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CONTENTS
NOVEMBER2013
46
COVER IMAGE: James Dean Style Eternal, p. 46
18 108
12 24
36
FEATURES
WORK
12 YOU LOST HOW MUCH?
68 OUT OF THE ASHES
From Nick Leeson to Howie Hubler, RICHARD BROWN profiles finance’s most notorious rogue traders
RICHARD BROWN meets Sean Windeatt, chief operating officer at BGC Partners, one of the world’s largest inter-dealer brokers
18 GREED IS GOOD
PLAY
In the lead-up to the much anticipated release of Martin Scorsese’s The Wolf of Wall Street, GAVIN HAINES reflects on some of our favourite trading films
84 ITALIAN FOR BEGINNERS
24 FOR THE BUTCHER’S BLOCK? As the future of Smithfield Market remains uncertain, JACK WATKINS tells of the consequences if developers can’t be stopped
34 PRIDE & GROOM
NEIL BRISCOE shares his first-time experience behind the wheel of a Ferrari
TRAVEL 112 A HIGHLAND FLING NICK SMITH tees off in the Scottish Highlands and unwinds at the luxurious Gleneagles Hotel
TIFFANY EASTLAND delves into the clean-cut world of men’s grooming
46 STYLE ETERNAL Following the release of The Great Gatsby, and rave reviews of Tim Rice’s From Here to Eternity, AMY-LOUISE ROBERTS looks at icons of Hollywood glamour in the Golden Age of cinema
REGULARS 29
STYLE
80
MOTORING
108 HOLLYWOOD’S FINEST
53
WATCHES + JEWELLERY
91
FOOD & DRINK
67
WORK
103 TRAVEL
77
PLAY
117 PROPERTY
ROWENA MARELLA-DAW visits some of Hollywood’s most iconic hotels, wining and dining in the same hallowed halls as silver screen royalty
Charged Performance. 6:57, the time the Porsche 918 Spyder took to set a new world record*. To take the N端rburgring crown by 14 seconds was surprising. To do so with a plug-in hybrid is revolutionary. It is a performance milestone and a perfect expression of our founding principle. The principle of Intelligent Performance.
The new 918 Spyder. The DNA of the sports car has evolved.
Estimated fuel economy figures for the Porsche 918 Spyder in mpg (I/100km): Urban N/A (N/A), Extra Urban N/A (N/A), Combined 85.6 (3.3). CO2 emissions: 79 g/km. The mpg and CO2 figures quoted are sourced from internal test results using pre-production vehicles, are provided for comparability purposes and may not reflect your actual driving experience. Fuel economy figures obtained in combined hybrid power train mode using a battery charged from mains electricity. *Fastest ever lap of the N端rburgring Nordschleife for a car with global road homologation, set 04 September 2013. 20.6 km lap covered at an average speed of over 111 mph by Porsche factory driver Marc Lieb.
WORK | Opinion
november
Published by
CONTRIBUTORS
ED TOR N CH EF LESLEY ELLWOOD
MANAG NG ED TOR EMMA OHNSON
DEPUTY ED TOR R CHARD BROWN
ED TOR AL ASS STANT T FFANY EASTLAND
STAFF WR TER
AMY LOU SE ROBERTS
MOTOR NG ED TOR MATTHEW CARTER
COLLECT ON ED TOR ANNABEL HARR SON
SEN OR DES GNER DAN EL POOLE
BRAND CONS STENCY LADDAWAN UHONG
GENERAL MANAGER
GAVIN HAINES
JAMES LAWRENCE
LUC E LUCIE DODDS
JACK WATKINS
Gavin Haines is a freelance journalist and photographer based in London. When he’s not writing for The City Magazine, he is weaving words together for the BBC, The Independent and National Geographic Traveller. He has reported on a broad range of topics, but specialises in interviews, lifestyle features and travel writing.
A self-confessed wine obsessive, James is passionate about discovering the lesser known wines and wine regions of the world, as well as writing about beer, ale, cocktails and spirits. This month he offers up some impressive examples of Bordeaux alternatives from California’s Napa Valley.
Fashion editor and stylist, Lucie Dodds previously worked at British Vogue and Associated Newspapers, and now works on luxury publications, TV and with British and US celebrities and musicians and for many brands as stylist art director and creative consultant. She splits her time between London and Los Angeles.
Jack Watkins is a freelance journalist, writing on history and heritage. He has been published in The Independent, The Guardian and The Daily Telegraph, while his interviews with actors are frequently featured in Country Life. He particularly loves soul and rockabilly, writing for music magazines like Record Collector and Vintage Rock.
MATTHEW CARTER
ROWENA MARELLA-DAW
NE L NEIL BRISCOE
N CK NICK SMITH
Former editor of both Autocar and Classic and Sports Car, Matthew Carter has been a motoring journalist for longer than he cares to admit. He currently owns three cars: a city-friendly VW up!, and two classic Alfas – a 1960 Giulietta Sprint Veloce and a brutal SZ. He has been Canary Wharf’s motoring editor since the beginning.
Rowena specialises in luxury travel. She was features and travel editor for a leading UK wedding magazine, and now writes for lifestyle and travel publications worldwide. A native of Manila, Rowena lived in New York and Los Angeles, working at the United Nations, in IT, animation and web
Neil has been a car critic for 15 years, and still hasn’t lived down the shame of the time he was overtaken by a Daweoo Matiz while driving a new Alfa Romeo. He lives in Ireland but travels all over the world to drive new cars, and sometimes even remembers to drive on the correct side of the road. His favourite car is a Series 1 1948 Land Rover.
Nick Smith is an awardwinning travel writer and photographer. His latest book is the highly acclaimed Travels in the World of Books described by Alexander McCall Smith as ‘a triumph.’ In 2012, he was shortlisted in the Travel Photographer of the Year competition. He is a fellow of the Royal Geographical Society and the Explorers Club.
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Would you like a trip for two to the 2006 Monaco Grand Prix?
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INVESTMENT ISSUE: FROM FOOD TO FASHION, ART TO AUTOMOBILES, SPLASH YOUR CASH AND WAIT FOR THE RETURN
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NOVEMbEr 2013 • IssuE 18
MAJESTIC
In our special anniversary issue, weGame look back at the last two incredible
DIAMOND DIAMON D heritage
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decades of development in Canary Wharf, talk exclusively to CEO Sir CANARY CANARY CANARY CANARY CANARY CANARYCANARY CANARY CANARYCANARY CANARY CANARY CANARY CANARY George Iacobescu about 25 years at the helm of Canary Wharf Group, M ArcH 2012 i s s u e 8 0
L O N D O N
F FREDDIE LJUNGBERG STRIKES A POSE IN THIS SEASON’S SMARTEST TRENDS
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FROM THE EDITOR When you think of classic style, the mind often returns to the ‘Golden Age’ of Hollywood, the period between 1930 and 1960 when the stars were slicker, their outfits sharper, their smiles whiter and their enduring appeal seemingly a whole lot more effortless. Today, those with lofty style aspirations are still chasing that holy grail of natural grace and charm – even if it takes more tweaking and teasing behind the scenes – and dapper chappers everywhere are still taking their style cues from Hollywood greats. Inspired by these most sartorial of souls, we take a trip down cinema’s memory lane, charting the rise of debonair icons such as Frank Sinatra and James Dean, to modern-day stars in the form of Leonardo DiCaprio (p. 46). Indeed, no one has had a more stylish year than this man, devastatingly slick in The Great Gatsby, and soon to appear on our screens in one of his most exciting roles to date, clad head-to-toe in perfect pinstripe as rogue Wall Street banker Jordan Belfort in The Wolf of Wall Street. If the explosive trailer is anything to go by (trust me, Google it), it is set to be one of the best trading films ever made. In the interests of comparisons, we look back at how the world of the City has been portrayed on screen ever since Michael Douglas’s now infamous performance in Wall Street in 1987 (p. 18). For a more sobering look at trading floor dramatics, we also chart the most notorious rogue traders of the past two decades. If Belfort’s Champagnefuelled antics on his yacht find you weighing up the pros and cons of that ‘handy backhander’, this provides a sobering reminder that sadly Champagne is pretty hard to come by when you’re in the nick... (p. 12)
Emma Johnson Editor
NOVEMBER 2013 THE CITY 11
You lost
HOW
Just weeks ago, City stalwart ICAP was fined £55 million by US and British regulators after three of its now ex-brokers were found guilty of manipulating yen Libor rates between 2006 – 2010. In an industry tainted by tales of bribes, backhanders and insider dealing, we profile finance’s most notorious rogue traders WORDS: RICHARD BROWN
IMAGE: Copyright © Corbis
much?
FEATURE
november 2013 THE CITY 13
NAME: NICK LEESON INSTITUTION: BARINGS BANK LOSS: £827 MILLION YEAR: 1995 LEESON IS PERHAPS Britain’s most notorious rogue trader, charged with single-handedly bringing down the country’s oldest investment bank, Barings. The collapse of the Queen’s personal bank is one of the most spectacular debacles in modern finance, turned into a book, and then a film starring Ewan McGregor and Anna Friel. How could one trader bring down the banking empire that had funded the Napoleonic Wars? By betting – unchecked – on the future direction of Singapore’s Nikkei Index, that’s how. Viewed as a whiz-kid by his bosses, Leeson was repeatedly issued extra funds to cover losses that Barings never knew it was making. In a vain attempt to corner the futures market, Leeson invested hundreds of thousands in futures contracts, while hiding losses in obscure accounts. As the markets turned against him, Leeson asked for more and more money until Barings was forced to carry out a spot audit in Febuary 1995. The losses they discovered amounted to more than £800 million. Barings collapsed. Leeson went on the run.
WHERE ARE THEY NOW? Leeson served four years of a sixand-a-half-year jail sentence in Changi Prison, Singapore. He was released early, having been diagnosed with colon cancer which he survived. Having published two books, and become, and then resigned as, the CEO of Irish football club Galway United, Leeson is now a regular on the after-dinner speaking circuit.
NAME: YASUO HAMANAKA INSTITUTION: SUMITOMO CORPORATION LOSS: £1.6 BILLION YEAR: 1996 MR COPPER, AS you may be able to guess, was a big-time player in the copper trade. Also nicknamed ‘Mr Five Per Cent’, because of the proportion of that market he was said to control, Yasuo Hamanaka had spent a decade unlawfully trading copper on behalf of the Sumitomo Corporation. In 1995, it was discovered that Hamanaka had been hiding enormous losses and forging his bosses’ signatures on unauthorised trades. The following year, the Sumitomo Corporation reported a loss of more than £1.6 billion in unauthorised copper trading on the London Metal Exchange. While many question how a single trader could
corner such a vast share of the market without his supervisors’ knowledge, Hamanaka told a court he’d acted alone, admitting to charges of forgery and fraud.
WHERE ARE THEY NOW? Hamanaka served seven years of an eight-year sentence. He was released in 2005.
NAME: JÉRÔME KERVIEL INSTITUTION: SOCIÉTÉ GÉNÉRALE LOSS: £4.3 BILLION YEAR: 2006 - 2008 HE HOLDS THE record for being the most indebted man in the world, having been ordered to reimburse his former employer Société Générale with an impressive £4.3 billion. Not that Jérôme Kerviel has accepted that ruling, or the three-year jail sentence given to him by a Parisian court in 2010. Mirroring a claim made repeatedly in cases of rogue trading, the Brittany-born trader has maintained that his trading behaviour was widespread within the company and that his superiors knew of his activities. It is claimed Kerviel started to conduct tens of billions of dollars’ worth of unauthorised trades (mostly specialised equity arbitrage trades) in late 2006 and early 2007. Kerviel would, allegedly, circumvent trading limits to create fake trades, offsetting them in the system’s computers and logs. The size of the trades increased until, in 2008, after a drop in equity indices, Société Générale discovered it was open to huge open deals which carried risks of billions. After closing out trades in a falling market, the bank lost more than £4 billion. Despite the extraordinary sum, it is not thought Kerviel profited personally from his actions. In 2006, he earned a relatively modest £50,000 bonus on top of a £62,000 salary.
WHERE ARE THEY NOW? “I am disappointed, of course. They’ve refused my demands. We will keep going,” said Kerviel after an employment tribunal rejected his plea for a new inquiry in July of this year. Kerviel’s sentence remains suspended until his appeal is completed.
NAME: KWEKU ADOBOLI INSTITUTION: UBS LOSS: £1.4 BILLION YEAR: 2008 - 2011 MEET THE MAN responsible for creating the largest unauthorised trading loss in British history. Born in Ghana and educated in Britain, Kweku Adoboli was considered a rising star in the investment world,
FEATURE
deceiving his peers and employers for almost three years before confessing to his crimes. Having worked in UBS’s back office, Adoboli became a trader in 2006 with the bank’s exchange traded funds desk. By 2007, he and colleague – 24-year-old John Hughes – were responsible for a £30 billion portfolio. By 2008, Adoboli told a court, they “were losing so much money it was mental.” Had Adoboli come clean at that point, the losses may have been absorbed. Instead, bolstered by the apparent pressure he was put under, he hid the deficit and continued exposing the bank to loss by concealing the true risk of his trades, using fictitious hedges and then fake cash-only trades to do so. By June 2011, thanks inpart to the severe market turbulence caused by the eurozone crisis, and at a time when UBS believed the risk associated with Adoboli’s trades to be a few million, the trader had racked up actual losses of £1.4 billion.
WHERE ARE THEY NOW?
IMAGES: Copyright © Corbis / Baer Tierkel / Daryl Lang
After been found guilty of two counts of fraud, Adoboli is one year in to a seven-year prison sentence.
NAME: BRIAN HUNTER INSTITUTION: AMARANTH ADVISORS LOSS: £4.1 BILLION YEAR: 2006 “THAT’S ALL THE market is,” says Ewan McGregor, in his depiction of Nick Leeson in Rogue Trader, “one giant casino.” It seems Amaranth’s Brian Hunter thought so too, betting more than anyone else on natural gas futures in 2005. That year, as Hurricane Katrina wreaked havoc and pushed prices up, the gamble paid off, netting his employers £600 million. Encouraged by his success, and the millions pumped into the company by admiring investors, Hunter chose to maintain a long
position going into 2006. This time, the bet went bad. The price of natural gas plummeted and Hunter’s position left him open to massive losses. On 14 September 2006, Hunter lost Amaranth £350 million in one day. Total losses ran to more than £4 billion. The chips had turned. Amaranth went bust.
WHERE ARE THEY NOW? In 2011, the Federal Energy Regulatory Commission levied a $30 million penalty against Hunter for manipulating the price of natural gas in 2006. In March 2013, a U.S. appeals court ruled that the FERC had acted outside of its statutory mandate in doing so.
NAME: BRUNO IKSIL INSTITUTION: J. P. MORGAN LOSS: £3.6 BILLION YEAR: 2012 WHEN CONTEMPORARIES REFER to you as ‘the London Whale’, and others as ‘Lord Voldemort’, you can be pretty certain that your reputation precedes you. Having acquired such nicknames through the enormous credit default swap positions he’d accumulated within a six-week period in 2012, it was perhaps no surprise that Bruno Iksil found himself at the centre of investigations when J. P. Morgan announced estimated trading losses of £1.25 billion in May of that year. The French trader had been hedging positions against up to £6 trillion worth of derivatives that the rest of the market, including another branch of J. P. Morgan, were betting heavily against. Iksil’s enormous CDS positions eventually proved ill-advised and by July 2012 J. P. Morgan’s total losses stood at £3.6 billion.
WHERE ARE THEY NOW? Iksil is currently working with the US federal government to build a case against his former
NOVEMBER 2013 THE CITY 15
FEATURE
supervisor Martin-Artago and fellow trader Julien Grout, who it is alleged tried to conceal £3.8 billion in losses from federal regulators. Unless new evidence is unearthed, it is thought Iksil will walk away, scot-free.
HOWIE HUBLER CAN lay claim to losing more money than anyone else in the history of Wall Street. A once thriving derivatives trader, Hubler had spent 2004 to 2006 betting against the U.S. real estate bubble, using credit default swaps to do so. Unfortunately for Hubler, and his employer Morgan Stanley, the economy’s decline happened slower than he’d expected. The result was a growing mountain of losses — losses Hubler compensated for by selling insurances on slightly better mortgages. As the market continually refused to decline, Hubler was forced to increase his long position, selling several times the number of swaps he had actually bought. While the sub-prime mortgage market did eventually collapse, the knock-on effect made the slightly better mortgages worthless too. In the final three months of 2008, Morgan Stanley disclosed losses of £5.6 billion. At the time, John Mack, then chief executive, said: “Virtually all the writedowns this quarter were a result of trading by a single desk in our mortgage business.” Ouch.
WHERE ARE THEY NOW? Hubler escaped jail, left Morgan Stanley with millions and has subsequently founded the Loan Value Group – a mortgage advisory business.
16 THE CITY NOVEMBER 2013
“THE GREATEST TRADE EVER” The Man Who Defied Wall Street While banks lost billions and the world went into economic free-fall, the sub-prime mortgage collapse wasn’t bad news for all. Realising what apparently no one else saw coming, New York hedge fund manager John Paulson predicted the collapse of the U.S housing market. Despite knowing little about real estate or how to wager against it – his background was in mergers and acquisitions – Paulson was adamant that an opportunity was unfolding. Going against the advice of his colleagues and friends, Paulson and a handful of renegade investors began to bet heavily against risky mortgages and precarious financial companies. Initially it looked like professional, and financial, suicide; Paulson and co began losing tens of millions as real estate prices continued to soar. But Paulson stood his ground, investing even more against the markets. Then, in the summer of 2007, the markets began to implode. By the end of the year, Paulson’s firm would make $15 billion; he himself would personally net just shy of $4 billion, or, to put it another way, more than $10 million a day. The man with no experience in real estate had outwitted Wall Street’s biggest names, making history, and some serious wedge, in doing so.
TOP IMAGE: Copyright © Spirit of America
NAME: HOWIE HUBLER INSTITUTION: MORGAN STANLEY LOSS: £5.6 BILLION YEAR: 2008
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All of above: The Wolf of Wall Street, starring Leonardo DiCaprio
FEATURE
‘‘GREED IS GOOD’’ Beleaguered brokers are dragged through the mud by their pinstripe pants in Martin Scorsese’s explosive new film The Wolf of Wall Street. But they should be used to this by now, says GAVIN HAINES, as he looks back at classic trading flicks
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PORTING THE FINEST pinstripe suit known to humanity and wearing enough Brylcreem for his hair to be declared an ecological disaster, Michael Douglas delivers one of the classic lines of the 1987 film Wall Street. As unscrupulous trader, Gordon Gekko, he makes a rousing speech to the shareholders of Teldar Paper on the merits of greed. “The point is, ladies and gentlemen, that greed, for lack of a better word, is good,” he enthuses. “Greed is right, greed works. Greed clarifies, cuts through and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA.” Unfortunately for the supercilious stockbroker, greed would also lead to his eventual ruin, as Gekko is brought down by his more ethical prodigy, Bud Fox, played by Charlie Sheen, who knows a thing or two about falls from grace. Greed doesn’t just set the tone for this seminal stockbroker film, but the raft of trader flicks that have followed. Hollywood doesn’t have to dream up pinstriped villains such as Gordon Gekko when you have the likes of Jordan Belfort walking down Wall Street. His meteoric rise to stockbroker extraordinaire, and subsequent demise, was the inspiration behind Martin Scorsese’s latest movie The Wolf of Wall Street. Starring Leonardo DiCaprio, the film is unlikely to restore public faith in our fallen financial institutions, as it follows the fortunes of Belfort, who succumbs to the familiar trappings of wealth and embarks on dirty tricks to fund his increasingly lavish lifestyle. Deception has scarcely looked sexier – especially when Belfort and his crooked cohorts resort to ducttaping cash to scantily clad women, in a desperate attempt to hide their ill-gotten gains. Oh, what a wonderful problem to have. But this isn’t just about beautiful broads, fast cars and fancy yachts. After flirting with these clichés the
film mines new depths of depravity, as greed tightens its grip on Belfort and those around him; people get beaten, cockroaches are eaten and a dwarf is thrown across an office. Then things turn really nasty. Perhaps even for Gordon Gekko, this would have been beyond the pale, although we do see in Belfort the same ruthless egotism that makes Michael Douglas’ character such a formidable force on Wall Street. And like Gekko, Belfort is never satisfied. “My name is Jordan Belfort. The year I turned 26, I made 49 million dollars, which really pissed me off because it was three shy of a million a week,” he says. “Was all this legal? Absolutely not.”
DOCUMENTING THE DOWNFALL In the corrupt soul of Belfort we also detect a soupçon of Frank Abagnale, the conman played so brilliantly by DiCaprio in Catch Me If You Can, a true story about another doyen of deceit. And, as with Catch Me If You Can, in The Wolf of Wall Street we learn that the rollercoaster reality of a bent broker is stranger than anything Hollywood can muster up. Which brings us to Nick Leeson, whose unscrupulous trading in the early 90s brought down the UK’s oldest investment bank, Barings. The Londoner’s story was brought to the big screen in 1999 with James Dearden’s classic Rogue Trader. Played by Ewan McGregor, Leeson’s moral compass is set way off course as he is transferred first to Jakarta and then to Singapore, where he finds himself on a slippery slope, breaking trading laws and gambling with the bank’s money to recuperate company losses. Set in the City and the emerging financial centres of Singapore and the Philippines, this is as much a commentary about the UK’s early ventures into the so-called tiger economies as it is about the downfall of Leeson and Barings. However, while there is pleasure to be had watching Gekko crash and burn in Wall Street, as the noose tightens around Leeson it’s hard not to feel sorry for the beleaguered Brit. And when the proverbial hits the fan back in London, there’s relief he has made good his escape.
NOVEMBER 2013 THE CITY 19
Michael Douglas in Wall Street (1987)
But, alas, our rogue trader can’t run forever – as appealing as that would be if you were accompanied by Anna Friel, who plays his wife – and in a classic airplane arrest scene, the long arm of the German law catches up with him, as he returns to London. Evidently, the prospect of prison in Britain was a damn sight cheerier than that of Singapore. While the demise of the Queen’s personal bank by one rogue trader makes for a rollicking good story, if you happen to be in the movie industry there are few things better than a global financial crisis. And since the 2008 meltdown, documentary-makers have been picking over the corpse of capitalism in a succession of feature films. First on the scene was Michael Moore with Capitalism: A Love Story, which examines the social costs of corporations pursuing profit at the expense of the public. On his journey from the boulevard
Bad-apple bankers and impotent regulators are hung out to dry, as Inside Job exposes a culture of complacency, greed and cocaine addiction amongst the Wall Street elite of broken dreams in Middle America to the global financial epicentre in Manhattan, he counts the cost of capitalism in job losses, home repossessions and lost savings. It’s a sobering documentary but there are moments of humour, like when Moore turns up at Wall Street with a hessian money sack to collect the $10 billion he says is owed to the people of the USA. The burly security guards, who have clearly swapped ear-pieces for personalities, look none too impressed. Then there was the Academy Award-winning Inside Job, which brings into sharp focus the institutions and individuals that led to the 2008 downfall and claims mockingly to be the film that cost more than $20 trillion to make. Rogue brokers, bad-apple bankers and impotent regulators are hung out to dry, as Inside Job exposes a culture of complacency, greed and cocaine addiction amongst the Wall Street elite. Narrated by Matt Damon, it features candid interviews with talking heads such as Christine Lagarde, MD of the International Monetary Fund, who in one scene recalls a conversation she had with then US Treasury Secretary Hank Paulson. “I clearly
Vin Diesel in Boiler Room (2000)
FEATURE
Martin Sheen, Charlie Sheen and Michael Douglas in Wall Street (1987)
Shia LaBeouf in Wall Street: Money Never Sleeps (2010)
NOVEMBER 2013 THE CITY 21
remember telling Hank: ‘We are watching this tsunami coming, and you’re just proposing that we ask which swimming costume we’re going to put on.’” Incredulously, she recalls his response. “Things are under control.” In Curtis Hanson’s Too Big to Fail we are reminded that it really wasn’t under control, as the documentary singles out Hank Paulson’s role in the 2008 meltdown. He has the dubious honour of being number one on Time magazine’s list of people to blame for the crisis and this documentary about his handling of the Lehman bankruptcy will hardly enhance his reputation. The City of London is also dragged into the narrative, thanks to British banking regulators who stepped in to prevent Barclays from taking over the defunct institution.
Psychos in the city However, if you thought the financial crisis was a messy business then you obviously haven’t seen American Psycho. And you really should. There are probably fewer victims in this film than in some of the
Christian Bale in American Psycho (2000)
aforementioned documentaries, but that’s no thanks to the protagonist, a psychotic investment banker called Patrick Bateman, who is making a killing on Wall Street. Literally. That’s because Christian Bale’s character is a homicidal maniac whose hunger for success in the city is matched only by his greed for guts. It’s brutal, bloody and brilliant. The city boys get the same old treatment, naturally. You can’t move for pinstripe suits and carefully combed coiffures, while a culture of misogyny, materialism and substance abuse prevails as it does in most other films about Wall Street. But this adaptation of Bret Easton Ellis’s novel veers comically and chillingly between the prosaic professionalism of life at an investment bank and the psychotic persuasions of our protagonist. Is Bateman’s reckless behaviour a metaphor for the industry? One does wonder. And perhaps, at times, one also sympathises with Bateman as he endures odious colleagues like Paul Allen – although hopefully that sympathy doesn’t run deep enough to condone his treatment of poor
FEATURE Demi Moore in Margin Call (2011)
Russell Crowe in A Good Year (2006)
old Paul, who is murdered with an axe in Bateman’s apartment during a conversation about the pop group Huey Lewis and the News. It’s one of the movie’s iconic scenes. You may have noticed by now, some patterns emerging from these films. We’re not talking about the iconic skylines of London and New York, which provide the backdrop to most of these movies. Nor are we addressing the stylistic elements – the slickedback hair, the braces and pinstripe suits – which are de rigueur for our dashing brokers. No, what we are talking about is the moral bankruptcy of Wall Street and the City of London, which is a recurring theme in all of these movies and others such as Margin Call and Boiler Room, which has an excellent cameo from Ben Affleck as big-time broker Jim Young. “Become an employee of this firm and you will make your first million within three years. Okay, I’m gonna repeat that, you will make a million dollars
within three years of your first day of employment at J.T. Marlin,” he says to a bunch of hopeful brokers. They’re listening and so are we. “There’s no question as to whether you become a millionaire working here. The only question is, how many times over. You think I’m joking... I am not joking.” The speech continues and by the end of his rousing monologue you want a piece of the pie. Trouble is, that pie has a nasty aftertaste and the film follows a predictable path as you realise J.T. Marlin is operating on the wrong side of the law. It’s bereft of ethics, bad to the bone and leaves you wondering whether there are any good guys out there in our financial institutions. Cue, Max Skinner, the London broker who makes the deal of his career by trading in a high-flying City job for a new life in Provence. This is the 2006 romantic comedy A Good Year, starring Russell Crowe, who takes us on a journey of enlightenment as his character discovers that a simple life in a rambling French château is preferable to a stressful career as a trader in rainy old London. Naturally, there’s a woman involved. There’s always a woman, and her name is Fanny, a devilishly attractive café owner, who succumbs to Skinner’s charms. But this is not just another notch on the bedpost, oh no, and pretty soon our trader-turnedwine-maker is living the good life in rural France. Ridley Scott’s gushing romance might be more predictable than the Gregorian calendar, but you can’t help admire Skinner’s exit from the rat race. He defies the cinematic odds and remains one of the few stockbrokers to escape Hollywood with their reputations intact. But like the greedy traders, the scandal-hungry audience is left wanting. Jordan Belfort, do your worst.
NOVEMBER 2013 THE CITY 23
FEATURE
FOR THE BUTCHER’S BLOCK? The iconic Smithfield Market is facing an uncertain future, and one that might resemble a shiny new shopping mall if developers can’t be stopped WORDS: JACK WATKINS
I
N THE VICINITY of Smithfield Market, road names chorus local history. Stockmen still drove herds of cattle for slaughter along Cowcross Street as recently as the 1850s, while Cloth Fair staged the debauched and rowdy Bartholomew Fairs for centuries, and St John’s Lane once threaded its leafy way through the meadows of the medieval priory of St John of Jerusalem. This quarter may hum with 21st-century activity, but the soil beneath resonates ancient curiosity. And there, dominating the scene around Charterhouse Street, are the market halls of old Smithfield itself – original name Smoothfield – “a plain grassy place just outside the City Walls” used by horse traders and sellers of sheep, pigs and oxen; the last of the great London wholesale markets still thriving in central London. Since Billingsgate Fish Market has long since gone to the Isle of Dogs, and the flower, fruit and vegetable stalls of Covent Garden are no more (relocated to Vauxhall in 1974), Smithfield’s survival is a triumph. Yet for some time its historic fabric has been a subject of controversy. In 2006, the City of London Corporation gave planning permission to proposals to pull down several Victorian structures, including the General Market, replacing them with a sleek new seven-storey office block and retail complex. Stiff opposition saw the decision overturned after a public inquiry, but now an array of public figures and conservationists are up in arms again after the Corporation gave the thumbs-up to a new £160 million plan by John McAslan + Partners. Financed by asset management firm Henderson Global Investors, it proposes a steel-and-glass complex of offices, shops and restaurants be inserted within the market interior, retaining only some of the external walls of the General Market and Red House, while
demolishing substantial sections of the Fish Market, with elements rebuilt to match the original features. Geoff Harris, Henderson’s director of property development, has defended the proposals against “alarmist talk” that they “jeopardise” the famous meat buildings, including the Grand Avenue, at the eastern side of Smithfield – which would remain untouched. He stresses the work relates only to structures at the western end, which have had “no proper use” for at least a decade. But Marcus Binney, architectural historian and founder of Save Britain’s Heritage (SAVE), has said that if the scheme goes ahead, it will be “the worst act of mutilation to a Victorian building in 30 years.” Candida Lycett Green, the writer and daughter of Sir John Betjeman, who lived and worked in the area, calls it “a shortsighted way to make a quick buck.” And she’s not alone. A petition that SAVE presented to the Government had 4,731 signatories, which has been enough to persuade Secretary of State for Communities and Local Government Eric Pickles to launch another public inquiry. Smithfield, up to 1855, was an outdoor live cattle market, graphically described in Charles Dickens’s Oliver Twist as “nearly ankle-deep with filth and mire; a thick steam perpetually rising from the reeking bodies of the cattle.” City surveyor Sir Horace Jones – designer of Old Billingsgate Fish Market and Leadenhall Market, as well as Tower Bridge – was commissioned to build the new market, which officially opened in 1868. While repeatedly renovated over the years, the complex – with its flamboyant corner towers, exuberant statuary and the massive, soaring glassand-iron splendour of the trading halls – retains the Italianate grandeur of his vision. McAslan + Partners say their plan represents a considerable scaling down of the 2006 proposals, but argue that adding new building density is the only
Smithfield’s survival is a triumph. Yet for some time its historic fabric has been a subject of controversy
NOVEMBER 2013 THE CITY 25
IMAGE: Courtesy of English Heritage
IMAGE: Courtesy of English Heritage
ARCHITECT IMAGES: Burrell Foley Fischer LLP
FEATURE
way to make the site commercially viable, while financing repairs to the significant elements of the older buildings. McAslan has won plaudits for its past work, notably at King’s Cross, where it incorporated the older fabric of the station to create something fresh and exciting; and its ideas for Smithfield have received the nod from English Heritage, opponents of the earlier scheme. Yet does this characterful corner of London really need another sleek and shiny steel-and-glass complex that looks like it could have been airlifted from anywhere else? Marcus Binney calls the existing ensemble “the greatest parade of 19th-century covered market halls in Europe.” Covering a vast area at a kind of central London crossroads, and above two major rail routes, the organic regeneration of the area can already be seen in the number of small independent restaurants and retailers, as well as bars and clubs, which have moved in. Drawing inspiration from what was achieved in the renovation of Covent Garden and Spitalfields, SAVE has proposed an alternative, funded by an offer of £28 million from market entrepreneur, and founder of Urban Space Management, Eric Reynolds – who was behind the Spitalfields renovation – which would see the General and Fish Market halls return as public markets, retaining Smithfield’s powerful historic and architectural sense of place. The SAVE idea would mean retaining all the original structures, but in a 12-point defence of the
McAslan plans in The Architects’ Journal, Geoff Harris questioned whether their opponents had a “proper understanding of the repairs that are necessary to the buildings in order for them to function properly and safely, as these buildings require significant repair…” That cuts little ice with SAVE, which says its plan, drawn up by Burrell Foley Fischer, is fully costed. SAVE points to a report that shows that repairs to historic buildings and markets can raise footfall by up to six per cent, so it wants to revive the underground area beneath the halls to create “a London fashion hub to host shows in the capital”. Binney adds: “It has been repeatedly claimed that these buildings were heavily damaged during the War, but this is simply not true. One corner tower of the General Market was lost, and the central dome was very elegantly replaced, while all the surrounding tiles with Sir Horace Jones’ arch-trusses survived intact. The Fish Market survived intact, and more than two-thirds of this would be destroyed by the current proposals, in addition to the gutting of the General Market.” Smithfield, rundown as some of it may now be, embodies the Victorian ability to design utilitarian commercial structures which thrilled the eye and uplifted the soul. The upcoming public enquiry is certain to be a heated one, but at least it offers the opportunity to ensure we don’t repeat the same mistake inflicted on another much-loved Victorian structure, the Euston Arch, 50 years ago. Betjeman never forgot that, and his ghost will be watching proceedings with a troubled brow.
Does this quaint and characterful corner of old London really need another sleek and shiny steel and glass complex?
NOVEMBER 2013 THE CITY 27
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STYLE
FASHION | ACCESSORIES | GROOMING | LIFESTYLE
THE MAN & THE BRAND This month, the Design Museum will offer visitors a unique insight into the world of Paul Smith, through an exhibition charting the rise of this global fashion powerhouse. ‘Hello My Name is Paul Smith’ will run from 15 November 2013 through to 9 March 2014 and celebrate Smith’s exceptional career to date. Drawing on his personal archive, Smith has personally selected the collections that will go on show, and visitors can expect to be taken right back to the brand’s humble beginnings in Nottingham. The exhibition will explore Smith’s intuitive take on design and highlight the key foundations laid to ensure this company’s lasting success. ✤ designmuseum.org
TAILORED TO TRAVEL Last month, Burberry launched Travel Tailoring, an innovative line crafted for comfort using lightweight fabric that allows and encourages movement. Developed in Biella, Italy, the 100 per cent wool cloth boasts a unique in-built stretch, a result of the yarn being woven on a ‘spring-like’ structure. Beyond its practicality, Travel Tailoring offers an ultra-sleek, slim silhouette. The chest canvas and shoulders contain no wadding and fewer layers, while the traditionally used horsehair canvassing extends to the shoulder for sharp lines. Travel Tailoring is available in Burberry’s signature slim fit in traditional navy, mid-grey melange and dark grey melange, but can be made in a variety of patterns. ✤ Travel Tailoring, starting from £1,195, Burberry, uk.burberry.com
STYLE:HIM
This season’s most wearable trends for the stylish man about town
CHECKS FOR CHARITY Gentlemen’s outfitter Hackett London has revealed a new capsule collection in aid of the youth charity The Prince’s Trust. The collaboration was launched for Autumn/Winter 2013 and offers customers a selection of soft wool accessories and a luxurious wool cashmere suit. As the name would suggest, ‘The Prince of Wales Check Collection’ features the famous grey Prince of Wales check on the finest cloth sourced from some of the UK’s leading mills, including Fox Brothers, Lovat and William Halstead. The initiative will raise at least £100,000 for the charity, which helps disadvantaged youths to gain employment, education or training. ‘The Prince of Wales Check Collection’ is now available in all Hackett stores and online. ✤ hackett.com
BOSS AROUND Hugo Boss’ urban casualwear line Boss Orange has unveiled its winter collection, and there’s something just a little old school about it. This season, Boss brings back some casual classics and encourages us to take a step back in time with this vintage-inspired collection. ✤ store-uk.hugoboss.com
For Him | STYLE
AUTUMN SCENTS This season’s fragrance highlights Top Notes
Heart Notes
Dry Down
Lavender, Clove Bude and Violet Leaves
1
Cinnamon, Patchouli and Raw Leather Black Beans, Black Steel and Oud Wood
FERRARI LEATHER ESSENCE
An aromatic, oriental scent inspired by the leather interior of a Ferrari Gran Turismo
SWEDEN AT ST JAMES
✤ Ferrari Leather Essence, £79 for
Last month, Tiger of Sweden opened its doors to a new London flagship on the city’s iconic Piccadilly. Measuring 3,200 square feet, the new boutique is one unit of the Crown Estate’s £500 million development of St James’ Gateway. The architecturally clean-cut fit out features, graphical use of black, white and grey, high precision aluminium and steel furniture, along with contrasting textured walls and divisions. The store reflects four conceptual themes, relating to the core values of the brand; individualism, Scandinavian tailoring, premium fashion and urban life. ✤ tigerofsweden.com
100ml, harrods.com
Bergamot, Cardamom and Pink Pepper Geranium and Blackcurrant Blossom Cedar, Tolu Balsam, Myrrh and Labdanum
Fine gauge roll neck jumper, £150, Hackett, Hackett.com
2
PAUL SMITH PORTRAIT FOR MEN Emperor wool blend pea coat in Heather, £275, Reiss, reiss.com
A two-year collaboration between Paul Smith and French model Barnabé Fillion ✤ Portrait for Men, £59 for 80ml EDT, paulsmith.co.uk
6
Claret check cashmere scarf, £365, Burberry, uk.burberry.com
Italian Bergamot and Black Pepper
3
WINTER NTER WARMERS
Six S ix stylish staples to p prepare repare you for winter
Labdanum and Juniper Berries Lavender Absolute and Vanilla
PRADA LUNA ROSSA EXTRÊME A fresh, balanced ensemble inspired by the thrilling challenges faced by the America’s Cup sports team
Men’s cashmere-lined leather gloves, £69.95, Lands’ End, landsend.co.uk
BUURG booy, £100, Ted Baker, tedbaker.com
ED88 CS rider denim jeans, £90, Edwin Europe, edwin-europe.com
✤ Luna Rossa Extrême, £68 for 100ml EDP, harrods.com
NOVEMBER 2013 THE CITY 31
STYLE | For Him
MISSONI & MACHINE Definitive men’s denim brand Jean Machine has unveiled a new collaborative collection with Italian design legend Missoni. Jean Machine’s signature JM2 straight-leg jeans and JM4 jacket have been reworked to include accents of the iconic Missoni zigzag print. This collaboration coincides with Missoni’s 60th birthday and acts as a reference for the family’s artisanal knitwear heritage and exclusive knit technique. ✤ thejeanmachine.com
REGAL ROW Chivas Deluxe Blended Scotch Whisky, and the Savile Row Bespoke Association, have recently launched a partnership in celebration of heritage, modern craftsmanship and style. To mark this creative collaboration, the pair held an exclusive launch party at Sartoria, 20 Savile Row, the first in a series of events. Tailors, celebrities and guests were treated to style-inspired Chivas cocktails, including the Cocktail Cuff, Chivas Three Piece and the Savile Row Classic, all crafted using the finest cocktail ingredients. The highlight was a Savile Row evening wear salon show, styled and creatively directed by menswear stylist and writer Tom Stubbs.
A WHITE SHIRT FOR ANY OCCASION
✤ chivas.com
UNDERCOVER WITH NIKE Nike and Undercover Gyakusou have again teamed up with their annual holiday apparel and footwear collection. Designer Jun Takahashi has once again combined his minimalistic design style with Nike’s high tech fabrics, to produce an understated apparel line that can be worn as sportswear or casual wear. The Nike x Undercover Gyakusou Holiday 2013 Collection is available now from select Nike stores. ✤ nike.com
ALL WHITE ON THE NIGHT City sartorial stalwart T. M. Lewin may be about to change its approach to business. In an attempt to appeal more to discerning dandies than to the corporate crowd, gone may be the days of four-shirts-for-a-oner, replaced instead by collections tailored to the more forward-thinking fashionista. Ensuring you stay stylish outside the office, the company’s ‘A White Shirt for Any Occasion’ line promises to have you covered for any whiteshirt eventuality. Streamline your silhouette with a super-fitted variant or get Gatsby-esque with a 1920s-inspired tab collar. See the eight-shirt collection at Canary Wharf’s Cabot Place or in the brand’s recently opened Jermyn Street flagship store. ✤ tmlewin.co.uk
32 THE CITY NOVEMBER 2013
PRIDE & GROOM Whiskers be gone: the dawn of the well-groomed man about town is here WORDS: RICHARD BROWN & TIFFANY EASTLAND
Grooming | STYLE
Czech & Speake Leather Bound Manicure Set, £336, mrporter.com
N
OT CONTENT WITH becoming the world’s most successful men’s style site, last month online retailer mrporter.com launched ‘Grooming’; an area dedicated to showcasing the growing number of potions, creams and balms designed to keep man looking his best. While a store devoted to providing men with ‘aromatic shaving soaps’, ‘toothbrush cup sets’ and ‘unmissable scented bath oils’ may have brought into question a man’s masculinity a generation ago, mrporter.com is clearly hoping to benefit from an industry that’s booming. According to a survey conducted by closeshavesociety.com, men now spend just as much as women on personal care. The research found that 86 per cent of men now regularly use moisturiser, while euromonitor.com expects the men’s grooming market to be worth £1.1 billion by 2017. Since setting up nine years ago, Andrew Goetz, co-founder of luxury grooming brand Malin + Goetz, says he’s noticed a definite shift in the social attitude towards men’s grooming. “Fashion is more tailored; the gym is the new church, so men are definitely paying attention to how they look and what they wear.” Goetz says his New York store now has a 50/50 split of male to female customers. Despite this, Goetz acknowledges that men are relatively new to this world of highend personal care. Unlike women, who have been targeted by the luxury beauty industry for years, men are still learning the value of using better products. “If men’s grooming was like the electronics industry, they’d have no hesitation about trying everything they could get their hands on, but grooming and skincare are relatively new to men. They are only just beginning to learn what makes for a better product.” Bigger names are clearly keen to get in on the act too. Tom Ford, himself a poster boy for male grooming, this month launched his line of men’s skincare products. “Fine grooming is the mark of a modern gentleman. It is the way a man presents the best version of himself to the world,” says Ford. ‘Tom Ford for Men’ consists of six multi-functional skincare products, fusing, we’re told, ‘high-performing
D R Harris Four Piece Shaving Set, £210, mrporter.com
Malin + Goetz Peppermint Shampoo 236ml, £16, mrporter.com
Aesop London Grooming Kit, £47, mrporter.com
Baxter of California After Shave Balm, £18, mrporter.com
ingredients with lightweight textures, to calm, comfort and mattify the skin.’ Beyond your usual cleansers, moisturisers, masks and lip balms, the collection also offers two units of men’s make-up. Yes…men’s make-up – though not in the Boy George sense. The line offers a concealer to camouflage blemishes and under-eye circles, and a bronzing gel to mimic a sunkissed glow. An increasing number of products may be moving into the bathroom cabinets of men, but does a rise in DIY grooming translate into higher footfalls through the doors of salons? According to Carl McCaffrey, managing director at Toni&Guy Canary Wharf, the answer is yes. “There is an evident move away from barber shops to salons where gents can receive a more bespoke tailormade haircut as well as professional advice and a style consultation. More male grooming services, such as hot towel shaving, are also becoming popular.” Toni&Guy has seen a marked rise in men’s sales, says McCaffrey – an increase he believes is in part driven by society’s growing obsession with celebrities. “There has been a rise in sales linked to styles seen in pop culture,” he says. “Icons such as David Beckham have made men stop and notice what they could potentially do with the way they look.” Figures back McCaffrey up. The male grooming industry grew by five per cent in 2012, with Proctor & Gamble UK remaining the product market leader. After launching the ProGlide Styler razor and Clear Shave Gel, the company enjoyed a 31 per cent market share and sales of £322 million. At the high-end extremity of the market, an increase in demand was one reason why Gentlemen’s Tonic opened an ‘express’ branch within the St Pancras Renaissance Hotel this summer. “While our barber services continue to be popular, we’ve seen an increase in demand for results-based treatments,” says the brand’s founder Olivier Bonnefoy. “There’s been a steady rise in requests for anti-ageing facials and eye lash tints, as well as more intense holistic massages to treat symptoms of stress, such as aches and pains and sleep problems.” And of the type of client visiting Gentlemen’s Tonic’s premises? “It’s remained quite constant,” says Bonnefoy. “On the whole it does tend to be the City businessmen in their 30s-50s, but more recently we have seen an increase in the younger gentleman in their 20s, which is probably more indicative of the increased acceptance that male grooming now has.” With increased marketing budgets being put aside to target men, it might not be long before it’s not just women reaching for the eye liner.
NOVEMBER 2013 THE CITY 35
clean cut Gone are the days of the grooming-shy man, today a smooth shave and a sharp look are the essential trend for stylish men Fashion editor: Lucie Dodds
Photographer: Glen Burrows
Calibre de Cartier Chronograph Watch, ÂŁ7,800, Cartier, cartier.co.uk
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Lafayette Striped Cotton Pajamas, £145, Polo Ralph Lauren, 020 7353 4600, ralphlauren.co.uk; Collezione Barbiere Shaving Brush, £195, Acqua di Parma, acquadiparma.com; Wooden Shaving Bowl and Soap No.89, £35, Floris,
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Blue Shirt, £POA, Dunhill, dunhill.co.uk; Oil Free Daily Moisturiser, £75, Tom Ford Beauty, selfridges.com
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Grey blazer, £995, Blue shirt, £195, and AD Iconic spin cufflinks, £170, all Dunhill, as before; Tank MC Watch, £7,950, Cartier, as before; Purple Stripe Tie, £69, Thomas Pink, thomaspink.com; Purple Silk Spot Square, £85, Polo Ralph Lauren, as before; Stag Horn Clothes Brush, £60, Murdock London, murdocklondon.com
opposite page
Green Stripe Shirt, £79.99, Pale Pink Braces, £59.99, Green Silk Tie, £80, Grey Check Trousers (Part of Suit), £695, all Ede & Ravenscroft, edeandravenscroft.co.uk; Aftershave No.89, £75, Floris, as before; Capeland World Timer Watch, £13,500, Baume & Mercier, baume-et-mercier.co.uk; Gold Cufflinks, £110, Thomas Pink, as before
THIS PAGE
Navy Pinstripe Jacket (Part of Suit), £695, Pink Silk Pocket Square, £35, both Ede & Ravenscroft, as before; 9 Thomas Pink, as before; Purple Silk Twill Tie, £85, Polo Ralph Lauren, as before
OPPOSITE PAGE
9 Lauren Black Label, Sanderson Burnished Wingtip 9
GROOMING
Danielle Ogilvie at Tiger Creative. 3
STYLE | For Her
Haworth, £595, Bally, bally.com
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Ankle Boot, £830, Prada, store.prada.com
Leigh Monk Strap Ankle Bootie, £321.60, DKNY, dkny.com
BOOT BOO T UP
Five F ive of this season’s hottest h ottest ankle boots
VIKTORIA, £210, Reiss, reiss.com
Pointy Low Boot in Black Pony and Suede, £860, Dior, dior.com
BIRTHDAY BAG To celebrate 35 successful years in the fashion industry, German luxury label ESCADA has designed and produced a beautiful limitededition bag, now available through the London flagship store. Named after the occasion it marks, the 1978 bag features a modern trapeze shape and an eye-catching design. Finished in a beautiful rosé tone, this gorgeous tote has been rendered in a patchwork composition of two different leathers, an embossed calfskin leather for the body, with soft suede at the side. ✤ 1978, £900, ESCADA, uk.escada.com
STYLE:HER
This season’s most wearable trends for the chicest woman about town
FROM CASHMERE TO COATS
TRAVELLING WEST Travel in style this season, thanks to Globe-Trotter and Vivienne Westwood – the pair have teamed up to create a gorgeous capsule collection of luggage, which boasts a distinctly Westwood edge. The collaboration forms part of the ‘Vivienne Westwood ’ collection, which unites a handful of British brands proud to remain ‘Made in Britain’. Handmade at the Globe-Trotter factory in Hertfordshire, Vivienne Westwood has stamped the collection with her iconic VW ‘squiggle print’, classic tartan lining and foil-embossed luggage tags. ✤ viviennewestwood.com
44 THE CITY NOVEMBER 2013
Don’t sacrifice style for warmth this winter, rug up with a beautiful coat by Eric Bompard. This season’s luxurious capsule collection reinvents some of fashion’s most iconic outerwear styles. From heavy-duty trapper jackets to elegant trenches, and vintage-inspired capes, you’re guaranteed to find yourself a timeless winter staple that will remain a wardrobe favourite for many winters to come. Pair it with one of Bompard’s classic cashmere knits and you’re well on your way to effortlessly chic winter style. ✤ eric-bompard.com
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15/10/2013 17:52
STYLE ETERNAL As The Great Gatsby wowed audiences this summer with a stylish take on an American classic, and The Shaftesbury Theatre opened this autumn to rave reviews of Tim Rice’s From Here to Eternity, a musical adaptation of the Hollywood film; we take a look at a whole generation of stars who continue to influence our contemporary style today WORDS: AMY-LOUISE ROBERTS
Leonardo DiCaprio in The Great Gatsby, (2013)
Feature | STYLE
Y
VES SAINT LAURENT once proclaimed that “fashions change, but style is eternal”. Of no period in history could this said to be truer than of Hollywood’s Golden Age which spans from the earliest days of the 1930s through to the heady 1960s – a time when filmstars strode the studios like a colossus, while sartorial elegance and glamour were the order of the day. Goddesses like Grace Kelly, Audrey Hepburn and Greta Garbo demonstrated with poise and elegance the beauty ideal for which mere mortal women were encouraged to strive, while leading men like Cary Grant, Humphrey Bogart and James Stewart epitomised the sophisticated masculine energy that audiences today have come to expect from classic Hollywood productions. And so, as another Hollywood classic is transformed this season, one cannot help but wonder: Has the glamour of bygone eras become entirely extinct? Or does it continue to inform the choices of our fashion leaders? From Here to Eternity stands as a topical paragon in this branch of Hollywood melodrama, winning eight Academy Awards out of the 13 the film was nominated for, including Best Director for Fred Zinnemann and Best Picture. What this picture illustrates most clearly, however, is that the overarching theme of this period in Hollywood was erudite style. It was an age in which the studio system ran the industry with an iron rod, and all contracted artists were required to conform to strict protocols, appearances included. In turn, this meant that an almost cookie-cutter-like approach became the norm for film stars. A clear uniform began to emerge, one that put paramount importance on looking smart, and one which continues to be a keystone of our contemporary fashion. This period of unprecedented Hollywood success, continuing through to the 1960s, was dominated by costume designers like Walter Plunkett, famed for his involvement in films such as Jezebel and Singing in the Rain, and Orry-Kelly, head designer at Warner Brothers until 1944. These auteurs designed with unprecedented craftsmanship the razor-sharp suits, immaculately cut and tailored, which have come to epitomise traditional Hollywood glamour. Designers typified a look that favoured broad shoulders, wide-legged trousers and rich fabrics. Montgomery Clift and Clark Gable – veritable icons of the silver screen – modelled this sharp look adeptly, cutting fine figures in films such as Gone with the Wind, and Suddenly, Last Summer.
NOVEMBER 2013 THE CITY 47
The Great Gatsby, (2013)
The more casual looks inspired by silver-screen stars, saw shirts and ties for almost any occasion, tucked-in polo shirts paired with pristinely pressed trousers and spotlessly polished shoes, a look best displayed by the likes of Sidney Poitier in Guess Who’s Coming To Dinner and In The Heat Of The Night. In more recent times there has been a movement away from traditional film-star suave. The chiselled cheek bones and slicked-back hair which allowed celebrities to sell glamour as their ‘stock in trade’, as Marlene Dietrich so astutely acknowledged, no longer seemed to be a pre-requisite for success. As the 1970s dawned, an evolution in style began, facilitated by social change. Post-Vietnam counter-culture saw the same anarchic sentiment that gripped the USA applied to film-star fashion. Actors such Jack Nicholson and Peter Fonda in Easy Rider screeched into view astride Harley-Davidsons wearing ripped denims and distressed leathers, taking to extreme the same insubordinate, anti-institutional attitudes as James Dean in his Rebel Without a Cause denim jacket and plain white t-shirt before them. Similarly, in the ensuing decades came a period in which fashions continued to evolve. The 1980s saw an economic revolution, with more working in finance than ever before, and stars like Michael Douglas and Tom Cruise making films that revolved around the workplace environment, such as Wall Street and Jerry Maguire. In reaction to their social context, these films positioned money and well-designed workplace attire back in the cinema-going consciousness and heralded a new love affair with the traditional three-piece – none more so than the now infamous Gordon Gekko of Wall Street.
48 THE CITY NOVEMBER 2013
Now an analogy of capitalist greed immortalised in film, Gekko also bought with him a new and hitherto unseen approach to style, one that made looking smart mandatory again, but this time equating it with professional and financial success. Owing to Douglas’s creation, men dusted off their pin stripes and widelegged trousers and pared them with shirts and narrow ties, as the public both adapted to and adopted the new look – a yuppie interpretation of Hollywood style from previous decades, personalised with added brogues, tie pins and braces. Though the years may have passed, the legacy of this romanticised period of film certainly lives on. This summer saw Baz Luhrmann’s adaptation of F. Scott Fitzgerald’s The Great Gatsby pay homage to the habitually dapper male stars of years past. Hollywood veteran Leonardo DiCaprio seamlessly blended into this bygone era as Jay Gatsby, encapsulating a grace and style that one would normally associate with the Golden Age of Hollywood. Swaggering across the screen in a range of expertly-tailored suits from Brooks Brothers – which had trawled its archives to create 500 day and evening looks for the cast – DiCaprio’s dapper attire reignited a trend for the classic-cut suit that has been seen in seasonal trends this year from the likes of Ralph Lauren, Salvatore Ferragamo, Gucci and Paul Smith. It would seem, then, that Yves Saint Laurent hit the proverbial nail on the head, and that while fashions have shifted and altered with the passing years, what has remained is a direct homage to the definitive collection of luminaries who originated it. Demonstrating so seamlessly that the well-dressed man will always have a place in the heart of the film-going public.
Easy R
Gone with the Wind, (1939)
STYLE | Feature
Opinion Feature | STYLE WORK
Casablanca, (1942)
Rebel Without a Cause, (1955)
From Here to Eternity, (1953)
Easy Rider, (1969)
The cast from the London stage adaptation of From Here to Eternity
49 THE CITY NOVEMBER 2013
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JUBILEE PLACE | LONDON | BANANAREPUBLIC.CO.UK
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COLLECTION TIMEPIECES | FINE JEWELLERY | LUXURY GOODS
THE CROWN JEWELS In 1970, Laurence Graff OBE commissioned a black-and-white photograph of a fresh-faced model wearing $1million worth of jewels in her hair for a campaign. While today it is customary for young women to front fine jewellery campaigns, if you rewind to this period of social and political revolution, this wasn’t the case. “The image broke the mould by using a younger model and created the idea of diamonds being aspirational to younger women,” explains Graff. Celebrating 60 years since the start of Graff’s career, the Hair & Jewel image has been revisited but this time the value of the jewels is half a billion dollars and among the 22 pieces are a number of record-breaking diamonds. ✤ graffdiamonds.com
www.bachet.fr
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OUT OF THIS WORLD
ON THE BALL Appointed Chief Inspector of Watches on the American railroads in 1891, Webster Clay Ball was a man instrumental in standardising time across North America. Today, his eponymous company is the American brand with the Swiss-beating heart, relaunched in 2002 to offer what we regard as some of the best-made, value for money timepieces on the market. For prices that range from around £1,200 to £3,600 (its BMW range excluded), Ball offers mechanical movements, in-house complications and more patented technology than you’ll find inside watches three times the price. Our favourite watches include the Fireman Night Train DLC (£1,360), the Hydrocarbon Deepquest (£2,980) and the Hydrocarbon Ceramic XV (£2,730). ✤ ballwatch.com
WATCHES
For treasured timepieces, horological heirlooms and modern masterpieces, watch this space...
Many an abstract watch-celebrity partnership have we seen in recent times but perhaps none come as bizarre as that which will see Luminox send Sir Bob Geldof into space. We’re not sure how the Boomtown Rats-star first became acquainted with the American brand, but he has somehow secured a place on an upcoming SXC space flight. A company that aims to bring space tourism to the masses (well to anyone who can afford a £62,000 ticket), SXC will be offering one hour flights on-board its two man, Luminox-sponsored spaceship from the end of next year. “Being the first Irishman in space is not only a fantastic honour but pretty mind blowing,” says Bob. Indeed. ✤ luminox.com / spacexc.com
ONLY WATCH: THE RESULTS Those who read with interest our story on Only Watch last month, may be keen to learn of the charity auction’s results this month. It came as no surprise that Patek Philippe’s unique titanium 5004 sold for the highest value (a staggering £2.5 million). Perhaps more surprising was that watches from Chanel, Chopard and Van Cleef & Arpels failed to realise their estimates. The auction raised £4.2 million for muscular dystrophy in total. ✤ onlywatch.com
ONE TO WATCH Each month we select our timepiece of the moment from the watch world’s most exciting creations
Possessing an impressive eight-day power reserve and characteristic no-nonsense looks, the new PAM510 presents Panerai’s latest in-house movement in a 44mm Luminor case. Perfect for the no-nonsense type of guy – or girl ✤ PAM 510, £5,400, Panerai
LESS IS MORE Not all world-timers come with maps and capital cities splashed across their faces. For a lesson in gracious world-timer watchmaking, see Jaquet Droz’s Grande Heure GMT, a self-winding, 43mm red gold timepiece that can tell the time in two cities via two elegant hands and 24 clean Arabic numerals. Simple, stunning, sophisticated, it’s surely one of the most handsome worldtimers on the market. ✤ Available in Arije, Harrods and Selfridges jaquet-droz.com
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Take inspiration from autumn’s fallen leaves, smartened up by silver
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11 ✤ 1 Royal Oak Selfwinding watch, £11,810, Audemars Piguet, audemarspiguet.com ✤ 2 Silver motorbike cufflinks, £245, Deakin & Francis, deakinandfrancis.co.uk ✤ 3 Metal anchor tie clip, £65, J. Crew, jcrew.com ✤ 4 Distressed leather biker jacket, £2,195, Balmain, matchesfashion.com ✤ 5 Amesbury skinny tie, £69, Thomas
Pink, 16 Blomfield Street ✤ 6 Leather dress belt, £75, Brooks Brothers, brooksbrothers.com ✤ 7 Leather monk-strap shoes, £495, Gucci, gucci.com ✤ 8 Sterling silver collar stiffeners, £85, Alfred Dunhill, dunhill.co.uk ✤ 9 Mayfair umbrella and hat cufflinks, £75, Hackett, 117 Bishopsgate ✤ 10 Lambskin cashmere lined gloves, £99, Brooks Brothers, as before ✤ 11 Slim knitted silk tie, £90, Spencer Hart, mrporter.com ✤ 12 Pebbled leather folio bag, £450, Paul Smith, selfridges.com ✤ 13 New Alber velvet and silk bow tie, £80, Lanvin, lanvin.com
56 THE CITY NOVEMBER 2013
Swiss movement, English heart
C9 JUMPING HOUR MK II – 18CT ROSE GOLD LIMITED EDITION
Bespoke ETA 2824-2 Jumping Hour automatic modification by Master Watchmaker Johannes Jahnke / Each piece, of only 250, personally assembled by Johannes and his team at CW’s Swiss atelier / 43mm, surgical grade stainless steel and 18ct rose gold case with sapphire crystal and exhibition case back / Ethically sourced Louisiana alligator strap with Bader deployment
Showroom at NO.1 PARK STREET, Maidenhead. To arrange a personal appointment, call +44 (0)1628 763040
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‘Why spend £230,000 on a
ROGER DUBUIS?’ ...Pondered CEO Mr Jean-Marc Pontroué when we met him last month. Richard Brown spent a day at company HQ to find out
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he first watch you own won’t be a Roger Dubuis. Nor will the second, third or probably fourth. In fact, among the list of luxuries you afford yourself in life, a Roger Dubuis will probably only appear after you’ve treated yourself to a yacht, a penthouse and a supercar, or two. It’s not just the price – a mid-range timepiece from the high-complication specialist will set you back between £20,000 and £60,000; while its most costly creation will part you with £795,000 – it’s also a question of aesthetics, where the word ‘Marmite’ comes to mind. There’s the size – Roger Dubuis’ flagship timepiece, the Excalibur Quatuor, measures a portly 48mm in diameter and is more than a centimetre thick – then there’s the styling; between its affection for extravagance and its love of avant-garde design, this is a company for which more is definitely more. The brand, then, relies heavily on the acquired taste of a select few. And that’s exactly the point. “Roger Dubuis is about differentiation,” explains the company’s captivating CEO Mr Pontroué. “We are the brand with character, with personality, with drama. We don’t do things that have been done by others. We don’t follow trends.” Nor does the brand see its competition as remaining solely within its own industry. “It is not necessarily about the likes of other fine watchmakers. The new Ferrari costs £230,000. That is our competition.” The first thing you notice when you arrive at Roger Dubuis’s Geneva-based headquarters is its size: an assertive, five-storey rectangle, it runs almost 100 metres in length. The second is that no one who works inside its metal and glass confines appears to be over the age of 40. From the well-turned-out receptionists to the watchmakers themselves, the 49-year-old Mr Pontroué may have been the oldest person I met all day. In an industry that associates itself so assertively with the past, Roger Dubuis exudes a youthful confidence. It feels now; it feels new. Then again, by industry standards, it is. Formed in 1995, the company was a product of a gettogether between Mr Roger Dubuis himself and a one
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Mr Carlos Dias. With the former having spent 14 years developing complications for Patek Philippe, and the latter having found fame designing watches for Franck Muller, it was perhaps no surprise the duo would soon be making waves in the waters of high-end horology. The firm’s first calibres – fully designed and developed in-house – were unveiled in its founding year. Construction of the firm’s flagship manufacture followed in 2001. Four years later, the brand launched its now-leading line, Excalibur. Then, in 2008, just 15 years after its formation, Roger Dubuis was acquired by the Richemont Group. Today, the patch of earth opposite the company’s headquarters is a football-pitch-sized building site. By 2015 it will become a 30,000 sqm watchmaking campus shared between Roger Dubuis and Richemont stable-mates Van Cleef & Arpels and Vacheron Constantin. Business, then, is good? “The Swiss economy, in general, is good. We are benefitting from what’s going on in the UK and Spain and France. The worse it’s getting there, the more Switzerland is gaining importance and a reputation as a stable and reliable country.” International business is a subject Pontroué is well placed to discuss; after studying Business Administration at Nantes Business School, it was in France that he cut his teeth in the world of luxury
Excalibur Skeleton Double Flying Tourbillon in Pink Gold
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goods, spending time in sales management at various leather businesses before arriving at Givenchy as sales director in 1995. Leaving the LVMH group for the world’s other luxury behemoth, Richemont, Pontroué became an executive vice president at Montblanc in 2000. 11 years later, Roger Dubuis came knocking and the Frenchman swapped Germany for Switzerland, a country he believes the rest of Europe could do worse than take note of. “None of the politicians in France or Europe are looking at Switzerland as a benchmark,” he says, perplexed. “Switzerland to many means tax evasion, nice chocolate and mountains. No one is questioning why this country is supporting salaries that are twice as high as in France and the UK. No one is asking why there is no unemployment, no inflation and a currency that is extremely high. We are probably the only country in the world whose currency is worth 20 per cent more now than it was two years ago. “We are the only country in Europe that has a surplus of trade with China. And yet none of the politicians in Europe looks to Switzerland as an example. No one says, ‘Perhaps there is something that these people are doing that we should consider for ourselves’.”
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Why spend €230,000 on a The tangent of European economics explored, our attention returns to watches, and to the unique market position Roger Dubuis enjoys. As the only manufacturer to produce timepieces that are fully Poinçon de Genève certified – a stamp of excellence awarded to recognise exceptional quality; a seal so laborious to achieve that not even Patek Philippe invests the time to fully attain – Roger Dubuis can lay claim to producing some of the most intricately decorated and tortuously finished timepieces in the world. “Poinçon de Genève was part of our brand philosophy from day one,” says Pontroué. “At the beginning, it was a way of counterbalancing the style of Mr Dubuis’ watches. It said, ‘this watch is extravagant in design, but serious in terms of engine.’ Like a Ferrari: extravagant on the outside, a serious machine on the inside.” For many brands, investing in a manufacturing technique that respects the Poinçon de Genève, and that consequently increases production times by 40 per cent, would have been enough. Not for Roger Dubuis. For this brand, as even the faintest of glimpses at its creations will testify, attention to function has always been met with fantastical form. And so we get watches where 6mm-high 18-carat
gold Knights of the Round Table act as hour markers, or where skeleton double flying tourbillons come dripping with 408 baguette-cut diamonds. Buy a Roger Dubuis and you’re not so much purchasing a watch as making a declaration. “It becomes about the look, the statement, as well as the engine, that’s why people buy our watches,” says Pontroué. The company has 20 boutiques; one in Dubai, Singapore, Malaysia, Thailand, Korea, Moscow and Geneva. Two in Abu Dhabi, three in Hong Kong and Macau, and five in China. Macau is the number one selling city for the brand, with three additional boutiques planned for the future. As strong as eastern appetite is for Roger Dubuis, Mr Pontroué insists his company does not make watches, or tailor advertising campaigns, to individual markets. Despite the baroque nature of its creations, and the mythical make-up of its communication campaigns (think the Final Fantasy video games and you can see how the brand would appeal more to Eastern-based consumers), the company’s CEO says it’s simply about avoiding that what has been done before, and that goes for retail strategies, marketing activity and, in particular, products.
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“All successful brands have one recognisable shape. We need to create a face for Roger Dubuis, which is Excalibur. It’s all about belonging to a club of premium brands which have iconic, recognisable products.” During the hour we’ve spoken, Mr Pontroué has drawn comparisons between Roger Dubuis and no fewer than four car manufacturers. A clue to a future collaboration perhaps? “No. We believe our brand has enough to say for itself. Each day you have hundreds of thousands of messages aimed at you. It’s already difficult for people to understand what a Poinçon-de-Genève-Roger-Dubuis-complicatedDouble-Tourbillon is. If you then associate a watch with Ferrari, which is associated with red, which is associated with racing, and so on and so on… It’s too much. The world is already complicated enough.” Indeed, and the watch world is about to get even more so. Until now, many of the brands operating within the high-end mechanical watch market – including some of its biggest names – have relied on the Swatch Group to provide the movements [internal mechanics] for their own watches. The result is that Swatch now possesses a monopoly it says it doesn’t want, one that it hopes to dissolve by restricting supply and forcing brands to invest in their own movementmaking capabilities. While other parts of the industry wait for the effects to unfold, Roger Dubuis sits pretty, safeguarded by the fact that it has opted to produce all of its 31 exclusive movements itself. So, as others struggle to verticalise their production processes, building enormous facilities in which to do so, Roger Dubuis continues doing what it’s been
doing from day one: designing, decorating and finishing all of its own creations in-house and by hand. “From component production through to obtaining the Poinçon de Genève, it takes about seven months for a Roger Dubuis watch to be created, one step after another, one requirement after another. Such is the price of perfection.” Why spend so much on a Roger Dubuis? I think Mr Pontroué has answered his own question. Excalibur Round Table, Pink Gold
✤ rogerdubuis.com
6mm-high Knights of the Round Table act as hour markers on the Excalibur Round Table
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SET FOR YOU There’s no gift more personal than an engagement ring and, as such, choosing the right one can be a daunting affair. Get it right and you’ve successfully proven your worth as your partner’s future spouse. Get it wrong and you may find yourself alone and more than a few quid short. So this is where Cartier’s bespoke engagement ring service, Set For You, comes in. Customers can choose from 15 exceptional mountings in platinum or yellow gold, such as the Solitaire 1895, Ballerine, Cartier d’Amour and Destinée settings, and the stone of their choice with preferred carat, colour and clarity. Contact a bridal specialist at the Sloane Square boutique for more details.
GET SAVVY As Bond Street is to fashion, so Hatton Garden is to jewellery. Among the 500 businesses and 50 retailers is luxury diamond jeweller Savvy & Sand, which opened its boutique this year on the corner of Greville Street. Currently housing five collections which embody heritage and modern glamour, if you’re in the market for an engagement ring or statement necklace, Hatton Garden is worth a visit. ✤ savvyandsand.com
✤Cartier, 143-144 Sloane Street; cartier.com
JEWELLERY Jewels, gems, pearls and diamonds; the essential components of any lady’s jewellery collection
CUTTING EDGE Last year saw contemporary jewellery designer Stephen Webster and revered fashion photographer Rankin collaborate for Webster’s A/W12 collection and, as predicted, it was a match made in heaven. Now the two have put their heads together once again for Stephen Webster’s latest campaign. Rankin comments:
“It felt right to turn last year’s creative - black and shadowlike - on its head, so we painted the models white and set them against a white backdrop, which sees Webster’s striking jewellery appear on almost ghostlike figures”
DAVID MARSHALL ARRIVES IN MAYFAIR British master craftsman David Marshall, who has been creating jewellery for some of Bond Street’s leading jewellers for 25 years, has opened his first standalone store in Mayfair. As well as showcasing fine jewellery collections and a selection of unique objets d’art, the two-storey space lends itself to a bespoke design service and a more intimate setting for one-on-one private client viewings. The built-in champagne bar adds the perfect finishing touch to the bespoke experience. ✤ davidmarshalllondon.com
This campaign features jewels from four of Webster’s A/W13 collections, including Thorn, Deco Haze and Fly by Night stephenwebster.com
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PRAYER Chanel, Gucci and Jean-Paul Gaultier looked to 90s grunge for A/W13 inspiration with chain link necklaces and silver crosses
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✤ 1 Necklace with crystal pendants, £1,530, Gucci, gucci.com ✤ 2 Grey metal cross brooch, POA, Chanel, chanel.com ✤ 3 Cross necklace, POA, Jean-Paul Gaultier,
jeanpaulgaultier.com ✤ 4 Ruthenium-plated Swarovski crystal brooch, £175, Erdem, net-a-porter.com ✤ 5 Enamelled knuckle ring, £179, Dominic Jones, farfetch.com ✤ 6 Mixed metal bracelet, £245, Vivienne Westwood, farfetch.com ✤ 7 Thorn long finger ring, £14,350, Stephen Webster, stephenwebster.com ✤ 8 Hoop earrings, POA,
Jean-Paul Gaultier, as before ✤ 9 Plexiglass cuff with crystal studs, £1,630, Gucci, as before ✤ 10 Enamelled skull bangle, £180, Alexander McQueen, net-a-porter.com ✤ 11 Multi-row necklace with metal chains, POA, Chanel, as before ✤ 12 Chain link necklace, £3,549, Brevard, farfetch.com ✤ 13 Silver cuff, POA,
Jean-Paul Gaultier, as before ✤ 14 Bonafide long finger ring, £310, Stephen Webster, as before
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THE SMELL OF SUCCESS In just under 20 years, Jo Malone London, the company known globally for creating amazing scents by matching unusual ingredients, has gone from relative obscurity to massive success. While it took until 1994 for the first store to appear, Jo Malone had been making perfumes for many years before that – in fact, she first did so as a child, mixing flowers from the garden with grated soap. Today, the name is synonymous with quality and imagination. As for the packaging – who doesn’t recognise that cream box tied with black ribbon? Despite her passion for fragrance, Malone’s original business offered facials. As a thank you, she would send clients handmade bath oils and, as soon as people got wind of the
Salon society → Now in its fifth year, SalonQP, the UK’s premier watch exhibition, will take place at the Saatchi Gallery in Chelsea, from 7 to 9 November. The event brings together some of the watch industry’s most illustrious names, from Grande Maison companies to independent watchmakers. Last year’s SalonQP showcased more than 50 brands and welcomed 6,000 visitors and, this year, the programme of demonstrations, discussions and launches will surely attract just as many curious enthusiasts, if not more. The event begins
amazing scents, things really took off. Customers (or ‘Jo Maloniacs’, as they came to be known), flocked to get their hands on whatever new fragrance she had created and the company has been at the forefront of sweet-smelling cosmetics ever since. The Jo Malone London store at The Royal Exchange sits among an illustrious group on Threadneedle Street and stocks the full range of perfumes, soaps, oils and candles. This Christmas, it will be holding two seasonal shopping events – the first on 21 November and the second on 5 December – at which guests will be able to browse the fantastic array of products, while enjoying a glass of fizz and a few homemade mince pies in one
of London’s most festive settings. Jo Malone London products make great Christmas gifts, so you’re sure to find something to suit whomever you’re buying for. For him, why not the company’s signature fragrance, Lime, Basil & Mandarin? A modern classic, it’s soft, spicy and aromatic, but with a masculine edge. For the interiors lover, you can’t do better than a Jo Malone London candle, while for anyone who loves to pamper themselves, a gift set of bath oil, body crème and cologne will do nicely. For more information or to book tickets for the Jo Malone London Christmas events at The Royal Exchange, call the store on 0870 192 5131, or visit jomalone.com
with an invitation-only reception, the centre point of which will be a charity auction of unique timepieces, including a Nomos Glashutte Tangente and a Bremont S500. In addition to featuring a number of brands stocked by Watches of Switzerland, including TAG Heuer and Jaeger-LeCoultre, The Royal Exchange’s own fine selection of timepiece offerings will be represented at SalonQP by Watchfinder & Co., which is not only acting as official ticketing partner to the event, but giving visitors the chance to take advantage of exclusive offers on its website, accessible via theroyalexchange.co.uk
To join the guestlist for The Royal Exchange Christmas event on Tuesday 26th November, email eleanorl@idpr.co.uk WWW.THEROYALEXCHANGE.CO.UK
SIX OF THE BEST
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Described as a work of ‘olfactory choreography’, Penhaligon’s new eau de parfum, Iris Prima, was created in partnership with the English National Ballet. The scent features ingredients that mimic movements from the discipline: light and airy bergamot, sparkling pink pepper and soft green amber, all of which support Iris, the star and heart of the scent. Iris Primaeau de parfum, £85 for 50ml
Designed for absolute comfort, whether at home, up on deck or behind the wheel, the Harrys of London Henley 2 loafer is a hybrid of a boat shoe and Harrys’ signature driving moccasin. Made from black Italian calf leather, the Henley 2 has a raised leather trim that joins together the lower and upper pieces of the shoe to create a neat and seamless finish. Henley 2 moccasins, £295
Created in 1947, the original Gucci Bamboo bag introduced a distinctive curved handle made from bamboo, with the body of the bag made from pigskin – an inventive response to the wartime rationing of materials. Now, one of the fashion house’s most enduring designs has undergone an update for the new season, with a dazzling range of finishes and fabrics. Lady Lock Bamboo bag, £1,610
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Bulgari’s Diva collection takes its name from the glamorous Fifties and Sixties movie stars who wore its jewellery. The rings, necklaces, bracelets and earrings in the new collection play with a geometric pattern inspired by Elizabeth Taylor’s eye make-up in the film Cleopatra. This stunning necklace is made from pink gold, set with pavé diamonds. Diva necklace, £36,800
Loro Piana knitwear is made using the highest-quality fabrics, including vicuña, the world’s finest animal fibre. Now the brand has published a book dedicated to this South American relative to the llama, which Loro Piana helped save from extinction. Beautifully photographed, it looks at the animal’s natural habitat and the intricacies of its existence. Vicuña: The Queen of the Andes, £110
The seven scents in Jo Malone London’s Cologne Intense collection are created using precious, rich and sensual ingredients inspired by the tradition of Middle Eastern fragrances. Featuring precious oud – a smoky wood also known as agarwood – as well as orange, bergamot, lemon and cedar, this candle will fill a room with a hypnotic and soothing scent. Oud & bergamot candle, £48
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BUSINESS | FINANCE | NEWS | OPINION | INTERVIEWS
A FASHIONABLE MOVE French luxury goods conglomerate LVMH recently announced a major share acquisition in London footwear label, Nicholas Kirkwood. This procurement, which gives LVMH the majority holding in Kirkwood’s company, follows an extremely successful first-half for the group, with €13.7 billion in revenue, a two per cent increase on last year’s first half-figures. It’s believed the company’s growing fashion division played a major role in the group’s success, and in fact contributed 35 per cent of this impressive increase. The major consequence of this collaboration will, however, be the expansion of Kirkwood’s label internationally. ✤ lvmh.com
OUT OF THE ASHES
On 11 September 2001 Cantor Fitzgerald lost 658 employees during the New York terror attacks. Emerging from that organisation, BGC Partners became its own entity in 2004. Today it has risen to become one of the world’s largest inter-dealer brokers. RICHARD BROWN meets the company’s chief operating officer Sean Windeatt, one of the men instrumental in getting it there
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INCE 2001, SEAN WINDEATT has been a key member in the management team of BGC Partners’ European and Asian operations, helping to rapidly grow the business organically and through acquisitions. As the European CEO and the Group COO, he now oversees the company’s global front office operations. Windeatt was on the phone to the New York office when the first plane crashed.
HOW LONG DID IT TAKE FOR A SENSE OF NORMALITY TO RETURN AFTER THE ATTACKS? There were some big decisions that had to be made. It took us the whole of the following year to work out what we had left, what we had to close down. We only had a certain number of resources, a certain number of people. On the pure IDB [inter-dealer broking] side, we had lost New York. We had to work hard on stabilising the business where it was profitable, so London was key, as was our electronic business. It was probably the beginning of 2003 that we really started to expand again. I remember opening our Swiss office. For me that sticks in my mind. We had shored up what we had, strengthened our position and started to grow again.
HOW DID THE ETHOS OF THE COMPANY CHANGE IN THE WAKE OF 9/11?
BGC PARTNERS HAS GROWN TO BECOME ONE OF THE WORLD’S BIGGEST
From 2004 to 2008, there was continued growth. During 2009, the markets were challenging but we continued to grow because we were gaining market share in different locations. That said, we were not immune and we had to take some tough decisions — we had to make some redundancies. We were underweighted as a business in the US at that point though, and we made some wellpublicised acquisitions that year. How do you recessionproof a business? By moving into other asset classes. And that’s exactly what we did when we acquired the first of our real estate companies.
AN INCREASING NUMBER OF SMALLER, NICHE BROKERAGES ARE SETTING UP. HOW MUCH OF A THREAT DO THEY POSE? I don’t see it like that. Because of regulation, and the amount of capital you must have in place as a business, the cost of operating is going up. That’s why I think you’ll see more consolidation among the smaller brokers. The way BGC stays ahead, for example, is by investing $100 million a year in our technology infrastructure. Outside of the five publicly traded IDBs, it’s hard for smaller brokerages to do that.
HOW DO YOU STAY COMPETITIVE AGAINST THE INDUSTRY’S OTHER HEAVYWEIGHTS? It’s a very competitive game and you have to be constantly ahead of it. It’s a ‘now’ business. You’ve not got time for a long term strategy. You have to continue to adapt to changes within the market and to regulation.
HOW DO YOU ENSURE LOYALTY AMONG YOUR CLIENTS? Through liquidity, anonymity and the best service. We evolve with the market; we adapt to changes in what it wants. You also have to ensure you keep up with technology. We had electronic trade technology ready for a long time before we went live.
PHOTOGRAPHY: Copyright © littleny
We’re a business, and a competitive business, there’s no point in us saying we’re not, but it definitely made me think about who we were. We could have done two things; we could have said, this is going to be too difficult for us, or we could have fought. I’ve been with the company since 1997 and when I look at us now it makes me pretty proud to see what we’ve all managed to rebuild. Everybody at the company rallied together. They did everything they could to ensure the company’s survival.
IDBs DURING A RECESSION. HOW?
Interview | work
The World Trade Centre Memorial site, 2012
november 2013 THE CITY 69
BGC Partners’ London trading floor, Charity Day 2013
Interview | WORK
WHAT’S THE BIGGEST CLIENTENTERTAINING RECEIPT YOU’VE EVER BEEN HANDED? Ha! We’ve do a mixture of events, from small screenings to taking clients to our box at the O2. Client entertaining is of course important, but on the issue of expense, I couldn’t possibly divulge. My view is that despite the stories, 99.9 per cent is perfectly routine.
HOW MUCH OF YOUR BUSINESS IS NOW ELECTRONIC AND HOW MUCH IS VOICE? Around seven per cent of our revenues are electronic. I see the ratio of electronic to voice increasing year on year. Indeed, over the last year while overall revenues marginally declined electronic revenues grew around 12 per cent.
HOW DO YOU SEE THAT RATIO CHANGING IN THE FUTURE? WILL WE EVER SEE BROKERAGE HOUSES GO FULLY ELECTRONIC?
No, I think there were huge number of factors leading to that. To single out one thing is incorrect.
DO YOU EXPECT PEOPLE TO WORK LONGER HOURS NOW THAN FIVE YEARS AGO? My view is that people who work in this environment work long hours. Have I seen a change? Not really. I just believe that it has to be a balance. It’s about being efficient and working as much as you need to.
HOW MANY HOURS DO YOU WORK IN AN AVERAGE WEEK? I’m here for a minimum of 12 hours a day, depending on what’s happening that day.
Due to the broad range of asset classes, I don’t see brokerage houses going fully electronic.
WHAT DO THE NEXT TWO YEARS HOLD IN STORE FOR BGC PARTNERS?
YOU MENTION THAT YOUR LONDON OPERATIONS ARE PIVOTAL TO YOUR INTERNATIONAL SUCCESS. HOW DOES THE CITY MAINTAIN ITS COMPETITIVE ADVANTAGE?
There are still a number of markets that we are in, but in which we are not the biggest player. In the commodity energy space, for example. There’s growth there, and in many European centres too. We have small offices in Switzerland which we expect to grow. Our property business in the US could go more global too.
I think history has a part to play but London has to keep on its toes. It must keep abreast of all the changes that are happening in different locations. There are places like Singapore where business has increased three and four-fold over the past five years. I think London has to be alert to the likes of the Shanghais and the Singapores which are searching for business and react by ensuring rules and regulations are secure, fair and competitive.
SHOULD BRITAIN CUT ITS TIES WITH EUROPE? PHOTOGRAPHY: courtesy of REDPHOTOGRAPHIC
SAID THAT IF IT HAD BEEN THE LEHMAN SISTERS, RATHER THAN BROTHERS, THE CURRENT CRISIS MIGHT LOOK QUITE DIFFERENT. DO YOU AGREE?
For me, standing alone can only be negative. It’s not being part of Europe that’s the issue, its making sure you have the correct business relationships, that’s the issue. You don’t want to force somebody to do their business in another jurisdiction. Financial services are very important to the UK and very important to London. You’ve got to be able to work with all the regulators.
THE INTERNATIONAL MONETARY FUND’S CHRISTINE LAGARDE ONCE
WHAT DO YOU MOST ENJOY ABOUT YOUR ROLE AS COO? The daily challenge. Having started here back in 1997, and having worked my way through the ranks, I’ve seen every aspect of the business, so making the company better day-by-day is my aim. I still get a joy out of following our growth. It can’t always be in terms of pure revenue, but in terms of market share.
Each year, BGC Partners holds a charity day in each of its international offices to commemorate the employees lost in the attacks, donating 100 per cent of its global revenues raised on the day to the families of victims and other charitable causes around the world.
✤ bgcpartners.com
NOVEMBER 2013 THE CITY 71
RUN WILDbracelet london_UK 13/04/12 09.37 Pagina 2
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Interview | WORK
AT THE HELM In 1990, the retail offering in Canary Wharf was turning over just half a million pounds. Today, that figure is £316 million. Camille Waxer, chief administrative officer of the Canary Wharf Group, and the woman responsible for this remarkable progress, talks about two decades of development and being at the helm of one of the most dynamic regenerations in the capital WORDS: EMMA JOHNSON
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AMILLE WAXER JOINED Canary Wharf Group 23 years ago as retail tenant co-ordinator with responsibility for the retail construction of the shops, as well as liaising with the leasing, construction and development teams. Under her direction, Canary Wharf’s retail offering has grown from a handful of shops, to more than 240 shops, bars and restaurants occupying over 690,000 square foot. In November this year, a 44,000-square-foot mall will open in Jubilee Place, while 115,000 square foot of retail is under construction at the Canary Wharf Crossrail station, due to open in 2015, prior to the opening of the Crossrail route in 2018. Camille was promoted to retail general manager in 1994, to vice president for retail in 1997 and to chief administrative officer in 2011, making her responsible not only for all retail operations, but also for the Group’s facilities management arm, which administers all external areas on the 97-acre Canary Wharf estate – meaning she has around seven million square foot of office space and more than 690,000 square foot of retail space under her management. Her teams now manage all aspects of Canary Wharf Group’s retail leasing, asset management and rent reviews, and she advises on design and construction of retail areas. Camille also oversees marketing, promotion and ongoing management of the retail portfolio throughout the Canary Wharf estate, along with Canary Wharf’s extensive programme of arts and events.
Q You moved to Britain from Canada. Was there a big adjustment when you arrived in London? CW: At first it was a little challenging because there weren’t a lot of women in construction at the time in the UK, which was quite different from what I had experienced in Canada; but overall it has exceeded my expectations. I look back to those early years with very fond memories, as I was accepted. My original plans were to stay in London for five years – which has turned into 23 years.
Q You studied architecture and now work in a place of considerable architectural significance – was that a conscious decision? CW: Absolutely. I was working for York Hannover, a Canadian developer, in Toronto when I received a telephone call from Olympia and York to come and work at Canary Wharf. I was very familiar with Olympia and York’s work in Toronto and New York, and I thought its plans for Canary Wharf were extraordinary. I didn’t hesitate to take up what I knew would be a once-in-a-lifetime opportunity.
Q Do you think your experience in architecture has given you a unique insight to your role, outside of just having retail experience? CW: Yes, it comes into play every day. We are always working on projects where architecture and design is pivotal, so an architectural background really helps.
NOVEMBER 2013 THE CITY 73
Q At the outset, Canary Wharf was
£316 million). Is this something you think about with pride, or is it more inspirational to look ahead? CW: It’s inspirational to look ahead, my job here is not done.
perhaps known predominantly as a business district – what were your initial ideas for the retail provision here? CW: The team’s initial thoughts were to provide uses that would only service the office population, but the people in the surrounding areas came here to shop too, and that was a milestone for us. It became apparent that we would be trading seven days a week. Our aim is to match our offering to the needs of office workers, shoppers and the local community. We carry out regular surveys to find out what they want, and that becomes our target list. There is no point in opening shops that do not match the needs of our audience.
Q The retail offering here is
Q The entertainment, arts, events and community programmes here are busy, full and well-attended – how important to you was it to develop this? CW: Paramount. It is about developing a community here, and the arts and events are a vital ingredient. Our engagement with the local community is normal practice, part of the puzzle as it were. We knew that if we wanted Canary Wharf to be a consideration for those who do not work here we would need to make it a destination. Catering was, and continues, to be a driver, hand-in-hand with our events programme. Equally, we also offer emergency childcare, a library and medical facilities – you need these services to complete the circle, they are everyday needs, but they also differentiate us from other destinations. The environment we have created at Canary Wharf is quite unlike any other when you consider the architecture, outdoor spaces and retail offering. It’s a stunning place to be in the evening and on the weekend – first-time visitors are always surprised, many become loyal customers.
I have the drive, determination and passion, but I am surrounded by an extraordinary team who help me to deliver in everything I do
staggering – and about to get even better – what are you most excited about in the next couple of years? CW: Attracting new brands that would not have previously considered Canary Wharf, and introducing more leisure, such as bespoke cinemas and restaurants that offer more than just food, such as live music or sport. It’s about the feel-good factor, I want to see people enjoying themselves, so I try and address as many of their needs as possible.
Q The figures and stats that you’ve achieved in your time here are very impressive (ie moving the retail turnover from half a million to more than
Q Will Wood Wharf be different from the existing Canary Wharf estate?
Interview | WORK
CW: We don’t want to develop Canary Wharf Part II on the Wood Wharf site. Things have moved on since we began developing Canary Wharf 25 years ago, so it’s important we consider change. The needs of office occupiers have also evolved, particularly in the TMT [Technology, Media and Telecommunications] sector, where they are looking for less formal environments. There will also be a substantial residential provision which will naturally make it different.
Q You’re a woman in a position of considerable power, have you faced challenges in the business world as a woman? CW: Not really, I have been lucky to be supported and encouraged throughout my development within Canary Wharf Group and at my previous companies.
Q Which women in business or positions of power do you find most inspiring? CW: There are so many, but the woman who stands out for me is Christine Lagarde.
Q Sustainability and the environment form a key part of the Group’s agenda, how important is it to you personally? CW: Very. It has to be for future generations. Over the last 15 years we have become very much a throwaway society, which is so bad for the environment. Change was, and is, needed, and I’m very proud about the commitment we have to delivering our environmental policy here.
Q Canary Wharf is often referred to as the fastest growing business and retail area in Europe – how important is this global reputation? CW: It is fantastic to be recognised for what we have achieved and, while this recognition is a testament to our success, it is business-as-usual for us.
Q There is a debate that women working in positions of power in business need to be as ‘tough as men’ – do you agree? CW: No. It’s not about being tough; when you are good at what you do, you don’t need to be tough.
Q Margaret Thatcher was instrumental in the development of Canary Wharf. Did her death earlier in the year make you reflect on what you and the group have achieved, as well as Thatcher’s own legacy? CW: Yes, of course. Without her, I would not be here. It’s very gratifying to see that we have more than followed through her vision for the area.
Q You won Harper’s Bazaar Businesswoman of the Q In terms of that growth, was there a specific bank or business that moved here that changed things? CW: There are key phases in a large development like Canary Wharf; when a company brings 8,000 to 10,000 people to the estate it makes a big difference. It is rather exciting, you can feel it, and it adds to the buzz.
Year in 2007 – is recognition like that important to you? CW: It was a lovely surprise and an unexpected honour, but I don’t work on my own. I have the drive, determination and passion, but I am surrounded by an extraordinary team who help me to deliver everything I do.
Q How has your own personal role changed over
Q Do you think it’s important for women to be
the years? CW: It has changed greatly, but I love how it has evolved. I started out co-ordinating the retail tenant construction and now I am the chief administrative officer for the Group; it can’t get much better than that.
recognised in this way? CW: Yes and no. I wish we were not separated from men, but on the other hand it may give women who are just starting out a chance to be recognised in fields that are still dominated by men.
Q Are there things that still need to change in the Q What has been the biggest challenge over the past years? CW: I have to try and compose myself when someone says to me that Canary Wharf is just an office environment, soulless and dead at the weekends… everything else is easy.
Q What would you consider so far to be your greatest achievement here? CW: To be part of the team who made it the place it is today. When I first started working on the project, Canary Wharf was constantly referred to as a white elephant — we believed in it, we persevered and delivered the master plan and more. I would like to meet up with those doubters now…
business world to ensure more opportunities for women? CW: No, I think it is down to the individual. Don’t sit back and think you can’t do it or you won’t get the job. Get out there and show them you can; women don’t put themselves forward enough. This is the one big difference between women and men; men don’t hesitate, women do. Women need to identify their unique skill, understand what they bring to their work environment to best enable success and then make sure they are heard. I was once given the advice of ‘speak up, speak out and contribute’, I haven’t looked back since. canarywharf.com
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Just a couple of hours from home. And yet a world away.
w w w. a u s t r i a . i n f o
Yo u r p e r s o n a l H o l i d a y I n f o r m a t i o n L i n e : 0845 101 1818 (calls charged at local rates)
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PHOTOGRAPHY: courtesy of Red Photographic
MOTORING | GADGETS | SPORTS
ON SERVE The biggest names in tennis will descend upon London’s O2 Arena this month for the Association of Tennis Professionals (ATP) World Tour. Taking place from 4-11 November, the tournament is designed to showcase the talents of the sport’s top athletes, all of whom — save for Andy Murrary who has withdrawn due to injury — will be competing for the number one ATP ranking. Catch the action courtside, or watch in style courtsey of one of the arena’s platinum or hospitality packages. With Murray out of the frame and Federer way down the leaderboard, perhaps it will be Nadal that knocks current number one seed Novak Djokovic off the top spot. ✤ atpworldtour.com
SKATE IN THE CITY This month, London’s longest-running outdoor ice rink returns to Broadgate, in a brand new location, Exchange Square. Just a two-minute walk from Liverpool Street Station, Broadgate Ice Rink will be open daily from 4 November – 27 February. This season, Broadgate introduces a new addition, BAR BBQ on Ice, where friends can catch up for beers, cocktails and comfort food, from a delicious menu that offers winter warmers from a charcoal grill and wood-burning oven. And for those serious about mastering a biellmann spin, individual lessons will be available throughout the season, with qualified instructors on hand to help. ✤ broadgate.co.uk ice@Broadgatelondon
4 November – 27 February Open daily 10am-10pm (closed 25 Dec; 11am-6pm 26 Dec) Exchange Square, Broadgate City of London EC2A 2BQ BOOKINGS: broadgate.co.uk/ice 0845 653 1424 On site from 4 November PRICES: Adult: £12.50; Children: £8.50 (ages 4-13) Family: £33.50 (2 adults + 2 children or 1 adult + 3 children) Group bookings: Buy 10 get 1 free
#broadgateice
IN THE KNOW
Be well-informed and well-equipped with our ultimate event and gadget guide
IN THE SWING
SCULPTING SUCCESS
Music lovers around the capital can rejoice this month as London Jazz Festival returns for its 21st birthday celebrations. Boasting a diverse range of talent from around the globe, this musical event will take place from15 - 24 November in venues across the capital. Over 280 performances in more than 60 different locations will see the big names in show-biz like Madeleine Peyroux, perform amongst a line-up of upand-coming artists, including the talented Laura Jurd and Jaimeo Brown. There will also be plenty of opportunity to participate, with workshops, classes, guest talks and lectures, designed to enhance the jazz fanatics’ enjoyment of this diverse festival.
Until its closure next May, the City continues to play host to the Sculpture in the City exhibition, where large-scale installations from some of the country’s most innovative artists will reside within the heart of the Square Mile. Now running for its third year, the exhibition showcases more creative works than ever before.
✤ londonjazzfestival.org.uk
✤ cityoflondon.gov.uk
News | PLAY
BENTLEYS AND BOND This month, to celebrate 60 years since Ian Fleming’s first James Bond novel, Vintage Classics and Bentley Motors have collaborated to produce a limited, specialedition version of Casino Royale. Presented in a beluga leather case complete with Bentley’s signature double stitching and logo, this commemorative piece will also boast never-before-seen features to captivate the fiercest Bond fanatic, including a new foreword written by racing legend Sir Stirling Moss. ✤ Special Edition Casino Royale, Bentley and Vintage Classics, £750, 01206 255666, ianfleming.com
VERY PORSCHE Long-time luxury vehicle manufacturer Porsche is now expanding its established reputation into the world of electronics, in collaboration with storage drive manufacturer La Cie. The ultrasleek USB 3.0 key is a light and slim design, combined with state-of-the-art technology, including a security suite to protect important documents if lost, is available in 16 or 32gb and works at a dizzying 95 MB/s. A perfect alternative to the occasionally burdensome briefcase. ✤ Ultra Sleek USB 3.0 Key, from £24.99, La Cie, lacie.com
GADGET GURUS Anymode is a brand making its name in the world of innovative smartphone accessories. Ranging from miniature DJ decks to solarpowered charging kits, this is most definitely a label to keep track of as we pick some of our favourite products.
1
MOBILE TV RECEIVER
A device with integrated antenna that turns any Samsung Galaxy tablet or Note 10.1 into a television. Simply connect and gain between 30 and 60 channels. ✤ Mobile TV Receiver, £80, Anymode, luxmodo.com
2
LOUD AND CLEAR Marshall Headphones are introducing rock and roll into the sound world with the launch of their new speaker, The Stanmore. Its small size hides an impressive sound quality at any volume, and its stylish design, means it will seamlessly blend into all kinds of environments. ✤ The Stanmore, £400, Marshall Headphones, conranshop.co.uk
PORTABLE DJ PAD
An aerodynamic mini-sound system that doesn’t require any additional power supply. Complete with a mini mixing desk, with a two-deck format to make amateur DJ sets that touch more professional.
✤ Portable DJ Pad, £515, Anymode, luxmodo.com
WATCH THE FUTURE Global technology giant Samsung has this month continued to elevate the field of electronics with the launch of its new ultra high-definition S9 television. This 85-inch TV promises to re-establish the pinnacle of at-home viewing, offering a clearer and brighter picture. Futureready, this innovative new product is complete with Smart Evolution Technology to re-engineer without the need for replacement, plus smart hub features, which revolutionise viewing content with a selection of recommendations based on each individual user. Now available at a range of retailers, the features of Samsung’s latest construction are only matched by its futuristic appearance; a lightweight, slim aesthetic make it as pleasing to look at as it is to watch. ✤ Samsung UHD 4K S9 TV, £34, 999. 99, Samsung, samsung.com
3
SONIC BLOCK BLUETOOTH STEREO SPEAKER
A sleek yet powerful, voice-controlled sound system that can be connected to any Bluetooth mobile device, providing up to ten hours of high quality playback. ✤ Sonic Block Bluetooth Stereo Speaker, £115, Anymode, luxmodo.com
NOVEMBER 2013 THE CITY 79
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ALK ABOUT NAME dropping. In the lines, with the first (pre-ordered) right-hand drive press conference preceding our first versions due here in early 2014. drive of the much-vaunted Alfa 4C, Just 3,500 examples will be built each year, with we heard that its layout was inspired a mere 1,000 of those for Europe. Exclusivity comes by the iconic Alfa 33 racer of 1966 as standard. The rest will go to Asia, the Pacific and its styling by the more recent region and, finally, to North America where the 4C will 8C Competizione; that it is to be built in Modena by spearhead Alfa’s return to the land of The Graduate. Maserati; and, talking of Modena, that it shares its What makes 4C a veritable bargain is its racingconstruction with a car from the town’s ‘other’ sports inspired mechanical layout. It’s built around a strong yet car maker, the Enzo from Ferrari. featherweight carbon-fibre passenger ‘tub’ onto which That’s quite something to live up to, especially are bolted aluminium subframes holding the suspension when you consider assemblies and the the price: from ‘only’ engine and gearbox. £45,000. A hefty sum Aluminium is also used for an Alfa? Not when for the chassis beams you consider the and the body cage. This specification. is clad with another This is a junior lightweight composite supercar with a carbonmaterial, SMC or Sheet fibre monocoque, Moulding Compound. Be blown away by Alfa’s no compromise 4C race-derived aluminium The engine and two-seater, a real baby Ferrari double wishbone front gearbox are aluminium, WORDS: MATTHEW CARTER suspension and a midand weight-saving mounted turbo engine even extends to the driving the rear wheels and capable of performance use of glass that’s some ten per cent thinner than that will leave you, literally, breathless. conventional glass. The result is a dry weight of just Oh, and it’s drop-dead gorgeous, too – a little 895 kg… or less than your average city car. Ferrari-esque from some angles and, less glamorously Mind you, the 4C is a good deal smaller than your perhaps, with echoes of the Lotus Exige. Whatever. It average city car. Sitting at one traffic light, we were has real presence… menace, even. dwarfed by a Toyota Yaris of all things. The Alfa is only First seen as a concept at the 2011 Geneva Motor four metres long with a wheelbase of just 2.4 metres. Show, the production version – little changed visually As Colin Chapman, the genius behind Lotus, from the concept – was revealed just two years later, knew only too well, the lighter the car the smaller the at this year’s 2013 Geneva Show. Now, six months on, engine needed to provide the required performance. the first production cars are coming off the Maserati Although the 4C looks as if it ought to have a three
ALFA’S WORLD BEATER
Motoring | PLAY
litre V6 under its curvy rear end, power actually comes the race car analogy is completed by the view over the from a 1750c direct injection turbo four-cylinder petrol ‘bonnet’ which falls away completely out of sight. engine, a modified (and lightened) version of the unit The ride that was beautifully firm on the track falls used to power the top Giulietta. away a little on the broken tarmac of public roads, but In 4C, it develops 240hp, giving a weight to power if you steer away from potholes it’s really not that bad. ratio of less than 4kg per hp, supercar territory. It results Ah yes, the steering. It’s a mechanical set-up (no in a top speed of 160mph with 0-62 mph taking just 4.5 electric PAS here) and with a 40/60 front/rear weight seconds. It’s quick. balance, it’s light and super-direct. Perfect for the It also uses a modified version of that car’s TCT track, but less good at high speed on the road where six-speed sequential gearbox with dual dry clutch and there’s a tendency for the front wheels to tramline on shift paddles behind the steering wheel. There heavily cambered surfaces and the twitchiness is no manual option. of the steering at high speeds. VEHICLE SPECS Also borrowed from the Giulietta is the Maybe it needs more time to get used to it, CAR: Alfa Romeo 4C electronic DNA selector which modifies chassis but I found constant little corrections (often PRICE: £45,000 and engine settings according to the way is car ending up in over-corrections) were needed to ENGINE: Mid-mounted, is being used. But to the standard Dynamic, the keep the thing pointing straight and true. 1,742cc, 4-cylinders, direct Natural and All-weather settings, 4C adds a But then this is meant to be a raw, visceral injection, turbocharged Race mode, which minimises the intervention experience. It’s one of those cars where every POWER: 240 hp of safety systems such as stability control and journey is an adventure and where, if you’ll PERFORMANCE: 161 mph anti-slip control, and adds launch control. pardon the cliché, car and driver really are at max, 0-62 mph in 4.5 secs Fittingly, then, the test starts with a few laps one. You’ll be better off driving solo, too, as DRIVE: Rear-wheel drive, sixof Alfa’s high-speed Balocco test track near the tiny cockpit is cramped for two and, in speed automised manual Milan. A super-smooth surface and (optional) any case, passenger comfort is compromised track day tyres proves the car is fast, corners by the underslung heater controls that dig flatly and brakes and steers with confidence. Fun. But painfully into his or her leg. more revealing is an extended drive on local roads. Practical it’s not, either. There’s no luggage space First impressions are purely sensory. Engine noise, under the bonnet, Porsche Cayman-style, and the four-cylinder flat at idle, turns into a screaming diva at boot will take a laptop-bag and a jacket, and precious speed. And what seemed merely fast on the test track little else. Rear visibility is a nightmare (the interior is eyes-wide-open quick on public roads. mirror gives you a great view of the engine and Superfast gear-shifts in Dynamic mode bang-bangthe doors mirrors are filled with engine air intake). bang up the ’box while down-shifts are accompanied by Reversing, therefore, is pretty tricky. a glorious (and automatic) blip of the throttle and a bark But frankly who cares? Head-turning looks, from the twin exhausts. Sitting so low to the ground, exceptional performance and real exclusivity for not and strapped into thin but figure hugging bucket seats, too much money make the 4C a winner.
NOVEMBER 2013 THE CITY 81
PLAY | News
CATERHAM GETS SERIOUS The F1 team starts an ambitious road car programme
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ROM COTTAGE INDUSTRY to a globally recognised brand in a few short years: that’s what the chairman of Caterham Cars, Tony Fernandes, is planning. Currently Caterham is best-known for the Seven, a back-to-basics two-seater kit car that can trace its origins to the 1968 Series 3 Lotus Seven. It’s the car of choice for hardy enthusiasts who are more than happy to swap a complete lack of creature comfort for its unbelievable performance, gokart handling and guaranteed smiles-per-mile. But Fernandes, a Malaysian businessman who bought the company in 2011, has grand plans. First there’s the Caterham F1 Team. While it might currently be towards the back of the Grand Prix grid, it provides more glamour than any other kit car maker can muster. And then there’s an ambitious new model plan, which will culminate in an all-new sports car to be built in conjunction with Renault and Alpine. First, though, comes the Aeroseven Concept, which gives ‘a hint to the company’s styling direction for future models’. Launched at the Singapore Grand Prix, the Aeroseven Concept remains a no-nonsense twoseater, but one that looks to the future rather than the past. The body is carbon-fibre with vastly improved aerodynamics and much greater downforce than the existing Seven. Taking lessons learned from F1, Computational Fluid Dynamics and both circuit and wind tunnel testing have been used in its development. And this will be the first Caterham with electronic aids such as traction control and even launch control. Powered by a Ford-based but Caterham developed two-litre engine, it is said to rocket from rest to 62 mph in under four seconds. Welcome to the 21st century, Caterham.
82 THE CITY NOVEMBER 2013
INSIDE TRACK The Street Westfield Stratford City E20 1EJ 0208 534 3446 info@insidetrackshop.com @InsideTrackShop
MCLAREN & ASTON MARTIN COLLECTIONS AT WESTFIELD STRATFORD VIP SHOPPING EVENINGS
Register now for more information on one of our VIP shopping evenings (availability limited) info@insidetrackshop.com
ITALIAN FOR BEGINNERS “Ferrari gives you a special feeling,” Fernando Alonso once said. And he’s right. The first time you drive a Ferrari can be a cathartic, life-changing experience WORDS: NEIL BRISCOE
I
T’S MY FIRST time so I’ll be gentle... No, don’t be filthy. I mean my first time driving a Ferrari. I’ve come close on occasions before, but this is my moment of Italian cherry-popping. The 458 Italia looks more Ferrari-esque than just about any car. It sits somewhere below my waist height, an atomic doorstop of vivid blood-red (of course) that makes the backdrop of Belfast’s Titanic museum – a deeply striking building in itself – look somehow rather plain. Why are we in Belfast? Simply because, on the island of Ireland, there is only one Ferrari dealer and it’s Charles Hurst, part of the Lookers Group, which has just finished upgrading its combined Ferrari and Maserati showroom on the Boucher Road to the tune of more than £1 million. We’ll get a tour of the new showroom later, with its high-tech ‘Atelier’ where customers can ‘ooh’ and ‘aah’ over paint swatches and buttery-soft leather samples. For now, worryingly, it’s raining and just the other night I was in the cinema watching Rush, where wet, curvy roads and a red Ferrari didn’t make such an enticing combination, but everyone else in the convoy has left and now it’s down to me. Twist the old-school key, thumb the Engine Start button – mounted, as are almost all the other major controls, on the steering wheel – and the 4.5-litre V8 engine barks into life. Crikey, it’s loud. More musical than a truck full of woodwinds too, and it fires revs at the flywheel in great big bursts as you tap the throttle. Pull the right-hand carbon-fibre paddle back to select first, and finally, I’m driving a Ferrari. The first few miles are, rather remarkably, unremarkable. For a low, wide, mid-engined car, the 458 is tractable and manouverable in traffic, even riding quite gently over urban lumps and scrapes if you remember to push
the soft mode suspension button (yes, also on the steering wheel). Out beyond the urban confines and some dry, twisty roads await. Flick the Manettino switch from Sport to Race and suddenly the 458 twitches into barking-mad life. Gone now is the soft boulevardier that brought us out of the city centre, and instead is a snarling, roaring beastie, wringing every last rev and high-alto note out of that 570hp V8. Bloody hell, it’s fast, but it’s also ruthlessly composed, refusing to get unnecessarily harsh or jiggly even on broken blacktop. Steering feel is, frankly, just about perfect (aside from having to keep your thumbs away from the daft wheel-mounted indicator buttons) and the 458 corners with the feel of a go-kart that’s had a Saturn V shoved up its bum. In other words, lunaticfast but with a level of control and adjustability that is hard to credit for what is supposed to be a highlystrung Italian thoroughbred. The best part is that this is an affordable 458, or at least relatively so. In spite of looking and feeling utterly brand new, it was actually a 2011 car, and one that has now been through Ferrari’s just-launched Approved Used scheme. If you buy a second-hand Ferrari from a franchised Ferrari dealer, it will have been through a 190-point check, which includes being fitted with new pads and tyres, if needed, fully-serviced and carrying a full two-year factory warranty. Better yet, if it’s a post-2012 model, it will now come under Ferrari’s new inclusive service package which – get this – runs for seven years and covers all regular maintenance and servicing, including parts. Hang on, is Ferrari trying to compete with Kia? Not quite, but it is trying to make the point that its cars are more robust and day-to-day useable than is usually thought. Matteo Torre, Ferrari North Europe’s
Suddenly the 458 twitches into barking-mad life... a snarling, roaring beastie, wringing every last rev and high-alto note out of that 570 hp V8
Motoring | PLAY
general manager told me that: “I think our customers want to buy a car that is reliable and where they can track the history of the car. We are so sure about the reliability of our cars that we have decided to give buyers all over the world the seven-year maintenance programme, including the parts.” Of course, affordable is a relative term. The car I was driving lists at £164,000 so it’s certainly not cheap, but at least the likely running costs have now come down a bit thanks to the inclusive services plan. Buying and owning a Ferrari will never be cheap, but thanks to the Approved Used scheme and that inclusive service package, it’s maybe not the far-off dream that it might seem. I reluctantly hand back the key to the 458, eyeing up the rest of the stock as I do so. They do say that you’re always better on the second go...
NOVEMBER 2013 THE CITY 85
Banana Republic
FASHION FOR HER
As anyone familiar with the brand will know, Banana Republic supplies everyday fashion with not so ordinary fabrics. Even its staple pieces, such as its well-fitting t-shirts and jumpers, are made from luxurious fabrics including supple silks and rich cashmeres. For those who desire fashion that is both sophisticated and accessible, COS’s collections stay true to timeless style over passing trends. As well as Tiger of Sweden’s womenswear, visitors to the new Jubilee Place extension can also enjoy distinctive designs in wardrobe essentials from Wolford, and celebrity-favoured footwear from Pretty Ballerinas.
Shopping
SPECTACULAR NOVEMBER 1ST SEES THE OPENING OF CANARY WHARF’S JUBILEE PLACE EXTENSION. FROM PREMIUM FASHION TO INDEPENDENT DESIGNERS, THE MALL PROVIDES THE PERFECT PLACE TO FIND YOUR FESTIVE PARTY OUTFITS, SEASON-INSPIRED GIFTS AND ACTIVE WEAR TO KEEP YOU FIT IN THE NEW YEAR
FASHION FOR HIM
Joining the likes of Alfred Dunhill, Hackett and Hugo Boss already in Canary Wharf, the new extension promises to have even the most discerning of gent covered for every sartorial eventuality. To see how Orlebar Brown has surpassed its signature swimwear into a range of jackets, polos and sweats, visit its new Canary Wharf store. Alternatively, make for Tiger of Sweden and its well-tailored Scandinavian style and trademark fit — perfect 24/7 fashion for 24/7 people. For something even smarter, Emmett London’s shirts combine British heritage tailoring with fresh European elegance.
Orlebar Brown
SHOPPING Anton Heunis Earrings - Cadenzza, £100, Jubilee Place
Siren Medium Drop Earrings Monica Vinader, £285, Jubilee Place Iosselliano Modern Swing Set of 3 rings, £179, Cadenzza, Jubilee Place
Anton Heunis Opulent Necklace - Cadenzza, £239, Jubilee Place
JEWELLERY AND GIFTS
For Christmas gift ideas, Canary Wharf is the destination du jour. For beautiful jewellery try Cadenzza, a new store from Swarovski that supports the attitude that fashion jewellery isn’t just for special occasions, it’s for making every occasion special. The equally stunning Monica Vinader is a brand that successfully bridges the gap between fine and fashion jewellery, perfect for Christmas gifting. For make-up to impress, try bareMinerals, which provides award winning mineral based make-up which illuminates and evens complexions while being kind and gentle on skin. For the sweet-toothed, a gift from Godiva can never fail to impress, while Le Pain Quotidien bake sweet pastries fresh every day. Look out for its mouthwateringly good Belgian waffles and exquisite range of tartines.
HOMEWARE
For items for the home, Canary Wharf’s latest offering of stores boasts the award-winning The White Company. Having become a true lifestyle brand, the store creates stylish pieces for your home, your wardrobe and your children. Elsewhere, the ever-stylish Cath Kidston has expanded from a producer of quirky patterns to the manufacturer of a diverse range of uniquely recognisable accessories, homeware, womenswear and childrenswear. Rituals, a brand established in 2000, pioneers a combination of luxury home and body cosmetics. The company’s daily indulgences, from bath oil to scented candles, are made with the belief that, with the right products, any beauty routine can be upgraded into a ritual.
The White Company
Sweaty Betty
FITNESS
Post-Christmas workouts may fill you with dread, but thanks to Sweaty Betty at least you can hit the streets, or slopes, in style. The pioneering company has garnered a reputation for mixing fashion with performance and femininity with sport — just see this image for proof. For the ultimate running experience, head to ASICS’ new Jubilee Place store, which will be fitted with a high-tech Foot ID scanning system. The Dynamic Foot ID uses special test shoes, software and cameras to analyse your ‘gait cycle’ as you run on a treadmill. This data generates a personalised foot ID to reveal which trainers best suit your running style. On your marks, get set, go!
www.canarywharf.com
@yourcanarywharf
Christmas at
CANARY WHARF IT’S NEARLY THAT TIME OF YEAR AGAIN, WHEN FESTIVE LIGHTS TWINKLING, THE ICE RINK AT CANADA SQUARE PARK COMES TO LIFE AND CANARY WHARF’S RETAIL MALLS TRANSFORM INTO A CHRISTMAS PARADISE FOR ALL THE FAMILY. HERE’S HOW TO ENJOY THE FESTIVE SEASON.
SANTA’S GROTTO
It wouldn’t be Christmas without a visit from Santa, and this year Mr Claus is taking up residency at his wonderfully whimsical Grotto in Jubilee Place every weekend throughout December and during the week before Christmas. Children and families will be thoroughly entertained by the cheeky elves and Santa’s helpers as they wait excitedly in line to tell Santa Claus all their Christmas wishes. Pre-booking is not required, but you are advised to arrive early to avoid disappointment. 30 November & 1 / 7 & 8 / 14–24 December 11am – 5pm Jubilee Place £2 (donated to charity)
CHILDREN’S FESTIVE ACTIVITIES
Families are invited to enjoy a programme of free, fun packed children’s activities from face painting to cookie and cupcake decorating. Kids can ensure they look the part by having their face painted in any of Canary Wharf’s shopping malls, before decorating a delicious cookie or cupcake courtesy of Sweet Couture Cake Boutique. Before the end of the day, make sure you visit Enchanted Mirrors in Jubilee Place lower level where you can marvel at yourself in all sorts of bizarre shapes and sizes. 30 November & 1 / 7 & 8 / 14 & 15 / 21–24 December 11am – 5pm Throughout Shopping Malls Canary Wharf FREE
SHOPPING
CAROLS AND CANDLES SERVICE This annual spectacular sees Santa and friends perform a special show for families to enjoy. BBC CBeebies presenter and children’s favourite Alex Winters will join the cast for the second year running to thoroughly amuse people of all ages. Entertainment is ensured as Alex, Santa and co take you through a 30 minute journey filling the air with plenty of Christmas cheer.
Enjoy the community spirit at the Canary Wharf Carols and Candles Service, a special service for those working in and around Canary Wharf and their families. Carols will be led by the combined choirs from companies such as FCA, HSBC and KPMG plus members of the Canary Wharf Community Choir. All proceeds go to Street Pastors (Tower Hamlets) charity and Save the Children.
Saturday 7 & Sunday 8 December, 12pm, 2pm & 4pm
Tuesday 10 December
East Wintergarden, 43 Bank Street
5.30pm (doors 5pm) / 7.30pm (doors 7pm)
£4 for adults
East Wintergarden, 43 Bank Street
£2 for children and concessions
FREE*
All proceeds donated to charity.
Places (max 4 per person) must be reserved via email:
canarywharf.com
carolsandcandles@canarywharf.com
SANTA’S SHOWTIME
CHRISTMAS ROCKS AT CANARY WHARF
Whether it’s Let it Snow, Santa Baby or It’s Beginning to Look a Lot Like Christmas – everyone has a favourite song to get them into the festive spirit. Sing along to the best-loved songs of the season led by a choir of Canary Wharf singers, plus professional singers and dancers. Maverick classical pianist Tokio Myers will also perform his unique versions of the much-loved classics, while accompanied by the big band sounds of the Trinity Laban band. Visit the bar for mulled wine and mince pies. Tuesday 17 December 6.30pm (doors 5.30pm) East Wintergarden, 43 Bank Street £8 (under 13’s FREE)* 0871 220 0260 / seetickets.com Tickets also available on the door subject to availability
www.canarywharf.com
@yourcanarywharf
4 January - 16 February 2014
Londonテ不 best hospitality Fabulous food, breath-taking views Book pre-show Gallery dining for the ultimate experience
Bookings - 020 7959 0607 / entertain@royalalberthall.com
royalalberthall.com @royalalberthall #quidam
/royalalberthall
FOOD&DRINK WINE | DINE | NEWS | REVIEWS
APPLES AND PEARS This month at Corinthia Hotel’s The Northall restaurant, executive chef Gary Hollihead pays tribute to seasonal cuisine by designing an original menu dominated by the humble apple and pear. The ‘seasons best’ menu at this quintessentially British restaurant will boast an assortment of dishes based around and enhanced by these seemingly underused fruits, while placing the usual importance on locally-sourced produce. Try, for instance, the saddle of venison with pickled red cabbage and roast pears, and be sure to indulge in dessert, be it the roasted almond cheesecake with mulled honey pears, or the outstanding apple tarte tatin. ✤ corinthia.com
SOMMELIER SECRETS Searcys acted as the spectacular host to the launch of thewineclub.co last month. Founded by the Gherkin’s private members’ club’s GM, Danny Kaljee (previously of Gordon Ramsay’s Savoy Grill), thewineclub.co delivers wines, handpicked by London’s most respected sommeliers, direct to your door. Usually only found at the City’s best restaurants, each wine is selected by experts including João Pires (Dinner by Heston), Laure Patry (Pollen Street Social) and Mikael Hannequin (Searcys Club). Membership is free. Cases of six start from £50. Chin chin.
AD12 AT TOWER 42 This month, Tower 42 will play host to a pop-up restaurant headed by Michelin-starred chef Anthony Demetre. In residence until January, AD12 incorporates the best of Demetre’s other London establishments, Arbutus, Wild Honey and Les Deux Salons, serving a modern bistrostyle menu, changing daily in accordance with the locally-sourced produce available. The pop-up leads the way for future collaborations at Tower 42, with top chef Jason Atherton finalising plans for a restaurant in 2014. ✤ AD12 at Tower 42, Old Broad Street, tower42.com
✤ thewineclub.co
FOOD&DRINK The best fine-dining has to offer, right on your doorstep
HOORAY HENDRICK’S Hendrick’s Gin and jewellery designer Hannah Martin have collaborated to produce a limited-edition, collector’s hip flask. Reviving the accessory once inextricably linked with fashion and the upper classes, Martin’s creation will be presented in a hand-made leather travelling bag, complete with an individuallyblown, diamond-embossed bottle of the famous Hendrick’s Gin and a cashmere scarf from Scottish tailors Walker Slater. It’s the perfect Christmas gift for the fashion-conscious gin drinker. ✤ Hendrick’s Hip Flask Gift Pack, £795, Harrods, harrods.com
UP IN THE CLOUDS Aqua Shard, now a favourite fixture of the London skyline, has launched a new breakfast menu to suit all City paletes. For those in need of sustenance for the day ahead, the new menu boasts an assortment of morning favourites, ranging from the full English to poached eggs on toast. Breakfast will be served daily between 7 - 10.30 am, with a side order of breathtaking views to boot. ✤ Aqua Shard, The Shard, London Bridge Street, aquashard.co.uk
News | FOOD&DRINK
NEW OPENINGS THE WHISTLER THE WRIGHT STUFF
This month, as part of a £45 million redevelopment project at Tate Britain, The Whistler restaurant will reopen to the public. The renovation will include the unveiling of the newly restored mural by Rex Whistler, and upon opening will serve a selection of British dishes for lunch and dinner, inspired by its original menu of 1927, combined with a variety of locallysourced produce.
City favourite The Wright Brothers is set to launch a ‘seafood mecca’ in the heart of London’s Spitalfields market mid-month. Located on Lamb Street, this new venture is to follow in the successful footsteps of The Wright Brothers oyster houses in Soho and Borough Market. It will serve what it terms as a ‘sea-toplate’ dining experience, in which diners are able to choose their dish from a vast seawater tank of freshly caught produce. ✤ Wright Brothers Spitalfields, Lamb Street, thewrightbrothers.co.uk
✤ The Whistler Restaurant, Tate Britain, Millbank, tate.org.uk
TIRAGE Tirage will open its doors this month on Bishopsgate in the heart of the City. A sophisticated yet distinctive restaurant, which boasts an extensive range of Champagnes paired with modern, responsibly sourced cuisine, Tirage is the latest brainchild of Michelin-starred restaurateur David Moore, of Pied à Terre and L’Autre. Try lunch or dinner here from the middle of November, you won’t be disappointed. ✤ Tirage, Bishopsgate, tirage.co.uk
CHINA IN THE CLOUDS Had it opened prior to last year, Hutong would have enjoyed little competition. Now, not only does the Chinese restaurant have its Shard companions to compete against – both British Aqua and American Oblix have been commanding favourable column inches – across the water, City favourites SushiSamba, Duck & Waffle and Searcys (if you’re invited) are all vying for a slice of the fine-dining-in-the-sky pie. So why pick Hutong over its cloud-based companions? Well, if you’re looking for sophistication, rather than animation, for one. Hutong is an airy, uncluttered space of dark woods and black lacquer that grows more intimate as the sun goes down. Traditional red lanterns and intricate latticework channel the imperial palaces of Peking, while the views from the floor-to-ceiling windows help keep things feeling exclusive. Of course, with competition as it is, the restaurant can ill afford to rely on its lofty elevation alone. So what of the food? Hutong
REVIEW promises to bring the fiery spice of northern China to the capital; and while nothing we sampled was hot enough to send us running for the ice cream, the spiced razor clams and fried chilli prawns did provide piquant kicks. Other highlights included the chilled sliced scallops and vegetarian spring rolls, both intricate enough to justify their asking price. It was the Peking duck, however, that proved to be the star of the night. Carved at your table and served in two parts, you’ll be amazed at how different duck can taste from one place to another. London’s sky-high eateries offer fine-dining at sky-high prices. Which means, unless you’re frequenting courtesy of the company credit card, visits will be restricted to special occasions. So how do you make a Hutong occasion extra special? Reserve a window seat, when it’s dark, and order the duck. ✤ Hutong, Level 33 The Shard, London Bridge Street, aquahutong.co.uk
NOVEMBER 2013 THE CITY 93
FOOD&DRINK | Wine
THE TUSCAN
REVOLUTION Central Italy’s winemakers are rewriting the rules on wine production WORDS: JAMES LAWRENCE
F
ORTY YEARS AGO, Tuscany underwent that could not be classified as Chianti. The Antinori a significant wine renaissance which family had been producing wine in Tuscany since the totally transformed the region’s 14th century, and after 26 generations of winemakers, viticultural landscape. The area’s Piero Antinori decided to modify the formula. Antinori’s leading producers and winemakers Tignanello wine, first released in 1971, incorporated achieved dramatic increases in wine small quantities of Cabernet Sauvignon, aged in French quality, and more importantly rejected time-honoured oak. It rapidly became a critical and consumer success, traditions concerning permitted grape varieties and and today it still fetches an understandably high price. winemaking styles which they felt needed The super-Tuscan formula, which radically overhauling. The result? Tuscany remains largely unchanged today, has become Italy’s most dynamic and evolved using previously forbidden prosperous fine wine region and now international varieties in the wines. These brims with expensive, so-called ‘superwere principally Bordeaux favourites Tuscan’ wines, admired by collectors and Cabernet Sauvignon and Merlot, either connoisseurs worldwide. blended together, or with the indigenous This movement to challenge the Sangiovese. They quickly established a established order of making wine in favourable reputation for themselves in central Italy ironically took place in the global markets, offering a concentration, country’s most historic and traditional of power and structure that was previously areas – Chianti. It has long been Tuscany’s lacking in much Tuscan wine. However, in most renowned ‘brand’, a name instantly the eyes of the law they were considered recognisable to consumers worldwide. mere table wines as they didn’t comply TOP 5 SUPER-TUSCAN REDS: The signature variety is Sangiovese, with the strict rules at the time. This 2008 Caiarossa – £44.95 first cultivated in this enclave of centralreputation didn’t change until 1992, bbr.com western Italy by the Etruscans in the 8th when the number of super-Tuscans 2010 Franchetti – £90 century BC. Demand for Chianti rocketed had increased so considerably that the corneyandbarrow.com in the late 1940s and 50s, and plantings superior Indicazione Geografica Tipica 2009 Tignanello – £100 increased dramatically to satisfy the (IGT) designation was created. bbr.com demand for what was rapidly becoming a Fast-forward 20 years, and London’s 2009 Sassicaia – £145 oddbins.com household name across Europe. restaurants and merchants are now full of In the 1960s, however, things started super-Tuscan wines competing for your 2010 Tenuta Ti Trinoro – £162 corneyandbarrow.com to change. The prevalence of Chianti money. Their inherent desirability can be worldwide meant conscientious most obviously seen at London’s auction winemakers were increasingly frustrated houses, where a case of the renowned by the falling reputation of Tuscan wine in general, brand Ornellaia fetched more than £1,500 at Bonhams and by the 1970s, a group of innovative and qualityin July this year. The wines are produced across the minded producers began taking steps to rescue idyllic Tuscan landscape; in particular in the area the reputation of their region. They were particularly between Florence and Siena known as the ‘Chianti inspired by the Marquis Mario della Rocchetta of Classic sub-zone’. A number of superlative wines are Tenuta San Guido, who produced the first superalso made along the Tuscan coastline, in the Maremma Tuscan in the shape of Sassicaia from Bordeaux, region which includes the Bolgheri area, famous for varieties grown in the Bolgheri coastal region. its Sassicaia wine. Of course, not all the wines are of Rocchetta’s gamble inspired the true godfather of excellent quality, but the best offer a real alternative to super-Tuscans, Piero Antinori, to establish what would the pricey Bordeaux and Burgundies that aren’t always become the first wine produced in the Chianti zone worth their asking price.
94 THE CITY NOVEMBER 2013
MICHELIN IN THE CITY In the 2014 list of Michelin stars announced at the end of September, a third of the restaurants in London awarded new stars were in the City, proving that dining in the Square Mile continues to impress the toughest of critics WORDS: EMMA JOHNSON
HKK, SHOREDITCH
HKK
Why the star? The sister restaurant to Hakkasan in Mayfair, which has held a Michelin star for ten years, HKK was less than a year old when it was awarded its own star in this year’s Michelin Guide. Encouraging evidence of top Mayfair restaurants looking East for new locations to open a second branch, HKK is a classy little joint, with muted décor, dimmed lighting, expert service and really great food. The eight-course tasting menu, priced impressively reasonably at £48, is a revelation of classic Cantonese dishes with dim sum, Peking duck, ginseng soup and mandarin jelly providing the key signature flourishes, while dishes of Wagyu beef, poulet de Bresse and pineapple fritters speak of a more global approach to cuisine. The restaurant efficiently blends Chinese attention-to-detail coupled with carefullysourced ingredients, and is a real treat for gourmands.
HKK
HKK
ANGLER, LIVERPOOL STREET
Angler
Who’s eating there? Why the star?
Client entertaining seemed big business, the tasting menus ensuring a fuss-free dining experience, but the elegant dining room also lent itself well to couples on dates and groups of colleagues trading banter over beers and dim sum. Angler
What are they ordering? Without question, the cherry-wood roasted Peking duck dish is a musthave. Served from the waiter’s station in the middle of the room, guests are encouraged to leave their tables and watch it being carved, glistening with fat and perfectly juicy. A plate of utter beauty is then constructed in front of you, with crispy skin, a duck pancake and some small cuts of duck with soy and plum sauce.
Big news for the D&D group which happily saw fellow restaurant Launceston Place welcomed into the Michelin stable last year, Angler is the fine-dining restaurant at the top of the much-celebrated South Place Hotel, round the corner from Liverpool Street. As its name suggests, it specialises in seafood, and has a menu that changes daily. Head chef Tony Fleming, who brought with him expertise from time in the kitchen of Marco Pierre White at the Criterion, as well as the three Michelin-starred Oak Room, has a real passion for seafood and shellfish and offers a tasting menu of real inventiveness that hasn’t forgotten its British roots. Expect dishes such as a lobster fish pie to sit side by side with yellow fin tuna and Chinese spices.
Who’s eating there? A bit of a hipster joint, especially in the bar areas, it’s less frequented by City types, making it a perfect place for an intimate dinner.
Feature | FOOD&DRINK From left to right: Lima, Ametsa with Arzak instruction, Brasserie Chavot
- BEST OF THE REST -
New Michelin stars across London
What are they ordering?
LIMA, W1
The £60 tasting menu is a great way to try the best of Fleming’s considerable skill – don’t leave without having the curry-spiced mussel soup or the slowcooked salmon with crispy chicken thighs and wild mushroom ravioli – a complete revelation of flavour.
The first Peruvian restaurant to get a Michelin star, Lima has been a celebrated part of the London dining scene since it opened just over a year ago. A total revelation of South American dining, scallop tiradito, sea bream ceviche and quinoas ceviche are absolutely essential starters. Follow these with the suckling pig andes and lamb shoulder seco for something cooked, seasoned and served to total perfection – a wealth of new flavours coming together on each plate. Dining here you get a real sense that Story each ingredient has been thought through, ensuring food is delicious and moreish, without feeling gimmicky or overdone. It’s not hard to see why the Michelin inspectors were so taken with Lima; we are too.
RESTAURANT STORY, BERMONDSEY Why the star? One of the biggest openings of 2013, and virtually packed every night, this small, unassuming restaurant might be housed in a wooden box on a traffic island next to London Bridge, but it has big ideas – ideas that were endorsed when Michelin came calling this year, a mere six months since opening. The food is resplendent in its inventiveness and has won lots of favour with diners across London and beyond. There is only a tasting menu available (£75 pp), so all diners experience the same precise cooking, served with flair and creativity, and well-matched with interesting wines.
✤ 31 Rathbone Place, W1T 1JH
AMETSA WITH ARZAK INSTRUCTION, SW1 Story
Who’s eating there? Popular with groups who can delight in the quirky plates and simple décor together, the generous tables also make it a popular romantic dinner spot. Try and get a table by the window, where there are views of the Shard and London Bridge.
What are they ordering? Star dishes from the tasting menu include the bread and dripping – a candle made out of beef dripping in a real candlestick, which slowly melts into the saucer below for you to dip some salty sourdough into. Other highlights include the scallops, cucumber and intriguing dill ash, and incredibly, a dish of beetroot, raspberry and horseradish – simple ingredients, but far from simple in its execution.
MICHELIN DINING IN THE CITY: ADDRESS BOOK Angler, South Place Hotel, 3 South Place, EC2M, anglerrestaurant.com Club Gascon, 57 W Smithfield, EC1A, clubgascon.com Galvin La Chapelle, 35 Spital Square, E1, galvinrestaurants.com HKK, 88 Worship St, EC2A, hkklondon.com Restaurant Story, 201 Tooley St, SE1, restaurantstory.co.uk St John, 26 St John St, EC1M, stjohngroup.uk.com Viajante, Town Hall Hotel, Patriot Square, E2, viajante.co.uk
Too complicated, too elaborate, too overthought, came the complaints levied at Ametsa when it opened in the summer. Well, one would think that delivering on its promise of adding ‘surprising twists to rustic Spanish flavours’ would require an element of imagination. And when that imagination provides such thrills as king prawns with sweetcorn soup and ox cheek with vanilla, we can’t see the problem. Neither can Michelin, which has just awarded the Knightsbridge restaurant one star. For a lesson in well-thought-out, not over-thought, see also the John Dory with red moot and the chorizo with mango. Delights, both. ✤ Halkin Hotel, Halkin Street, SW1X 7DJ
BRASSERIE CHAVOT, W1 A continental classic, the approach to both food and service at Brasserie Chavot is laid-back and relaxed. The red leather banquettes, mosaic floor and dark woods create exactly the bustling brasserie feel you would expect, and the food follows suit, with escargot bourguignon, choucroute garnie and daube de boeuf Provençale all making an appearance on the menu. Star dishes, however, are those that combine classic cooking revamped with unique flavours and include the beef carpaccio with pickled mushrooms, filet de canette à l’orange and poussin grillé with lemon confit. A welcome member to the Michelin stable. ✤ 41 Conduit Street, W1S 2YF
NOVEMBER 2013 THE CITY 2
The Runwild team with managing director Eren Ellwood (second from right)
Samantha Ratcliffe, property director of The City Magazine (left) and freelance journalist Jeana Crabb
Event | FOOD&DRINK Lisa Plant from Berkeley Homes (left) with Samantha Ratcliffe and Loren Penney of Runwild Media
Jonathan Benarr and Jon Hall of Berkeley Homes
ROMAN HOUSE LAUNCH 10 OCTOBER 2013 This October, The City Magazine joined forces with Berkeley Homes to showcase its new Square Mile development, Roman House. Based in the heart of the City of London, Roman House is undoubtedly one of the most luxurious new residential developments in the capital. With thanks to event partners: Laurenti Champagne, Food Matters, Wardrobe Mistress, Harrys of London and Diptyque Paris.
Samantha Ratcliffe with Sebastian Sookermany (left) and Mason Brooks of Hurford Salvi Carr
David Stoll of Partners Wealth Management
NOVEMBER 2013 THE CITY 99
VISUAL ARTS
WINDOW GALLERIES
JUBILEE WALK
The Art & Design galleries in Canada Place are open daily and showcase up-andcoming artists, designers and craftspeople. Until 29 November the galleries display:
ST PAUL’S WAY TRUST SCHOOL
DARUNOTAI VAJRODAYA Darunotai fell in love with the way that the tentacles of an octopus flow seamlessly through the tides, using it as the basis for her jewellery design. She imagined how these free forming lines could take organic shape and wrap around the human body. The results are exquisite pieces that not only adorn and decorate, but can also be enjoyed by the wearer.
CANADA WALK
✤ lostatsea.info
BEE FLOWERS
For Bee, history is a stream of fragments. He became interested in cultural overlaps and continuities, as well as in historical shifts in time. Working in bas-relief, Bee seeks to embody man’s emergence into a symbolic order, while reflecting upon the tension between individuality and conformity, as well as the lingering power of ideas and belief systems. ✤ beeflowers.com
Students at St Paul’s Way Trust School in Tower Hamlets have been participating in a community enterprise programme that has been generously funded by J.P Morgan and developed in partnership with St Paul’s Way CIC. Through this programme the students are starting up a number of mini social enterprises in order to learn key business skills by ‘doing’ and to generate some profit. The display will include some of the products that they have created for sale in a pop-up shop, including a recipe book, cards, artwork and photography. ✤ stpaulsway.com
CANARY WHARF COMEDY CLUB
A fabulous night will be had by all as a stellar line up of acts* take to the stage including Gary Delaney, Mike Wilmot and Ian D Montfort. Support Children in Need this month by joining us and having a laugh as comedy purist Gary Delany spills out witty one liners and, possibly Newcastle’s finest export since the famous brown ale, Richard Morton spins his musical routine. Adding to the line-up is the award winning Canadian Mike Wilmot and Romesh Ranganathan with his cutting one liners and anti-social tendencies. Finally we welcome the extraordinary Ian D Montfort – a ‘psychic’ from Sunderland – who is the most recent creation of comedian Tom Binns. He was a massive hit at the 2010 Edinburgh Fringe and his comedy series, Ian D Montfort is Unbelievable, was broadcasted on BBC Radio 2 earlier this year.
All ticket proceeds, 50% of each See Ticket booking fee and a contribution of bar sales from Ampersand will all be donated to Children in Need from November’s Canary Wharf Comedy Club Monday 11 November 7.15pm (doors 6.30pm) East Wintergarden, 43 Bank Street, Canary Wharf, E14 Tickets £12 BOOKING seetickets.com or call 0871 220 0260 Booking fee applies. Tickets available on the door, subject to availability. Unreserved cabaret style seating. Full bar, food and cloakroom. Only items purchased on the premises may be consumed *The line-up is correct at time of press but may be subject to change. ✤ canarywharf.com
ARTS&EVENTS AFTER HOURS WITH…NOISETTES
ICE RINK CANARY WHARF
As the festive season draws nearer and the quest to find a unique and fun Christmas office outing looms, why not get your skates on and book your office party or just get your friends together on the Ice Rink Canary Wharf? Get the practice in and start to skate early this year to impress all your friends and family or go that extra mile and have lessons to really amaze them. If you’re out to impress someone special, the ice rink’s innovative skate path, which winds in between trees, is a perfect spot for romance.
The sensational duo Noisettes will be performing at the East Wintergarden this month with extraordinary singer and bassist Shingai Shoniwa and super talented guitarist Dan Smith playing an exclusive concert. With a career that has stretched over seven years, a string of hits already under their belt and a fashion following that could rival Grace Jones, Noisettes have built an unrivalled reputation. ✤ noisettes.co.uk
✤ icerinkcanarywharf.co.uk Tuesday 12 November 7.45pm (doors 7pm) East Wintergarden, 43 Bank Street, Canary Wharf, E14 Tickets £25
Until 16 February 2014 Open daily (except 25 December) Canada Square Park, Canary Wharf, E14 Times and ticket prices vary. Booking fee applies.
BOOKING seetickets.com or call 0871 220 0260 Booking fee applies. Tickets available on the door, subject to availability. Unreserved cabaret style seating. Full bar and cloakroom. Only items purchased on the premises may be consumed. ✤ canarywharf.com
BOOKING icerinkcanarywharf.co.uk / 020 7536 8400 In person at the Ice Rink Box Office GROUP AND PARTY BOOKINGS Email events@icerinkcanarywharf.co.uk / 020 7536 8400
TAKE PART IN TWO WORLD RECORD ATTEMPTS THIS NOVEMBER CONGA ON THE ICE AT THE ICE RINK CANARY WHARF
Support Children in Need this winter by joining the Ice Rink Canary Wharf in trying to break a world record for the longest Conga on Ice on Friday 15 November. Guinness Book of Records will be on site to adjudicate the activity and hopefully endorse the winning result. All they need is 300 willing participants who want to break a world record and raise funds for the worthy cause of Children in Need.
PENGUINS DASH FOR RICHARD HOUSE CHILDREN’S HOSPICE
Tuesday 12 November 6pm (registration and practice skate from 5pm) Ice Rink Canary Wharf, Canada Square Park, Canary Wharf, E14 For further details and information on how to sign up, email events@icerinkcanarywharf.co.uk or call 020 7536 8400.
Wednesday 13 November From 6.30pm Wood Wharf, Canary Wharf, E14
Make history and take part in a world record-breaking £15 for adults including penguin attempt – officiated by Guinness World Records costume Minimum sponsorship £100 representatives – for the largest gathering of people One child under 12 free with a dressed as penguins. Adult costumes are provided on paying adult registration and children can reserve outfits by emailing Pre-register by calling Hannah hannahb@richardhouse.org.uk or choose to to make their Bosley on 020 7540 0230 or email own and enter a fancy dress competition. But be warned hannahb@richardhouse.org.uk – under the Guinness World Record guidelines penguin outfits must include a beak, webbed feet and have a solid black and white body suit or shirt and trousers, and the chest area must be white with the arm area black. Different styles are encouraged but penguin costumes must meet these criteria to be counted. This attempt will then be followed by the charity’s annual sponsored Penguin Dash where everyone is invited to jog, walk or even waddle around Wood Wharf (2km) to raise vital funds for the Richard House Hospice.
www.canarywharf.com
@yourcanarywharf
TRAVEL
LUXURY ESCAPES | NEWS | REVIEWS | HOTELS
THE PERFECT TOUCH The Ferragamo family, of fashion fame, have announced they’re adding another stunning addition to The Lungarno Collection, their growing portfolio of luxurious hotels. Portrait Firenze will open its doors in the spring, offering guests a refined approach to hospitality, and one of the finest vantage points in Florence. Overlooking the Ponte Vecchio, these stunning haute couture-inspired suites and guest rooms feature hand-crafted furnishings, oversized beds and Carrara marble bathrooms. And, when you can eventually bear to leave your beautiful new surrounds, you’ll find the rich culture of Florence on your doorstep. ✤ portraitfirenze.com
PRIVATE PARADISE This December, Velaa Private Island in the Maldives will invite visitors to wash away those winter blues and soak up the summer sun. This island oasis is the perfect setting to unwind in; and with a spa offering six secluded treatment rooms over the island’s turquoise lagoon, how could you feel anything but relaxed? If wining and dining is high priority, you’ll be thrilled to discover the three restaurants, two bars and a wine cellar, with Michelin-star chef Adeline Grattard overseeing the resort’s signature restaurant, Aragu and Cru. ✤ velaaisland.com
ESCAPE
From long-haul retreats and weekend escapes to chic city stopovers and tropical hideaways, these are some of the world’s top haunts
THE ROYAL TREATMENT Indulge in a luxurious autumn escape this month, and make your base the beautiful BeauRivage Palace in Lausanne. This stunning hotel, steeped in history, has now opened two new private suites on the fifth floor, offering all the treatments available at Cinq Mondes Spa. One of the suites incorporates a very decadent spa suite, with two relaxation tables and a Jacuzzi, while the newly renovated Duplex Suite comprises two separate bedrooms and bathrooms and boasts an incredible view over Lake Geneva. ✤ brp.ch
News | ESCAPE
ROMAN HOLIDAY
1
A guide to where to eat, drink and sleep in Rome 1 Sip: STAVINSKIJ BAR (HOTEL DE RUSSIE) For exceptional cocktails, mixed by some of the most experienced barmen. ✤ Stavinskij Bar, hotelderussie,it
2 Savour: IL PAGLIACCIO For a refined dining experience and unmistakably unique cuisine. ✤ Il Pagliaccio, ristoranteilpagliaccio.com
3 Stay: PALAZZO MANFREDI For luxurious accommodation that strikes the perfect balance between old and new.
LUXURY LODGING
✤ Relais & Châteaux,
2
relaischateaux.com
3
2
This month, the award-winning pioneers in ecotourism, the Volcanoes Collection will relaunch its Mount Gahinga Lodge. Nestled in the foothills of the Virunga volcanoes in Uganda, the refurbushed lodge offers an enhanced level of luxury accommodation in a beautiful and untouched landscape. Each room now features its own fireplace, private terrace and a luxury modern bathroom. Visitors will also be offered an interactive experience with the indigenous Batwa community and an array of adventure activities, including, volcano-hiking, golden monkey-tracking and bird-watching. ✤ volcanoesafaris.com
IMAGE: Relais & Châteaux © Palazzo Manfredi
ENGLISH ROSE
Luxury chalet operator Premiére Neige has unveiled a stunning new addition to its portfolio within the French Tarentaise resort of Sainte Foy. Sleeping up to 16 guests, La Marquise is the operator’s second Platinum chalet, offering incredible uninterrupted views of the enchanting French Alps. Featuring beautiful designer furnishings, a suspended fireplace in the centre of the living room and your own fully equipped Elemis wellness centre, including sauna, massage and treatment room, and balcony hot tub, you’ll struggle to part with this incredible winter wonderland, when the season eventually comes to a close.
Rosewood Hotels & Resorts is quickly becoming one of the most respected luxury hotel groups in the world, and just last month, it launched a stunning new London property in the original Pearl Assurance Company headquarters in High Holborn. Having spent £85 million on renovations, the 1914 Edwardian Belle Époque building seamlessly blends English heritage with the contemporary sophistication of a Rosewood property. Offering 262 guest rooms and 44 suites, the hotel will feature 11 event spaces, including a ballroom. The Grade II-listed property features the original facade and the only grand courtyard arrival in the capital.
✤ premiere-neige.com
✤ rosewoodhotels.com
SKI ESCAPE
NOVEMBER 2013 THE CITY 105
ESCAPE | Destination
[DESTINATION]
DÜSSELDORF AIMEE LATIMER travels to Düsseldorf, Germany’s cultural capital WHERE TO STAY: Stage 47 The hotel Stage 47 sits just 500 metres from Düsseldorf’s central railway station. This little boutique hotel, with its handful of 27 uniquely decorated rooms and suites, is so rich in character it makes even a quick weekend away feel like a rewarding change of scenery. Stage 47 works in partnership with the Savoy Theatre and a nearby cinema, and this love of the arts influences every facet of the hotel, from its bohemian atmosphere to the floor-to-ceiling windows that flood light on to the art lining its walls. Be sure to warm up after a day of sightseeing, curled up in a comfy armchair in the beautiful wine lounge. ✤ stage47.de
WHERE TO EAT: Dr Thompson’s Originally a power station, the Italian Dr Thompson’s restaurant’s industrial interiors feature exposed metal-piping and vats scaling the ceiling above a cosy set of candlelit tables below, creating an atmosphere that is both stylish and intimate. After dinner be sure to wander through the on-site bar and club – the latter being easy to spot due to a huge chimney standing in the middle of the room. ✤ drthompsons.info
WHAT TO DO: Visit the Opera
From top to bottom: Lusia Miller
i 106 THE CITY NOVEMBER 2013
The opera house Opernhaus Düsseldorf works in partnership with Theater Duisburg. The two are linked by a transport network that buses artists, costumes and scenery between rehearsals. Throughout October, captivating performances of the operas Carmen and Lusia Miller will take place on the Opernhaus Düsseldorf stages. ✤ operamrhein.de
DON’T MISS: The architecture With more than 100 galleries and 26 museums, Düsseldorf is a city that embraces creativity, and this passion extends to its architecture. The city is easy to get around by foot, and a taking a gentle stroll is an excellent way to view its skyline up close. Be sure to stop by Frank Gehry’s famous Der Neue Zollhof, a complex with a rippled silver profile that shimmers by the city’s harbour. Or visit William Alsop’s Colorium; originally built to encourage urban development in the area, the colourful building is plated in a patchwork of 17 types of glass and aluminium.
SHORT BREAKS THAT LIVE LONG IN THE MEMORY LONDON CITY TO STOCKHOLM FROM £59 ONE WAY. Discover some of Europe’s most stylish cities from London City. As well as Stockholm, we have great fares available to Madrid and Venice. Book now at ba.com/londoncity To Fly. To Serve. To Europe.
Prices are per person based on the cheapest one-way Euro Traveller hand baggage only fares from London City Airport to selected European destinations; Geneva (GVA), Granada (GRX), Ibiza (IBZ), Malaga (AGP), Palma (PMI), Stockholm (ARN) and Venice (VCE) for travel between selected dates from 14th Oct 2013 to 31st March 2014, inclusive of taxes, fees and charges, correct as at 14/10/13, but may vary. Bookings must be made by 3rd Nov 2013. Availability may be extremely limited. For full terms and conditions please see www.ba.com/londoncity. Flights operated by BA CityFlyer.
0824407 297x210_Stockholm Madrid.indd 1
16/10/2013 10:03
W Los Angeles
Viceroy Santa Monica
Beverley Wilshire
Faye Dunaway at the Beverley Hills Hotel
Bel-Air Hotel
SLS Hotel Beverley Hills
Feature | TRAVEL
HOLLYWOOD’S FINEST Eternally renowned for delivering glitz and glamour in spades, Hollywood’s more iconic hotels still represent Hollywood’s heyday, just as a new generation of sexy, trendy hotels are playing their part in movieland’s history WORDS: ROWENA MARELLA-DAW
T
HAT MYTHICAL PERIOD known as Hollywood’s Golden Age (1930 – 1960) placed Los Angeles on the map as the movie capital of the world. Screen goddesses such as Greta Garbo, Rita Hayworth and Marilyn Monroe, matinee idols Clark Gable, Kirk Douglas and Errol Flynn were ambassadors of style and elegance; as likely to get papped around town as today’s superstars – but minus the retinue of surly bodyguards. The swish LA hotels where they would dine, party, or take up residence while filming became legends in their own right – exclusive addresses where movie moguls hammered out deals, gossip columnists spied on the famous, and secret affairs were conducted behind closed doors. Fast-forward to the 21st century, and the concept of glamour in the sprawling City of Angels seems illusive. The dynamics of fame, driven by social media, has eroded that sense of awe and mystique. Back in the day, a ‘star’ was a rarified being; these days, appearing in a reality show is all it takes. Still, the allure of Hollywood endures, and although dress codes may have gone, checking into the coolest Tinseltown address is as essential as ever.
HOTEL IN THE HILLS
larger bungalows and suites were added, while older ones were refreshed in contemporary style. However, many of the hotel’s original exterior features remain. The oval-shaped pool, once the stable’s riding ring, is where Marilyn Monroe posed for Vogue just weeks before her tragic death in 1962. The images are immortalised in the book The Last Sitting. The much sought-after Grace Kelly suite was where Marilyn Monroe the late actress stayed for her post-Oscar at the Beverly Hills Hotel photoshoot prior to her marriage to Prince Rainier Grimaldi III. The tree-shaded entrance, over a small bridge and stream, is as famous as it is seductive. ✤ hotelbelair.com
THE PINK PALACE Back on Sunset, you can’t miss the Beverly Hills Hotel’s legendary pink façade. Instead of the gleaming Cadillacs of years past, Ferraris and BMWs now queue for valet parking, while the red carpet creates a sense of grandeur as guests enter the elegant lobby. The hotel celebrated its 100th anniversary last year, making it Beverly Hills’ first historic landmark. Nicknamed the ‘Pink Palace’, the hotel’s stellar features are its private bungalows, tucked within 12 acres of tropical gardens and winding pathways. Each like a spacious private home with its own character, they have high ceilings, fireplaces and their own pool. Liz Taylor loved the hotel so much, she spent her honeymoon there with six of her eight husbands (not at the same time), although it was the regular room service of two bottles of vodka that Liz and Richard had for breakfast that made history. Marilyn Monroe stayed mostly in Bungalows One and Seven. Humphrey Bogart, Warren Beatty and Michael Jackson were among the hotel’s illustrious guests, and movie mogul Howard Hughes lived there on and off for 30 years. Within the hotel walls, Wall Street
Once a favourite sanctuary for stars like Elizabeth Taylor and Cary Grant, today it’s Tom Cruise or Oprah Winfrey you’re more likely to bump into
Curve off Sunset Boulevard towards the hills to find one of the grande dames of Hollywood. The Bel-Air hotel opened in 1946 within an exclusive enclave among the winding canyons of LA. This secluded setting, surrounded by lush gardens, has always been a popular retreat with the affluent, famous and powerful. Once a favourite sanctuary for stars like Elizabeth Taylor and Cary Grant, today it’s Tom Cruise or Oprah Winfrey that you’re more likely to bump into. After a two-year renovation, completed in 2011,
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Beverly Wilshire
Bel-Air Hotel in 1951
W Los Angeles
Audrey Hepburn at the Beverly Hills Hotel
trader Ivan Boesky turned government informant, wearing an FBI wire during a meeting with junk-bond supremo Michael Milken. As famous as the Bungalows, the Polo Lounge has also been a staple of Hollywood social life for decades. Multi-million dollar deals were done here, classic movies were shot and everyone from Alfred Hitchcock to Angelina Jolie have dined and partied inside its walls. Just outside, the Polo Lounge Loggia is famed as the power-breakfast spot. Divas and wannabes sashay by the famous pool, once a movie-star hangout and now lined with cabanas – the hottest places for cocktails and celebrity-spotting in one of the town’s most iconic venues. ✤ beverlyhillshotel.com
LOCATION, LOCATION, LOCATION
artisans. The main lobby retains the grandeur of the past with modern aesthetics, while the suites are elegant with spacious marble bathrooms – the best ones facing Rodeo Drive. A veritable who’s-who of Hollywood have guested here, including Elvis Presley, who received balloons containing love notes floated up to his balcony by devoted fans. The hotel’s pool area is small, but apparently modelled after Sophia Loren’s luxury villa in Italy. In the tranquil spa next door you can relax and watch a movie while sipping Champagne as the lovely ladies at the nail bar give you the star treatment. Be sure to reserve a table at CUT, Wolfgang Puck’s premier restaurant within the hotel, where Hollywood’s famous players are often seen dining. Next morning, you never know who you might spot at breakfast or lunch in The Boulevard restaurant, where tempting dishes are served up by cheerfully attentive staff. If you prefer, the outdoor patio on Wilshire Blvd and Rodeo Drive is great for coffee and surveying the glossy stores across the road. And if you fancy a tour around town, do it in style in the hotel’s own chauffeurdriven convertible. As a major awards venue, the BW has class in abundance.
A veritable who’s-who of Hollywood have guested here, including Elvis Presley, who received balloons containing love notes floated up to his balcony by devoted fans
Slap-bang in the middle of LA’s super-exclusive Rodeo Drive, you won’t find a more glamorous address than the Beverly Wilshire. Wealthy guests from around the world stay here for the red-carpet experience and retail therapy. The historic hotel, opened in 1928, was built on the site of the former Beverly Auto Speedway, where Model T Ford races were held on Sunday afternoons. It’s come a long way since, and those who remember the film Pretty Woman (1990) will recognise the hotel’s façade when it was still the Regent Beverly Wilshire. These days it operates under the Four Seasons banner. Driving in, you’ll enter through wrought-iron gates and onto a cobblestone driveway designed by Italian
✤ fourseasons.com/beverlywilshire
BOHO CHIC Like any fashionable city, Hollywood has its share of smart boutique hotels. Among the A-list is the W Los Angeles-Westwood, situated in the hip enclave known as Westwood Village, close to Bel-Air and Beverly Hills
Feature | TRAVEL
and home of the UCLA (University of California Los Angeles) campus. The all-suite hotel, with its rich, moody lighting, is a magnet for the town’s trendy players and media types, who hover amid the sleek interiors and chill-out zones of the lobby. The Whiskey Blue lounge is great for kicking back with handcrafted cocktails, such as the Grapefruit Basil Martini. The Backyard is classier than the name suggests – an alfresco dining area adjacent to the pool, with cabanas and a mobile bar inside a vintage 1963 Airstream Bambi trailer. The pool area is frequently used for fashion shoots, and occasionally doubles up for Miami in movies. Go for the Penthouse suites with retro interiors bordering on edgy bohemian, and chill out at the Bliss spa for a totally trendy W experience.
Beverly Wilshire
explore Santa Monica’s lively neighbourhood, shops and eateries along the 3rd Street Promenade. Don’t miss the chance to amble, cycle or rollerblade along Venice Beach to engage with its artistic and off-thewall denizens, not to mention its beach community of joggers, surfers and volleyball players. Muscle Beach, after all, is where Arnold Swartzenegger used to frequent. ✤ viceroyhotelsandresorts.com/santamonica
DESIGNER DELIGHTS
Beverly Wilshire
✤ wlosangeles.com
PARTY BY THE OCEAN Those who like to party hard set the GPS for Viceroy Santa Monica – especially on Friday and Saturday nights. Even the décor here has attitude – bold white leather loungers and snazzy fixtures in monochrome, mostly obscured by a heaving crowd of beautiful people determined to out-dress and out-shout one another. For guests contemplating a quiet night with a cocoa, this isn’t the place. The walls are thin, so best to either join the crowd or take a walk along the famous Santa Monica Pier, full of life and lights at night. When the Viceroy’s bar gets full, the party crowd spills onto the pool area – the perfect setting for socialising on a warm evening. Next morning, while hangovers are being slept off, the restaurant and lounge areas offer a quiet respite from the night’s action. The Viceroy’s vibrant energy is a great draw to young Angelenos and foreign guests alike — with staff who are friendly and attentive. It’s also the perfect base to
Viceroy Santa Monica
Combine the vision of hotelier Sam Nazarian, the innovative designs of Phillippe Starck and the culinary brilliance of chef José Andrés, and you get the singular SLS Hotel Beverly Hills, a favourite hotspot for Hollywood-ites in the loop. Quirky, eccentric and downright funky, the whole place has an Alice in Wonderland feel. Innovative designs surround you; a deer head made of glass hangs above the fireplace at Tres restaurant; silver lamp stands in the shape of machine guns; chairbacks printed with animal heads… you get the picture. It’s tempting to linger after a meal just to absorb the atmosphere, and maybe even get some inspiration. Breakfast at Tres is a delight, not just for its eclectic elegance, but also for the ingenious menu. Perhaps California’s answer to Heston Blumenthal, José Andrés injects tons of Spanish passion, texture and flavour into his traditional tapas and dishes enhanced by molecular gastronomy, best experienced at the amazing Bazaar restaurant next door. As expected, the room décor is luxuriously quirky, with a TV cleverly disguised behind a tinted full-view mirror. By the rooftop Altitude pool, SLS Hotel Beverley Hills oversized picture frames add drama to panoramic views of downtown Los Angeles and the iconic Hollywood sign. It’s also a place frequented by the Hollywood media set for pool parties – an Emmys party being one of the most recent. As one guest describes it, SLS has a funky, ‘LA rock-star’ feel to it, but much better-looking. ✤ slshotels.com/beverlyhills
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-W E
AK
A HIGHLAND FLING GLENEAGLES HOTEL
There’s nowhere better to experience the heather-and-thistle ambience of the Scottish Highlands than the imposing and luxurious Gleneagles Hotel WORDS & IMAGES: NICK SMITH
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OR GOLFING AFICIONADOS, it goes without saying that Gleneagles is paradise on earth, its very name conjuring up the magic of a sport whose heart is in Scotland. There can be few of us unaware that this classic course will host the Ryder Cup in 2014. In the same year, the legendary Gleneagles Hotel, so perfect for a weekend getaway, will celebrate its 90th anniversary as the ‘Riviera of the Highlands.’ From the professional championship courses down to a ‘pitch and putt,’ there is something for everyone at Gleneagles. The clubhouse stocks just about everything the modern golfer could ever require to look and play at their best, while there is a fantastic array of golfing books to complement any collector’s library. But for me, the real joy of Gleneagles is that everywhere there are antique paintings, trophies, mementos and memorabilia that will have historians of the sport wandering the hotel and grounds in a state of advanced salivation. Of course, not everyone plays golf. If you fall into that category there’s no need to feel left out, as there are plenty of activities that will give you the feeling of living on a Scottish estate for the weekend. Clay pigeon shooting is a fine way to idle away a few hours, and although it’s fiendishly difficult, the tuition is excellent and you’ll come away having hit your mark at least once or twice. For those preferring their birds both real and alive, there is a splendid opportunity to sample the ‘sport of kings.’ The beginner’s falconry sessions are a wonderful way to experience first-hand the
excitement of a bird of prey soaring from your gloved hand and returning, wings outstretched, lured by a morsel of meat. And if that doesn’t appeal, there’s wildlife photography tuition, fly-fishing in the Gleneagles trout lochs, off-road driving and equestrianism. But for all the outdoor adventures on offer, it pays well to remember that Gleneagles is a place where you can really relax. Despite its somewhat formidable façade, the hotel is warm and welcoming. If fine-dining, wines and whiskies are your thing, you’ll never want to leave. The Strathearn restaurant specialises in classic French and Scottish cuisine, where the ‘at table’ service is not only of the best, but also visually stunning, as dishes are carved and flambéed before your eyes. This sense of drama is only increased by the elegance and grandeur of the restaurant, which makes you regret not wearing blacktie for dinner, a dress code positively encouraged (but jacket and tie will do). Everything about Gleneagles is special, even your departure. If your travel arrangements will bear it, make a point of leaving by rail. One of the most lovely and unexpected details, that will stay in the mind forever, is that the hotel has its own station. Not only that, it looks remarkably like something out of a Harry Potter movie. Sleepily sequestered in a nostalgic past and festooned with wild flowers, the station has such a wonderful atmosphere that, as your train heads back to London, you’ll find it hard to disagree with Scotland’s favourite son, Rabbie Burns, who famously wrote that his heart was in the Highlands. ✤ gleneagles.com
Weekend Break | ESCAPE
IT’S GOOD TO FEEL ‘BLUE’ Wherever you taste the delights of Johnnie Walker Blue Label Whisky, you’re in for a terrific experience. But there can be few better places to really get an authentic feel for this stunning blend than the Blue Bar at Gleneagles. A sleek, alfresco space with a fire pit and soft blue lighting, the ambience of this ‘invitation only’ bar is best explored at night, says James Hill, whisky expert and ‘Super Deluxe Ambassador’ with Johnnie Walker. He’s leading me through a tasting of several of his labels, including the sumptuously bright and colourful Gold Label Reserve. But the highlight is the world-famous Blue in its distinctive square bottle, its label set at a jaunty 24 degrees. ‘It’s all about nuance and style,’ says James, before extemporising on an elaborate taste journey combining dry smoke with sweet raisins. He invites us to describe the exquisite diversity of flavours that come rushing to the palate. There is honey and hazelnut, rose petals and citrus, a long finish of spice and more smoke. James tells me there’s a snobbery that goes along with blends, leading many to think they’re somehow inferior to single malts. But at Johnnie Walker, which produces the finest blends in the world, ‘we don’t believe that age statements or location specificity alone are enough to conjure up a masterpiece like the Blue.’ As the evening drifts into night, it’s perfectly obvious that for whisky connoisseurs, the Blue Bar is one of those places you simply must visit. johnniewalker.com
NOVEMBER 2013 THE CITY 113
THE DIRECTORY Whether you want to dine or to drink, to purchase gorgeous gifts and stylish outfits, to keep fit or to be pampered, the City is home to a wealth of services and amenities COLLECTION
HEALTH & BEAUTY
BACHET
AJALA SPA
12 The Courtyard
10 Godliman Street
020 3405 1437
020 7074 1010
bachet.fr
www.ajalaspa.com
BOODLES
CHEQUERS BEAUTY
VIRGIN ACTIVE 5 Old Broad Street, 0845 270 4080 virginactive.co.uk BARBER EXPRESS LTD 14 Devonshire Row 020 7377 5485
2 & 3 The Courtyard
SALON
Royal Exchange
53-54 Leadenhall Market
020 7283 7284
020 7283 3047
CITY HEALTH & FITNESS
boodles.com
chequersbeauty.co.uk
Club London
BULGARI 15 The Courtyard Royal Exchange 020 7283 4580 bulgari.com ERNEST JONES Unit 3, Plantation Place 020 7929 4491 ernestjones.co.uk GOLDSMITHS 186-190 Bishopsgate 020 7283 6622 goldsmiths.co.uk
ELYSIUM SPA 21 Old Broad Street 020 7256 8624 elysiumfortytwo.co.uk ESSENTIAL THERAPY 39 Whitefriars Street 020 7353 1895 essential-therapie.co.uk OPTIX 175 Bishopsgate 020 7628 0330 optixuk.com
barberexpress.co.uk
020 7929 5656 artisangalleries.com KIEHLS Unit 14/15, Royal Exchange 020 7283 6661 kiehls.co.uk JO MALONE 24 Royal Exchange
8-10 Cooper’s Row
08701 925131
cityhealthclub.co.uk
jomalone.co.uk
FET TER BARBERS LTD
LIGNE ROSSET
144 Fetter Lane
7-39 Commercial Road
020 7702 3553
020 7426 9670
fetterbarbers.com
ligne-roset-city.co.uk
F FLIT TNER
PAUL A YOUNG FINE
86 Moorgate
CHOCOLATES
020 7606 4750
20 Royal Exchange
fflittner.com
020 7929 7007 paulayoung.co.uk
LONDON CITY RUNNER 10 Ludgate Broadway
SMILEPOD BANK STUDIO
9 Royal Exchange
Leadenhall Market
020 7623 3626
off Fenchurch Street
gucci.com
18-20 Cullum Street
NICHOLSON & GRIFFIN
020 7836 6866
74 Cannon Street, EC4N 6AE
smilepod.co.uk
020 7489 8551
HERMES
ARTISAN FINE ART 35 Royal Exchange
Grange City Hotel,
GUCCI
12-13 Royal Exchange
RETAIL
020 7329 1955 londoncityrunner.com
nicholsonandgriffin.com
PENHALIGON’S 4 Royal Exchange 020 7623 3131 penhaligons.com SMOKER’S PARADISE 33 Royal Exchange 020 7626 6078 smokersparadise.8m.com
020 7626 7794
THE HARLEY
hermes.com
MEDICAL GROUP
TED’S GROOMING ROOM
LINKS OF LONDON
Marc House
120 Cheapside
27 Royal Exchange
Great Street
020 7367 9932
020 7621 0021
0800 022 3385
tedsgroomingroom.com
moltonbrown.com
27 Broadgate Circle 020 7628 9668
MOLTON BROWN
linksoflondon.com
harleymedical.co.uk
TOWER BRIDGE HEALTH &
PAUL SMITH
MONTBLANC
THE PRIVATE CLINIC
FITNESS CLUB
Unit 7, The Courtyard
10-11 Royal Exchange
107 Cheapside
47 Prescot Street
Royal Exchange
020 7929 4200
0800 599 9911
020 7959 5050
020 7626 4778
theprivateclinic.co.uk
grangehealthclubs.com
paulsmith.co.uk
montblanc.com
1 Lombard Street
Hawksmoor Guildhall
Copa de Cava
FASHION
BARS & PUBS
RESTAURANTS
AGENT PROVOCATEUR
1 LOMBARD STREET
1901 AT ANDAZ HOTEL
5 Royal Exchange
1 Lombard Street
40 Liverpool Street
020 7623 0229
020 7929 6611
020 7618 7000
agentprovocateur.com
1lombardstreet.com
andazdining.com
BULGARI
ANISE BAR
ANOHKA INDIAN
15 The Courtyard, Royal Exchange
9 Devonshire Square
RESTAURANT ST. PAULS
020 7283 4580
020 3642 8679
4 Burgon Street
bulgari.com
ANTHOLOGIST
020 7929 7015
BRASSERIE BLANC
theanthologistbar.co.uk
60 Threadneedle Street
25 Royal Exchange 0207 929 2111 crockettandjones.com HARRYS OF LONDON 18 Royal Exchange 020 7283 4643 harrysoflondon.com LORO PIANA 2-3 Royal Exchange
020 7588 4643 BAR BATTU 48 Gresham Street 020 7036 6100
GRAND CAFÉ The Courtyard, Royal Exchange 020 7618 2480 royalexchange-grandcafe.co.uk
anokha-indian.com
0845 468 0101
BALLS BROTHERS
grappololondon.com
HAZ RESTAURANT
28 Royal Exchange
11 Blomfield Street
020 7842 0510
Plantation Place
58 Gresham Street
CROCKETT & JONES
GRAPPOLO 1 Plough Place
020 7236 3999
CHURCH’S
church-footwear.com
Sushisamba
020 7710 9440 brasserieblanc.com CAFFÉ CONCERTO One New Change 020 7494 6857 caffeconcerto.co.uk
barbattu.com
CAMINO SAN PABLO
PRISM
33 Blackfriars Lane
147 Leadenhall Street
020 7125 0930
020 7256 3888
camino.uk.com
6 Mincing Lane 020 7929 3173 hazrestaurant.co.uk HIGH TIMBER RESTAURANT 8 High Timber Street 020 7248 1777 hightimber.com MADISON RESTAURANT 2 New Change 020 8305 3088 madisonlondon.net MINT LEAF LOUNGE 12 Angel Court
020 7398 0000
VERTIGO 42
CHEZ GERARD
020 7600 0992
loropiana.com
Tower 42, Old Broad Street
14 Trinity Square
mintleaflounge.com
020 7877 7842
020 7213 0540
vertigo42.co.uk
chezgerard.co.uk
020 7332 0573
HAWKSMOOR GUILDHALL
CINNAMON KITCHEN
020 7375 2568
hugoboss.com
10-12 Basinghall Street
9 Devonshire Square
individualrestaurantcompanyplc.co.uk
020 7397 8120
020 7626 5000
thehawksmoor.com
cinnamon-kitchen.com
020 7236 3635
COPA DE CAVA
FORA RESTAURANT
Royal Exchange
1-2 Royal Exchange Buildings
33 Blackfriars Lane
34-36 Houndsditch
020 7618 2483
020 7626 2782
020 7125 0930
020 7626 2222
sauterelle-restaurant.co.uk
karenmillen.com
cava.co.uk
forarestaurants.co.uk
L.K. BENNETT
SEARCYS CHAMPAGNE BAR
GAT TIS RESTAURANT
Floors 38 and 39
One New Change
One New Change
1 Finsbury Avenue
Heron Tower
020 7236 4711
020 7871 1213
020 7247 1051
020 3640 7330
lkbennett.com
searcyschampagnebars.co.uk
gattisrestaurant.co.uk
sushisamba.com
HUGO BOSS One New Change
KAREN MILLEN One New Change
PICCOLINO RESTAURANT 11 Exchange Square
RESTAURANT SAUTERELLE The Courtyard
SUSHISAMBA
NOVEMBER 2013 THE CITY 115
LONDON HOMES&
PROPERTY SHOWCASING THE FINEST HOMES IN YOUR AREA
C O V E R I N G WA P P I N G , S H A D T H A M E S , S H O R E D I T C H , I S L I N G T O N & T H E C I T Y
A Fresh Start THE EXPERTS COMMENT ON THE CHANGING MARKET
Image courtesy of Ralph Lauren Home ralphlaurenhome.com
homes & property
EXPERT COMMENT LETTINGS:
SALES:
The glass is half full
Patience is a virtue
RAHNA STROUD, ASSOCIATE AT KNIGHT FRANK
JOANNA HEATON, ASSOCIATE AT KNIGHT FRANK
IN WAPPING, COMMENTS ON THE TRENDS IN THE
IN WAPPING, COMMENTS ON THE TRENDS IN THE
RESIDENTIAL LETTINGS MARKET
RESIDENTIAL SALES MARKET
Although increased buying activity has put downward pressure on rents in Prime Central London, dropping by 0.2 per cent in August, we remain positive. Rents in Prime Central London are still only 4.6 per cent lower than the peak of the market in September 2011, and 22 per cent higher than the lowest point in 2009. In Wapping historically the strongest rental demand came from applicants working in the financial services industry; however demand is still strong despite the uncertainty in the financial sector employment market in London, particularly for corporate lettings. I believe this is thanks to expansion in the technology, media and telecoms sector. The Knight Frank Prime Global Rental Index has shown that although Prime rents have been falling in the Global Financial centres of New York and London, in emerging markets, such as Nairobi and Dubai, Prime rents have been rising by 24.2 per cent, and 15 per cent respectively, and we expect Africa and the Middle East to top the rankings well into 2014. n
Throughout autumn we’ve observed a significant deterioration in supply, most uncommon for this time of the year. This is very disappointing for buyers looking for property in the area, and those wanting to be in by Christmas, especially when buying a leasehold property. Demand from buyers remains strong and competition is rife for new properties coming onto the market. Many buyers currently expect to pay in excess of the asking price, but the lack of availability is causing much frustration. The rapidly changing skyline of new commercial constructions is stimulating interest from corporations in the City district, and this has pushed demand upwards on the limited residential properties in the area. This year, prices in the City have increased by 10.2 per cent to date, contributing to the growing demand in Wapping, where the vast majority of applicants wish to be within close proximity to the City. We’ve also noted an increase in newly registered buyers, coming from all over London, while developers fill every gap in the area to meet growing demands. In our prime market, availability is very hand to mouth and supply fluctuates dramatically. Purchasers are still willing to pay a premium for the right property, and many lucky sellers are seeing exciting prices being achieved. Despite others success, many property owners are choosing to keep and let their properties, while they observe a strong lettings market, and consider the potential for future return to the area. The most common cause of selling we observe, are families wishing to move to the suburbs for houses and larger gardens, however many European families in Wapping love the area, and have no intention of leaving. It’s a long game of patience – good luck! n
Knight Frank Wapping 020 7480 6848 www.knightfrank.co.uk/wapping
Knight Frank Wapping 020 7480 6848 www.knightfrank.co.uk/wapping
118
KnightFrank.co.uk KnightFrank.co.uk
The Glasshouse, London Bridge Narrow Street, Limehouse E14 SE1 Eclectic conversion of a former garage Unique three storey freehold warehouse
With a stunning glass studio set on top of the original building and living space Three bedroom wealth of internal views over inspired by the property colours ofoffering Mexico,a this amazing jewelaccommodation and offers a totally flexible work/live the Limehouse bedrooms, 2 bathrooms, 2 reception open plan opportunity in Cut. 3 the hugely popular London Bridge Quarter.rooms, The building is currently kitchen, double garage. Approximately 288 sq flat, m ﴾3,100 ft﴿ two roof terraces. EPC rating D. arranged with artist’s studio, three bedroom shop,sqand Approximately 430 sq m (4,628 sq ft) Freehold Freehold Guide price: £2,950,000 Guide price: £4,250,000
﴾CWQ130187﴿ (WAP120053)
KnightFrank.co.uk/Canary-Wharf KnightFrank.co.uk/wapping cwharf@knightfrank.com wapping@knightfrank.com 020 020 3641 81666112 5371
KnightFrank.co.uk Queens Quay, City EC4V Outstanding views
Fantastic third floor apartment to rent on Upper Thames Street in the City of London. 2 bedrooms, 2 bathrooms and a bright and spacious open plan kitchen and reception room, and outstanding views of the river Thames. EPC rating D. Approximately 76 sq m ﴾820 sq ft﴿ Available furnished Guide price: £750 per week
Wapping Lettings KnightFrank.co.uk/lettings wappinglettings@knightfrank.com 020 8166 5366 ﴾WAQ185759﴿
The Heron, City EC2Y Brand new studio flat
Stunning 16th floor studio suite to rent in the brand new and outstanding Heron development in the middle of the City. Bedroom area, bathroom suite, reception and kitchen area and a balcony. EPC rating C. Approximately 39 sq m ﴾412 sq ft﴿ Available unfurnished Guide price: £525 per week
Wapping Lettings KnightFrank.co.uk/lettings wappinglettings@knightfrank.com 020 8166 5366 ﴾WAQ186599﴿
City Magazine Nov 13 Queens Quay Heron - 08 October 2013 - 43250
08/10/2013 17:05:53
C
KnightFrank.co.uk The Heron, City EC2Y Brand new studio flat
Luxurious studio apartment in the brand new Heron development on Moor Lane in the City. Bedroom area, bathroom suite, spacious reception and kitchen area, and a balcony with superb views. EPC rating C. Approximately 38 sq m ﴾408 sq ft﴿ Available furnished Guide price: £595 per week
Wapping Lettings KnightFrank.co.uk/lettings wappinglettings@knightfrank.com 020 8166 5366 ﴾WAQ186647﴿
NEO Bankside, Southbank SE1
Seventh floor apartment State of the art seventh floor apartment in the NEO Bankside development. 3 bedrooms, 2 bathrooms ﴾1 en suite﴿, a modern well‐ equipped kitchen and a spacious living room with floor to ceiling windows and window garden. EPC rating C. Approximately 164 sq m ﴾1,767 sq ft﴿ Available furnished Guide price: £1,300 per week
Wapping Lettings KnightFrank.co.uk/lettings wappinglettings@knightfrank.com 020 8166 5366 ﴾WAQ172750﴿
City Magazine Nov 13 NEO Heron - 08 October 2013 - 43259
18/10/2013 13:26:09
KnightFrank.co.uk
Waterside Point, Battersea SW11 Duplex penthouse with Albert Bridge views
A contemporary penthouse apartment in one of the riverside’s most sought after buildings, close to Battersea Park and with views of Albert Bridge, the park and London’s roof tops. Arranged over two floors with exceptional outside space. Excellent proximity to attersea Park. 3 bedrooms, 3 bathrooms, 2 reception rooms, kitchen, dining area, 3 terraces. EPC ating C. Approximately 330 s m (3,5 0 s ft) Share of freehold uide price 5, 50,000 (
1301 0)
KnightFrank.co.uk/riverside riverside@knightfrank.com 020 3597 7670
KnightFrank.co.uk
Narrow Street, Limehouse E14 Unique three storey freehold warehouse
Three bedroom property offering a wealth of internal accommodation and views over the Limehouse Cut. 3 bedrooms, 2 bathrooms, 2 reception rooms, open plan kitchen, double garage. Approximately 288 sq m ﴾3,100 sq ft﴿
KnightFrank.co.uk/Canary‐Wharf cwharf@knightfrank.com 020 3641 6112
Freehold Guide price: £2,950,000
﴾CWQ130187﴿
CW & The City Mag November -sales - 10 October 2013 - 43378
15/10/2013 09:34:20
Canary Wharf IN NUMBERS
Find out about the Canary Wharf residential property market. In detail. In focus. In numbers. Visit savills.co.uk/canary-wharf
Lauren Ireland 020 7456 6800 lireland@savills.com
savills.co.uk
savills.co.uk
1 BREATHTAKING APARTMENT WITH PANORAMIC VIEWS ACROSS LONDON gainsborough studios west, n1 Open plan living/kitchen/dining room ø 2 double bedrooms suites ø utility room ø guest cloakroom ø 6 terraces in excess of 1,500 sq ft ø 2 underground parking spaces ø 197 sq m (2,127 sq ft) ø EPC=D
Guide £2.5 million Leasehold, approximately 987 years remaining
Savills Islington Paul Williams pwilliams@savills.com
020 7226 1313
savills.co.uk
1 HANDSOME VICTORIAN TERRACED FAMILY HOME IN HIGHBURY pyrland road, n5 Through reception room ø playroom ø kitchen/breakfast room ø 5 double bedrooms ø 2 bathrooms ø w.c. ø utility space ø front and rear gardens ø 205 sq m (2,205 sq ft) ø EPC=E
Guide £1.725 million Freehold
Savills Islington Paul Williams pwilliams@savills.com
020 7226 1313
1 2
savills.co.uk
UPPER MALL, w6
WHITEHOUSE APTS, se1
4 reception rooms ø open plan kitchen ø 5 bedrooms ø 4 bathrooms ø balcony over looking river ø garden ø 357 sq m (3,832 sq ft) ø EPC=D
Reception room ø kitchen ø 2 bedrooms ø 2 bathrooms ø terrace ø underground parking ø 24hr concierge ø 128 sq m (1,380 sq ft) ø EPC=E
Guide £4.5 million Freehold
Guide £2.7 million Leasehold
3 4
Savills Chiswick sgretton@savills.com 020 8877 4823
Savills Docklands nefthymiou@savills.com 020 7456 6800
COPTAIN HOUSE, sw18
MARINA POINT, sw6
Reception room ø kitchen ø 2 bedrooms ø 2 bathrooms ø balcony ø underground parking space ø 24hr concierge ø 112 sq m (1,210 sq ft) ø EPC=C
Reception room ø kitchen ø 2 bedrooms ø 2 bathrooms ø balcony ø communal gardens ø 24 hr concierge ø 101 sq m (1,087 sq ft) ø EPC=B
Guide £1.15 million Leasehold
Guide £950,000 Leasehold
Savills Wandsworth fmoynihan@savills.com 020 8877 4823
Savills Fulham - Parsons Green fmoynihan@savills.com 020 8877 4823
1 2
savills.co.uk
WHITEHOUSE APTS, se1
CINNABAR WHARF, e1w
Reception room ø kitchen ø 2 bedrooms ø 2 bathrooms ø terrace ø underground parking ø 24hr concierge ø 128 sq m (1,380 sq ft) ø EPC=E
Reception room ø kitchen ø 3 bedrooms (2 en suite) ø 24hr concierge ø terrace ø 153 sq m (1,651 sq ft) ø EPC=C
Guide £2.7 million Leasehold
Offers in excess of £2 million Leasehold
3 4
Savills Docklands nefthymiou@savills.com 020 7456 6800
Savills Docklands mmacfarlane@savills.com 0207 456 6800
THE JAM FACTORY, se1
OLIVER'S WHARF, e1w
Reception room ø open plan kitchen ø 2 bedrooms ø 2 bathrooms ø terrace ø concierge ø parking ø 146 sq m (1,578 sq ft) ø EPC=C
Reception room ø open plan kitchen ø 2 bedrooms ø 2 bathrooms ø river views ø porterage ø 110 sq m (1,185 sq ft) ø EPC=C
Guide £1.299 million Leasehold
Guide £950,000 Leasehold
Savills Docklands nefthymiou@savills.com 020 7456 6800
Savills Docklands mmacfarlane@savills.com 0207 456 6800
savills.co.uk
1 STUNNING 3 BEDROOM REFURBISHED HOUSE ockendon road, n1 3 reception rooms ø kitchen ø 3 bedrooms ø 1 bathroom ø w.c. ø landscaped garden ø administration charges apply ø Council Tax=G ø EPC=F
£995 per week Furnished
Savills Islington Jonathan Woodwark jwoodwark@savills.com
020 7354 6701
1 2
savills.co.uk
WEST INDIA QUAY, e14
CALICO HOUSE, ec4m
3 double bedrooms ø 3 bathrooms ø reception room ø allocated parking ø 24hr porterage ø administration charges apply ø EPC=B ø Council Tax=H
2 bedrooms ø 2 bathrooms ø reception rooms ø concierge ø administration charges apply ø Council Tax=F ø EPC=E
£2,100 per week Furnished
£700 per week Furnished
3 4
Savills Canary Wharf lbrunning@savills.com 0207 531 2523
Savills Docklands brodgers@savills.com 020 7456 6800
PROVIDENCE WHARF, e14
THE HERON, ec2y
2 bedrooms ø 2 bathrooms ø allocated parking ø balcony ø 24hr porterage ø residents leisure facilities ø administration charges apply ø Counil Tax=F ø EPC=C
Studio, 1 & 2 bedroom apartments available ø porterage ø on site residents leisure facilities ø parking by separate negotiation ø administration charges apply
£625 per week Furnished
£525 - 1200 per week Furnished
Savills Canary Wharf ibates@savills.com 020 7531 2522
Savills Docklands brodgers@savills.com 020 7456 6800
homes & property
INSIDER KNOWLEDGE NOVEMBER 2013 RICHARD PINE-COFFIN, DIRECTOR OF RESIDENTIAL AT JONES LANG LASALLE, SHARES HIS KNOWLEDGE OF THE RESIDENTIAL PROPERTY MARKET
Is London currently facing an undersupply of housing? And if so, how is this set to impact the course of London’s house prices over the next few years? The provision of new stock into the London residential market has proved to be an issue for many years, and it is not a situation likely to be resolved in the immediate future. The capital is generally surrounded by Green Belt land, which is protected from development by current planning rules. However, although these rules have eased slightly in recent years, they could be considered to restrict housing supply. The central Boroughs are witnessing an increase in high rise residential blocks not seen in the UK before and whilst they will seek to address the shortage of housing to some extent, demand is clearly out stripping supply. A recent report by the House Builders Federation shows a 49 per cent rise in planning approvals across the UK for new homes in the first half of 2013, which is 28 per cent up on the previous year. If all the consented schemes where to be built out in the year this would provide in excess of 76,000 new homes: a significant provision until consideration is given to the estimated annual requirement of 220,000. Whilst supply has improved the disparity between demand and supply is disproportionate.
What advice would you give to buyers looking to upgrade within London? Arguably there are two forms of ‘upgrades’ in the market. The first is a straight forward improvement on the current property in respect to size; moving from a flat to a house, gaining additional space and so on. The second is based upon location usually driven by local amenities. Moving home is undeniably expensive; consider the costs carefully including the tax liabilities, agents/legal costs and ancillary commitments such as the physical removal. It may prove more cost effective to improve or extend your current property although this is not always practical. The key question is why a move is considered necessary and detailed research is strongly advised in this matter. For example, are you moving for local schools or transport? Once studied and the search criteria is analysed, understand the market you are moving into and be ready to move quickly when the right property is found. A move invariably involves a compromise in some form, be willing to consider whether this can be overcome and be sure that when you come to sell it will not be considered as a major obstacle to future purchasers. Try to purchase as large or prime property as you can afford to avoid the need to move again in a short period and consider likely lifestyle changes during your period at the property. The old mantra of location is still as critical now as it always has been. n
Richard Pine-Coffin Jones Lang LaSalle 020 7337 4002 residential.joneslanglasalle.co.uk
131
Sales
The Heron Panoramic Collection, London, EC2Y - From ÂŁ3,600,000 Rising above the square mile, the Panoramic Collection are residences without compromise. Created with a singular intention; to be the finest residences in the City of London, the Panoramic Collection redefines luxury. Each of the residences is an example of the finest in luxury living. The large, open living areas of each residence are equally suited to relaxing or entertaining guests, while spectacular dual aspect views are offered by the floor to ceiling windows. Kitchens are equipped to the highest standard throughout and expansive private balconies provide a natural extension to the living space. The Panoramic Collection features exceptional amenities, including a concierge service, a private club, a beautiful landscaped garden terrace and state of the art gym.
16-17 Royal Exchange, London, EC3V 3LL
royalsales@eu.jll.com
Lettings
020 7337 4000 joneslanglasalle.co.uk
The Heron, London, EC2Y - From ÂŁ450 per week A stunning selection of suites, 1 , 2 & 3 bedroomed apartments in this landmark development, in the heart of the City of L ondon. T his prestigious building of f ers ex cellent amenities with 2 4 hour concierge, leisure f acilities and the ex clusive ‘ H eron club’ complete with conf erence f acilities and a private cinema room. S ituated nex t to M oorgate, the development is well located f or transport link s such as L iverpool S treet, B ank , M oorgate, B arbican, O ld S treet, S t. Pauls, F arringdon, M ansion H ouse and Cannon S treet. These luxurious apartments boast a high specification complete with marble bathrooms, floor to ceiling windows, comfort cooling and the latest in smart home technology .
royallettings@eu.jll.com
Beyond your expectations www.hamptons.co.uk
Lamb’s Passage, EC1Y £785,000 Leasehold A beautifully presented two bedroom City apartment, with lift-service and a concierge. EPC: B
Lamb’s Passage, EC1Y £575,000 Leasehold An exceptionally spacious one bedroom City apartment, with lift-service and a concierge. EPC: C
St Dunstan’s Court, EC4A £1,100,000 Leasehold A stunning one bedroom apartment in St Dunstan’s Court, offering a fabulous view towards the communal gardens.
Senrab Street, E1 £1,000,000 Freehold An immaculately refurbished four bedroom house, with a rear patio garden and roof terrace. EPC: F
Wilkes Street, E1 £2,750,000 Leasehold A beautifully presented 4 bedroom Georgian house, with a roof terrace and contemporary garden room. EPC: D
Lexington Apartments, EC1Y £399,950 Leasehold A spacious studio with parking in the Square Mile with 24-hour concierge and a secure underground parking space. EPC: C
Hamptons City Office Sales. 020 7717 5435 | Lettings. 020 7717 5437
Playhouse Court, SE1 £1,650,000 Leasehold A unique, split level Penthouse apartment in this popular location with stunning views to the Shard and London skyline. EPC: C
Vanilla & Sesame Court, SE1 £850,000 Leasehold A two bedroom, two bathroom third floor apartment in this popular Shad Thames development benefiting from a secure parking space. EPC: C
SALE AGREED
Thrale Street, SE1 £1,250,000 Freehold The rare opportunity to purchase a freehold, three bedroom house on Thrale Street with planning consent for a substantial extension. EPC: D
Westminster Bridge Road, SE1 £695,000 Share of Freehold A two bedroom, two bathroom 880 sq ft apartment in this popular development close to Waterloo Station. EPC: D
Wheat Wharf Apartments, SE1 £775,000 Leasehold A two bedroom, two bathroom apartment in this popular warehouse conversion located in Shad Thames. EPC: E
New Globe Walk, SE1 £975,000 Leasehold An immaculate two bedroom apartment on the 3rd floor of this warehouse development in Bankside. EPC: B
Hamptons Tower Bridge Office Sales. 020 7717 5489 | Lettings. 020 7717 5491
Beyond your expectations www.hamptons.co.uk
Banner Street, EC1 £495 per week Loft style two bedroom apartment with wooden floors and high ceilings, located moments from the amenities of Whitecross Street/market. EPC: D
Wheler Street, E1 £595 per week Amazing two bedroom conversion offering stylish living accommodation superbly located in the heart of Shoreditch and Spitalfields. EPC: C
Folgate Street, E1 £550 per week A top floor apartment in this popular Spitalfields development which benefits from a small residents gym and concierge. EPC: C
Wormwood Street, EC2 £495 per week Two double bedroom apartment in this central city location, benefits from a Juliet balcony overlooking tennis courts and church. EPC: D
Queen Street, EC4 £490 per week Fantastic one bedroom apartment in the heart of the City of London located moments from the river. EPC: B
Upper Thames Street, EC4 £375 per week Modern one bedroom apartment with direct river views in this superb location in the heart of the City, close to St Pauls and Bank. EPC: C
Hamptons City Office Lettings. 020 7717 5437 | Sales. 020 7717 5435
Wheat Wharf Apartments, SE1 £580 per week Two bedroom warehouse conversion with wooden flooring, exposed brickwork with dual aspect from the reception room. EPC: E
Riverview Heights, SE16 £550 per week Fabulous two bedroom apartment with wood flooring situated on the third floor in this popular portered development. EPC: B
Globe Wharf, SE16 £465 per week Fabulous two bedroom warehouse conversion located right on the River Thames. Featuring exposed brickwork, wooden flooring and concierge.
Bellyard Mews, SE1 £495 per week Modern one bedroom apartment situated in a fantastic location, boasting a large living room and modern kitchen. EPC: B
Southwark Bridge Road, SE1 £675 per week Four storey, three bedroom town house situated in a fantastic location with large, fully integrated kitchen and private patio. EPC: D
Fennel Apartments, SE1 £390 per week One bedroom apartment in popular courtyard development boasting two bathrooms, concierge, parking and gymnasium. EPC: C
Hamptons Tower Bridge Office Lettings. 020 7717 5491 | Sales. 020 7717 5489
Beyond your expectations www.hamptons.co.uk
Liverpool Road, N1 A beautifully presented three bedroom apartment over the upper three floors of this impressive period house. The property occupies a prominent plot on the corner of Liverpool Road and Richmond Avenue and has been finished in a contemporary style yet retaining many attractive period features. There are floor to ceiling windows and a feature fireplace. There is an eat-in Roundhouse kitchen. The property is west facing at the rear and the garden is accessed from the terrace. EPC: E
Hamptons Islington Office Sales. 020 7717 5453 | Lettings. 020 7717 5335
£1,295,000 Leasehold • • • • • •
Beautifully presented apartment Over three floors Eat in kitchen West facing garden Three bedrooms Two bathrooms (one en-suite)
Noel Road, N1 A fantastic split-level conversion flat set over the ground and lower ground floors of a beautiful Georgian house in Angel. This property benefits from having its own front door from which you access its light and airy living room. This room boasts a large sash window and other attractive features such as a fireplace and cornicing. The apartment is in excellent decorative order and further benefits from a front terrace and plenty of storage throughout. EPC: D
£1,125,000 Leasehold
• •
• • • •
I
Kings Orchard, Eltham, SE9 Price ÂŁ850,000 Freehold
Bedrooms: 4 Receptions: 2 Bathrooms: 1 EPC: D Call Lee office on 020 8852 8633 to arrange to view
A four double bedroom detached family home located within easy reach of Eltham high street and train station. This stunning house has been refurbished within the last four years and boasts a Southerly facing rear garden measuring approximately 150ft in length.
Montpelier Row, Blackheath, SE3 Guide Price ÂŁ1,895,000 Freehold
Bedrooms: 7 Receptions: 3 Bathrooms: 3 EPC: E Call Blackheath office on 020 8318 1311 to arrange to view
Elegant, 5 storey Georgian town house just a five minute walk from Blackheath Village and facing the open heath with a stunning outlook. Includes 7 bedrooms, 3 bathrooms, 3 reception rooms and private parking to the rear. There is a attractive 84 foot garden to the rear.
Blackheath Greenwich Westcombe Park Lee
020 8318 1311 020 8858 9911 020 8858 6101 020 8852 8633
1 Montpelier Vale, Blackheath Village, SE3 0TA 227 Greenwich High Road, Greenwich, SE10 8NB 11 Stratheden Parade, Westcombe Park, SE3 7SX 119 Burnt Ash Road, Lee, SE12 8RA
johnpayne.com
Inc
UNIQUE HOMES, UNIQUE SERVICE, UNIQUE PEOPLE A tailored service from Langford Russell, John Payne & Acorn for distinctive and exclusive homes
By Langford Russell
W O O D C L Y F F E D R I V E , C H I S L E H U R S T , B R 7
£ 1 , 4 9 5 , 0 0 0 F / H
Built in 2010 to reflect a Georgian townhouse, this wonderful home offers over 3800 sq ft of accommodation and features a magnificent master bedroom with dressing room, spacious en-suite and balcony with panoramic views. Four further bedrooms, three bathrooms and three reception rooms plus kitchen/breakfast room. Landscaped gardens and underground parking. 250 yards from Chislehurst station. Energy Efficiency Rating C. Please contact our Chislehurst office for more information: Tel: 020 8295 4900 Email: chislehurst@langfordrussell.co.uk
S O U T H V I E W R O A D , W A R L I N G H A M C R 6
P R I C E S F R O M £1,200,000 F/H
Three individually designed five bedroom detached homes built into the hillside with outstanding views and close to the much sought after village of Warlingham. Each home has been individually designed to complement its surroundings offering 3500 sq ft – 4850 sq ft of accommodation with the additional benefit of double garages. Access into London Victoria and London Bridge from Upper Warlinghanm and Whyteleafe train stations. Please contact our Chislehurst office for more information: Tel: 020 8295 4900 Email: chislehurst@langfordrussell.co.uk
Offices Across South East London & Kent www.uniquepropertiesuk.com www.langfordrussell.co.uk
www.acorn.ltd.uk www.johnpayne.com
U N I Q U E i s a S p e c i a l i s t D i v i s i o n o f L a n g f o r d R u s s e l l , J o h n P a y n e & A c o r n
Cinnabar Wharf West, West Wapping E1W ea2 are pleased to be able to offer this second floor 3 bedroom 3 bathroom apartment. The apartment benefits from having 2 balconies with views of the River Thames and Towerbridge from the floor to ceiling windows in the reception. The master bedroom incorporates a 3 piece en-suite bathroom. Open plan lounge and reception. 24 hour porterage / security and a secure underground parking space. ÂŁ1,750,000
ea2 Estate Agency Heritage Court | 8-10 Sampson Street | Wapping | London E1W 1NA t: 020 7702 3456 | f: 020 7702 9168 www.ea2.co.uk | property@ea2group.com
Slipway House, Docklands E14
Torrington Place, West Wapping E1W
Kingsley Mews, Wapping E1W
Rental Price: £325 Per Week
Rental Price: £395 Per Week
Rental Price: £415 Per Week
Waterman Way, Wapping E1W
Fowey Close, West Wapping E1W
Merchant Court, Wapping E1W
Rental Price: £440 Per Week
Rental Price: £450 Per Week
Rental Price: £570 Per Week
Dundee Court, West Wapping E1W
Capital Wharf, West Wapping E1W
2 Bedroom, 2 Bathroom 4th floor modern built apartment.
Sanderling Lodge, West Wapping E1W
2 double bedroom apartment. Water views from this 4th floor luxurious modern development.
Rental Price: £575 Per Week
Rental Price: £650 Per Week
Rental Price: £795 PW
1 Bedroom 2nd Floor Warehouse Conversion with river views from balcony.
Ornamental canal views from this delightful 2 double bedroom house.
2 Double Bedroom, 2 Bathroom 4th Floor Warehouse Conversion.
Modern 2 bedroom duplex apartment in the West Wapping ornamental canal development.
2 Double bedroom duplex apartment. Fitted kitchen, reception and upper floor bathroom.
Situated within this modern development is this spacious 2 bedroom apartment.
A luxury two bedroom flat to rent in beautiful Wapping. Within Merchant Court Development.
ea2 Estate Agency Heritage Court | 8-10 Sampson Street | Wapping | London E1W 1NA t: 020 7702 3456 | f: 020 7702 9168 www.ea2.co.uk | property@ea2group.com
Providence Square, SE1 £ 1,800 per week Providing in excess of 2,400 sq ft and a direct river view, this is one of the finest penthouses in the Shad Thames area.
Butlers Wharf, Shad Thames, SE1 £899,950 Leasehold
Recently refurbished to an exacting standard, a beautifully presented one bedroom apartment with views over the Thames and Tower Bridge.
Meridian Court, Bermondsey Wall West, SE16 £350 per week Norfolk House, EC4V £2,400,000 S/F
A smart and stylish, furnished, one bedroom apartment with planfinest livingapartments space and two Juliet balconies. Oneopen of the in the City of
London.
Luna House, Bermondsey Wall West, SE16 £405,000 Leasehold A contemporary, high standard one bedroom apartment boasting generously proportioned living space.
Butlers Wharf, Shad Thames, SE1 £899,950 Leasehold
Recently refurbished to an exacting standard, a beautifully presented one bedroom apartment with views over the Thames and Tower Bridge.
Spice Quay Heights, Shad Thames, SE1 £2,200,000 £1,750,000 Leasehold Curlew Street, Shad Thames, SE1 Freehold Leeside Court, SE16 £419,950 Leasehold Norfolk House, EC4V £2,400,000 S/F onbedroom y does thisapartment waterfront apartment oast an uninterrupted view over from harfinto Tower ridge Aottwo superb freehold propertymeasuring of great 785 quality which combines the edgy, urban ofCanary a warehouse conversion sq ft, located Onethe ofriver thestyle finest apartments the City of but it also has a luxurious and ultra-modern living space. with the practica ity of a five edroom house. within a popular riverside development. London.
Local know-how. Better results.
0 % Commission 100 % Local know-how And a commitment to getting you the best possible result …on the house! > Maximum exposure to the best buyers > London’s best negotiators* > Unequalled customer service* > Award-winning marketing > Over 150 years’ experience To celebrate the opening of our newest office in Marylebone, we are offering to sell your property for free! For full Terms and Conditions, call us or visit marshandparsons.co.uk/sell-your-home-for-free Marylebone Office 94 Baker Street, London W1U 6FZ T: 020 7368 4458 marshandparsons.co.uk
* Voted ‘Best Customer Service 2012’ by The Sunday Times and ‘Best UK Estate Agent 2012’ by The Negotiator
CurrellResidential
£1,050,000 ShareofofFreehold Freehold £825,000 Share Benjamin Street, Cross Street, N1 EC1M Penthouse •• Sub Converted Victorian factory Bedrooms, Two apartment Bathrooms. •• Two Spacious two bedroom •• Roof Separate fitted kitchen, patio Terrace •• Immaculate Central locationCondition
£299,950 Leasehold
£1,495,000 Freehold
Upper Street, N1
Ufton Road, N1
• Light and airy studio flat
• Freehold
• Truly central location
• Five bedroom house
• Lateral width taking in 4 windows
• Sought after ‘De Beauvoir’
• Situated at rear of building
• Fabulous garden • Parking and quiet side turning
www.currell.com
£1,695,000 Freehold £1,650,000 Freehold Halton Road, Road, N1 N1 Hemingford
• Grade II listed Georgian house • Double fronted Detached Georgian House • Four storey, three/four beds • Four bedrooms, three bathrooms • Excellent decorative order with period features • Fabulous fitted kitchen and dining room • Wonderful mature rear garden • Double reception room
• Rear patio garden and full width first floor balcony
020 7226 4200
islington@currell.com
Ê
London’s Finest Properties | www.liferesidential.co.uk
St George Wharf, Vauxhall, £1,250,000ÊLeasehold SW8 | £355,000 5th floor studio apartment | Balcony/SW aspect | Ideal pied-de-terre/ 3ÊbedroomsÊ|Ê2ÊbathroomsÊ|ÊstunningÊriverÊviewsÊ|ÊterraceÊ|ÊconciergeÊ|Ê rental investment | Prestigious riverside development | Excellent exceptional links | beautifully interior designedÊ transporttransport links
Salamanca Square, Albert Embankment, SE1 | £470,000 £425,000ÊLeasehold Superb one bedroom apartment | 6th floor | Spacious balcony | 2 bedrooms | 2 bathrooms | private terrace |from immaculate condition | London skyline views | Concierge | Moments river
24hr concierge | superior specificationÊ
Time Square, City Quarter, E1 |£600ÊperÊweek £595 pw 2 double bedrooms | Close to Tower Bridge | Bright reception with balcony
1 bedroom | 1 bathroom | balcony | exceptional specification | prestigious development | 24hr concierge | residents gym | moments from CityÊ
St George Wharf, Vauxhall, SW8 | £500,000 £435,000ÊLeasehold Manhattan studio | 5th floor | Exceptional specification | Stunning views
1 bedroom | 1 bathroom | superior specification | period features | fully taking in key landmarks | 24hr concierge | Moments from tube furnished | concierge | moments from tubeÊ
Duchess House,Warren Street,W1T | £500 pw £380ÊperÊweek One double bedroom apartment | Fantastic Location next to Warren St
1 bedroom 1 bathroom | stunning views | exceptional specification | Station | | Beautifully designed 24hr concierge | residents gym | moments from Tube/DLRÊ
Fountain House, St George Wharf, SW8 | £1200 pw £875ÊperÊweek Penthouse Apartment | Fantastic views | On site gym and 24 hr concierge
2 bedrooms 2 bathrooms | fullyUnderground furnished | peaceful courtyard aspect | service | 0.1| Miles from Vauxhall moments from Victoria Station & Buckingham Palace Ê
020Ê7582Ê7989ÊÊÊÊ 020Ê8692Ê224ÊÊÊÊ 020Ê8896Ê9990 Central London | 020 7582 7989 Docklands020Ê7476Ê0125ÊÊÊÊ | 020 7476 0125 North London |020Ê8446Ê9524 020 8446 9524 South London | 020 8692 224 West London | 020 8896 9990
homes & property
DEVELOPMENT SHOWCASE Luxury and Location
T
he Heron, the City’s first major residential scheme since The Barbican, over 30 years ago, comprises 285 highly specified apartments, right in the heart of the Square Mile. Almost all the lower level residences have been sold, but The Panoramic Collection on floors 31 to 34 are now available to view. Offering generous proportions and exceptional views from full-height windows, The Heron also boasts some of the City’s most extensive terraces. Featuring bespoke parquet hardwood timber floors and book matched marble in the entry, each home is fitted with Boffi kitchens and Gaggenau appliances. Perched on the 35th and 36th floors, are two spectacular duplex penthouses, set to be among London’s most sought after residences. Located in the cultural quarter, the lower floors provide new state-ofthe-art facilities for the Guildhall School of Music & Drama, making The Heron an international cultural destination in its own right, and an exceptional place to live. n
THE HERON, EC2 FROM £3.6M The Heron www.theheron.co.uk
0845 533 8000 151
The spoils of the hardy workplace warrior.
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FALCONWOOD COURT
Blackheath Village 24 Montpelier Row London SE3 0RS
Exclusive 1 bed suites releasing from £295,000 Limited 2 bed apartments releasing from £695,000
10.30am Saturday 2nd 12noon Sunday 3rd Nov • Private gated landscaped development with secure parking.
Register now:
• Private access to Blackheath Village, station and the Heath.
falconwoodcourt.com
• Moments from Tranquil Vale.
020 7620 1500
• 5% deposit Help to Buy scheme available.
e: sales@galliardhomes.com
All interior images are computer generated.
SHOW APARTMENT VIEWING ON THE DAY
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P R I M E LIVING SALES SUITE NOW OPEN
Computer generated images
THE LARGEST
NEW APARTMENTS IN ROYAL GREENWICH EXCEPTIONAL SPACE & SPECIFICATION
1, 2 & 3 BEDS AVAILABLE FROM
£300,000
PRIVATE GYM, SWIMMING POOL, RESTAURANTS, RETAIL & CRÈCHE
SALES SUITE OPEN DAILY
020 3747 6111 therivergardens.com
Designed for the City lifestyle
Replace the daily commute with an easy stroll, by living in the very heart of the City at Roman House. This magnificent collection of apartments and penthouses is designed for the demands of today’s City-based international lifestyles and cosmopolitan tastes.
• Residents-only gym
• 2 and 3 bedroom apartments, 2 bedroom duplexes and individually designed 3 bedroom penthouses
• 24 hour concierge
• Architecturally significant building, expertly refurbished by Berkeley • Juliet balconies to most apartments; terraces to penthouses
• Luxurious specification includes fully equipped fitted kitchens, engineered timber flooring, underfloor heating • Impressive entrance foyer and lift lobby with feature mosaic • 999 year lease
Luxury 2 & 3 bedroom residences from £1,135,000 The Berkeley Group invests in the skills that keep Britain’s heritage alive
Sales & Marketing Suite open daily 10am-6pm Roman House, Wood Street, London, EC2Y 5BA.
Call: 020 3489 0613 or email: romanhouse@berkeleygroup.co.uk www.roman-house.co.uk
Roman House is a refurbished City landmark with many original features. Our Vision. Your Future.
Proud to be a member of the Berkeley Group of companies
Computer Generated Images depict Roman House and are indicative only. Prices correct at time of press.
• Located in the heart of the City, next to The Barbican
0800 542 7210 info@johnsand.co
RIVELRLIGHT 4, SW8 Future of London riverside living
RIVERLIGHT 4 | £1,850,000 Leasehold
RIVERLIGHT 4 | £1,830,000 Leasehold
RIVERLIGHT 4 | £899,000 Leasehold
& Premier riverfront position three bedroom and two bathroom apartment of 1,116 sq ft & Two balconies with Chelsea and garden views & Residents’ only leisure and spa facilities & Transport: Vauxhall Underground
& Spacious riverfront three bedroom and two bathroom apartment of 1,114 sq ft & Two balconies with Chelsea and garden views & Residents’ only leisure and spa facilities & Transport: Vauxhall Underground
& Luxurious 7th floor two bedroom two bathroom apartment of 799 sq ft next to Battersea Power Station & Two west facing balconies with garden views & Residents’ only Riverlight Clubhouse & Transport: Vauxhall Underground
RIVERLIGHT 4 | £685,000 Leasehold
RIVERLIGHT 4 | £645,000 Leasehold
RIVERLIGHT 4 | £590,000 Leasehold
& One bedroom riverfront apartment of 521 sq ft with east facing balcony and garden views & East facing balcony with garden views & Residents’ only leisure and spa facilities & Transport: Vauxhall Underground
& One bedroom riverfront apartment of 500 sq ft next to Battersea Power Station & East facing balcony with garden views & Residents’ only Riverlight Clubhouse & Transport: Vauxhall Underground
& High specification 10th floor studio suite apartment of 461 sq ft on the riverfront & West facing balcony with garden views & Residents’ only leisure and spa facilities & Transport: Vauxhall Underground
www.johnsand.co
CANARY WHARF OFFICE Level 33, 25 Canada Square London E14 5LQ
WAPPING OFFICE G03 Cordage House, 21 Wapping Lane London E1W 2RH
Sales, Lettings & Management
0800 542 7210 info@johnsand.co
PROVIDENCE TOWER, E14
Rare to the market high floor apartments
PROVIDENCE TOWER | £1,250,000 Leasehold
PROVIDENCE TOWER | £725,000 Leasehold
PROVIDENCE TOWER | £682,000 Leasehold
& Luxurious three bedroom two bathroom apartment of 1,286 sq ft with two south facing balconies & 24hour concierge on-site, residents’ only leisure facilities and 43rd floor panoramic Skylounge & Transport: DLR & Canary Wharf Underground
& 31st floor two bedroom apartment of 812 sq ft with two balconies & 24hour concierge and residents’ only leisure facilities and 43rd floor panoramic Skylounge & Transport: DLR & Canary Wharf Underground
& 23rd floor two bedroom apartment of 800 sq ft with two balconies & Residents’ only leisure facilities and 24 hours concierge & Transport: DLR & Canary Wharf Underground
PROVIDENCE TOWER | £505,000 Leasehold
PROVIDENCE TOWER | £450,000 Leasehold
PROVIDENCE TOWER | £435,000 Leasehold
& 31st floor one bedroom apartment of 553 sq ft with open plan reception room with balcony & 24 hours concierge and 43rd floor panoramic Skylounge & Transport: DLR & Canary Wharf Underground
& One bedroom apartment of 597 sq ft with balcony & High specification finish with open plan reception & 24hour concierge, residents’ only leisure facilities and 43rd floor panoramic Skylounge & Transport: DLR & Canary Wharf Underground
& One bedroom apartment with balcony & High specification finish with open plan reception & Residents-only 43rd floor panoramic Skylounge and leisure facilities & Transport: DLR & Canary Wharf Underground
WANT A STUNNING VIEW OVER LONDON CITY? LOOK NO FURTHER.
www.johnsand.co
CANARY WHARF OFFICE Level 33, 25 Canada Square London E14 5LQ
WAPPING OFFICE G03 Cordage House, 21 Wapping Lane London E1W 2RH
Sales, Lettings & Management
% 55 LD SO
TEMPLE FORTUNE NW11
Temple Fortune’s Best Kept Secret LAUNCH WEEKEND SATURDAY 26TH & SUNDAY 27TH OCTOBER 2013 11am - 4pm
SHOW HOUSE NOW OPEN BY APPOINTMENT 020 8731 9890 Monday to Friday 10am - 5pm, Saturdays & Sundays 11am - 4pm
Invest in London’s Finest
www.carmelgate.com sales@carmelgate.com
Carmel Gate, Bridge Lane, Temple Fortune, London NW11 9BB
• A Selection of 2 & 3 Bedroom Apartments, Cottages and Houses • Gated Development • Uniformed 24 Hour Concierge • Communal Courtyard • Secure Parking • CCTV Developed by
Prices from £575,000 Subject to Contract
304691_A4 Glentree CanaryCityMag.indd 1
Sole Selling Agent NEW HOMES
020 8731 9500 www.glentree.com
21/10/2013 10:15
homes & property
DEVELOPMENT SHOWCASE C ity S anctuary
C
ityscape, a stunning 12-storey residential tower, is the new mecca for professionals looking to buy or rent within walking distance of the City. Located on Commercial Street, E1, the Telford Homes development offers 128 residential apartments, consisting of suites, one, two and three-bedroom apartments and penthouses, with a residents-only gymnasium, concierge service and roof-top terrace. Cityscape has been designed to offer luxurious sanctuaries for its residents, fully-fitted with the finest appliances and materials, including Villeroy & Boch bathrooms, and Urban Myth kitchens. Each home also comes equipped with a stateof-the-art security system, not to mention under-floor heating to all rooms. Residents will also benefit from a balcony or terrace, access to a landscaped private courtyard garden, and a residentsonly roof terrace with incredible 360 degree views of London, perfect for when one needs to escape from the hustle and bustle. First completion is expected in spring 2014. n
CITYSCAPE, E1 FROM ÂŁ740,000 LEASEHOLD Telford Homes www.telfordhomes.plc.uk/cityscape
020 3620 8003 162
THE NOT SO SQUARE MILE Your last chance to escape from the norm The last few 3 bedroom apartments are available in one of the best locations in London. Cityscape provides city-fringe living with a wealth of in-house amenities including residents only gymnasium, roof terrace with spectacular City vistas and concierge service. This is Cityscape - a development that offers exceptional value and quality in a fantastic city fringe location.
Prices from
ÂŁ740,000*
Sales Centre open: Monday - Saturday 10am - 6pm. Sunday 11am - 5pm
020 3538 6522
www.telfordhomes.plc.uk
*Prices correct at time of going to print. Computer generated image of Cityscape from Commercial Street, typical city facing living room style and private residents’ roof terrace with the view of The City in the background.