Main image: One57 broke the record for the highest price achieved in New York
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.
Ten of the best graphs from this year’s Wealth Report
How many square metres of prime property does US$1m buy around the world right now; which property types have come to the fore since the onset of the pandemic; where are the biggest centres for UHNWIs;
Biden pitches tax hikes for wealthiest Americans
‘Trickle-down economics has never worked’, said the POTUS in an historic speech on the eve of his 100th day in office.
The world’s billionaires have seen a ‘significant decrease’ in wealth & numbers
UK billionaires' combined net worth fell by 17% in 2018, reports Wealth-X
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Grade I Belgravia mansion goes for £35mn
Biggest house deal officially filed so far this year revealed.
Buying agency Black Brick boosts team with trio of hires
Former Prime Purchase director Alex Oliver is among three new additions to the firm’s London-based operation.
Knight Frank launches new investor advisory offering as buy-to-let landscape shifts
Agency hosts panel discussion to debut new team, with discussions focusing on landlord caution, regulatory pressure - and where investors are still finding opportunities.
Knight Frank in fresh New York push with luxury brokerage tie-up
Big-brand property consultancy declares a 'major milestone' for the business as it signs a new partnership in the Big Apple.
Deal sealed on £20.5mn duplex at Knightsbridge Gate
Buyers returned to the heritage-led boutique development after looking at competing super-prime projects across Prime Central London.
London Square gathers top design names for Milan debrief at new Mayfair HQ
The Aldar-owned developer has ramped up its presence in PCL with a luxurious new Bruton Place base.
Big-ticket London home sales slide by over a third as caution returns
Latest data: Savills says wealthy buyers are retreating towards the capital’s traditional golden postcodes, with geopolitical jitters weighing on activity.
Expanding law firm brings in new director to boost PCL offering
Increasing legal complexity and buyer caution mean transactions are getting harder to close, says Leadenhall Law Group.
Forbes Global Properties launches UK brokerage with boutique PCL agency tie-up
Prime London stalwart Martin Bikhit to lead new venture targeting £10mn-plus homes.
Top-end brokerage tests auction route with Grosvenor Square penthouse
Mayfair duplex once asking £22mn returns with an £11.5mn opening bid via a rarely used super-prime sales process.
LATEST ARTICLES
JLL slashes London property price forecast
Property consultancy had expected PCL values to bottom out this year, but 'geopolitical headwinds' mean a further 5.5% decline is on the cards before 2026 is done.
In Pictures: 1930s Wentworth ‘masterpiece’ hits the market at £15mn
The Oliver Hill-designed Cherry Hill is one of the most significant private homes on the exclusive Surrey estate, say agents
St John’s Wood Square marches towards launch, hitting major construction milestone
The former barracks site in NW London is being transformed into a 120-home super-prime scheme by a team led by Sir George Iacobescu.
‘Pricing precision’ driving PCL market, says Knightsbridge agency after £20mn week
New approach now needed to get big-ticket deals over the line, reports Winkworth, following benchmark sale in Belgravia.
My Property Career: Quickfire Q&A with Benji Weinberger
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.