Christie's Great Estates
Encyclopedia
Christie's International Real Estate is the 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.
Christie's
Christie's is an art business and a fine arts auction house.- History :The official company literature states that founder James Christie conducted the first sale in London, England, on 5 December 1766, and the earliest auction catalogue the company retains is from December 1766...
, 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 by Kay Coughlin. Christie’s International Real Estate is an Affiliate network and has central hubs in London and New York; field offices in Beverly Hills, California, and Palm Beach, Florida; an operations centre in Santa Fe, New Mexico; and circa 130 Affiliates 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:- Hotel De Soyecourt (Paris, France) in September 2006. Listed at €100,000,000, 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 €61,200,000 (approximately US$89,000,000) estate.
- The Manor (Holmby Hills, 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 LLC sold this property for US$53,000,000. Conyers Farm Estate (Greenwich, ConnecticutGreenwich, ConnecticutGreenwich is a town in Fairfield County, Connecticut, United States. As of the 2010 census, the town had a total population of 61,171. It is home to many hedge funds and other financial service companies. Greenwich is the southernmost and westernmost municipality in Connecticut and is 38+ minutes ...
) 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, ColoradoCarbondale, ColoradoCarbondale is a Home Rule Municipality in Garfield County, Colorado, United States. The population was 5,196 at the 2000 census. The town is located in the mid valley of the Roaring Fork River, downstream from Aspen and upstream from the mouth of the Roaring Fork at Glenwood Springs. The town...
) in July 2006. Listed at US$48,500,000, this property was sold by Joshua & Co. - Mandalay Ranch (Aspen, ColoradoAspen, ColoradoThe City of Aspen is a Home Rule Municipality that is the county seat and the most populous city of Pitkin County, Colorado, United States. The United States Census Bureau estimates that the city population was 5,804 in 2005...
) in January 2004. This property was listed at US $46,000,000 and was sold by Joshua & Co. - Oceanfront Estate (East Hampton, New YorkEast Hampton (town), New YorkThe Town of East Hampton is located in southeastern Suffolk County, New York, at the eastern end of the South Shore of Long Island. It is the easternmost town in the state of New York...
) in January 2006. This 15.8 acres (63,940.4 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. - 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, ConnecticutGreenwich, ConnecticutGreenwich is a town in Fairfield County, Connecticut, United States. As of the 2010 census, the town had a total population of 61,171. It is home to many hedge funds and other financial service companies. Greenwich is the southernmost and westernmost municipality in Connecticut and is 38+ minutes ...
) in January 2008. The property was listed at US$38,000,000 and was sold by David Ogilvy & Associates.
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)