Collections Magazine Volume VII

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SPRING / SUMMER 2017 EDITION
 Collections

It is our pleasure to share our latest edition of Collections magazine, a selection of current offerings and recent sales by Kienlen Lattmann Sotheby’s International Realty.

It was developed as an approach to provide additional local exposure for our clientele,Collections is distributed to over 18,000 area residents.

Please click here to view our digital edition.

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New Development Spotlight | The Woolworth Tower Residences, New York City

Our managers went to tour this iconic property in Manhattan.  They said the architecture was captivating!

Showcasing the height of new luxury construction in some of the world’s most sought after locations, let’s explore an exclusive new development from our worldwide network.

Woolworth1The Woolworth Tower Residences | New York City, New York | Sotheby’s International Realty – East Side Manhattan Brokerage

The Woolworth Building soars above City Hall Park at the gateway to Tribeca. Unprecedented in size and sophistication when it was first completed in 1913, this graceful tower remains an elegant jewel in the skyline of downtown Manhattan.

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Today, the top thirty floors are being masterfully transformed by famed French architect Thierry W. Despont into The Woolworth Tower Residences: a limited collection of thirty-three luxury condominium residences atop a celebrated New York City landmark.

Discover Luxury Developments from Around the World

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Built in 1913 and celebrated as the tallest building in the world at the time of completion, this National Historic Landmark has inspired countless painters, photographers, movie makers, dreamers, and everyday New Yorkers.

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The Woolworth Tower Residences comprises the top thirty floors of the celebrated structure and are being reimagined into thirty-three prized condominiums, crowned by a extraordinary seven-story Pinnacle Penthouse.

Explore more of the Woolworth Tower Residences

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Colorful Beaches Around the World

Take the time to look around and be inspired by the vibrant colors naturally found across planet Earth. Explore homes near the world’s most colorful beaches.  We can refer you to sales associates all around the world.

Hawaii

01 Papakolea_snapshot

By jonny-mt – Own work, CC BY 3.0

Papakōlea Beach is a green sand beach located on the southeastern end of the island of Hawaii.  The olivine-colored sand is said to come out from the erosion of a collapsed cinder cone.

02 Hawaii

$1,599,000 USD | Captain Cook, Hawaii | MacArthur Sotheby’s International Realty

 Just north of Papakōlea Beach, nestled upon three private acres, lies this tranquil island retreat.  The property has unique finishes throughout including Mexican Saltillo tile floors, mosaic tile designs and a fireplace built with hand-picked smooth lava beach rocks and a driftwood mantel.  A five-bedroom oasis, the home offers unobstructed views of the Hawaiian coastline.

Bahamas

03 Great_Harbor_Cay_horseshoe

By Patrickneil assumed (based on copyright claims). Own work assumed (based on copyright claims)., CC BY-SA 3.0

For pink sand beaches, look no further than Harbor Island in the Bahamas.

04 Bahamas

$1,650,000 USD | Harbour Island, Eleuthera, Bahamas | Damianos Sotheby’s International Realty

 A historic colonial home originally built in the 1800s, this Harbor Island property offers a cozy island lifestyle with easy access to the beach.  The home was renovated in 2013 and honors the property’s architectural past with mahogany windows and doors, cedar siting interiors and a shingle roof.  The home has three bedrooms and additionally features an outdoor dining area and sitting porch, seamlessly blending indoor and outdoor living.

Malta

05 GozoRamla

By The original uploader was Yoruno at Italian Wikipedia – Transferred from it.wikipedia to Commons., CC BY-SA 3.0

Located on the Maltese island of Gozo, Ramla Bay boasts unique, orange sand beaches.

06 Malta

€2.500.000 EUR | Xewkija, Malta | Malta Sotheby’s International Realty

 Less than 15 minutes inland from Ramla Bay, in the village of Xewkija, sits this historic, 18thCentury estate.  Spanning over 13,000 square-feet, the meticulously restored property comprises a main house, outdoor entertaining area, swimming pool, large garden with lawn area and a two-car garage.  Four of the five bedrooms feature original frescos on the walls with the fifth bedroom boasting an adjacent terrace.

Australia

07 Hyams_Beach,_Jervis_Bay,_Australia

By Dave Naithani – Own work, CC BY-SA 3.0

Hyams Beach in New South Wales, Australia holds the Guinness World Record for whitest sand in the world.

08 Australia

Price Upon Request | Sydney, New South Wales, Australia | Sydney Sotheby’s International Realty

 This sprawling, 50-acre estate is located north of Hyams Beach.  The property comprises an elegant main house, separate pool house, double lock-up garage with additional parking for up to 10 cars and a farm with cattle yard, two dams and a shed.  The home also features a heated self-cleaning oxygen pool and lush professional landscaping with gardens including date palms, olive trees, flame trees, wisteria and magnolia, among others.

Hawaii

09 Punalu'u_Beach,_Big_Island_of_Hawaii,_Hawaii_(4529482976)

By Ken Lund from Reno, Nevada, USA – Punalu’u Beach, Big Island of Hawaii, Hawaii, CC BY-SA 2.0

Punalu’u Beach, located on the island of Hawaii, is a black sand beach, formed from lava flowing into the ocean and then cooling.

10 Hawaii

$2,500,000 USD | Volcano, Hawaii | MacArthur Sotheby’s International Realty

North of the Punalu’U Beach is this historic, volcano property built in the early 1900s.  The private estate is nestled upon more than 13 acres of gated land.  Lying 3,800 feet above sea level, the property has been fully renovated and restored and comprises a main house, turnkey guest house and an art studio.

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Sotheby’s Wine Auction: From the Cellars of a Connoisseur, Part I

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On 25 March, Sotheby’s New York is privileged to host Part I in a trilogy of sales of A Monumental Collection, From the Cellars of a Connoisseur. The sale features incredible selections from the world’s greatest producers including a full case of 1990 Musigny from Domaine Leroy, thirty lots of Domaine Armand Rousseau, four vintages of Ermitage, Cuvée Cathelin from JL Chave and an astonishing eighty-four lots of Masseto. The sale is 343 lots and has a pre-sale estimate of $1.2 million. This sale will be followed by Part II in London on 29 March and Part III in Hong Kong on 1 April. Register to bid here or just stop by the Sotheby’s Wine store at 1334 York Avenue, NYC.

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The Sotheby’s International Realty® Brand Achieved $95 Billion in Global Sales Volume for 2016

Posted on February 27, 2017

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CNBC broke the news this morning that for 2016, the Sotheby’s International Realty Affiliates LLC affiliated brokers and sales professionals achieved approximately $95 billion in global sales volume, the highest annual sales volume performance in the history of the brand, driven largely by a brand record of over 127,000 transactions. 

 

“During a year when the words “slowdown” and “slump” were used to describe the luxury housing market, 2016 turned out to be a banner year for Sotheby’s International Realty.” – CNBC                                                                                                   

Global Growth

The Sotheby’s International Realty® brand also reported growth across its global network, which now encompasses nearly 70 countries and territories worldwide. At year-end, the network totaled 880 offices and more than 20,000 sales associates.

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Outside the United States, the Sotheby’s International Realty brand achieved $10 billion in sales volume in 2016 and continued to expand into key markets. The brand saw continued growth in Europe, entering the countries of Austria, Croatia, Slovakia, Slovenia and Montenegro. The brand also expanded in the Asia-Pacific region through affiliations in Fiji and Shanghai and continued to grow in Hong Kong and greater Thailand. Finally, the brand expanded its presence in the Caribbean with the addition of affiliates in Roatan and St. Vincent & the Grenadines.

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In the United States, the Sotheby’s International Realty brand achieved $85 billion in sales volume in 2016 and also added seven independently owned and operated residential real estate firms as well as 45 new offices to its network across the country.  This past year witnessed continued significant growth by existing affiliate companies through talent attraction and mergers and acquisitions, most notably increasing the brand’s market presence in Lexington and Concord, Massachusetts, throughout southern Rhode Island and on the island of Kauai, Hawaii. The brand also entered several key new markets last year, namely: Gulf Shores, Alabama; Pittsburgh, Pennsylvania; and Virginia Beach, Virginia.

 Innovative Technology

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The Sotheby’s International Realty brand was at the forefront of interactive technology in 2016 with the introduction of 3D Tours with Virtual Reality capability on sothebysrealty.com. Additionally, the site saw the most traffic in its history with nearly 22 million visits, a 54% increase year-over-year.Capture2

The brand also launched the first luxury real estate app for Apple TV, featuring professionally curated high-resolution photography and high-definition video giving consumers the opportunity to explore homes on a screen larger than ever before. An alliance with Juwai.com was launched in 2016 that gives the Sotheby’s International Realty network an edge to generate Chinese homebuyer interest on one of the world’s most prominent real estate websites with over two million monthly visitors. As a truly international brand, Sotheby’s International Realty has the most global representation on Juwai.com, displaying luxury listings from 66 countries and territories.

 

“CEO Philip White told CNBC in a recent interview that Sotheby’s makes “the consumer the real focus, and that’s important when you do business in the luxury space. We made a decision early on to provide the consumer a high level of exceptional service and true global exposure.”‘- CNBC

 

The Sotheby’s International Realty brand was the No. 1 real estate company represented in two of the six categories that comprise the annual REAL Trends/The Wall Street JournalTop Thousand” report. The Sotheby’s International Realty brand claimed 45 of the top 250 sales associates in the Individual Sales Volume category, more than any other real estate company. The brand also had the highest combined individual sales volume from sales associates in the same category. In addition, the Sotheby’s International Realty brand had the most individuals represented in the Individual Average Sales Price category, holding 17 of the top 50 spots (34%), further establishing the strength of the Sotheby’s International Realty brand as a leader in luxury real estate sales.

 

Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website.  In addition to the referral opportunities and widened exposure generated from this source, each brokerage firm and its clients benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.  Each office is independently owned and operated.

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Sotheby’s International Realty Reaches Dominican Republic

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Seaside Mollica

 

MADISON, N.J. (Feb. 23, 2017) – Sotheby’s International Realty Affiliates LLC today announced that Sergio Llach Luxury Dominican Properties in eastern Dominican Republic is the newest member of its network and will now operate as Sergio Llach Sotheby’s International Realty.

Sergio Llach is the owner and operator of the boutique firm established in 2002 that serves the luxury residential real estate markets of La Romana, Punta Cana, Santo Domingo and Dominican Republic.

“Known for its beaches, resorts and golf courses, the Dominican Republic is an ideal second-home location,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “Sergio Llach and his knowledgeable team have a profound understanding of the luxury consumer in the Dominican Republic and we are proud to welcome them to our global network.”

“Providing excellent client service is how we measure our success,” said Llach. “The wealth of opportunities provided by the Sotheby’s International Realty® brand will allow us to serve our clients at the highest level of quality and we are proud to be a member of the Sotheby’s International Realty network.”

The Sotheby’s International Realty brand also has an affiliate in northern Dominican Republic, Holden Sotheby’s International Realty. The two brokerage companies plan to work cooperatively to best serve clientele around the island.

The Sotheby’s International Realty network currently has more than 20,000 affiliated independent sales associates located in approximately 850 offices in 65 countries and territories worldwide. Sergio Llach Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

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Home Selling Tips for 2017

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Thinking of selling your home in 2017? If so, you should go into the process as well-prepared as possible. A home is a big investment for any buyer, and with a competitive housing market, you want to do everything possible to improve the chances someone will choose your home rather than the one on the next block over. If you’re planning to list your home this year, here are some selling tips to keep in mind.

Know your local market

One of the most common mistakes homeowners make when selling their home is that they are unaware of what similar homes are selling for in their neighborhood. The housing market is driven by local trends that can differ from one side of the street to the other. If you don’t know your comparable home sales (or “comps”), you’re more likely to price incorrectly. Overpricing your home can delay the sale, while underpricing it can obviously cause you to lose valuable profits. A Kienlen Lattmann Sotheby’s International Realty agent can provide detailed data about your local market so you can determine an asking price that is both competitive and fair, improving your chances for a timely sale.

Make the necessary updates

There are two things to consider when deciding on what updates you need before selling your home: you need to look at updates that will increase value, and updates that will increase buyer appeal. If your kitchen looks dated and the appliances are nearing their end, for example, a strategic kitchen remodel can more than pay for itself by increasing value. It will also make your home more attractive to a buyer. A fresh coat of paint won’t necessary raise your appraised value, but if the paint is old, peeling or dated, it could make your home less appealing to buyers. In this case, it may be worth the small cost to update the paint.

Cleaning, de-cluttering and staging your home

It’s surprising how many homes go up on the market without being cleaned or properly staged. It’s equally surprising how many sellers are baffled that they can’t get an offer, or get a slew of low-ball offers for their home. A clean, tidy, uncluttered space is simply easier to sell because it is more inviting. Go through and deep clean the home, inside and out. Clear off all coffee tables and end tables. Keep decorative objects on the furniture restricted to groups of 1, 3, or 5 items.  Clear off dining table except for one nice centerpiece. Remove extra leaves from tables to make the room look bigger. Stage the home in a way that is uncluttered and easy for prospective buyers to walk through. Our staging consultant can offer some key advice here as to the proper staging for a quicker sale.

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Don’t forget curb appeal

For many people, the decision to make an offer is made curbside—that’s how important first impressions are. Make sure the outside of your home looks its best. Repainting the doors and trim to help make the house look crisp and in good condition is one of the least expensive things you can do to dress up a home. Sometimes other subtle changes like replacing the house numbers or outdoor light fixtures can improve curb appeal greatly.

When preparing your home for sale, a knowledgeable, experienced agent can typically offer valuable advice as to pricing, staging, timing and other factors. To learn more, call Kienlen Lattmann Sotheby’s International Realty today.

 

Office phone numbers:

Basking Ridge – 908.696.8600

Bedminster – 908.719.2500

Madison – 973.377.7785

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Sotheby’s Auction House | Rétromobile Show Week in Paris

Starting of the 2017 calendar, RM Sotheby’s will once again be present at the Rétromobile show week in Paris. Held at the historic Place Vauban in the city’s center, the stunning grounds offer the perfect setting for the finest sports, racing and touring cars from both pre- and post-war periods. Ahead of the sale, here are four automobiles with exceptional rarity and provenance to be featured at the February 8 auction event.

rm-paris-2017-51964 Austin-Healey 3000 Mk III BJ8 Works Rally Car. Estimate €340,000–450,000

Winner of the 1964 Spa-Sofia-Liège rally, BMO 93B is one of three Austin-Healey Works cars prepared for the 1964 season and one of only five to win a major event. Offered for the first time in twelve years, after undergoing a complete restoration between 2009 and 2014, BMO 93B is ready to make its return to the vintage racing scene.

rm-paris-2017-11934 Alfa Romeo Tipo B P3. Estimate €3,800,000–5,000,000

Driven by celebrated drivers such as Tazio Nuvolari and Pierre Louis-Dreyfus, complete with an unbroken history of ownership and confirmed factory-original components, this P3 is a sensational example of the first monoposto Grand Prix model.

rm-paris-2017-21964 Porsche 901 Cabriolet Prototype by Karmann. Estimate €850,000–1,000,000

Offered for the first time at a public sale, this car is the only open-topped example of the thirteen Porsche 901 Prototypes built in the 1960s. Presented in largely original condition, this prototype has undergone no significant cosmetic restoration since leaving Porsche in 1967 and has had only three private owners.

rm-paris-2017-41956 Inter 175A Berline. Estimate €50,000–70,000

A distinctive ‘microcar’ brimming with aeroplane design elements, this Inter 175A Berline is one of just 30 surviving examples – all of which are unique. Designed by a French aeronautics firm, the Inter is a fascinating bit of automobile history

Discover more historic automobiles available at this event

 

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#TravelTuesday | Fodor’s Go List 2017

This #TravelTuesday, join us as we discover properties in cities ripe for travel this year, as ranked in the Fodor’s 2017 GO List.

Cape Town, South Africa

1 South Africa

R 35 000 000 ZAR | Cape Town, South Africa | Lew Geffen Sotheby’s International Realty

Fodor’s suggests planning a trip to Cape Town during its summer months – January through April.  With oversized windows surrounding the house, this contemporary estate boasts panoramic views across the Constantia Valley towards the mountains and False Bay.  The home is nestled on over an acre of land and features four bedrooms, a three-car garage and an outdoor pool.

Bordeaux, France

2 France

€2.830.000 EUR | Bordeaux, France | Bordeaux Sotheby’s International Realty

Any time is a good time to take a trip to Bordeaux.  This historic chateau is situated on over 50 acres of land and overlooks the surrounding French countryside.  The residence comprises a five-bedroom main house with a guest wing, an orangery, an outbuilding and stables with eight loose boxes.  In addition, the property has immaculate gardens with topiaries and a water fountain and an outdoor pool.

Washington DC

3 Washington DC

$6,950,000 USD | Washington, District of Columbia | TTR Sotheby’s International Realty

Washington DC is another year-round destination, but it is especially worthwhile in the early spring during the Cherry Blossom season.  A duplex penthouse in the heart of the city, this residence spans over 4,500 square-feet and has private elevator access.  The apartment has three bedrooms, formal dining room, expansive top-of-the-line kitchen and private outdoor space.  Additional amenities include an integrated audio system, high-tech climate control and motorized shades.

Denver, Colorado

4 Denver

$3,999,000 USD | Denver, Colorado | LIV Sotheby’s International Realty

Denver has 300 days of sunshine, making any time an ideal time for a visit.  This newly completed penthouse boasts breathtaking views of Downtown Denver, Pikes Peak and the surrounding mountain ranges.  Spanning over 4,600 square-feet, the apartment features an open floorplan, floor-to-ceiling windows, three bedrooms, state-of-the-art Creston system and an expansive, private skydeck.  In addition, the building offers underground parking, a fitness center and concierge services.

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Sotheby’s to Auction Alexander Hamilton’s Letters and Manuscripts

Alexander Hamilton: An Important Family Archive of Letters and Manuscripts

Never truly forgotten, Alexander Hamilton, one of America’s previously neglected founding fathers, has recently achieved a level of fame, and even celebrity, not seen since his own brief but momentous lifetime. Starting with the inclusion, 2001, of a wide-ranging selection of Hamilton’s letters, essays, and government papers in the canonical Library of America series; continuing with Ron Chernow’s prize-winning and best-selling biography, Alexander Hamilton, 2004; and culminating with Lin-Manuel Miranda’s Broadway phenomenon Hamilton, which won eleven Tony Awards earlier this year, Alexander Hamilton now stands with Washington, Jefferson, Adams, Franklin, and Madison in terms of familiarity—and probably eclipses them all in terms of popularity.

Just reading the register of Hamilton’s achievements is exhausting: mercantile clerk, college student, poet, artillery captain, adjutant to General Washington during the Revolutionary War, congressman, abolitionist, founder of the Bank of New York, New York state assemblyman, member of the Constitutional Convention and the New York Ratifying Convention, essayist responsible for the majority of the Federalist Papers and all of the Pacificus Papers, first Secretary of the Treasury, founder of the New York Post, major general in the army, a titanic force in the country’s first four presidential elections—and the father of eight.

Sotheby’s is privileged to offer for sale a highly important family archive of manuscripts by and relating to Alexander Hamilton which touch on virtually every phase of his extraordinary life.

source: Sotheby’s

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