Christie's U.S. auction house is located at 20 Rockefeller Plaza. CREDIT: Christie's International Real Estate

NEW YORK CITY—Christie's International Real Estate reports it will open a new residential real estate brokerage office at its iconic flagship U.S. auction house at 20 Rockefeller Plaza.

The residential brokerage network says the new office, which will service luxury real estate buyers and sellers in New York City, will open in the second half of this year.

Supported by Christie's art auction house, the network has grown to approximately 140 affiliates with operations in 46 countries. In 2016, the network posted combined annual sales volume of approximately $115 billion. The CIRE network has reported new recent affiliations in Houston, Dallas/Fort Worth, TX and Las Vegas in the United States and internationally in Chile, France, Spain and Thailand.

In January, CIRE announced a new entity called “Special Properties Real Estate Services” that now markets its services under the Christie's brand in New Jersey's Hudson County that encompasses Hoboken, Weehawken and Jersey City, as well as areas in Northwest New Jersey.

“Our Rockefeller Center location holds Christie's largest marquee art and luxury goods sales in the United States, hosting the world's most discerning buyers and sellers of luxury assets,” says CIRE's CEO Dan Conn. “With the opening of an owned brokerage office in New York City with dedicated space within Christie's Galleries, we are uniquely qualified to provide our clients with personalized service across all key luxury asset classes, including for the first time the world's most exclusive homes.”

According to a recently released CIRE luxury market report ranking global markets, New York City ranked first in the United States and third in the world behind Hong Kong and London in its luxury index. In 2016, New York square foot prices for luxury homes averaged $1,942, and achieved record square foot prices exceeding $10,000. Three Manhattan properties sold for more than $60 million during the year, while three properties are listed currently for more than $100 million, and one is listed for $250 million, CIRE officials say.

NEW YORK CITY—Christie's International Real Estate reports it will open a new residential real estate brokerage office at its iconic flagship U.S. auction house at 20 Rockefeller Plaza.

The residential brokerage network says the new office, which will service luxury real estate buyers and sellers in New York City, will open in the second half of this year.

Instant Insights /

Christie's International Real Estate to Open Brokerage at Auction House

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