Christie's International Real Estate is the luxury real estate arm of Christie's, the fine art auction house. This wholly owned subsidiary was established in 1995 and is an international network of high-end real estate brokers.
History
Christie's, originally founded in 1766 by James Christie, pursued an innovative real estate venture in 1995 by acquiring Great Estates, a luxury real estate network founded in 1987. Christie's International Real Estate is an affiliate network and has offices in London, New York, Hong Kong, Beverly Hills, Chicago, and Palm Beach; and more than 135 affiliated brokerages in Europe; North, Central, and South America; and the Caribbean as well as Asia, Africa, and Oceania. On January 11, 2011, the company changed its name from Christie's Great Estates to Christie's International Real Estate.
Christie's International Real Estate magazine
Christie's International Real Estate is a quarterly full-colour publication showing international luxury real estate being offered for sale by the network. This quarterly magazine is a high-profile, full-color publication circulated to tens of thousands of affluent individuals worldwide, and is also available for sale.
Notable Sales
Significant sales over recent years include:
- Copper Beech Farm (Greenwich, Connecticut). The 50-acre waterfront estate was sold by David Ogilvy & Associates in April 2014 for US$120,000,000 and was, at the time of sale, the highest residential transaction ever recorded in the United States.
- Hotel De Soyecourt (Paris, France) in September 2006. Listed at EUR100,000,000, the property was sold by Daniel Féau Conseil Immobilier.
- Kaiuso (Kyoto, Japan) was listed at ¥8,000,000,000 and sold in December 2009.
- Gouverneur Bay Estate (St. Barthélemy, French West Indies). Sibarth Real Estate, a Christie's International Real Estate Affiliate, recorded the world's highest priced residential property sale in 2009, with the sale of a EUR61,200,000 (approximately US$89,000,000) estate.
- Central Park West Penthouse (Manhattan, New York) in February 2012. Brown Harris Stevens Residential Sales sold the residence for US$88,000,000.
- The Manor (Holmby Hills, Los Angeles, California). Hilton & Hyland Real Estate, a Christie's International Real Estate affiliate sold the property in June 2011 for US$85,000,000.
- Little Jennie Ranch (Jackson Hole, Wyoming) in 2005. This property was listed at US$55,000,000 and was sold by Real Estate of Jackson Hole.
- Harkness Mansion (Manhattan, New York) in October 2006. Brown Harris Stevens Residential Sales sold this estate for US$53,000,000.
- 80-acre (320,000 m2) Conyers Farm Estate (Greenwich, Connecticut) in August 2004. This property was listed at US$53,000,000 and was sold by David Ogilvy & Associates.
- Milbank Mansion (Manhattan, New York) in March 2008. Brown Harris Stevens Residential Sales sold the property for US$49,000,000.
- Crystal Island Ranch (Carbondale, Colorado) in July 2006. Listed at US$48,500,000, this residence was sold by Joshua & Co.
- Oceanfront Estate (East Hampton, New York) in January 2006. This 15.8-acre (64,000 m2) estate was sold for US$43,000,000--$1 million over its asking price--by Brown Harris Stevens of the Hamptons & the North Fork.
Notes
Further reading
- "Fighting for Turf: Sotheby's vs. Christie's" from The New York Times (1996)
- "New Sotheby's Franchises Expand Into Low-End Housing" from The Wall Street Journal (2007)
External links
- "Christie's International Real Estate"
- "Christie's International Real Estate Magazine (online edition)"
- "Christie's: Real Estate"
Interesting Informations
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