Monthly Archive: August 2016

Carry the Torch | The Sites of the Summer Games

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With the events now over in Rio de Janeiro, the Brazilian host joins a long list of world-renowned cities that have become part of the Sumer Games’ storied legacy. From Athens in 1896 hosting the first Summer Games to Tokyo, the city set to host the global event in 2020, our final installment of “Carry the Torch” takes us on journey through some of the former, and future, host cities of the Summer Games.

Athens – Host of the 1896 and 2004 Summer Games

Athens2.500.000 € EUR | Athens, Greece | Greece Sotheby’s International Realty

This minimalistic modern penthouse offers spectacular 360-degree views from the 8th and 9th floors. The residence offers a 255-square-meter roof garden appropriate for special celebrations, an office with fireplace and library, a half bathroom and a 20-square-meter veranda with Acropolis view. The 9th floor living space features a large living area with fireplace, dining area, pool table and a glass atrium that offers full natural sun light to all the aforementioned areas.

Los Angeles – Host of the 1932 and 1984 Summer Games

Los Angeles$8,287,000 USD | Los Angeles, California | Sotheby’s International Realty – Sunset Strip Brokerage

Located on one of Brentwood’s most prestigious streets, this newly custom built six-bedroom, eight-bathroom home is gated and private; the residence is equipped with a chef’s kitchen with Wolf and Sub-Zero appliances, as well as Control 4 system that controls all lighting and surround sound. The living room and “Great Room” open to beautiful deck with infinity edge pool and spa along with outdoor cabana, outdoor kitchen and fire pit. The master bedroom features include a fireplace, balcony with ocean views, dual closets and a grand master bathroom. The lower level consists of a movie theatre, gym, guest quarters and a wine cellar which holds over 500 bottles.

Mexico City – Host of the 1968 Summer Games

MexicoCity$5,800,000 USD | Mexico City, Mexico | Guadalajara Sotheby’s International Realty

Located in the heart of Mexico City, this luxurious penthouse resides in the St. Regis, one of Mexico City’s tallest skyscrapers designed and completed by Cesar Pelli in 2008. The residence features a Steinway in the main living area next to large floor-to-ceiling windows looking out over the lights of Mexico City. The three-bedroom, three-bathroom home also features a Jacuzzi, wine cellar and concierge.

Montréal – Host of the 1976 Summer Games

Montreal3 995 000 $ CAD | Montréal, Canada | Sotheby’s International Realty Canada

This magnificent Westmount mansion boasts what are arguably the best views in the city. Located in an exclusive enclave surrounded by only a handful of the Montréal’s most prestigious homes, its lot measures over 12,000-square-feet. A residence of this size and caliber with integrated two-car garage, seven-bedrooms and three-bathrooms is a rare and unprecedented opportunity.

Tokyo – Host of 1964 and upcoming 2020 Summer Games

Tokyo¥980,000,000 JPY | Tokyo, Japan | List Sotheby’s International Realty

Located on the 26th floor of the 35-story City Tower Takanawa, this four combined unit residence offers captivating views of Tokyo and the surrounding greenery. Over 430-square-meters, this home consists of three living, dining and kitchen areas, five bedrooms and baths, and the 24-hour security service ensures the safety of residents at all times.

Significant Sales | Volume I – Issue IV

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From an elegant, light-filled home in California to a tranquil escape on the Gulf of Mexico in Florida, this issue of Significant Sales also showcases homes from throughout the United States, Turks & Caicos, Belgium, Malta and Italy.

01. Dreyfus$19,750,000 USD | California, USA | Dreyfus Sotheby’s International Realty

On one of the area’s most desirable streets in the premier enclave of West Atherton, this magni cent estate combines uncommon elegance with a delightful, family-oriented charm. Comprising three levels, the over 13,000-square-foot main home features six large bedroom suites, including a multi-chamber master bedroom. A dramatic, two-story foyer, oak-lined library, executive o ce, formal dining room with butler’s pantry, powder rooms, and spacious terraces that o er striking entertaining spaces, while an expansive eat-in kitchen, family room, mudroom, attached garage, full laundry room on each level, and separate detached garage are artfully designed for family living.

$16,500,000 USD | Florida, USA | ONE Sotheby’s International Realty

This spectacular, newly constructed waterfront estate is located in the prestigious guard-gated community of Gables Estates and sits on an oversized lot on a cul-de-sac. Designed by renowned architect Ralph Portuondo, it features impact windows, soaring ceilings, state-of-the-art appliances, theatre, impressive master bed with luxurious appointments, Lutron home automation and a resort-like backyard outfitted to perfection, ideal for entertaining. Enjoy beautiful views of the water and spectacular courtyards and grounds from every part of this magnificent estate.

03. Briggs Freeman$14,546,542 USD | Texas, USA | Briggs Freeman Sotheby’s International Realty

Just 35 minutes south of downtown Dallas, Hi-View Ranch encompasses nearly 3,000 exciting acres south of Midlothian, Texas. A noted landmark property for decades, the Hi-View Ranch has hosted upscale events such as the Dallas Cattle Barons Ball. The ranch has several homes fit for families and guests as well as a number of classic older barns. Enjoy endless activities with an 18-acre fishing lake, excellent deer, hog and dove hunting, horse riding, skeet shooting, tennis and more. The topography is diverse with trees, native pastures and spring-fed creeks. From the moment one enters the gates at Hi-View Ranch, the everyday stresses of city-life melt away.

Notable Sales from Around the World

Brussels€ 9,627,102 | Belgium | Brussels Sotheby’s International Realty

The villa, built in 1961 by architect Keuter was completely refurbished in 2011. It has a living area of approximated 850-square-meters, composed of a main living room with fireplace, a central living room and dining room, all with access to a beautiful terrace and a south-facing garden. The kitchen area includes a furnished office, a kitchen, equipped with the best materials and a dining room.

Turks & Caicos$22,500,000 USD | Turks & Caicos | Turks & Caicos Sotheby’s International Realty

Oliver’s Cove is perfectly positioned with nearly 800 feet of beach frontage on over six acres, including 357 feet of frontage for future expansion. Oliver’s Cove is the premier estate amongst only 12 private homes on this private island paradise. The Main House, with four bedrooms, five- and-a-half bathrooms and 9,153-square-feet under roof boasts an infinity-edge pool set directly in the sand. The ultra-high quality interior is functional, elegant and exquisitely crafted, featuring approximately 20,000-square-feet of hand-troweled Venetian plaster walls and ceilings with aged, exposed wooden beams and hickory wood flooring throughout.

 

Market Spotlight | Brussels

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Home to a booming art scene and fashionable neighborhoods such as Ixelles and Uccle, many well-heeled individuals call Brussels home. A UNESCO World Heritage site, the captivating city comprises both historic architecture as well modern and contemporary design flair. Join us as we travel through the world-renowned city and explore exclusive homes.

Brussels4Price Upon Request | Brussels, Belgium | Brussels Sotheby’s International Realty

An Anglo-Norman style mansion originally built in 1900, this estate was entirely renovated in 2010-2011; the finishes are elegant, modern and comfortable. All floors have elevator access, while reception areas are composed of different lounges and a very bright dining room that leads to “Belle Epoque” veranda with exceptional visuals. The mansion, features seven bedrooms, six bathrooms, a games room and a concierge house.

Brussels3Price Upon Request | Brussels, Belgium | Brussels Sotheby’s International Realty

Located in the Prince d’Orange area, this beautiful contemporary villa designed by Marc Corbiau consists of over 1,000-square-meters of living space. The house offers five large bedrooms, each with their dressing room and bathroom, an office, library, separate studio with its own entrance, and a garage for six to seven cars and car elevator. This home is a bright, contemporary and original villa in the heart of a green environment.

Brussels2Price Upon Request | Brussels, Belgium | Brussels Sotheby’s International Realty

A beautiful residence built in 1928 on 6,000-square-meters of private park, it was completely renovated in 2005. The house offers over 1,000-square-meters of living space spread over three levels and offers elegant reception areas totaling about 300-square-meters. A tranquil swimming pool with a lounge deck and Jacuzzi adorn the manicured grounds. This prestigious property is ideal as a main residence or for an embassy.

Brussels1Price Upon Request | Brussels, Belgium | Brussels Sotheby’s International Realty

This modernist masterpiece in the Bauhaus style was designed in 1928 by award-winning architect Édouard Taelemans. Renovated between 2011 and 2013 by the architect Erpicum, the interior design has been modified in order to create a game of light and space between the different living spaces. A showcase of strictly pure architecture and minimalism, this home is ideal for the art-lover.

 

 

Carry the Torch | Swim to Success

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Swimming at the Summer Games ranks highly among fans and spectators as one of the most highly anticipated competitions. Over the last few weeks, gold medalists Michael Phelps, Katie Ledecky, Katinka Hosszú, Simone Manuel and Lilly King captured the hearts and minds of the millions of viewers tuning into the events in Rio. Become a part of the action in this week’s installment of “Carry the Torch” and dive-in to these exclusive pools in some of the world’s most sought after locales.

California$4,999,900 USD | Carlsbad, California | Pacific Sotheby’s International Realty

Tucked away on the 14th hole of world-famous La Costa Golf Course, this home is meticulously and artfully designed. This sweeping Estate was created to capture the romance and mystique of the tropics while offering the excitement, texture and drama of sensational entertaining. Every detail has been carefully selected and crafted to fashion a setting of ultimate comfort, elegance, ease, intimacy and hospitality. The grounds include a masterfully designed, imported glass mosaic pool and spa.

BarbadosPrice Upon Request | St. James, Barbados | Barbados Sotheby’s International Realty

The Chummery Estate, originally built for the chairman of Macy’s, is the epitome of sophisticated and casually elegant island living. Features include a drawing and dining room overlooking the Junior Olympic size pool and a gourmet kitchen. The family room offers ample space as an office, a media room, or a cooling retreat on a warm summer day. The Chummery Estate represents one of the finest privately held botanical offerings on the Island of Barbados. The gardens were carefully planned and executed with precision; the perfect backdrop for strolling on the tranquil paths, or enjoying a cup of tea in the cooling Palm Thatched Hut.

ChinaPrice Upon Request | Beijing, China | Beijing Sotheby’s International Realty

The Powerful Mountain project is a masterpiece developed by the R & F Properties Group. The Powerful Mountain mansion is a detached single house, a truly astonishing and unrivaled estate in its scope and architectural form. The property is located at within the 2nd ring among the most-lively area in Beijing. The property’s inspiration comes from the Baroque Era, and is imprinted with the that signature sophistication, refinement and luxury. The house is completed by an indoor swimming pool, wine cellar and screen room.

BrazilR$ 28.000.000 BRL | Rio de Janeiro, Brazil | Boss Nova Sotheby’s International Realty

Located in Costa Verde and fully integrated into the local nature of Portobello Resort & Safari, this contemporary residence offers ample entertaining spaces both indoor and out. Also featured on this property is a swimming pool, underground wine cellar for 3,000 bottles and tasting room, spa with heated Jacuzzi, steam room, massage room, fitness center with sound system and a tennis court with separate dressing room.

Spain18.900.000 € EUR | Mallorca, Spain | Mallorca Sotheby’s International Realty

This property is located in the exclusive residential area “Las Brisas” in Port Andratx. The main house comprises a dining room and living area with fireplace and representative library. The striking villa features an outdoor pool area accessible from all ground-floor rooms as well as an indoor one. The home also offers a cinema, an entertainment area with bar, wine cellar, staff area and two guest apartments.

 

 

Luxury Real Estate Headlines: Third Week in August 2016

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

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$9,250,000 USD | San Francisco, CA | Venture Sotheby’s International Realty

Located in one of the most highly sought after neighborhoods in San Francisco, this prestigious property is a true crown jewel with views of the Palace of Fine Arts and the Golden Gate Bridge.

This home is the ultimate creation of world-renowned architects Remick Architects and Master Builders, artfully combining two distinct addresses into one spectacular 5 bedroom, 6.5 bathroom home. Custom designed and impeccably updated for modern living, this one-of-a-kind treasure encompasses architectural brilliance and a truly unique living experience.

The main level enjoys rare and extraordinary views of the Palace of Fine Arts. French doors open off of the living room to a patio with a large built-in barbecue. The chef’s kitchen has a separate service entry, which opens up to a family room providing a true entertainer’s playground.

 

Pro Golfer Jeff Sluman Asks $4.35 Million for Chicago-Area Home – Mansion Global

NFL Kicker Matt Bryant Lists ‘Kicking Back’ Alabama Beach Retreat for $3.35 Million – Wall Street Journal

A Secluded Villa in Ibiza Close to All the Island’s Action – Mansion Global

Disney Junior Exec. Joe D’Ambrosia Sells His L.A. Home for $1.225 Million – Los Angeles Times

Inside a Former Home of Millicent Rogers in Taos, N.M. – Wall Street Journal

In Rural Montana, a High-End Home for Outdoor Enthusiasts – Mansion Global

A Manhattan ‘Jewel Box’ Asks $3.275 Million – Wall Street Journal

In California, an Eco-Luxe Home Where Organic Vegetables Grow – Mansion Global

New Towers, Higher Prices Lift Chicago’s Real Estate Market – Forbes

The Ripe Time to Buy a Vineyard in Bordeaux – Financial Times

Hard-Core House Collectors – Wall Street Journal

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

Sotheby’s NY to Auction Roy and Marilyn Papp Collection of Traditional Chinese Paintings – Blouin ArtInfo

The Amazing Cars for Auction at RM Sotheby’s Monterey – The Week

 

Sotheby’s Institute of Art | What to Look Out for at an Affordable Art Auction

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If you’re new to auctions and unsure where to start, don’t be daunted. Art historian Elizabeth Pergam, who teaches on the Sotheby’s Institute of Art Master’s programs in Art Business and Fine and Decorative Art and Design in New York, shares some advice for auction first-timers on what to look out for when buying a work of art and how to begin building your private art collection from scratch.

I always ask very established collectors, what was the first thing they bought and do they still have it. Most of them do. Art is an investment but, given that this sale is your entrée into collecting, your real reason to buy a work has to be that you love it and want to live with it.

The first thing to do is see what catches your eye. Listen to your instinct. Ideally you would see the work of art in person, but you can do this online as well. Once you’ve identified an image you’re interested in, then ask yourself, why that one? Look at it in comparison to something similar and identify why you find it more appealing. Say you’re drawn to a landscape – is that because it’s a snowy landscape or because it has figures in it? Once you have that instinctive response, you need to deconstruct it a little more to see why you’re attracted to that work.

Find out as much as you can about the artist who made the work. Take a look at auction result databases such as Artnet or Artprice. You can go to a library like the Frick Art Reference Library in New York that has a subscription, if you don’t yourself. Do your research thoroughly. Check whether these works come up at auction regularly and what prices you should expect. Most estimates are based on past auction records so when artists have a much shorter auction record the cataloguers have a slightly harder time. That always represents an opportunity.

As you accumulate art objects, you learn distinctions between them. The benefit of being a private collector is that even if you have a theme – say you’re a collector of 18th century French drawing – you aren’t confined to that. It might be where the emphasis is but it’s not like you’re answering to a board of trustees at a museum, you are an individual. Be open to letting your tastes develop and change. Collections evolve over time.

About Sotheby’s Institute of Art3rd

Sotheby’s Institute of Art is The Graduate School of Art and its Markets. Evolving from a small connoisseurship program started by Sotheby’s Auction House in 1969, Sotheby’s Institute is now the foremost leader in art business education and object-based learning. Its global faculty represent the best of almost every facet of the art world, helping students decipher and master the unique forces at play at the intersection of art and commerce.

With campuses in the cultural capitals of London, New York and Los Angeles, Sotheby’s Institute offers graduate level programs that have become more relevant than ever in an art world that is constantly seeking individuals with art historical scholarship and business acumen. Besides Master’s degrees, Sotheby’s Institute offers programs of study such as summer classes, 15-week semester courses, online learning and executive education. Sotheby’s Institute of Art’s programs provide the knowledge and credentials needed to achieve success in today’s worldwide art markets and cultural institutions.

 

RESIDE Magazine | Panorama Drama

From the pages of 2016’s second volume of RESIDE, discover homes with advantageous and captivating views in “Panorama Drama.”

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“Does it have a view?”

It’s what buyers scouting properties in mountain resort communities want to know.

“That’s probably the most-asked question,” says Nels Cary of Telluride Sotheby’s International Realty in Colorado.

The views that extend beyond property lines are as important to luxury buyers as the amenities within the homes.

Telluride$39,100,000 USD | Telluride, Colorado | Telluride Sotheby’s International Realty

High altitude Telluride is set in the southwest corner of the state and surrounded by a cluster of “14ers” or 14,000-foot peaks of the San Juan Mountains. “The significance of the view cannot be understated,” says Cary. “It’s everywhere and from everywhere.”

Mountain views have been called inspirational, mystical and sometimes sacred. And they affect homeowners in profound ways. “It’s one of those situations where people come here and they’re absolutely mesmerized by the natural beauty of the area,” says Cary. “They put themselves in the picture, seeing themselves with a cup of coffee in the morning enjoying the magnificent views or in the late afternoon taking in the sunset. It’s a big deal.”

FrancePrice Upon Request | Provence Alpes Cote d’Azur, France | Côte d’Azur Sotheby’s International Realty

It’s hard to quantify the value of a great view, but it can certainly add a double or even triple-digit percentage premium onto the price of a home. In the Idaho panhandle city of Sandpoint, for instance, a five-acre property in a standard subdivision ranges from $100,000 to $150,000. The equivalent home with dramatic views of Lake Pend Oreille, the state’s largest lake, and vistas that span Idaho’s Schweitzer ski mountain as well as snow-capped ridges in Montana, Washington and Canada, recently sold for $1.1 million, according to Jeff Bond of Tomlinson Sotheby’s International Realty, with offices in Sandpoint and Coeur d’Alene. “I happen to live on one of those views. I go home at night and sit on my front deck. It’s a lot better than watching TV,” he says.

Idaho$1,550,000 USD | Sandpoint, Idaho | Tomlinson Sotheby’s International Realty

The most desirable homes are sited to take advantage of views from multiple rooms. If those views are unobstructed and look out onto protected lands that can never be developed, so much the better. Such is the case with many properties in Big Sky, Montana. It is a region focused on the conservation of native habitat, and its views of Lone Peak, Spanish Peaks and the surrounding wilderness area are iconic.

Nicaragua$759,000 USD | Rivas, Nicaragua | Nicaragua Sotheby’s International Realty

When it comes to panoramas, Big Sky claims an added bonus. It is located in the Greater Yellowstone Ecosystem in a corridor of migrating elk, moose, deer and bear. “To be in an area where you have that wildlife all around is very desirable,” says Cathy Gorman of Big Sky Sotheby’s International Realty.

Montana$3,395,000 USD | Big Sky, Montana | Big Sky Sotheby’s International Realty

And transporting.

“There’s the peace and the tranquility,” says Gorman. “To be able to see a herd of elk on the next ridge or a weather condition going by takes you away. In a world of hustle, bustle and tension, the views are a real de-stresser.”

 

New Development Spotlight | The W Tel Aviv – The Residences

Showcasing the height of new luxury construction in some of the world’s most sought after locations, let’s explore an exclusive new development from our worldwide network.

TelAviv1The W Tel Aviv – The Residences | Tel Aviv, Israel | Israel Sotheby’s International Realty

An icon of style and sophistication makes a dazzling debut with the W Tel Aviv- Jaffa Hotel & Private Luxurious Residences, set to open in February 2017. Perched between city and the sea in Tel Aviv’s most exciting neighborhood, The Residences is set to become one of the world’s most desirable destinations.

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Aby Rosen and RFR, the developers, seamlessly blend the W Hotel’s signature global lifestyle brand with sleek and historical architectural features, some dating back to the 15th century.

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Adjacent to the W Hotel, 32 residences and one Penthouse adorn the newly developed six story Residences.

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Mix and mingle, or escape from the world in your private poolside cabana. Enjoy 24/7 luxury facilities that include; a spa, state-0f-the-art fitness center, an outdoor WET Pool deck, valet car service, a full service 24-hour wired business center, in-room dining service from the hotel’s signature restaurant, W Destination bar and W Living Room, the W’s take on the traditional hotel lobby.

 

 

Carry the Torch: Homes Fit for the Summer Games

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Since 1896, the Summer Games have been an important part of world history and have had a great impact on our global culture. Sharing the stage with some of the world’s most famous athletes and their triumphant stories, have been the host cities. From Athens, Greece at the first games in 1896, all the way to Rio de Janeiro, Brazil for this year’s games, the Summer Games have been held in 18 countries all over the globe. To celebrate this year’s events, come with us on a journey as we experience homes fit for the Summer Games in August’s “Carry the Torch” series.

View the Latest Blog Posts with Homes Fit for an Olympian

 

Luxury Real Estate Headlines: Second Week in August 2016

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

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

“The 5,200-square-foot house sits on just over an acre. There are four bedrooms in the main residence, in addition to a bedroom in the attached guest suite. There’s also a two-car garage with a workshop.”

In Alabama, a Contemporary Residence with Bayou Views – Mansion Global

A Horta House in Belgium with Art Nouveau Appeal – International New York Times

For Sale: 6 Cool Geometric Homes – The Week

A Modern Home Rises in Denver’s Cherry Creek Neighborhood – Mansion Global

For Ceilings, What a Difference a Foot Makes – Wall Street Journal

House Hunting in… Lima – The New York Times

Sneek Peek: This Villa in Goa Worth over $1 Million is Elegant, Luxurious and Even has an Infinity Pool – Business Insider India

In Suzhou, a Garden-style Home with a Modern Twist – Mansion Global

A Prized Location, with Culture, on French Riviera – International New York Times

Emmy-winning Director Paris Barclay Lists his Valley Village Home for Sale – Los Angeles Times

Want More Peace and Quiet? Move into these 10 Secluded Spaces – Elle Decor

Sotheby’s HK to Auction Unique Old and New World Wines this September – Blouin ArtInfo