Where to Eat 1
A pale green sign marks the entrance to this French pastry shop, and a box of macarons—pink pepper and gingerbread are among the bolder flavors—can be consumed in the back bar area. 2
Soaring ceilings, an expansive terrace overlooking the Seine, and Eiffel Tower views make Monsieur Bleu in the Palais de Tokyo contemporary art center the hottest restaurant address in the city.
Where to Go 3
GALERIE MURIEL GRATEAU
An all-white interior sets a pristine backdrop for designer Muriel Grateau’s Art Deco jewelry, linens, and home accessories, including her signature minimal tableware, which are scarcely found in the United States. 4
Eager shoppers line up around the block to enter the luxury chain’s flagship, showcasing the brand’s signature mix of classic leather goods and creative collaborations with artists such as Stephen Sprouse and Takashi Murakami. Upstairs, in the gallery Espace Culturel Louis Vuitton, works by a range of artists are displayed.
Art dealer Emmanuel Perrotin’s skillful eye has drawn the public to many famous contemporary artists, pre-fame. His namesake chain of galleries (two are in Paris) never fail to impress, highlighting the deliciously avant-garde.
Real Estate Tips from our Local Experts • In comparison to London, Paris’s residential real estate market is approximately 15 to 20 percent less per square foot in the prestige arena. • The average price per square foot is approximately $1,040.
Where to Stay 6
LE ROYAL MONCEAU-RAFFLES, PARIS
This hotel, which opened in 1928, entered a new chapter in 2010 after a renovation by Philippe Starck. Now amenities include two Michelin-starred restaurants, a bookstore dedicated to contemporary art, a 99-seat private cinema, and a private collection of over 300 works of art.
• Despite a new tax on secondary residences introduced by president François Hollande, prices in the high-end market continue to rise. • Russian, Chinese, and Middle Eastern buyers are giving the market a boost. In 2012, foreign transactions accounted for 7 percent of real estate sales.
LOCAL LEVERAGE: Emile Garcin Properties
HÔTEL LA MAISON, CHAMPS ELYSÉES
A mysterious dark suite beckons in this otherwise pristine-white 57-room hotel. With black walls, floors, and curtains, the Curiosity Case Suite, one of 17 suites recently renovated by Maison Martin Margiela, seduces sleep with unexpected glamour.
VIEW PARIS PROPERTIES
LEVERAGE | WINTER 2014 | 15