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January 2019

Found 10 blog entries for January 2019.

Bahamas Real Estate Brokerage Firm, Engel & Völkers just released their 5-year market report, which shows positive growth signs for a number of areas in the local real estate market.  The report extracted and analyzed over 1,800 residential sales on the Bahamas Multiple Listing Service (MLS), the real estate industry's central database for property listings and sales.  The report analyzes sales price, property sizes, days on the market (time it takes to sell), average price per square foot, number of bedrooms and the sales price to listing price ratios.

Some key metrics of the report show an overall 48% increase in Bahamas residential unit sales and a 47% increase in the Nassau/Paradise Island single family sales price over the 5-year period.  Elbow

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E&V News

Engel & Völkers Holds Charitable Events Across the Country
Real Estate Magazine
Engel & Völkers offices across Canada took part in charitable endeavours just before Christmas.

Alexander McQueen’s Former Villa in Mallorca Sells for €2.45m
Mansion Global
The luxury villa owned by the late British fashion designer Alexander McQueen on the Spanish island of Mallorca has been sold to a German buyer for €2.45 million (US$2.78 million), according to Engel & Völkers, which brokered the sale.

Iconic Halston House Where Andy Warhol and Liza Minnelli Partied Finally Sells
Architectural Digest
A monumental piece of NYC history is officially off the market. Halston House, the iconic Upper East Side midcentury carriage house that hosted the likes of Andy

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The Bahamas boutique resort and vacation industry is the envy of the Caribbean and Real Estate Brokerage firm Engel & Volkers believes it has a real estate opportunity that can revolutionize the hospitality industry on Cat Island. The firm has listed three properties for sale in the southern end of the island including Greenwood Beach Resort, Fernandez Bay Resort and the private island Hawks Nest Cay at the south western tip.

Fernandez Bay was founded and has been owned and operated by the same visionary for almost 50 years while Greenwood Beach Resort has been a family run business for over 25 years and has seen 2 generations of family ownership. In both circumstances, the current owners feel it is time for them to move on. Each

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On Friday, January 11th, 2019, Engel & Völkers had the opportunity of showing off some of the Bahamas best condominium properties to a group of prospective buyers and agents from North America including the Toronto/Niagara area, Calgary, Montreal, Florida, Virginia, Texas, New Jersey and New Hampshire. The group was organized by Anne Brobyn and Private Office Advisor Nancy Bailey of Engel & Völkers Niagara in Canada.

The real estate tour was led by Bahamas Advisor Alex Jupp who says,”The tour was a great success as it provided a firsthand look at quality real estate on New Providence. They are clearly established and successful in the industry and it was my honor to participate in this experience with them. The very next

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E&V News

The List of the Most Powerful People in the Residential Real Estate Brokerage Industry in 2019
The overall 2019 SP200 ranks the most powerful leaders in the residential real estate brokerage industry as of December 31, 2018, with adjustments made only for the major leadership announcements made after that date and before this release on January 15, 2019. 

How Much S.F. Real Estate Do Wealthy Foreign Buyers Own?
SF Weekly
The old stereotype that San Francisco secretly harbors tons of empty apartments owned by wealthy out-of-towners hasn’t gotten a proper analysis in a few years.

Legendary Fashion Designer Halston’s House Finally Sells
New York Post
Halston House, the iconic Upper East Side midcentury carriage house that embodied the

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By the Engel & Völkers Team

“A gentleman's choice of timepiece says as much about him as does his Saville Row suit.” - Ian Fleming

More than just intimate and classic—this event was timeless. Engel & Völkers had the pleasure of attending "STYLED: Timeless Watches & How to Wear Them," a collaboration between luxury fashion and lifestyle brands MR PORTER, Phillips and The Rake. MR PORTER, award-winning online destination for men's style, and The Rake, leading men's lifestyle magazine and e-commerce platform, curated a selection of tailored looks showcased alongside vintage and modern timepieces in Phillips' New York gallery. This exhibition culminated in Phillips', in Association with Bacs & Russo, second watch auction in New York on December 5th,

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Paul Thompson - Agent Photo

Paul Thompson

Luxury Real Estate Advisor

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Shopping for the perfect property can take a while if you are in search of rare amenities and property features. Often times a full walkthrough of an estate or two proves overwhelming and can leave you as a buyer undecided but what if we gave you the option to view our estates through the eyes of a realtor?

The dynamics of that property would change significantly and the possibilities would expand giving you a broader more defined overview making your transition from shopper to buyer a much easier journey.

This year we break new soil by offering our properties through the eyes of a realtor as they speak to the

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E&V News

Former Coldwell Banker Team Opens Chicago's First Engel & Völkers Office
A former Coldwell Banker team is bringing the international real estate brand Engel & Völkers to Chicago.

A New-Build Spec House in Los Angeles's Doheny Estates
Mansion Global
This new-build spec house in the prestigious Doheny Estates section of Los Angeles offers an open-air shark tank aquarium flanked by a living wall canopy.

Get Your Bids Ready: $35M Paradise Valley Mansion to Go up for Auction
AZ Central
One of Arizona’s priciest homes — an almost 31,000-square-foot Paradise Valley mansion listed for $35 million a few years ago — will go on the auction block at the end of January.

Final Phase of $205M Sparkle Towers Launched; Engel & Völkers Appointed

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Ames Group Chicago brings global luxury real estate brand to the “Windy City”

Engel & Völkers continues its North American expansion with the opening of its first shop location in Chicago, led by esteemed area broker Jennifer Ames. Joining Engel & Völkers with nearly 25 years of experience, Ames and her team have been recognized by the Chicago Association of REALTORS® as one of Chicago’s Top 10 residential agents since 1997, and by The Wall Street Journal as one of the top 50 agents in the country. Ames and her husband Paul Lazarre will serve as license partners overseeing the newly established Engel & Völkers Chicago brokerage.

“As the third largest city in the United States and a gateway to the West, Chicago is an extremely significant market

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E&V News 

Jeffrey Katzenberg’s Utah Ski Chalet Was State’s Highest-Priced Sale of 2018
Mansion Global 
The home, in a private club, was nicknamed The Family Trap by the movie mogul, selling for $11.6 million. 

The Hottest Canadian Real Estate Market in 2019 Will Be…
Real Estate Professional
Montreal has been riding a wave these last couple of years and it will continue through 2019.

Ben Affleck and Jennifer Garner Sell Pacific Palisades Home They Shared for $32 Million
Jennifer Garner and Ben Affleck are parting ways with a big piece of their former family life.


Will Housing Issues Gain Traction in 2020 Election?
As Senator Elizabeth Warren and others jump in, advocates see a huge chance to elevate housing policy.


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