Sheldon Good & Co. Luxury Real Estate successfully auctions residence at the Ritz-Carlton New York

After yielding 19 prospective bidders, Sheldon Good & Co. proves its real estate auction platform is one of the best methods for selling luxury real estate

PR Newswire

NEW YORK, June 2, 2014 /PRNewswire/ -- Sheldon Good & Co. Luxury Real Estate, a New York-based luxury real estate auction firm, has announced the successful real estate auction of a 29th floor premiere residence at The Ritz-Carlton New York for $2,960,000. 


Sheldon Good & Co.'s global marketing campaign generated over 5,000 inquiries from all 50 U.S. states (led by New York) and 1,448 international countries (led by Brazil).  Representatives from The Cocoran Group, Douglas Elliman, and Halstead attended showings.  During the four week open house schedule, over 65 people toured the property yielding 19 prospective bidders.

"The successful sale at the Ritz-Carlton is a testament to our luxury home auction method and why the Sheldon Good & Co.'s real estate auction platform for luxury properties is the most effective way to sell a home," stated Craig Post, Executive Director at Sheldon Good & Co. "Luxury home auctions in the U.S. and internationally are gaining favor with sellers, as homes remain on the market for years without selling using traditional real estate marketing techniques. In just four weeks, we were able to generate impressive global attention for this luxury residence and derive a fair-value market price through our competitive luxury real estate auction."

Located at the Ritz-Carlton, in the heart of Manhattan's financial district, this three bedroom waterfront residence offers spectacular views of the Statute of Liberty, New York Harbor, and city skyline.  The 1,944 square foot residence features luxurious appointments and quality finishes, as well as the exclusive amenities and privileges offered by the 5-star Ritz-Carlton hotel and spa.

Sheldon Good & Co. has upcoming luxury property auctions throughout the world planned for this summer, with sales already occurring in Aspen, Colorado, Napa Valley, California, New York, New York, Palm Beach, Florida, and Central America.  If you or someone you know is interested in buying or selling a remarkable property through Sheldon Good & Co., call (212) 213-9770 or visit

About Sheldon Good & Co. Luxury Real Estate

Sheldon Good & Co. is a luxury real estate auction firm headquartered in New York City.  The company specializes in selling luxury properties with values of at least $5 million and a general value between $10 - $25 million, with the highest properties valued in excess of $50 million. For more information, please visit

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