Design

Sotheby's Inaugural Designer Showhouse in New York

Sotheby's auction house in New York recently presented an inaugural Designer Showhouse exhibition. The event, which is sponsored by Sotheby's International Realty, Inc., is an innovative approach to highlighting the treasure trove of fine art, furniture and decorative arts offered each season at Sotheby's.

A select group of talented interior designers were given exclusive access to the auction house's inventory and shopped the "stacks" to select a group of objects from which six distinctive interior spaces were devised. These objects include paintings, sculptures, prints, furniture and decorative arts which range in date from the 1st century A.D. through the end of the 20th century and encompass a range of artistic and architectural styles from around the world. Here is a peek at their masterful spaces the designers created.

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RYAN KORBAN, known for his retail design including Alexander Wang's flagship store, Balenciaga's men's and women's flagship stores and Fivestory New York; ann-pyne-crop

ANN PYNE from McMillen Inc., the oldest full service interior design and decorating firm in America;daun-curry-1-crop

DAUN CURRY from Modern Declaration, named one of Vogue's hottest new designers; os-1-crop

New York design duo CATHERINE CASTEEL OLASKY and MAXIMILIAN P. SINSTEDEN from Olasky & Sinsteden whose collective background includes time working for renowned names including Bunny Williams, Sibyl Colefax & John Fowler, David Easton Inc., Charlotte Moss;

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SHALER LADD of Shaler Ladd Design Corporation who has built his business by providing exceptional service and quality to a loyal client base for which he curates interiors tailored to the distinct lifestyle and tastes of each individual; and, rush-jenkins-1-crop

RUSH JENKINS and KLAUS BAER from WRJ Design Associates, who are renowned for curating and designing exhibits for such luminaries as Mrs. Nancy Reagan and Bill Blass.

These designers were given the freedom to create any type of space and impose any type of aesthetic that he or she desired. The hope is that these spaces will demonstrate how good pieces of fine and decorative art can transcend time and space and that the dialogue between these pieces within a contemporary context not only allows the viewer an opportunity to reflect upon the pieces' historical and artistic importance, but also gives the pieces new meaning and significance in the world of today.

Existing Home Sales Report

housegraphOctober is coming to a close, and the holidays are steadily approaching. A characteristic that those of us in the housing market can get used to.

According to the National Association of Realtors' (NAR) Existing Home Sales Report "existing-home sales bounced back in September to their highest annual pace of the year." This meaning, completed transactions of single-family homes, townhomes, condominiums and co-ops increased a staggering 2.4 percent in September over August.

Lawrence Yun, NAR Chief Economist accredits this gain to more consistent and affordable interest rates. For sellers experiencing a steady rise in sale price; it's not only healthy for our mental ROI reports, but also for the housing market in general. If you didn't catch July's Housing Data Reports, the housing market is showing a steady increase in "Median Sale Price" which is carrying over to the fall.

Be prepared for these numbers (and the temperature) to dip slightly in the coming months for the winter season, but it is great to see the housing market making both consistent and healthy growth.