Houlihan_Lawrence_Q4_2021_Luxury_Market_Report

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2021Q4 REPORTMARKET LUXURY NY & CT

Gains achieved in 2021 continue to reflect our rapidly changing world. Demand for luxury homes that serve a myriad of needs has remained strong. Luxury buyers want flexible spaces to accom modate working and schooling from home, plus amenities including a pool, tennis court, and home gym. The Omicron surge is a reminder that one’s home is also a refuge during uncertain times.

• In Darien, seven homes closed from $5M to $9.99M vs. one sale in 2020.

• Westchester posted four closed sales over $10M vs. zero the year before. Two of the four sales are Sound Shore waterfront properties.

During the past two years, the real estate buzz has been all about buyers - their sheer number and why and where they are moving. This year, the conversation focuses more on supply. The market is hungry for new inventory, and sellers hold the key to the strength of the luxury real estate market in AnthonySincerely,2022. P. Cutugno Sr. Vice President, Director of Private Brokerage

Luxury markets north of New York City posted record gains in 2021 for the second consecu tive year, with double-digit increases in Westchester County (sales $2M and higher); Putnam & Dutchess Counties (sales $1M and higher); Greenwich, CT (sales $3M and higher); and Darien, Ro wayton and New Canaan (sales $2M and higher).

2021Q4 REPORTMARKET

HOULIHAN LAWRENCE PRIVATE BROKERAGE | P. 914.234.0308 | PRIVATE-BROKERAGE@HOULIHANLAWRENCE.COM

EXECUTIVE SUMMARY

In the fourth quarter, fissures in the market began to emerge. As the supply of luxury homes de clined to historic lows, closed sales cooled down - every luxury market registered double-digit declines this quarter. Homebuyers are not retreating, but their desire and ability to purchase a new home are often thwarted by shrinking supply. Looking forward, pending sales are down at year’s end; robust gains of 2021 will likely taper off in 2022.

While our supply-constrained market is cautionary and perhaps temporary, it should not over look the tremendous gains achieved in 2021. Here are a few highlights:

• The luxury market north of New York City outperformed the broader market by a sizable margin. For example, single-family home sales in Westchester County increased 10%; luxury home sales rose by 41%.

• The higher end of the luxury market achieved notable gains, in contrast to last year, which posted a nominal increase. In Westchester and Greenwich, the $5M to $9.99M price range nearly dou bled in sales.

• 2021 was a seller’s market. Homes sold faster. Multiple bidding was not uncommon due to more competition for fewer homes. Most luxury homes sold within 5% of their list price, and median sale price increased in nearly every market.

Source: Hudson Gateway Multiple Listing Service, Mid-Hudson Multiple Listing Service and Greenwich Multiple Listing Service.

AVERAGE

HOMES SOLD

%

TOTAL DOLLAR VOLUME $350,181,638 $503,460,777 -30.4% $1,941,165,354 $1,323,201,337 46.7% MEDIAN SALE PRICE $4,600,000 $4,125,000 11.5% $4,300,000 $3,950,000 8.9%

AVERAGE PRICE PER SQUARE

HOME SALES

LUXURY MARKET REPORT 4th QUARTER 2021

WESTCHESTER COUNTY LUXURY | $2M AND HIGHER 2021Q4 2020Q4 CHANGE% FULL2021YEAR FULL2020YEAR CHANGE% 119 158 -24.7% 645 457 41.1% DOLLAR $401,457,185 $471,420,431 -14.8% $1,987,174,811 $1,322,094,471 50.3% $2,497,500 13.1% $2,687,000 $2,525,000 6.4% FOOT $592 $528 12.1% $555 $520 6.7% 73 110 -33.6% 74 111 -33.3% SALE PRICE TO LIST PRICE 97.3% 96.6% 0.7% 98.0% 96.3% 1.8%

UNITS SOLD 58 94 -38.3% 367 263 39.5%

2021Q4 2020Q4 CHANGE% FULL2021YEAR FULL2020YEAR CHANGE% 34 58 -41.4% 152 121 25.6% DOLLAR VOLUME $62,740,500 $113,511,943 -44.7% $302,473,806 $245,746,354 23.1% MEDIAN SALE PRICE $1,625,000 $1,592,187 2.1% $1,600,000 $1,525,000 4.9% PRICE PER SQUARE FOOT $536 $519 3.3% $476 $474 0.4% DAYS ON MARKET 142 198 -28.3% 173 207 -16.4% SALE PRICE TO LIST PRICE 100.7% 94.4% 6.7% 96.8% 96.0% 0.8% GREENWICH, CT LUXURY HOME SALES | $3M AND HIGHER 2021Q4 2020Q4 CHANGE% FULL2021YEAR FULL2020YEAR CHANGE%

%

AVERAGE PRICE PER SQUARE FOOT $811 $775 4.6% $768 $722 6.4%

AVERAGE DAYS ON MARKET 144 232 -37.9% 165 274 -39.8%

AVERAGE DAYS ON MARKET

HOMES SOLD

PUTNAM AND DUTCHESS COUNTY LUXURY HOME SALES | $1M AND HIGHER

VOLUME

% SALE PRICE TO LIST PRICE 96.8% 94.8% 2.1% 96.8% 93.6% 3.4%

AVERAGE

TOTAL

TOTAL

MEDIAN SALE PRICE $2,825,000

2021Q4 2020Q4 CHANGE% FULL2021YEAR FULL2020YEAR CHANGE% UNITS SOLD 7 10 -30.0% 32 16 100.0%

%

PRICE

TOTAL DOLLAR VOLUME $22,091,875 $30,442,000 -27.4% $88,957,235 $44,837,000 98.4% MEDIAN SALE PRICE $3,100,000 $2,362,500 31.2% $2,433,750 $2,300,000 5.8% PRICE PER SQUARE FOOT $819 $769 6.5% $731 $739 -1.1% DAYS ON MARKET 110 77 42.9% 70 78 -10.3%

AVERAGE PRICE PER SQUARE FOOT

2021Q4

UNITS

NEW CANAAN LUXURY $2M HIGHER 2021Q4 2020Q4 CHANGE% FULL2021YEAR FULL2020YEAR

AND

AVERAGE DAYS

AVERAGE

MEDIAN

TOTAL DOLLAR VOLUME $67,070,000 $83,009,740 -19.2% $504,890,597 $282,183,390 78.9% MEDIAN SALE PRICE $3,110,000 $2,848,250 9.2% $2,695,000 $2,700,000 -0.2% PER SQUARE FOOT $447 $421 6.2% $419 $396 5.8% ON 80 142 -43.7% 94 174 -46.0% SALE PRICE TO LIST 97.8% 96.5% 1.3% 99.0% 94.1% 5.2%

Source: Smart MLS.

VOLUME

HOME SALES |

TOTAL DOLLAR $82,029,500 $97,510,700 -15.9% $460,449,532 $322,988,476 42.6% SALE $3,112,500 $2,550,000 22.1% $2,895,000 $2,650,000 9.2% $640 $473 35.3% $574 $505 13.7% 100 116 -13.8% 92 141 -34.8% SALE PRICE TO LIST PRICE 99.1% 97.1% 2.1% 98.6% 94.8% 4.0%

CHANGE%

% SALE PRICE TO LIST PRICE 96.1% 96.7% -0.6% 98.2% 97.9% 0.3%

UNITS 21 28 -25.0% 171 95 80.0%

AND

ROWAYTON LUXURY $2M AND HIGHER

MARKET

AVERAGE PRICE

HOME SALES |

SOLD

%

AVERAGE DAYS ON MARKET

DARIEN LUXURY $2M HIGHER 2020Q4 CHANGE% FULL2021YEAR FULL2020YEAR CHANGE% SOLD 24 33 -27.3% 145 109 33.0%

LUXURY MARKET REPORT 4th QUARTER 2021

HOME SALES |

AVERAGE

PRICE

FULL

13 16 -18% 73 46 58%

GREENWICH, CT LUXURY 2020YEAR

$2,000,000 - $2,999,999

$3,000,000 - $4,999,999

CHANGE%

HOME SALES 2021Q4

22 45 -51% 160 136 17%

FULL

38 33 15% 177 108 63%

9 19 -52% 48 33 45%

LUXURY MARKET REPORT 4th QUARTER 2021

HOME SALES 2021Q4 2020Q4 CHANGE% FULL2021YEAR FULL

11 13 -15% 44 24 83%

$1,000,000 - $1,999,999

$4,000,000 - $4,999,999

$5,000,000 - $9,999,999

CHANGE%

$10,000,000 and up

$5,000,000 - $9,999,999

HOME SALES 2021Q4

2 0 Not Valid 4 0 Not Valid

PUTNAM AND DUTCHESS LUXURY 2020Q4 2021YEAR 2020YEAR

CHANGE%

68 112 -39% 420 325 29%

COUNTY

$10,000,000 and up

CHANGE% FULL

CHANGE% FULL

WESTCHESTER COUNTY LUXURY 2020Q4 2021YEAR 2020YEAR

$3,000,000 - $3,999,999

25 39 -35% 104 88 18%

4 7 -42% 15 15 0% Source: Hudson Gateway Multiple Listing Service, Mid-Hudson Multiple Listing Service and Greenwich Multiple Listing Service

Test

19 26 -26% 119 66 80%

$2,000,000 and up

$5,000,000 - $9,999,999

3 7 -57% 21 12 75%

$2,000,000 - $2,999,999

$3,000,000 - $4,999,999

10 12 -16% 58 33 75%

9 22 -59% 80 74 8%

$2,000,000 - $2,999,999

$5,000,000 - $9,999,999

1 0 Not Valid 4 3 33%

0 0 Not Valid 0 0 Not Valid NEW CANAAN LUXURY HOME SALES 2021Q4 2020Q4 CHANGE% FULL2021YEAR FULL2020YEAR CHANGE%

1 1 0% 1 1 0%

$3,000,000 - $4,999,999

$3,000,000 - $4,999,999

LUXURY MARKET REPORT 4th QUARTER 2021 Test DARIEN LUXURY HOME SALES 2021Q4 2020Q4 CHANGE% FULL2021YEAR FULL2020YEAR CHANGE%

$10,000,000 and up

0 0 Not Valid 0 1 -100% ROWAYTON LUXURY HOME SALES 2021Q4 2020Q4 CHANGE% FULL2021YEAR FULL2020YEAR CHANGE%

$2,000,000 - $2,999,999

10 16 -37% 109 59 84%

2 1 100% 7 1 600%

13 10 30% 58 33 75%

$5,000,000 - $9,999,999

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

$10,000,000 and up

3 2 50% 10 3 233%

$10,000,000 and up

LUXURY MARKET REPORT 4th QUARTER 2021 TOP NEW YORK LUXURY MARKETS WESTCHESTER COUNTY LUXURY HOME SALES | $2M AND HIGHER SCHOOL DISTRICT # OF SALES MEDIAN LUXURY SALE PRICE HIGHEST SALE PRICE BEDFORD 22 $2,937,500 $8,500,000 SCARSDALE 16 $3,287,500 $7,000,000 MAMARONECK 16 $2,787,500 $11,300,000 HARRISON 13 $2,800,000 $4,525,000 BYRAM HILLS 11 $2,950,000 $11,500,000 RYE CITY 11 $4,658,333 $6,350,000 BRONXVILLE 6 $3,025,000 $4,000,000 KATONAH-LEWISBORO 5 $2,900,000 $5,600,000 IRVINGTON 4 $2,925,000 $6,825,000 RYE NECK 3 $2,125,000 $2,780,000 CHAPPAQUA 3 $2,050,000 $2,450,000 EDGEMONT 3 $2,200,000 $2,400,000 PELHAM 2 $2,572,500 $2,795,000 NORTH SALEM 1 $3,850,000 $3,850,000 TUCKAHOE 1 $2,200,000 $2,200,000 PUTNAM COUNTY LUXURY HOME SALES | $1M AND HIGHER SCHOOL DISTRICT/CITY/TOWN # OF SALES MEDIAN LUXURY SALE PRICE HIGHEST SALE PRICE GARRISON 3 $1,635,000 $1,680,000 HALDANE 2 $2,250,000 $3,400,000 MAHOPAC 2 $1,330,000 $1,500,000 CARMEL 1 $1,329,000 $1,329,000 DUTCHESS COUNTY LUXURY HOME SALES | $1M AND HIGHER SCHOOL DISTRICT/CITY/TOWN # OF SALES MEDIAN LUXURY SALE PRICE HIGHEST SALE PRICE RHINEBECK 10 $1,625,000 $3,100,000 MILAN 2 $2,045,000 $2,695,000 NORTH EAST 2 $2,275,000 $2,750,000 RED HOOK 2 $1,542,500 $1,945,000 STANFORD 2 $1,935,000 $2,300,000 AMENIA 1 $2,800,000 $2,800,000 Source: Hudson-Gateway Multiple Listing Service and Mid-Hudson Multiple Listing Service.

LUXURY MARKET REPORT 4th QUARTER 2021 TOP CONNECTICUT LUXURY MARKETS GREENWICH, CT LUXURY HOME SALES | $3M AND HIGHER TOWN/CITY # OF SALES MEDIAN LUXURY SALE PRICE HIGHEST SALE PRICE GREENWICH 42 $4,512,500 $50,000,000 RIVERSIDE 9 $5,000,000 $6,650,000 OLD GREENWICH 6 $5,400,000 $7,375,000 COS COB 1 $3,600,000 $3,600,000 SOUTHERN FAIRFIELD COUNTY, CT LUXURY HOME SALES | $2M AND HIGHER TOWN/CITY # OF SALES MEDIAN LUXURY SALE PRICE HIGHEST SALE PRICE WESTPORT 39 $2,515,000 $6,765,000 DARIEN 24 $3,112,500 $8,275,000 NEW CANAAN 21 $3,110,000 $5,235,000 FAIRFIELD 10 $2,690,000 $4,450,000 NORWALK 7 $3,100,000 $5,550,000 STAMFORD 6 $3,245,000 $4,850,000 WESTON 5 $2,400,000 $4,700,000 RIDGEFIELD 5 $2,900,000 $3,995,000 WILTON 4 $2,362,500 $2,400,000 DANBURY 1 $2,000,000 $2,000,000 BROOKFIELD 1 $2,550,000 $2,550,000 NEW FAIRFIELD 1 $2,925,000 $2,925,000 Source: Greenwich MLS and Smart MLS

SNAPSHOT SOUTHERN WESTCHESTER COUNTY | $2M

$2,000,000 and up 14 2 7 19 2 10 -26.3% 0.0%

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

DUTCHESS COUNTY | $1M AND HIGHER AS OF DECEMBER 31, 2021 AS OF DECEMBER 31, 2020 2021 vs. 2020 PRICE RANGE

IN LISTINGS

PENDINGSIN

COUNTY |

21 17 1 34 9 4

17 3 6 21 2 11

AS

29 24 1 53 25 2

27 6 5 36 7 5

AS

$2,000,000 - $2,999,999 1 -55.4% -5.3%

AS

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

Valid 2 1 2 50.0%

$3,000,000 - $4,999,999 -27.3% 80.0%

$5,000,000 - $9,999,999 -19.0% 50.0%

AS

$10,000,000 and up Not -100.0%

LUXURY MARKET REPORT 4th QUARTER 2021

$2,000,000 - $2,999,999 -38.2% 88.9%

3 0

16 9 2 22 5 4

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

22

$1,000,000 - $1,999,999 9 2 27 5 5 -33.3% 80.0%

29 54 1 65 57

$5,000,000 - $9,999,999 -25.0% -14.3%

$10,000,000 and up 0 Not Valid 9 0 Not Valid -33.3% 0.0%

NORTHERN WESTCHESTER $2M AND HIGHER OF DECEMBER 31, 2021 AS OF DECEMBER 31, 2020 2021 vs. 2020 PRICE RANGE

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

$3,000,000 - $4,999,999 -45.3% -4.0%

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

6

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

$1,000,000 - $1,999,999 18 2 52 16 3 -21.2% 12.5%

41

$2,000,000 and up 10 2 49 6 8 -55.1% 66.7%

PUTNAM COUNTY | $1M AND HIGHER OF DECEMBER 31, 2021 AS OF DECEMBER 31, 2020 2021 vs. 2020 PRICE RANGE

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

PRICE RANGE

18

$5,000,000 - $9,999,999 -40.8%

0 0 0 0 0 0 0.0% 0.0%

16 8 2 23 8 3 -30.4% 0.0%

24 18 1 55 23 2

3 0 Not Valid 1 0 Not Valid 200.0% 0.0% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand Source: Greenwich MLS and Smart MLS.

M AND

AS

$5,000,000 - $9,999,999

AS

DARIEN | HIGHER OF DECEMBER 31, 2021 OF DECEMBER 31, 2020 2021 vs. 2020 PRICE

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

1 1 1 2 2 1

$3,000,000 - $4,999,999 -100.0%

$2,000,000 - $2,999,999 -88.2% -30.0%

AS OF

$5,000,000 - $9,999,999 0.0%

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

AS

$10,000,000 and up

$10,000,000 and up

3 7 0 15 3 5

IN LISTINGS CHANGE%

NEW | $2 HIGHER OF DECEMBER 31,

0.0%

LUXURY MARKET REPORT 4th QUARTER 2021

PRICE RANGE

$10,000,000 and up

10 14 1 31 12 3 -67.7% 16.7%

8 0 Not Valid 6 0 Not Valid 33.3% 0.0%

25.0%

$2M AND

18 8 2 27 11 2

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

AS

16 3 5 24 2 12 -33.3% 50.0%

IN LISTINGS

$3,000,000 - $4,999,999 -80.0%

4 1 4 7 0 Not Valid -42.9% 0.0%

$2,000,000 - $2,999,999

AS

$3,000,000 - $3,999,999 -56.4% -21.7%

IN LISTINGS CHANGE% PENDINGSIN

2021 AS OF DECEMBER 31, 2020 2021 vs. 2020 PRICE RANGE LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN

CANAAN

$2,000,000 - $2,999,999 -50.0% -50.0%

$4,000,000 - $4,999,999 -33.3% -27.3%

45 15 3 76 12 6

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

RANGE

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

$5,000,000 - $9,999,999

133.3%

$3,000,000 - $4,999,999

0 0 0 0 0 0

M

2 7 0 17 10 2

SNAPSHOT GREENWICH, CT | $3M AND

1 0 Not Valid 0 1 0 0.0%

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

$10,000,000 and up

LUXURY MARKET REPORT 4th QUARTER 2021 TEN-YEAR MARKET HISTORY WESTCHESTER COUNTY LUXURY HOME SALES | $2M AND HIGHER PUTNAM COUNTY LUXURY HOME SALES | $1M AND HIGHER Source : Hudson Gateway Multiple Listing Service.

LUXURY MARKET REPORT 4th QUARTER 2021 TEN-YEAR MARKET HISTORY DUTCHESS COUNTY LUXURY HOME SALES | $1M AND HIGHER GREENWICH, CT LUXURY HOME SALES | $3M AND HIGHER Source : Mid-Hudson and Greenwich Multiple Listing Service.

LUXURY MARKET REPORT 4th QUARTER 2021 TEN-YEAR MARKET HISTORY DARIEN, CT LUXURY HOME SALES | $2M AND HIGHER ROWAYTON, CT LUXURY HOME SALES | $2M AND HIGHER Source : Smart MLS.

LUXURY MARKET REPORT 4th QUARTER 2021 TEN-YEAR MARKET HISTORY NEW CANAAN, CT LUXURY HOME SALES | $2M AND HIGHER Source : Smart MLS.

/HOULIHANLAWRENCE.COM HOULIHANLAWRENCE @ @HOULIHANLAWRENCE HOULIHANRE Q4 LUXURY MARKET REPORT A SELECTION OF 2021 LUXURY SALES 24 ROCK RIDGE AVENUE GREENWICH, CT Offered at $14,750,000 · 203.869.0700 425 ROUND HILL ROAD GREENWICH, CT Offered at $11,900,000 · 203.869.0700 23 SMITH GREENWICH,ROADCT Offered at $29,900,000 · 203.869.0700 410 GRACE CHURCH STREET RYE, NY Offered at $6,950,000 · 914.967.7680 445 COUNTY ROUTE 17 CHATHAM, NY Offered at $6,950,000 · 845.677.6161 28 SUNNYBROOK ROAD BRONXVILLE, NY Offered at $8,500,000 · 914.337.0400 10 BROAD BROOK ROAD BEDFORD HILLS, NY Offered at $4,995,000 · 914.234.9099 160 CHESTNUT RIDGE ROAD BEDFORD CORNERS, NY Offered at $4,950,000 · 914.234.9099 28 VALLEY BRONXVILLE,ROADNY Offered at $5,495,000 · 914.337.0400

/HOULIHANLAWRENCE.COM HOULIHANLAWRENCE @ @HOULIHANLAWRENCE HOULIHANRE Q4 LUXURY MARKET REPORT A SELECTION OF 2021 LUXURY SALES 118 GLENWOOD DRIVE GREENWICH, CT Offered at $11,995,000 · 203.869.0700 1 HARBOR GREENWICH,DRIVECT Offered at $10,950,000 · 203.869.0700 465 FIELD POINT ROAD GREENWICH, CT Offered at $11,995,000 · 203.869.0700 32 MT HOLLY ROAD KATONAH, NY Offered at $5,950,000 · 914.234.9099 24 JUNE ROAD NORTH SALEM, NY Offered at $5,495,000 · 914.234.9099 134 PINE BROOK ROAD BEDFORD, NY Offered at $5,995,000 · 914.234.9099 49 SARLES STREET ARMONK, NY Offered at $4,399,999 · 914.273.9505 1168 HUNNS LAKE ROAD PINE PLAINS, NY Offered at $4,250,000 · 845.677.6161 10 DOGWOOD LANE RYE, NY Offered at $4,795,000 · 914.967.7680

914.234.0308 HOULIHANLAWRENCE .COM HOULIHAN LAWRENCE PRIVATE BROKERAGE

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

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