ARE TIES REALLY DEAD? - Kanebridge News
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ARE TIES REALLY DEAD?

While it’s increasingly rare to spot a tie in the workplace, this once-essential accessory could be making a comeback in less-expected settings.

By Todd Plumber
Wed, May 11, 2022 4:52pmGrey Clock 3 min

IN 2019, Christian Conner was pondering buying a membership to Soho House, a social club in Manhattan’s Meatpacking District. The then-28-year-old media consultant showed up for a tour of this playground for the hipster elite in his classic “preppy with a twist” uniform—sport coat, trousers and one of his prized Gucci ties. All was going swimmingly, he recalled, until his guide turned to him and said, “Hey, you should take off your tie. We want to create a more casual atmosphere and discourage people from wearing ties.” Mr. Conner was gobsmacked. “I thought, this is crazy. This tie is cool as hell, so why would you tell me not to wear it?” (When asked for comment, a Soho House representative sent a link to the House Rules page of its website which requests that members and guests “keep it casual.”)

Interest in ties has been waning for some time, but the last two years of schlubby-comfy pandemic dressing have particularly dimmed their future. Business formal has taken on a near-death mien, and for many months, our collective dance card of tie-required events like weddings, bar mitzvahs and blowout birthday fetes was effectively erased. Even as we’ve approached a new normal, fewer and fewer back-to-the-office and party dress codes call for a smartly knotted tie. Can this once-essential accessory be saved?

Certain men feel strongly that it should, yet even some professionals who once wore ties daily now hesitate to sport them to work for fear of being teased. Investor George Birman, 33, of Shelter Island, N.Y., spent years building out his tie repertoire for business dinners, client meetings and the like. His prized collection now sits “neatly folded in its drawer,” lonely and dusty, he said. “And if I show up to the office with a tie these days, someone will make a joke and ask, ‘How was your interview?’”

Even so, the tie market isn’t quite catatonic. According to Macy’s men’s general business manager Sam Archibald, ties are having “healthier…momentum than what we expected” in 2022 so far. The days of widespread office-mandated ties may well be over, but “occasion-based” ties are moving. “You see less of what you would see as a ‘banker’s tie’ and much more business in what I would call ‘casual neckwear,’ said Mr. Archibald. “Brights and prints are definitely working. Floral neckwear is working for us.”

Smaller retailers also have noticed the shift to party-time ties. Larry Mahoney, longtime manager of the Andover Shop, a menswear store in Cambridge, Mass., remembers when ties were a “prominent part of any well-dressed man’s wardrobe,” and you wouldn’t dare head to the office, dinner or a professional engagement without one around your neck. “I would say that maybe 10 years ago, the tie started to begin its decline, although it did hold its ground for a while.” Today, the shop’s tie business, he said, is driven more by men heading to events than businessmen.

The tie can also still be found on the fringes of culture, in communities that historically haven’t worn ties. Leon Elias Wu, founder of Los Angeles gender-inclusive custom suiting brand SharpeHaus, sees the tie as less of a sober, wear-to-work proposition these days and more of a novelty fashion statement, especially when its traditional maleness—and its traditional function as a tool to help one fit in—is undercut. “Just throwing on a tie because it’s an occasion doesn’t work for everybody,” he said. “But look at what Avril Lavigne did with the tie 20 years ago—it can totally be used to make a statement,” whether you’re a formal guy, a female rocker or just a person trying to stand out.

Three Guys on the Ties They’ll Never Ditch

Ties aren’t just formal fashion accessories—they can hold sentimental value. Here, notable neckwear devotees shed light on the ties they’ll forever hold dear.

Ken Fulk

Interior Designer

I’m a creature of my upbringing—of my preppy years growing up in Virginia when I had every color Izod shirt, every color Polo shirt, wore them religiously and washed all of them until they were pastels. I remember this beautiful ritual of my father standing behind me and showing me how to tie different tie knots—and I still have this blue and yellow repp stripe tie from Eljo’s in Charlottesville.”

Michael Strahan

Television Personality and former New York Giants Defensive End

“Most of my ties remind me of special moments. When I went up to space [with Jeff Bezos on Blue Origin in 2021] I got some space ties with spaceships and stars and rockets…That’s the great thing about a tie. It can have its own individual story. It’s something you can share or keep close to yourself…But the one tie I’ll never part with is a black tie. A straight-up black tie.”

Simon Kim

Restaurateur

“I have about 75 ties, and 90% of them are Hermès. But I have this one Hermès tie that my sister gave me. She is an art dealer with very meticulous taste. It has a red background with little blue-and-white turtles. She gave it to me when I was straight out of college and whenever I wore that tie to an interview, I had a 100% success rate in landing the job.”

Reprinted by permission of The Wall Street Journal, Copyright 2021 Dow Jones & Company. Inc. All Rights Reserved Worldwide. Original date of publication: May 10, 2022.



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This peninsular region has beaches, mountains and luxury homes at much lower prices than in the popular Cyclades islands

By MICHAEL KAMINER
Mon, Nov 11, 2024 6 min

Three peninsulas make up Halkidiki, an 1,130-square-mile area in Greece’s northern Macedonia region. Like a trident, Athos, Sithonia and Kassandra stretch into the Aegean sea.

Of the three, Kassandra “is the most developed part of Halkidiki,” according to Theodor Nikolaou, an agent with Engel & Völkers Greece in Thérmi. “Activity started in the 1970s and ’80s, and just continued, especially in coastal villages.”

While lower-profile and less touristed than Greek islands like Santorini or Mykonos, Kassandra still boasts sought-after restaurants, nightclubs and shops, said Ioanna Paloka, an agent with Savills Greece in Thessaloniki. “People prefer to buy here because of the amenities, the beautiful beaches, and the mixture of commercial and residential development,” she said. Beaches including Polychrono Beach, Hanioti Beach and Pefkochori Beach boast clear waters, soft sand and postcard-perfect coastal scenery.

Boundaries

Kassandra is the westernmost of Halkidiki’s peninsulas, and the most populated. At about 128 square miles, Kassandra descends from Cassandreia, its northernmost city, to the Aegean Sea. Kassandra is also the nearest peninsula to Thessaloniki, Greece’s second-largest city, and its international airport. “It’s the most accessible part of Halkidiki,” Paloka said.

Seaside locations are most coveted for luxury property, according to Nikolaou. They include the village of Sani, on the west side of Kassandra; Pefkochori, on the peninsula’s east side; and the area around Glarokavos Harbour, just south of Pefkochori. “The combination of sun, the blue of the sea, and the green of pine draws people from around the world,” he said.

Kassandra’s most exclusive locations are Sani, the east-peninsula village of Paliouri, Possidi in the southwest, and Pefkohori, Pakola said.

Thessaloniki is about 60 miles northwest of central Kassandra. Thessaloniki Airport Makedonia, the regional international airport, is a few miles further west. Athens is about 350 miles south.

Price Range

Beachfront properties in Kassandra command premium prices, Paloka said. “Most people at the high end prefer to buy beachfront.” Prices range from €3,000 (US$3,243) to €6,000 per square meter, she said. “For €6,000 per square meter, you’re buying about 20,000 square meters of land with a 1,000-square-meter house, a swimming pool, very modern, in a new development by the sea and surrounded by forests.”

For €5 million in Sani, Savills has listed a 350-square-meter home with six bedrooms and three bathrooms on about 17,000 square meters of land with sea views. In a new development in the village of Siviri, Savills is offering 350-square-meter beach-adjacent homes with seven bedroom suites, private pools, and garages for €2.05 million. Siviri, on Kassandra’s west side, is popular with tourists for its clusters of bars and cafes.

This Sani home is asking €2.7 million.
Listglobally

Prices across Kassandra “depend on the distance from the sea,” said Nikolaou of Engel & Volkers Greece. “The closer you are, and the more private the property, the higher the price.” While prices average €2,500 to €4,000 per square meter across Kassandra, they can soar to €8,000 to €10,000 “for the best beachfront luxury property,” he said.

In Pallini, on Kassandra’s east coast, Engel & Volkers is offering an oceanfront hilltop estate on more than 4,000 square meters of land, with nine bedroom suites and amenities including a wine cellar and full bar. Built in 1991, the property is listed for €4,500,000.

The most expensive Kassandra listing in October was a 10-bedroom, 1000-square-meter Sani villa with sea views and a pool for €17,000,000, offered by the Hellenic Property agency.

Housing Stock

In the coastal parts of Kassandra undergoing rapid development, architecture is almost uniformly modern. “There are three types of homes here. Apartments and villas, which aren’t as hot. Multi-home complexes with sea views, which are better. And private luxury beachfront properties, which are at the top.”

Older and even “ancient” properties are common in Kassandra’s mountainous inland regions, according to Nikolaou. “These traditional stone houses in some of the old villages can qualify as luxury homes once they’re renovated, but many require extensive work,” he said. The village of Agia Paraskevi, in south-central Kassandra, has also become a popular tourist destination for its thermal spas and ancient churches.

Seaside locations are most coveted.
Getty Images/imageBROKER RF

The higher end of the market consists almost exclusively of detached, modern homes, said Paloka. “Condominiums make up the lower end of the market here,” she said. “And there are almost no historical buildings in the most sought-after coastal areas.”

Luxury Amenities

Greek and international buyers are discovering Kassandra as an alternative to tourist hubs like Mykonos and Santorini. “The fact that Kassandra is not the islands is an amenity in itself,” Paloka said. “It’s very private, relaxed and peaceful, without that madness. Most of the infrastructure here only appeared over the last 10 years.” For golf and tennis, most locals frequent the seaside Sani Resort, which operates private athletic clubs along with its five high-end hotels. Most complexes also have private pools, according to Nikolaou of Engel & Volkers.

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As Kassandra’s profile has risen, its restaurant scene has flourished, with high-end eateries including Metoxi, in a temple-like stone building with sunset views; “creative Greek” spot Giria Elia in Pefkohori’s Hotel Anna Maria; and Kriopigi’s Fiki Fiki, the first Asian-Peruvian fusion restaurant in Halkidiki. Several private medical clinics operate on the peninsula, including the 24-hour Kassandria’s Health Center and Primary Medical Care of Pefkochori.

What Makes It Unique

“Kassandra is a picturesque environment, surrounded by forest, with clean, beautiful, crystal-clear seas,” said Paloka. “The proximity to Thessaloniki also makes it unique. You’re just an hour from the city centre, but you can enjoy all Kassandra has to offer.”

Kassandra’s annual Sani Festival brings A-list musical talent to the peninsula every year; the 2024 edition saw stars including Placido Domingo, Madeleine Peyroux, Tom Jones, and Emeli Sande on the roster.

Who Lives There

Nearly 40% of buyers in Kassandra are “from central Europe, especially German-speaking countries,” Nikolaou said. “They see the Mediterranean, and this part of Greece, as the Florida of Europe. They want a home in the region to use in retirement.” Another 25% of buyers come from the Balkans, including Bulgaria and Romania, “and other countries without direct access to the Mediterranean Sea. This is the first possible access for them,” he said. An additional 15% of buyers hail from Israel and the Middle East. “Thessaloniki once had a significant Jewish population, and Israelis love it. They want to invest here,” Nikolaou said. Just a handful of buyers come from North America, he added.

Kassandra is picturesque.
Getty Images

Kassandra’s largest, most extravagant villas belong to Greeks, according to Paloka of Savills. But those owners are starting to take their profits. “Those properties had been second homes, and the Greek owners are now selling to mostly European buyers,” she said.

Greece’s golden visa program, which grants a five-year residency permit in exchange for a minimum real-estate purchase, has attracted “a huge number of foreigners, but to less expensive properties,” Paloka said. In October, however, the Greek government raised the minimum investment for a golden visa to €800,000 from €250,000 in sought-after destinations including Halkidiki, the region where Kassandra is located.

Notable Residents

Swiss-based Greek billionaire Aristotеlis Mistakidis “has bought a lot of property in Halkidiki, including a villa in Glarokavos,” Nikolaou said. Brad Pitt and Angelina Jolie vacationed in Kassandra when they were an item, and John Travolta and Robert De Niro “spend summers in Kassandra with their families,” Nikolaou said.

Outlook

“Consistency” is the hallmark of the market in Kassandra, said Paloka of Savills.

“Prices may have gone up on lower-end properties, but prime estates have stayed the same or maybe dropped just a bit. What’s key is that it’s more affordable than the islands, and a better value for your money.” Kassandra’s rental market is also “extremely strong, year-round,” meaning owners can generate revenue from their properties, she said. “Even at Christmas, people love coming here. The islands are great, but you can’t get flights there all year―you have to take a ferry off-season.”

Nikolaou, however, said that “the demand for second homes means prices will continue to increase.” He also noted that property prices per square meter “are much more of a value for the money, especially for beachfront properties.”

Investors “are now looking to Kassandra and Halkidiki to develop new tourist areas,” Nikolaou said. “They don’t want to go to the islands. If you count the kilometres of seashore here, it’s like you have 100 islands. And it’s sunny the whole year.”