Luxury in ’22: Market slowdowns, reality TV, the metaverse and more

Luxury buyers finally decided to take a pause in 2022 as economic volatility shook the market. But despite a market slowdown, luxury companies and agents continued to make interesting moves. Continue reading

Former LA home of ‘First Lady of Television’ Betty White demolished

Located in the Brentwood enclave of Los Angeles, the former home of the television-acting “Golden Girl” was razed in the past week, with only a fireplace and chimney remaining of the original structure. Continue reading

Alibaba president offloads 2 Hamptons estates at $66.25M

The estates, located on coveted Meadow Lane, span more than eight acres and encompass multiple buildings, a pool, a tennis court, two putting greens and 350-degree water views. Continue reading

Landmark Sotheby’s opens up shop in Outer Banks, North Carolina

Headquartered in Duck, the opening marks Sotheby’s 21st affiliated shop in North Carolina and the sixth office overall for Landmark Sotheby’s. Continue reading

Venture Sotheby’s spreads Hawaiian presence to Mauna Kea Resort

The new offices located in the historic resort will build on the brand’s existing presence on Hawaii Island in Keauhou, Waimea and Hilo. Continue reading

Madison Estates Sotheby’s merges with The Franzese Group

The Franzese Group is the latest addition to the 50 additional real estate professionals Madison Estates Sotheby’s International Realty has added to its team since affiliating with the brand in 2021. Continue reading

Leading Los Angeles agent returns to Sotheby’s International Realty

Marc Noah was with Sotheby’s International Realty for about seven years before moving to Hilton & Hyland. Prior to that, he was a loan officer with mortgage company First Capital. Continue reading

8 challenges agents should be ready for when selling a luxury penthouse

From dealing with co-op boards to undoing prior upgrades that weren’t up to code, these are the unique challenges luxury agents said can come up with a penthouse transaction. Continue reading

Gilded Age mansion breaks Fifth Ave. townhouse record in $50M sale

The Beaux-Arts-style townhouse had not traded hands in over 75 years and marks a price record for any townhouse sold on Fifth Avenue, according to Douglas Elliman Realty. Continue reading

Engel & Völkers Americas promotes NYC leader as chief strategy officer

In this role, Stuart Siegel will identify and manage new areas of growth opportunity, and keep his existing roles as a leader at the brand’s New York City office and as global head of Private Office and Development Services. Continue reading