Daniel Gale Sotheby’s International Realty Advertising TARGE TED. GLOBAL. EFFICIENT.
Important Exposure For Property Advertising.
Our 2019 Advertising Plan leverages a combination of Daniel Gale Sotheby’s International Realty and the Sotheby’s International Realty network resources. As specialists in the marketing and sale of Long Island and Queens properties, you direct our efforts where you can expect the most results.
Listings are marketed 24/7 on the most relevant real estate and media websites worldwide. Digital advertising is done too in all the right places. And high visibility print ads are placed using pre-negotiated, exclusive rate plans in local, regional, national and global publications.
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Why do we advertise? There are a lot of reasons: •
Generate awareness
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Increase consideration
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Build traffic
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Deliver and offer opportunity
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Drive listings
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Our objective is to provide you with intelligent, cost effective, opportunities in highly relevant media .
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Local Advertising Opportunities
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Brooklyn Paper
Our Town
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Oyster Bay Guardian
The Long Islander
Garden City News
Penny Saver
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Glen Cove Record Pilot
Port Washington News
Times Ledger
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Herald Community
Queens Courier
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North Fork Real Estate Guide
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Southampton Press
The New York Times IN THE SUNDAY RE AL ESTATE SECTION The New York Times is widely recognized as the most influential news source for many of the world’s most sophisticated and loyal readers. Today’s Times is influential in more ways than ever, with sections devoted to everything from the arts and entertainment to sports and science, business and technology to dining and home design.
danielgale.com
BROOKVILLE, NY – NEW, SLEEK, MODERN
GARDEN CITY, NY – GRAND AND GLORIOUS
Mary Opulente Krener, 516.248.6655, c.917.518.7205 Robert J. Krener, 516.248.6655, c.917.517.6518
• • • • •
Nearly 3X as likely to have a Household Net Worth of $1,000,000+ Twice as likely to be in Top Management+ 3.5X as likely to have an Individually Earned Income of $150,000+ Four times as likely to have a Home Valued at $750,000+ Nearly twice as likely to have a Bachelor or Graduate Degree Twice as likely to be an “Influential”
OLD WESTBURY, NY – AWARD WINNING NORMAN JAFFE
Donna Rubertone, 718.762.2268, c.516.662.7475 Edie Esposito, 718.762.2268, c.516.946.8082
QUOGUE, NY
Sandy Binder, 516.484.1800, c.516.819.0000
Christopher Foglia, 631.288.1050 ext.38 c.631.831.2515
WADING RIVER, NY – WATERFRONT
WESTHAMPTON BEACH, NY – WATERFRONT
Sarita Silver, 631.288.1050 ext.31 Richard Silver, 631.288.1050 ext.37
Victoria Reynolds, 631.288.1050 ext.19 c.631.834.3440
SD #1. MLS# 2895319. $2,500,000.
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JAMAICA ESTATES, NY – “VILLA JOY”
SD #26. MLS# 2921926. $3,565,000.
OLD WESTBURY, NY – ENTERTAINER’S DELIGHT
SD #15. MLS# 2844242. $4,895,000.
New York Times Print Readers are:
SD #18. MLS# 2908144. $1,625,000.
Lois Kirschenbaum, 516.484.1800 ext.229 c.516.526.7425
This majestic Colonial boasts 16 rooms, 7 bedrooms, 7 full baths and 3-half baths. Situated on 1.17 acres spanning the Garden City Golf Club course. SD #18. MLS# 2801260. $4,999,999.
GARDEN CITY, NY
SD #15. 2917617. $3,000,000.
Claudia Galvin, 516.248.6655, c.516.972.8389
Jericho SD #15. MLS# 2919466. $3,995,000.
Sandy Binder, 516.484.1800, c.516.819.0000
SD #3. MLS# 2898828. $4,250,000.
SD #2. MLS# 2868514. $7,250,000.
PORT WASHINGTON, NY – KNICKERBOCKER BAY CLUB
Brand new waterfront condos for 62+. Enjoy 2,033 sq. ft., 3-bedroom 3-bath residence with private 1,000 ft. patio. 2-car garage parking, gym, rooftop terrace with barbecue, dining and firepit. SD #4. MLS# 2748101. $899,000. The Knickerbocker Bay Club, 516.883.6400
The Best New Address on Long Island. Luxury Condominiums with Legendary Services and Amenities. The Ritz-Carlton Residences, Long Island, North Hills is conveniently situated within the Great Neck School District in the Village of North Hills on Long Island’s legendary North Shore. 20 miles from Manhattan. 60 miles from the Hamptons. See for yourself, what luxury feels like every day.
Number of listings per page: Up to 28 Cost: Large: $1365, Regular: $455 Issue Dates: January 27, February 24, March 10, April 7, April 28, May 12, May 26, June 16, September 8, September
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516.486.6100 · TheResidencesLongIsland.com
Residences starting at $1,500,000. Immediate Occupancy.
The Ritz-Carlton Residences, Long Island, North Hills are not owned, developed or sold by The Ritz-Carlton Hotel Company, L.L.C. or any of its affiliates (“Ritz-Carlton”). RXR North Hills Phase I Owner LLC uses The Ritz-Carlton marks under a license from Ritz-Carlton, which has not confirmed the accuracy of any of the statements or representations made herein. The complete offering terms are in an offering plan available from sponsor. File No. CD-14-0036. Each office is independently owned and operated. We are pledged to provide equal opportunity for housing to any prospective customer or client, without regard to race, color, religion, sex, handicap, familial status or national origin.
P2JW317000-0-M00100-1--------XA
The Wall Street Journal
Northern light: an Oslo adventurer’s house M5
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‘I’m not a star, and I don’t want to be a star. Stars fall. I’m an ordinary guy with an extraordinary job.’ —Bernie Mac
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Circulation: NY Region - 129,520 (M – F) Male / Female: 63% Male / 37% Female Average HHI – US: $325,973 Average Age: 50 Number of listings per page: Up to 28 Cost: Large: $1388, Regular: $347 Issue Dates: February 1, February 15, March 22, April 19, April 20, May 10, June 7, August 9, September 20, October 11, November 29
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STOLL AUTHAM t condit ion, The ions. NAGESH C1 to 174 Dow slid 254 Gener 48. al and min 07, with .15 points from agr Motor down ing firm energy contra eeing to s Co., fre s dra the bro drive ct that is a new un sh ader ma gging Eco up its expect ion rket. pla nomi U.S. ed ns C1 overwh sts in jor aut to become labor cos to a sur NY elming on, vey Washingtto ts, o the ly Port rais ma Club, exp SEL Bay ma e rates ect FLESS de car ker to sel first maKnickerbocker next mo the Fed $1,998,000. ACT: s in the l Chine Rolls— “Lime House” SD #4 . MLS# 2827221. 516.883.6400 The Presid nth. A2 seCentre Island, NY $3,900,000. Club, ent Bar cut its Royce sai maker nation’s U.S. Knickerbocker Bay ack Ob 00 ext.142 SD #6. MLS# 2932475. Porter, 516.759.48 higher dividend to d it may ama aw plans by sales earNo. 1 aut re” 2-bedroom Cottage. Christina F. (Christy) to separate “Belvede cop cos — ard o ly NY tennis, start Pool, e wit ed a Me falls. Sha ts and Envis Cold Spring Harbor, with views of Cold Spring Harbor. selling next year c.516.835.5512 ion dal of p, 516.759.4800 res tum profit sho h $5,200,000. Estate the Bu ity veh , a midsi Elegant 19-room Honor Lawrence C. Schmidlap rtSD #2. MLS# 2950478. 01 ble Listing. ick c.516.857.3 ze icle d Zen Thursd 20%. sportefits is provin A Masterpiece Collection Pournaras, 516.759.4800 ext.131, made B1 ay to uti target Maxwell missin Army Kathryn (Cottie) s, maBurlington, familia ce, accord in ShandonglJURASSIC EAST ‘Jurassic World’ director Colin Trevorrow and his family live in this cedar-shingle contemporary Vt. Above, from top left: Mr. Trevorrow at home; the diCapt. king it g rev highly in ing to enue Floren move r with the peo rector’s home office; a Burlington park nearby; the dining room; a dinosaur from Mr. Trevorrow’s collection. t Grober gling valued sta the latest plan. ple to me to Bu would add g for A ma et exp rtup strugTh ick braver to bre jor U.S.-ba ectatio VW when ’s U.S. line a third SU e y in Afg ns. he which directak in 2018. cke Prop dinosaur eggs sit on a shelftoand a is framed V up suc hanista B1 willlam BY AMY GAMERMAN help in asking em ic Sta the link bet d assault n. A6 among the h crosso at a time te’s str and we Mr. Trevorrow, indistinguishdiagram of the Gyrosphere—a ride off at Jurassic and Syreasygoing vers cles in en Isbes ering its emissionsployees onghol ia bearded the ma t selling are amnes began and able from any other bespectacled ds World’s dinosaur theme park—hangs his Ku pro whoopposite in rdi be, Initia Iraq vehirke Thurs sh for give inf ty to By Ben of those cesofsei day COLIN TREVORROW loves making blockbusters dad, a small but notable desk. They’re souvenirs from Mr. Trevorrow’s pects lly, the t. ormati Burlington higis hwpart China h Ali A. Kesling an ay and zing a str wit the cut a numberto impo company B3 for Hollywood—he just doesn’t want to live there. sophomore outing as a director, which contingent of piv Hollywood who earned on. d Nabh ’s cra etc movin leged has narrow rt exotal Ira filmmakers h have Mo an ckd ning bet mis 40,00 —between a modes Ameri in onenclaves an unt Sinjar in qi cityfor gleafy supply “I haven’t been to L.A. since ‘Jurassic World’ chosen to as leave Los Angeles more than $1.65 billion world-wide—making it theown on escala deeds 0—a we can d , t al30, Ira by of Go por line en and s the year. 00 tra q, Sinenjoy rdon pro they can t and where Mosul runRaq jar, four out” last June, said Mr. Trevorrow, 39, as the East Coast, third highest grossing film of all time.ted Mr.inTrevorbeg nary Ranch But it 0 and recent deron s has Lu sought vid in ed — Extraordicame in the influe the big qa to the Cis agains produ inning signal Sands Point, NY sup- schools— Washingt bold to recto air eas co sai the se- days.seasons, of $1,999,000 he .sat in145 the sunny office of the four-bedroom send nce their children public row is co-writing and executiveinproducing Home C1 on lamic gest citi west, two t first t extremist troit ction shift a strate s NY — Waterfront SD #4. MLS# 2974670. Th off on the bat laim their special the late d profit c.917.837.1 es hel Ameri aut Roslyn Harbor, Sta gic 718.762.2268,home in Burlington, Vt., that he shares with his and lead livese of near-anonymous normalcy. quel. A lightsaber on a table hints at another rose 33% ens $3,900,000. st per coordi operation d by of tion cast we John F. Benetos, can mil targets— perim o giant for the ive, in tleground. It has te. 0036 SD #3. MLS# 2985215. in the s forces nat Deand Isaker-th iod but wh sym Please turn to wife, Isabelle, and two small children. blockbuster in the works: “Star 516.626.7600, c.516.330. 1461 7,5page resWars: troops the countr itary ope ich U.S follow ent that wil a bold 00 M8ing airstr ults thiEpisode were too, as the bolic sig Lillian Swersky, an-IX,” foreraexed by . figh ike soy wit l be 516.626.7600, c.516.532. s qua expected nie oth Hope Hassouni, clo ters, is called Pess to back thousands place wh nificance lamic Sta hdrew in since U.S rter. B3 . eve s that hav er auto comsely te a strate we 2011. ever hm of eth ere tens e sai ntu since. has held World paIsgic gam erga in re trappe of the are move. ally con d they wo d by nic Yazidis -Wide Augus The pus bit to sid Isla a t 201 er suc uld mic Sta relief Please h comes Lon h a effort 4, trigger see SIN amid ing a te Kurdi as we auto g among the Ira U.S maker ll as air JAR pa qi . top for U.S. air sh forces s in INSIDE strike Suicid ge A7 volume, s e GM hasChina by eign on the strikes beg backed by Chine Dow Ind in Leb bombings sal se anon.... kill doz ustrial an eff Iraqi city of an to move that cou productio confined es .............. s, 15 min ort to SinM. n to me its 178 ntry’s .............. ens jar in lamic bre James . interva ...... A7 demand State ofak With home values slipping in parts of London, the Little1793 Venice neighborhood—reputedly by Lord Byron for its 00 the former residence . But recent exp eting ls out Is-come named taxes supply an Farmhouse was Mill Neck, NY 25%. New reduced Ob this original Please as sales losive route. ly grieved Construction ama’s by Hewitt & Bottomley, has been successful e, NY — New Designed A1 see GM gai picturesque canals—is on the upswing. Handsome cute shops and convenient commutes add to the allure. assessmentvillas, paign Brookvill big property donors gest cam page ns at Mill River” Upper MLS# 2967487. $5,750,000. . Townsend Jr. 2018/19 17700 , NY — “The Oaks SD #3. A6 2883657. $1,849,500 ext.142, c.516.835.5512 ting on c.516.606.5151 are MLS# ext.107, #3. 00 SD Upper Brookville mo 00 2018. $20,000,000. Suzi Chase, 516.759.48 2016 the sidelin stly sitF. Porter, 516.759.48 BY DANI SD #6. MLS# 2941914. Democr Christina (Christy) es of 516.759.4800 ext.128 EL N the atic Kathryn K. Zoller, ASA Tw prima W BY RUTH BLOOMFIELD ‘Scouts o ry. A1 c.516.532.2043 17600 in the suicide bom WA ’ help bings Barack SHINGTO ventur of Bei mostly Shi N— rut, an ite e-capit amSUNDAY paign Ob BY ROLF ered sident ON MORNINGS, a’s big Pre area suburbs a al giant EW ges ors Laville ting don killed Hezbollah considINKLER camwith are mois tbusy Café on the Sequoia at lea bastio - 17500 2016 stly st 43 sidelin enjoying De brunchers $159 MILLION Startup EU people n, Capital es of sit-a view of prima mocratic $25,00 inv leader . A7 the along a find th princi pre boats moored A Florida home alm boosts 0 gam estor Jas sident their ry sonarrow ple to s agreed Thu far ble e next ost , wa rsd lion to five on Calaca not ope ial AmsterThum pay $3. in no ay its price tag Th M2 lary Cli lletstree-lined 17400 btack in sup waterway. big th ▼1.4% 17448.07 at inv one had years ago nis took help in Turkey in 23 bilquoia, nton dam? Inc.’s port nin estme heard a for the ing on a Bruges? No,g this is Lonnol or ret of Alm ste ogi Ber nt com urn of Hilday mm of mig vices which bou founder to people ost fou SanVenice, milliones Inc. has in what is called Ub pany don’s nie Little neigh-Mon. Tue we rants ing the inf for ders. aSour erCab. now resear bsite tha ght a stake a partner who gav r-fifths balloo into Eur . s. We lux ce: Fact imu Ub Ob of ch at d. t has ned borhood with picturesque Set in the Mr er m e the ope. A8 Thu. THE WAL am . Techto rou since 2012 the DO Thum firm VC local-s Sere-ele $5,000 to where Calacanis the Syr a plans ghly WN STREET maxcanals and handsome whitethe pre ctio to has nev : LThe quoia, btack’s Experts est surged 50- er$110 the mo JOU donate n com Ind one key’s ia conflict discuss sid fou Dow RNAL. fold, ust villas. er sai ney ent of mit fronted townhouses and Erd we we too. “Sequo nders nowimates. d pub date d to a presid tee had ’s Thursdrial Averag Jones firms. Silicon Val came fro leader ogan andwith Turia had steer by Oct m: Seq licly trepre re happy s at the Since In aialyear n’t whenday home-ay in the e droppe ley’s ent Europe bee tip Jou lion to . 1, a bigges uoia 2009, d 1.4% candirna G-20 of sell s of sec Po costa, neurs their send oth n great to s to SeWall in prime central Lontalks. an ing this ond stra paign l analysis owners lice arr entrep dollars to Sequoia t venture-cCapital, er A7 ight of fed Street fin has fun dozen week. made chief execut way,” say high-qual us, so apital ested have era seen the values of known reneurs, aca scores of s C1 In int ance recdon nel ords l camrope people acr over a using a few startu ive of Th Marco Zap ity enas sco demics well-conn ed milSaturd erviews their fou sus homes um Sequoi pauts. Sco p nd. ebb 4.6%, acand oth ect ing to pected oss Eua’s mo investme btack. He The ad of to real-estate firm in Iow ay’s Demo ahe of keep uts invest er peo ed cording nts of has ney. the a, don cra plann a jihadist belongthe mo nectio secretive ple tic debthis his ow ton, the Sequoi ir eyes gro ed ter ors sai Savills, eco ns is ney in this ate enclave remains n and how ven ror att up that a mig an unu system hadn’t party’s d Mrs. Cli Th ht like ears ope startups acks. very much afloat. Little Vene in the ture-capi sually powof cash and and n for . Mr. A8 the wa motivate front-runnernlead of runaway ide nev tal Cal erf d as firm aca erul exa conele y the and the MONEY MAN , W9 ZIP Code in tha ending nis int m to s ous Dem Mr. Obam ice, Myanm Suu Kyi’s ction giv roduce t hunt try to gain mple of party which it esits, have seen prices Ben Bernanke on a for the Still oth ocratic can a and d scram ar is recalib an Ple in pre edg ase vi- foot rise 9.9% in Sta e see SC next blo nerdy childhood M4 by the ers said the didper atessquare tions ble by foreig rating a rtup Zen had. ckOUTS for inf larger y are n naefits fac and pa the past year, according to lue rol put ge i tha e nce the off es gro A10 An i didate t their don of supproperty wth dou re. A9 app er PAC analyst LonRes. i Califor eals cou s bts ....... this eles, which ations to Little ........ B1 are lim can- Venice is a name reject nia’s death rt upheld ction the ing d in eventu cycle to $5, ite reputably coined by Lord Bythat lon an inm penalty, don’t ate’s al nom 400 for claim ma cution g delays ron, whoB once lived in the ma YJ s unc “I’m tter much inee, jus onstitu de exejust not IFEan anymoarea.t It sits ENN amid extensive R lar A jur LEVITZ y yet tional re. ready . A6 canal network Rome, ,” said Ro mobst y acquitted Rochedug in Britain bert Finfor Hilalle maxim Ga., lawyer sou thethe 18thste and all cou er Vincent r 19th cennelduring Sen l, a astern Senior Cen Asaro ged to Mr um allowe who gave turies. loc Maryl ior center the 197nts in connec of Min Boats by horses ter ate topulled . the d GENTLTHE 8 Luf a gle nesota wil in fornia and, Ohio,s in Minnes campai Obama’s 200contributiwouldlion thansa tion with haul cargo from Lonaming l pub EMAN licly heist. CONTEN , $14 re- brandi and els Illinois, ota, sums gns and gav 8 and 201on next funded A3 CaliTS milyeato don’s docks of the to ’S ng the ewhere Arts & r. the rest wards 2008 hop e significa 2 ENT...... to bui are reJUD It (as Business E L AW D2,4-7 Morgenstein plans country well deliveringlding tio baby boo mselves to . Z on nomine and 200 eful John nt a bistro toas H CrossworNews... B2,3,5,6 Opinion............. Film D3 app n turnin mers, add D I R E AO W E I . Ed4 CTE -style to the Britthe gen eal export PARENTAL D BY G I A N C Global d................. B6 Sports................ .. A11-13 that I e John Ker Democra goods g 65 at UNIT a bikfor AR JA K E caf Finance.. e-s .......... D8 don’t and thery. ticish capital). S C OT L O G I A N an est a eraHeardboats nology.....its ...... C3 Techalong NINI T were acFLEET STREET London’s Little Venice is famous for the numerous narrow canal. ten Thet— enclave Should you co-sign ing proe, gram harCanals “ItZIP think W9 on the moored clip ima ’s .......... U.S. Stree not of 10,0 In the she is ted News........ B4 she’s - page M10 and t... C8 Markets... just har Code in which it sits, have seen prices per square foot rise 9.9% in the past year, according to property analyst LonRes. kid’s jumbo M3 . compe- kitchePleaseaturn 00 ple aloan? com testo .... C4 Weather .......... A2-4,6 n for t d to like petent day. peo........... B6 World ing boo , coo The News. Ma she cla .” me kny sses. ’s int A7-9,14 be a donors’ relu age lab rs find old But it end tro Clinton ubling tre ctance cou one thi s to dit ventio els and con ch easies . They are nd for Mr ld nior” ng: the “Se appeal ns to be un-> t monik ing. to ide prospectiv some of s. er. “It’s The the very names ntify, giv e contributo wh tails trend dov en tha rs peoen you talclear wit es Copy paign are on Mr t the der wa h one unk to ple right . dis Company 2015 they’v closure repObama’s camir boom in the bab . All RighDow Jone nior y in the see ts Rese s & cuttin already ma orts, and tha - they group tha y rved housin busine Zumb don g che t de t a some ss, whereg Julian cks to pol a habit of name and’t like that Ellicott Cit class at itician y 50+ marke the thing Please na Smootrlton Center have ter to do y don’t Ritz-Ca , financ s. terms cast outs and Amenities. Thesee DONORS e di- Gallagher with it,” want anyServices School ry Neck like and ass the Great page A4 the cen , executive said Sal with Legenda citi sen ently situated within isted zen, retire ior Luxury Condominiums from direct ly the “12 ter soon-t ment North Hills is conveni North Shore. 20 miles 5 Live.” o-be kno or of initThe word living. Island’s legendary Residences, Long Island, senior day. wn as ely of North Hills on Long luxury feels like every beth old school is “just def District in the Village Ber See for yourself, what ,” WAT C Please sani, chi said Mari-from the Hamptons. YO U H T H E F TUB I see SE ef ope Manhattan. 60 miles E .C O L M JOHN rat NIOR M /J O Whisky NIE WALK HNN , 40% page ing I E WA Alc/Vo ER BLUE l. ©2015 LKER LABE A10 Importe L Blende
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CALEB KENNA FOR THE WALL STREET JOURNAL (5)
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516.629.7558 · TheRes
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Some A-list movie directors eschew Los Angeles living in favor of leafy East Coast towns, preferring four seasons, public schools and near-anonymity: A local restaurant grants no favors.
VANESSA BERBERIAN FOR THE WALL STREET JOURNAL (LITTLE VENICE); ELI MEIR KAPLAN FOR THE WALL STREET JOURNAL (BERNANKE); BRYAN NIEBAS (HOME)
message with more resounding results than ever before.
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Friday, November 13, 2015 | M1
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Distribution: te — Wa
Number of listings per page: Up to 20 Cost: Large: $1,122, Regular: $280 Issue Dates: March 9, April 13, May 16, June 13, July 11, August 15, October 3
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NY Post - Alexa “THE BEST OF E VERY THING” From fashion finds across the globe to the world’s most exclusive real estate and rare art pieces at Art Basel, Alexa is the ultimate luxury informant, pulling together the best of everything for readers looking for their next extravagant purchase.
Quogue, NY — Spectacular Oceanfront
Westhampton Beach, NY — Between the Bridges
Westhampton, NY — “Cove’s End”
SD #3. MLS# 2986283. $9,900,000. Victoria Reynolds, 631.288.1050, c.631.834.3440
SD #2. MLS# 2967896. $8,950,000. Elyse Weissman, 631.288.1050, c.516.381.0917
Masterpiece Listing. SD #2. MLS# 2970361. $4,995,000. Rose Alfano, 631.288.1050, c.631.335.8810 Eileen Brod, 631.288.1050, c.917.453.9662
Quogue, NY — Sights & Sounds of the Ocean
Westhampton, NY — Bay Side Beauty
Shelter Island, NY — Carriage House With Apartment
SD #3. MLS# 2898828. $4,250,000. Christopher Foglia, 631.288.1050, c.631.831.2515
SD #2. MLS# 2975787. $3,100,000. Christopher Foglia, 631.288.1050, c.631.831.2515
SD #1. MLS# 3022609. $2,995,000. Margaret Colligan, 631.749.1155, c.516.816.6190
Westhampton, NY — Waterfront Contemporary
Shelter Island, NY — Waterfront Home Near Beach
East Marion, NY — Marion Modernist
SD #2. MLS# 3001626. $2,650,000. Rose Alfano, 631.288.1050, c.631.335.8810 Eileen Brod, 631.288.1050, c.917.453.9662
SD #1. MLS# 3002948. $2,295,000. Donald Dunning, 631.749.1155, c.516.369.5380 Debra Von Brook-Binder, 631.749.1155, c.631.872.2889
SD #1. MLS# 3018180. $2,190,000. Mariah Mills, 631.477.0013, c.631.965.2557 Carol Szynaka, 631.734.5439, c.917.640.2622
Westhampton Dunes, NY — Canal Front Beach House
Shelter Island, NY — Tree Top Modern
Shelter Island, NY — Clean Design, Classic Touches
SD #1. MLS# 2996007. $1,995,000. Christopher Foglia, 631.288.1050, c.631.831.2515
SD #1. MLS# 2999919. $1,850,000. Linda McCarthy, 631.749.1155, c.631.745.2626
SD #1. MLS# 3021870. $1,570,000. Linda McCarthy, 631.749.1155, c.631.745.2626
Distribution: NYC (Bronx, Brooklyn, Manhattan, Queens, SI), Westchester and Rockland Counties, Hudson Valley, Fairfield and New Haven counties, 14 counties in Northern NJ. Circulation: 258,672 Number of listings per page: Up to 20
Orient, NY — Stunning Home with Sound View
S. Jamesport, NY — Restored 1845 Victorian
Shelter Island, NY — Waterfront Serenity
SD #1. MLS# 3001317. $1,495,000. Donald Dunning, 631.749.1155, c.516.369.5380 Debra Von Brook-Binder, 631.749.1155, c.631.872.2889
SD #2. MLS# 3027005. $1,149,000. Diane Mollica, 631.298.4130, c.917.803.1915 Mary Lentini, 631.298.4130, c.516.994.0158
SD #1. MLS# 3027088. $835,000. Peter Humphrey, 631.749.1155, c.646.344.2759 Linda McCarthy, 631.749.1155, c.631.745.2626
Remsenburg, NY — Modern Country Cottage
Westhampton Beach, NY — Perfect Summer Retreat
Hampton Bays, NY — Price Improvement
SD #1. MLS# 3010344. $795,000. Victoria Reynolds, 631.288.1050, c.631.834.3440
SD #2. MLS# 3008421. $749,000. Jacqueline Doskoez, 631.288.1050, c.631.603.5584
SD #5. MLS# 3011387. $650,000. Tara Rego, 631.749.1155, c.631.831.7954
Cost: Large: $1,122, Regular: $280 Issue Dates: Fall
Contact a salesperson from one of our offices today. Greenport Office
Mattituck Love Lane Office
Shelter Island Office
Westhampton Beach Office
114 Main Street Greenport, NY 631.477.0013
70 Love Lane, PO Box 1710 Mattituck, NY 631.298.4130
17 Grand Avenue Shelter Island, NY 631.749.1155
100 Main Street Westhampton Beach, NY 631.288.1050
Each office is independently owned and operated. We are pledged to provide equal opportunity for housing to any prospective customer or client, without regard to race, color, religion, sex, handicap, familial status or national origin.
9
danielgale.com
Newsday For over 75 years, local businesses as well as nationally recognized brands have turned to a single source to market their products and services to the affluent Long Island market – Newsday. Today, Newsday has evolved into more than a newspaper, engaging its audience 24/7 and on the platforms of their choice: Print, digital. Newsday offers unparalleled coverage with a 1.3 million weekly audience, reaching nearly half of all households on Long Island.
Circulation: 286,138 Sunday Avg 278,358 Daily Avg
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Number of listings per page: Up to 20 Cost: Large: $500, Regular: $125 Issue Dates: February 5, March 19, July 23, August 20, October 22, November 19
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Chinese World Journal World Journal is a major Chinese media outlet in the U.S., it has established itself as the news and information source for both Chinese living in the U.S., and leisure/ business visitors from China. World Journal is Daniel Gale Sotheby’s International Realty’s long term Chinese media partner.
Distribution: NY Edition Circulation: 50,000 daily Queens: 55% | LI: 20% | Manhattan: 15% | Brooklyn: 10%
Online Circulation (PDF): 20,000 Number of listings per page: Up to 32 Cost: Large: $555, Regular: $140 Issue Dates: January 18, February 7, April 26,June 21
11
Homes and Estates Sent out with drops and mailings throughout the North Shore of Long Island.
Circulation: 23,000 Geographic Distribution: North Shore LI Number of Listings Per Page: Up to 9 Cost: $82 – $735 Issue Dates: February 10, March 1, March 29, April 26, May 24, June 21, July 19, August 16, September 13, October 11, November 8, December 6
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Luxury Homes and Estates Listings are $2 Million and above. This publication is mailed to households with annual income of $1 Million and above. 6,000 in Long Island and 1,500 in New York City. The rest of the distribution is through upscale restaurants and business throughout Long Island’s North Shore.
Circulation: 15,000 Number of listings per page: Up to 2 Cost: Full Page: $675, Half Page: $338 Issue Dates: May 3, September 21
13
Hamptons Magazine For 40 years, HAMPTONS magazine has celebrated the affluent and influential beach front community of Long Island’s East End. From Memorial Day through Labor Day, Hamptons is the essential weekly read that reaches the most prominent and powerful within this area. With a focus on real estate and interior design, fashion and fine jewelry, art and culture, dining and entertainment, fitness and philanthropy, HAMPTONS is the ultimate authority on the very best of what the Hamptons has to offer. Written by a highly curated roster of local taste makers and prominent people in the know, HAMPTONS is recognized as the preeminent voice of the Hamptons. Our strategic distribution, including exclusive estate delivery, provides an incomparable opportunity for clients to reach the prestigious and coveted Hamptons consumers.
Circulation: 40,000 Geographic distribution: Amagansett, Bridgehampton, East Hampton, Hampton Bays, Montauk, Quogue, Sag Harbor, Southampton, Wainscott, Water Mill and Westhampton. In Addition they distribute to the Gold Coast of Long Island, the North Fork and NY City.
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Manhattan Magazine As part of the award winning Modern Luxury network of regional publications, Manhattan magazine is the preeminent luxury lifestyle publication in New York City.
Circulation: 60,000 Geographic distribution: Throughout New York City, targeting residents and visitors. Manhattan is the only magazine guaranteed to reach the sophisticated and affluent audience in NY City.
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PAGE 9 | OPINION
BACK PAGE | BUSINESS
PAGE 11 | FASHION MILAN
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FRIDAY, SEPTEMBER 25, 2015
In purges, Xi went from schoolboy to survivor
Over 700 die in hajj stampede near Mecca
BEIJING
BEIRUT, LEBANON
First taste of politics for Chinese leader came in Cultural Revolution
Accident renews fears that Saudi Arabia can’t ensure safety for pilgrims
BY CHRIS BUCKLEY AND DIDI KIRSTEN TATLOW
BY BEN HUBBARD AND MONA BOSHNAQ
When the pandemonium of the Cultural Revolution erupted, he was a slight, softly spoken 13-year-old who loved classical Chinese poetry. Two years later, adrift in a city torn apart by warring Red Guards, Xi Jinping had hardened into a combative street survivor. His father, a senior Communist Party official who had been purged a few years earlier, was seized and repeatedly beaten. Student militants ransacked his family’s home, forcing them to flee, and one of his sisters died in the mayhem. Paraded before a crowd as an enemy of the revolution and denounced by his own mother, the future president of China was on the edge of being thrown into a prison for delinquent children of the party elite. Visiting the United States this week, Mr. Xi, 62, has sought to present himself as a polished statesman, at ease hobnobbing with American capitalists in Seattle or attending a state dinner at the White House in his honor, set for Friday. Yet his first immersion in politics came on the streets of the Chinese capital during the most tumultuous era of Communist rule, when Mao Zedong exhorted students ‘‘to bombard the headquarters’’ of order. ‘‘I always had a stubborn streak and wouldn’t put up with being bullied,’’ Mr. Xi recalled in an interview in 2000, one of the few times he has spoken about his experience as a teenager in Beijing. ‘‘I riled the radicals, and they blamed me for everything that went wrong.’’ Mr. Xi has often discussed the seven years he spent exiled to a rural village during the latter part of the Cultural
Pope issues call to action
In the deadliest tragedy to befall the annual pilgrimage to Mecca in decades, more than 700 people were killed on Thursday in a stampede near Islam’s holiest site on one of the holiest days of the Muslim calendar, raising anew questions about the Saudi authorities’ management of one of the world’s largest regular human migrations. The deaths occurred around 9 a.m. on the first day of Eid al-Adha, at an intersection in Mina, about six miles east of Mecca, as millions of Muslims descended on the city for the pilgrimage, or hajj. The crush appeared to be the deadliest accident during the hajj since 1990, when 1,426 pilgrims died in a stampede in a tunnel linking Mecca and Mina. It also occurred less than two weeks after a large construction crane toppled and crashed into the Grand Mosque in Mecca, killing at least 111 people and injuring 394 others. Thursday’s stampede, which also injured at least 863 people, is likely to intensify fears that Saudi Arabia does not have the transportation and public safety infrastructure to handle the masses who descend annually on the ZACH GIBSON/THE NEW YORK TIMES kingdom for the pilgrimage. In a statement, the Saudi health minPope Francis addressed a joint meeting of Congress on Thursday. He defended immigration, pushed for environmental legislation and made a plea to abolish the death penalty. ister, Khalid al-Falih, said the stampede might have been ‘‘caused by the movement of some pilgrims who didn’t follow In particular, Francis beseeched a na- POPE TO ADDRESS GENERAL ASSEMBLY break out of its cycle of polarization and WASHINGTON He is expected to use his United Nations the guidelines and instructions issued tion that generates a disproportionate paralysis to finally use its power to heal by the responsible authorities.’’ share of the world’s wealth to not let speech to focus on issues including the the ‘‘open wounds’’ of a planet torn by But the high death toll is likely to emmoney drive its decisions at the expense environment and refugees. PAGE 4 hatred, greed, poverty and pollution. barrass the Saudi government, which of humanity. Taking a rostrum never before occuconsiders itself the leader of the Muslim ‘‘Politics is, instead, an expression of GIRL HAS IMMIGRATION MESSAGE FOR POPE pied by the bishop of Rome, the pontiff XI, PAGE 5 world and takes great pride in hosting our compelling need to live as one, in or- Sofía Cruz, 5, dodged security to give issued a vigorous call to action on issues the millions of pilgrims who visit the der to build as one, the greatest com- the pope a T-shirt supporting temporary largely favored by liberals, including a holy cities of Mecca and Medina each mon good,’’ he told a joint meeting of protection from deportation. PAGE 4 powerful defense of immigration, a criBY PETER BAKER AND JIM YARDLEY A C year. One of the titles of the Saudi monCongress in an address that cited Amertique of the excesses of capitalism, an , A with soft st ROureSinfused arch is ‘‘custodian of the two holy ican icons like Abraham Lincoln and the ONLINE: FRANCIS IN AMERICA endorsement of environmental legislaPope Francis,TA the spiritual leader of gue 1.2 e, plus N or hom itect A n S utdo arch Mai Read the full text of the pope’s address Rev. Dr. Martin Luther King Jr. tion, a blistering condemnation of the mosques,’’ referring to his personal billion Roman challenged . na/o style Catholics, elements l/spa, caba , breathtakingsen. A itect Pueblo After his much-anticipated remarks, to Congress, with analysis by Times arms trade and a plea to abolish the duty to protect the sites and the andpora byry extension the mightipoo O,pil-Cte, archCongress contem infinity edge bocce, wine caveSheri Morgen I S C. Exq uisi reporters. More coverage at nytimes.com. POPE, PAGE 4 death penalty. grims. estay’snation in history Thursday oven, on$3,7 50,000. .com to tod Casita, A NC , pizza 6. e with ns to F RHol locationry hom The SaudiA civil directorate rekitchen B: 008723 thebyshomes low N defense luxu at room ope Sdeaths WE lty views. orgensen@so eted Cow 5.5 bath hen on and -gre saide, Creston al Rea BR,Twitter A y theCov Cported .com , offic t kitc rnation age Sheri.M 00,000. vated 5 centers ator yon rme O, Inte that two medical had been $9,6 reno ker C bilit Elev Can Gou y’s 5. liva loh s r plan. th garden. B: 008738 Sotheb ncisco Bro NC I S an airythat 7 | Shi opened Mina embrace in floo soutreatge.the WE injured. 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La Wine dy@Wen rnational sen. , nea 0.co pilgrims go to perform a ritual — rtya Wen rgen Z cave 261 age cou where Xi Jinping this week in Tacoma, Wash. e Mo Inte e, A is ker eHouse win y’s hom Sheri , pool, Sotheb ncisco Bro A L E , el ValleysouHoth-west 50,000. .com French authorities to authenticate them. the Stoning of the Devil, a re-enactment 1 | Pur pizza oven 7161. $2,4 ebyshomes MONACO s San Fra.519.609 T T SD at the Hot 008 tyle DINNER AND DIPLOMACY But Mr. Rybolovlev’s decision is much of a story from the Quran involving the live. Thi n@soth Realty S C Oate Residence +1 415IN WASHINGTON WEB: place to s all hotel lifesconcierge, al orgense A Priv re than a President more than just a chivalrous, expensive Prophet Abraham — that takes place odie ne.comXi Jinping of China was to Sheri.M Internation service, e to FRANKFURT mo kerageMaybeeLa y’s M AS much Penthouse embhour room g distanc re. arrive on Thursday for high-stakes gesture. The man from whom he bought during the hajj. 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Just with club, golf in E est. estate tion enthous ttsd e, d N ing Sco ate rna I rt COMPLAINTS FROM AMERICAN BUSINESS come perhaps the largest feud in the art about the Saudi government’s role in Germany’s transportation minister said requ cted offic woo n din P ly constru full baths, garage, 2 e cellar, Inte 3 priv an Club com ive reso finest clus Price upo n Sotheby’s elValleyHoP 8 le win l New Top executives at tech firms met with Xi world today. And by returning the art in the disaster, which claimed the lives of on Thursday that software installed , 3incar BR, & Oce the ultra-ex centre and the ,900,000 US. C orations s Lyo .0240 | Hot ring 7 mer kitchen , 1,100 bott nched poo D $17 to 7. ess , Rus Offe ator ride NVolkswagen Jinping and criticized laws and practices .266 such a public fashion, he is drawing atat least 89 Iranians. carssummight elev have e rest hugdiesel sun-dre 25EWS spa, fitn e alty.com lty BY DOREEN CARVAJAL +1 480 roofed g fireplaces, climactic, 90 sf lot. extensivused course, amas. WEB: othebysRe NG TO e BR,to fool official with been al Rea that hinder their operations. PAGE 17 SAUDI ARABIA, PAGE 7 tention to their broader fight. emissions tests sf, 36,5 alty.com H I Vic burnin AND GRAHAM BOWLEY e system, torian rior sf, threbaths. 03 the Bah Damianos@S Internationas.com WAS rt Hom States. tury 0 inte in Europe, For the past year, Mr. Rybolovlev has not United bar. 11,0 esothebysre lty half ed just the Sma heby’s baham George. @on 19th Cen vations. 4,35 e and one s. 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Berlin suggests VW cheated on tests in E.U.
Return of 2 paintings draws attention to feud with his former art dealer
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IN THIS ISSUE
Migration crisis strains Balkan ties Serbia said on Thursday that the police had begun to enforce a ban on Croatian goods and cargo vehicles entering the WY mately L E stern country, prompting a very approxi lar HO features SON B Bar 3 ks, spectacuwith NEWS, rebuke. cree the Bar JA C KWORLD tage
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Sitting is bad for children, too A study found that after prolonged inactivity, children develop changes in their blood flow that, in grown-ups, would signal the start of cardiovascular problems. well.blogs.nytimes.com
Nonfiction publisher dies at 83
Polls show Trump holding steady Despite a debate performance last week that some analysts described as lackluster, Donald J. Trump is holding on to his lead in the field of Republican presidential candidates, according to two new polls. nytimes.com/politics
Drama in baseball’s statistics races
Jeremy P. Tarcher founded the publishing house that bears his name,
Those seeking down-to-the-wire September baseball races can find them not in the team standings, but in the individual statistical tables.
and spirituality. nytimes.com/media
nytimes.com/baseball
AM 10:36 which specialized in health, psychology
International New York Times Wraps In addition to cooperative advertising opportunities within the International New York Times, our program includes full-color International New York Times wraps that are distributed at some of the most prestigious events around the world. Event wraps are placed around thousands of copies of the International New York Times newspapers and are distributed in hotel rooms and on site during large events. Couture Fashion Week New York, February 9-10, 2019 Wrap Date: Saturday February 9 Beverly Hills, CA, USA $35,000,000 USD Property ID 0308343
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Monaco Yacht Show Monte Carlo, September 25-28 2019 Wrap Date: Friday September 27
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Pool, suite. kitchen, GR Noah. must and an yshom Hills C $1,995, Bates Master usly maintain Sotheb house P HO Marc.Nbe seen infinity Italian A ExceptioE E dasResl Realty es.comich Broker Hvolbe 000. spa, sunken suite NW y’s Intern oah@so Custom E villa to fully pool +1 310.96 Frank home nal waterfro idence ck. /green age ed. with features IC Aazamifire pit, Gorgeo homeN I X .com courts, for living wich 8.9212 ationa thebyshappreciate. city views. 6 BR, nt brick H , with , A . only us residen omes.co WEB: l C cellar. private and entertai Realty The Georgia T 11 custom ce designe Z | sotheb ST. $1,395, dock, 030834 details Sunset m within r’s touch. SothebWEB: 006773 M ning, n, beautifu and lower World P E yshom and homes. 3. $35,000 Strip the this Russ 000. 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A s in art, antiques, wine and collectibles, the appeal of an extraordinary home is its distinctive character. The Sotheby’s International Realty® network offers a fine collection of luxury homes, estates sir. co m and properties for sale throughout the world. Allow us to artfully unite you with the perfect home.
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Sotheby’s Magazine & Sotheby’s Preferred Sotheby’s magazines enrich readers with sophisticated content related to art, design, jewels, watches, wine, real estate and much more. Received by high-spending international clients of Sotheby’s auction house, the magazines showcase the most valuable property sold on the international auction market. Each issue features the exclusive gallery of Sotheby’s International Realty® properties. Reservations in the property gallery include an advertisement in both Sotheby’s Magazine and Sotheby’s Preferred.
sothebysrealty.com
NEW YORK NEW YORK
252 Seventh Avenue, PH X This home is generously sized and is filled with light. Approximately 2,490 sq. ft. of interior space with three spacious bedrooms, three full baths and an approximately 1,029 sq. ft. private planted roof terrace. SOTHEBYSHOMES.COM, WEB ID 00110395 SOTHEBY’S INTERNATIONAL REALTY EAST SIDE MANHATTAN BROKERAGE HARRY NASSER +1 212 400 8724 HARRY.NASSER@SOTHEBYSHOMES.COM
$7,660,000
NARRAGANSETT RHODE ISLAND
Beachfront with Block Island Views Peaceful, beachfront living privately nestled above the sand dunes. Unobstructed ocean views to Block Island and brilliant sunsets from west facing, oceanside deck. Private pathway to beach. SOTHEBYSREALTY.COM, PROPERTY ID LGKQSV MOTT & CHACE SOTHEBY’S INTERNATIONAL REALTY +1 401 789 8899
SOTHEBYSrEalTY.cOm
$4,950,000
NEWPORT RHODE ISLAND
Wild Moor
Distribution: 12,000 Premier Global Sotheby’s Clients
Meticulously restored McKim Mead and White classic sited on 11 acres of Olmsted-designed grounds overlooking the ocean. Property includes stately stone residence and charming guest cottage. SOTHEBYSREALTY.COM GUSTAVE WHITE SOTHEBY’S INTERNATIONAL REALTY +1 401 849 3000
$6,500,000
Number of listings per page: 1, 2 or 4
PORTSMOUTH RHODE ISLAND
Carnegie Abbey Custom-built, light-filled, shingle-style with sweeping bay views, pool, and covered terrace. High-end finishes throughout, chef’s kitchen, five bedrooms, central air, and three car garage.
Cost: Spot: $995 Issue Dates: May/June, July/August, September, October, November, December/January 2020
SOTHEBYSREALTY.COM, PROPERTY ID YPWHDS GUSTAVE WHITE SOTHEBY’S INTERNATIONAL REALTY +1 401 849 3000
$4,395,000
SOTHEBY’S
SIR Art&Home Dec 2015.indd 20
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11/11/15 5:29 PM
St. Helena CALIFORNIA
Whitehall, The Modern Vineyard Estate Into one of America’s most fabled landscapes comes a spectacular new Legacy Estate designed to reflect the balance between inside and outside, respite and celebration. Surrounded by lush vineyards, built of glass and polished stone, Whitehall is a singular example of organic architecture and modernist design. Extending approximately 20 acres, the estate includes a main house, guest house, spa house and gate house; surrounded by approximately 14 acres of vineyards. Enter a living landscape that includes an infinity-edge pool, tennis court, bocce ball court and helipad. Open doorways frame remarkable vistas of St. Helena and the
Napa Valley. The guesthouse is its own sophisticated retreat, with stunning details and its own lap pool. SOTHEBYHOMES.COM WEB ID 0243680 SOTHEBY’S INTERNATIONAL REALTY WINE COUNTRY BROKERAGE GINGER MARTIN, GREGG LYNN +1 415 516 3939, +1 415 901 1780 GINGER.MARTIN@SOTHEBYSHOMES.COM
$38,000,000
SOTHEBY’S
SIR Preferred Nov/Dec 2015.indd 121
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The Sunday Times of London The Sunday Times is one of the best-known titles in the world and the UK’s highest circulation quality Sunday paper. It is renowned for its world class investigative journalism, the authority of its opinion pages, indispensable news and business coverage and the breadth and depth of its features. Including HOME, the pre-eminent, award winning national property supplement delivered weekly with The Sunday Times. Advertisers including estate agents, developers, retailers, architects and designers use HOME to drive enquiries to their teams and help readers to make the best decision on how to spend their money. Circulation: 722,197 Geographic distribution: UK
A BAC O, BA HA M AS
Gumelemi Cay. Private island, 8 acres with 3 private beaches lies within the Baker’s Bay Golf and Ocean Club community. Just a 1 minute boat ride to a resort with golf, marina and fine dining. WEB: 25EWS7. $17,900,000 US. George.Damianos@SothebysRealty.com
Damianos Sotheby’s International Realty +1 242.424.9699 | SIRbahamas.com
PA R A DI SE I SL A N D, BA HA M AS
Ocean Club Estates. 121’ private white sand beach, 6 BR and stunning ocean views from every room. Smart home technology, indoor/outdoor living at its finest. Resort amenities. WEB: Z8LNGV. Price upon request. Monty.Roberts@SothebysRealty.com
Damianos Sotheby’s International Realty +1 242.424.4944 | SIRbahamas.com
Readership: 1,777,000 Male / Female ratio: 55% / 45% Read by UK business elite: 46%
S C OT T SDA L E , A Z
Presenting Oasis Ranch, 12 acres framed private palm grove. Stunning residence features great room, gourmet kitchen, family room, billiards room & lounge. Bob Hamilton built barn with 4 stalls, 3 grass pastures & outdoor arena. 2 BR guest house. $6,000,000. Frank Aazami.
Russ Lyon Sotheby’s International Realty +1 480.266.0240 | ScottsdaleOasisRanch.com
N E W YOR K , N Y
A rare opportunity to acquire approximately 4,743± sf located on a penthouse floor at Residences at Mandarin Oriental, New York. WEB: 00110192. $36,000,000. Elizabeth L. Sample and Brenda S Powers.
Sotheby’s International Realty East Side Manhattan Brokerage +1 212.606.7685 / 212.606.7653 | sothebyshomes.com/nyc
Average age: 49 Number of listings per page: 6 or 9 Cost: Spot: $750 Issue Dates: January 27, February 17, March 17, April 14, May 19, June 16, September 15, October 13, November 10
22
N E W YOR K , N Y
This amazing high floor, high ceiling, bright and airy 5 BR, 7.5 bath condominium residence at 737 Park Avenue measures 4,850± sf. It is the largest E-Line available in the building. WEB: 00110200. $15,750,000. Austin B. Schuster.
Sotheby’s International Realty East Side Manhattan Brokerage +1 212.606.7797 | sothebyshomes.com/nyc
JAC K S ON H OL E , W Y
In tax friendly Wyoming, at the gateway to Grand Teton & Yellowstone NP, the Bar BC Ranch offers elevated and riverfront parcels with Snake River access. Bar BC East offers Gros Ventre riverfront. Minutes from Jackson. Parcels from $7,950,000. TomEvansRE@JHSIR.com
Jackson Hole Sotheby’s International Realty +1 307.739.8149 | JHSIR.com
© MMXV Sotheby’s International Realty Affiliates LLC. a Realogy Company. All Rights Reserved. Provence, France, used with permission. Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office is Independently Owned and Operated.
Bloomberg Markets Bloomberg Markets is the exclusive magazine of the “Global Financial Elite,” Bloomberg Terminal Subscribers including banks, brokerages, hedge funds, government agencies, family offices and other sectors of the financial industry. Readers are the people who manage & control the world’s money – they are ultra-affluent and influential. Bloomberg Markets readers are professional, global citizens who live the ultimate luxury lifestyle, driven by their discerning tastes and exclusive experiences. Our cooperative advertisement is an impactful, 2 page – full-color insert reaching over 375,000 international hedge fund and finance professionals. Circulation: 382,473 Geographic distribution: Global Male / Female ratio: 78% / 22% Median Net Worth: $1,647,230 Median age: 42.7 Number of listings per page: 12 Cost: Spot: $825 Issue Dates: February/March, April/May, June/ July, August/September, October/November, December/January 2020
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Financial Times The Financial Times showcases the finest residential properties on the market and provides sage advice to a discerning audience of high-end private owners, as well as investors, every Saturday in its stand-alone “House & Home” section. Targeting upscale readers who are passionate about home and living, this full-color supplement is the world’s only weekly property and lifestyle section, which is internationally focused and globally-distributed every weekend.
WORLD BUSINESS NEWSPAPER
THURSDAY 12 NOVEMBER 2015
Saudi suffragettes
Stress test
Fitting in
The women struggling to win their rights — ROULA KHALAF, PAGE 8
Why employers need to face up to the issue of anxiety at work — BIG READ, PAGE 7
How companies can adapt to foreign markets — JOHN GAPPER, PAGE 9
Kerry warns climate deal will not be legally binding
Geographic distribution: Global Readership: 1,290,000 Male / Female ratio: 81% / 19% Average household income: $200,000+ Median age: 55 Number of listings per page: 20 Cost: Spot: $670 Issue Dates: January 19, February16, March 16, April13, May 18, June 15, September 21, October 19, November 16
US and other nations over how to ensure it is robust enough to shift billions of dollars of investment away from fossil John Kerry, the US secretary of state, has fuels and towards greener energy. A spokeswoman for the European warned that the Paris climate change talks will not deliver a “treaty” that Commission said: “For us and for many legally requires countries to cut carbon other countries, we would like the Paris emissions, exposing international agreement to be in the form of a protocol or a treaty. That represents the divisions over how to enforce a deal. The EU and many other countries strongest expression of political will and have long argued that the accord due to also for the future it provides predictabe finalised next month should be an bility and durability.” Privately, EU officials acknowledge “international treaty” containing legally that the Obama administration is eager binding measures to cut emissions. But in an interview with the Financial for a deal in Paris, but not one with Times at Norfolk naval base in Virginia, legally binding measures because these which is threatened by the prospect of would strengthen arguments the deal rising sea levels, Mr Kerry insisted that needs approval from a hostile Senate. To that end, negotiators are trying to the agreement was “definitively not craft an agreement that satisfies all going to be a treaty”. It would still contain measures that sides. One option is to make its rules and would drive a “significant amount of procedures legally binding, but not the investment” towards a low carbon actual targets in many of the climate pledges that nearly 160 countries have global economy, he said. But he added: “They’re not going to be made this year for the deal. The issue is particularly sensitive legally binding reduction targets like Kyoto or something,” a reference to the ahead of the 2016 presidential election 1997 UN treaty that contained targets given the chasm between the Demofor cutting emissions that countries rati- crats and most of the Republicans running for the White House over the need fying it were legally obliged to meet. to tackle climate change. Delegates from 195 countries are due and urgency IA N tain Mr IF Kerry it was too early to tell to finalise a new global climate accord in O Rmounsaid d L the main e an Republican-controlled Conthe llock Paris that will replace the Kyoto treaty, ,how C A lak D ate withlf baths in, Bill Bu ir.com ks y to a global deal. which failed to stop emissions rising. IE L sf estgress 2 ha would garth ocrespond T F 00+ ful and Apple ckerbull l Realt E NZito’s 7,0 henapraised China’s role in trying The US signed but did not Kratify it,a, 3 l . MaxWhile k@de tio rry pool, sp 5,000 ulloc Interna com Ba ,77 b.b es. , . to y’s reach an agreement, he said some largely because it did Enot cover China, $9 views nce. rkissian theb balestat C hectarese, residedia Sa llock Soother | glo countries, such as India, were a now the world’s Rlargest carbon polluter. AN th Ly 4.5 00 Bu & cker of ly .72 ooks , F a paisrksupposed De 415.5 overl en ful to cover The Paris all17 “challenge” and needed more encourS Edeal on sq m has be y +1 O U tleofd 1,600Mr stle Realt agement to help “bring them along”. countries. nal comments m ca Kerry’s U L use, setelBut 0 sq . natio m T Outh Toulodid citadthe ic 80 differences ed Inter lty.co between the E underline Interview page 2 N C So is splen is history restortheby’s ebysrea
th y. Th ticall So R A ury valle authenere Foch 0 | S , F Cent T E XVII of r pool and obili 75 7341 O R restoredhectares indoo uest. Imm (0) 46 S -M ates, s. 7 ema, on req alty +33 U E wine est 10 suitennis, cin ice up nal Re A IG g our 00 sq m.ngs. Te pool. Prternatio.com
i New ECB push to harmonise bank rules
The European Central Bank has made a fresh bid to level the playing field for lenders in the currency area, in a bid to encourage confidence among institutions about cross-border lending.— PAGE 4
i Rajoy hits back over Catalan declaration The Spanish premier has accused independence leaders of trying to “abolish democracy” as he spearheaded a legal challenge to their latest push for a split.— PAGE 2; EDITORIAL COMMENT, PAGE 8
i £71bn offer marks biggest brewing deal Anheuser-Busch InBev has formally offered £71bn for SABMiller, in a takeover that could see a new group sell more than one in four of the world’s beers.— PAGE 13; LEX, PAGE 12; ‘MEGABREW’ DEAL, PAGE 14
i Brazil mining towns wary of shutdown
Moves to shut down mining in the state of Minas Gerais after last week’s disaster could hurt the very people they are meant to protect as cities depend on the industry for 85 per cent of their budgets.— PAGE 3
i Beijing ties with World Bank threatened China risks losing its seat at the bank’s top table with the departure, a year before his term ends, of its top official, a move set to complicate further Beijing’s relationship with the institution.— PAGE 5
i Low-end US corporate debt yields climb LAURA NOONAN — LONDON BEN MCLANNAHAN — NEW YORK
Graduates from the world’s top 10 business schools are 40 per cent less likely to choose a career in banking than they were before the multibilliondollar losses, trading scandals and shrinking pay packets of the past few years. Analysis by the Financial Times of the career paths of graduates from the top 10 MBA programmes shows just 10.6 per cent are now choosing banking as a career compared with 17.4 per cent in 2008. The 6.8 percentage point drop translates into a 40 per
ity of investment banking has fallen by more half among its 690 job-seeking graduates. “Banks are now much less appealing, especially in Europe,” said Alan Johnson, managing director at pay consultant Johnson Associates. “The pay, the rules, the oversight, the politics, the bureaucracy — firms are not nearly as attractive as they used to be.” The fall in the popularity of banking has also outstripped that of the overall financial sector, which includes insurance and fund management, whose appeal has fallen by 23 per cent.
cent difference in banking’s popularity before and after the financial crisis. Wall Street’s biggest banks, including Goldman Sachs and JPMorgan, have been displaced by tech companies such as Amazon and Google as graduates shun the insecurity and long hours of finance in favour of more entrepreneurial professions, or employers such as the consultancy McKinsey. The shift in sentiment stands in contrast to the pre-crisis boom years when Wall Street and the City of London dominated MBA recruiting. The biggest decline is at Harvard Business School, where the popular-
John Reed page 9 Beyond Banking series page 17
Yields on lower-quality US investment grade corporate debt have hit their highest level since the 2013 rout as investors are increasingly discerning ahead of an expected Fed rate rise.— PAGE 20
Datawatch Support for the euro % thinking euro is a good thing, Oct 2015 (change since Oct 2014, % points) 40 50 60 70 Ireland Germany Austria Greece Spain Portugal Eurozone France Belgium Netherlands Italy Source: Eurobarometer
The share of the eurozone population reporting that the single currency is a good thing rose 4 percentage points to 61 per cent over the year, up from 45 per cent in 2007. Despite its rise in popularity, fewer than half of Italians have a favourable view of the euro
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Microsoft challenges US tech rivals with anti-snooping move in Europe
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EU split on refugees before meeting with Africa leaders The case of a group of Syrian and Iraqi children flown from Athens to Luxembourg in a blaze of publicity has highlighted tensions in Europe’s response to the refugee crisis. Greek prime minister Alexis Tsipras called it a ‘trip to hope’ but other senior EU officials were furious that the mission would undermine attempts to stem the flow of refugees. The EU will make a new attempt to tackle the issue today, meeting African leaders in Malta. Report i
Microsoft has thrown down a challenge to the US tech industry with a radical new regime to try to protect the data of some of its biggest European customers from US government over-reach.
The arrangement, which will ringfence European data with a new legal set-up designed to put it beyond US courts and the country’s national security establishment, is one of the most drastic corporate responses yet to the American internet spying scandal. Technology analysts called it a “watershed moment”, describing the manoeuvre as the first time a major US tech group had accepted its inability to protect customer data from the US government. The plan exposed the flaws in other recent attempts by US tech
companies to ease European fears by simply opening more data centres in Europe, since these were still exposed to US intrusion, they added. The US software company said it would allow foreign customers to hold data in new European facilities that are under the control of Deutsche Telekom, the German telecommunications group. The legal and technical arrangement is intended to put the data of European government and business customers, along with millions of citizens, completely out of reach of US authorities. It could have a ripple effect across the industry, creating a new privacy standard that customers may soon demand from other “cloud computing” providers such as Google, Amazon and Oracle. Silicon Valley groups are struggling to regain the trust of European customers in the wake of disclosures by NSA
whistleblower Edward Snowden about internet surveillance by US agencies. “We need to earn trust of our global customers and operate globally. That’s at the cornerstone of how we’ve done business and how we will continue to do business,” Satya Nadella, Microsoft chief executive, said. Analysts said Microsoft’s concession could complicate negotiations between US and EU politicians on a transatlantic data sharing pact known as “Safe Harbour”. Talks have been faltering for months over the issue of surveillance. Last month, Europe gave a stinging rebuke to the transatlantic alliance, scrapping a 15-year pact that allowed US tech groups to ship personal information about European citizens wholesale to the US. Editorial Comment page 8 Demands for privacy page 16
World Markets
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© THE FINANCIAL TIMES LTD 2015 No: 39,009
©
Briefing i Further carmakers in emissions talks
Germany’s motoring watchdog is in talks with several manufacturers over pollution levels uncovered in road tests following the Volkswagen emissions scandal. The regulator also named the 16 groups it has been scrutinising.— PAGE 13
DEMETRI SEVASTOPULO — NORFOLK, VIRGINIA PILITA CLARK — LONDON
NOVEMBER 12 2015
24
Class apart Big tech takes over as MBA graduates shun banking careers
3 Split over Paris measures exposed 3 Hostile US Senate spells uncertainty
om sir.c
Circulation: 219,000
USA $2.50 Canada C$3.00
Section:FrontBack
INTEREST RATES prev 0.935 US Gov 10 yr 0.662 UK Gov 10 yr 1.413 Ger Gov 10 yr 131.813 Jpn Gov 10 yr 92.839 US Gov 30 yr 105.995 Ger Gov 2 yr 1.521
Time: 11/11/2015 - 19:08
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103.69 100.81 95.39
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-2.82 UK 3m -0.11 Prices are latest for edition
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