June 13th, 2009
Boston real estate officials said an anonymous buyer set a city record by paying $300,000 for a private parking space.
It is the most expensive parking space in the city’s history, according to Debra Sordillo of Coldwell Banker Residential Brokerage, who brokered the deal.
Debra Sordillo said several residents at 48 Commonwealth Ave. engaged in a bidding war for the space, driving the asking price of $250,000 up to the record-breaking $300,000.
June 2nd, 2009
A painting by Chinese artist Sanyu fetched a record HK$42.1 ($5.4 million) at a Hong Kong auction as bidders fought for lots, betting that the worst of Asia’s art-market slump is over.
Of the 38 lots offered last week at Christie’s International’s top selection of Asian art, 34 sold, raising a combined HK$181.7 million, according to the London-based auction house.
That’s about twice the company’s presale estimate, said Kate Malin, a Christie’s spokeswoman.
June 2nd, 2009
Beginning June 15, 2009, Google is relaxing its policy on use of trademarks in ad copy text.
In the past, Google has restricted the use of brand names in ad text and was willing to take action to prevent it which allowed you to authorize specific resellers to use your brand while restricting the remainder of the market.
Now Google will allow previously disapproved ads to run on Google.com and the content network in the USA, without the need for approval by the trademark owner.
June 1st, 2009
From famous chateaux ranging from Lafite to Margaux and Mouton, wine lovers had a chance to bid for top French wine in Beijing on Friday at the first wine auction yet on the Chinese mainland.
Around 1,000 bottles of fine wine from France’s renowned Bordeaux area were on auction with a starting price of several hundred to several thousand U.S. dollars Xinhua reports.
94 percent of the wines were sold and over 90 percent of the buyers said they would drink the wines themselves, not for investment.
May 20th, 2009
The Hong Kong collector who bought Cullinan’s blue diamond has named it the ‘Star of Josephine’, Petra Diamonds said on Tuesday.
The flawless cushion shaped diamond, weighing 7.03 carats was purchased by Hong Kong collector Joseph Lau Luen-Hung on 12 May.
“Mr Lau bought the diamond for HK$74-million (US$9.48-million) and he has already exercised his right to name the diamond, which is now known as ‘Star of Josephine’,” said the company.
May 19th, 2009
Boucheron celebrates the launch of the movie “HOME”, for which its parent company PPR is the exclusive worldwide partner.
Precious metals and gems are amongst the earth’s most precious gifts and on this occasion, the House has especially created “The Magnetic Quatre”, a unique combination of four golds.
The amalgamation of different golds and textures of this unique product symbolizes our planet’s four elements; wood, air, water and earth and reminds us of their fragile balance.
