Rhinebeck, New York | Market Spotlight

Rhinebeck New York$9,750,000 USD | Rhinebeck, New York | Heather Croner Sotheby’s International Realty

“Rhinebeck, in the very beautiful and historic Hudson Valley, has become a real destination these days, set against the backdrop of the Hudson River and the Catskill mountain range. Snow sports, summer sailing or hiking in the hills are for the taking depending on the time of year. The number of property sales this year in the Hudson valley has noticeably increased above 2013. However, the median selling price is unchanged. The average number of days on the market shows up as lower, indicating that properties are selling a little quicker for now. Most transfers are for existing houses already restored. Strict local zoning limits much new building, preserving the historical character of the area, and strong feelings about land conservation help maintain its natural beauty.” – Heather Croner, owner, Heather Croner Real Estate, Sotheby’s International Realty

Luxury Real Estate Headlines: Second Week in January 2015

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

2015_01_16_Hunter_NY$9,850,000 USD | Hunter, New York | Heather Croner Sotheby’s International Realty

Mountain Homes in Ski CountryThe Wall Street Journal

The Enduring English Style of Architect Edwin LutyensThe Wall Street Journal

Miami a leading luxury capital of the worldMiami Herald

On the Market: A loft residence in the Dallas Design DistrictArchitectural Digest

Best Buy Cities: Where To Invest In Housing In 2015Forbes 

The next Aspen is . . . Bethesda?Fortune 

A room with a Venetian viewCountry Life

Kym Gold’s Malibu House Relists for $26.5 MillionThe Wall Street Journal

The Most Powerful People in Residential Real EstateSwanepoel’s Power 200 List

Realogy’s grand vision for deploying ZipRealty’s technologyInman News

MoMA to Sell a Monet in LondonThe New York Times

Luxury Real Estate Headlines: First Week in January 2015

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.2015_01_09Puck Penthouse $66mil NY NY$66,000,000 USD | New York, New York | Sotheby’s International Realty- East Side Manhattan Brokerage

The uppermost duplex apartment in Manhattan’s Puck Penthouses will list for $66 million, according to listing agent Nikki Field. If it sells at asking price, it will be the most expensive sale in downtown Manhattan.”

Downtown New York Penthouse to List for $66 MillionThe Wall Street Journal

House of the Day: A Rhode Island Farm on the WaterThe Wall Street Journal

The Market Is Heating Up in the U.S. Virgin IslandsAOL Real Estate

House of the Day: An Island Hideaway in the PhilippinesThe Wall Street Journal

On the Market: A Greek Revival plantation in Palmetto, GeorgiaArchitectural Digest

On the Market: A historic Colonial saltbox in Holliston, MassachusettsArchitectural Digest

On the Market: A historic Colonial Revival in Atlanta, GeorgiaArchitectural Digest

House Hunting in … UruguayThe New York Times

House Hunting in … BelizeThe New York Times

10 Reasons 2015 Will Rock for Real EstateRealtor Mag

The sweet sell of success: These are the top 10 most expensive homes sold in the D.C. region in 2014The Washington Post

Luxury Home Sales Boomed In Many Canadian Cities In 2014: Sotheby’sHuffington Post Canada

Weldon Collection of Paintings to Be Sold at Sotheby’sThe New York Times

Striking Waterfront Home in East Hampton, New York | Video House Tour

This striking and sculptural contemporary is a modern cutting edge masterpiece, designed by award-winning architects Bates Masi. Perfectly situated on the water for magnificent direct sunsets, it overlooks 125 feet of supremely private Bay frontage.

$5,750,000 USD | East Hampton, New York | Sotheby’s International Realty- East Hampton Brokerage

Elegant Georgian Estate in New York / Video House Tour

Enter the gates up a gently winding road arriving at Rabbit Hill, a majestic 1928 estate designed by Mott Schmidt, one of the last masters of American Georgian architecture. Schmidt’s works include New York City’s Gracie Mansion and Sutton Place and selected commissions for the neighboring Rockefeller family.

$10,900,000 USD / Scarborough, New York / Hudson Homes Sotheby’s International Realty

Historic Home in Westchester, New York / House Tour

Designed by William Bates and completed in 1896, Wildwood is located in Bronxville, New York and was extensively renovated in 2001 to luxury standards. It has the original Victorian-style windows, hardwood floors and 3 historic fireplaces.

Bronxville, New York / Julia B. Fee Sotheby’s International Realty

Luxury Real Estate Headlines: Last Week in April 2014

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

Hotel Carlyle Apartment / Manhattan

$4,900,000 USD / New York, New York / Sotheby’s International Realty – East Side Manhattan Brokerage

“For the first time, the Chinese have become the biggest foreign buyers of apartments in Manhattan, real estate brokers estimate, taking the mantle from the Russians.”

The Chinese take Manhattan: replace Russians as top apartment buyers - Reuters

Ron Howard Lists Longtime Home for $27.5 MillionThe Wall Street Journal

Monumental Architectural CompoundHaute Living Magazine

Home of Renowned Architect Harry Leslie Walker Hits Market in New YorkThe Daily Voice

New York Times Pitches a Surge of Digital VideoAdAge

Big Ticket / For $13.4 Million, Hitching Post IncludedThe New York Times

Calgary luxury home market sets another recordCalgary Herald

Million-Dollar Home Sales Thrive While Low End StumblesBloomberg

Resort Living in the Philippines / Asia House of the Day - The Wall Street Journal

Mediterranean-style estate in Wine Country / House of the Day - The Wall Street Journal

What Shanghai Looked Like 140 Years Ago / Sotheby’s - WSJ / China RealTime Blog

Eco-friendly Homes in Honor of Earth Day

Today is Earth Day, the annual event where the world comes together to advocate for environmental protection. In honor of this day, we’re showcasing 5 green luxury homes that were built with the consideration of the environment in mind.

Luxury Eco-Estate / South AfricaR 8 950 000 ZAR / Somerset West, South Africa / Lew Geffen Sotheby’s International Realty

Rigorous planning, convivial collaboration and creative freedom from architect Vernon Head, achieved a class act architecture design. With uninterrupted views over False Bay, this eco-friendly home was designed for both function and drama. Emphasis was placed on careful design, sensitive landscaping, energy efficiency in construction and general conservation of the indigenous vegetation. Breathtaking panoramic views are framed through walls of glass and the indigenous habitat can be enjoyed from all angles of this glamorous yet serene home.

Luxury Green Houses / The Hamptons, New York$6,400,000 USD / East Hampton, New York / Sotheby’s International Realty-East Hampton Brokerage

This stunning modern home was designed with an enlightened approach to modern sustainable waterfront living and minimalist design. Custom designed by Bates Mas + Architects, the home overlooks a private bay with continuous water views from every room. Striking and sculptural, the exterior is uniquely constructed of two simple rectangular volumes integrating slate, wood, and walls of glass. The green design interior offers 5 bedrooms, 4.5 baths, 2 fireplaces, a sleek chef’s kitchen and spacious main rooms that effortlessly blend natural materials with dramatic modern design.

Eco-friendly Luxury Homes for Sale Portugal

980.000 € EUR / Sintra, Portugal / Portugal Sotheby’s International Realty

Located in Várzea de Sintra, this contemporary house is set on a vast plot of land that is  surrounded by a verdant landscape which includes an organic vegetable garden. The interiors of the house were built with superior quality, maximum comfort and environmental care, including use of the geothermal heating and self-sustainable water. Straight lines and large glass windows provide a sense of space and pureness.

Eco-friendly Green Homes for Sale / Quebec, Canada

1 500 000 $ CAD / Hudson, Canada / Sotheby’s International Realty Quebec

A private road leads to this one-of-a-kind eco-friendly modern estate set on 5 acres that backs onto the Falcon golf and bird sanctuary.  The property includes ponds, gardens, fruit trees and waterfalls. Published in many magazines, this rammed earth residence is one of the most sustainable, energy-efficient homes in Canada. Designed by award-winning architect Sudhir Suri, this unique energy efficient home blends serenity, world-class luxury and environmental awareness. Geothermal energy, radiant floor heating and solar passive house design confer abundant winter warmth, while breathing rammed earth walls and 17-foot ceilings based on classic golden mean geometry provide ambient summer cooling.

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$1,700,000 USD / Con Dao, Vietnam / Vietnam Sotheby’s International Realty

With the simple design, Six Senses Con Dao villa ensures low environmental impact, including maximizing natural light and ventilation. The only five-star property on the Con Dao island and is being benchmarked by Green Globe 21, the sustainable development, construction and operation label by the World Tourism Organization. Located off the southeast coast of Vietnam, this luxury resort offers spectacular views, protected tropical forests and pristine white beaches. The villa features a private massage pavilions, indoor and outdoor garden bathrooms and come well appointed with custom kitchens with individual wine cellars, built-in sound systems, flat screen TVs. The owners can also enjoy the resort facilities, such as a cooking school, two restaurants, two bars, a library and a state-of-the-art gym.

Long Island, New York Real Estate / Market Spotlight

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mansions for sale long island

$11,400,000 USD / Lloyd Harbor, New York / Daniel Gale Sotheby’s International Realty

“On Long Island, the big question continues to be, ‘how’s your market?’ The answer? Very promising,” said Patricia J. Petersen President and chief executive officer at Daniel Gale Sotheby’s International Realty.

“Most economists define a housing recovery as one with continuous price appreciation,” continues Petersen. “Our appreciation is modest in some areas, but certainly not all. Yet the first ten months of 2013 for closed residential transactions in Nassau and Suffolk Counties improved dramatically from 2012 — over 20% (sales volume) on average based on MLS data. Since ‘average’ has never been my goal for our 21 sales offices, we’re up over 35% (sales volume) and have almost 40% more (sales volume) under contract than 2012, when I compare our performance to MLS. Results do count. And I’m raising our ‘bar’ for 2014 too.”

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NYC Real Estate / Market Spotlight

Manhattan Luxury Real Estate Market

$9,750,000 USD / Manhattan, New York / Sotheby’s International Realty-Downtown Manhattan Brokerage

“We are continuing to see the robust sales momentum triggered during the ending months of 2012, says Nikki Field, senior global real estate advisor Sotheby’s International Realty-East Side Manhattan Brokerage. Foreign buyers have proven to be the main instrumental market force. Europeans have been joined by Canadians, Brazilians, Asians and Russians in signaling confidence in both the US and the dollar. Many foreign investors believe that real estate is the new global currency, and the run-up of international purchases here in New York support that theory.

Compelling factors fueling the international invasion of buyers include the commonly held opinion that New York remains more affordable than other major global cities and the perceived upside to the long-term investment potential of our market. New York, long heralded as a safe haven for wealth, offers stability both economically and politically. Specifically, the Manhattan luxury market in 2012 ended with one of the top quarters ever recorded, which is directly responsible for the tight mid-year 2013 market. Inventory is at historic lows. This alone has had the biggest impact on the velocity of the market. Thanks to the momentum of global demand, we currently have a healthy, stable Manhattan market.”

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