luxurious mansions, private jets, expensive cars. the life of pro athletes seems perfect. they get paid millions to play the games they love, but what happens when their careers are over? recently, it was revealed nba star baker was working in starbucks after his basketball career ended, baker ran into financial trouble and now supports his family by working in the coffee chain. baker isn't the only former athlete to face financial trouble. according to the national bureau of economic research, nearly 16% of former nfl players declare bankruptcy. and unlike most americans who work until 65, athletes have very short careers. the average nfl player's career is over in just six years. it's worse for baseball and basketball layers. many players don't have a plan for life after sports. to help, pro leagues add job training and counselling but the lesson is the same. plan ahead and live within your means. it may be hard to feel sorry for athletes who had it all and lost it, but there are valuable lessons for all. joining us is drew hawkins, managing director and the head of morg

he spent his money on every kind of luxury you can imagine. he was building a mansionbought cars, like a lamborghini. >> narra

luxurious homes in the country. we'll stop by atla a's most expensive mansion, and linda hogan's opulent tuscan-style villa in california. plus, batter up, we are heading north of seattle to a home tricked out with its own field of dreams. but first, we're in miami, where a new generation of luxury home sellers are taking the city, and the world, by storm. danny hertzberg: it's such a global market today that we need to utilize social media digital advertising strategies, and we're going to take you through that discussion. [music playing] welcome to open house. today i'm coming to you from a serene waterfront estate in rye, new york. situated on more than four acres of land, this home offers breathtaking water views of the harbor and the long island sound. there's plenty of outdoor entertaining space where you antkyour guests can enjoy beautiful sunsets. inside doesn't disappoint either. from the moment you enter into the grand foyer, you'll be greeted by a sweeping staircase, remarkably high ceilings, and exquisite details throughout the home. and we begin our tour of luxury homes from coast to coast in miami, with th

mansions and millionaires. another tropical paradise, this one with a great celebrity lineage. >> this is no casual escape. understated elegant meets the luc luxurious. 460 renovated rooms. >> and more two bedroom suites than any resorts in hawaii. >> these are mini luxury apartments inside. the real appeal, the most amazing view of the pacific. >> families can come in and relax and have enough space. >> upgrade anyone. >> 2,600 square feet, a thousand dollars a night. they love the feet. huge open dining area, heavenly bedrooms and a balcony large enough to host a lieu. >> just a fantastic spot. >> just steps away, a golfing paradise. offering two of the most stunning courses you'll ever see, the challenging bay course sits right on the water and the world renowned plantation course gives you gorgeous panoramic views of the island and one of the toughest rounds you'll ever play. >> we host the hyundai tournament of champions which is the opening event for the fga tour. >> taking the hawaii waters at the wet lounge, the spa. finish the day at the ritz's signature restaurant. the banging tree. so when should you book? >> great time to come to the res

mansion in philly. this five floor masterpiece offers five bedrooms, four full baths, and more than 8,000 square feet of living space. this expansive home epitomizes high end luxury. hi i'm margaux pelegrin with berkshire hathaway home services fox and roach realtors, and welcome to the city of brotherly love. philadelphia has always been known for our history and culture. but most recently has been recognized as a world class destination for arts, food, and real estate. and today i'll be taking you on an exclusive tour of this magnificent property located in rittenhouse square, one of the most coveted neighborhoods in philadelphia. the first thing you'll notice as you approach this home is its historic and stately facade. but what lies behind these two red doors is a completely different story. come see what i mean. the first of many wows of this home starts right here in the entryway. it's light, it's modern, it's completely unexpected. this home boasts almost 9,000 square feet, spanning over five floors of open and spacious living, and is truly a modern masterpiece of glass and light. this home's unique architectural design was inspired by the current owner's

luxury design project in las vegas. we're at a home in bedford, new york that's both stately and serene. old friends hunt for a new pad in new york city. but first, a rare historic philadelphia mansion with modern interiors. margaux pelegrin: this home's unique architectural design was inspired by the current owner's love of minimalist art. [theme music] welcome to "open house." i'm here in manhattan's upper west side inside a newly renovated town home. it's been completely restored and re-imagined for 2015. it features modern and high end amenities

pull their bam burr geenys and [inaudible] because they live in a mansion in another country or down the peninsula. no, we do not build luxury condoes with zero on site affordable housing. we shouldn't look at projects that don't offer a minimum of 33 percent affordable. you know that, that is prop k. the voters said that. it should have been enforceable. now it is a notion thatia can ignore and ignoreed over and over again. enough. i can't imagine this project would be approve. thank you. >> can i have the overhead? what i'm trying to show you is the area that this project is on. commissioner got this from neighbors but i want to point out something else. these are all redevelopment areas. these pointy things are all redevelopment set backs. there is affordable housing right across the street from this building. why? because redevelopment agency had too overwhelming concerns, a there had to be affordable housing and renting housing at the rincon annex which is across the street. there rufordable unit there. there are a lot of affordal units because that was redevelopment policy mps the second thing redevelopment did is they

pull their bam burr geenys and [inaudible] because they live in a mansion in another country or down the peninsula. no, we do not build luxuryzero on site affordable housing. we shouldn't look at projects that don't offer a minimum of 33 percent affordable. you know that, that is prop k. the voters said that. it should have been enforceable. now it is a notion thatia can ignore and ignoreed over and over again. enough. i can't imagine this project would be approve. thank you. >> can i have the overhead? what i'm trying to show you is the area that this project is on. commissioner got this from neighbors but i want to point out something else. these are all redevelopment areas. these pointy things are all redevelopment set backs. there is affordable housing right across the street from this building. why? because redevelopment agency had too overwhelming concerns, a there had to be affordable housing and renting housing at the rincon annex which is across the street. there rufordable unit there. there are a lot of affordal units because that was redevelopment policy mps the second thing redevelopment did is they followed the