#sothebys-realty

#sothebys-realty

Private auctions are characterized by their curated nature, taking place outside the traditional public auction format, which allows for a more controlled and quieter sales environment.

To find a building with this scale, flexibility, and existing group housing use in such a prime location is extraordinarily rare.

The agency has confirmed what it called a "very difficult" decision to close its last remaining office on Brompton Road, bringing an end to operations that once stretched from the Home Counties to Monte Carlo.

During the filming of Magnum, from 1980 until 1988, Selleck reportedly rented a one-bedroom guest cottage on a 5,000-square-foot plot of land in Honolulu. In 1993, he returned, buying the ocean-view property for an undisclosed sum and moving into its 1929-built two-bedroom main house.

The yellow-painted brick and limestone structure measures 21 feet wide and has five bedrooms and half a dozen bathrooms in roughly 7,800 square feet across six levels, all accessible by an elevator.

If you want to sell Basquiats and Birkins to the very rich, it might help to have a location on Billionaires' Row. It might also help if that location had a certain cultural cachet. Bonhams, the international auction house, managed to find such a spread in a 42,000-square-foot space that is knitted from the lower floors of an odd collection of prewar buildings and razed lots, with pops of old brick walls and limestone interrupting expanses of sheer, contemporary glass.

What drew me to [them] was clear: an iconic brand with a genuine commitment to the independent advisors across Canada who have chosen to build their businesses here and to the clients they serve. That kind of alignment is rare. Having spent my career building companies at the intersection of real estate and fintech, I've seen what's possible when talented entrepreneurs are supported by the right platform, tools and leadership.

Stephen Friedman was overdue filing when he went into liquidation on 2 February, closing his London gallery immediately (his New York venue shuttered around the same date). At the time of writing, invoices remain unpaid and artists unable to retrieve works from storage companies. In a statement, Friedman says 'all matters are now subject to the administrator's consideration'.

The sale brought in £130.6 million ($175 million) across 54 lots, and auctioneer Oliver Barker was given a white glove at the end, indicating that all the lots had sold—although one work, a 2004 painting by Robert Ryman, was withdrawn before the event started.

My vision for ONE Sotheby's International Realty has always been to create a company defined by integrity, excellence and a culture where our agents can truly thrive, Mayi de la Vega said. Daniel has been integral to that foundation from day one. His leadership, discipline and deep understanding of our business have shaped our growth and strengthened our culture, and there is truly no one better equipped to guide us into our next era.

The corner of Sunset Blvd. and Alpine Drive became a traffic nightmare. Tour buses made it a stop. Tourists and locals alike milled about, gawked and took pictures. The neighbors were incensed. The "renovation" performed by Sheik Mohammed al Fassi, then 28, and his wife made them the talk of the town.

The street's ultra-luxury towers - from the first generation of supertalls west of Sixth Avenue that shaped the skyline, to mixed-use developments eastward 'driving the next phase of growth' - offer a dense concentration of cultural and lifestyle capital, paired with direct access to Central Park.

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Under the terms of Sotheby's new fee structure, buyer's premiums for lots sold in New York are increasing from 27% on lots priced at or above $1m to 28% for all works sold for hammer prices up to and including $2m (£1.5m in London). The medium tier buyer's premium will remain 22% of the hammer price, but will be applied to lots sold for between $2m and $8m (£1.5m and £6m in London);

Earlier this week, former Howard Hughes CEO David Weinreb agreed to rent his West Chelsea penthouse for $177,500 a month, an eye-popping figure that followed a $95,000-a-month lease at a Naftali Group building on the Upper East Side in December. Data on trophy rentals is tough to pin down, but this is likely among the most expensive leases ever inked in New York City. The two hefty leases came as inventory for Manhattan's trophy rentals—which appraiser Jonathan Miller defines as the top 1 percent of the market, with rates starting at $25,000 a month—was down more than 40 percent year-over-year in January, as new leases climbed (albeit, at a more modest pace).