Christie's Great Estates is the real estate arm of Christie's, the fine art auction house. This wholly owned subsidiary was established in 1995 and is the largest international network of real estate brokers dedicated to luxury properties. [edit] History In 1995 to satisfy the real estate needs of Christie's clients, the auction house acquired Great Estates, founded by Kay Coughlin in 1987. The headquarters are in Santa Fe, New Mexico, with offices in Los Angeles, New York, London and Palm Beach, Florida. [edit] The Network The network spans more than 40 countries worldwide, with 900 offices and approximately 36,000 brokers. In 2008, the network had a total combined annual sales more than US$128 billion. The average price of homes listed is US$7.5 million, with an average sale price of US$5.3 million. Admittance to the network is offered by invitation to real estate companies successful with this type of property. [edit] Christie’s Great Estates magazine Christie’s Great Estates 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 rich people, and also available for sale . [edit] Notable Sales Christie’s Great Estates affiliate companies have sold some of the most expensive properties in the world, including: - Hotel De Soyecourt (Paris, France) in September 2006. Listed at €100,000,000, the property was sold by Daniel Féau Conseil Immobilier. [1]
- 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. [2]
- Harkness Mansion (Manhattan, New York) in October 2006. Brown Harris Stevens Residential Sales LLC sold this property for US$53,000,000. [3]
- 80-acre (320,000 m2) Conyers Farm Estate (Greenwich, Connecticut) in August 2004. This property was listed at US$53,000,000 and was sold by David Ogilvy & Associates. [4]
- Milbank Mansion (Manhattan, New York) in March 2008. Brown Harris Stevens Residential Sales, LLC, sold this property for US$49,000,000. [5]
- Crystal Island Ranch (Carbondale, Colorado) in July 2006. Listed at US$48,500,000, this property was sold by Joshua & Co. [6]
- Mandalay Ranch (Aspen, Colorado) in January 2004. This property was listed at US $46,000,000 and was sold by Joshua & Co. [7]
- Oceanfront Estate (East Hampton, New York) in January 2006. This 15.8-acre (64,000 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. [8]
- Duke-Semans Mansion (Manhattan, New York) in January 2006. Brown Harris Stevens Residential Sales, LLC, sold the property for US$40,000,000. [9]
- Round Hill Estate (Greenwich, Connecticut) in January 2008. The property was listed at US$38,000,000 and was sold by David Ogilvy & Associates. [10]
- Superb Villa (Beaulieu-sur-Mer, France) in May 2007. Listed at €23,000,000, the property was sold by John Taylor.
- John H. Duncan Mansion (Manhattan, New York) in November 2007. The property was listed at US$35,000,000 and was sold by Brown Harris Stevens Residential Sales, LLC.
- Malibu's Finest Estate (Malibu, California) in April 2006. The property was listed at US$35,000,000 and was sold by Hilton & Hyland. [11]
- 18th-Century Hôtel Particulier (Paris, France) in February 2005. Listed at €26,000,000, the property was sold by Daniel Féau Conseil Immobilier.
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