLY CULVER
Dark blue tile and wallpaper create a jewel box-like space in this bathroom by Redmond Aldrich Design.
Statement bathrooms feel different from the spaces around them, and I love to create environments that feel very enveloping. In this bathroom, inky tile is paired with dark blue wallpaper. The effect is cocooning and transportive.
PHOTO BY MATTHEW MILLMAN
A move toward incorporating towels and other bathroom necessities into display cabinets, versus stashed away completely, is a look designer Caitlin Wilson is observing regularly.
All-white bathrooms are not as popular now, as color and texture are making for exciting design possibilities. One thing I’m seeing is a feature wall in the shower, say, with large-format porcelain tiles that mimic sliced jewels.
PHOTO BY PATRICK CLINE
Design-savvy homeowners are embracing white, black or even colorful faucets and fixtures.
The Trend: Colorful, whimsical faucets, fixtures and hardware
I think fixtures are having a little renaissance, and going less serious and a more whimsical—with brighter, unexpected colors. I’m also seeing more hardware like knobs and pulls as jewelry, not just as functional finger pulls.
PHOTO BY RYANN FORD
A curvaceous mirror adds a “collected look” to this bathroom designed by Elizabeth Gill Interiors.
The collected look is on trend even for bathrooms. Think organic-shaped mirrors, think Gio Ponti or something vintage in a colored glass frame. Bathrooms were once understated and functional; now, the focus is just as much on aesthetics as function, to create an all-encompassing serenity zone filled with beauty.
PHOTO BY MARCO RICCA
A gold metallic wall treatment extending onto the ceiling gives this bathroom by designer Mikel Welch plenty of eye-catching sheen.
I foresee the next trend being the use of strong metals and metallics. Just like mixing metals, people are beginning to pair fun and unexpected wall coverings with contrasting faucets and knob finishes. Brass and chrome finally have permission to play together!
With the equinox officially behind us, it’s time to embrace the alluring hallmarks of fall. This season, it’s all about fun colors (hello, autumnal pink) and rich, comforting materials. No matter the climate or location, there’s a way for everyone to lean into the cozy months ahead.