When Trophy Properties Change Hands: What Manhattan’s Luxury Retail Moment Means for the Transatlantic Market

Richemont did not buy a building. It bought a statement. When the Swiss luxury conglomerate, parent company to Van Cleef & Arpels, paid $54.5 million for 690 Madison Avenue last…

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Read more about the article The $14 Million Lesson: What Ivana Trump’s Townhouse Tells Us About Two Luxury Markets
Park Avenue, Manhattan Upper East Side, New York City. Image shows 432 Park Avenue Luxury Condominium Tower, street, sidewalk, cars, green grass and trees and blue sky with clouds. Canon EOS 6D (Full Frame censor) and Canon EF 24-105mm f/4L IS lens. Circular polarizer. HDR photorealistic image.

The $14 Million Lesson: What Ivana Trump’s Townhouse Tells Us About Two Luxury Markets

When Ivana Trump's townhouse at 10 East 64th Street finally changed hands this spring, it closed at $14 million. The last asking price had been $17.9 million. The original 2022…

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Milan’s Housing Crisis Has a Supply Problem. American Investors Should Pay Attention.

The headlines sound encouraging: new affordable housing projects across Milan, some priced as low as 210,000 euros. Former industrial sites repurposed, dormant military barracks revived, entire new districts sketched out…

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Read more about the article A Piece of Italian History Changes Hands for $58 Million
Milan, Italy 08.16.2020: View of the busy Corso di Porta Ticinese full with streetcars, people during a hot sunny summer day

A Piece of Italian History Changes Hands for $58 Million

For months, whispers had been circulating through Milan's tight-knit luxury real estate circles: a wealthy South American investor was quietly circling one of the city's most storied addresses, a prominent…

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