Sotheby

Spring Awakening: Moderate Gains and New Consumer Dynamics Shape Canada's Luxury Market

Retrieved on: 
Mercoledì, Aprile 24, 2024
Sale, Greater Toronto Area, Multiple listing service, City, Estate agent, GTA, Housing, Motivation, MLS, Traction, Metro, Growth, Greater Montreal, Tax, Heel, Bank, Optimism, GDP, Luxury, Sotheby, CREB, Absorption, Statistics Canada, Real estate

TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Canada’s luxury real estate market eased into spring with modest sales gains across key metropolitan cities, as the dynamic between prospective home sellers and buyers improved, and pricing expectations continued to come into alignment. Despite strengthening consumer confidence and an increase in early-stage market engagement in the initial months of 2024, the expectation of additional property listings supply and potential interest rate declines prompted some buyers and sellers to defer transactions into the spring market. As a result, the country’s major metropolitan areas are expected to see a moderate improvement in sales activity across the luxury and conventional markets in the months ahead.  

Key Points: 
  • According to Sotheby’s International Realty Canada ’s Top-Tier Real Estate: Spring 2024 State of Luxury Report, consumer dynamics in the Greater Toronto Area (GTA) evolved in the first quarter of 2024, setting the stage for measured sales gains and a balanced market this spring.
  • “Luxury market dynamics at the start of 2024 reflect a progressive shift in consumer psychology: sellers are now engaging in the market with more realistic pricing strategies, and in some cases, greater motivation to sell.
  • We expect to see higher transactional volumes and improved market fluidity throughout the spring market."
  • Market dynamics and consumer psychology within the Greater Toronto Area’s (GTA) luxury real estate market improved in the first quarter of 2024, signalling escalating sales activity in the months ahead.

Julien's Auctions Expands Senior Leadership Team as it Focuses on Next Stage of Growth in Music, Entertainment and Hollywood Auctions

Retrieved on: 
Giovedì, Marzo 28, 2024
Geller, Auction, Growth, Madison Square Garden, Digital, CFO, Goodman, Diana, Princess of Wales, Webcast, PBS, Sale, Collector, Head, Antiques Roadshow, Senior, Digital transformation, PLBY Group, Grammy Museum, Sotheby, Exhibition, Music, CBS, LOS, Consignment, Sotheby's

LOS ANGELES, March 28, 2024 /PRNewswire/ -- Julien's Auctions today announced a series of additions to its senior leadership, bringing in highly experienced executives to work alongside Darren Julien and Martin Nolan and their team, to build on Julien's Auctions' success as the world's leading music, entertainment and Hollywood auction house and further expand the business. 

Key Points: 
  • Woolley began her career at Sotheby's and brings nearly two decades of experience running her own appraisal company The Collectors' Lab.
  • She returns to Julien's after working with the company for many years and served as its first COO.
  • She served as Sotheby's Senior Vice President of Global Product Management and Head of Client Experience at TheKey.
  • We are also thrilled to have Marty Geller and his organization playing a significant role in our next stage of growth.

The Dalmore and V&A Dundee unveil second instalment in magnificent Luminary series

Retrieved on: 
Venerdì, Marzo 22, 2024
Maker, V&A Dundee, Vanilla, Architect, Partnership, Zaha Hadid Architects, Glass, Sculpture, Sotheby, Honey, Sotheby's, Multimedia, Collectable, Beer

GLASGOW, Scotland, March 22, 2024 /PRNewswire/ - The Dalmore Luminary Series, curated in partnership with V&A Dundee , is releasing new masterpieces: a remarkable glass amber sculpture and collectable presentation case housing two new, exceptionally rare Highland Single Malt whiskies.

Key Points: 
  • GLASGOW, Scotland, March 22, 2024 /PRNewswire/ - The Dalmore Luminary Series, curated in partnership with V&A Dundee , is releasing new masterpieces: a remarkable glass amber sculpture and collectable presentation case housing two new, exceptionally rare Highland Single Malt whiskies.
  • The collaboration is the second in a three-part series which celebrates the relentless pursuit of excellence through compelling collaborations between luminaries in whisky mastery and architectural design.
  • Luminary No.2 has been created by Melodie Leung, Director at Zaha Hadid Architects , together with Gregg Glass, Master Whisky Maker at The Dalmore , and Master Distiller Richard Paterson OBE.
  • While crafting our two new whiskies, we used the technique of time – nurtured carefully to transform through blending – to elevate The Dalmore to new heights."

The Dalmore and V&A Dundee unveil second instalment in magnificent Luminary series

Retrieved on: 
Venerdì, Marzo 22, 2024
Maker, V&A Dundee, Vanilla, Architect, Partnership, Zaha Hadid Architects, Glass, Sculpture, Sotheby, Honey, Sotheby's, Collectable, Beer

GLASGOW, Scotland, March 22, 2024 /PRNewswire/ -- The Dalmore Luminary Series, curated in partnership with V&A Dundee , is releasing new masterpieces: a remarkable glass amber sculpture and collectable presentation case housing two new, exceptionally rare Highland Single Malt whiskies.

Key Points: 
  • GLASGOW, Scotland, March 22, 2024 /PRNewswire/ -- The Dalmore Luminary Series, curated in partnership with V&A Dundee , is releasing new masterpieces: a remarkable glass amber sculpture and collectable presentation case housing two new, exceptionally rare Highland Single Malt whiskies.
  • The collaboration is the second in a three-part series which celebrates the relentless pursuit of excellence through compelling collaborations between luminaries in whisky mastery and architectural design.
  • Luminary No.2 has been created by Melodie Leung, Director at Zaha Hadid Architects , together with Gregg Glass, Master Whisky Maker at The Dalmore , and Master Distiller Richard Paterson OBE.
  • While crafting our two new whiskies, we used the technique of time – nurtured carefully to transform through blending – to elevate The Dalmore to new heights."

Artmarket.com: Artprice looks at 2023's NFT auction market, and the 50 most successful digital artists, a promising future with the record for cryptocurrencies in ETFs on Wall Street

Retrieved on: 
Martedì, Marzo 12, 2024
Bitcoin, Ethereum, Sotheby's, Mike Winkelmann, Non-fungible token, FAR, CryptoKitties, NFT, The Starry Night, Sotheby, Christie's, Cryptocurrency

Patrick Drahi's company has already taken the lead this year, generating 92% of the segment's turnover.

Key Points: 
  • Patrick Drahi's company has already taken the lead this year, generating 92% of the segment's turnover.
  • One of the best results was hammered for Genesis Cat, for Taproot Wizards (2024) by digital artist FAR.
  • Auction results exceeding $100,000 for Satoshi Nakamoto, Xcopy, Beeple and Des Lucréce continue to show that the success of these digital artists is not just anecdotal.
  • In 2024 we will probably see a consolidation of the prices of works by these key signatures on the NFT market.

Artmarket.com: Artprice looks at 2023's NFT auction market, and the 50 most successful digital artists, a promising future with the record for cryptocurrencies in ETFs on Wall Street

Retrieved on: 
Martedì, Marzo 12, 2024
Bitcoin, Ethereum, Sotheby's, Mike Winkelmann, Non-fungible token, FAR, CryptoKitties, NFT, The Starry Night, Sotheby, Christie's, Cryptocurrency

Patrick Drahi's company has already taken the lead this year, generating 92% of the segment's turnover.

Key Points: 
  • Patrick Drahi's company has already taken the lead this year, generating 92% of the segment's turnover.
  • One of the best results was hammered for Genesis Cat, for Taproot Wizards (2024) by digital artist FAR.
  • Auction results exceeding $100,000 for Satoshi Nakamoto, Xcopy, Beeple and Des Lucréce continue to show that the success of these digital artists is not just anecdotal.
  • In 2024 we will probably see a consolidation of the prices of works by these key signatures on the NFT market.

Artprice by Artmarket.com: 28th annual report - The Art Market in 2023. A new record number of artworks sold at auction. Biggest national marketplace: the USA. Female artists showed spectacular growth

Retrieved on: 
Giovedì, Marzo 7, 2024
Bitcoin, Ethereum, Generative art, CDS, Investment, Growth, Version, Sale, Art, Health, Brexit, Century, Contemporary art, Taliban, Sotheby, Les Femmes, Uncertainty, COVID-19 pandemic, Auction, Fine art, Female, Art market, Sotheby's, Artificial intelligence, Contemporary history, China Poly Group, Annual report, Non-fungible token, PDF, NFT, Christie's, Internet

Contemporary Art represents 17% of the art market, compared with 16% in 2022 and only 3% in 2000.

Key Points: 
  • Contemporary Art represents 17% of the art market, compared with 16% in 2022 and only 3% in 2000.
  • The Contemporary art market has therefore increased 36-fold in 23 years, reflecting a historic phenomenon with Contemporary Art becoming a primary locomotive of the global art market.
  • Modern art remained the largest segment of the art market, accounting for 40% of its auction turnover revenue (compared with 38% in 2022).
  • When looked at over the longer term, it is clear that Brexit has negatively impacted the UK's art auction market.

Artprice by Artmarket.com: 28th annual report - The Art Market in 2023. A new record number of artworks sold at auction. Biggest national marketplace: the USA. Female artists showed spectacular growth

Retrieved on: 
Giovedì, Marzo 7, 2024
Bitcoin, Ethereum, Generative art, CDS, Investment, Growth, Version, Sale, Art, Health, Brexit, Century, Contemporary art, Taliban, Sotheby, Les Femmes, Uncertainty, COVID-19 pandemic, Auction, Fine art, Female, Art market, Sotheby's, Artificial intelligence, Contemporary history, China Poly Group, Annual report, Non-fungible token, PDF, NFT, Christie's, Internet

Contemporary Art represents 17% of the art market, compared with 16% in 2022 and only 3% in 2000.

Key Points: 
  • Contemporary Art represents 17% of the art market, compared with 16% in 2022 and only 3% in 2000.
  • The Contemporary art market has therefore increased 36-fold in 23 years, reflecting a historic phenomenon with Contemporary Art becoming a primary locomotive of the global art market.
  • Modern art remained the largest segment of the art market, accounting for 40% of its auction turnover revenue (compared with 38% in 2022).
  • When looked at over the longer term, it is clear that Brexit has negatively impacted the UK's art auction market.

Spectacular Colorado Mansion Auction: Over 40,000 Square Feet, Silver Dollar Saloon & Much More

Retrieved on: 
Venerdì, Marzo 1, 2024
Sawatch Range, Real estate, Concierge Auctions, White River National Forest, Kardashian family, Nature, Sotheby, Wort Hotel, Ultra, Wind, Auction

POMPANO BEACH, Fla., March 1, 2024 /PRNewswire-PRWeb/ -- Vail Valley Estate Auction: Chihuly Chandelier, Silver Dollar Saloon Replica & Much More

Key Points: 
  • POMPANO BEACH, Fla., March 1, 2024 /PRNewswire-PRWeb/ -- Vail Valley Estate Auction: Chihuly Chandelier, Silver Dollar Saloon Replica & Much More
    Where Real Estate Is Never Boring!
  • A mecca for outdoor winter adventure, this unique destination is stunning year-round, with kayaking, fishing, hiking, and more to do outside the ski season.
  • The 40,348-square-foot mansion with 56 acres of lush mountainside land will sell with no reserve, with an expected starting bid between $15 - $25 million.
  • The custom cowboy-saloon bar is modeled after the famous Silver Dollar Saloon in Jackson, Wyoming's Wort Hotel, and the home's ice cream parlor is sure to delight young guests.

11 MoonSwatch Suitcases Are Sold at Sotheby's, Raising Over $600K for Orbis

Retrieved on: 
Martedì, Febbraio 27, 2024
OMEGA, Hospital, CHF, Sotheby, MoonSwatch, Orbis International, Patient, MD-10, Sotheby's, Auction

This generous gift from OMEGA will contribute to Orbis's mission to build strong and sustainable eye care systems.

Key Points: 
  • This generous gift from OMEGA will contribute to Orbis's mission to build strong and sustainable eye care systems.
  • "I am incredibly grateful to OMEGA and their continued support of Orbis," said Derek Hodkey, President and CEO of Orbis International.
  • I even had the privilege to view one of the beautiful suitcases on display at the OMEGA store in New York City.
  • Orbis thanks OMEGA and everyone who took part in the auction and appreciates the great interest shown in the support of Orbis.