• NYC Gilded Age mansion lists for the first time in 40 years, asking $33 million. All photos: Christie's
    NYC Gilded Age mansion lists for the first time in 40 years, asking $33 million. All photos: Christie's
  • The home is located at 123 E, 35th Street in Murray Hill, between Park and Lexington avenues.
    The home is located at 123 E, 35th Street in Murray Hill, between Park and Lexington avenues.
  • The building is one of the largest single-family homes in New York.
    The building is one of the largest single-family homes in New York.
  • The mansion’s eight floors are connected by a mahogany staircase and wood-panelled lift.
    The mansion’s eight floors are connected by a mahogany staircase and wood-panelled lift.
  • The Lanier House was classified by the NYC Landmarks Preservation Commission as representative of the Parisian Beaux-Arts style.
    The Lanier House was classified by the NYC Landmarks Preservation Commission as representative of the Parisian Beaux-Arts style.
  • The house is listed in the National Register of Historic Palaces.
    The house is listed in the National Register of Historic Palaces.
  • The mansion has nine bedrooms, including five suites, seven full bathrooms, as well as staff bedrooms.
    The mansion has nine bedrooms, including five suites, seven full bathrooms, as well as staff bedrooms.
  • Architectural features include carved stonework, wrought-iron balustrades, a copper roof, Ionic pilasters and tiger oak double-doors.
    Architectural features include carved stonework, wrought-iron balustrades, a copper roof, Ionic pilasters and tiger oak double-doors.
  • Three skylights ensure the space has adequate natural light.
    Three skylights ensure the space has adequate natural light.
  • The Laniers were the mansion’s first owners when it was built more than a century ago.
    The Laniers were the mansion’s first owners when it was built more than a century ago.
  • It is unclear who currently owns the property.
    It is unclear who currently owns the property.
  • The mansion is on the market for $33 million.
    The mansion is on the market for $33 million.
  • The reception hall has a marble fountain and a rose medallion ceiling decked with a crystal chandelier.
    The reception hall has a marble fountain and a rose medallion ceiling decked with a crystal chandelier.
  • Amenities include a gym, sauna, pool, massage room, wine cellar, and a courtyard garden with ivy trellises and a stone fountain.
    Amenities include a gym, sauna, pool, massage room, wine cellar, and a courtyard garden with ivy trellises and a stone fountain.

Nine-bedroom mansion from New York's Gilded Age on sale for $33 million


Razmig Bedirian
  • English
  • Arabic

An early 20th century New York mansion, decked out in marble and exemplifying the affluence of the city’s Gilded Age, has been put on the market for the first time in decades.

The James FD Lanier House, in Murray Hill between Park and Lexington avenues, was last sold in 1984 for $4.2 million and now has an asking price of $33m.

The building is one of the largest single-family homes in New York. It is 20 metres tall and spans more than 1,000 square metres over eight floors. Gilded Age socialites James and Harriet Lanier commissioned Hoppin and Koen to design the property, the architectural firm responsible for Springwood in Hyde Park, where American president Franklin D Roosevelt lived and worked.

The home is at 123 E, 35th Street in Murray Hill, between Park and Lexington avenues. Photo: Christie's
The home is at 123 E, 35th Street in Murray Hill, between Park and Lexington avenues. Photo: Christie's

The Lanier House was classified by the NYC Landmarks Preservation Commission as representative of the Parisian Beaux-Arts style. Listed in the National Register of Historic Palaces it is full of impressive architectural features, including carved stonework, wrought-iron balustrades, a copper roof, Ionic pilasters and solid tiger oak double doors.

The mansion has nine bedrooms, including five suites, seven bathrooms, as well as bedrooms for staff. The reception hall has a marble fountain and a rose medallion ceiling decorated with a crystal chandelier.

The mansion’s eight floors are connected by a mahogany staircase and wood-panelled lift. Three skylights ensure the space gets plenty of natural light.

Amenities include a gym, sauna, pool, massage room, wine cellar, and a courtyard garden with ivy-strewn trellises and a stone fountain.

While the Laniers were the mansion's first owners when it was built more than a century ago, it is unclear who currently owns the property. According to the New York Post, the 1984 deed shows a transfer from Unicorp American, a bank, which then sold the property to Peori Corporation NV, a company based in Curacao, an island in the South Caribbean Sea.

Ziina users can donate to relief efforts in Beirut

Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”

The most expensive investment mistake you will ever make

When is the best time to start saving in a pension? The answer is simple – at the earliest possible moment. The first pound, euro, dollar or dirham you invest is the most valuable, as it has so much longer to grow in value. If you start in your twenties, it could be invested for 40 years or more, which means you have decades for compound interest to work its magic.

“You get growth upon growth upon growth, followed by more growth. The earlier you start the process, the more it will all roll up,” says Chris Davies, chartered financial planner at The Fry Group in Dubai.

This table shows how much you would have in your pension at age 65, depending on when you start and how much you pay in (it assumes your investments grow 7 per cent a year after charges and you have no other savings).

Age

$250 a month

$500 a month

$1,000 a month

25

$640,829

$1,281,657

$2,563,315

35

$303,219

$606,439

$1,212,877

45

$131,596

$263,191

$526,382

55

$44,351

$88,702

$177,403

 

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Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

What is hepatitis?

Hepatitis is an inflammation of the liver, which can lead to fibrosis (scarring), cirrhosis or liver cancer.

There are 5 main hepatitis viruses, referred to as types A, B, C, D and E.

Hepatitis C is mostly transmitted through exposure to infective blood. This can occur through blood transfusions, contaminated injections during medical procedures, and through injecting drugs. Sexual transmission is also possible, but is much less common.

People infected with hepatitis C experience few or no symptoms, meaning they can live with the virus for years without being diagnosed. This delay in treatment can increase the risk of significant liver damage.

There are an estimated 170 million carriers of Hepatitis C around the world.

The virus causes approximately 399,000 fatalities each year worldwide, according to WHO.

 

Updated: April 25, 2022, 9:08 AM