Coldwell Banker Previews International® has once again demonstrated its leadership in the luxury real estate world. The latest evidence arrives in the form of The Ritz-Carlton Residences, Chicago the recently completed 40-story ultra-luxury high-rise. Prism Development Company selected Coldwell Banker Residential Brokerage as its exclusive brokerage. Previews® will market the available condominium units with its signature style and unsurpassed global marketing reach, said Betty Graham, president of Coldwell Banker Previews International® NRT.
“Worldwide, our Previews property specialists handle more than $86 million in luxury homes sales every day, giving us a unique perspective on the high-end marketplace in Chicago,” said Graham. “It is a tremendous honor for us to represent the caliber of properties found at The Ritz-Carlton Residences, Chicago.”
Previews is the ideal match for The Ritz-Carlton Residences, Chicago, added Craig Hogan, director of Coldwell Banker Previews International® in Chicago, who represented Coldwell Banker in the negotiations. “We are thrilled to be representing the most prestigious address in the city,” he said. “The Ritz-Carlton Residences, Chicago has raised the bar in ultra-luxury real estate and Coldwell Banker Previews International is the perfect selection to represent such an exquisite product.”
Bruce Schultz, managing principal of Prism Development Company agreed, saying Previews was chosen for its strong “local, national and international identity, reputation and proven market penetration.”
Hailed in the media as “the city’s most exclusive new condominium development,” The Ritz-Carlton Residences, Chicago has become the gold standard of residential luxury in Chicago with its rich combination of amenities, Ritz-Carlton service and impeccable design with top-of-the-line finishes and exquisitely designed de Giulio kitchens. Residents will enjoy exclusive membership of The Landmark Club, a private city club offering seasonal menus prepared by Chef Remi DuBois, in-home dining, two dining rooms, a grand salon, private, temperature-controlled wine storage, a staffed bar, billiards room, screening room, fitness club and spa services, full service concierge, valet, laundry and dry cleaning service and more. The classically-inspired art deco building—the realization of world-renowned French architect Luciene Lagrange—offers one to three bedroom residences, all complete with stunning interiors including private terraces and balconies, oversized windows and wide-plank hard wood floors. The residences range from $1.4 million to $5.2 million. Also available are two full-floor penthouse layouts, offered as raw space, in the range of $13-$14 million.
“Chicago has already seen a high level of sophisticated living—but The Ritz-Carlton Residences, Chicago takes it to a whole new level,” said Hogan. “It is THE flagship residential property in Chicago, and I believe it will help establish the city as a true global luxury destination.”
Hogan notes that Coldwell Banker has already seen a noticeable increase in property showing requests within the first few days of release on the company’s Chicago website. He says local affluent buyers are showing the strongest interest—especially those from the North Shore or the suburbs who want an apartment as a second or third home. However, several international buyers—including those from the United Kingdom and Europe—are also intrigued. “All of them are incredibly loyal to The Ritz-Carlton brand,” noted Hogan.
More information about The Ritz-Carlton Residences, Chicago can be found here.
