124 Udine Way, Los Angeles, CA 90077
Sold for $26,000,000
Represented by Michael Fenton
5220 Chelsea St, San Diego, CA 92037
Represented by The Lotzof Group
Menlo Park, CA 94025
Represented by Judy Citron
5727 Jed Smith, Hidden Hills, CA 91302
Represented by Dana Olmes & Jeff Biebuyck Group,
Tomer Fridman and
David Emanuel
726 Red Mountain Rd, Aspen, CO 81611
Sold for $13,500,000
Represented by Steven Shane
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Compass luxury in the news
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Situated on four acres in the exclusive gated Isleworth Golf & Country Club, the sprawling 171,000-square-foot property has been a home-court primary residence since Shaq’s playing days. Represented by Tiffany Pantozzi, Jared Ringel and Chris Franciosa.
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What we are hearing
in
the luxury space
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For buyers in the upper reaches of the real estate market, the greatest luxury is health. Having trended over the past decade and spurred by the current pandemic, high-end consumers are actively searching for properties with upgrades such as deluxe air filtration systems, built-in water purifiers, and windows that block harmful UV rays.
The luxury apparel and accessories consignment industry has been driven primarily - but not exclusively - by millenials and Gen Z. The industry grew to $24 billion before the pandemic and has been projected to reach $51 billion by 2023.
Tulum, Mexico, known as one of the most popular vacation destinations for the rich and famous, will be getting a new luxury airport, slated for completion in 2023. Announced this week by Mexico's President, the new airport will include a luxury terminal for high-level visitors arriving by private jet as well as a regular terminal for all commercial travelers.
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Source: WealthX Global Luxury Outlook 2020: A World of Changing Preferences
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Known for its lavish penthouses, historic townhomes, and some of the world’s most impressive architecture, it’s no surprise that New York City is one of the leading markets in luxury real estate. In 2019 alone, Compass agents were responsible for over $4.3 billion in luxury sales.
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South Florida has been a second home destination dating back to the early 1900’s, when James Deering built his famous Vizcaya Estate in Coconut Grove. Since then, not much has changed. Every year, the area is flooded with those looking to escape the cold and enjoy the luxury lifestyle South Florida has to offer.
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Neighbor to New York City and home to some of the most incredible communities in the country, it’s no surprise that New Jersey is loved by so many. In fact, more and more are flocking to New Jersey, which saw a 33% increase year-over-year in sales in July. We put the spotlight on three New Jersey agents to explore their business and hear what they love about the state they call home.
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Just completed new construction, The Estate on Dixon is an English Regency home in exclusive guard-gated Hidden Hills. Represented by Tomer Fridman.
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11 Crestwood Dr
With unobstructed golf course & bayou views, this 11,450 sqft French Traditional estate sits high on an acre of beautifully manicured grounds just outside Memorial Park. Represented by Clayton Katz.
6 Beds | 7 Baths | 3 Half Baths
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Set on just over one acre, the home was designed by award winning architect, Mark English. Represented by Sally Slate Lee and Vincent Ergas.
5 Beds | 6 Baths | 1 Half Bath
$21,500,000
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Spotlight on
New Development
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The Benson
Upper East Side, Manhattan
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The Benson is an elegant boutique residence designed by the award-winning architect Peter Pennoyer as his tribute to the architectural legacy of the Upper East Side perfectly located at 79th Street and Madison Avenue, just one block from Central Park and the Metropolitan Museum of Art.
The Benson’s façade is comprised of hand-carved, hand-laid Indiana limestone, distinctive mullioned windows, a series of gracious set-back terraces detailed with intricate ironwork to exemplify the building’s classic uptown character. The Benson provides each of the just fifteen full-floor and duplex condominium residences with direct elevator access to a private landing.
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Stay up to date with Compass' latest luxury listings and news at LuxuryAtCompass.com.
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© Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC
Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.
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