Luxury Real Estate Headlines: Third Week in October 2017

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

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Price Upon Request | Dubai, United Arab Emirates | Gulf Sotheby’s International Realty

“Situated on a secluded stretch of sand in a gated community in Dubai, this 46,000-square-foot beach estate was designed to function both as a private retreat and an epic entertainment area.”

This Royal Beachfront Estate in Dubai Has a 200-Person Nightclub – Robb Report

$28 Million Washington State Mansion Hits Market for First Time in 50 Years – Mansion Global

A Place for a Baroness to Call Home – Wall Street Journal

7 Great Homes for Outdoor Entertainment – The Week

Affiliates of Sotheby’s International Realty Brand Pledge Funds for Over 150 Homes to New Story – Sotheby’s International Realty

Book a Place: Seven Houses with Literary Connections – Financial Times

5 City Homes with Stunning Water Views – Coastal Living

Midcentury Gem in Pasadena Hits the Market with a Fresh Look – Los Angeles Times

A Pinehurst, North Carolina Estate with Deep Golf History – Mansion Global

6 Beautiful Homes with Pools – The Week

Sun, Sea and City: Where to Buy a Second Home Next to an Urban Beach – The Telegraph

5 Homes Where You Can Enjoy the Changing Colors of Fall – Robb Report

Renovated Lower Haight Victorian Seeks $3.5 Million – Curbed

U.S. West Ski Homes Continue to See Steady Investment – Mansion Global

Cologne’s Buy-to-Let Boom Driven by Cheap Money – Financial Times

A Guide to Luxury Real Estate in Singapore – Bloomberg

Inside Banff and Whistler, Canada’s Most Luxurious Ski Spots – Mansion Global

London Art Auction for Grenfell Fire Survivors Raises $2.5 Million – The New York Times

LIVE Art | Louvre Abu Dhabi

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This November, the Arab world welcomes its first universal museum. Louvre Abu Dhabi’s museum galleries tell the story of humanity in twelve inspiring chapters. Each chapter focuses on shared themes and ideas that reveal common connections throughout humanity. The works on show range from prehistoric artifacts to contemporary artworks. The art on show comes from the museum’s collection alongside many masterpieces on loan from some of the most world-renowned French museums.

Celebrate this unprecedented occasion with three residences in the United Arab Emirates suited for displaying art from the comforts of home.

Dubai1Price Upon Request | Dubai, UAE | Gulf Sotheby’s International Realty

With unrivaled views of the Palm Jumeirah, Dubai Marina and the Dubai Eye, this boutique five-bedroom penthouse is for the discerning wanting a lifestyle with beachfront, shopping, and restaurants at your doorstep. Situated over three floors, it all comes up to the incredible rooftop terrace that includes lounge and barbecue areas, a swimming pool, upstairs pantry and living room that all take in the astounding Dubai views.

From Chinatowns to underground art scenes, discover guest features from around the world

Dubai210,000,000 د.إ AED | Dubai, UAE | Gulf Sotheby’s International Realty

This beautiful five-bedroom penthouse on The Golden Mile, Palm Jumeirah enjoys breathtaking views of the Marina Skyline. Finished to the highest quality, the home features an enormous outdoor balcony/terrace area. A rare opportunity to acquire one of Palm Jumeirah’s largest penthouse residences, strategically located on the Golden Mile trunk, this penthouse is ideal for modern families, working professionals, and lifestyle enthusiasts.

Dubai33,100,000 د.إ AED | Dubai, UAE | Gulf Sotheby’s International Realty

Situated in the heart of the Dubai Marina, this high-floor three-bedroom residence in the Torch was recently refurbished. It features high-end finishing and furnishing, unique interior appliques, and the unrivaled panoramic sea and marina views. The Torch is an 88-floor residential tower located in the Dubai Marina. It offers all the resort-style amenities one would desire, such as a pool, gym, steam room and sauna.

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We would like to thank Gulf Sotheby’s International Realty for supplying this feature.

Affiliates of Sotheby’s International Realty® Brand Pledge Funds for Over 150 Homes to New Story

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Sotheby’s International Realty Affiliates LLC and New Story, the brand’s charitable partner and a certified 501(c)(3) non-profit organization, announced today that the Sotheby’s International Realty® global network of affiliated companies and sales associates have pledged to donate funds for the construction of over 150 homes in an upcoming New Story community in Mexico.

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At the 2017 Sotheby’s International Realty Global Networking Event held in Las Vegas, Brett Hagler, CEO and co-founder of New Story, gave a moving presentation of the New Story mission to build communities of homes for those in need for $6,500 USD per home. Brett challenged the global audience of approximately 2,400 attendees to reach a goal of 100 home pledges during the two-day meeting. In the 32 hours that followed Hagler’s on-stage appearance, the goal was surpassed with over 150 homes pledged. Once fully-funded, these homes will provide a safe, sustainable living environment and unlock the potential for families to thrive.

How it Works:

Sotheby’s International Realty affiliated companies and sales associates made individual pledges to raise funds to cover the $6,500 USD cost of a sustainable home for a family in need. Once the pledges are funded:

  • 100% of all donations raised through Sotheby’s International Realty affiliated companies and sales associates will be directly applied by New Story to hiring local workers and buying local materials for the construction of homes in Aguascalientes, Mexico.
  • New Story’s operational costs are covered separately by a group of private donors called, The Builders, so all donations go straight to the field.
  • New Story works with local partners in-country to help identify families who have the greatest need.
  • Once families move in, New Story surveys the community over time to measure the exact impact a safe home has on the families’ lives.

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“A safe home provides the foundation for health, education and opportunity. When I met Brett Hagler and the New Story team, I felt inspired by their mission to build sustainable homes for those in need. Teaming up with New Story as a charitable partner allowed us to extend the services we provide daily: to help people discover homes that allow them to live their best life. I am overwhelmed by the generosity of the Sotheby’s International Realty network in support of this mission.”

– Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC

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“This was an extraordinary outpouring of generosity. We had ambitious expectations, but the Sotheby’s International Realty network went above and beyond. My favorite part was seeing how genuinely excited people were to give and join New Story’s mission. I know this is just the beginning of a brand partnership that together, will eventually change thousands of lives.”

– Brett Hagler, CEO and co-founder, New Story

Click here to learn more about New Story

Video of the Week: Captivating Cable Beach Penthouse in Nassau, Bahamas



$2,995,000 USD | Nassau, Bahamas | Damianos Sotheby’s International Realty

One of only three units in Bayroc of this size, PH 5 is one of the most stunning condominiums in all of Nassau. With breathtaking views over pristinely manicured lawns and the vibrant blues and greens of the Atlantic Ocean, this Penthouse encompasses 4,400 square-feet of elegantly appointed living space that has been completely customized and upgraded.

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Yahoo’s First CEO Lists His California Home for $19.4 Million

As recently reported by Bloomberg, Tim Koogle, Yahoo’s first chief executive office, is selling his $19.4 million home in Los Altos, California.

imagereader.aspx$19,400,000 USD | Los Altos, California | Today Sotheby’s International Realty

Originally built in 1955, this rare John Cooper Funk Mid-Century Modern home offers sweeping views from its 12 hilltop acres just minutes from downtown Los Altos. It was extensively renovated in the 2000’s by renowned architect Scott Johnson, bringing Koogle and his wife Pam Scott’s vision to life.

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The house comprises 5,440 square-feet of living space including four bedrooms and four-and-one-half baths; the grounds include an organic farm – one that started as a modest quarter of an acre but grew into something much larger, featuring fruit trees, vegetables, and more.

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Along with the landscaped grounds, the home’s exterior features a detached four-car garage and workshop, pool/guest house, and pool.

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Starting in 2004, the home served as host to the couple’s “Salawn Series,” where they invited friends to give outdoor talks on the property’s grounds; notable guests included Tesla’s Elon Musk, chef Alice Waters, and ex-Grateful Dead drummer Micky Heart.

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Koogle and his wife purchased the home shortly before they were married in in 2003; they are selling it after 14 years of ownership.

Learn more about Tim Koogle’s Los Altos home on sothebysrealty.com

The 2017 Sotheby’s International Realty® Global Networking Event

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The Sotheby’s International Realty® Global Networking Event (GNE), which took place from September 25th to September 27th in Las Vegas, Nevada, brought together approximately 2,400 members of the Sotheby’s International Realty network, with more than 155 of the brand’s companies represented from 34 countries and territories worldwide – topping last year’s event as the largest in the history of the company.

At the GNE, members of the Sotheby’s International Realty global team were afforded the ability to network with their peers from all over the world as well as attend breakout sessions featuring subject matter experts and visit a MarketPlace with all of the event’s sponsors.

Tracked with #SIRGNE, the hashtag was used over 900 times across Twitter, Facebook and Instagram. Here’s some of what people were saying on social media!

During the event, Kevin Thompson, the brand’s chief marketing officer, announced the LIVE Sotheby’s International Realty campaign; a transformative visual experience that captures the essence of the brand, the LIVE campaign embodies the sentiment that your best life begins with a home that inspires you.

In addition to learning and networking opportunities, this year, the Sotheby’s International Realty brand’s charitable partner, New Story attended the event. New Story, which builds communities of homes for those in need for $6,000 USD per home, challenged attendees to pledge 100 homes for a new community in Mexico.  At the end of the event, attendees surpassed the goal by pledging over 150 New Story homes.

Martha Stewart, founder of Martha Stewart Living Omnimedia and Jeff Hargett, senior corporate director of culture transformation at The Ritz-Carlton Leadership Center, were the keynote speakers on the event’s mainstage. They joined Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC; Francis X. Santangelo, senior vice president of global operations, Sotheby’s International Realty Affiliates LLC; and John Peyton, chief executive officer, Realogy Franchise Group, during the course of the proceedings.

Sotheby’s International Realty® 2017 Global Networking Event

Luxury Real Estate Headlines: Second Week in October 2017

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

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£4,975,000 GBP | London, England | United Kingdom Sotheby’s International Realty

“This quintessentially English Victorian mansion may be a grand, old red-brick period building set in a historic part of London, sandwiched between Westminster Cathedral and Buckingham Palace, but inside, Artillery Mansions’ penthouse is ultra-modern in both design and function.”

A Modern Penthouse with Views of Some of London’s Most Iconic Sights – Mansion Global

Fernando Botero Lists New York Home and Art Studio – Wall Street Journal

Sotheby’s International Realty Brand Announces Exclusive Alliance with Influential Japan News Publication, the Nikkei – Sotheby’s International Realty

An Expansive Villa in the Gated Community in the Heart of Dubai – Mansion Global

An Adirondack Camp with Room for Family – Wall Street Journal

For Sale: 10 Properties as Luxurious as Your Superyacht – Boat International

A Facelift for One of Manhattan’s Oldest Apartments – Wall Street Journal

Groucho Marx’s Former Home in Hollywood Hills West Fetches $3.81 Million – Los Angeles Times

The Most Common Obstacles to a Sale – and What to Do About Them – The New York Times

LIVE Fashion with Designer Osman Yousefzada – Sotheby’s International Realty

10 Dream Homes that Take City Dwelling to a Whole New Level – Elle Decor

Sotheby’s to Auction the World’s Largest Pink Diamond – Robb Report

LIVE | Fashion – Designer Osman Yousefzada

“I’ve always been attracted to transformation,” designer Osman Yousefzada says casually. “When something breathes… you build an emotive relationship with it.”


It’s been a few months since Osman journeyed to Brazil to interact with a striking home and find inspiration for his 2018 line. The dress from the end of the video played a starring role, and it is something special to Osman. “There is just this sort of ease to the dress. You know?” says Osman. “You’re still the belle of the ball or a cool thing on the red carpet, but it’s easy. It’s confident.”

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Coming off of a return trip from Paris, the London-based designer took a moment and reflected on his time with us in Brazil shooting LIVE | Fashion. “You know, it’s like not really fashion,” he clarifies. “We’re all craftsmen; I make dresses from materials and textures. I find patterns and look to mosaics. Whether it’s a home or dress, we see better versions of ourselves when we come into contact with these things.”

From Native American Art to Hand-Crafted Artisan Cuisine, Experience Lifestyles Like Never Before in the LIVE Sotheby’s International Realty Series

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When the dress is made available later this year, its production will remain special. Each dress will be a one-of-a-kind piece, with each one featuring colorful, hand-sewn beading. Osman’s original piece from the video was raffled off at the Sotheby’s International Realty® Global Networking Event last month to support New Story, a non-profit organization building homes for families in need. All of the proceeds went directly to helping build a community in Mexico.

Learn More About the Home From LIVE | Fashion

imagereader.aspxPrice Upon Request | Rio De Janeiro, Brazil | Bossa Nova Sotheby’s International Realty

We would like to thank Barney’s New York for connecting us with Osman and making this possible – browse pieces by Osman on barneys.com

LIVE Access

We all have a passion. We all have a dream. For some, it’s about adventure. For others, it’s about tranquility. Our dreams are as vast and varied as the world is wide, but they all start with inspiration and inspiration starts with our surroundings. That’s what home is – what you choose to surround yourself with. Home is where you truly LIVE.

LIVE Sotheby’s International Realty

Video of the Week: Expansive Golf Course Villa in Dubai



125,000,000 د.إ AED | Dubai, United Arab Emirates | Gulf Sotheby’s International Realty

Located in the most desirable sector of Emirates Hills, this expansive villa offers a unique, contemporary design fused with traditional architraves and uninterrupted views over the golf course and Dubai skyline. The property concept, spanning 32,000 square-feet of impeccably finished living space from the basement to rooftop, was based on light colors and mixes of well-researched finishing materials to achieve the underlying sense of tranquility, comfort, and luxury throughout the home.

Discover luxury home tours around the world

Sotheby’s International Realty Brand Announces Exclusive Alliance with Influential Japan News Publication, the Nikkei

First Luxury Residential Real Estate Brand to Showcase Property Listings Outside of Japan

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Sotheby’s International Realty Affiliates LLC has announced an exclusive alliance with the Nikkei, the most influential news publication in Japan, through the end of 2017.  The alliance enables the luxury residential real estate brand to generate Japanese buyer interest through the Nikkei’s digital platform which reaches over 29 million monthly readers.  The Sotheby’s International Realty® brand is the first real estate brand to present property listings outside of Japan to readers of the Nikkei, giving Japanese consumers access to residential real estate offerings in nearly 70 countries and territories.

“The Nikkei is the most widely circulated daily business publication in the world[i] and reaches an audience of highly-educated affluent Japanese consumers. A presence on the Nikkei furthers our strategy to showcase the most exciting properties in the world to an audience of highly-qualified real estate intenders. As the first real estate brand to promote properties outside of Japan through the Nikkei, we quickly realized what an amazing opportunity we had to support our substantial expansion in the Asia Pacific region.”

-Kevin Thompson, chief marketing officer, Sotheby’s International Realty Affiliates LLC

93.5% of all property searches originating in Japan are searching internationally[ii]. By being the first real estate brand to showcase properties from outside of Japan to readers of the Nikkei, the Sotheby’s International Realty brand is offering unprecedented access to a virtually untapped global market.

“The Sotheby’s International Realty brand is unrivaled in its reach to real estate intenders in the Asia Pacific region.  In addition to our alliance with the Nikkei, the brand also has existing partnerships with PropGOLuxury, Juwai, MyFun and WeChat, all of which offer unprecedented access to Asian consumers.  The opportunities afforded to us with these key regional players is a testament to the strength and power of the Sotheby’s International Realty brand.”

-Kevin Thompson, chief marketing officer, Sotheby’s International Realty Affiliates LLC

The Sotheby’s International Realty brand alliance with the Nikkei includes the following components:

  • Property Search – Sotheby’s International Realty property listings and high-definition videography will be translated and syndicated to a dedicated page on the Nikkei property listing site
  • Native Advertising – Sotheby’s International Realty will create custom branded editorial content that will be translated and promoted on the Nikkei property listing site
  • Brand Advertising – the Sotheby’s International Realty brand will run banner ad units across the Nikkei’s online edition (nikkei.com) and property listing pages

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To search property listings on the Nikkei, visit: propertylistings.nikkei.jp

[i] Nikkei, The Nikkei MEDIA DATA 2017
[ii] Mansion Global, website statistics, August 11, 2017-September 11, 2017