Around the Water Cooler  

A Record Year in Real Estate
The Coldwell Banker Gundaker New Homes Division set a record for new home sales in 2003 of $522 million, with more than 2,400 new home sales. Coldwell Banker Gundaker is a member of the NRT family of companies, a subsidiary of Cendant Corp. – the nation’s largest real estate brokerage company. In 2002, NRT posted a real estate industry record of $149 billion in closed sales volume.

Tops in Design
Two local architectural firms were recently named to Interior Design magazine’s “Top 100 Giants” list. Hellmuth, Obata & Kassabaum (HOK), with 193 designers on staff, was ranked second in the country, while The Lawrence Group, with 40 designers, was a new addition to the list at the 95th spot. Both firms were also included in top 10 lists by design category, with The Lawrence Group named among the top 10 in residential design, and HOK garnering No. 1 spots by design fee overall and in the fastest growth category.

Sell Your Stuff
A local entrepreneur has launched a new Web site that offers an alternative to the online auction model for buying and selling goods. Laura Geraghty’s site www.sellyourstuffstlouis.com began as a way for her to sell baby items she no longer needed, and blossomed into a multi-category trading site, with a simple model. A $5.00 fee allows anyone to post items for sale, while PayPal handles the secure transactions. No more pesky bidding wars – sellers simply post a price and wait for a buyer. The site is still in its infancy, but Geraghty hopes her straightforward approach will resonate with local buyers and sellers.

Record Condo Sales
The sales team at The Plaza in Clayton is racking up some impressive numbers. In addition to closing the top 10 most expensive condominium sales in the Clayton real estate market for 2003, the Plaza posted the highest reported sale for a single-family home or condominium in the entire St. Louis metropolitan area – $4.05 million for a 7,600 sq. ft. condominium. In total, the Plaza in Clayton sales team closed a record $49 million-plus in sales for 2003.

Web Winners
Congratulations to NETWORK contributor Paul Riat, whose daily business news site www.businessnewsupdate.com was awarded Best Web Content honors at the recent St. Louis Web Developers Organization’s Best Web Sites of the Year competition.

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