Sotheby’s International Realty Brand Expands Presence in Upstate New York

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Sotheby’s International Realty Affiliates LLC today announced that Timm Associates, Inc. in Old Forge and Blue Mountain Lake, New York is the newest member of its network and will now do business as Timm Associates Sotheby’s International Realty.

The firm was founded in 1989 and is owned and operated by Dawn Timm.  Timm Associates Sotheby’s International Realty will serve the luxury residential real estate market in the Central and Western Adirondacks region of New York.

“The Adirondack Mountains are a year-round retreat and an attractive market for those seeking a home that caters to an active lifestyle,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC.  “We are proud to welcome Timm Associates Sotheby’s International Realty to our global network.”

“The communities we serve offer an abundance of recreational activities and we enjoy sharing our love of the Adirondacks with our clients,” said Timm.  “We like to say we are selling a fun-filled lifestyle, but we also believe every client deserves the same exceptional service throughout the buying and selling process, no matter the size of the transaction.  Affiliating with the Sotheby’s International Realty® brand allows us the opportunity to provide our clients with an extraordinary global marketing platform.  We are thrilled to be Timm Associates Sotheby’s International Realty.”

Timm Associates Sotheby’s International Realty has offices in Old Forge and in Blue Mountain Lake.  With this addition, the Sotheby’s International Realty network has 62 branded offices throughout the state of New York.

The Sotheby’s International Realty network currently has more than 20,000 affiliated independent sales associates located in approximately 880 offices in 69 countries and territories worldwide.  In 2016, the brand achieved a record global sales volume of $95 billion USD.  Timm Associates Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website.  In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.  Each office is independently owned and operated.

Luxury Real Estate Headlines: Third Week in June 2017

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

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$49,500,000 USD | McLean, Virginia | TTR Sotheby’s International Realty

“Located on the banks of the Potomac River, the 7 acre estate is about 8 miles from downtown Washington. Its Georgian-style house measures about 23,000 square feet with nine bedrooms”

AOL’s Steve Case Lists Historic Merrywood Estate for $49.5 Million – Wall Street Journal

A Seaside Nantucket Compound Moonlights as the Perfect Summer Getaway – Mansion Global

Five Homes for Tree Lovers – Financial Times

8 of the Most Expensive Properties for Sale in Bermuda – Boat International

Homes Where You Can While Away the Hours – Wall Street Journal

A Penthouse on Lake Como with a Musical History – Mansion Global

NYC’s Delightful ‘Pumpkin House’ is Back for $4.25M – Curbed

For Sale: 6 Stunning Single-Story Homes – The Week

18 of the Oldest Homes in America for Sale – Architectural Digest

A New York Townhouse, Typewriter Included – Wall Street Journal

House Hunting in… Luxembourg – The New York Times

A Home for Literature in Prague – Financial Times

Milan’s Brera Neighborhood is Artsy Cool – and Upmarket, Too – Mansion Global

The Art of Living With and Within Art – T Brand Studio

10 Vineyard Homes You Can Actually Move Into – Elle Decor

Andy Warhol’s First Self-Portrait is on the Auction Block – Architectural Digest

Luxury Real Estate Headlines: Second Week in June 2017

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

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$2,375,000 USD | Princeton, New Jersey | Callaway Henderson Sotheby’s International Realty

“…[Moses] Pyne’s 1901 Neo-Tudor country house, Rockwood Dairy, was spared no expense, and these intricate details are still seen throughout the home.”

A 19th-Century Princeton Home with Original Details Throughout – Mansion Global

Onetime Los Angeles Home of Groucho Marx Lists – Wall Street Journal

Frank Lloyd Wright’s 150th Birthday: 5 Mid-Century Modern Homes for Sale – Robb Report

A 16th-Century Florence-Area Villa that May Have Been Designed by Michelangelo – Mansion Global

Three Gorgeous Waterfront Estates for Sale – Galerie

1925 Mediterranean-Style House Above the Sunset Strip Seeks $2.3M – Curbed

Six Homes in Remote Places for Buyers Seeking Maximum Privacy – Financial Times

An 18th-Century Irish Home Set on 31 Verdant Acres – Mansion Global

English Tudor Revival Pours on the Ambience in Altadena – Los Angeles Times

Buying a Second House Just Got Easier – Architectural Digest

Melbourne’s ‘Rock Solid’ Suburb of Toorak Has Been Desirable for Over 100 Years – Mansion Global

10 Gorgeous Homes That Get Luxe Mountain Living Right – Elle Decor

Diamond Ring Purchased for $13 as Costume Jewelry Sells for $848K – CNN

Sotheby’s to Auction Santiago Barberi Gonzalez’s New York Estate – WWD

Luxury Real Estate Headlines: First Week in June 2017

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

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$149,000,000 USD | Gateway, Colorado | LIV Sotheby’s International Realty

“With views of the surrounding multi-colored cliffs and La Sal Mountains, the house has an elevator and a two-level circular stone library with a domed roof.”

Discovery Channel Founder Lists Remote Ranch for $149 Million – Wall Street Journal

Buy a Beautiful Beachfront Home in Greece – Robb Report

In Melbourne, a Modern House with a Classical Air – Mansion Global

Beverly Grove Contemporary Takes a Balinese Approach – Los Angeles Times

House of the Week: IDEO Founder’s Californian Hideaway – WWD

Homes that Put the Ball in Your Court – Wall Street Journal

For Sale: 7 Homes by Notable Architects – The Week

5 Luxury Homes with Outrageously Beautiful Libraries – Forbes

Venice is Full of Secret Palazzos for Sale – Bloomberg

An Instant Landmark Raises its Dual Faces in Highland Park – Los Angeles Times

Amsterdam’s Canal Ring District Has Historic Charm and Water Views – Mansion Global

London’s Rivals: What Luxembourg Can Offer Relocating Financiers – Financial Times

House Hunting in… Canada – The New York Times

New Zealand Attracting Local and Foreign Buyers, Sees Price Jumps and Record Sales – Mansion Global

San Francisco: The New Hip Areas Attracting City’s Tech Workers – Financial Times

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

RM Sotheby’s 2017 Ferrari-only Auction Announced – Classic & Performance Car

Luxury Real Estate Headlines: Last Week in May 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 | Brisbane, Queensland, Australia | Queensland Sotheby’s International Realty

“In line with its Edwardian lineage, Ruhamah has extensive period features, including high pressed-metal ceilings, extravagant chandeliers, classic timber French doors and windows, and polished hardwood floors.”

An Edwardian Gem in Queensland – Mansion Global

Houses of Worship Converted to Homes – Wall Street Journal

Six Homes with Stunning Contemporary Architecture – Financial Times

Sotheby’s International Realty Brand Expands Presence in New Jersey – Sotheby’s International Realty

Is This the Most Beautiful Home on the Market in New Zealand? – Robb Report

A Mid-Century Modern Classic Tucked Away in Sausalito, California – Mansion Global

Five Properties with Designer Gardens – Financial Times

Sotheby’s International Realty Brand Expands Presence in Greece – Sotheby’s International Realty

A Sprawling Montana Estate on the Market for the First Time in Over 70 Years – Mansion Global

A Reborn Classic in Rittenhouse for $3.69 Million – Philadelphia Magazine

Sacramento is California’s Newest Real Estate Hot Spot – Wall Street Journal

Miraflores: Lima’s ‘It’ Neighborhood Thanks to Myriad Amenities – and a Beach, Too – Mansion Global

Spain’s Sotogrande: €50M Investment Heralds New Dawn for Resort – Financial Times

Choosing the Right Second-Home Market to Invest In – Mansion Global

10 Ultimate Waterfront Homes We’re Coveting Now – Elle Decor

Sotheby’s Sells Tamayo’s ‘Bird Charmer’ for $4.3M in NY – US News & World Report

Sotheby’s International Realty Brand Expands Presence in Greece

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€1.950.000 EUR | Rhodes, Southern Aegean, Greece | Rhodes Sotheby’s International Realty

Sotheby’s International Realty Affiliates LLC today announced it has signed a long-term franchise agreement with Greece One Realty Limited to further expand the Sotheby’s International Realty® brand presence in Greece and with Rodon Realty P.C. for the opening of Rhodes Sotheby’s International Realty in Rhodes.

Greece Sotheby’s International Realty is led by seasoned real estate professionals Savvas Savvaidis, president and chief executive officer, and Natalie Leontaraki, chief operations officer. Savvaidis also serves as the chief executive officer of Rhodes Sotheby’s International Realty. With a flagship office in the historic capital city of Athens, Greece Sotheby’s International Realty will continue to serve the luxury residential real estate market throughout the country and in key areas including Mykonos, Crete and Corfu, while Rhodes Sotheby’s International Realty will focus on the unique market in Rhodes, the largest of the Dodecanese islands of Greece.

“Greece and its islands are emerging as an attractive luxury real estate market in the Mediterranean,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “Rhodes is one of the most popular tourist destinations in Greece known for its rich history, beaches and 300 days of sunshine, and we are proud to have Savvas Savvaidis at the helm of this expansion within the country.”

“The luxury real estate sector in Greece has a promising future,” says Savvaidis. “Greece’s luxury tourism market is expanding rapidly while state-of-the-art golf resorts and branded mixed-use developments are creating a strong luxury footprint in the Mediterranean. Being a part of the Sotheby’s International Realty brand allows us access to unparalleled marketing platforms for these high-end developments, an excellent recipe for a successful business operation.”

The Sotheby’s International Realty network currently has more than 20,000 affiliated independent sales associates located in approximately 880 offices in 69 countries and territories worldwide. In 2016, the brand achieved a record global sales volume of $95 billion USD. Greece Sotheby’s International Realty and Rhodes Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

Property Lifestyles | Global Affluence: The Emerging Luxury Consumer

This week, we continue exploring the findings unveiled in the “Global Affluence: The Emerging Luxury Consumer” report.  When it comes to purchasing a home, emerging luxury consumers are particularly interested in pursuing certain property lifestyles including waterfront, metropolitan and historic.  Discover trending locations for these popular property lifestyles, based on data compiled from sothebysrealty.com.

Waterfront

The waterfront location with the highest year-over-year increase in search is New Hampshire.

New Hampshire

$2,649,000 USD | Moultonborough, New Hampshire | Four Seasons Sotheby’s International Realty

Waterfront properties available in New Hampshire include this custom-built estate on Lake Winnipesaukee.  The home includes 7,500 square-feet of living space, a 1,000-square-foot carriage house ideal for guests, 200 feet of shoreline and a deep-water U-shaped docking system.

Europe has also seen an increase in searches for the waterfront lifestyle, with three trending locations being the United Kingdom, Italy, and Germany.

Waterfront lifestyle destinations that have maintained a trending position year-over-year include Turks & Caicos, Australia, and Malibu, California.

Metropolitan

The metropolitan location with the highest year-over-year increase in search is Denver, Colorado.

Denver

$2,299,000 USD | Denver, Colorado | LIV Sotheby’s International Realty

Metropolitan properties available in Denver include this townhouse in the exclusive Riverfront Brownstones development.  Located in Downtown Denver, the residence spans over 4,000 square-feet and features floor-to-ceiling windows, master suite with a private balcony, plenty of outdoor living space and an attached three-car garage.

Additional trending metropolitan locations around the world include Boston, Massachusetts; Tokyo, Japan; Portland, Oregon; and Vancouver, British Columbia, Canada.

New York City is consistently one of the most popular metropolitan searches with trending neighborhoods including SoHo and the Upper East Side.

Historic

 The location for historic homes with the highest year-over-year increase in search is the Hudson Valley region of New York State.

Hudson Valley

$1,775,000 USD | Grandview, New York | Ellis Sotheby’s International Realty

Historic homes available in the Hudson Valley region of New York include this 19th-century cobblestone, craftsman-style estate.  Known as “Willow Knoll,” the home was built in 1891 by Joseph Ellicott, the inventor of the air brake and first commodore of the Tappan Zee Yacht Club.

Additional trending historic home locations around the world include New Orleans, Louisiana; Venice, Italy; India; Atlanta, Georgia; and Portugal.

For more information on the confidence of emerging luxury consumers, download the complete “Global Affluence: The Emerging Luxury Consumer” report by clicking here.

Sotheby’s International Realty Brand Expands Presence in New Jersey

Tim Kerr Sotheby’s International Realty to Serve Luxury Residential Real Estate Market  in Avalon and Stone Harbor, New Jersey

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Sotheby’s International Realty Affiliates LLC today announced that Tim Kerr’s Powerplay Realty in Avalon, New Jersey, is the newest member of its network and will now do business as Tim Kerr Sotheby’s International Realty.

Founded in 1992, the boutique firm is led by Owner Tim Kerr and Broker Ryan Vince. Tim Kerr Sotheby’s International Realty will serve the luxury residential real estate market in Avalon and Stone Harbor, New Jersey, along the shore community of Seven Mile Island.

“Tim Kerr and his team are homegrown professionals who are deeply knowledgeable about the local real estate market and have a proven track record of success,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC.  “Seven Mile Island is a charming beach community with an attractive luxury residential real estate market.  It is a dynamic area known for its family-friendly atmosphere, beach and water sports, restaurants, and exclusive shopping.  We are proud to welcome Tim Kerr Sotheby’s International Realty to our global network,”

“This community is not just where we do business, it is our home,” said Kerr.  “We are dedicated to providing personal service and building relationships to assure client satisfaction. The Sotheby’s International Realty® brand is the perfect complement to the unique and prestigious market of Seven Mile Island. Moreover, affiliating with the brand lends us a credibility and provides us with the tools and global connections to further grow our company.  We are thrilled to be representing the Sotheby’s International Realty brand in our local market.”

Tim Kerr Sotheby’s International Realty is located at 2821 Dune Drive in Avalon.  With this addition, the Sotheby’s International Realty network now has 41 branded offices throughout the state, giving the brand a significant presence in luxury residential real estate markets along the Jersey shoreline, from Rumson to Cape May, as well as major feeder markets to the shore.

The Sotheby’s International Realty network currently has more than 20,000 affiliated independent sales associates located in approximately 880 offices in 69 countries and territories worldwide.  In 2016, the brand achieved a record global sales volume of $95 billion USD.  Tim Kerr Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website.  In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.  Each office is independently owned and operated.

Luxury Real Estate Headlines: Third Week in May 2017

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

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$6,850,000 USD | Santa Rosa Beach, Florida | Scenic Sotheby’s International Realty

“And now this Santa Rosa Beach home, designed by Houston-based architect Scott Ballard and decorated by Houston-based interior designer Cathy Chapman, is on the market. The curb appeal of this white stucco home is irresistible, but on the other side of its sloped rooflines and curving walls is an unbeatable Gulf view—probably the house’s greatest selling point.”

This Incredible Home Once Graced the Cover of Coastal Living, and Now It’s on the Market – Coastal Living

Ziff Family Florida Estate Reduced to $165 Million – Wall Street Journal

Jeff Bridges Unloads His Vineyard Estate in Montecito for $15.9 Million – Los Angeles Times

This Sanit-Tropez Estate is Worthy of  a Bond Villain – Robb Report

Sotheby’s International Realty Brand Enters Wisconsin – Sotheby’s International Realty

Island Homes from Maui to Nantucket – Wall Street Journal

Midcentury Modern Classic Reboots as a Hipster Haven in Silver Lake – Los Angeles Times

The Most Grandiose French Fortresses on the Market – Gafencu

Tropical Modern: A Seductive Spin on Island-Style Homes – Wall Street Journal

Connecticut’s Gold Coast Bounces Back after Hurricane Sandy – Financial Times

House Hunting in… Como, Italy – The New York Times

San Juan Islands: The Hottest Luxury-Home Market in the Country – Wall Street Journal

The Coolest Eco-Friendly Homes on the Market Right Now – Elle Decor

Realogy Calls on Tech Start-ups to Demonstrate Their Real Estate Business Solutions at Live Competition – Realogy

$110 Million Basquiat Sold by Family Who Bought it for $19,000 – Bloomberg

Luxury Lifestyle | Global Affluence: The Emerging Luxury Consumer

This week, we continue our focus on “Global Affluence: The Emerging Luxury Consumer,” a report examining the confidence, spending habits and purchasing interests of those with $250,000 USD to $1 million USD in investable assets, known as emerging luxury consumers.  Today, discover the extraordinary lifestyles that these individuals lead.

The current spending patterns of emerging luxury consumers illuminate their high level of overall confidence.  This demographic not only dines out often and travels for leisure frequently, but in the next year, they plan to increase the amount of times they do each.

Last week, we learned that emerging luxury consumers are ready to purchase a home within the next three years.  In considering a home purchase, these individuals are inclined to choose a luxury home that will fit their lifestyle interests, with popular property lifestyles ranging from waterfront to wine and vineyard.

For more information on the confidence of emerging luxury consumers, download the complete “Global Affluence: The Emerging Luxury Consumer” report by clicking here.