Luxury Real Estate Headlines: Fourth Week in September 2017

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

imagereader

Price Upon Request | Venice, Italy | Venice Sotheby’s International Realty

“The highly decorative apartment boasts a main floor filled with extensive and grand reception rooms that house several 18th-century murals painted by Rococo pastelist Pietro Antonio Perotti”

A Private Venice Palazzo is an Art Lover’s Dream – Mansion Global

Woolworth Building Penthouse Hits the Market for $110 Million – Wall Street Journal

Meet the New COO of Sotheby’s International Realty – Inman News

Seven Homes Built for Lateral Living – Financial Times

The Luxurious Monaco Properties to Invest in Now – Boat International

Veteran Jazz Bassist Moonlights as a Landlord in Studio City – Los Angeles Times

5 Homes That Will Make Die-Hard Sports Fans Cheer – Robb Report

House Hunting in… Helsinki, Finland – The New York Times

The Ibizan Scene Grows Up – Financial Times

Pelham, NY: Close to the City, but With a Friendly Vibe – The New York Times

Someone Bought a House in Texas Using Bitcoin – EconoTimes

10 Vineyard Homes You Can Actually Move Into – Elle Decor

Sotheby’s to Auction 90 Years of Little Black Dresses – WWD

Sotheby’s Upcoming Diamond Auction to Feature Rare Stones – South China Morning Post

Video of the Week: Sleek, Modern Home in Uusimaa, Finland

2.370.000 € EUR | Uusimaa, Finland | Snellman Sotheby’s International Realty
A unique home with international elegance in one of the most popular living areas in Finland, this house’s stylish interior, qualitative materials and high-tech solutions make this the perfect villa. The spacious, airy living areas with impressive ceiling-height, open fireplace, and lightning shelf designed by designer Vertti Kivi are striking and inviting. From the living room you have direct access to the glassed terrace, where an open fireplace and infra heater makes this space welcoming. Both the terrace and the living room are equipped with electrically driven curtains for ultimate privacy.

Discover luxury home tours around the world

#TravelTuesday | Fodor’s GO List 2017 – Part II

This #TravelTuesday, join us as we continue our discovery of properties in some of the hottest cities ranked in the Fodor’s 2017 GO List.

Wellington, New Zealand

1 - New Zealand

$4,200,000 NZD | Wellington, New Zealand | New Zealand Sotheby’s International Realty

Fodor’s suggests visiting Wellington during its warmest months – December through March.  Nestled on over 2.5 hectares of land, this contemporary masterpiece was designed by renowned architect John Mills.  The home spans more than 5,000 square-feet and includes four bedrooms, indoor and outdoor living spaces, a wall of windows framing views of the surrounding rugged hillside and a recreational annex with sauna and heated swimming pool.

Saxony, Germany

2 - Germany

€3.500.000 EUR | Saxony, Germany | Berlin Sotheby’s International Realty

This May through October, plan a trip to Saxony.  A unique old-meets-new property, the estate comprises a modern main house built in 2012 as well as a renovated natural stone house originally built in the 19th century that serves as a guest house.  With sharp lines and sleek finishes, the main house boasts an open living space and indoor swimming pool.

Oaxaca, Mexico

3 - Mexico

$985,000 USD | Oaxaca, Mexico | Guadalajara Sotheby’s International Realty

Oaxaca is a year-round destination.  A multi-level villa, this property spans 9,735 square-feet and features nine bedrooms, a 30-person dining area, indoor and outdoor living spaces and a pool.  Constructed in a Mexican Colonial-style, the home was built using natural regional materials, has talavera ceramic finishes and is in close proximity to the beach.

Lima, Peru

4 - Peru

$1,550,000 USD | Lima, Peru | Peru Sotheby’s International Realty

Lima is another year-round destination, but the weather is especially favorable during its summer months of January through March.  Overlooking the city, this duplex penthouse has five bedrooms, a 12-person dining room and private elevator access.  There is additionally a large terrace complete with a pool, state-of-the-art BBQ and pizza oven.

Helsinki, Finland

5 - Finland

€2.320.000 EUR | Helsinki, Finland | Snellman Sotheby’s International Realty

Fodor’s recommends a trip to Helsinki during the summer months.  A two-story loft apartment, this residence is located in the heart of the city.  Originally built in 1898, the property was renovated in 2013 and boasts high-end finishes throughout including exposed brick and Gaggenau appliances in the kitchen.  The 2,497-square-foot apartment includes three bedrooms, large kitchen, grand living and dining area, high-ceilings and private elevator access.

Art & Home | Living History

arthome_dec_social

The latest volume of Art & Home is here! This month, Iyna Bort Caruso takes us through homes steeped in history from around the world.

When considering exquisite luxury goods—paintings, sculpture, even fabrics, furniture and wine—we think of personal, highly curated items that make our living spaces distinctive and enhance the ambient experience of a particular home. In some cases, however, the home itself is the oeuvre d’art.

canada1 760 000 $ CAD | Victoria, British Columbia | Sotheby’s International Realty Canada

In the art world, older isn’t always better, but revered older works do carry additional prominence, specifically the prestige of age and history that newer art hopes to acquire with time. Similarly, as beautiful homes and estates begin to acquire the patina that only decades or even centuries can bring, they take on an unmatched nobility and grandeur.

texas$2,500,000 USD | Round Rock, Texas | Kuper Sotheby’s International Realty

There’s a certain class of buyer and homeowner—patrons, if you will—that places a premium on properties graced by time. To them, living in a historic residence is akin to living within a famous piece of art.

At the cross streets of Luxury Real Estate and Fine Art, discover more in previous editions of Art & Home

“The discerning, affluent buyers in our marketplace want a sense of history, or a certain provenance in a historic home that doesn’t exist in a new house,” says Michael Rankin, Managing Partner at TTR Sotheby’s International Realty in Washington D.C.

washington$6,250,000 USD | Washington, DC | TTR Sotheby’s International Realty

In addition to a notable pedigree, what buyers are looking for in older homes is character, and in particular preserved character. These individuals are typically knowledgeable about architectural periods and have a refined sense for authenticity. They demand the grand scale and proportion associated with previous eras—high ceilings, formal living rooms with entrance halls, double parlors with fireplaces—but also original features like restored trim work and molding; staircases with handcrafted balusters and banisters; and original hardware and wide-plank flooring. Kitchens and bathrooms may be updated, but otherwise the home should showcase the year and environment in which it was built.

finland2.750.000 € | Finland | Snellman Sotheby’s International Realty

“The people that buy an historic estate do so because they truly want to be the next steward of an architectural masterpiece,” Rankin explains. “They embrace the history and cherish the responsibility of being the caretaker of the home. In fact, they consider that undertaking a privilege.”

True, restoring and preserving an historic property can be a major endeavor, but for the right person it’s much more than labor—it’s a labor of love.

Continue reading this edition of Art & Home

Luxury Real Estate Headlines: Third Week in November 2016

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

finland

4.600.000€ EUR | Uusimaa, Finland |  Snellman Sotheby’s International Realty

“This two-level home on the Gulf of Finland’s shore in Soukanniemi shines with a white rock stone exterior and simple columns near the entrance.”

Spa Luxuries in Home a Stone’s Throw from Helsinki – Mansion Global

Three Homes for Sale Near Ski Areas – Wall Street Journal

Sotheby’s International Realty Announces Apple TV App – Inman News

Five Homes for Sale Near LGBT Venues or Landmarks – Financial Times

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

As Markets Waver, the Rich Park Money in Luxury Homes – The New York Times

French Polynesia: Homebuying from Private Islands to Entire Atolls – Financial Times

Wilson, Wyo.: A Low-Key Ski Town for America’s Wealthy – Wall Street Journal

JK Rowling’s Hand-Drawn Tales of Beedle the Bard Go Up for Auction – The Guardian

Edvard Munch Painting Fetches $54 Million at Sotheby’s Sale in NYC – Chicago Tribune

Luxury Living | Modern & Contemporary Interiors

With the use of glass, steel and concrete along with imaginative, striking lines, modern and contemporary interiors are bright and inviting spaces. Join us on a trip around the world as we experience some of the most captivating and inspiring modern and contemporary interiors from Sydney, to the Gulf Coast of Alabama.

alabama$3,275,000 USD | Orange Beach, Alabama | Kaiser Sotheby’s International

Sited close to the entrance of Ono Island, this private, 5,200-square-foot waterfront home features unparalleled craftsmanship and detailing throughout. The home features Italian Terrazzo tile, Wolf, Miele and Sub Zero appliances, a bespoke spiral glass staircase, stacked limestone fireplace, automatic shades and a separate guest suite among its amenities.

argentina$4,000,000 USD | Buenos Aires, Argentina | Ginevra Sotheby’s International Realty

This is a unique 375-square-meter property in Chateau Puerto Madero features a private entrance hall and grand living and dining rooms with views to the river and ecological reservoir. There are four separate suites, where the master encloses a double walk-in closet, and there is also a family room and eat-in designer kitchen and a service room. Enjoy breathtaking cityscapes from nearly every room.

canada5 475 000 $ CAD | Toronto, Canada | Sotheby’s International Realty Canada

The “Theater Park Penthouse” features four-bedrooms and a library over approximately 3,270-square-feet of indoor living space. The over 2,000-square-feet of wrap around terraces feature unrivaled panoramic views of the lake and city while the interiors feature top-of-the-line finishes and bespoke design elements that capture the abundant natural light.

finland4.250.000 € EUR | Uusimaa, Finland | Snellman Sotheby’s International Realty

Inspired by Ralph Lauren’s beach house in Jamaica, the architect Iiro Mikkola has combined Italian design and the beauty of the archipelago into a beautiful dream-like design.The villa provides unique views to the archipelago and the sea, while fantastic plot stone walls and pine trees, captures the beauty of Finland all in one place. The additional sauna-building, also designed by Iiro Mikkola, is only a few steps away from the main house and was completed with state-of-the-art media equipment, amenities and access to waterfront views.

sydneyPrice Upon Request | Sydney, Australia | Sydney Sotheby’s International Realty

Located in one of Sydney’s most prestigious coastal enclaves with sublime views over Bronte Beach, this light drenched penthouse apartment provides the ultimate beachside sanctuary designed for luxurious living and entertaining. Enhanced by a sleek contemporary design and the finest of finishes, it reveals an expansive open plan living and dining area enjoying an effortless flow to an entertainment terrace and captivating outlooks. There is a gourmet CaesarStone island kitchen equipped with top-of-the-range European gas appliances and concealed fittings. To the rear of the home is a sparkling glass fenced swimming pool followed by a generous sun drenched courtyard which is perfect for intimate soirees by day or by night.

Luxury Real Estate Headlines: Third Week in May

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

BN-OA249_MAMET__J_20160513151107$729,000 USD | Woodbury, Vermont | Four Seasons Sotheby’s International Realty

Mr. Mamet said he has happy memories of ice-skating on the pond on the property and cross-country skiing in the woods with his children. And the property’s remote location on a dirt road provided ‘magnificent solitude.'”

David Mamet Relists Longtime Vermont Home – The Wall Street Journal

High Above Cannes, a House With a Hitchcock Past – The New York Times

This $1.95 Million Postmodern House Is in the Middle of a Historic District – Architectural Digest

In Search of Summer Real-Estate Love – Mansion Global

Savannah, Georgia, where historic homes don’t come cheap – The Financial Times

House Hunting… In Finland – The New York Times

John McEnroe’s $14.5 Million Southampton Estate Is a Winner – Architectural Digest

Sotheby’s International Realty Affiliates names Relevance New York first global PR firm – PR Week

Real Estate is Trending Younger – National Association of Realtors

Unique Pink diamond fetches record $31.5M at Sotheby’s – Luxury Daily

Iconic image of Marilyn Monroe taken ‘when the dancing was over’ fetches £77,000 – Daily Mail

Finland | Market Spotlight

imagereader.aspx-52.750.000 € EUR | Finland | Snellman Sotheby’s International Realty

“The country of the Northern Lights, with its dynamic design and technology influenced capital Helsinki, is currently one of the fastest growing metropolises in Europe. Expectations are that Helsinki will house an additional 250,000 inhabitants by the year 2050, and in response to this, new urban areas are being created and an additional subline is being opened toward the Western neighbor city of Espoo at the end of 2016. New development projects including both housing and hotels fill the central parts of Helsinki, as the nation prepares to celebrate its 100th anniversary in 2017. Being the ‘World Design Capital’ in 2012 and annual host of the globally popular tech talent fair Slush, among other events, Finland receives a constantly increasing amount of international attention. The air is clean, winters are picturesque and the proximity to nature is present in many residential projects. The dynamic nature of Helsinki’s urban development and a strong entrepreneurial drive on behalf of real estate developers motivated by the aspiration to leave a mark on the skyline, frosts for a dynamic and vibrant real estate market for years to come. With strong market knowledge and large potential for growth, Snellman Sotheby’s International Realty was established in the fall of 2015. We are thrilled to join and drive the luxury real estate market, while opening new doors allowing more people to find their ideal home and workplace in Helsinki and the rest of Finland.”

-Kenneth Katter, chief marketing officer, Snellman Sotheby’s International Realty

View all available properties in Finland

Video of the Week: Ultra-Private Ski Chalet in Lapland, Finland

1.500.000 € EUR | Lapland, Finland | Snellman Sotheby’s International Realty

This luxurious two-story ski chalet is located in the far North of Finnish Lapland, in the popular vacation and nature resort Saariselkä. The cottage consists of eight separate two-person bedrooms providing private bathrooms for each room. The living room is two-story family living room with a spacious open view and a grand fireplace offering an inviting, Arctic touch. The dining area and modern kitchen are combined into a clever space, and located next to the enormous windows, which provide panoramic views over the magnificent Nordic landscapes.

Sotheby’s International Realty® Network Reports Significant Gains for 2015

FL$159,000,000 USD | Hillsboro Beach, Florida | ONE Sotheby’s International Realty

Sotheby’s International Realty Affiliates LLC today reported that in 2015 its affiliated brokers and sales professionals achieved approximately $80 billion in U.S. home sales volume (transaction sides multiplied by average sale price). Driven largely by a brand record of over 100,000 total transaction sides, this is the highest annual sales volume performance in the history of the brand and marks a 13% increase from the prior year.                                                      

Global Growth

The Sotheby’s International Realty brand also reported growth in its global network, which now encompasses 63 countries and territories worldwide. At year-end, the network totaled 835 offices, a gain of nearly 10%, and more than 18,000 sales associates, up 14%.

“2015 was a record year for domestic franchise sales for the Sotheby’s International Realty brand,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC.  “This year alone, we have also added 12 international, independently owned and operated affiliate brokerage locations to our global network, which will drive accessibility to the increasing level of international buyers in key luxury markets.”

AUSPrice Upon Request | Queensland, Australia | Queensland Sotheby’s International Realty

Outside the United States, the Sotheby’s International Realty brand continued to expand into key markets in 2015.  The entire Gulf Region is poised for significant growth as the brand’s affiliate brokerage in the region, Gulf Sotheby’s International Realty, acquired the rights to deliver real estate services in Bahrain, Kuwait, Oman, Saudi Arabia and Qatar.  The brand saw continued growth entering the countries of Andorra, Chile, Finland, Ireland, The Netherlands, and Nicaragua, while expanding its presence in Italy, Queensland, Australia and in Buenos Aires, Argentina.

VA$7,950,000 USD | Charlottesville, Virginia | Frank Hardy Sotheby’s International Realty

The Sotheby’s International Realty brand also added five independently owned and operated residential real estate firms and 73 new offices to its network across the United States. This past year witnessed continued growth by existing affiliate companies through mergers, acquisitions and recruiting.  Notable transactions included the coming together of three companies in Vermont and New Hampshire that resulted in one of the largest operators in those states under the Four Seasons Sotheby’s International Realty banner, and the acquisition of South Bay Brokers in Manhattan Beach by Vista Sotheby’s International Realty.  Several key open markets were also filled, namely: Baltimore, Md.; Block Island, R.I.; Charlottesville, Va. and Portland, Ore.

Last year The Wall Street Journal/REAL TrendsTop Thousand” ranked agents based on average sales price, recognizing the success of agents that specialize in the luxury real estate segment. The Sotheby’s International Realty brand had 75 of the top 250 (30%) individuals by average sales price. This achievement is reflective of the success of our efforts to further establish the brand as the voice of luxury.

In 2016 and for the ninth year in a row, the Sotheby’s International Realty brand won Franchise Business Review’s Best in Category for Real Estate Franchisee Satisfaction award.  In addition to its real estate ranking, the brand also came in fourth in the overall top 50, and second among the Top 50 “Systems with 250 or more units,” which is a ranking of all franchise systems across all categories with more than 250 locations.

Leadership 2

The Sotheby’s International Realty brand hosted several international networking events throughout the year exemplifying its truly global reach. An event in Rome brought together 27 affiliated companies from 19 countries within the European, Middle Eastern and African region while another event in Rancho Palos Verdes, California had representation from over 113 affiliated companies worldwide.  “Our international footprint is the cornerstone of our global esteem and our events around the world serve as a platform for our network to work together while developing relationships to increase referrals and share best practices on the exclusive line of Sotheby’s International Realty products to better serve their clients’ needs and meet their business goals,” said White.

Marketing

From a marketing perspective, the brand’s 2015 campaign delivered more than 1.2 billion impressions.  At the core of the Sotheby’s International Realty 2015 strategy was its relationships with pre-eminent media powerhouses in both print and online arenas to showcase unique properties from the brand’s worldwide network including: The New York Times, The Wall Street Journal, Architectural Digest, Bloomberg, Financial Times and as the exclusive real estate partner for Dwell.com.

Sothebys Realty at NYSE

To mark the 40th year of Sotheby’s International Realty in the luxury residential real estate brokerage business, Philip White and Wendy Purvey, chief marketing officer, were joined by honorary guests of the Sotheby’s International Realty brand to ring the Closing Bell at the New York Stock Exchange on December 29, 2015. Additionally, the brand was featured with prime placement on the New York Stock Exchange video banner in Times Square. Running the entire month of December, the video was shown 15 times per day, reaching over 1.6 million daily visitors to Times Square and highlighted the brand’s lifestyle focus and drove viewers to sothebysrealty.com for more information.

Finally, the Sotheby’s International Realty brand’s website, sothebysrealty.com, was re-launched in 2015 to provide a fully immersive, responsive, video-based experience with unique content. With a focus on creating the best possible user experience, the new sothebysrealty.com continues the brand’s tradition of revolutionizing luxury real estate in the digital space. Last year the site saw the most traffic in its history with 14 million visits, a 30% increase year over year. The new Sotheby’s International Realty, website was recognized by the Web Marketing Association with the “2015 Outstanding Website WebAward” and by W3 with the “2015 W3 Gold Award.”

Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website.  In addition to the referral opportunities and widened exposure generated from this source, each brokerage firm and its clients 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.