#luxury-market
#luxury-market

NYC real estate

$14M new townhouse dev on Clinton Street one of top Brooklyn contracts this year

A townhouse in Brooklyn Heights topped the city's luxury contracts at nearly $14 million, indicating high demand in the real estate market. [ more ]

therealdeal.com

4 weeks ago

NYC real estate

Mid-century modern landmark leads Brooklyn's luxury contracts

A mid-century modern home in Brooklyn Heights sold for $12 million, reflecting the luxury market's trends in Brooklyn real estate. [ more ]

therealdeal.com

NYC real estate

Waterfront Dumbo condo tops Brooklyn's luxury deals

Brooklyn's luxury market remains strong, particularly for waterfront properties, indicated by recent contracts near East River. [ more ]

therealdeal.com

NYC real estate

Resale at 1 Prospect Park West leads Brooklyn luxury market

Unit 7C at 1 Prospect Park West was the highest-priced luxury contract in Brooklyn this week, reflecting continued demand in the market. [ more ]

therealdeal.com

4 months ago

NYC real estate

Brooklyn's Luxury Contracts Slow Post Memorial Day

Luxury Brooklyn real estate market slowed down post-Memorial Day weekend, with 14 homes over $2 million entering contracts. [ more ]

therealdeal.com

2 hours ago

NYC real estate

Townhouses boost Brooklyn luxury contracts past $56M

Brooklyn luxury market volume nearly doubled compared to last year, primarily driven by townhouses.

15 units went into contract with a total of $57 million in a single week. [ more ]

therealdeal.com

NYC real estate

$14M new townhouse dev on Clinton Street one of top Brooklyn contracts this year

A townhouse in Brooklyn Heights topped the city's luxury contracts at nearly $14 million, indicating high demand in the real estate market. [ more ]

therealdeal.com

4 weeks ago

NYC real estate

Mid-century modern landmark leads Brooklyn's luxury contracts

A mid-century modern home in Brooklyn Heights sold for $12 million, reflecting the luxury market's trends in Brooklyn real estate. [ more ]

therealdeal.com

NYC real estate

Waterfront Dumbo condo tops Brooklyn's luxury deals

Brooklyn's luxury market remains strong, particularly for waterfront properties, indicated by recent contracts near East River. [ more ]

therealdeal.com

NYC real estate

Resale at 1 Prospect Park West leads Brooklyn luxury market

Unit 7C at 1 Prospect Park West was the highest-priced luxury contract in Brooklyn this week, reflecting continued demand in the market. [ more ]

therealdeal.com

4 months ago

NYC real estate

Brooklyn's Luxury Contracts Slow Post Memorial Day

Luxury Brooklyn real estate market slowed down post-Memorial Day weekend, with 14 homes over $2 million entering contracts. [ more ]

morebrooklyn-real-estate

#real-estate

therealdeal.com

5 days ago

LA real estate

Movers: Jamie Duran takes international role at EQTY Forbes Global

Jamie Duran is leading global growth at EQTY | Forbes Global Properties amidst a significant market shift. [ more ]

Fortune

6 days ago

NYC real estate

Snapchat's billionaire CEO sold his LA mansion for nearly $4 million less than what he wanted

Even the ultra-wealthy struggle with today's housing market, exemplified by Evan Spiegel's significant price cut on his LA mansion. [ more ]

www.housingwire.com

Business

The Agency forms a joint venture and enters the mortgage world

The Agency has launched Aclara Lending, a joint venture to provide diverse mortgage solutions to luxury clients.

The venture focuses on agent empowerment and innovative mortgage service delivery. [ more ]

SFGATE

SF real estate

Historic Nantucket Home Sells for $25 Million-Not Far From Where Houses on 'Billionaires Isle' Are 'Falling Into the Ocean'

A historic Nantucket home sells for $24.8 million, reflecting a unique peak in a declining real estate market on the island. [ more ]

New York Post

NYC real estate

New Jersey house fetches $1.3M - just to get demolished

A 1950s uninhabitable bungalow in New Jersey sold for $1.3 million, mainly for its valuable waterfront land. [ more ]

www.housingwire.com

NYC real estate

Jamie Duran joins eXp's leadership team in Southern California

Jamie Duran joins eXp Realty to enhance luxury real estate offerings through EQTY | Forbes Global Properties.

The partnership emphasizes a combination of brand prestige and innovative real estate platforms. [ more ]

therealdeal.com

5 days ago

LA real estate

Movers: Jamie Duran takes international role at EQTY Forbes Global

Jamie Duran is leading global growth at EQTY | Forbes Global Properties amidst a significant market shift. [ more ]

Fortune

6 days ago

NYC real estate

Snapchat's billionaire CEO sold his LA mansion for nearly $4 million less than what he wanted

Even the ultra-wealthy struggle with today's housing market, exemplified by Evan Spiegel's significant price cut on his LA mansion. [ more ]

www.housingwire.com

Business

The Agency forms a joint venture and enters the mortgage world

The Agency has launched Aclara Lending, a joint venture to provide diverse mortgage solutions to luxury clients.

The venture focuses on agent empowerment and innovative mortgage service delivery. [ more ]

SFGATE

SF real estate

Historic Nantucket Home Sells for $25 Million-Not Far From Where Houses on 'Billionaires Isle' Are 'Falling Into the Ocean'

A historic Nantucket home sells for $24.8 million, reflecting a unique peak in a declining real estate market on the island. [ more ]

New York Post

NYC real estate

New Jersey house fetches $1.3M - just to get demolished

A 1950s uninhabitable bungalow in New Jersey sold for $1.3 million, mainly for its valuable waterfront land. [ more ]

www.housingwire.com

NYC real estate

Jamie Duran joins eXp's leadership team in Southern California

Jamie Duran joins eXp Realty to enhance luxury real estate offerings through EQTY | Forbes Global Properties.

The partnership emphasizes a combination of brand prestige and innovative real estate platforms. [ more ]

morereal-estate

Fortune Europe

5 days ago

Marketing

Will Burberry become a long-term victim of luxury downturn?

Burberry's brand value has plummeted by nearly $2 billion amid luxury market downturn and internal struggles. They face the challenge of re-establishing market relevance. [ more ]

WhoWhatWear

Fashion & style

WWW 100

Kristen Nichols is a prominent figure in luxury fashion content creation and editorial leadership at Who What Wear. [ more ]

#lvmh

Fortune Europe

Business

Bernard Arnault leapfrogs Mark Zuckerberg on wealth rankings with $30 billion boost, but analysts warn it may be short lived

Bernard Arnault's fortune increased by $30 billion due to a surge in LVMH's stock price after recent acquisitions and boosted consumer outlook. [ more ]

Fortune Europe

Business

Hermes boss doesn't like the company being compared to LVMH

Hermès aims for distinct luxury positioning and growth, not merely surpassing competitors like LVMH. [ more ]

Fortune Europe

Business

LVMH's Bernard Arnault became richer after China unveiled its stimulus measures

Arnault's wealth fluctuates significantly with LVMH's performance, particularly influenced by the Chinese luxury market.

China's economic recovery plays a crucial role in the luxury sector, particularly for firms like LVMH. [ more ]

Fortune Europe

Business

Bernard Arnault leapfrogs Mark Zuckerberg on wealth rankings with $30 billion boost, but analysts warn it may be short lived

Bernard Arnault's fortune increased by $30 billion due to a surge in LVMH's stock price after recent acquisitions and boosted consumer outlook. [ more ]

Fortune Europe

Business

Hermes boss doesn't like the company being compared to LVMH

Hermès aims for distinct luxury positioning and growth, not merely surpassing competitors like LVMH. [ more ]

Fortune Europe

Business

LVMH's Bernard Arnault became richer after China unveiled its stimulus measures

Arnault's wealth fluctuates significantly with LVMH's performance, particularly influenced by the Chinese luxury market.

China's economic recovery plays a crucial role in the luxury sector, particularly for firms like LVMH. [ more ]

morelvmh

Business Insider

Startup companies

Read the pitch deck that personal-shopping startup The Floorr used to raise $1.7 million in funding

The Floorr streamlines personal shopping by connecting clients, shoppers, and retailers, enhancing efficiency in the luxury market. [ more ]

Fortune Europe

European startups

Europe doesn't stand a chance at increasing its centimillionaire pool

Europe is lagging in the growth of centimillionaires compared to Asia and America, with only a 26% increase over the last decade. [ more ]

The Art Newspaper - International art news and events

3 weeks ago

Startup companies

Christie's to acquire classic car auction house

Christie's is acquiring Gooding & Company to diversify its luxury offerings and reenter the collector car industry. [ more ]

www.housingwire.com

4 weeks ago

NYC real estate

The agents dominating Miami's real estate market

Miami's real estate market is valued at $650 billion, making it one of the most valuable in the U.S.

Top agents in Miami require significant sales achievements to be competitive in the dynamic luxury market. [ more ]

The Business of Fashion

Marketing

Social Media's Unsavoury Upside for Luxury Brands

The luxury market is struggling, but social media-driven feelings of inadequacy may sustain demand for luxury goods among young consumers. [ more ]

#gen-z

Business Insider

Marketing

5 ways rich Chinese Gen Zers are redefining luxury

Chinese Gen Z shoppers prioritize craftsmanship and brand stories over traditional luxury labels denoting status.

Sustainability and slow living are emerging as key values influencing Gen Z's purchasing decisions in luxury. [ more ]

Vogue

Marketing

Can Luxury Brands Meme Their Way Into Gen Z's Heart?

Brands need to adjust their tone on social media to resonate with a wearier audience, particularly in the luxury market targeting Gen-Z. [ more ]

Business Insider

Marketing

5 ways rich Chinese Gen Zers are redefining luxury

Chinese Gen Z shoppers prioritize craftsmanship and brand stories over traditional luxury labels denoting status.

Sustainability and slow living are emerging as key values influencing Gen Z's purchasing decisions in luxury. [ more ]

Vogue

Marketing

Can Luxury Brands Meme Their Way Into Gen Z's Heart?

Brands need to adjust their tone on social media to resonate with a wearier audience, particularly in the luxury market targeting Gen-Z. [ more ]

moregen-z

Business Insider

2 months ago

Marketing

The luxury outlook in China just keeps getting worse

Luxury companies' sales are suffering in China as consumers prioritize safe assets over spending, opting to shop abroad, notably in Japan. [ more ]

Fortune Europe

2 months ago

Business

Gucci owner Kering rocked by luxury industry slowdown as shares crash a further 10% in Paris

Kering SA warns of profit tumble as luxury demand cools, Gucci struggles. [ more ]

therealdeal.com

5 months ago

NYC real estate

Brooklyn Heights Homes Top Borough's Luxury Market

Townhouses in Brooklyn Heights dominated Brooklyn's luxury market, with two landmarked properties leading the sales. [ more ]

WhoWhatWear

6 months ago

Fashion & style

The Eternal It Bags: 14 Luxury Handbags That Are Certified Icons

Designer handbags are a smart and stylish investment, transcending seasons and increasing in value over time.

Luxury bags like Hermès, Chanel, and Goyard retain value due to scarcity in the resale market, leading to increasing demand. [ more ]

#los-angel

therealdeal.com

LA real estate

For LA Agents, Luxury Home Sales Surge in December

December saw a 4.5% increase in signed contracts for single-family homes in Los Angeles County compared to the previous year.

Luxury homes priced above $5 million experienced a 41% increase in year-over-year transactions in December. [ more ]

therealdeal.com

LA real estate

$200M Deal Tops List of LA's Priciest House Sales in 2023

Jay-Z and Beyonce broke records with their $200 million purchase of a Malibu estate in California.

The luxury market in Los Angeles saw a 37% drop in sales of homes priced at $10 million and above in 2023 compared to the previous year. [ more ]

therealdeal.com

LA real estate

For LA Agents, Luxury Home Sales Surge in December

December saw a 4.5% increase in signed contracts for single-family homes in Los Angeles County compared to the previous year.

Luxury homes priced above $5 million experienced a 41% increase in year-over-year transactions in December. [ more ]

therealdeal.com

LA real estate

$200M Deal Tops List of LA's Priciest House Sales in 2023

Jay-Z and Beyonce broke records with their $200 million purchase of a Malibu estate in California.

The luxury market in Los Angeles saw a 37% drop in sales of homes priced at $10 million and above in 2023 compared to the previous year. [ more ]

morelos-angel

therealdeal.com

NYC real estate

Brooklyn Heights, Clinton Hill Townhouses Top Brooklyn's Luxury Market

Historic townhouses in Brooklyn Heights and Clinton Hill were the priciest homes to find buyers in Brooklyn's luxury market.

The most expensive property to enter contract was a renovated townhouse on 150 Henry Street, listed just under $8 million. [ more ]

therealdeal.com

10 months ago

NYC real estate

Brooklyn's Luxury Market Rebounds Post-Thanksgiving

Brooklyn's luxury market rebounded after a Thanksgiving week slump with 20 contracts signed for homes asking $2 million or more.

Carroll Gardens in Brooklyn is known for its expensive homes, with a townhouse asking $7 million being the priciest property to find a buyer. [ more ]

Business Insider

Business

Saudi Arabia is getting a Trump Tower as it ramps up its luxury property push

Saudi Arabia is developing a Trump Tower in Jeddah for luxury market and international investors. [ more ]

designboom | architecture & design magazine