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Sotheby’s International Realty Launches New Development Division, Sotheby’s International Realty Development Advisors
Sotheby’s International Realty Development Advisors will provide clients with a multi-faceted marketing platform. Through the brand’s vast global footprint and referral network of more than 880 offices in 70 countries around the world, the new development division will provide clients with the tools required to identify and target selected buyers through all available Sotheby’s International Realty channels, including exclusive marketing to the extensive client base of Sotheby’s auction house.
"We are pleased to announce the launch of our new development business as an answer to the growing demand from developers, who are seeking a fresh, new development solution," said Kathy Korte, President and CEO of Sotheby’s International Realty, Inc. "We believe that the expertise, professionalism and credibility of Sotheby’s International Realty brokers, led by a highly skilled and respected leader like Kathy Kaye, will be a priceless asset to luxury property developers and owners."
Industry veteran, Kathy Kaye, has been appointed to spearhead this new division. With over 30 years’ experience, Kaye is considered one of the leading voices in the real estate development marketing space, having leant her expertise to some of New York’s most prestigious companies and brands.
Sotheby’s International Realty Development Advisors is launching with a number of noteworthy luxury developments already in its portfolio, including Madison Equities’ 212 Fifth Avenue, Alchemy Property’s The Woolworth Tower Residences, Macklowe Properties’ 737 Park Avenue, Alloy Development’s One John Street, Property Markets Group and JDS Development Group’s Stella Tower, and Axia Realty’s 40 East 72nd Street.