realestate

Carlo Siracusa on Christie's NJ Market Dominance & Emerging Developments

Christie's International Real Estate Group Outperforms in NJ's Challenging Resi Market: An Exclusive Interview

H
ead to New Jersey to see how Christie's International Real Estate Group is thriving in a challenging residential market. TRD spoke with Carlo Siracusa, Vice President of Business Development at Christie's, about two new development projects that showcase the firm's luxury credentials.

    The Atlantic Club in Long Branch boasts 75,000 square feet of amenities and 132 units with stunning ocean views, making it the most luxurious condo community on the Jersey Shore. Meanwhile, a 282-unit Port Imperial development is set to break ground across the Hudson from Manhattan, addressing the region's tight inventory issue.

    These projects embody the luxury lifestyle and design that buyers expect when they see the Christie's name. Despite headwinds in the market, Siracusa notes that Christie's is experiencing a 15% increase in sold volume compared to New Jersey MLS statistics. This growth is thanks to the firm's internationally-respected brand and innovative partnerships like its collaboration with real estate AI firm Deepblocks.

    By leveraging these strengths, Siracusa and his team are driving market momentum instead of being held back by it.

Carlo Siracusa discusses Christie's New Jersey market dominance and emerging developments.