Definitions

christie north

Christie's Great Estates

Christie's Great Estates is the real estate arm of Christie's, the world’s oldest fine art auction house. This wholly owned subsidiary of Christie's was established in 1995 and is the largest international network of real estate brokers dedicated to the marketing and sale of luxury properties.

History

Christie’s clients who buy and sell works of art often request real estate services. To satisfy this demand, Great Estates, founded by Kay Coughlin in 1987, was acquired by the auction house in 1995. For more than 15 years, Christie’s Great Estates has been headquartered in Santa Fe, New Mexico, and has offices in Los Angeles, New York, London and Palm Beach, Florida.

The Network

The Christie’s Great Estates network spans more than 40 countries worldwide, with 850 offices and approximately 35,000 brokers. In 2007, the network achieved total combined annual sales in excess of US$125 billion. The average price of homes listed with the network is US$7.5 million, with an average sale price of US$5.3 million.

Admittance to the Christie’s Great Estates network is offered by invitation only to those real estate companies with proven records of success in high-value home sales and who exemplify Christie’s traditional value of service. Once awarded affiliate status, brokers may then display the Christie’s brand and use the proprietary marketing services of Christie’s Great Estates.

Christie’s Great Estates magazine

Christie’s Great Estates showcases international luxury real estate being offered for sale throughout the network. This quarterly magazine is a high-profile, full-color publication circulated to tens of thousands of the world’s most high-net-worth individuals. The magazine is also available in Christie's offices, at newsstands and bookstores in affluent communities throughout the world, and in many fine hotels and inns.

Notable Sales

Christie’s Great Estates affiliate companies have sold some of the most expensive properties in the world, including:

  • Hotel De Soyecourt (Paris, France) in September 2006. Listed at €100,000,000, the property was sold by Daniel Féau Conseil Immobilier.
  • 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 LLC sold this property for US$53,000,000.
  • 80-Acre 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, LLC, sold this property for US$49,000,000.
  • Crystal Island Ranch (Carbondale, Colorado) in July 2006. Listed at US$48,500,000, this property was sold by Joshua & Co.
  • Mandalay Ranch (Aspen, Colorado) in January 2004. This property was listed at US $46,000,000 and was sold by Joshua & Co.
  • Oceanfront Estate (East Hampton, New York) in January 2006. This 15.8-acre estate was sold for US $43,000,000—$1 million over its asking price—by Brown Harris Stevens of the Hamptons & the North Fork.
  • Duke-Semans Mansion (Manhattan, New York) in January 2006. Brown Harris Stevens Residential Sales, LLC, sold the property for US$40,000,000.
  • Round Hill Estate (Greenwich, Connecticut) in January 2008. The property was listed at US$38,000,000 and was sold by David Ogilvy & Associates.
  • Superb Villa (Beaulieu-sur-Mer, France) in May 2007. Listed at €23,000,000, the property was sold by John Taylor.
  • John H. Duncan Mansion (Manhattan, New York) in November 2007. The property was listed at US$35,000,000 and was sold by Brown Harris Stevens Residential Sales, LLC.
  • Malibu's Finest Estate (Malibu, California) in April 2006. The property was listed at US$35,000,000 and was sold by Hilton & Hyland.
  • 18th-Century Hôtel Particulier (Paris, France) in February 2005. Listed at €26,000,000, the property was sold by Daniel Féau Conseil Immobilier.

Notes

Further Reading

External Links

Search another word or see christie northon Dictionary | Thesaurus |Spanish
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature
FAVORITES
RECENT

;