In Pictures: Inside 432 Park Avenue’s ‘sister building’
The CetraRuddy-designed 200 East 59th Street is the follow-up to Harry Macklowe’s 432 Park Avenue, one of the most successful luxury resi schemes in recent New York history.
Hotel giant rolls out branded residence & long-stay portal
Accor – which operates luxury hospitality brands including Raffles, Fairmont and onefinestay – has launched a new bookings platform for its private branded residences and extended-stay hotel properties.
70,000 square foot Israeli ‘palace’ lists at nearly $260m
‘Royal-style’ residence in Caesarea is one of the most expensive private homes ever to reach the open market.
FT: Shopping for a bargain on NYC’s Billionaires’ Row
Writing for the Financial Times, Joshua Chaffin speaks to the luxury developers and agents attempting to sell New York’s most expensive new-builds in the midst of a global pandemic.
Jersey’s property market picks up pace
“People are offering the asking price after walking through the door,” says island estate agency Wilsons Knight Frank. “It’s because in the current market, if you view three properties and then go back to make an offer on the first one it’s likely to have been snapped up.”
Dubai mega-developer names new Chairman after pausing construction
Mohamed Alabbar has stepped down as Chairman of Emaar, becoming Managing Director instead. He has been replaced by Jamal Bin Theniyah.
Forbes launches invitation-only international luxury property portal
Limited to 100 of the “most elite brokerage firms in select cities and second-home destinations across the globe”, Forbes Global Properties is being led by Hilton & Hyland boss, Jeff Hyland, and former Christie’s International Real Estate CEO, Bonnie Stone Sellers.
HNWI splashes out on $30m spread at NYC’s 1228 Madison Avenue
CBSK Ironstate’s latest luxury resi scheme has been designed by Robert A.M. Stern Architects, with interiors by Kelly Behun.
More global markets see house prices begin to fall
The percentage of international property markets registering an annual fall in mainstream residential prices jumped from 2% in Q1 2020 to 16% in Q3 2020.
Caudwell rebrands; installs new sales & construction bosses for Audley Square
Savills and Clivedale alumnus Simon Walker has been recruited as Director of Sales at Caudwell’s super-prime Audley Square scheme in Mayfair, and Uri Mizrahi has been appointed Chief Construction Officer.
HNW research houses Wealth-X & WealthEngine come together
Euromoney, which owns Wealth-X, has bought rival firm WealthEngine.