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knightfrank.com/research Luxury Investment Index Americana Manhasset Concours d’Elegance edition Classic Car Special Q2 2019

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Investment Index

Americana Manhasset Concours d’Elegance edition

Classic Car Special Q2 2019

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L U X U RY I N V E S T M E N T I N D E X Q 2 2 0 1 9 C L A S S I C C A R S P E C I A L

2P A G E 3P A G E

DETAILS: CONCOURS D’ELEGANCE SHOW GUIDE

RESEARCH: THE KNIGHT FRANK LUXURY INVESTMENT INDEX

INTERVIEW: JEFFREY EINHORN, CHIEF JUDGE

PROPERTIES: THE BEST OF DOUGLAS ELLIMAN AND KNIGHT FRANK

12

10

6

5

8SPECIAL FOCUS:

THE CLASSIC CAR MARKET

THE KNIGHT FRANK LUXURY INVESTMENT INDEX

KFLII tracks the capital value of a theoretical basket of selected collectable asset classes using existing third-party indices provided by leading independent experts (see below). Each asset class is weighted to reflect its relative importance and value within the basket. The index does not take into account dealing, storage or other associated ownership costs.

Data provided by: Art Market Research (art, jewellery, watches, stamps, coins and furniture), Fancy Color Research Foundation (coloured diamonds), HAGI (classic cars), Wine Owners and Rare Whisky 101. Please contact [email protected] for more information.

Editor – Andrew Shirley [email protected]

Media enquiries – Astrid Recaldin [email protected]

Design – Quiddity quidditymedia.com

Front cover: 1965 Ford GT40 Roadster Prototype sold at the 2019 Monterey auctions by RM Sotheby’s for $7.7m. Image courtesy of RM Sotheby’s

OTHER MARKET-LEADING KNIGHT FRANK PUBLICATIONS

The Wealth Report 2019

The global perspective on prime property and investment

© Knight Frank LLP 2019This report is published for general information only and not to be relied upon in any way. Although high standards have been used in the preparation of the information, analysis, views and projections presented in this report, no responsibility or liability whatsoever can be accepted by Knight Frank LLP for any loss or damage resultant from any use of, reliance on or reference to the contents of this document. As a general report, this material does not necessarily represent the view of Knight Frank LLP in relation to particular properties or projects. Reproduction of this report in whole or in part is not allowed without prior written approval of Knight Frank LLP to the form and content within which it appears. Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934. Our registered office is 55 Baker Street, London, W1U 8AN, where you may look at a list of members’ names.

Private View 2019

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E X T R A O R D I N A R Y L I V I N G I NE X T R A O R D I N A R Y S P A C E S

P R I V A T E

The London Report 2019

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Luxury Investment Index - Q1 2019

LUXURY INVESTMENT

INDEXColoured Gemstones Special 2019

TWENTY GROSVENOR SQUARE LAUNCH EVENT EDITION

W E L C O M E

TO THE 15TH AMERICANA MANHASSET CONCOURS D’ELEGANCE

Each year, as proud sponsors of this fantastic event, we are here for you, our Gold Coast community, ready to answer any of your questions

about all things real estate

A N N C O N R O Y , P R E S I D E N TD O U G L A S E L L I M A N ,

L O N G I S L A N D D I V I S I O N A N N . C O N R O Y @ E L L I M A N . C O M

S U S A N D E F R A N C A , P R E S I D E N T A N D C E O

D O U G L A S E L L I M A N D E V E L O P M E N T M A R K E T I N G S D E F R A N C A @ E L L I M A N . C O M

S C O T T D U R K I N , P R E S I D E N T A N D C O O

D O U G L A S E L L I M A N S C O T T . D U R K I N @ E L L I M A N . C O M

ouglas Elliman | Knight Frank

is delighted to welcome you

to this special edition of the

Knight Frank Luxury Investment Index.

Many of our clients are passionate

about classic cars so we are proud to be

involved with the Americana Manhasset

Concours d’Elegance, one of New York’s

leading automotive events, for the fourth-

year running.

Produced in conjunction with the event,

this report provides a fascinating guide to

the classic car market, which never ceases

to amaze with vehicles routinely selling for

tens of millions of dollars.

When it comes to property, the alliance

between Douglas Elliman, the second

largest independent real estate company

in the US, and Knight Frank, the world’s

largest independently owned real estate

business, makes us your perfect partner

for every stage of your life - from your

first home onwards to assembling an

international investment portfolio.

In the U.S. we provide access to the

most desirable homes in New York, Long

Island, Boston, Los Angles, Aspen, Miami

and now also Texas. Globally, we cover

all of the world’s key city and second-

home locations. Turn to page 13 to view a

selection of our finest homes for sale.

Our relationship also allows us

to match the growing number of

international buyers looking for a home

in the U.S. with their dream property, so

whether you are thinking of buying or

selling real estate anywhere in the world

we can help.

We hope you enjoy this report. Please

do get in touch if we can help in any way.

D

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L U X U RY I N V E S T M E N T I N D E X Q 2 2 0 1 9 C L A S S I C C A R S P E C I A L

4P A G E 5P A G E

OUR STORES:

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WHEREVER YOU MAY BE LOCATED, CONTACT AMERICANA’S COMPLIMENTARY PERSONAL SHOPPING SERVICE, YOUR ULTIMATE RESOURCE.VISIT US ONLINE TO VIEW OUR FALL 2019 LOOKBOOK AND VIDEO, NEW HORIZONS.

NORTHERN BOULEVARD AT SEARINGTOWN ROAD • MANHASSET, LONG ISLAND NY • EXIT 36 ON THE LIE©2019 CASTAGNA REALTY CO., INC.

AM Single Page Campaign.indd 1 9/24/19 11:02 AM

AMERICANA MANHASSET 15TH ANNUAL CONCOURS D’ELEGANCECELEBRATING INNOVATION, DESIGN AND TECHNOLOGYSUNDAY, OCTOBER 13, 2019

2019 EVENT SCHEDULE

8am – 9:30am: Vehicle Registration

for Concours Participants

8am – 9:15am: Judges Breakfast

9:30am – 1pm: Judging of Vehicles

2pm: Awards Presentation

The Americana Manhasset Concours D’Elegance, apremier luxury automotive event featuring rare pre-war European and American Classics and significantpost-war sports cars, celebrates its 15th Anniversaryevent on Sunday, October 13. The field for theday showcases historically important automobiles,European and American marks, superfast racing cars,as well as the new breed of green technology andbattery based supercars.

Over 100 cars will compete for Best in Class and Bestin Show, with winners receiving customized Tiffany &Co. crystal plaques in recognition of their automotiveachievements. Saint-Louis Crystal, a division ofHermès, will present a special judges choice award.

Featured cars include a 1939 Delage D6 3 LitreGP Racer, 1948 Tucker 1044, 1957 Mercedes Benz300 SL, 1969 Ferrari 512S, 1972 Ferrari Daytona,1995 Ferrari F50, and so many more!

These magnificent cars are set against the backdropof Americana Manhasset, a luxury shopping centerdesigned by noted architect Peter Marino. Lime-stone and glass facades featuring fashions fromGucci, Louis Vuitton, Prada, Chanel, Hermès, GiorgioArmani and more compliment the elegant lines ofthe show cars.

The Americana Manhasset Concours D’Elegance offers guests a rare glimpse of privately-owned automobiles at one place and at one time. The totalfield is valued at well over $25 million dollars.

The 2019 event will celebrate 15 years of Americana Manhasset’s Concours d’Elegance. Since the event’sinception in 2004, Americana’s Concours has attracted rare and valuable antique vehicles as wellas futuristic concept designs from the world’s mostexclusive luxury car marks. In 2007, guests wereexcited to view the Maserati Birdcage conceptvehicle designed by Pininfarina.

Past guests of honor have included the late AndreaPininfarina, Pininfarina SpA Chairman and CEO;Wayne Carini, noted collector-car archaeologistand host of Chasing Classic Cars; Jason Castriota,Global Brand Director for Battery Electric Vehiclesfor the Ford Motor Company, and many more! Thisyear, however, Americana will honor it’s Concoursparticipants, many of whom have supported theevent from the very beginning.

Jeffrey Einhorn will once again serve as the Chief of Judges. Jeffrey has enjoyed a lifelong love affair withdriving, restoring, collecting and racing vintage cars–and in the process, he acquired an encyclopedicknowledge of post-war sporting and specialtyvehicles.

The Concours will benefit Ronald McDonald Houseof Long Island through the purchase of raffle tickets,with an opportunity to win a fabulous 2020Porsche 911 C2 Cabriolet.

2019 EVENT SPONSORSTalon Air • Deutsche Bank Wealth ManagementDouglas Elliman Real Estate | Knight FrankTiffany & Co. • Marcum, LLP • Atria Senior LivingH u g o B o s s • S a i n t - L o u i s • B a r F r i t e sBryant & Cooper Steak House • Cipollini TrattoriaHend r i ck ’s Tave rn • Toku Mode rn As i an

2019 AUTOMOTIVE PARTNERSAutosport Designs • Bespoke Motor Group:Bentley, Lamborghini and Rolls-Royce of Long IslandFerrari of Long Island • Gold Coast MaseratiKarma Long Island • Lamborghini of Long IslandPorsche Gold Coast • Lincoln Motor Company

Knight Frank Concours Single 2018.indd 1 9/24/19 4:01 PM

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L U X U RY I N V E S T M E N T I N D E X Q 2 2 0 1 9 C L A S S I C C A R S P E C I A L

6P A G E 7P A G E

W H I S K Y T O P S L U X U R Y I N D E X A S C L A S S I C C A R

M A R K E T D R O P S D O W N A G E A R

Andrew Shirley, Head of Luxury Research at Knight Frank, examines the market for luxury investments

his time last year classic cars

still had a firm grip at the top

of the Knight Frank Luxury

Investment Index (KFLII), but that all

changed with the introduction of rare

Scotch whisky into the mix.

With 10-year growth of 540%, according

to the Knight Frank Rare Whisky 100

Index – created for us by the experts at

Rare Whisky 101, even classic cars couldn’t

compete, especially as the market has

started to lose momentum.

Although the HAGI “Top” Index, which

we use to track the performance of classic

cars has grown by a highly respectable

190% over the past 10 years, annual growth

to June 2019 slipped into negative territory

with prices sliding 5%.

Art, meanwhile, rose 10% over the same

period – Rabbit, a work by the pop artist

Jeff Koons, set a record for a living artist

when it went under the hammer for just

over $91m in May – while investment-grade

fine wine was up 9%.

Gear change

“The money guys have gone elsewhere,”

says HAGI’s Dietrich Hatlapa when I ask

him why classic car prices have come back.

Donald Trump’s clarification of Section

1031 of the Internal Revenue code regarding

classic cars, has also dampened the market

somewhat, he adds. “What we’re seeing

now is the return of the collector.”

“In terms of traded values, the expected

differentiation and outperformance

between automobiles with notable history

or sought after rarity, including brand new

supercars, is continuing,” confirms Peter

Neumann from Connecticut-based classic

& collectible car advisory firm Chrome

Strategies Management.

“From a more positive perspective the

‘lifestyle’ element of the hobby continues

to expand rapidly, and awareness outside

T

A 1994 McLaren F1 “LM spec” sold at the Monterey auctions by RM Sotheby’s for $19.8m.

Bentley takes best of show at Pebble Beach 2019

the bounds of traditional participants

is widespread. We see more planning

around best-practice buying, holding,

and planning for the future. The hobby is

‘growing up’,” adds Mr Neumann.

“The direction of the collector car

market in the U.S. continues to be set by

younger enthusiasts – primarily Gen-X

(1965-1981),” points out John Wiley Senior

Data Analyst at specialist insurer Hagerty.

“Their interests in vehicles such as

vintage trucks and SUVs, along with

useable cars and bikes in the traditional

segments, will shape what’s in demand.

As the more numerous Millennials (1982-

2000) grow-up and become wealthier,

expect further shifts along these lines.”

Big money

Despite the slowdown, the best cars are

still making serious money, albeit off the

back of lower sell-through rates at auction

where fewer cars are hitting their top or

even low estimates.

The benchmark Monterey sales this fall

were a good example of the current market.

Overall, just over $245m worth of cars were

hammered down, still a lot of metal, but

well short of the $371m achieved last year.

However, nine cars managed to break

the $5m barrier. The top seller was a

McLaren F1 which RM Sotheby’s got away

for $19.8m – a world record for the model.

Other notable successes included $6.4m for

a James Bond Aston Martin DB5 – replete

with all the gadgets from 007’s Goldfinger

outing – and $7.7m for our cover star, a

1965 Ford GT40 Roadster Prototype.

The $6m paid for Nicki Lauder’s 312T F1

car also highlighted the ongoing demand

for historic grand prix cars, notes Mr

Hatlapa. “F1 is a hot market right now.”

Milestones

This year also marks a number of historic

classic car milestones, with Bentley and

Zagato both celebrating their centenaries.

Fittingly best in show at Pebble Beach

this year was a 1931 Bentley 8-litre Gurney

Nutting Sports Tourer (pictured below left),

owned by Sir Michael Kadoorie.

Meanwhile at the other end of the

collector market, the last ever VW Beetle

rolled off the production line earlier this

year – truly the end of an era. A 1977 “bug”

with just 128 miles on the clock made

$61,000 at the Monterey sales. Rare special

editions can make much more.

Turnover for more market data, including a focus on Bentley, Zagato and the Beetle.

Source: Compiled by Knight Frank Research using data provided by Art Market Research (art, coins, furniture, jewellery, stamps and watches), Fancy Color Research Foundation (coloured diamonds), HAGI (cars), Rare Whisky 101 and Wine Owners. All data to Q2 2019 except stamps and coins (Q4 2018)

Knight Frank Luxury Investment Index (KFLII) performance by asset class (to Q2 2019*)

Rare whisky

Coloured diamonds

Rare whiskyCoins

StampsKFLII

WatchesFurniture

Coloured diamonds

Jewellery

Furniture-30%

Watches63%

Stamps64%

Jewellery100%

Coloured diamonds

105%

Wine142%

Art146%

KFLII146%

Cars190%

Coins193%

Rare whisky540%

10 YEARS

Rare whisky

Coloured diamonds

Rare whiskyCoins

StampsKFLII

WatchesFurniture

Coloured diamonds

Jewellery

Jewellery-7%

Cars-5%

Coloured diamonds

0%

Furniture1%

Watches2%

KFLII4%

Stamps6%

Wine9%

Art10%

Coins12%

Rare whisky23%

12 MONTHS

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L U X U RY I N V E S T M E N T I N D E X Q 2 2 0 1 9 C L A S S I C C A R S P E C I A L

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43%

57%

1111112

2234

55

7 7

7

9

10

FERRARI

OTHERS

OTHERS6 9 90

OTHERSPORSCHEMERCEDES-BENZASTON MARTINBUGATTIMCLARENALFA ROMEOFORDJAGUARAC/SHELBYBENTLEYDUESENBERGMASERATIBMWDELAHAYEHORCHLAMBORGHIROLLS-ROYCETALBOT-LAGO

PORSCHE

+5% +5% -4%-3%

LAMBORGHINI MERCEDES-BENZFERRARI

A JM 1988

1962Aston Martin

DB4 GT Zagato$14.3m

1962Aston Martin

DB4 GT Zagato$14.3m

1962Aston Martin

DB4 GT Zagato

$14.3m

1950Ferarri 166 MM

$5.4m

1956Maserati

A6G/2000 Zagato

$4.5m

1931Alfa Romeo

6C 1750Gran Sport

$3.1m

1931Alfa Romeo

6C 1750 Gran Sport$3.1m

1931Alfa Romeo

6C 1750 Gran Sport$3.1m

1956Maserati

A6G/2000Zagato$4.5m

1956Maserati

A6G/2000Zagato$4.5m

1931Alfa Romeo

6C 1750Gran Sport$5.4m

1931Alfa Romeo

6C 1750Gran Sport$5.4m

U N D E R T H E B O N N E TWith the help of data provided by our friends at HAGI and Hagerty we look at the nuts and bolts of the classic car market

Source: Hagerty * Condition 2 vehicles

Source: HagertySource: Various *Accurate to 27 September 2019. Prices converted to US$ at exchange rate prevailing at time of sale

8C 2900B LungoSpider (1939)

Alfa Romeo$19.8m

250 GTO (1962)Aston Martin$22.5m

DBR1 (1956)

Ferrari$48.4m

Ford$11.0mGT 40 (1968)

Chevrolet$3.9m

Corvette L88 Coupe(1967)

Series 1108 Custom Coupe (1934)

Packard$4.2m

Plymouth Hemi Cuda(1971)

Chrysler$3.8m McLaren

$19.8mF1 LM spec (1995)

4 1/2 Litre litre Blower Birkin (1929)

Bentley$7.8m

Type 55 Roadster (1931)

Bugatti$10.4m

917K (1970)

Porsche$14.1m

AC/Shelby$13.8mCobra 260 (1962)

Duesenberg$22.0m

Duesenberg SSJ (1935)

Jaguar D-Type (1955)

Jaguar$21.8m

Mercedes-Benz$29.5mW 196 Grand Prix (1953)

Top marquesNumber of cars sold at auction for over $5m*

Podium finishPrice change by marque 2019 (Jan to Aug)

Chequered flagBest selling models sold at auction from key US and European collectors’ marques

Beetle driveThe very last VW Beetle rolled off the production line this year. Prices for classic models have risen sharply

One hundred years of Italian designThis year marked the centenary of Italian coachbuilder Zagato. Its designs have graced some of the most expensive cars to sell at auction

Source: HAGI

Source: Various *Accurate to 30 September 2019. Prices converted to US$ at exchange rate prevailing at time of sale

THE MOST EXPENSIVE BEETLE VARIANT TO SELL AT AUCTION –

A 1944 AMPHIBIOUS SCHWIMMVAGEN

DATE OF MANUFACTURE

1949-1967$40,300

Current price* (Q3 2019)

10-year change

DATE OF MANUFACTURE

1968-1980$26,300

125%

51%

$230,934

$14.1m

$10.1m

$6.1m $5.8m

1 2 3 4 5 6 7 8 9 10

1930 Speed Six Le Mans Old Number 2 Touring Vanden Plas1931 4 1/2-Litre Supercharged Le Mans Roadster

1931 4 1/2-Litre Supercharged 2/3 Seater Boattail Gurney Nutting1931 4 1/2-Litre Supercharged Two-Seater Sports Vanden Plas

1930 6 1/2-Litre Speed Six Coupe Corsica1929 Speed Six Grafton Coupe Freestone & Webb

1931 8-Litre Coupe Gurney Nutting1928 4 1/2-Litre Semi-Le Mans Tourer Vanden Plas

1947 Mark VI Base Drophead Coupe Franay

19294 1/2-Litre

SuperchargedSingle Seater

1930Speed SixLe MansOld No. 2Touring Vanden

19314 1/2-LitreLe MansRoadster

19314 1/2-Litre

Two-seaterSports

VandenPlas

19306 1/2-LitreSpeed Six

Coupe Corsica

1930Speed Six

Grafton Coupe

Freestone & Webb

19318-Litre Coupe Gurney Nutting

19314 1/2-Litre 2/3 Seater

Boattail Gurney Nutting

1928 4 1/2-Litre Semi-Le

Mans Tourer Vanden Plas

1947Mark VI

Drophead Coupe Franay

$7.8m

$5.1m$4.6m $4.5m

$4.0m$3.4m

$2.9m $2.9m $2.8m $2.8m

1 2 3 4 5 6 7 8 9 10

Diverging green to orange

Pantone

CMYK

RGB

Hex

167 C

21 69 100 11

186 93 0

#BA5C00

1365 C

1 37 75 0

247 177 80

#F7B04F

12 0 16 0

242 255 237

#F2FFED

7472 C

71 13 38 1

67 167 167

#42A6A6

7476 C

91 45 53 48

6 79 80

#015151

Darkest Green blend blend blend blend

Darkest Orange

Light Green

Light Orange

Pale Teal

Positive NegativeNeutral

BU

RN

ING

RU

BB

ER

F

E

RU

NN

ING

ON

EM

PTY

1963-1983Jeep Wagoneer1966-1977Ford Bronco1969-1972Alfa Romeo GTV1982-1986Toyota Supra1990-1998Mazda MX-5 Miata1993-2002Mazda RX-71999-2002BMW M Coupe2004-2006Dodge Ram SRT-10 Pickups1986-1992Toyota Supra1990-1994Volkswagen Corrado

94939393939393939292

1965-1970Cadillac DeVille1958-1959Ford Fairlane1968-1982Chevrolet Corvette1997-2005Acura NSX1963-1971Mercedes-Benz 230SL1968-1971Lincoln Continental Mk III1975-1980MG MGB1976-1989Porsche 911 Carrera (Turbo 930)1967-1971Mercedes-Benz 280SE1988-1991Buick Reatta

181717171515151510

9

Hagerty Vehicle Rating*

Source: Hagerty *Accurate to 29 September 2019

Source: Hagerty *A 0 – 100 rating based on several different metrics that measures the appetite for a specific vehicle in the collector car market

Top 10 most expensive Bentleys to sell at auction

Winners and losersThe cars leading and lagging the market (August 2019)

Source: Hagerty *Hagerty’s top 500 US clients ** Mean insured value for vehicles in each class/vehicle group to September 2019

100BIRTHDAY

TH

100BIRTHDAY

TH

1927-1931 Bentley 4 1/2-Litre

1955-1959 Bentley S

2003+ Bentley Continental GT

1946-1952 Bentley Mark VI

2007+ Bentley Continental GTC

2011+ Bentley Mulsanne

2017+ Bentley Bentayga

1996-2010 Bentley Azure

1936-1939 Bentley 4 1/4-Litre

1921-1929 Bentley 3-Litre

$1,400,000

$730,000

$140,000

$125,000

$150,000

$250,000

$260,000

$100,000

$260,000

$650,000

1

2

3

4

5

6

7

8

9

10

1927-1931 Bentley 4 1/2-Litre

1955-1959 Bentley S

2003+ Bentley Continental GT

1946-1952 Bentley Mark VI

2007+ Bentley Continental GTC

2011+ Bentley Mulsanne

2017+ Bentley Bentayga

1996-2010 Bentley Azure

1936-1939 Bentley 4 1/4-Litre

1921-1929 Bentley 3-Litre

$2,750,000

$146,000

$717,500

$118,000

$325,000

$1,592,500

$86,500

$280,000

$1,200,000

$1,800,000

1

2

3

4

5

6

7

8

9

10

M O D E L V A L U E * *

65

M O D E L V A L U E * *

100 years of BentleyTop 10 most collected Bentleys in US UHNW collections*

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How did you get into classic cars and what was the first vehicle that you bought?

Like many people who are interested in

classic cars, I was born into it. I grew up

racing, restoring, buying and selling cars

because that’s what my father did in his

spare time. When I was 16, I was gifted

a 1967 Volvo 122s station wagon with a

wooden roof rack by my dad – it was navy

blue with a maroon interior and probably

the slowest machine on the road. I was

desperate to get into something faster. As

soon as I had the money, I bought a 1969

Alfa Romeo 1750 GTV, which was by far the

coolest car in the parking lot at my high

school. Mission accomplished.

How did your collection grow and what’s in your garage now?

My dad raced and restored Austin Healeys

and so I’ve always been into European

cars. Over the years I’ve had many more

Alfa Romeos, including a 1986 GTV6 when

I was at college in upstate New York. The

passenger door wouldn’t close properly

when it was cold out – basically the entire

school year – and it would swing open

whenever I took a left-hand turn. It made

for fun dates. Like other people my tastes

have gone in phases and my collection has

grown and shrunk with life events. At one

point I was really interested in cars from

the 1980s and 1990s, and went through

three E34 BMW M5s and two Cosworth

Mercedes 190E 2.3-16s – the car that made

Ayrton Senna famous.

The most cars I’ve owned at one time

was nine – three of them were BMW M5s –

and with living in NYC it was pretty

tricky to find garages for all of them. Now

I’m down to a reasonable four, which I

think is a good number. One of them is a

McLaren MP4-12C, which I bought from

the dealer in Chicago and drove 1,000

miles back to New York. I also have a 2014

Porsche 911 50th anniversary edition,

which is a very special car, a rare Mercedes

station wagon from Sweden, and a 1965

Austin Healey 3000.

What has been your favourite car and why?

My Austin Healey. My father purchased

it in 1983 and we restored it together with

my brother. It was the car that I learned to

drive stick on and I drove it to my school

prom as well as many high school dates

on warm nights. In 2014 my dad sold it to

a surgeon when his wife said he had too

many cars. I found out days later and was

crushed. Miraculously, earlier this year I

was looking though Hemmings late one

night and saw it for sale. Straight away

I left a message for the seller – he didn’t

return my call immediately and made me

sweat it out for 36 hours – but I got it back

and now it will never be sold.

What is your best driving memory?

One of my most recent fun memories

was when I drove the McLaren back from

Chicago with a friend. We went through the

Aleghenny mountain range, across lots of

farmland and down the occasional dirt road.

People would crowd round us like it was a

spaceship. I convinced this same friend to

drive my 50th Anniversary Porsche 911 back

from Ohio as well. These adventures are my

favorite part of the hobby.

Is there a dream car you’d like to add to your collection?

If money was no object, it would have to

be a McLaren F1. On a more practical level

I’m looking for a Porsche 911 S 1965 to 1967

in Irish green – I just love that color. Early

911s are such wonderful cars to drive and

live with.

What do you enjoy most about being the head judge at the Americana Manhasset Concours?

There are two elements that keep me

coming back. What I really love is to walk

from car to car and speak to the owners

and get the stories behind their vehicles.

Classic car owners are some of the nicest

people you can meet, and they love sharing

intimate details about the history of their

cars, even with people they’ve only just

met. I also just love being in the judging

room at the start of the day and getting

to set the tone and conversation with

my judges for each of the classes. And of

course the concours is a great event,

there’s something for everybody.

Which of the cars that you’ve judged really stand out?

I would say it’s some of the owners rather

than specific cars that have stood out to me.

Two of them in particular: Glenn Simon

and his Ferraris and Phil Schwartz and

his Corvettes. Glenn is somebody who is

dedicated to doing things perfectly, but

simultaneously seems to be able to stay

so laid back. Phil has a great attitude and

his cars are some of the very rarest and

best examples.

Apart from Americana Manhasset are you involved with any other classic car events?

Yes, I run two events which are very different.

The Bridge is an invitation-only, non-judged

show held at the former Bridgehampton

Race Circuit. I started it four years ago with

two partners and it’s absolutely blown up.

To begin with we had 60 cars, but this

year there were over 260. Owners fly them

in from all over the world and I have

thousands of people phoning up asking if

they can take part. I’d say it’s now one of

the premier automotive events in the US.

I also co-founded CarPark, which is NYC’s

curated cars & coffee. It happens three to

four times a year and is very laid back,

there could be 1,000 people and 200 cars of

all shapes and sizes.

By profession you’re a lawyer who’s worked on some pretty high profile cases; which is more stressful, standing up in court or choosing a concours winner?

[Laughs] Well, actually, I don’t find either

of them particularly stressful. Both are

labors of love. When you’re judging cars it

can be a bit political, but you just have to

put that to one side.

J U D G E J E F F

Jeffrey Einhorn is the Head Judge of the American Manhasset Concours d’Elegance. He shares his love of classic cars with Knight Frank’s Head of

Luxury Research Andrew Shirley

What I really love is to walk from car to car and speak to the owners and

get the stories behind their vehicles.

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Jeff’s Austin Healey turns heads in NYC

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Welcoming a stunning Dino to CarPark in Brooklyn

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T H E B E S T O F D O U G L A S

E L L I M A N A N D K N I G H T F R A N K

Whether it’s a stunning waterfront property on Long Island’s Gold Coast, a high-rise architectural masterpiece in Manhattan or a

stunning home in the world’s other leading cities and second-home hot spots, Douglas Elliman and Knight Frank have the globe covered

PRESTIGE PROPERT Y

P I T S T O P

Every year the Americana Manhasset Concours d’Elegance road rally, held the day before the main event, stops for refreshment at a

stunning property on the market with Douglas Elliman. This year we were fed and watered at 35 Chestnut Hill Drive in Upper Brookville.

Broker Maria Babaev offers a guided tour

F O R M O R E I N F O R M A T I O N P L E A S E C O N T A C T M A R I A . B A B A E V @ E L L I M A N . C O M 5 1 6 . 2 8 7 . 7 7 1 6

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C L A S S I C C A R S P E C I A L

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Featured in the May 2000, issue of “Architectural Digest”, one of

its creators described it as a marriage of American Shingle style and

English Arts and Crafts.

Its floor plan encompasses a unique and open feeling with

public rooms in the west wing and service and leisure rooms in

the east wing. Each wing has its own spectacular staircase; the

east accesses all three floors; the west accesses only the second

floor that houses five generous bedroom-bath suites. The ultimate

retreat and entertainer’s delight, the property includes ample

parking, an attached four-car garage, and an oversized pool with

expansive brick patios and a delightful pool house.

Upper Brookville has long been a popular location for leaders of

industry and finance to build their grand estates.

Its beautiful, wooded countryside is dotted with gorgeous

properties and residents enjoy an ideal location convenient

for boating, golf, equestrian facilities, quaint village shopping

and museums.

And when work sadly beckons, close proximity to the

Long Island Railroad means Manhattan is just around

40 minutes away.

ucked away on five magnificent acres in the North Shore

village of Upper Brookville, a mystical and, perhaps,

even magical estate welcomes all with a warm and

charming presence.

Built at the end of the twentieth century, but looking like it was

built at the beginning of that century, it presents a conundrum.

What is its architectural style?

Its rustic character evokes a love of nature. Is it patterned after

an Adirondack “grand camp”? How about a Handsel and Gretel

house in the middle of its own enchanted wooded playground? Was

it found in the pages of J.R.R. Tolkein book?

No. The answer is in the name of the architectural firm that

designed and custom built it. Ike Kligerman Barkley are well known

for their amazing ability to combine pieces of varying architectural

styles into stunning eclectic masterpieces.

Such is this amazing home. It is exquisitely crafted and designed

with the finest of materials and craftsmanship to provide luxury

and a casual elegance ideal for “Gold Coast” living.

It is very comfortable for family living as well

as entertaining on a grand scale and could appeal to

the most discerning of buyers.

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L O N G I S L A N D , N O R T H S H O R E

Chateau Monplaisir 1978 Knollwood Road, Muttontown, New York

European splendor on the Gold Coast. The exterior and interior of this home are reminiscent of a European manor house from another era, yet it offers all today’s Smart home technology.

6 bedrooms

5.5 bathrooms

Saltwater pool

Chef’s kitchen

Cinema

[email protected]

516.776.0039

Guide price $3,188,000

Property Number US3158642

946 West Shore Road Mill Neck, New York

Savor Oyster Bay Harbor views from this 7000 sq ft elegantly appointed and newly renovated front porch colonial.

8 bedrooms

6.5 bathrooms

A state of the art fire place

Glass enclosed solarium pool & sauna

[email protected]

516.319.3274

Guide price $4,199,000

Property Number US3152719

Wildbank 12 Hicks Lane, Sands Point, New York

Former home of John Philip Sousa. Extraordinary 2.6-acre waterfront estate with deep-water dock and sandy beach. Surrounded by perennial gardens that will take your breath away.

6 bedrooms

5.5 bathrooms

House & cottage

Wine cellar

Tennis court

Surrounded by perennial gardens

[email protected]

516.449.7598

Guide price $8,995,000

Property Number US3047138

52 Peacock Lane Lattingtown, New York

This exceptional home is partially on Peacock Point, once home to Red Cross founder, Henry P. Davison. Opulence and comfort abound with exquisitely detailed wood and stone floors, and grand fireplaces.

6 bedrooms

6 bathrooms

2 half bathrooms

Huge gourmet dream kitchen

Wine cellar

Gigantic entertainment room

[email protected]

516.314.0953

Guide price $6,795,000

Property Number US3027257

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18P A G E 19P A G E

260 Elderfields Road Manhasset, New York

One of the timeless and elegant properties designed by John Kean of Kean Development. This is a grand stone masterpiece on over an acre of beautiful lush gardens.

5 bedrooms

Stunning architectural elements

Intricate mill work

Finest bespoke cabinetry & finishes

5 bathrooms

2 half bathrooms

[email protected]

516.857.0987

Guide price $4,798,000

Property Number US3096998

35 Clocktower Lane Old Westbury, New York

Brand new construction and ready to be shown. Sitting on approximately 5 acres, this 16,000 sq ft home offers an all brick exterior with copper gutters and liters.

6 bedrooms

7.5 bathrooms

Home theater

Pool, spa and swim-up bar

4-car garage

[email protected]

516.359.2672

Guide price $8,850,000

Property Number US3143362

Colonial Residence 11 The Courtyard, Lattingtown, New York

Combining timeless beauty and sophisticated appeal with an abundance of natural light throughout, this stunning 4-acre estate is truly a Hamptons alternative, nestled In total privacy.

7 bedrooms

4.5 bathrooms

Tennis & mooring

Full house generator

Sparkling pool complex

[email protected]

646.239.0769

Guide price $1,699,000

Property Number US3072679

121 Village Rd Manhasset, New York

Young brick CHC designed and custom built by well-known local builder. Mediterranean design details throughout. Two-story portico with impressive Corinthian columns. Slate/copper roof with clay chimney pots.

4 bedrooms

5.5 bathrooms

Granite walkway and patio

Paver & Belgium block driveway

Exercise room

[email protected]

516.241.9848

Guide price $2,998,000

Property Number US3161531

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U . S . N E W D E V E L O P M E N T S

111 West 57th Street New York

A Modern masterpiece. Composed of the original landmarked Steinway Hall and a new tower by SHoP Architects with bespoke interiors by Studio Sofield. Perfectly centered on Central Park.

24-hour concierge

Swimming pool

Treatment rooms

Private porte cochere entrance

[email protected]

+44 20 7861 5033

Guide price $16,000,000 to $57,000,000

Property Number IRD180028

The Centrale 138 East 50th Street, New York

At 71 stories tall, The Centrale takes its place alongside Midtown Manhattan’s most iconic buildings. The design, by Pelli Clarke Pelli Architects, builds upon classic Art Deco architecture with contemporary elements thoughtfully displayed throughout, such as the reflective glass façade articulated with facets of terracotta chevrons.

24-hour security

Swimming pool

Leisure facilities

[email protected]

+44 20 7861 5033

Guide price $1,695,000 to $40,000,000

Property Number IRD190002

The XI 76 11th Avenue, New York

A profile in the unprecedented. Condominium residences with mesmerizing views. 60,000 sq ft of amenities curated and managed by Six Senses New York.

Swimming pool

Fitness Centre

Private wine tasting room

[email protected]

+44 20 7861 5033

Guide price From $2,800,000

Property Number IRD180029

The Elysee Edgewater, Miami

Elysee will soon punctuate Edgewater’s skyline soaring 57 stories over Biscayne Bay. The boutique building features just two expansive residences per floor, each boasting breathtaking, unobstructed views of the Bay, Miami Beach and Downtown Miami skylines.

3-6 bedrooms

3-7 bathrooms

Spa

Swimming pool

Private parking/garage

[email protected]

+44 20 7861 5033

Guide price $1,860,000 to $9,375,000

Property Number RSI190844

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I N T E R N A T I O N A L

Monkey Business St James, Barbados

This property is a quintessential glimpse of true luxurious Caribbean living. An exquisite home nestled on a hillside with a breathtaking gully meandering along its northern boundary and set in beautifully landscaped gardens, which create a perfect sanctuary.

Swimming pool

Guest house

Double garage

[email protected]

+44 20 3640 7048

Guide price $3,950,000

Property Number RSI190865

Lucca Tuscany, Italy

A beautifully renovated farmhouse, dating back to the 15th century, offering modern comforts while maintaining all the original materials. Located on the hills north of Lucca the property enjoys spectacular views.

7 bedrooms

5 bathrooms

Guest house

Staff cottage

Swimming pool

[email protected]

+44 20 7861 5034

Guide price €2,995,000

Property Number SER190005

Saint-Rémy-de-Provence France

An outstanding home located in the hills above Saint-Rémy de Provence and set within approximately 0.5 hectare of land with swimming pool, pool house and double garage. The property offers outstanding views over the Alpilles.

7 bedrooms

7 bathrooms

Swimming pool

Wine cellar

Double garage

[email protected]

+44 20 7861 5034

Guide price €4,900,000

Property Number RSI190849

Arundel Gardens Notting Hill, London

A glorious and superbly presented stucco-fronted house located in an idyllic garden square setting offering an abundance of natural light and real sense of volume and immense style with direct access to a wonderful communal garden.

6 Bedrooms

5 Bathrooms

5 Reception rooms

Communal garden

[email protected]

+44 20 7313 9112

Guide price £9,500,000

Property Number NGH130241

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knightfrank.com

Jason mansfield+44 20 7861 [email protected]

Connecting people & property, perfectly.knightfrank.us

A S P E N M I A M I

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