Posted by Leonard Steinberg on June 27th, 2014 Is Kim Kardashian shopping for an apartment in New York or is she just trying to fill her show with footage of her shopping for a home in New York? Is Sotheby’s broker Mark Amadei showing Kim apartments, but ONLY if her camera crew can accompany her on… [Read More]
ENGELS AND VOLKERS OPENS IN NEW YORK: A GROWING TIDE?
Posted by Leonard Steinberg on May 13th, 2014 Another major real estate firm has opened offices in Manhattan: Following the recent announcement that Connecticut/Massachusetts based William Raveis opened an office in Midtown Manhattan, we heard that Engels and Volkers, the German-based international real estate firm with 520 offices in 38 countries, is opening 12,000sf offices at… [Read More]
IS LUXURY USA BILINGUAL COMMUNICATION CHINESE?
Posted by Leonard Steinberg on March 21st, 2014 SOTHEBY’S International Realty distributed a rather impressive large LUXURY SHOWCASE booklet in the Wall Street Journal this morning: while the content was good with many lavish suburban properties advertised for sale, and some statistics about the luxury market and consumer, what was most telling was how bilingual… [Read More]
FOREIGN BUYERS + SAFE BET BUYS FUEL ART BUYING
Two trends emerged in this weeks art auctions that are a reflection of the luxury buyer: Firstly, the bulk of ‘big-bucks-buyers’ were from foreign lands (obviously using foreign currencies to capitalize on the weak dollar). The reality is the big new money is being made in many countries besides the USA. The second trend is… [Read More]