Friday, June 27, 2008

Focus Creation


Dominique Imbert's creations break with the basic classic conception of fireplace.
His unique design conveys added value to your interior, giving new life to your living room.
The fireplace is at the heart of your interior, whether it is suspended on the ceiling or implanted on the wall, looking like a modern sculpture.



via luxury design

Thursday, June 26, 2008

Claude Monet sells for $ 80 Million

Christie's Images/PA


Claude Monet’s water lily paintings, titled “Le Basin Aux Nympheas,” created in the early 1900 was sold at Christie’s impressionist and modern art auction in London on Tuesday, breaking the auction record for the French impressionist artist.
“Le Bassin Aux Nympheas” or “Water Lily Pond,” sold for $80,451 Million.
The painting is part of a collection of large-scale paintings of water lily.

The paintings were signed and dated by the artist in 1919.
The last Monet was set last month at Christie’s in New York, when “The Railroad Bridge at Argenteuil” was acquired for $41.4 million.

“Le Bassin Aux Nympheas” has also become the most expensive artwork ever sold in Europe by Christie’s. It has been seen in public just once in the past 80 years.

Other artists’ work such as Edgar Degas’s pastel of ballet dancers “Danseuse a la Barre” sold for $26.3 Million and Natalia Goncharova’s “Les Fleurs” sold for $10.8 Million.

Tuesday, June 24, 2008

The Most Expensive Luxury Real Estate Markets in the World

Wikipedia
St Tropez: Price $ 2,106 per sq.ft
Wikipedia
Monaco: Price $ 5,888 per sq.ft

Heinrich Kerschbaumer/ Wikipedia
St Jean Cap Ferrat: Price $ 5,853 per sq.ft



Getty Image
London: Price $ 6,191 per sq.ft


How much house can you buy for $1.5 million?

Despite the general economic malaise, the top markets cities such as London and Paris and resort areas like Monaco or Gstaad are still appealing to newly millionaires from Russia, China, India, the Gulf states, and elsewhere.

Whereas The US downturn have seen the dollar trading at a discount to currency such as the euro bringing buyers from Canada, Europe and South America to take advantage of the softening of Real estate in Miami.

David Michonski, CEO of Coldwell Banker Hunt Kennedy in Manhattan, says the softening of international real estate markets is a "normal correction in a major long-term bull market that started 10 years ago."
For Europeans, Miami's declining condo prices are "like Americans handing them the gift of the century," says Michonski. "The sun has not stopped shining. The beaches aren't any less white, and the whole thing costs them 30% or 40% less."

Monday, June 23, 2008

New Record In Hong Kong Real Estate...



The Arch , a 82-floor, 231 meter (758 foot) tall skyscraper completed in 2005 located in the Kowloon district of Hong Kong has just seen a brand new record.

A penthouse on the 80th floor has sold for $28.8 million making it the most expensive apartment per square foot ever sold in Asia at $ 41,000 per square foot.
The luxury 5,497 square foot apartment has a private swimming pool and a rooftop terrace.

The Arch is the third tallest residential building in Hong Kong with 65 floors.
The connecting twin towers with 1000 apartments is composed of two towers joined at the center by a "club house" featuring a fitness area, lounge, and pool areas.
In Asia, no floors starts nor ends with the # 4.