It’s not often you see a luxury home on Fifth Avenue hit the auction block.
But relatives of the late Broadway theater producer James M. Nederlander are hoping the tactic will draw out a buyer for his estate’s full-floor condo at 838 Fifth Avenue, which has been on and off the market for more than a year.
Read the full article by Sylvia Varnham O’Regan HERE.
The nearly 6,000-square-foot penthouse of the Four Seasons Private Residences in Miami will be auctioned off on Jan. 29 through Platinum Luxury Auctions. Formerly listed for $15 million, the property will be sold without reserve to the highest bidder. Continue Reading…
A pandemic-driven real estate market has found a buyer for fashion designer Tom Ford’s 20,662-acre Cerro Pelon Ranch near Galisteo, which had been for sale since 2016.
Top-priced Santa Fe real estate pops up a couple times a year. The 3,250-acre Saddleback Ranch, also in Galisteo, closed on Friday on a $8.5 million sale to an undisclosed buyer, who excluded 648 acres from the purchase. The ranch last sold in 2008 for $17.45 million, according to Platinum Luxury Auctions.
Penthouse 70BCD at the Four Seasons Private Residences in Miami’s Brickell neighborhood will be sold by Platinum Luxury Auctions at a Luxury Auction without reserve on January 29th at 7p.m. EST. The penthouse was previously listed at $15M. The custom home is approximately 5,800 sq.ft. and a combination of 3 units which was done during initial construction and occupies half the building’s top floor. Penthouse 70BCD features ample space for art lovers to display paintings and sculptures, two private balconies with floor-to-ceiling windows, ocean views, a media entertainment area, temperature-controlled wine refrigerators and a floating onyx wet bar with panoramic water views. More than $1M has also been invested in custom woodwork and wood window frames. The home also includes 6 nationwide Equinox memberships with a facility on the property.
Read the full article at PROFILEmiami HERE.
This stunning 63-acre estate was owned by former Pittsburgh Pirates owner Kevin McClatchy. It’s nestled in the heart of the Laurel Highlands in the charming town of Ligonier, Pennsylvania. It’s only minutes from downtown Ligonier, but it is secluded, peaceful and serene nonetheless. It’s an ideal place to unwind and enjoy your horses.
Read the full article by DeAnn Sloan on Horse Nation HERE.
An exquisitely renovated, 77-acre farm estate in Hopewell Township, New Jersey will be sold to the highest bidder at a live auction on Thursday October 10th, 2019. The sprawling estate, which includes a main residence, pool and pool house, caretaker’s cottage, greenhouse and tri-level barn, is being offered without reserve after being recently listed at $4.8 million. Luxury real estate auction house Platinum Luxury Auctions, which specializes in multimillion-dollar property sales on behalf of wealthy sellers, was retained by the property owner to conduct the auction in cooperation with area brokerage Callaway Henderson Sotheby’s International Realty. Listing agents Judson Henderson and Jane Henderson Kenyon are representing Callaway Henderson in the sale.
A custom-built, 32-acre estate in Durango, Colorado, will go to auction without reserve on Oct. 12 with Platinum Luxury Auctions.
The sellers designed the 11,700-square-foot house to take advantage of its expansive mountain views and to host guests and family in mind, according to Trayor Lesnock, president of Platinum Luxury Auctions. It comprises five bedrooms with en-suite bathrooms and three additional bathrooms, as well as a chef’s kitchen, a fitness center, a two-level heated garage, a heated porch and a tool workshop.
“I’m very jealous that it’s not my house,” Mr. Lesnock said. “I would get up every morning and throw on my trail gear, grab my dog and head out to the lakefront.”
From New York City to Los Angeles to Miami, the luxury home market has been in the grips of a prolonged slowdown, in part due to the recent pullback of foreign buyers – however, stock market uncertainties have also played their part.
A two-story condominium with 1,500 sf of outdoor living area and direct water views is headed for sale via luxury auction®. The property, located in Midtown Manhattan’s desirable Beekman neighborhood and fronting the East River, was initially asking $13 million. It will now be offered at a live auction held on the property site on May 17th, and will be sold to the highest bidder who meets or exceeds the auction’s $4 million reserve. Miami-based luxury real estate auction house Platinum Luxury Auctions – a firm that specializes in the non-distressed auction sale of multimillion-dollar properties – was retained by the property owner to manage the sale. Platinum is also a licensed New York real estate brokerage.
Following its successful luxury auction® sale in January of the Woodmereestate in Ligonier, Pennsylvania, luxury real estate auction house Platinum Luxury Auctions will now offer another multimillion-dollar property in the exclusive Westmoreland County borough at auction. On May 11, 2019, Hidden Meadow Farm, a 133-acre estate that was previously asking $6.5 million, will be sold at a live auction held on the property site. The property will be sold without reserve and regardless of the amount of the highest bid price. Platinum is managing the sale in cooperation with listing agent Annette D. Ganassi of Howard Hanna Real Estate Services in Ligonier.
