Category: UK – London

Recently Listed – A Luxurious 2-Bedroom Condo That Will Steal Your Heart

The Campiello Collection in Chelsea was developed by Elad. It was one of their first condos in New York in the early 2000’s when most people would head to the Upper East Side still when looking to buy, to find themselves a Classic 6 – as the traditional 2-bedroom coop homes were referred to with their closed kitchens and small maid rooms. While no one measures square footage in the same way, these ranged from 1,400 to 1,600 Square Feet.

By 1998 developers had started to convert former warehouses in lower Manhattan and Chelsea was about to undergo great change. Formerly the Barney’s parking lot (Barney’s is back – around the corner) this building was built ground up as a boutique full-service luxury condo. One of its key features that make it stand out today are the extra spacious living rooms and bedrooms. To attract buyers downtown back then, it was all about space. By the 2004 developers started chopping the apartment sizes down so many later New Developments in Chelsea and the area had small second bedrooms and tighter living / dining combinations.

This home was recently updated with the most beautiful of 5″ wide plank white oak floors which look and feel incredible under your feet. Peaceful beyond belief, this residence is a great escape from New York without having to leave. Enjoy this short clip. Price: $ 2,995,000

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Off to the Races: 2016 Horse Racing Season Guide

Off to the Races: 2016 Horse Racing Season Guide Kentucky Derby - Photo: iStockphoto/ Jill Lang

Ready, set, hats!

May marks the beginning of horse racing season, and its attendant mint juleps and mojitos, bright sundresses, and huge statement hats. To prepare you for high racing season, my team and I have put together a primer of the most important races, what’s at stake at each this season, and how to answer the most pressing question – what to wear? Read more…

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Remembering Zaha Hadid

Remembering Zaha Hadid Cultural Center, Baku Azerbaijian by Zaha Hadid - Photo: iStockphoto/Asurobson

“People think that the most appropriate building is a rectangle, because that’s typically the best way of using space. But is that to say that landscape is a waste of space? The world is not a rectangle.” – Dame Zaha Hadid

Recently, when I learned the sad news of Dame Zaha Hadid’s passing, I was reminded of the moment in 2015 when Read more…

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Manhattan Market: What Does a $2.5M Condo Really Cost Foreign Buyers Today?

Manhattan Market: What Does a $2.5M Condo Really Cost Foreign Buyers Today? Rise in local currency cost to a foreign buyer for $2.5M NY property, from 2014 to 2016 based solely on currency value fluctuation

Much has been written about Chinese and Russians dropping $30+ million on Manhattan luxury condominiums since 2012. As a result, even sellers of condos priced between $1-4 million ask: “Where are the foreign buyers for my home? What will you do to attract them?”

While huge amounts of foreign currency is being spent on US real estate, not every property type is benefiting from it or is appealing to an international buyer. Generally, foreign buyers who Read more…

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Favorite Cities of the Super Rich – London Ranks #1 per Forbes Magazine

Favorite Cities of the Super Rich – London Ranks #1 per Forbes Magazine London Aerial View at Night - Photo by Jason Hawks 2008

In this recently posted photo gallery by Forbes (click link) ranked the top 11 cities that the super rich (HNWI) are choosing to buy in. London ranked #1 with New York luxury real estate coming in at #2.

With a growing personal network of global brokers that I have met and know, it’s becoming evident to me how Read more…

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Why One57 and New York’s Luxury Properties Are Selling At Record Prices

Why One57 and New York’s Luxury Properties Are Selling At Record Prices View from the top of One57 - Photo by Chang W. Lee for the New York Times

A September 18th New York Times article entitled “Rising Tower Emerges as Billionaire’s Haven”, details the success Gary Barnett and Extell development are having with One57, New York’s newest and tallest (1,004 feet high) luxury residential real estate development. VIDEO

Trophy property sales in Manhattan have skyrocketed in 2012.  While the $95 million the buyer of the full floor unit at One57 is a New York record and surpasses the $88 million Read more…

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Tavistock Group: Investing in Luxury Real Estate

Christopher Anand of the Tavistock Group shares successful tips for investing in Luxury Real Estate. Tavistock’s successful investment strategies provide insight into why global high net worth individuals (HNWI’s) invest in New York luxury real estate (condos and townhouses) in Manhattan. Anand’s tips and Tavistock’s strategies agree with a recent Knight Frank Wealth Report revealing that along with equities, HNWI’s are purchasing Art, Wineries, Sports Teams along with other non-paper investments as part of an overall strategy to have more protected investment portfolios. Contact me for your New York luxury real estate needs. – Tony Sargent

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Monday Market Video: Average Manhattan Home Now Costs $2M

Posted on April 4, 2016

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