Paris: Capitale de Tout!
IT’S CALLED FRENCH PROPERTY FRACTIONAL
You likely already know lots about it. It’s a pretty simple concept. You and a group of others share in the ownership of one property and then share the time spent in that property. It is NOT TIMESHARE.
French Property Fractional, our division that specializes in co-ownership, makes a point of finding only the finest of properties in the finest locations, developed by the finest of savvy developers. It’s our reputation at stake, so you can trust that we’re never going to represent a property that won’t deliver!
If you are interested in traditional fractional ownership properties currently offered by our Fractional Ownership partners, visit: /frenchproperty/fractional
Dear Parler Paris Reader,
From this vantage point at the desk between two windows overlooking rue de Saintonge, I can see the sky, the neighbors getting ready to go to work and hear an occasional vehicle slosh through the snow. Last week while working in tandem with Schuyler Hoffman in New Orleans on the week’s issue of French Property Insider, I could hear the din from the massive demonstration opposing Sarkozy policies that rocked France, but since noise of this kind is quite the norm, it didn’t stop us for a moment to think it anything out of the ordinary.
The evening before, the officials of the City of Paris were celebrating “Paris, Capitale de la Création” at the Hôtel de Ville with Deputy Mayors Jean-Bernard Bros (tourism), Lyne Cohen-Solal (Commerce) and Christophe Girard (Culture), to honor young designers for their creative achievements while their colleagues and friends applauded them with one hand while drinking champagne with the other. As is the tradition, the “grands salons” of the City Hall were lit in pink, but the decorations are enhanced each year to add even more creative festivity to the occasion. My “little birdie” at the Hôtel de Ville, Laurent Queige, is the behind-the-scenes producer of the event, to whom we must thank for the splendor: Merci, Laurent!
Friday morning was a less grand occasion, but monumental nonetheless for those who are involved. In the offices of our Notaire, who now projects the “Acte de Vente” document on a large flat screen for all to see, while he makes the necessary corrections and additions on his cordless keyboard, the seller of “Le Palace des Vosges” signed over the deed to the buyers. As “Gerante” of the “SCI” (“Société Civile Immobilière” – a French property company), I signed on behalf of all the buyers, accepted the keys and the responsibility of the project.
This is the first Fractional Ownership property we have developed ourselves. Fortunately we have the interior design guidance and coordination in the hands of Martine di Matteo, who has prov
en her talents time and time again, and who begins this week on the renovation to turn the 81 square-meter Place des Vosges apartment into a palatial and luxurious, yet totally comfortable ‘peace of heaven.’
Saturday if you were near the Hôtel de Ville, the Centre Georges Pompidou or virtually anywhere in Le Marais, you wouldn’t have been able to avoid the fireworks, clamor and color of the annual Chinese New Year Parade. It’s the year of the ox — the ox represents perseverance, patience, balance and hard work. Yep, that’s what we all need during these tough economic times. Perfect timing for such a down-to-earth, loyal and strong-willed symbol.
The Chinese community in Paris is made up of several hundred thousand who first came to France in the latter part of the 17th-century. There are four China Towns in Paris now — in the 13th arrondissement near Place d’Italie, in Belleville (where the 19th and 20th districts meet), in a small pocket in the 18th arrondissement near Métro Marx Darmoy at Place de Torcy and in the Marais centered around rues au Maire and Volta in the 3rd. They are the largest single ethnic population in the 3rd, having taken over the wholesale trade lost by the Jews during the German occupation of France during World War II…but they continue to remain quite discreet…except during the annual festivities when it seems like millions, not thousands, take to the streets!
For those who want to learn more, a reader and friend of Parler Paris, MA Shumin, writes in her blog what she discovered about the Chinese community in Paris.
Last night about 20 readers of French Property Insider participated in an international conference call to discuss the forecast of French property prices in 2009 with John Rule, our Mortgage and Rental Manager, Mary Ellen Gallagher, one of our Search Consultants and me to answer their questions. A full report will be in this week’s FPI for those of you who missed it along with a recording of the call. The bottom line for those interesting in owning in France is that now is a great time to take advantage of softening prices, low interest rates and a moderate dollar-euro rate of exchange.
Subscribers to FPI are entitled to access the call as well as all past calls and all past issues of information. To subscribe, visit French Property Insider.
A la prochaine…
(with Martine di Matteo at the Capitale de la Création)
P.S. This coming Friday I’m headed southbound to Villefranche sur Mer to pay a visit to the Institut de Français, one of the country’s finest French language learning establishments. I know many friends who have attended, but I’d love to learn more from any of you who have attended what your impressions were of the school — your own stories. Write as much as you like! And send it to: [email protected]
P.P.S. Don’t forget that Tuesday, February 10th, is the monthly Parler Paris coffee gathering, “Après Midi,” 3 to 5 p.m. at La Pierre du Marais. We hope to see you there! Visit Apres Midi for more information.
P.P.P.S. Be sure to visit our newest vacation rental studio apartment at Parler Paris Apartments (renovated and decorated by Martine di Matteo)…”Les Ivoires de Montmartre!”: Les Ivoires de Montmartre
BE AN OWNER IN THE BEST ADDRESS IN PARIS!
Four Weeks a Year of Heaven in Your Own Part of “Le Palace des Vosges!”
Two Bedrooms, Two Baths + Powder Room With Usage of Two Parking Garages (1 = Personal Storage Lockers, 1 = Parking), 81m2 (872 sq ft)…designed and decorated by Interior Architect, Martine di Matteo…
Now you can own a share in an AMAZING “maison” — more of a house in the country than an apartment in Paris, right smack dab in the middle of Paris’ most elegant square — the Place des Vosges. The first four shares are the least expensive, so don’t miss this unique opportunity to be one of the first!
REGISTER FOR THE
LIVING AND INVESTING IN REAL ESTATE CONFERENCE AND SAVE UP TO $400 OR MORE!
Living and Investing in France Real Estate Conference
If you register now, you can SAVE $100 off the registration fee. And when you bring along your spouse, partner or friend, you can SAVE AN ADDITIONAL $200! Plus, if you bring a third person, we’ll EXTEND THE SECOND PERSON DISCOUNT!
TAKE ADVANTAGE OF THE NEW LOW INTEREST RATES
THE ULTIMATE MONEY-MAKING PHOTO WORKSHOP
You Don’t Have to be a Professional Photographer to Get Paid Top Dollar for Your Photographs and You don’t need a fancy camera either…
BE AT HOME IN PARIS…PARLER PARIS APARTMENTS
Welcome to your home in Paris. Home is how you will feel in a private apartment in Paris that has the “seal of approval” from Parler Paris Apartments and me, Adrian Leeds.
Introducing Our Newest Luxury Rental Apartment…
Les Ivoires de Montmartre
This bright and beautiful studio apartment has been freshly redesigned and renovated with the utmost attention to detail. Located on a quiet one-way street which was made famous by the hit movie “Le Fabuleux Destin d’Amelie Poulain” (yes that Amelie!), it promises you a stay to remember.
GET TO KNOW THE BEST OF THE GOOD-VALUE RESTAURANTS IN PARIS
Insider Paris Guide for Good Value Restaurants
You don’t need to be rich to dine well in Paris – you just need to know where to go. Enjoy fabulous three-course meals with wine for just $20 to $35, including tax and tip. Explore more than 200 hand-picked great-value restaurants. Plus, get a pull-out glossary of common food and dining terms found on French menus!
Insider Paris Guides are written for people who love the City of Light. You’ll get a Paris insider perspective on Good Value Restaurants… Making a Life… Black Culture… Expat Writers…plus, Practical Par
For more information, visit Insider Paris Guides at InsiderParisGuides.com
MEET PARLER PARIS READERS TUESDAY “APRES MIDI.”
The second Tuesday of every month, Parler Paris and French Property Insider readers gather at La Pierre du Marais for a drink and a “schmooze” — it’s an opportunity to meet and chat with other like-minded people and a great way to make friends! Costs nothing except whatever you drink, so don’t miss the next gathering on Tuesday, February 10th, 2009 from 3 to 5 p.m.
For more information, visit parlerparis.com/apresmidi.html
HAPPY VALENTINE’S DAY — BRING A FRIEND AND ATTEND PARLER PARLOR FREE!
Join us at the Parler Parlor Conversation Group for free-form conversation with native French and English speakers. Practice speaking 45 minutes in French, 45 minutes in English. Make friends, discuss interesting topics, learn about other cultures, progress in understanding and speaking, naturally and easily, in groups of 6 to 8, each in its own acoustically sound private room.
HAPPY VALENTINE’S DAY
Members of Parler Parlor: Bring one or more friends who have never attended before…the will attend free, of course (FIRST TIME FREE!), BUT SO WILL YOU!!! If you come alone…a session on your card will be marked off! So, don’t come alone…bring any Anglophone or Francophone friends of your choice. Sweets will be served!
For more information, visit ParlerParlor.com
FRANCE TODAY THE MAGAZINE OF FRENCH TRAVEL AND CULTURE
France Today is an insider’s look at French culture, people and trends — your savvy guide to off-the-beaten-track places and events in Paris and all over France!
“France-Amerique est vôtre lien privilégié avec la France et la langue française!”
To subscribe, visit http://www.francetoday.com or call 1-800-901-6560
Buy and sell with Parler Paris classifieds: ParlerParis.com/advertise.html
Paris: Capitale de Tout!
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