logo
Kain Warwick has sold his NYC penthouse for $29M

Kain Warwick has sold his NYC penthouse for $29M

New York Post5 days ago
Australian crypto entrepreneur Kain Warwick has sold his four-story West Village 'glass box' penthouse at 601 Washington — with a plunge pool and a rooftop hot tub — for $29 million, according to property records.
Warwick is taking a hit on the splashy spread, which he bought as a pied-à-terre for $30.65 million in 2021. The residence was asking $36.5 million last December.
Warwick is the founder of Synthetix — a crypto-based derivatives platform — and Infinex, a crypto company.
9 The residence fills with light.
The Real Estate Production Network
9 The great room is made of grand proportions.
The Real Estate Production Network
9 There's plenty of room for dining — with a view.
The Real Estate Production Network
9 A view into the kitchen.
The Real Estate Production Network
In 2021 — the same year that Warwick bought this penthouse — two of his three brothers, Kieran and Aaron Warwick, briefly became billionaires, separately, for their role with their other brother Grant in creating a crypto computer game, Illuvium. It allows players to own their in-game assets, NFT 'monsters,' that they capture, trade or keep.
This 'townhouse in the sky' comes with six bedrooms, six baths, two powder rooms, a private elevator and up to 16-foot-high ceilings — along with multiple outdoor spaces.
It opens on the seventh floor with a gallery that leads to a 43-foot great room and a 25-foot chef's kitchen. There's also a dining area that showcases downtown views from sliding glass doors that open to a wrap terrace.
9 One of the home's six bedrooms.
The Real Estate Production Network
9 The outdoor space is a delight.
The Real Estate Production Network
9 There's space for covered dining.
The Real Estate Production Network
9 At night, the pool dazzles.
The Real Estate Production Network
9 The pool looks out to the Hudson River.
The Real Estate Production Network
Upstairs, there's a full-floor main bedroom suite with walk-in closets, a gas fireplace and a spa-like bath.
Outside, there's a summer kitchen, a pergola-shaded dining area, a fire pit and that plunge pool with an infinity edge — all with downtown views that include One World Trade Center and the Hudson River.
Shibumi Development's nine-story, 10-unit condo building was designed by BKSK Architects.
The listing brokers were Serhant's Scott Francis, Sara Gore, Ashley Brooke and Ryan Serhant.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Top 10 Tech Trends 2025 Transforming the Future of Work
Top 10 Tech Trends 2025 Transforming the Future of Work

Time Business News

time2 hours ago

  • Time Business News

Top 10 Tech Trends 2025 Transforming the Future of Work

Technology in 2025 is evolving faster than ever. From artificial intelligence to blockchain, augmented reality to automation, these innovations are not just buzzwords—they're reshaping the way we work, collaborate, and grow businesses. Understanding these trends can help you stay ahead of the curve, whether you're a student, entrepreneur, or tech enthusiast. In this article, we'll explore 10 major tech trends transforming workplaces in 2025. AI is no longer a background tool—it's actively shaping daily workflows. Tools like ChatGPT, Claude, and Gemini handle everything from drafting emails to analyzing complex data. Businesses are integrating AI agents into customer service, marketing, and operations, reducing manual tasks and boosting efficiency. Read more: Best AI Tools for College Students Web3 technologies are creating decentralized work opportunities. Blockchain-based freelancing platforms allow for secure payments, transparent contracts, and global collaboration without middlemen. Digital identities and NFT-based certifications are becoming part of professional portfolios. With AR headsets becoming lighter and more affordable, remote teams can meet in shared virtual workspaces. Imagine discussing a product prototype with 3D holograms instead of slides. Industries like design, architecture, and engineering are embracing AR for collaboration. Automation tools powered by AI and no-code platforms like and Zapier are streamlining repetitive tasks. From data entry to social media scheduling, employees are focusing on strategic tasks while bots handle the mundane. With cyber threats becoming more sophisticated, AI-driven security tools monitor systems in real-time, detecting and neutralizing threats instantly. Predictive analytics help businesses stay ahead of potential breaches. Hybrid work is evolving into 'Remote Work 2.0' with companies offering fully digital onboarding, virtual offices, and AI-driven productivity monitoring. Tools like Notion AI and Microsoft CoPilot help remote teams stay organized. Sustainability is no longer optional. Green technology, from AI-powered energy management to carbon tracking software, is helping companies meet ESG goals while cutting costs. Non-technical professionals can now create apps, automate workflows, and launch websites using low-code/no-code tools. Platforms like Webflow, Softr, and Lovable empower creators to build without writing complex code. Related: Top Low-Code SaaS Platforms in 2025 Hiring is becoming smarter with AI tools that screen resumes, assess skills, and even conduct initial interview rounds. This speeds up recruitment and reduces bias. Online learning platforms now offer AI-driven personalized learning paths. Employees can upskill with tailored courses based on their career goals and skill gaps. The workplace of 2025 is a blend of human creativity and advanced technology. Staying informed about these trends ensures you remain competitive and adaptable in a rapidly changing world. Check out the latestprompt for trending AI tools, tech innovations, and productivity tips for 2025 and beyond. Q1. What is the biggest tech trend in 2025? AI continues to dominate, but AR, Web3, and sustainable technology are also shaping industries. Q2. How is Web3 changing work? It's enabling decentralized, secure, and transparent work platforms that bypass traditional intermediaries. Q3. Do I need to learn coding to stay relevant? Not necessarily. Low-code and no-code tools allow non-programmers to build complex solutions. Q4. Which industries benefit most from AR? Architecture, engineering, healthcare, and product design see the most impact from AR-based collaboration. TIME BUSINESS NEWS

Glencore copper equivalent production grows 5% in H1 2025
Glencore copper equivalent production grows 5% in H1 2025

Yahoo

time8 hours ago

  • Yahoo

Glencore copper equivalent production grows 5% in H1 2025

Glencore has reported a 5% year-on-year (YoY) rise in copper equivalent (CuEq) production in the first half of 2025 (H1 2025). The growth was primarily attributed to the inclusion of steelmaking coal volumes from Elk Valley Resources (EVR), which Glencore acquired in July 2024. Steelmaking coal production totalled 15.7 million tonnes (mt). Own-sourced copper production stood at 343,900 tonnes (t) in H1 2025, a 26% slump YoY, mainly due to lower head grades and recoveries. The recoveries contributed to the reduced outputs from Collahuasi, Antapaccay, Antamina and KCC. Conversely, cobalt production saw a 19% increase to 18,900t in H1 2025, largely due to higher grades and volumes at Mutanda. Zinc production experienced a 12% uplift, with 465,200t produced. This was mainly due to higher grades at Antamina and increased production at McArthur River. Nickel production faced a 7% decline, with Murrin Murrin's maintenance downtime impacting results. The company's ferrochrome production was reduced by 28% to 433,000t. This was a strategic response to smelting conversion margin pressures, leading to the suspension of operations at the Boshoek and Wonderkop smelters. Energy coal production remained steady at 48.3mt, with stronger Australian production offsetting cuts at Cerrejón. Glencore CEO Gary Nagle said: 'A comprehensive review of our industrial asset portfolio during the period recognised opportunities to streamline our industrial operating structure, to optimise departmental management and reporting, and to support enhanced technical excellence and operational focus. 'This review also identified c.$1bn of cost savings opportunities (against a 2024 baseline) across our various operating structures, which are expected to be fully delivered by the end of 2026. H2 2025 is expected to already generate significant cost savings resulting from these initiatives – further details will be provided in our half-year results on 6 August.' Glencore has revised its full-year forecast for 2025, narrowing the expected copper production range to 850,000–890,000t from the previous estimate of 850,000–910,000t. It also revised its long-term EBIT (earnings before interest and taxes) guidance range to $2.3bn (SFr1.87bn)–$3.5bn per annum, from the $2.2bn–$3.2bn in place since 2017. The revision was influenced by the sale of Viterra to Bunge, growth in core businesses and inflationary pressures. The company also said it invested approximately $1.1bn into non-RMI (readily marketable inventories) working capital in H1 2025, focusing on high-return commodity pre-pay and lending opportunities. Glencore's Ferroalloys business has indefinitely suspended operations at the Boshoek and Wonderkop smelters until the ferrochrome market has sufficiently recovered, and is undertaking maintenance at the Lion smelter. "Glencore copper equivalent production grows 5% in H1 2025" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Vista Gold to Participate in Australia's Diggers & Dealers Mining Forum 2025
Vista Gold to Participate in Australia's Diggers & Dealers Mining Forum 2025

Yahoo

time9 hours ago

  • Yahoo

Vista Gold to Participate in Australia's Diggers & Dealers Mining Forum 2025

DENVER, August 01, 2025--(BUSINESS WIRE)--Vista Gold Corp. (NYSE American and TSX: VGZ) today announced that it will be participating in the upcoming Diggers & Dealers Mining Forum taking place August 4-6, 2025, in Kalgoorlie, Western Australia. Diggers & Dealers 2025 is Australia's leading mining forum, with more than 2,700 attendees and over 150 exhibitors. The forum is a key event for mining leaders, developers, explorers, brokers, bankers, investors, financiers and mining service industries from around the world. Vista's President and CEO, Fred Earnest, along with Chief Financial Officer, Doug Tobler and General Manager Australia, Brent Murdoch will be meeting with industry peers and representatives from the Australian financial community. Our leadership team will also be available to discuss details about the recently announced results of the new Mt Todd feasibility study and the new direction in our development strategy that positions Mt Todd for near term development. About Vista Gold Corp. Vista holds the Mt Todd gold project, a leading development-stage gold deposit located in the Tier-1 mining jurisdiction of Northern Territory, Australia. The project offers significant scale, development optionality, growth opportunities, advanced local infrastructure, community support, and demonstrated economic feasibility. For further information about Vista or Mt Todd, please contact Pamela Solly, Vice President of Investor Relations, at (720) 981-1185 or visit the Company's website at Forward Looking Statements This news release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933, as amended, and U.S. Securities Exchange Act of 1934, as amended, and forward-looking information within the meaning of Canadian securities laws. All statements, other than statements of historical facts, included in this news release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as the Company will be participating in the upcoming Diggers & Dealers Mining Forum 2025 taking place August 4-6, 2025 in Kalgoorlie, Western Australia; the Company's President and CEO, Chief Financial Officer, and General Manager Australia will be meeting with industry peers and representatives from the Australian financial community; the Company's leadership team will also be available to discuss details about the recently announced results of the new Mt Todd feasibility study and the direction of the Company's development strategy that positions Mt Todd for near term development; the Company's belief that Northern Territory, Australia is a Tier-1 jurisdiction; the Company's belief that Mt Todd offers significant scale, development optionality, growth opportunities, advanced local infrastructure, community support, and demonstrated economic feasibility; and statements related to the Company's strategy are forward-looking statements and forward-looking information. The material factors and assumptions used to develop the forward-looking statements and forward-looking information contained in this news release include the following: the Company's forecasts and expected cash flows; the Company's projected capital and operating costs; the Company's expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mine development or mining activities will remain consistent; the Company's approved business plans, mineral resource and reserve estimates and results of preliminary economic assessments; preliminary feasibility studies and feasibility studies on the Company's projects, if any; the Company's experience with regulators; political and social support of the mining industry in Australia; the Company's experience and knowledge of the Australian mining industry and the Company's expectations of economic conditions and the price of gold. When used in this news release, the words "optimistic," "potential," "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate" and similar expressions are intended to identify forward-looking statements and forward-looking information. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements. Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on the Company's operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; and uncertainty as to completion of critical milestones for Mt Todd; as well as those factors discussed under the headings "Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's latest Quarterly Report on Form 10-Q as filed in May 2025, and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Except as required by law, the Company assumes no obligation to publicly update any forward-looking statements or forward-looking information whether as a result of new information, future events or otherwise. View source version on Contacts Pamela Solly, Vice President of Investor Relations(720) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store