Monday 26 September 2016

Sotheby's New York hires Irish expert and seeks new business

Published 19/07/2015 | 02:30

Sotheby's Maura Kinney
Sotheby's Maura Kinney

Maura Kinney has joined Sotheby's International Realty in Manhattan, NY after 15 years in the real estate industry in Europe.

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As Director of International Property Investment for CBRE in Dublin and before that Hamilton Osborne King (now Savills), she sourced, marketed and sold high end resort and investment property in the European and US markets for European investor and lifestyle clients, specializing in the south of France, Paris, prime London and NY. She brokered the sale of a €25m central London residential property to an Irish buyer.

Ms Kinney does individual search and acquisition for clients and has consistently found the perfect matches and dream homes/investments for her clients. She also works with wealth managers on behalf of their clients

Ms Kinney is particularly interested working with Irish clients who wish to sell their NY property and says she "can bring the global power of the Sotheby's brand to achieve the best prices and bring the highest level of buyers".

"I am very excited to be in NY again; the market is strong and there are fantastic properties on the market, both pre-war and modern. There are new buildings under construction in Manhattan attracting great interest from foreign buyers.

"Through my years in Europe I have long term overseas clients and I source property for buyers and represent sellers who own property in NY and wish to sell. The strong dollar is encouraging Eurozone owners to sell and at Sotheby's International Realty we have access to a high caliber of global buyers and properties," she added.

Ms Kinney joins the team in Sotheby's New York at an opportune time, with Irish investors known to be showing increased interest in overseas properties, with New York in particular now attracting strong attention.

The so called "jet set" of the Celtic Tiger days may be at the vanguard of the return to buying overseas but with interest rates currently so low and quantitative easing leading to a glut of cheap money, investors are turning more and more to property as an investment.

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