BARNES New York & Westchester, proud sponsor of FASNY Drive-in Movie Night

BARNES New York & Westchester had the incredible opportunity to sponsor the FASNY (French-American School of New York) drive-in movie night, that took place with great success on April 23rd, 2021. This great evening was the opportunity for FASNY to celebrate its 40th Birthday, enthusiastically following the famous Yellow Brick Road to Oz in the perfect location with yummy snacks and a lot of fun.

In an effort to reinforce its presence in the Upper New York state area, as well as supporting the French community in the Northern part of the state, BARNES New York will expand with a new agency opening very soon in the Westchester region. BARNES is at your disposal to support you in all your real estate projects, in New York City itself or throughout the metropolitan area. Do not hesitate to contact us.


The French-American School of New York (FASNY) is an international, independent, coeducational day school providing a global education to approximately 800 students in nursery through grade 12. FASNY is the only school in the New York metropolitan area accredited to offer both the International Baccalaureate and the French baccalaureate. FASNY is located in Westchester County, NY, with campus in Larchmont and Mamaroneck.

New BARNES Magazine International Edition Spring-Summer 2021

We are pleased to announce the release of BARNES MAGAZINE #29, fresh off the press. This International, Spring-Summer edition features Alain-Dominique Perrin, President of the Cartier Foundation for Contemporary Art. He welcomes us in his home in Verbier, a beautiful chalet overlooking the Swiss Alps valley, and recounts his extraordinary career, strongly marked and defined by the creativity in the world of luxury, a passion for Art and a sensitivity for great wines and heritage symbolized by the acquisition and renovation of the Château de Lagrézette, near Cahors.

Of course, this new edition will also allow you to be completely up to date with the latest news in the fields of design, discovering unique Architect Furniture, architecture, art, wine, eco-yachts, and events, whether you are interested in high French cuisine or golfing, as well as a sample of Real Estate properties from the trendiest locations.

BARNES continues its global adventure by expanding and presenting properties from new offices on Lake Como, in the Principality of Monaco and in Beaulieu-sur-Mer.

Ask your free copy and enjoy your reading!

New edition of the BARNES magazine with the main guest featured on the cover page, and various pictures in the background representing Art and real estate.

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Meet the Member: Yann Rousseau, Managing Partner, BARNES New York – the French American Chamber of Commerce

Meet the Member: Yann Rousseau, Managing Partner, BARNES New York

Interview by the French American Chamber of Commerce

Yann Rousseau, Managing partner at BARNES New York, had the privilege to be interviewed by the French American Chamber of commerce this week. Learn more about the man leading the BARNES agency in the Big Apple.

Originally from France, Yann grew up in Paris but now considers Bordeaux and Arcachon his home. He completed three masters degrees in environmental engineering, environmental economics, and wine and spirits management. He has lived in over a dozen cities across six countries and three continents (France, Seychelles, United Kingdom, Italy, Burkina Faso, United States).

After working for several years in the development and humanitarian arena (United Nations, French Government, Seychelles Government, private sector…), Yann decided to move to the U.S. and embrace a new career. Originally settling down in Miami, he started his career as a Real Estate consultant in 2013.

Yann has since been assisting clients from modest rentals to luxurious homes, new developments and profitable acquisitions for both cash-flow purposes and capital gain. For him, it is about supporting each and every client, regardless of his budget and intentions, to accomplish his Real Estate projects in full serenity and confidence. He believes in long-term relationships gradually moving from tenant, to owner, and investor.

FACC-NY: As an Engineer with a background in Economics and in the public and private sector spanning over 6 countries over 3 continents, what guided your decision to work in the realty industry with Barnes New York? 

It actually started out of luck when I moved to the US (Miami) to follow my wife, who is originally from South Florida. Her mother has a modest real estate portfolio and since I didn’t have a major career plan then, she asked me to take care of it while I was figuring things out. I enjoyed discovering a new industry and starting a new career in the US. I joined a boutique brokerage in Miami, and then quickly joined BARNES’ office. After a couple of years there, BARNES gave me the opportunity to revive the NY operation. So we moved north in late 2018 and I reopened BARNES NY alongside my partner Christophe Bourreau. Two years after, we recruited 12 agents and doubled the best year of business ever recorded for the office. And we are about to open a new agency, in Larchmont, covering the Westchester area.   

FACC-NY: How do you assess the present state of real estate in the Post-COVID period?

It is hard to define precisely because the situation remains fluid. Everyone has heard about an exodus from Manhattan, but when we look at Q3 and Q4 of 2020, the numbers are actually even better than what they were at the same time in 2019. There is of course a non-negligible “catching-up” effect, where the last two quarters tend to compensate for a very slow beginning of 2020. In a nutshell, real estate transactions still need to be made and most of it had just been pushed back to the end of the year. Now in 2021, we can witness a strong recovery on the resale side, though the market remains tense on the rental front. It is definitely a tenants’ market, and it somehow remains a buyers’ market though to fewer proportions compared with 2020. We assume a general 8% decrease in price (resale) across Manhattan, with some neighborhoods resisting better than others. New developments are suffering much more and we can easily attain 2-digit discounts. Rental-wise, Landlords have to leave on the table at least 2-months of free rent to find tenants.

FACC-NY: How hopeful is BARNES New York for economic recovery in NYC? 

Given the level of sufferance that is being seen all over the City, one has to remain modest. Although the industry representatives are striving for us to be categorized as essential workers, we are merely here to keep on assisting our clients in the safest way possible. People still have to move and find a place to live. In parallel, we keep on communicating highly about NYC and about the relevance of such a real estate investment, at a time where the news pretends that everyone is fleeing the City. New York will always be New York, and this shall remain one of the safest investments one can make in a such a volatile world.

FACC-NY: Are you generally seeing a lot of price reductions in the NYC realty scene due to the pandemic?

Indeed, as indicated prior, about 8% overall in Manhattan for resale and about 2-months of free rent for rentals. This is an average and certain property types, for instance, townhouses or high-luxury units, are suffering less and seem to be weathering the storm just fine. Also, the most sought-after neighborhoods (SoHo, Tribeca, prime UES…) did not take that much of a hit, if any, as opposed to those areas that heavily rely on the market forces. The “best” example being the Financial District and around major Universities (NYU / Columbia), where the lack of attendance definitely impacted the local market. On top of that, new developments are the most heavily impacted by the pandemic, because their deadlines (either regulatory or financial) press them to move their inventory at almost all cost. Discounts for this asset class can easily range over 20% which is absolutely unprecedented; margins of negotiations for new buildings tended to be close to zero in the past.  

FACC-NY: How do you go about choosing listings in the new normal? What are the features that make a place particularly appealing to buyers nowadays? 

As one can expect, anything that offers some sense of space, air, breathing, or green, stands a stronger advantage today. In the past, people didn’t seem to care too much for an obstructed view and were instead fine with a low floor on a dark street as long as the location was great and the amenities plenty. Now, buyers and tenants realize that they might have to spend much more time in their apartment, and during the day, so they need to be able to feel less claustrophobic. Townhouses are a must in that regard. And of course, “flex” arrangements are now a must. Units with additional spaces (dens, nooks, loggias…) that can be used for home offices are more attractive than ever. 

FACC-NY: What kinds of price ranges are you seeing the most movement in right now?

Everyone is looking for a deal but people still have to move and find a roof. Basically, we haven’t seen a large shift in the price points because, as much as the entry-price properties will always be sought after, the people that can acquire multi-million-dollar property are scattered all over the world. And they are the ones with a particular eye on the market now to see what opportunities are. On the other hand, we have slowly started seeing some price points that we hadn’t seen for quite some time in the City, such as condo units under $500k, or coops under $400k. The entry point is getting lower for sure and sells at a discount.

FACC-NY: What led you to join the FACC-NY community?

We are originally a French company, with strong roots in France where the bulk of the BARNES business takes place. It is only natural for us to be an active member of the French community wherever we have an office, and the Chamber of Commerce is often an excellent relay to that end. Besides, we are often the entry point for companies and individuals relocating to the City from France (or from French companies), so it makes absolute sense for us to be members of the Chamber. We service all interested parties but our core clientele remains closely tied to France.

Read the article on the FACC website

Editorial by Thibault de Saint-Vincent, President of BARNES

“Hope is a loan made to happiness.” Joseph Joubert

Over the last few weeks, the world has been experiencing a crisis on an unprecedented scale due to the exponential spread of COVID-19. One by one, countries have gone into lockdown and their economies have been brought to almost a standstill.

We would like to pay tribute to all of those involved in this combat: to the health care staff first and foremost, for their relentless fight and their courage and determination as they seek to stem the pandemic; and to all those working to provide essential services (pharmacists, shopkeepers, checkout assistants, lorry drivers, dustmen, security services, etc.). All of those undervalued occupations, without which our day-to-day lives would be unbearable. With regard to the real estate sector, we would also like to thank the notaries and banks that have stepped up their efforts recently to allow our clients to finalise their transactions. Lastly, we would like to extend a token of friendship to all of our teams, our partners and our clients to thank them for their loyalty and to assure them of our support. We would like to say those two simple words that are so often forgotten: thank you.

Many of you are questioning the future of the high-end property market in which BARNES has become a benchmark thanks to your trust. Staying true to our values of attentiveness and proximity, we have endeavoured to meet all of your needs and will continue to do so. The initial information available shows that luxury real estate will weather the storm. Although they have slowed, transactions are continuing. Cancellation and withdrawal rates are low, and downward pressures on prices remain limited to a small margin at all of our destinations.

At a time of great scepticism on the equity market, when liquidity seems risky, high-end real estate is asserting its status as a safe haven. Indeed, everyone can measure the precious benefit that owning a premium property brings during this period of lockdown. Both a sound and vital investment, bricks and mortar are proving to be an invaluable asset in these difficult times.

In this highly volatile situation, having a clear view of the market and its environment is of crucial importance. Thanks to its local knowledge, the quality of its expertise and the scope of its services, BARNES is able to provide a precise response to your needs when it comes to the art of living. Its extensive experience has seen it endure and overcome numerous crises. Its global vision that is constantly updated positions it as the guarantor of clear and immediate arbitration.

Both now and in the future, we will be by your side to support and guide you in your choices by remaining faithful to the values that unite us. Together, we will weather the storm and come out stronger.

Take care of yourselves and your families. And above all, don’t lose hope.

Because in the words of Joseph Joubert, hope is a loan made to happiness.” What could be more fitting and inspiring in these times than to have happiness as a creditor.

Thibault de SAINT VINCENT, President of the BARNES Group

Webinar – The impact of Covid-19 on the New York real estate market

Webinar BARNES New York
The impact of Covid-19 on the New York real estate market

In view of these troubled times and turbulent current events, on Friday 10 April at 3.30 pm (Paris time), 9.30 am (New York time), BARNES shared with you his vision of the current situation, the modifications in its internal organisation, in the way it communicates with its customers, and in its interaction with the markets in which the network is present, particularly the New York market. It is by understanding the present context, while remaining as factual as possible, with figures and data in support, that we will be able, with prudence and humility, to prepare for the future.

Within one month, the world as we know it has been profoundly impacted by a pandemic of rare violence, unparalleled and with many repercussions. In Europe, as in the main states of the United States, containment has become mandatory and many companies and independents dread the weeks and months to come. Many experts speak with certainty about the next steps, with the majority of these predictions being regularly challenged after a few days.

As such, BARNES New York has offered you a live virtual conference in French during which the following themes were discussed:

  • Introduction and overview of the main real estate markets in the world where BARNES is present. By Thibault de Saint Vincent, President of BARNES Group.
  • Focus New York. By Christophe Bourreau, Manager Partner BARNES New York.
    • The current new regulatory framework
    • Impact on transactions in progress
    • How have buyers and sellers reacted in the last two weeks?
    • What are the effects on the rental market?
    • Possible short- and long-term consequences
    • How is commercial real estate in New York and the US reacting? By Miriam Driot, Real Estate Agent and Commercial Expert BARNES New York
  • Financing: How are the banks reacting?

With the participation of Rachel Brunet –, Editor of the New York edition.

Contact us for more information

Conferences June 2019 – Investing or setting up in New York: how to take advantage of the opportunities of the current market

Throughout the month of June 2019, BARNES New York organized several conferences in New York, London, Paris, Geneva, Cannes, and Saint-Tropez. We would like to thank all the participants as well as all those who contributed to these events. A real success with more than 250 people registered, we hope that these conferences were at the same time informative, useful and pleasant; the primary objective of such meetings being to inform you about New York real estate, both from a process point of view and market information. Whatever your project (acquisition, investment, rental, sale, etc.) our team is at your disposal and will be happy to assist you.

Please don’t hesitate to ask us for more information on New York real estate.

June 4, 2019 – New York, on the rooftop of The Caledonia, in the heart of Chelsea. In collaboration with Betty Benzakein, Premier Mortgage Consultant at HSBC, Richard Ortoli, lawyer specializing in real estate law and international taxation, and French Morning.

June 18, 2019 – London, exceptional property showcasing a superb bespoke interior, a short walk from Buckingham Palace. In collaboration with BARNES London, Maître Richard Ortoli, and Guillaume Tardivat, account manager.

June 19, 2019 – Paris, in the heart of the Champs Elysées in an exceptional property with a 360-degree view of Paris. In collaboration with Master Richard Ortoli.

June 25, 2019 – Geneva, top floor of the Fédération des Entreprises Romandes, with a breathtaking view of the city. In partnership with BARNES Miami.

June 26, 2019 – Cannes, Villla Bressarello at Cap d’Antibes. In partnership with BARNES Miami and BARNES Yachts.

June 27, 2019 – Saint-Tropez, Villa aux Parcs de Saint-Tropez. In partnership with BARNES Saint-Tropez, BARNES Miami, and Guillaume Nicolau, head of the International Clientele Department at Up Notaries.

Stay informed of New York real estate news and our upcoming events by subscribing to our newsletter.

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An integrated international network for tailor-made solutions

An interview with Christophe Bourreau, director of Barnes New York.

A leader in international luxury real estate, BARNES has been supporting its clients in Florida since 2002. I joined BARNES in 2008 with the aim of promoting the American market in France. In June 2009, I became Director of BARNES office in Miami, a leading company in the international luxury real estate industry. BARNES has been in the Big Apple since 2009, New York being a priority market for our customers. I became director of BARNES NY in 2011. Since then, we have been advising buyers and sellers in their real estate projects, mainly in Manhattan and Brooklyn.

You and your company

Which services, which products, which activity?

BARNES assists you in all of your projects by offering all the services essential to the achievement of a perfect acquisition, from legal arrangement to final decoration, including financing, international formalities, domiciliation, insurance, rental management, etc.

What is the spirit, the culture of your company? What characterizes it?

Since its creation in 1995, BARNES has reinvented luxury real estate and offers an integrated international network in order to offer tailor-made solutions to its customers. From transaction to rental management, BARNES now deploys its expertise through more than 10 businesses.

BARNES brings together more than 800 employees, all experts and committed, in more than 15 countries and 85 offices. The promise of BARNES lies in the possession of fine real estate among the greatest international capitals and resorts.

A true family business, BARNES transmits to its employees its essential values of excellence, respect and its French know-how.

Why did you decide to settle in New York?

New York has always been a priority market considered by our customers, whether for a pied-à-terre or an investment. New York was simply the logical next step in the development of our BARNES office.

What advice would you give to those looking to move to New York?

Moving to New York is as exciting a life project as it can be difficult … My advice would be to always be accompanied by experts in every area related to an expatriation project: accountant, lawyer, real estate agent …

New York and you…

What do you like about New York?

New York is a land of opportunity. It is a constantly changing city where anything is possible when you have ambition and when you make the necessary efforts to achieve that ambition.

It is also the capital of the world where all types of cultures and profiles are present and contribute to making New York a city of incomparable richness.

What is your favorite neighborhood in or around NY City?

I really like Williamsburg, which has been able to redesign and completely rethink itself over the past 15 years.

The United States and you?

What do you like most about America?

What I like most about America is this culture of entrepreneurship and accepting others.