Urban Fractionals

Fractional properties offering sun kissed beaches in idyllic locations are easy to come by, offering you the opportunity to unwind in your own personal pocket of tranquillity in an exotic locale but without sacrificing your wi-fi connection or perfectly chilled glass of white.

For those looking for a bit more activity from their fractional there are obviously plenty of golfing opportunities out there but what about the folks who crave  the bustle of a major city?

A couple of days on the beach or in the countryside (forget the golf, I’
m hopeless despite the fact that I do own a rather fetching collection of expensive carbon fibre / titanium wotsit clubs that I really should dig out the garage and eBay... anyway, I digress) and I’m desperate to get back to the hubbub and activity a city provides. 

The good news for me and others like me is that city based fractional opportunities are on the increase- particularly in the traditionally popular cities of London, Paris and New York.  Appealing not only to those who prefer to holiday in such areas as a rule but also  those craving a pied-a-terre to balance out their more relaxing beach/golf/ski holidays or for use as a crash-pad when visiting on business.

 There are certainly plenty of opportunities out there as a look on Fractionallife.com will show but let’s look at a few of the main ones in those key areas.  Beginning closest to home with London’s very own 47 Park Street. 

 47 Park Street, Grand Residences by Marriott When Marriott launched London’s 47 Park Street under the new Grand Residences brand in Mayfair in 2003, it was regarded Europe’s first and only urban fractional destination. Members are attracted to its versatility, sophistication and solid experience. It allows them to enjoy their residence at their convenience, while offering all the services normally associated with a luxury hotel. Reciprocal arrangements are in place with sister clubs worldwide, and the option of rental is available for unused time in order to maximise return. 

Moving to Paris there are now a few fractional opportunities but Paris-Pied-a-Terre stands out.  Paris-Pied-a-Terre operate French PRC schemes (Paris Residence Club), owner and founder Walid Halabi explained the appeal “At Paris Pied-a-Terre, you also get a level of services and amenities that no other programs are offering in Paris, so you get to live like a true Parisian”. 

 The Club provides hassle-free ownership by combining the advantages of quality Parisian real estate with many of the services and amenities of a fine hotel. Located in the best neighbourhoods it commands prestigious and convenient locations for business and pleasure. 

Amongst the hustle and bustle of New York you will find the St. Regis Hotel , the eighth and ninth floors of which have been masterfully transformed to present The St Regis Residence Club, New York.   There are studios, and one- and two-bedroom units covering a broad range of prices points for a share with 28 days of use a year with the potential to provide 5 Star hotel levels of service combined with the benefits of fractional ownership.

Also generating buzz is The Phillips Club, New York.  Located at Lincoln Square on Manhattan's Upper West Side and offers one-eighth deeded ownership in studio, one, and two-bedroom residences.

 Many urban fractional opportunities do actually form part of a diverse portfolio so it is worth checking out a variety of offerings to see what offers the best fit for you and your fractional ownership requirements.

22/06/2009

Articles

Any:
An Introduction to Fractionals

Art:
Fractional art donations prove charity starts at home

Handbags:
25 questions to ask about fractional handbag clubs

Boats & Yachts:
25 questions to ask a fractional boat operator
Fractional Boats in New Zealand
Pushing the (fractional) boat out
Boats & yachts- what's on offer?
Fractionalize This

Classic Cars:
25 questions to ask a fractional car club
Why opt for a 'fractional' classic car?
Classic Car Club Feature
Getting the most out of your fractional ownership experience
Why Not Rent?
You've Always Loved Cars?
Fractional Life hits Le Mans

Destination Clubs:
Lifestyle Asset Group: the best of both worlds
Relationship Selling to Todays Affluent Fractional Clientele
Mixed Use: Avoiding a mix up
Focus on the Registry Collection
DCs- Variety is the spice of (fractional) life
Fractional Property Glossary
Aspirational vs. Inspirational Media
Member Strategies For Lean Times
Brand Maintenance During An Implosion
What Goes Up Must Come Down...
Savings through Foreign Exchange
Fractional Finance Solutions
Destination Clubs- an alternative?
Fractional Ownership Heads to Europe
Private Residence Club Perspective Part 1
Quintess
Ultimate Resort
Calistoga Ranch
The Weybridge Collection
The Villas at The Grand del Mar
The Solstice Collection
Vacation Visions: Exceptional Exterior and Interior Designs of Residence and Destination Clubs 
Why the Boomers will change second home ownership in the US
Middle East Leisure Real Estate Market Booming
Bear Mountain Resort - A View from Paradise
New Association For Fractional Ownership
The New Vacation: A Time to Retune Re-Connect

Consultancy:
Profit Opportunities in Luxury Fractionals - A Summary

Exchange:
The Golden Rules of Fractionals

Racehorses:
A Horse by The Name of Fractional Life
Running Down a Dream

Corporate Hospitality:
So Long to the Suite Life

Aircraft & Jets:
25 questions to ask a fractional jet operator
Top tips for fractional jet travel
Jet Republic pilot applications reach new heights
Focus on Fractional Jet Europe
A closer look at fractional aviation
CoGoJets introduces jetpooling
Joining the jet set
Fly for a fraction of the cost
Flying without Wings
Can't afford that jet? Rent it
How Private Aviation Works

Legal Services:
Fractional ownership: is it timeshare in disguise?

Private Clubs:
A tale of two cities - Private residence clubs in San Francisco and London
The Italian Job: interview with Byrne Murphy of Palazzo Tornabuoni
Mixed Use: Avoiding a mix up
PRCs with added benefits
Northstars 'stay and play ' option
Private Residence Club Perspective
Fractional Property Glossary
What are the ingredients for the ideal Private Residence Club?
Savings through Foreign Exchange
Fractional Finance Solutions

Real estate:
Fractional Life in Ireland: For peat's sake!
Fractional Summit USA 2010- Speaker biographies
25 questions to ask about fractional property ownership
Fractional Summit Speaker Biographies
Fractional Property - The New Normal
Gay Community Embraces Fractional Property
Fractional Real Estate Investment Or Lifestyle Purchase?
Fractional Sales: Square Pegs In Round Holes?
Fractional Real Estate Commissions
Urban Fractionals
European Mixed-Use Resort Development in 2009
Mixed Use: Avoiding a mix up
Property- the legal issues
Fractional Holiday Getaways
Fractionals-Recession beaters?
State of fractionals
Fractional Property Glossary
Savings through Foreign Exchange
Fractional Finance Solutions
Fractional Property- the legal issues
Fractional Property Regulation
Fractional Ownership? We'll have a piece
Keep The Door Open
Why Fractional Property?
The Benefits of Fractional Ownership in Private Residence Clubs
Middle East Leisure Real Estate Market Booming
New Association For Fractional Ownership
Saving Homes, Homeowners and Banks Through Fractional Ownership?

Lifestyle:
Savings through Foreign Exchange
Convergence in the Fractional marketplace
The stock market for songwriters

Supercars:
25+ questions to ask a fractional car club
Live The High Life In A Fractional Supercar
Why Individuals Should Join A Supercar Club
Why opt for a 'fractional' supercar?
Focus on Marque II
Eco-road-warriors- How will the supercar club line-up of the future change?
Fresh metal- What's new on the supercar front?
So Why Not Buy?
You've Always Loved Cars?
Supercars- The cars of 2006/7
Let's Take The Lamborghini
Fractional Life hits Le Mans
Ascari Racing Festival Weekend
Fractional Supercars at the MPH Show
GROUP20 The SuperCar Club announce their 2007 Road Show in aid of Children In Need
New supercar club with green credentials

Luxury Motorhomes:
Denver RV show ready to roll

Wine & Spirits:
Wine