Houlihan_Lawrence_Q1_2021_Luxury_Market_Report

Page 1

Q1-2021 REPORTMARKET LUXURY NY & CT

With a wide selection of homes to choose from, this echelon of buyers are motivated by desire, not need, and tend to be highly selective about their purchase, unaffected by current market dynamics. Consequently, days on market are often higher than homes trading quickly in the lower end of the luxury Putnammarket.andDutchess

One year ago, when the country was in a COVID-19 lockdown, it was hard to imagine that residential real estate would experience a V-shaped recovery fueled by seismic shifts in consumer behavior.

AnthonySincerely,P. Cutugno Sr. Vice President, Director of Private Brokerage SUMMARY

The question on everyone’s mind is: How long will this last? Pending sales are up, showing activity is strong and days on market are down, pointing to a solid market through the summer. As we move toward long-awaited herd immunity, we are closely monitoring what changes are here to stay and those that will return to pre-pandemic norms.

Counties' luxury properties ($1M and higher) are increasingly on the radar of NYC buyers who are gravitating to the Hudson Valley for its rural charm, pastoral beauty, and relative value. This remains a second home purchase for many buyers, while other luxury buyers are putting down roots with their primary home purchase. In Greenwich ($3M and higher), closed and pended sales have increased at every price point. Darien, New Canaan, and Rowayton posted gains up to $5M price point.

EXECUTIVE

In Westchester, luxury sales ($2M and higher) skyrocketed this quarter. Interestingly, the ultra-luxury segment ($5M and higher) is the only price bracket to have more inventory post-COVID than pre-COVID.

2021Q1 REPORTMARKET

Luxury real estate north of NYC is the beneficiary of these well-documented changes. A substantially larger buyer pool coupled with declining inventory has generated a consistent rise in luxury sales since last summer. Most recently, Q1 closed luxury sales registered double- and triple-digit gains compared to Q1 2020. Robust buyer demand during the typically slow holiday period of late fall/ early winter yielded the strongest first quarter of closed sales in a decade.

With so many buyers competing for a limited number of luxury homes, well-priced listings are being quickly absorbed, many with multiple offers, especially in the lower end of the market. It is safe to assume that listings sitting on the market are being overlooked because buyers reject the price. Pricing matters, even in a supply-constrained environment. When the price is adjusted to align with market values, buyers respond positively.

TOTAL DOLLAR VOLUME $251,176,997 $127,867,500 96.4% $1,322,094,471 $896,876,868 47.4%

% SALE PRICE TO LIST PRICE 94.9% 91.6% 3.6% 96.3% 92.7% 3.9%

AVERAGE

LUXURY MARKET REPORT 1st QUARTER 2021

263 127 107.1% TOTAL DOLLAR VOLUME $386,862,970 $108,566,310 256.3% $1,323,201,337 $637,295,000 107.6% MEDIAN SALE PRICE $3,975,000 $3,650,000 8.9% $3,950,000 $4,060,000 -2.7% AVERAGE PRICE PER SQUARE FOOT $757 $683 10.8% $722 $733 -1.5% AVERAGE DAYS ON MARKET 180 340 -47.1% 274 329 -16.7% % SALE PRICE TO LIST PRICE 96.0% 92.2% 4.1% 93.6% 91.5% 2.3% Source: Hudson Gateway Multiple Listing Service, Mid-Hudson Multiple Listing Service and Greenwich Multiple Listing Service.

% SALE PRICE TO LIST PRICE 94.8% 88.7% 6.9% 96.0% 90.6% 6.0%

GREENWICH, CT LUXURY HOME SALES | $3M AND HIGHER 2021Q1 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE% UNITS SOLD 70 27 159.3%

MEDIAN SALE PRICE $2,629,750 $2,750,000 -4.4% $2,525,000 $2,675,000 -5.6%

Westchester, Putnam and Dutchess counties (NY) and Greenwich (CT) posted the highest number of closed sales in 10 years In Putnam and Dutchess, median sale price rose 34% and total dollar volume grew by over 400% Days on market contracted in Greenwich by nearly half compared to Q1-2020

WESTCHESTER COUNTY LUXURY HOME SALES | $2M AND HIGHER 2021Q1 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE% HOMES SOLD 82 45 82.2% 457 299 52.8%

PUTNAM AND DUTCHESS COUNTY LUXURY HOME SALES | $1M AND HIGHER 2021Q1 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE% HOMES SOLD 40 13 207.7% 121 32 278.1%

AVERAGE PRICE PER SQUARE FOOT $528 $503 5.0% $520 $522 -0.4% AVERAGE DAYS ON MARKET 107 143 -25.2% 111 131 -15.3%

TOTAL DOLLAR VOLUME $91,653,006 $17,635,000 419.7% $245,746,354 $53,063,864 363.1% MEDIAN SALE PRICE $1,602,615 $1,200,000 33.6% $1,525,000 $1,400,000 8.9% AVERAGE PRICE PER SQUARE FOOT $490 $386 26.9% $474 $404 17.3% DAYS ON MARKET 189 178 6.2% 207 288 -28.1%

MEDIAN

DARIEN LUXURY HOME SALES | $2M AND HIGHER 2021Q1 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE%

PRICE

TOTAL DOLLAR VOLUME $84,712,000 $28,440,000 197.9% $282,183,390 $118,045,000 139.0% SALE PRICE $2,600,000 $3,150,000 -17.5% $2,700,000 $2,572,500 5.0% FOOT $321 21.8% $396 $352 12.5%

2021Q1

UNITS SOLD 13 8 62.5% 109 55 98.2%

%

MEDIAN SALE PRICE $2,662,000 $2,670,000 -0.3% $2,650,000 $2,500,000 6.0%

ROWAYTON LUXURY HOME SALES | $2M AND HIGHER 2021Q1 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE% UNITS SOLD 4 1 300.0% 16 7 128.6%

TOTAL DOLLAR VOLUME $11,328,500 $2,500,000 353.1% $44,837,000 $20,760,750 116.0% MEDIAN SALE PRICE $2,644,250 $2,500,000 5.8% $2,300,000 $2,645,750 -13.1%

NEW CANAAN LUXURY $2M AND HIGHER 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE% 30 9 233.3% 95 44 115.9%

HOME SALES |

Source:

Closed sales and median sale price increased in Rowayton

LUXURY MARKET REPORT 1st QUARTER 2021 In Darien, closed sales increased sharply in Q1, and days on market declined

MLS.

% SALE PRICE TO LIST PRICE 95.9% 90.7% 5.7% 94.8% 91.9% 3.2%

%

AVERAGE PRICE PER SQUARE FOOT $489 $497 -1.6% $505 $549 -8.0% DAYS ON MARKET 161 234 -31.2% 141 205 -31.2%

New Canaan posted the highest number of closed sales in 10 years

AVERAGE DAYS ON MARKET 135 146 -7.5% 78 163 -52.1% SALE TO LIST 96.9% 93.5% 3.6% 97.9% 90.8% 7.8%

TOTAL DOLLAR VOLUME $37,543,500 $22,640,000 65.8% $322,988,476 $172,943,757 86.8%

UNITS SOLD

AVERAGE PRICE PER SQUARE FOOT $729 $745 -2.1% $739 $738 0.1%

AVERAGE PRICE PER SQUARE

$391

AVERAGE

PRICE

PRICE

AVERAGE DAYS ON MARKET 147 151 -2.6% 174 204 -14.7% SALE TO LIST PRICE 96.7% 92.0% 5.1% 94.1% 90.9% 3.5% Smart

In Westchester

4 0 Not Valid 15 7 114%

Source:

$3,000,000 - $3,999,999

26 12 116% 88 25 252%

21 5 320% 66 34 94%

experienced strong gains

WESTCHESTER COUNTY LUXURY HOME SALES

14 1 1300% 33 7 371%

$10,000,000 and up

2021Q1 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE%

54 30 80% 325 207 57%

GREENWICH, CT LUXURY HOME SALES

22 14 57% 108 73 47%

$5,000,000 - $9,999,999

PUTNAM AND DUTCHESS COUNTY LUXURY HOME SALES 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE%

$2,000,000 and up

Test County, every $10M

Hudson Gateway Multiple Listing Service, Mid-Hudson Multiple Listing Service and Greenwich Multiple Listing Service

2021Q1 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR

$5,000,000 - $9,999,999

$4,000,000 - $4,999,999

posted sizable gains

CHANGE%

The high-end of market in Greenwich

$10,000,000 and up

6 1 500% 24 19 26%

$3,000,000 - $4,999,999

2021Q1

The $2M+ market in Putnam and Dutchess exploded in Q1

LUXURY

0 0 Not Valid 0 0 Not Valid

MARKET REPORT 1st QUARTER 2021

35 16 118% 136 60 126%

price range up to

$2,000,000 - $2,999,999

$1,000,000 - $1,999,999

10 6 66% 46 26 76%

3 1 200% 12 4 200%

SALES 2021Q1 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE%

DARIEN LUXURY HOME

1 0 Not Valid 3 3 0%

$3,000,000 - $4,999,999

registered triple digit gains in Q1

SALES 2021Q1 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE%

Rowayton

$3,000,000 - $4,999,999

0 0 Not Valid 0 0 Not Valid Source: Smart MLS.

$3,000,000 - $4,999,999

$2,000,000 - $2,999,999

0 0 Not Valid 3 0 Not Valid

SALES 2021Q1 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE%

0 0 Not Valid 1 0 Not Valid

0 0 Not Valid 1 1 0%

9 6 50% 74 38 94%

19 4 375% 59 34 73%

$5,000,000 - $9,999,999

4 2 100% 33 11 200%

$10,000,000 and up

LUXURY MARKET REPORT 1st QUARTER 2021 Test Closed sales up to $5M in Darien grew from last year

$10,000,000 and up

0 0 Not Valid 1 5 -80%

$2,000,000 - $2,999,999

0 0 Not Valid 0 0 Not Valid

ROWAYTON LUXURY HOME

NEW CANAAN LUXURY HOME

11 5 120% 33 10 230%

$5,000,000 - $9,999,999

$10,000,000 and up

$2,000,000 - $2,999,999

posted strong Q1 gains

$5,000,000 - $9,999,999

New Canaan

LUXURY MARKET REPORT 1st QUARTER 2021 TOP NEW YORK LUXURY MARKETS Southern Westchester accounted for the lion’s share of luxury sales in Q1 Rhinebeck was leader in Dutchess County luxury sales WESTCHESTER COUNTY LUXURY HOME SALES | $2M AND HIGHER SCHOOL DISTRICT # OF SALES MEDIAN LUXURY SALE PRICE HIGHEST SALE PRICE SCARSDALE 19 $2,750,000 $7,150,000 RYE CITY 15 $2,728,000 $5,000,000 MAMARONECK 10 $2,294,750 $2,956,555 HARRISON 7 $2,644,500 $4,900,000 KATONAH-LEWISBORO 5 $2,750,000 $3,750,000 BEDFORD 4 $3,350,000 $5,425,000 BRONXVILLE 4 $3,550,000 $4,000,000 CHAPPAQUA 4 $2,850,000 $4,000,000 RYE NECK 2 $2,262,500 $2,425,000 DOBBS FERRY 2 $2,531,250 $2,537,500 EASTCHESTER 2 $2,150,000 $2,200,000 NORTH SALEM 2 $6,050,000 $9,800,000 TARRYTOWN 2 $2,655,000 $3,300,000 PUTNAM COUNTY LUXURY HOME SALES | $1M AND HIGHER SCHOOL DISTRICT/CITY/TOWN # OF SALES MEDIAN LUXURY SALE PRICE HIGHEST SALE PRICE GARRISON 2 $1,607,500 $2,125,000 HALDANE 2 $1,295,000 $1,480,000 CARMEL 2 $1,622,500 $1,995,000 DUTCHESS COUNTY LUXURY HOME SALES | $1M AND HIGHER SCHOOL DISTRICT/CITY/TOWN # OF SALES MEDIAN LUXURY SALE PRICE HIGHEST SALE PRICE RHINEBECK 12 $1,727,500 $7,000,000 WASHINGTON 4 $1,400,000 $7,000,000 UNION VALE 3 $1,295,000 $2,750,000 CLINTON 3 $1,700,000 $2,560,000 STANFORD 2 $4,125,000 $4,300,000 MILAN 2 $1,727,615 $1,875,000 AMENIA 2 $5,010,863 $6,800,000 Source: Hudson-Gateway Multiple Listing Service and Mid-Hudson Multiple Listing Service.

LUXURY MARKET REPORT 1st QUARTER 2021 TOP CONNECTICUT LUXURY MARKETS A $45M Back Country estate was the highest sale in Q1 Westport and New Canaan rose to the top of the list with highest number of luxury sales GREENWICH, CT LUXURY HOME SALES | $3M AND HIGHER TOWN/CITY # OF SALES MEDIAN LUXURY SALE PRICE HIGHEST SALE PRICE GREENWICH 58 $4,227,500 $45,000,000 RIVERSIDE 7 $3,900,000 $6,750,000 OLD GREENWICH 4 $3,712,500 $3,950,000 COS COB 1 $3,150,000 $3,150,000 SOUTHERN FAIRFIELD COUNTY, CT LUXURY HOME SALES | $2M AND HIGHER TOWN/CITY # OF SALES MEDIAN LUXURY SALE PRICE HIGHEST SALE PRICE WESTPORT 42 $2,850,000 $5,125,000 NEW CANAAN 30 $2,600,000 $4,590,000 FAIRFIELD 15 $2,675,000 $4,170,000 DARIEN 13 $2,662,000 $4,650,000 STAMFORD 6 $3,288,359 $4,200,000 WILTON 5 $2,500,000 $2,775,000 NORWALK 4 $2,644,250 $3,945,000 RIDGEFIELD 4 $2,175,000 $2,280,000 WESTON 3 $2,505,000 $4,900,000 NEW FAIRFIELD 1 $3,500,000 $3,500,000 REDDING 1 $2,075,000 $2,075,000 Source: Greenwich MLS and Smart MLS

49 10 5 32 6 5 53.1% 66.7%

$10,000,000 and up Not Valid 1000.0% 0.0%

DUTCHESS COUNTY | HIGHER OF MARCH 31, 2021 OF MARCH 31, 2020 2021 vs. 2020

AS

AS

49 12 4 67 5 13

Hudson-Gateway Multiple Listing Service and Mid-Hudson Multiple Listing Service.

$2,000,000 - $2,999,999

COUNTY | $2M

LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% CHANGE%

LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN

PUTNAM COUNTY AND HIGHER OF MARCH 31, 2021 OF MARCH 31, 2020 2021 vs. 2020

$5,000,000 - $9,999,999

AS

PENDINGSIN

16 8 2 16 4

SNAPSHOT SOUTHERN

14 4 4 18 1

AS

$1,000,000 - $1,999,999 -26.9% 140.0% $2,000,000 and up 10 -4.9%

AS

11 1 11 1 0

IN LISTINGS CHANGE% PENDINGSIN

$1M AND

AS

COUNTY | $2M

AS

LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE%

PRICE RANGE

77 42 2 73 18 4 5.5% 133.3%

AS

$3,000,000 - $4,999,999

$1,000,000 - $1,999,999 4 0.0% 100.0%

PRICE RANGE

LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN

2 1 2 2 0 Not Valid 0.0% 0.0%

$3,000,000 - $4,999,999

LUXURY MARKET REPORT 1st QUARTER 2021

124.4%

$2,000,000 - $2,999,999 -27.1%

$10,000,000 and up

RANGE

IN LISTINGS

20 2 10 16 0 Not Valid 25.0% 0.0%

| $1M

PRICE RANGE

SUPPLY/DEMAND WESTCHESTER AND HIGHER OF MARCH 31, 2021 OF MARCH 31, 2020 2021 vs. 2020

39 6 7 41 4

50.0% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand

Source:

$5,000,000 - $9,999,999

$2,000,000 and up 18 -22.2% 300.0%

27 9 3 23 0 Not Valid 17.4% 0.0%

94 101 1 129 45 3

41 35 1 54 13 4 -24.1% 169.2%

NORTHERN WESTCHESTER AND HIGHER OF MARCH 31, 2021 OF MARCH 31, 2020 2021 vs. 2020 PRICE

IN LISTINGS CHANGE% PENDINGSIN

$3,000,000 - $3,999,999 -40.5%

$5,000,000 - $9,999,999 -1.3%

2020 2021 vs. 2020 PRICE RANGE LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN

$5,000,000 - $9,999,999 0.0% 0.0%

50 32 2 84 18 5

IN LISTINGS

AS

$2,000,000 - $2,999,999

DARIEN HIGHER OF MARCH 31, 2021 OF MARCH 31, 2020 2021 vs. 2020

23 25 1 41 6 7 -43.9% 316.7%

5 4 1 7 0 Not Valid

$10,000,000 and up

$4,000,000 - $4,999,999 -40.8%

0 0 0 0 0 0

AS

77.8%

0 3 0 3 0

580.0%

$3,000,000 - $4,999,999 -44.4%

AS

ROWAYTON | $2 AND HIGHER OF MARCH 31, 2021 AS OF MARCH 31, 2020 2021 vs. 2020 PRICE RANGE

28 13 2 30 2 15 -6.7% 550.0%

29 12 2 49 1 49

AS

$2,000,000 - $2,999,999 -28.6% 0.0%

550.0%

AS

IN

$10,000,000 and up

SNAPSHOT GREENWICH, CT | $3M AND

SUPPLY/DEMAND HIGHER OF MARCH 31, 2021 OF MARCH 31, 2020 2021 vs. 2020

PRICE RANGE

8 1 8 7 1 7 14.3% 0.0%

LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% LISTINGS CHANGE% PENDINGSIN

LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE%

15 13 1 27 2 14

1100.0%

M

PRICE RANGE

AS

Valid

29 24 1 48 7 7 -39.6% 242.9%

$3,000,000 - $4,999,999

$5,000,000 - $9,999,999

0 0 0 1 0 Not Valid -100.0% 0.0%

$10,000,000 and up

22 3 7 28 2 14 -21.4% 50.0%

$5,000,000 - $9,999,999

77 34 2 78 5 16

$3,000,000 - $4,999,999 Not -100.0% 0.0%

NEW CANAAN | $2M AND HIGHER OF MARCH 31, 2021 OF MARCH 31,

6 1 6 4 0 Not Valid 50.0% 0.0%

LUXURY MARKET REPORT 1st QUARTER 2021

| $2M AND

LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% CHANGE% PENDINGSIN

$10,000,000 and up 0.0% 0.0%

2 0 Not Valid 1 0 Not Valid 100.0% 0.0% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand Source: Greenwich MLS and Smart MLS.

0 0 0 0 0 0

AS

$2,000,000 - $2,999,999

LUXURY MARKET REPORT 1st QUARTER 2021 TEN-YEAR MARKET HISTORY WESTCHESTER COUNTY LUXURY HOME SALES | $2M AND HIGHER PUTNAM COUNTY LUXURY HOME SALES | $1M AND HIGHER Source : Hudson Gateway Multiple Listing Service. *2021 homes sold are annualized based on actual sales year-to-date.

LUXURY MARKET REPORT 1st QUARTER 2021 TEN-YEAR MARKET HISTORY DUTCHESS COUNTY LUXURY HOME SALES | $1M AND HIGHER GREENWICH, CT LUXURY HOME SALES | $3M AND HIGHER Source : Mid-Hudson and Greenwich Multiple Listing Service. *2021 homes sold are annualized based on actual sales year-to-date.

LUXURY MARKET REPORT 1st QUARTER 2021 TEN-YEAR MARKET HISTORY DARIEN, CT LUXURY HOME SALES | $2M AND HIGHER ROWAYTON, CT LUXURY HOME SALES | $2M AND HIGHER Source : Smart MLS. *2021 homes sold are annualized based on actual sales year-to-date.

LUXURY MARKET REPORT 1st QUARTER 2021 TEN-YEAR MARKET HISTORY NEW CANAAN, CT LUXURY HOME SALES | $2M AND HIGHER Source : Smart MLS. *2021 homes sold are annualized based on actual sales year-to-date.

A SELECTION OF OUR LUXURY OFFERINGS /HOULIHANLAWRENCE.COM HOULIHANLAWRENCE @ @HOULIHANLAWRENCE HOULIHANRE Brick Beauties NEW CANAAN, CT · $3,995,000 WEB# MR2814702 · 203.966.3507 BEDFORD, NY · $2,579,000 WEB# MR2767442 · 914.234.9099 GREENWICH, CT · $6,350,000 WEB# MR2822522 · 203.869.0700 Home Offices POUND RIDGE, NY · $3,995,000 WEB# MR2814832 · 914.234.9099 DOBBS FERRY, NY · $2,795,000 WEB# MR2804932 · 914.591.2700 GREENWICH, CT · $6,795,000 WEB# MR2815222 · 203.869.0700 Stone Manors GREENWICH, CT · $5,900,000 WEB# MR2506232 · 203.869.0700 ARMONK, NY · $4,399,999 WEB# MR2810312 · 914.273.9505 BRONXVILLE, NY · $5,995,000 WEB# MR2801862 · 914.337.0400

A SELECTION OF OUR LUXURY OFFERINGS /HOULIHANLAWRENCE.COM HOULIHANLAWRENCE @ @HOULIHANLAWRENCE HOULIHANRE Panoramic Vistas CHATHAM, NY · $7,500,000 WEB# MR2785102 · 845.677.6161 CANAAN, NY · $3,250,000 WEB #MR2823142 · 917.975.9926 GREENWICH, CT · $13,500,000 WEB# MR2770612 · 203.869.0700 Country Lifestyle GREENWICH, CT · $5,950,000 WEB# MR2813562 · 203.869.0700 MILLBROOK, NY · $3,950,000 WEB# MR2815042 · 845.677.6161 MILLBROOK, NY · $13,500,000 WEB# MR2823892 · 845.677.6161 Water Views RHINEBECK, NY · $3,890,000 WEB# MR2780742 · 845.677.6161 BEDFORD, NY · $2,875,000 WEB# MR2813392 · 914.234.9099 GREENWICH, CT · $5,995,000 WEB# MR2769372 · 203.869.0700

Designed expressly for our region's most exceptional properties, Houlihan Lawrence Private Brokerage offers discreet advisory and brokerage services to our valued luxury clients. Since its inception in 1990, our exclusive luxury program directed by Senior Vice President, Anthony P. Cutugno has earned a reputation for personalized boutique-style service and nuanced marketing that best serves the interests of our clientele. Known for our prudence and reliability, Houlihan Lawrence has worked with many of the area's most prominent families, charitable trusts, banks and estate trustees in facilitating the sale of the region's most prestigious properties. Based on the private banking model, Tony is personally involved in every transaction offering invaluable insight and advice honed by decades of experience in international trade and luxury real estate. What sets Private Brokerage apart is our ability to leverage Houlihan Lawrence's vast resources and impressive global partners to successfully position a property within the international marketplace. With a reach that extends to 6 continents, Houlihan Lawrence Private Brokerage understands the world of luxury and has cultivated relationships with international partners and high net-worth clients across the globe. These world-class connections supported by the personal oversight of Tony and his Private Brokerage team create a powerful combination that drives results year-after-year.

914.234.0308 HOULIHANLAWRENCE .COM HOULIHAN LAWRENCE PRIVATE BROKERAGE

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.