ONE Sotheby’s Heads to the Hong Kong Art Auctions

 

As part of ONE Sotheby’s International Realty’s international outreach and marketing, several top agents from the firm’s South Florida offices will visit Hong Kong this October to attend the Sotheby’s Art Auctions. During the trip they will showcase Miami and Fort Lauderdale’s luxury real estate opportunities to affluent Chinese buyers and collectors as well as exclusive developments such as ONE Thousand Museum, The Ritz-Carlton Residences and Kai Bay Harbour.

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David Lane, a ONE Sotheby’s agent that is heading to Hong Kong, says, “Miami is competing against every other major city in the world to attract Chinese buyers and investors. New projects backed by Asian developers such as Brickell City Center and Genting Resorts World are giving them the confidence to choose our city over places like New York, London and even Australia.” As Miami continues to grow and invigorate areas such as the Design District, Museum Park, Wynwood and Sunny Isles, it will continue to attract international investors that are looking to be part of the action.

During their stay in Hong Kong our agents will be visiting Sotheby’s Hong Kong to attend various art auctions and events. The auctions that will be taking place include Contemporary Asian Art, 20th Century Chinese Art, Fine Chinese Paintings and Magnificent Jewels and Jadeite. One of the most anticipated auctions taking place is “NIGO Only Lives Twice”, a lot of 250 items from creative entrepreneur NIGO’s personal collection, that will include luxury goods, design furniture, watches, jewelry and much more.

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Make sure to stay tuned to our Facebook, Instagram and Twitter pages for live updates from Hong Kong!

 

ONE Sotheby’s Returns from Russian Art Auction in London

 

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We’re back from a very special trip in London where we sponsored an exhibit of Russian Art for the Sotheby’s Auction House.  The four-day auction event spotlighted some stunning avant-garde pieces from famed artists like Larianov, Stepanova, Nissky and more. The top selling pieces included “Head of Peasant” by Kazmir Severinovich Malevich and “Children With Parasols” by Aristarkh Vasilievich Lentulov, which both sold for $3.52 million USD.

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While there we also had the opportunity to showcase some of One Sotheby’s most elite properties like One Thousand Museum, The Ritz-Carlton Miami Beach, and private listings that are at the top of the market. The auction fetched over $18 million in the sale of precious artwork and brought Sotheby’s professionals and global influencers together for another chic event.

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ONE Sotheby’s To Sponsor Sotheby’s Art Auction Events Around the World

 

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New York, London, Hong Kong- our team is gearing up for Sotheby’s upcoming Premier auctions in these top cities that will feature works by a list of the most renowned artists in contemporary history. Starting off in New York City on May 2nd, our top brokers will be participating in the Impressionist and Modern Art Auction to showcase South Florida’s best properties to buyers and investors. As sponsors we will also attend a private reception and get to network with the art world’s influencers and tastemakers. ONE Sotheby’s is only one of four affiliate sponsors, which include SIR Anguilla and Daniel Gale SIR.

After the first auction in New York, we will be part of the London Russian Art auction, followed by the Hong Kong autumn Sales auction in October and then the Latin American Art auction in New York. The Hong Kong auction is set to feature fine Chinese ceramics, contemporary Asian Art, Southeast Asian Paintings and collectors from all around the world will attend each of the events.

The upcoming Impressionist and Modern Art auction in New York this May is expected to fetch record breaking prices for sculptures and paintings by the likes of Pablo Picasso, Joan Miro, Claude Monet, Salvador Dali, Edgar Degas, and Wilfredo Lam, among others. The highest estimate is for a piece by Matisse that is likely to sell between $20-$30 million.

Sponsoring these auctions is an incredible opportunity to take our luxury properties to a new market and show our clients the extent of our international reach. Stay tuned for updates from the auction floor!

Contemporary and Impressionist Art Auction

NEW TRENDS MARKET REPORT 2014

 

We’re excited to announce a new, majorly refreshed edition of the ONE | Sotheby’s International Realty Trends Market Report 2014. The buzz around this publication is largely due to the extensive overhaul which demands your deep dive into the publication. To gain digital access, all you have to do is view on our ISSUU account now. Print copies will be available at your local ONE SIR office and will be mailed in the coming weeks.

Trends 2014 Market Report from ONE SIR

Trends 2014 Market Report from ONE SIR

This comprehensive report will become your definitive guide to demystifying over 40 communities in the South Florida real estate community. The data rich tool will offer a more visual experience, taking you on a journey through 4 years of data with complimenting graphs at every turn. We’ve added snapshots of hot spots locally and international call outs which break down the ways in which Miami is a top class metropolitan area by global standards.

With more years of comparison to truly establish a trend in the real estate industry, we’ve doubled the length of the issue and are excited to share this hearty tool which will become part of your ONE essentials kit. And the data doesn’t end there. We’re constantly mining new information from the South Florida luxury real estate market and will now use the hashtag #ONEretrend to continue to offer refreshed & relevant information to followers on social media. So please save that search in your digital channels and stay tuned for continued live coverage of dynamic South Florida!

Real Estate Trends – Top Investment for Millionaires in 2014

 

Bloomberg reported on a Morgan Stanley Wealth Management team finding which declared that US millionaires see real estate as the top alternative-asset to own this year. As specialists in luxury real estate, we’re excited to report on this trend. The MS Wealth Team released a survey amongst investors which found that direct ownership of residential and commercial properties was the number 1 alternative-investment pick for 2014. 33%, the largest segment of the group, indicated that they planned to buy this year. 23% will invest in real estate investment trusts.

Kai at Bay Harbor - Example of luxury development available in South Florida

Kai at Bay Harbor – A prime target for luxury buyers in the South Florida market

Factors which help this trend along include the rebounding real estate market in the US, where fixed-income yields are very low and equities strong. Another helpful force are the foreign buyers who have been actively snatching up very high end real estate. These wealthy foreigners bought properties as a security as transactions occur in dollars, and this allows domestic millionaires to maintain the value of their properties. This is also driving competition which in turn drives prices up. To discuss more helpful luxury real estate trends, call a ONE | Sotheby’s International Realty estate agent.

1000 Museum: In the News

 
One Thousand Museum

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Downtown Miami is buzzing with excitement as the area continues to reinvent itself with new residential and commercial developments. Zaha Hadid is at the forefront of the action with her revolutionary design of One Thousand Museum that will change the city’s skyline. Here is the latest new on her all the projects:

ONE Thousand Museum Renderings 

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New Convention Center Plans

Miami based developer MDM Group has confirmed plans to build a massive mixed-use development on the old Miami Arena site. The project will consist of more than 500,000 square feet of convention space along with an 1,800 room Marriot hotel.
Read more here: New Convention Center in the Works

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King Abdullah Financial Center Metro Station
Zaha Hadid’s latest project is the New King Abdullah Financial District Metro Station in Riyadh, Saudi Arabia. It is being developed by the Arriyadh Development Authority and will serve the city’s fast growing population spanning over 20,434 square feet.
Read more here: King Abdullah Financial District Metro Station

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Auction News
Zaha Hadid’s “Aqua” table was auctioned this week at Sotheby’s in Paris. The special piece is made of white polyurethane resin and silicone.

Aqua Table

Business Woman of the Year
Zaha Hadid has been names “Business Woman of the Year” by Veuve Cliquot for her entrepreneurial and financial success as well as commitment to corporate social responsibility. Her exceptional work continues to inspire other and change landscapes throughout the world.

Design- The Serac Bench 
The Serac Bench designed by Zaha Hadid is an urban sculpture that emerges seamlessly from the landscape. It showcases the fluid, continuous nature of Hadid’s work and merges solid and void, object and ground, form and function as an evolutionary lineage evident in her visionary designs.

Serac Bench For more information on One Thousand Museum visit: www.1000museum.com or contact 1.855.ONE.MUSE (663.6873)

Wendy Purvey, CMO of Sotheby’s International Realty, on being an “International Brand”

 

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Wendy Purvey, CMO of Sotheby’s International Realty, visited our Miami Beach real estate office this week and gave an engaging presentation that outlined the true meaning of being “international” and how the brand lives up to that name well beyond real estate. She outlined exciting marketing initiatives to a packed room of top brokers and emphasized the global connections that make our brand stand out from everyone else.

The Sotheby’s International Realty network expands to over 45 countries with hundreds of affiliate offices and 12,500 agents with luxury expertise. This is only one of the many values that come with buying or selling with us. Other points that Wendy touched upon in her presentation focused on global media placements that intelligently showcase properties along with other benefits that can’t be matched.

These include:
• A website with accurate human translation in 15 languages
• Targeted media partnerships with top tier publications that include the International Herald Tribute, the BBC, South China Morning Post, Wall Street Journal, global versions of the New York Time, the Financial Times, etc.
• Opportunity to participate in Sotheby’s auction events world wide
• 45% of web traffic to Sothebys.com comes form outside of the United States
• 72% of people searching on our site search in a language other than English.

All of these efforts combined prove that we are truly the world’s only luxury international brokerage. No other real estate organization can compare to our connections with the international elite.

ONE | Sir to host Sotheby’s Valuations on Chinese Works of Art in South Beach

 

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One Sotheby’s International Realty office in Miami Beach will host Cynthia Volk, a specialist from Sotheby’s auction house during the week of February 25. The specialist will be taking appointments for private auction estimates on Chinese Ceramics and Works of Art.

One of Sotheby’s most active departments, the Chinese Art team has developed strong relationships with key collectors in the field. For sale are a wide variety of works including ceramics, jades, ivory, furniture, bronzes, sculptures, paintings and clocks plus more from the Neolithic period to the Qing dynasties.

Recent successes in the Chinese Art field include a record-breaking $22 million for a blue and white vase with fruit sprays as well as a Ru guanyao lobed brush washer, which set the world auction record for Song ceramics at $26.6 million.

A number of important private collections have entrusted Sotheby’s for their sales, including The Meiyntang Collection, Property from J.T. Tai and Co., The Collection of Carl Kempe and The Estate of Emile Guimet.

Appointments will take place the week of February 25th South of Fifth at 119 Washington Avenue, Suite 102, Miami Beach, Florida. Please call 212-606-7332 for more information.

The actual auction on Chinese Ceramics and Works of Art will take place in New York on September 11. For more information, visit the Chinese Ceramics and Works of Art Department at Sotheby’s.

Meet Nicholas Chow, Senior Director and Deputy Chairman of Sotheby’s Asia, as interviewed by Tim Marlow at the Victoria and Albert Museum in London in this video about Chinese Ceramics and Works of Art.

– Maria de los Angeles is a freelance wordsmith based in Miami.

Sotheby’s to Auction off Famed Cosmetic Mogul’s Jewels

 

Mystery-Set Ruby and Diamond Brooch, Van Cleef & Arpels

A 6.54 carat pink diamond ring, 4.95 carat ruby and diamond brooch, and a 47.1 carat Fancy Intense yellow diamond pendant are all amongst the precious jewels that will be auctioned off at a much-anticipated Sotheby’s event on December 5th in New York. The pieces, which will be a part of the Magnificent Jewels Auction, come from the collections of Estee Lauder, founder of the Estee Lauder cosmetics mega-brand, and her daughter-in-law Evelyn Lauder. Sotheby’s hopes to raise up to $13 million from the auction whose proceeds will be entirely donated to the Breast Cancer Research Foundation, a foundation that Evelyn championed herself.

Platinum and Diamond Ring, Graff

Estee Lauder passed away in 2004 followed by her daughter-in-law who passed last year. Both women left stunning pieces as a part of their estates; the yellow diamond pendant was originally a ring owned by the Duchess of Windsor before it was refashioned for Estee in 1978 by Van Cleef & Arpels. The most stunning of the collection’s jewels will travel to Geneva, London, and Los Angeles this fall for exhibitions before being returned to New York on December 1st where they will be displayed for four days before going to auction.

White Gold, Chalcedony, Sapphire, Amethyst and Diamond ‘Flowerhead’ Brooch, designed by Suzanne Belperron, 1932-1955

Sotheby’s Auctions Items from the Legendary Brooke Astor’s Estate

 

Philanthropist Brooke Astor

Brooke Astor was a New York socialite and legendary philanthropist that received the Presidential Medal of Freedom in 1997 for her humanitarian work. Over 900 items from Astor’s two homes in New York City and Winchester were auctioned over two days at Sotheby’s NY. The collection included French and English furniture, artwork, fine china and silverware, and a large number of dog paintings that were dear to her.

The main highlight of the auction was the selection of jewelry from Astor’s private collection. A total of 64 pieces were sold with her stunning emerald engagement ring going for $1.2million. Other jewels by Van Cleef & Arpels and a dazzling Bulgari emerald and diamond necklace totaled over $5.7million at auction.

Bulgari Diamond and Emerald Necklace

Sotheby’s was expecting the auction to fetch between $6-$9 million, but the final number reached $18.8 million, almost doubling the predictions. Proceeds from the auction will go to charities that Mrs. Astor worked with during her lifetime, including the New York Public Library and the Metropolitan Museum of Art, The Animal Medical Center of New York.

Portrait of Brooke Astor by Sir Cecil Beaton was featured in the auction