Luxury Listings NYC - July/August 2015

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NO JACKET REQUIRED Ranking NY’s priciest restaurants as fine dining goes casual LETTERS FROM A MAD MAN Ad mogul Richard Kirshenbaum’s latest book stings the 1% DEBUNKING KIDS’ STUFF Eco-friendly children’s furniture that lets you sleep easily UPPER EAST SIDE EXPOSÉ What ‘Primates’ & ‘Odd Mom’ say about nabe’s stature

HAMPTONS SHUFFLE

Celebrity home swaps on the East End

JUST SAY NOVOGRATZ TV’S DESIGN FAMILY LEAVES STYLISH HOMES IN THEIR WAKE

A PUBLICATION OF A PUBLICATION OF

WE ARE PLEDGED TO THE LETTER AND SPIRIT OF THE U.S. POLICY FOR THE ACHIEVEMENT OF EQUAL HOUSING OPPORTUNITY THROUGHOUT THE NATION. WE ENCOURAGE AND SUPPORT AN AFFIRMATIVE ADVERTISING AND MARKETING PROGRAM IN WHICH THERE ARE NO BARRIERS TO OBTAINING HOUSING BECAUSE OF RACE, COLOR, RELIGION, SEX, HANDICAP, FAMILIAL STATUS OR NATIONAL ORIGIN. THE SKETCHES, RENDERINGS, PICTURES AND ILLUSTRATIONS ARE PROPOSED ONLY AND THE DEVELOPER RESERVES THE RIGHT TO MODIFY, REVISE OR WITHDRAW ANY OR ALL OF THE SAME AT ITS SOLE DISCRETION WITHOUT NOTICE. THE RENDERINGS ILLUSTRATE AND DEPICT A LIFESTYLE, HOWEVER, AMENITIES, FEATURES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ALL INFORMATION IS DEEMED RELIABLE BUT IS NOT GUARANTEED AND SHOULD BE INDEPENDENTLY VERIFIED. ALL REAL ESTATE ADVERTISED HEREIN IS SUBJECT TO THE US FEDERAL FAIR HOUSING ACT OF 1968 WHICH MAKES IT ILLEGAL TO MAKE OR PUBLISH ANY ADVERTISEMENT THAT INDICATES ANY PREFERENCE, LIMITATION, OR DISCRIMINATION BASED ON RACE, COLOR, RELIGION, SEX, HANDICAP, FAMILIAL STATUS, OR NATIONAL ORIGIN. PLEASE CHECK WITH YOUR LOCAL GOVERNMENT AGENCY FOR MORE INFORMATION. ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, MAKE REFERENCE TO THIS BROCHURE AND TO THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE. THIS IS NOT AN OFFER FOR CONTRACT OR SALE IN THE STATES OF NY, NJ OR MASS. THE STATEMENTS MADE CONCERNING THE TURNBERRY OCEAN CLUB DO NOT CONSTITUTE OFFERS TO SELL, OR A SOLICITATION OF AN OFFER TO BUY A UNIT IN THAT CONDOMINIUM. NO SOLICITATION, OFFER OR SALE OF A UNIT IN THE CONDOMINIUM WILL BE MADE IN ANY JURISDICTION IN WHICH SUCH ACTIVITY WOULD BE UNLAWFUL PRIOR TO REGISTRATION UNDER THE LAWS OF SUCH JURISDICTION. INITIATION FEE AND FIRST YEAR'S ANNUAL DUES AT TURNBERRY ISLE RESORT AND COUNTRY CLUB ARE PAID FOR BY THE DEVELOPER. BUYERS ARE RESPONSIBLE FOR ALL FEES BEGINNING YEAR TWO. MARKETING AND BRANDING BY TURNBERRY AND CONWAY+PARTNERS.

UNDENIABLY UNIQUE. UNMISTAKABLY TURNBERRY. NOW SELLING 3-4 Bedroom and Collection Residences Available from $4 million Exclusive Membership to Turnberry Isle Resort and Country Club Included SALES GALLERY NOW OPEN 215 185th Street, Sunny Isles Beach, Miami Appointments Recommended 888-720-5980 info@turnberryoceanclub.com TURNBERRYOCEANCLUB.COM

Right on the sand in Sunny Isles Beach, Florida

MANHATTAN | BROOKLYN | QUEENS | LONG ISLAND | THE HAMPTONS | THE NORTH FORK

PENTHOUSES AND PRIME APARTMENTS

SUPERB HIGH FLOOR, 9 INTO 7 ROOM ON FIFTH AVENUE

EXTRAORDINARY, CLASSIC 8 ROOM, PREWAR RESIDENCE

1010 Fifth Avenue | $6,800,000 | An elegant gallery leads to the living room with wood burning fireplace. There is a bright, grand dining room, chef’s kitchen, butler’s pantry, breakfast room/guest room and a full bath. The double exposed master bedroom has an en-suite bath and there are 2 additional bedrooms which share a Jack and Jill bath. Features beautiful city views. Web# 2039785.

1185 Park 3H | $6,500,000 | This luxurious and meticulously crafted home is in mint condition. Enter this 3-bedroom home from a shared elevator landing into a spacious gallery leading to living room with fireplace and formal dining room. The master bedroom and second bedroom each have en-suite bathrooms. Enjoy high beamed ceilings, large windows, incredible Chefs kitchen, top quality finishes and guest powder room. Full-service coop including fitness room, roof garden, storage and courtyard. Web# 2146292

ELEGANT, PREWAR, CLASSIC 8 ROOM CO-OP

EXCELLENT CONDITION, PREWAR 6 ROOM

116 East 63rd Street | $3,800,000 | Through the foyer is a double living room with wood burning fireplace adjacent to the dining room. The bedroom wing consists of a large master bedroom with en-suite bath and 2 additional bedrooms with a full bath. There is a windowed kitchen, guest bedroom, home office and full bath. Features include, high ceilings and light. Web# 2049529.

815 Park Avenue | $3,450,000 | Enter into the Park Avenue facing living room with wood burning fireplace with back to back dining room. The master bedroom also faces Park Avenue and has an attractive en-suite bath. There is a bright second bedroom and full bath. The eat-in kitchen, home office plus full bath round out this beautiful residence. Web# 2117723.

DANIELA KUNEN Lic. Assoc. R. E. Broker | O: 212.891.7611 | dkunen@elliman.com

FOR GUIDANCE AND INSIGHT ON ALL THINGS REAL ESTATE, PUT THE POWER OF ELLIMAN TO WORK FOR YOU. ASKELLIMAN.COM

RIVERDALE | WESTCHESTER/PUTNAM | GREENWICH | ASPEN | LOS ANGELES | FLORIDA

PENTHOUSES AND PRIME APARTMENTS 575 MADISON AVENUE, NY, NY 10022. 212.891.7000 | © 2014 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.

MINT DUPLEX PENTHOUSE AT “1185 PARK” – RIVER AND CITY VIEWS & ENORMOUS TERRACE | 1185 Park Avenue | $24,950,000 | The first

floor of this elegant home features a gallery with a 24’ domed ceiling, huge living room with wood burning fireplace, dining room, corner master suite, 3-4 additional bedrooms, five full baths and a guest powder room, library, chef’s kitchen & breakfast room. Second floor - Skyroom with working fireplace, powder room and palatial terrace. Co-exclusive. Web# 1644469

MINT CONDITION, 9 ROOM PERFECT HEIGHT CAPTURING SPLENDID PARK AVENUE VIEWS | 876 Park Avenue | $7,350,000 | Enter into an

elegant entry gallery which leads to the palatial living room with wood burning fireplace overlooking Park Avenue. There are 3 large bedrooms (2 bedrooms have Park Avenue views), three baths, a 4th bedroom/library, a grand formal dining room, chef’s eat in kitchen and staff room with full bath. Features include extra high ceilings, beautiful proportions, central air, oversized windows, beautiful flooring and much more; located in a highly desirable co-op. Web# 2084888

REMARKABLE 1934 TOWNHOUSE HANGING OVER THE RIVER

29 Beekman Place | $34,000,000 | The 3 bay façade features red brick over a limestone base with the windows bracketed with white shutters. Approx. 11,000 sq. ft. on 8 levels, 17 rooms, 8-10 bedrooms, 8 wood burning fireplaces, grand dining room, a commercial kitchen, an elevator, 7 baths, 4 powder rooms, dramatic East River views, 2 terraces, 2 balconies, soaring ceilings, custom floors of wood, stone and marble and vast amounts of storage. Truly one of a kind. Web# #2108711.

TERRACED, DUPLEX PENTHOUSE ON PARK AVENUE WITH BEAUTIFUL VIEWS | 784 Park Avenue | $10,750,000 | This rarely available PH has a windowed gallery and is configured with a living room with a WBF, dining room, sun room, 2 bedrooms, 3 full baths, kitchen with butler’s pantry, laundry and staff room and bath. The entry level is wrapped by the terrace and the upper level has an enormous terrace. Web# 2116571. Anne Graber 212.891.7101 & Daniela Kunen 212.89.7611

DANIELA KUNEN Lic. Assoc. R. E. Broker | O: 212.891.7611 | dkunen@elliman.com

Contents

VOLUME No. 03 ISSUE No. 04

FINEST DINING P22

Focus on food, not the fuss. We rank the cost of dinner at the 10 priciest restaurants in WKH FLW\̭̹̭DQG IRXQG WKDW GLQHUV DUH SD\LQJ PRUH HYHQ ZLWK D OHVV IRUPDO H[SHULHQFH ABOVE: Critics applaud Le Bernardin’s approach to seafood.

YOUR

NEIGHBORHOOD UPPER EAST SIDE

P48

Our reviewer finds “Primates of Park Avenue� a bit tame

UPPER WEST SIDE

FAMILY STYLE We spend time talking design with some of the nine-member Novogratz clan.

P50

How the Met is cultivating a new generation of opera lovers

MIDTOWN

JULY/AUGUST 2015

P12

P52

The U.S.’s largest diamond factory is in the heart of the city

GRAMERCY

P54

Ian Schrager’s new Edition hotel is both punk and posh

CHELSEA

P56

Chef Thomas Keller looks to top himself at Hudson Yards eatery

GREENWICH VILLAGE

P26 Making Mock At the home of the satirical Richard Kirshenbaum, ad mogul and author.

P58

A wave of shuttered stores is causing an identity crisis

SOHO

P60

Byredo, the provocative perfume brand, opens shop P62

Misty Copeland

The city’s tiniest museum explores the very personal

LES/EAST VILLAGE

P34 Scene/Seen Boldfaced names hit the city’s biggest parties.

P64

FIDI

P79–90

A crop of new hotels is coming, but are there enough tourists? P66

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Our resident Parisian takes an eating tour of Le District

HAMPTONS

P70

Buyers on the East End are clamoring for modern barns

NORTH FORK

P72

News, properties, and more

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P30 Room to play Interior designers on how to buy quality kid’s furnishings.

P74 Hamptons listings Homes out east come loaded with gracious amenities.

P44 Brooklyn market roundup How our neighbor across the East River is seeing Manhattan-style prices for condos.

P8 Luxe life The newest from Chopard, going glamping, and a chick magnet. Really.

LISTINGS

TRIBECA

NYC’s

Premier

Properties

EDITOR’S NOTE

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The extravagant ways of the Upper East Side may look even stranger these days as the balance of power in New York City shifts away from that neighborhood, towards Downtown and Brooklyn.

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he Upper East Side is having a moment.

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Luxe Life 1

FLOWER POWER Bring the beauty of the garden into your house. Imprinted with lace, this ceramic vase adds the perfect dose of rustic elegance to any arrangement. Whether you have a lavish bouquet or a simple collection of roses, your flowers will look like a million bucks — even if they’re from the bodega around the corner. $1,750; www.abchome.com

2

CHICK MAGNET Bring all the birds to your yard with this classic bottle bird feeder from CB2. The two-tone design blends in naturally with the rest of your garden, while the oval cutout will frame the birds as they feed in a very pretty picture. $14.95; www.cb2.com

3

GARDEN STATE No outdoor space? No worries! Enter Garden on the Wall, which provides a super-lush landscape for your indoor garden needs, from foliage-filled walls to tropical ceilings. And if you have the opposite of a green thumb, fear not: The super-functional gardens are made of all-natural preserved plants — meaning they’re completely maintenance free (you don’t even need a watering can). Elvis had a jungle room; now you can too. From $150 a square foot; www.gardenonthewall.com

4

VROOM, VROOM This isn’t your soccer mom’s SUV. Range Rover’s latest Sport SVR model not only provides the luxurious ride drivers expect from the company, but it also recently completed the famous Nürburgring Nordschleife racetrack in eight minutes, 14 seconds, one of the fastest times ever recorded by an SUV. Starting at $110,475; www.landrover.com

5

IN CHARGE Can you really be bothered to plug in when your phone or tablet runs out of juice when you’re chilling in the backyard or hanging at the beach? Thank goodness for the Puku S8, a sassy little portable charger — available in six colors — that’s compact enough to carry everywhere. When fully charged, the Puku typically provides three to five full charges for a smart phone. $99; www.gotpuku.com

CONTINUED ON PG 10

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Town Residential LLC (“Town�) is a licensed real estate broker and a partnership of Buttonwood Residential Brokerage LLC and Thor Equities, LLC. O: 212.398.9800.Jason P. Karadus is a licensed associate real estate broker with Town Flatiron LLC. Town Flatiron LLC is a licensed real estate broker and a subsidiary of Town. 212.633.1000

Luxe Life CONTINUED FROM PG 8

6

STONE AGE On a Paleo diet? Try cave man décor! The Van Dyke love seat from Zachary A. looks solid enough for Fred and Wilma Flintstone, but weighs only 75 pounds. Throw some pillows and a cashmere blanket on it for a snuggle on the terrace or bring it inside to give your living room more of an edge. Price available upon request; www.zacharyadesign.com

7

WATCH YOUR SPEED We usually don’t want our watches to be superfast (on time is fine), but allow us to make an exception for Chopard’s latest Superfast Chrono Porsche 919 Jacky Ickx Edition. Named for the legendary racecar driver, Jacky Ickx, the watch was designed like a racecar with grooved sides, a steering wheel motif, and even a white and blue inner bezel ring to match Jacky’s helmet. But make sure you hurry; only 100 pieces are available for purchase. $13,110; www.chopard.com

8

GLAMPING Forget all the unpleasantness involved in camping, like bug spray, unwieldy back packs and sleeping on wet grass. At The Resort at Paws Up in Montana, you can sip champagne under the stars, eat haute cuisine and rely on your camping butler for your every need. This is the 10-year anniversary of the resort, which plans to celebrate with a weekend-long feast in September featuring Montana’s master chefs. From $1,155 per night; www.pawsup.com

9

PLINK PLONK Practice keeping all your balls in the air with this lovely decorated beach tennis set from Fredericks and Mae. Enjoy friendly family matches on the shore with a set that’s light enough to throw in your beach bag when heading out for the day (or the week). $140; www.fredericksandmae.com

10

MAGIC LAMP Light this hammered copper oil lamp for a warm glow on a summer night. Give it a rub and who knows, maybe a genie will come out to grant you three wishes. It comes with a durable fiberglass wick and a matching snuffer. The small size holds 8 ounces of fuel and burns for 12 hours, the large size holds 16 ounces of fuel and burns for 24 hours. $127 and $255; www.birchlane.com

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COVER STORY

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“Make art. Keep making art. Some people will love it. Some people will hate it. You just have to keep making [art].” —Robert Novogratz

Just say

Novogratz! The peripatetic and photogenic family on living a life of design

BY CHRISTOPHER CAMERON 3+272*5$3+(' %< 678',2 6&5,92

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COVER STORY

I

nterior designers … house flippers … TV personalities … a brand. It’s difficult to abridge precisely who the nine-member Novogratz family is or what they do. It’s a consequence, in part, of having donned so many hats over their roughly 25-year career. Labels don’t fit comfortably on their chaotic, jet-setting lifestyle. But the Novogratzes — who tend to refer to themselves in the singular, as “the Novogratz”— say that they are simply a family of “doers.” Paraphrasing Andy Warhol, family patriarch Robert Novogratz, 52, says his career-spanning philosophy is: “Make art. Keep making art. Some people will love it. Some people will hate it. You just have to keep making [art].” Over the last decade, Robert and his wife Cortney have built a reputation among Manhattan’s elite as an energetic and innovative high-end design duo. But in more recent years, the prolific family has reached a much wider audience and earned a certain degree of celebrity through their Bravo and HGTV reality shows “9 by Design” and “Home by Novogratz” — which ran from 2009 to 2013 — and their homegoods lines for CB2, Walmart, Macy’s, Shutterfly and Old Navy. Reemphasizing his belief in creative determination, Robert adds: “We’ve done two or three amazing buildings, two or three okay buildings, and a couple that sucked. We’ve had two books. One was really good. One sucked. And our third book is about to come out.” Robert hails from Virginia and began his career as stockbroker, working with his brother Michael Novogratz, who became a billionaire when his hedge fund went public in 2007. But unsatisfied with a life in finance, Robert changed course. Today he oozes Downtown cool. Never without a pair of shades, he rocks designer leather and is more likely to pucker his lips than smile at the camera. Cortney, 43, is a Georgia native with a do-it-yourself attitude and just enough of a Southern drawl to warm the room. The couple created a family of Biblical proportions. In descending order their children are: Wolfgang, 17; Bellamy, 16; Tallulah, 16; Breaker, 13; Five, 9; Holleder, 9 and Major, 6. Each of the kids enjoys a manicured web presence via the family’s thorough website. For example: “The fifth child, Five, is outgoing, driven, and very cool. A regular child renegade, Five channels this through art. Although he is only nine years old, he is already a very talented artist who also loves to skateboard and make others laugh.” It’s all a part of a strategy to brand not just the hyperactive family’s creations but also their lifestyle itself. With the help of their children, the Novogratz hope to one day build a diversified empire of creatives. And they look to iconic family businessmen for inspiration. “I love Francis Ford Coppola and what he did with his family,” Robert says. “The Coppolas are filmmakers, actors and writers. And Francis involved his daughters, nephews, cousins and sister. He took his show on the road a little and brought his family with him.” CONTINUED ON PG 16

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From far left: Robert solo; son Breaker at the keyboard and Cortney. Below: The space on West Street opens to a light-filled yard. One of Erwin Olaf’s Hope Portraits adorns the wall.

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COVER STORY CONTINUED FROM PG 14

“We look to art and fashion more than interior design for inspiration,” he adds. “And we both look up to Ralph Lauren, because he built this amazing family business and lifestyle brand. That is what we aspire to be. He’s our hero.” The painter and “The Diving Bell and the Butterfly” director Julian Schnabel is also a major influence. “He’s an artist, filmmaker, designer, real estate investor. I love what he did with the Gramercy Park Hotel,” says Robert. “That’s a pretty cool guy to me.” “Although he isn’t a real family man,” Cortney interjects. Family comes first for Robert and Cortney, who both come from large Southern families. Robert was one of seven children in an ever-moving military clan. Cortney is one of five born in a town so small that she claims nearby Columbus, Georgia for its ever-so-slightly better name recognition. “We always wanted lots of kids,” Cortney says, adding that she never viewed Manhattan’s typically cramped accommodations as an obstacle to that end. “Our last son was born in a twobedroom between renovation projects.”

The Novogratz come from large families: Robert was one of seven kids, while Cortney was one of five.

The Light Up Family Art Set, a limited-edition of six steel-framed light boxes, was designed by the Novogratz for CB2.

“When we had our first child 17 years ago, dear friends who we used to party all night with were like, ‘Alright, time to go to the suburbs,’” Cortney recalls. “I thought, ‘Why? To see our kids less, so our marriage will suffer?’ Yes, it’s expensive living in the city. But there are ways to raise a family here. People ask me how I do it, and I say, ‘because we make them part of who we are.’” “Who they are” is a self-confident and wildly ambitious family that managed to flip, salvage and paint their way to the top of the interior design world. “I’m not sure if our work found us, or if we found it. We were planning our wedding here in New York, and while we were at it, we bought a condemned building in Chelsea,” Cortney says. “We learned on the job, and turned it into a two-family home. During that process we fell in love with design.” After their wedding, the couple lived in the upstairs portion of the house at 343 West 19th Street and rented out the lower floors. “It was a big house we couldn’t really afford,” Cortney recalls. That is, until singer-songwriter Suzanne Vega of “Tom’s Diner” fame literally came knocking at their door.

“One day Suzanne Vega came by and offered to rent the larger space. So we moved back downstairs,” she says, adding that Vega helped them connect with other celebrity clients. “We were living in the same house and became friends. After she moved in we bought another property and another, and just kept flipping properties, juggling and hustling.” Nearly a decade later that Chelsea five-bedroom townhouse sold for $5.3 million. Eventually their knack for upcycled vintage furnishings and Downtown chic decor got them noticed as interior designers proper. “Someone hired us to decorate for them and we were like ‘Oh, okay … Sure we’ll do it!’” Cortney says. “We were already constantly doing design work, but that was when it started earning us a living, which was nice.” Soon after the celebrity commissions started rolling in. A-list movie stars and models tapped them for design work in New York and around the world. One celebrity project the Novogratz clan remembers fondly was giving skateboarding legend Tony Hawk’s Mammoth Lake, Calif., ski house a makeover. “Tony Hawk is amazing,” Cortney says. “He was showing

skateboard tricks to my kids in the garage and I remember his foot hugging the skateboard. It was like a hand. It was crazy.” But their latest project is taking them away from NYC for a somewhat longer stint. Last summer, the family moved to Los Angeles, where they purchased a 5,800-square-foot Greek Revival estate. Built in 1926 in the Hollywood Hills, the Novogratz playfully refer to the historic home as their “castle,” because of the bartizan turrets. “L.A. is bad about historic preservation. They knock everything down. So we wanted to keep the structure up,” Robert says, adding that they are gut renovating the interior. “There wasn’t a lot to save on the inside. But we kept the windows. It’s going to look like a castle and it is going to honor L.A., but the inside is going to be Novogratz.” “We aren’t going to be there forever, but we still wanted to leave our mark on L.A. and what better way than with a castle,” Robert says. “We’ve worked in all the great cities in America, from Austin to Nashville and Seattle to Chicago. Going back to Coppola, we wanted to take our show on the road.” CONTINUED ON PG 18

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The view from West Street is as striking as the townhouse’s painting and photography.

The basketball court doubles as a party space.

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COVER STORY CONTINUED FROM PG 16

The kitchen counter at the Novogratz townhouse has the orderliness of a still life.

Still, the family considers Manhattan “home base” — and Downtown remains the focal point of their work. In total, the Novogratz have built nine homes in the city — four of which they have called home. Two are at 22 and 24 Thompson Street in Soho (which sold to “Grand Theft Auto” co-creator Sam Houser for $3.8 million and NBA superstar Zydrunas Ilgauskas for $6.9 million, respectively). The Novogratz consider the townhouse at 400 West Street their greatest accomplishment. (As LLNYC went to press, news broke that Heidi Klum is renting it for the summer.) “We had been building a lot by the time we found this property,” Cortney says of the sprawling five-story townhouse. “We were right on the highway and wanted to make a big statement. Robert really wanted to bring art to the exterior of the house, so we collaborated with Richard Woods.” Woods created a brightly painted plank façade for the home, which started off as a one-story gun shop. Naturally, they also brought art to the interior of the home, where a favorite piece resides in a rather unusual location: over the bathtub in the master suite. The work is “Button Queen,” a large replica of a Queen Elizabeth postage stamp done in shimmering pearlwhite shirt buttons on black canvas by English artist Ann Carrington. “This was the first piece of art we ever bought. We got it at What Goes Around Comes Around in Soho for like $1,500,” Robert says. ”Over the last 10 years I bought about eight more of her pieces for myself and clients. We decided to film with

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her in London for our show and she blew up. She became an overnight sensation.” During LLNYC’s tour of the home, works by Andy Warhol, Vik Muniz, Jane and Louise Wilson, Olafur Eliasson, Enoc Perez, Paul Pfeiffer and Albert Watson were all on display. Most strikingly, a large photograph by Laurie Simmons depicting a Japanese sex doll clutching a mixture of prescription pills and candy dominates the stairwell. The 23-foot-wide home also features a massive indoor basketball court, which doubles as a theater and a party space, furnishings by Zaha Hadid, a garage, elevator, five bedrooms and a large roof deck complete with a full kitchen and a hot tub — not to mention stunning views of the Hudson. The space is now on the market for $17.9 million. Ultimately, the Novogratz family hopes to continually “up their game” through a seminomadic madcap existence, surrounding themselves with creative influences and immersing themselves in rich urban spaces. So, for the foreseeable future, they’ll likely be on the move — perhaps even moving overseas (Robert says Tokyo is on his bucket list). “Cities are great for a visual person, because you are going to see more stuff. And that makes your influences change and your taste better,” Robert says. For instance, he adds, “The day we finished the Soho house [22-24 Thompson Street], I walked outside and there were about five supermodels doing a shoot on our doorstep, and I thought, ‘This is going to be a nice place to live.’”

Extruded chair by designer Tom Dixon. Opposite: A 2003 self portait by Vik Muniz

Cortney adds that “even the greatest city in the world gets sterile after awhile.” “New York isn’t the same place it was 20 years ago and it isn’t going to be the same place 20 years from now,” she says. “Sometimes you have to break out of that and reopen your eyes.” Still, don’t expect the prolific family to stay away for long. “We are New Yorkers,” Robert says. “The weather is better in L.A., but the people are better in New York.”

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PARK AVENUE PREWAR CONDO $13,950,000 | 944 Park Avenue, 14th fl | Prewar triple-mint full-floor condo on Park Ave between 81st/82nd St has 3 bedrooms, 4.5 baths plus a library and a maid’s room. Open views on Park Ave and West to Central Park. Web# 2074021. Richard Steinberg, O: 212.350.8059 | Matthew Slosar, O: 212.350.8058

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MANHATTAN | BROOKLYN | QUEENS | LONG ISLAND | THE HAMPTONS | THE NORTH FORK | RIVERDALE | WESTCHESTER/PUTNAM | GREENWICH | ASPEN | LOS ANGELES | FLORIDA 575 MADISON AVENUE, NY, NY 10022. 212.891.7000 | © 2015 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.

TOWN HOME WITH DEDICATED GARAGE $6,975,000 72 Poplar St This 25-ft wide home features a dedicated 1-car garage, 12-ft ceiling heights, top-of-the-line finishes and an additional 2,473 square feet of outdoor space. Web# 2084775. Gregory Williamson O: 212.712.6088 Robert Gross C: 917.686.4985.

EAST VILLAGE $7,900,000 4 East 2nd St Located just aside the Bowery, this 20-ft wide mixed use townhouse is unlike any other. Exposed beams, wide plank floors, excellent condition throughout. Delivered vacant. Web# 2018205. Jan Hashey O: 212.206.2804 Steve Halprin O: 212.206.2803

HIGH FLOOR ARCHITECTURAL GEM $3,495,000 | 165 East 72nd St, 19th fl | Move-in 3-bedroom, 3-bath, white-glove coop in heart of Upper East Side. Meticulous detail, full city views, high-end appliances, CAC and storage included. Low $2,437 maint., pied-à-terre ok. Web# 2130631. Ann Marie Folan, O: 212.350.8511

GREENWICH VILLAGE $3,600,000 | 26 East 10th St | 3-bedroom, 3-bath in premier full-service prewar coop with woodburning fireplace, and new wide plank floors. Fantastic light from East and West. Web# 2002260. Jan Hashey, O: 212.206.2804 | Steve Halprin O: 212.206.2803

A TRIBECA MODERN CLASSIC $4,800,000 | 101 Warren St, 7J | This spacious 7th floor duplex boasts luxury touches all around with floor-to-ceiling windows and a unique outdoor space. White-glove amenities include on-site parking. Web# 2110880. Lisa Gilroy, O: 212.965.6030

FURNISHED RENTAL $15,000 / month | 53rd St and 2nd Avenue Fully furnished, available for a minimum of 6 months. High-floor, 1578 sf, 2-bedroom condo home has been meticulously designed and is in triple mint condition throughout. Web# 2066774. David Cooper, C: 917.751.7440, O: 212.891.7274

GRAND 2-BEDROOM UES CONDO $3,495,000 188 East 78th St, 3B | Rarely does one find a 2-bedroom condo of this size and at such a wonderful area on the market. Call today for showings. Web# 2060434. Ofer Yair, O: 212.224.7331, C: 917.757.0855

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RENOVATED CONDO $3,495,000 | 151 East 85th St | 2-bedroom, 2.5-bath, high floor condo, low carrying cost. 10-ft ceilings, A/C, fireplace, custom lighting and closets. State-of-the-art kitchen, master bedroom, marble bath. Full-service building with 8,000 sf of amenities. Web# 2048001. Mary Anne Cotter O: 212.321.7186

RANKING

Fine dining loosens up Luxury Listings NYC ranks the cost of dinner at city’s 10 priciest restaurants BY CHRISTOPHER CAMERON

F

ine dining in New York City is increasingly democratic and casual — but that doesn’t mean it’s getting any cheaper. As evidence, Luxury Listings NYC ranked the cost of dinner at the city’s 10 priciest restaurants. We found that the emphasis is increasingly on food, not fuss: reservations were generally available, (respectful) photography is often permitted and six out of the 10 had no jacket requirement for gentlemen. But perhaps most noticeably, Uptown is losing its grip on the world’s best chefs, with four of the city’s priciest establishments (Eleven Madison Park, atera, Ichimura at Brushstroke and Momofuku Ko) operating below 34th Street. And even those anchored Uptown aren’t occupying the precious ground-level spaces they might have a decade or two ago. Take, for example, Time Warner Center’s Masa and Per Se, outliers among outliers at nearly $100 more per person than many of the city’s other top restaurants. But despite the extraordinary cost of admittance into their famed dining rooms ($450 and $310 per person respectively), their location is extremely pedestrian: what basically amounts to a shopping mall, albeit an extremely pricey shopping mall. “Today, people enjoy casual dining,” Kenneth Himmel, the restaurateur and developer behind Time Warner Center’s dining, told LLNYC. “Even your most respected Michelin three-star chefs are focused on cafés, brasseries and informal dining done at a high level of quality.” The ranking also demonstrates that Manhattan is no longer the de facto center of NYC’s culinary scene. Two of the city’s priciest chef’s tables are now in Brooklyn and both boast Michelin stars. The threestar Michelin-rated Chef’s Table at Brooklyn Fare located in downtown Brooklyn commands a lofty $306 per seat. And Bushwick’s Blanca picked up two Michelin stars in this year’s guide for its $195 prix fixe. Another observation of note: Price doesn’t correspond to satisfaction (as if it ever did). Eric Ripert’s $140 diner at Le Bernardin was ranked the city’s best this year by Zagat, which relies on customer surveys and is therefore anecdotal. Meanwhile, Masa — by far the city’s costliest dinner — didn’t even make Zagat’s top 100 list, even if the New York Times did give it three stars.

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no. 1 BEST OF THE BEST Known as the most brutally expensive restaurant in the city, prompting the question: Is it worth it? Yes, apparently. “Masa is the city’s greatest sushi restaurant,” the New York Times concluded in its most recent threestar review.

Masa

Upper West side

Per Se

Upper West Side

$450 per dinner

Chef Masayoshi Takayama

Sushi is omakase, or chef’s choice, at Masa.

no. 2

PEARL IN THE OYSTER The NYT has called Per Se “the best restaurant in New York City.” Per Se’s signature starter is oysters and pearls. The Times called this dish “a poem about creaminess, a meditation on brine, a sculpture about the delicious.”

$310 per dinner Chef Thomas Keller

The Cobia Pastrami at Per Se: pumpernickel crisps, green tomatoes, mustard seeds, Sungold tomatoes, mustard cress and hard boiled Squire Hill hen egg.

no. 3 ADVENTUROUS CHEF This is Brooklyn’s only three-star Michelin rated restaurant. So what do you get? “A mash-up of a cooking class, an artist’s studio visit and a sports bar devoted to discussion of haute cuisine,” according to the New York Times.

Chef’s Table at Brooklyn Fare

Downtown Brooklyn

$306 per dinner

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The food at Chef’s Table is inspired by Japanese cuisine and French technique.

CONTINUED ON PG 24

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RANKING CONTINUED FROM PG 22

atera

no. 4

Tribeca

$235/dinner

NEW VISION Now is the time to revisit atera, which recently replaced chef Matthew Lightner with Ronny Emborg and abolished tipping.

Chef Ronny Emborg

Dried beet “ember” and red hibiscus at Atera

Blanca

Bushwick

$195/dinner Chef Carlo Mirarchi

The beef carpaccio, egg yolk, arugula, and arugula flower at Blanca

no. 7

Momofuku Ko

Chef David Chang

no. 5

East Village

$175/dinner

CHEEKY COMBOS Momofuku Ko offers a largely unadorned space. But expect playful surprises like a course of soft-shell crab paired with a glass of Budweiser.

Flatiron

$225/dinner

COMMITMENT At three and a half hours, Eleven Madison Park’s meal demands that you plan your day around its more than a dozen-course tasting menu.

Chef Daniel Humm

Poached lobster with carrots and vadouvan granola at Eleven Madison Park

no. 6 TIE

ENTER THE MAZE A labyrinth-like entrance through a pizzeria, past the shipping containers, radio station and tiki bar, should clue you in that Blanca is pure Bushwick theater.

Eleven Madison Park

Ichimura at Brushstroke

HIDDEN GEM One of NYC’s best-kept secrets, the restaurant serves what Pete Wells of the New York Times called the most remarkable sashimi and sushi he had ever tasted.

Tribeca

$195/dinner

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Chef Eiji Ichimura serves traditional edomae sushi in an intimate setting.

no. 8

Le Bernardin

Midtown

$140/dinner

TOP HONORS It’s the best restaurant in the city, according to Zagat. The NYT gave it four stars; Michelin, another three. Better still, it’s reasonably priced. &KHIb (ULF 5LSHUWb

Uni with chickpea hozon puree

no. 9

Daniel

Chef Daniel Boulud

Upper East Side

$135/dinner VENERABLE FAVORITE Michelin downgraded Daniel to two stars, but the two-decade-old NYC institution is still worth the splurge. Be sure to flag down the cheese cart.

The tasting menu at Daniel features a five-course meal.

The New York Times said of Le Bernardin: “No other restaurant in the city makes the simple cooking of fish seem so ripe with opportunities for excitement.”

no. 10

Jean-Georges

Upper West Side

$128/dinner

THE FINAL WORD The New York Times review said it best: “Jean-Georges is still a four-star restaurant. That is all. Thank you for your time.” Chef JeanGeorges Vongerichten

The grilled pork chop, mustard greens, and cherry hot sauce at Jean-Georges.

Source: Priciest restaurants based on Zagat rankings; LLNYC then determined cost based on the self-reported price of the restaurant’s least expensive fixed dinner menu before drinks, tax or tip.

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BRILLIANTLY RENOVATED MANSION 71st Street

MOVE RIGHT INTO 157W57 West 57th Street. 5BR, 5.5 baths in the iconic new luxury tower, ONE57. Prestigious bldg w/ all services of the world class Park Hyatt Hotel. Spectacularly appointed. Never lived-in. $35.2M. WEB# 12355679. Leslie J.W. Singer 212-588-5675 John Venekamp 212-588-5619

and CPW. Superb single-family w/ approx. 8,500SF indoor & 2,000SF outdoor. Features include: elevator from cellar to roof, smart-home, garden, CAC/heat & hot tub. $17.995M. WEB# 12599290. David E. Kornmeier 212-588-5642 GORGEOUS GLASS PH ON RSD UWS. Brand new, UNIQUE "2 BATH FULL mR 0( W HUGE TERRACES $ESIGNER kit & baths, gas FP, stunning light & views. Parking spot included. FS prewar condo. $16.9M. WEB# 11626030. Lisa K. Lippman 212-588-5606 Gerard S. Moore 212-588-5608 SUPERBLY RENOVATED 7 ROOMS Riverside Drive. Facing Riverside Park. 3 BR, 2 new baths, DR, open Bulthaup kitchen, study, huge closets. Near Columbia and private schools. Maintenance $2,689.64. $2.85M. WEB# 12770503. Larry Sicular 212-396-5852 GRAND SCALED 1BR Columbus Circle. Prime W 60’s full service Co-op. Filled w/ light, 23’ LR & large BR overlook quiet & serene garden. Restore this 1BR to your special taste. $865K. WEB# 11363773. Karesse Grenier 212-588-5679 John Duclos 212-317-3635

26 UNIT CHELSEA CONDO BLDG 30th and 6th

TRIPLE MINT 4-BR WITH TERRACE Laight/Washington Street. Co-Excl. Stunning PH w/ soaring ceilings, massive living space, chef’s kitchen, exquisite master suite, divine terrace in best TriBeCa FS condo w/ garage and storage. $13.5M. WEB# 11837606. Maria Pashby 212-906-9388 Joanna A. Pashby 212-906-9386

Avenue. Condo bldg with active condo plan, all units fully rented at free market. Active 421a tax abatement. Prime Chelsea location 2 avenues from Hudson Yards. $30M. WEB# 12635852. Erik Harssema 212-452-4512 MAGNIFICENT VIEWS High Line Chelsea. Enjoy STUNNING VIEWS FROM THE TH mR CORNER AERIE IN THE SOUGHT after Caledonia Condo. Mint split 2BR, 2 bath and open living/ dining, W/D, cook’s kitchen. $4.2M. WEB# 12595193. Susan Silverman 212-588-5615 SINGULARLY UNIQUE Soho Nolita. The Police Building offers a level of service and grandeur unique to downtown. This 2 BR, 2 bath simplex is extraordinary in many ways. $3.65M. WEB# 12436060. David J. Cobell 718-399-4139 Andrew O. Charas 212-452-4463 ART LOVER’S LOFT North Chelsea/NoMad. Bright & SPACIOUS PENTHOUSE LOFT W OPEN mOOR PLAN APPROX 3& ceils, sleek & modern high-end renov, live/work Co-op, W/D, common roof terr, pet friendly. $1.597M. WEB# 12392190. Jeffrey P. Shannon 212-906-9349

Hilary I. Rovins

Justine M. Bray

Kelsey Hall

Kimberly B. Reed

Linda De Luca

Marie M. Bingham

Marta J. Maletz

CONVERTED CARRIAGE HOUSE Brooklyn. 5500SF, 37’ wide, triple lot w/ 60’ frontage. Artist/architect conversion 19th century carriage house. Loft like w/ double height ceilings. Live/work space & parking. $8.5M. WEB# 12656944. Joan Goldberg 212-452-4471

SPECTACULAR PENTHOUSE Williamsburg. Best NYC views, outdoor terraces, dramatic double height ceil, duplex, perfect for indoor & outdoor entertaining, 3BR, 3.5 baths. F/S condo w/ gym, playroom, parking & storage. $5.5M. WEB# 12737235. Nada Rizk 212-317-7705 Nadine Adamson 212-452-4503 Kelsey Hall 212-396-5828 2 FAMILY LANDMARK HOUSE Prospect Park. 23’ wide house on beautiful tree line block. 6BR, 3 bath. 2 garages, yard, patio and own laundry room. Corner house with triple exposure. Approx.3,312SF. $2.9M. WEB# 12702682. Bastian Weinhold 212-317-3673 CLASSIC 6 ON THE HEIGHTS Brooklyn. Quiet, spacious, renovated 6 rm classic. 3BR, 2 bath, 12 windows, 3 EXPOSURES APPROX 3& LAUNDRY ON mOOR 0RIME "ROOKLYN Heights location. $2.2M. WEB# 12573686. Joan Goldberg 212-452-4471 2BR, 2 BATH CONDO + PARKING Williamsburg. Bright corner condo, deeded parking, 3 blocks to Bedford L stop, 1 block to future Whole Foods & Apple stores. CAC w/ Nest, Elfa closets & in- unit W/D. $1.325M. WEB# 12575535. Nicholas Z. Palance 212-396-5873

Mary Priebe

Matthew Dixon

Paul Anand

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. All rights to content, photographs and graphics reserved to Broker. Equal Housing Opportunity Broker.

CELEB CRIBS

Mad man mocks Ad mogul, author Richard Kirshenbaum on skewering his own very naughty class BY CHRISTOPHER CAMERON

A

dvertising mogul and satirist of the super rich, Richard Kirshenbaum, 54, now finds himself under the white-hot glare of the media spotlight, dodging barbs and scooping up accolades. With the publication of his latest book, “Isn’t That Rich? Life Among the 1%,” “Kirshenbaum,” a mouthful of a name, is seemingly on the tip of every blue-blooded tongue. The collection of stories lampoons real-life characters that haunt the co-ops of Park Avenue — when they aren’t poolside in the Hamptons or St. Barts. There are rumors of television and movie adaptations. He’s a “traitor to his own class,” gossip legend and frequent lunch companion Liz Smith wrote. He might be the “hottest thing since ‘Sex in the City,’” an editor at the New York Observer told Luxury Listings NYC at a June soiree in his honor at the famed Lotus Club. More than ever, Manhattan’s one percent is finding itself in the public eye, targeted by Wednesday Martin’s new book “Primates of Park Avenue,” Bravo’s new scripted series “Odd Mom Out” and Mayor Bill de Blasio’s seemingly Robin Hood-like efforts to transfer wealth. In a recent conversation with LLNYC that stretched from his Fifth Avenue duplex overlooking Central Park to a restaurant on Mott Street, where the rosé was flowing, Kirshenbaum said that he was inspired to write about the peculiarities of the moneyed class after witnessing a driver carry a drunken teenage boy out of a black SUV and into the lobby of “a venerable Park Avenue residential building.” “Never mind the nannies, drivers are the new dads,” he writes. “If I didn’t have a way to express my feelings about the craziness that goes on here, there’s no way I could just go on living Uptown,” Kirshenbaum says. For a bit of Upper East Side “guess who,” Kirshenbaum’s given his confidants noms de guerre: the “Impossibly Blond and Glamorous Socialite,” the “Silver Fox,” “L’actrice,” the “International Playboy Posse,” the “Southern Gentleman” and the “Park Avenue Princess.” His

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Richard Kirshenbaum in the living room of his Fifth Avenue duplex overlooking Central Park

subject matter — paid friends, bizarre diets, parents with drug habits and the finer points of donning a cashmere sweater — can sometimes be taboo. And it’s cost him socially. “I’ve gotten a lot of blowback,” he says, recalling mean-spirited letters. “I find it interesting that sometimes people don’t understand that it is satire. People take themselves so seriously. But something that I learned in the ad business is that unless it’s controversial, it can’t be good.”

Still, Kirshenbaum said that he doesn’t judge the opulent escapades of his characters — no matter how entitled their behavior, or how deep their pockets go. “Behaving badly and being a nice person aren’t mutually exclusive,” he says. “Some people are excess driven. That doesn’t mean they are bad people. People ask me, ‘what do you think about so-and-so spending all that money?’ I say, ‘I think it is great!’” But there are unforgivable sins.

“If I didn’t have a way to express my feelings about the craziness here, there’s no way I could just go on living Uptown.” —Richard Kirshenbaum

“The only thing that really upsets me is really bad manners. For example, let’s say you go to Cipriani and someone comes over to your table and won’t leave while you are eating dinner. That is table lingering and I hate it!” Of course, it’s easy to sympathize with your own class. Like his subjects, Kirshenbaum eats at the city’s most glamorous restaurants (Le Cirque, Sant Ambroeus, Nobu), parties in the Hamptons, dresses lavishly and is a victim of their tax bracket.

Brooke Astor once told him, “My dear boy, every gentleman needs a club. One day you’ll appreciate it.” That’s the day he decided to join the Lotus Club, where members like Mark Twain and Tom Wolfe feted. Amongst his set — the beautiful people who, with nonchalance, call $100 million a “hundy” — 1 percenter isn’t a bad word. It’s a membership card, an inside joke. But unlike many of his peers, Kirshenbaum didn’t come into his money the old

fashioned way – i.e. through a death in the family. Like a growing number of Upper East Side notables, he’s nouveau riche. Growing up in the Five Towns on Long Island, he fought to expunge his workingclass accent. “Long G’Island,” he used to say. Early in his career, he would eat his sack lunch on a bench along Central Park, across the street from the co-op building he now calls home.

CONTINUED ON PG 28

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CELEB CRIBS CONTINUED FROM PG 27

A whimisical piece of art by Charming Baker hangs in the hall. Right: A view of the living room, which gets flooded with light in the late afternoon.

At the J. Walter Thompson agency, he worked as a junior copywriter under bestselling author James Patterson. He was secretly taking freelance commissions on the side, against company policy. “One day my boss came into my office and showed me an ad. He said, ‘Why can’t we do work like this?’ It was my ad,” Kirshenbaum says. “I told him, ‘I quit’ and I started my agency the next day.” That breakthrough ad was for shoemaker Kenneth Cole. It was edgy and minimalist. Simple text on a white background, the copy read: “Imelda Marcos bought 2,700 pairs of shoes. She could’ve at least had the courtesy to buy a pair of ours — Kenneth Cole.” “It created a sensation, because no one had done political advertising before, especially without showing the product. It was counter-intuitive,” Kirshenbaum says. Kirshenbaum’s self-aware, postmodern copy made him the bad boy of the ad world. He helped pioneer guerilla adver-

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tising and attracted celebrities like Andy Warhol, Liza Minnelli and Joan Rivers to star in his work. (Kirshenbaum later wrote jokes for Rivers — at $6 a pop.) When he finally sold Kirshenbaum & Bond, it was the largest independent agency in the United States, with 600 employees, three offices and close to a billion dollars in billing. He was in his early 40s, now with substantial means. It was time to reinvent himself. “I lived Downtown for many years, and I never ever, ever came Uptown! I felt like you needed a passport to venture past 14th Street. It was all very myopic. I didn’t really experience the city. Everyday it was apartment, work, Indochine. It felt claustrophobic,” he said. ”I thought it would be really interesting to have a different experience. So I started to look [for a home] Uptown.” Real estate brokers had him pegged: Downtown creative. They showed him

apartment after apartment on the Upper West Side. For a while, he considered moving to the Dakota. “In those days it was still very traditional,” he says. “People said, ‘Well, if you are going to live Uptown and you are a creative person, you should live on Central Park West.’” But light led him across the park. “I’m obsessed with light and the Upper West Side gets the morning sun,” he says. “But Fifth Avenue light is very unusual. You get the most beautiful light around 5 or 6 p.m.“ Reflecting on his reinvented life, he adds: “I’m more of a fish out of water having lived Downtown versus Uptown, than coming from Long Island to the city to be honest with you,” he says, adding, “It’s a privilege to live on the park. I don’t take it for granted.” Several weeks later, Kirshenbaum invited LLNYC to the launch party for his

book at the Lotus Club. “Isn’t this so … what is it that the kids say? Meta?” one of Kirshenbaum’s creatively named subjects asks over champagne and caviar. It is clear what she means. Waiters in blue coats hold silver trays of champagne in the grand oak-paneled library. Live jazz sets the mood, as does a torso-sized “1%” icon carved in ice. The net worth of the room’s familiar faces is well into the billions. Kirshenbaum managed to recreate a scene from his irreverent book in order to celebrate it. Kirshenbaum sums up the moment: “It’s so important to have a sense of humor and the security not to care. I’ve always liked to stir the pot a bit.”

Kirshenbaum strides through the foyer. Early in his career, he ate his lunch in the park across from this building, which later became his home.

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DESIGN TRENDS

No kidding around Experts make case for spending more on responsibly created kid’s furnishings BY JENNIFER WHITE KARP

I

t may seem counterintuitive to urge parents to seek out objects of quality and permanence, like upholstered furniture, even fine art, to go in — of all places — a child’s room. After all, children are the very opposite of permanence, capable of outgrowing sneakers before a season is over, to the eternal frustration of parents everywhere. But what’s often available from manufacturers in today’s throwaway world can be shoddy and even harmful to the environment, and last about as long as a pair of sneakers. So choosing quality furnishings means, in many cases, choosing furnishings that are also ethically made and environmentally safe. That’s an imperative for Jennifer Morris of JMorris Design, who will often try to steer clients away from “disposable� furniture and toward pieces that can be passed on. “When I think about luxury, I think about using your money as a means to represent your commitment to an ethical society,� said Morris. “I believe strongly in purchasing responsibly. It’s a very important way to make an impact.� The designer said that in order to get to desirable price points, children’s furniture manufacturers often create disposable products using what she calls “immoral� methods for getting the products made and often cut corners in construction. “A crib should not last for only one child. If it’s really made well, it should be able to serve several, and when your family outgrows it, it should be able to be passed on to another family,� Morris said. She recommends that parents be diligent and seek out something creative that is made locally or, if buying furniture that is made internationally, “try to make sure that the person is being paid a living wage and is part of a system that supports them.� She favors brands like ducduc, a Connecticut manufacturer that has a showroom at the New York Design Center and makes cribs and dressers using finishes with low VOC, or volatile organic compounds, which are solvents that can be released into the air. The company uses solid wood and avoids MDF, medium-density fiberboard, an engineered wood product. Cribs run from $1,000 to $2,400 while kids’ dressers and armoires run $1,000 to $1,650. Another favorite source of Manhattan interior designers is kinder Modern, which seeks out children’s design pieces from

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the 1920s to 1980s. According to kinder Modern’s web site, it offers furnishings “created by or in the style of prominent and iconic designers of the 20th century and are unique in their innovative use of materiality and design for the time.� Kinder Modern goods are available on the shopping site 1stdibs.com. A set of six Italian children’s enameled metal and plywood chairs, circa 1960, are offered for $2,500. “Downtown Chic,� a decorating book by

Robert and Cortney Novogratz, who are the subject of this month’s cover story, extolls the thrill of a vintage find at a flea market or thrift shop. While the lesson is not explicitly one of sustainability, the takeaway is. Choosing sustainably made products avoids one of the pitfalls of mass-made furnishings. “Anything highly chemical ‘off-gases,’� Morris explained. “When you wonder, ‘how is this piece of furniture $99?’ it is because it is made with the least

Selecting quality furnishings for a child’s room means caring about how children are “sleeping and breathing and developing.� —Philip Gorrivan of Philip Gorrivan Design 1.

2.

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1. &DPSDLJQ &ULE E\ GXFGXF DW ZZZ GHULQJKDOO FRP̧2. Cabana Four Drawer Dresser by ducduc, $1,695–$1,795 at ZZZ OD\ODJUD\FH FRP̧3. 0RG 5RFNHU SULFH DYDLODEOH RQ UHTXHVW DW ZZZ LJORRSOD\ FRP̧4. Chicken Desk from kinder Modern, $16,000 at www.1stdibs.com

A large playroom designed by Sandra Nunnerley features artwork by Raymond Parker, a red chair and ottoman designed by Cheick Diallo and a table by Jacques Jarrige.

Eco-friendly childrens’ stuff 5.

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5. ,ELV &KDLU IURP NLQGHU 0RGHUQ DW ZZZ VWGLEV FRP̧6. &XELQR /RYHVHDW DW ZZZ PRQWHGHVLJQ QHW̧7. 3HUFK /RIW %HG E\ 2HXI DW ZZZ DOOPRGHUQ FRP ̧8. Menagerie Cubist Print 7RGGOHU 3LOORZ DW ZZZ QXUVHU\ZRUNV QHW̧9. 7UHH %RRNFDVH DW ZZZ QXUVHU\ZRUNV QHW̧10. 8S -XQLRU E\ % % ,WDOLD DW ZZZ EHELWDOLD FRP̧11. Italian Child’s Chairs from kinder Modern, $2,500 at www.1stdibs.com CONTINUED ON PG 32

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31

DESIGN TRENDS CONTINUED FROM PG 31

expensive glue and the cheapest labor.� For some of interior designer Philip Gorrivan’s clients, concerns about allergies and respiratory issues guide their decision making. He seeks out organic and natural materials for textile products for those projects. Selecting furnishings for a child’s room is on the same continuum as other health issues, he said. “It’s caring about not only what children are eating, but how they are sleeping and breathing and developing,� he said. Another route to quality kids’ furnishings is simply to shop where the grown-ups go. B&B Italia for example, offers child-sized versions of their iconic armchairs. Last year the company introduced the UP Junior. The pint-sized chair retails for $1,519, and like other upholstered products from B&B Italia, has a 10-year guarantee for the frame. “Cutting down industrial recycling and disposal activities actually saves materials, energy and emissions,� said a company spokesperson. Interior designer Sandra Nunnerley also endorses shopping for kids’ furniture at the same places adults go.

“We always look to include the same wellmade furniture, custom-made window treatments and high-quality carpeting that we use in other rooms,� Nunnerley said. Focusing on the value of the furnishings one incorporates into a child’s room also results in a well-designed room that can grow with a child. Nunnerley advocates putting high-quality custom upholstered furniture and interesting artwork in a children’s room for just that reason. An initial investment in a classic bed, light fixture, window treatment and so on means the room doesn’t require a complete redecoration for the transition to teenagedom. “You want the room to continue to be used in the future, as the child matures and wants a more sophisticated space to relax with friends,� she said. “I love to use color boldly in a child’s room, creating happy, cheerful spaces. In a little girl’s room, we made it so pretty and feminine by using pinks and yellows in the window treatments, along with luxurious bed linens.� That same room, she explained, could be “stripped� later of its “girly� elements. At a large Downtown apartment created by combining two homes, Nunnerley decorated

a 400-square-foot playroom that contains a kitchen where the family’s nanny can prepare small meals. The space features an artwork by American artist Raymond Parker, a red chair andottomandesignedbyMalidesignerCheick Diallo and a table by French designer Jacques Jarrige. There are also clever, shallow drawers under the television that hold the children’s artwork. A large blue chair swivels to catch the view. The room is airy and colorful. But as Morris explained, getting clients to put their money where their mouth is can be a challenge. “Most projects are a mix of high and low,� she said. That’s partly a result of what it means to live in New York City. “We lead such a transient life in New York City. We get married and we move, we have a child and we move again. So I tell my clients I can’t promise that every piece of furniture will fit their new space,� Morris added. “But there are several ways to recoup your investment: You can resell items online or in consignment shops. But you can only do this if you invest in them.� That means you probably can’t resell that $99 piece of furniture, she said. It likely didn’t even survive the three hours spent setting it up.

Playing with your space Creative solutions for Manhattan-size children’s rooms BY JENNIFER WHITE KARP

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Architect Charles Mallea’s vision for a boys’ room in Chelsea. He ended up using ladders instead of stairs.

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NEW YORK CITY

HAMPTONS

CONNECTICUT

NEW JERSEY

HUDSON VALLEY

UPPER WEST SIDE, NEW YORK CITY TOWNHOUSE TREASURE 4 BR – 5 STORY THSE | $6,995,000 | Web#12737514 Louise Phillips Forbes 212.381.3329

WILLIAMSBURG, BROOKLYN, NY

NEW CANAAN, CONNECTICUT

STUNNING EDGE PENTHOUSE

RIVERFRONT ESTATE ON 2.66 ACRES

3 BR+TERRACE, 3 BATH | $3,799,000 | Web#12474963

5 BR, 7 BATH | $2,749,000 | Web#99100882

The Harkov Lewis Team 212.381.2533

Dawn Sterner 203.722.7098

UPPER EAST SIDE, NEW YORK CITY

WEST VILLAGE, NEW YORK CITY

UPPER EAST SIDE, NEW YORK CITY

PREWAR CONDO

CONDO - RARE & UNIQUE PLUS GARDEN

LOCATION, SPACE & VIEWS

3 BR, 3 BATH | $2,495,000 | Web#12341256

3+ BR, 4 BATH | $6,950,000 | Web#12512556

3 BR, 3 BATH | $4,995,000 | Web#12565110

Renée Fishman 212.381.2392

Laurie Silverman 212.381.4262

Lisa A. Rose 212.381.3262

UPPER WEST SIDE / NEW YORK CITY

CENTRAL PARK WEST, NEW YORK CITY SOHO, NEW YORK CITY

PRISTINE AND PARK VIEWS ON CPW

TRULY ONE OF A KIND

SPRAWLING FULL FLOOR DREAM LOFT

3 BR, 1 BATH | $3,395,000 | Web#12559979

1 BR/CONV 2 BR, 1 BATH | $1,580,000 | Web#12567147

2 BR+Office, 2 BATH | $4,250,000 | Web#12583475

John Caraccioli 212.381.2236

George DeMarco 212.381.2348

Nora Ariffin 212.381.2249

Halstead Property, LLC; Halstead Brooklyn, LLC; Halstead Connecticut, LLC. We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin. All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer. All rights to content, photographs and graphics reserved to Broker.

Donna Karan and Peter Speliopoulos

Veronica Swanson Beard and Veronica Miele Beard

Jude Law

Nadja Swarovski and Peter Arnold

Andrew Saffir and Daniel Benedict

Carolina Herrera

SCENE/ SEEN Anna Wintour

Jenna Lyons

Diane von Furstenberg

ɖɔɕə " " Z),HB r V Z Alice Tully Hall, Lincoln Center, NYC, June 1 —PHOTOGRAPHY BY OWEN HOFFMAN OF PATRICKMCMULLAN.COM

Cynthia Rowley and Harley Viera-Newton

Jenny Dyer and Andrew Rosen

34̧̌/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW

Kerry O’Brien and Edward Biggins

Vanessa Traina-Snow and Francisco Costa

John Bartlett and Ruthie Davis

Steven Kolb

CONTINUED ON PG 36

SUMMER EXCLUSIVES

PARK-FACING AT THE PLAZA

EXQUISITE AT THE CARLYLE

1 Central Park South. Create your perfect home at The Plaza Residences. Duplex possibilities totaling 4,368 SF offers the chance to create a sprawling 4-5 bedroom on two levels. Every room faces Central Park. Elegant and sophisticated. Must see. $25.5M WEB# 3332318 Bernice Leventhal (o) 212.937.1699 (m) 917.612.6258, Sarah Thompson (m) 917.523.3419

East 76th Street. Gracious high-floor co-op in prime location designed by William Sofield. 7 rooms, 4 bedrooms, 4 full & 1 half baths. Central Park and city views. 4 exposures. Spectacular light. Full service building plus hotel services/amenities. $22.5M WEB# 3420148 Deborah Grubman 212.836.1055, David Dubin 212.605.9287

TURNKEY TOWNHOUSE INVESTMENT

VA-VA-VIEWS

Flatiron. Location. Convenient and growing - opportunity to collect $500K+ potential income per year. For the investor looking for a turnkey opportunity this is it. Gut renovated luxury condo quality rentals in neighborhood with strong demand. New to market. $12.5M WEB# 3439937 Bernice Leventhal (o) 212.937.1699 (m) 917.612.6258, Sarah Thompson (m) 917.523.3419

Riverside Boulevard. This stunning corner convertible 3 bedroom condo features 11-foot ceilings and 50 feet of Hudson River frontage. Incredible closets and 3 full baths. The kitchen is designed to perfection, as are The Rushmore’s amenities. $3.675M WEB# 3442888 Laurie Levi (m) 646.725.4510

SPACIOUS ONE BEDROOM AT THE ORION

SOPHISTICATED LIVING AT ITS BEST

West 42nd Street. Spacious 885 SF A–line unit with stunning views from the 45th floor at the prestigious Orion Building. High floor corner 1 bedroom/1 bath with floor-to-ceiling windows and great open views of the Manhattan skyline. $1.549M WEB# 3417492 David Bibian 212.893.1436

East 57th Street. 3.5 rooms. Top location. Full service building. Extra large and sunny 1 bedroom and 1.5 bath with terrace. Open living and dining room floor plan, great city views. Garage, gym for a fee. Pied-a-terre and small dogs allowed. $595K WEB# 3364585 Mona El Alami (m) 917.855.8852

SEARCH BY WEB# ON Real estate agents affiliated with The Corcoran Group are independent contractors and are not employees of The Corcoran Group. Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker located at 660 Madison Ave, NY, NY 10065. All listing phone numbers indicate listing agent direct line unless otherwise noted. All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but Corcoran makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice. . To obtain exact dimensions, Corcoran advises you to hire a qualified architect or engineer.

CONTINUED FROM PG 34

Nathalie Kaplan, Stefan Reyniak and Pauline Golbin Reyniak

Alex von Bidder and Diana DiMenna

PICASSO’S “LE TRICORNE” UNVEILING New York Historical Society, NYC, May 27 —PHOTOGRAPHY BY LIAM MCMULLAN OF PATRICKMCMULLAN.COM Juan José Herrera de la Muela

Guests at the event

SCENE/ SEEN

Stephanie Hessler, Tania Higgins and Lise Evans

Dancers entertained the guests.

Todd DiCiurcio and Megan DiCiurcio

Paul McCaffrey and Caroline McCaffrey

Tiki Barber and Traci Lynn Johnson

Anna Chlumsky and Zac Posen

Misty Copeland

a) "V Z) ,V "fB ZSV,B# B ",a ɖɔɕə

SALUTE TO AMERICAN HEROES Pier 60, NYC, May 28 Heidy De la Rosa

—PHOTOGRAPHY BY CLINT SPAULDING OF PATRICKMCMULLAN.COM

Keelin Berman and Laura Meyer

36̧̦/X[XU\ /LVWLQJV 1<&̧̦-XO\ $XJXVW

Jackie Schuman, Heather Van Norman and Briana Thevenin

CONTINUED ON PG 38

©2015 California Closet Company, Inc. All rights reserved. Each franchise independently owned and operated.

Let California Closets help you create the home you’ve always dreamed of with our exclusive finishes, beautiful custom accessories, and exceptional designs. Whether it’s a smaller project or full home remodel, our designers will design a solution just for you and the way you live. Call us today or visit one of our showrooms for a free design consultation.

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CONTINUED FROM PG 36

Jed Bernstein, Katherine Farley and Harold Ford Jr.

Willie Geist and John Legend

Clive Davis and Adrienne Arsht

;,B H;B Ba VʰZ A V, B ZHB# HH9 # ; ɖɔɕə Alice Tully Hall, Lincoln Center, NYC, May 26 —PHOTOGRAPHY BY NICHOLAS HUNT OF PATRICKMCMULLAN.COM

Jim Stewart

Tovah Feldshuh

SCENE/ SEEN

Philip Milstein, Cheryl Milstein and Larry Milstein

Daniel Rayner and Alicia Glen

Greg Zaffiro and Matthew Ailey

Stuart Appelbaum

Dave Mejias

Robert Vitelli and David Kilmnick

;# a B arHV9 V, # ) ASaHB ZfAA V 9, 9Ę&#x;H"" Bridgehampton Tennis and Surf Club, Bridgehampton, NY, May 23 —PHOTOGRAPHY BY PATRICK MCMULLAN OF PATRICKMCMULLAN.COM

Chris Scarpati

38̧̌/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW

Isa Goldberg and Nanette Shaw

Douglas Wurth

© 2015. DOUGLAS ELLIMAN REAL ESTATE. EQUAL HOUSING OPPORTUNITY.

THERE’S A WORLD OF BUYERS FOR YOUR HOME. WE THINK IT’S TIME YOU MET THEM.

Artist Yoni Alter

An increasingly global real estate market demands a brokerage that reaches beyond borders. Douglas Elliman Fine Homes I Knight Frank Residential, the world’s first truly global, luxury real estate brand. 6 Continents. 52 Countries. 412 Offices worldwide.

FINE HOMES

RESIDENTIAL

STAR TRADES

Hamptons home hunt Hollywood stars, business execs and media elite look to trade pricey pads, including a $140M estate BY JUDITH MESSINA

T

he Hamptons real estate market heated up over the past year with some of the most expensive property ever to come on the market in the wealthy enclave, including an 11-acre Georgica Pond estate asking a whopping $140 million. (The alltime East End record-setter remains a home that

earlier sold for $147 million.) Of course, there was also the usual crop of bold-faced names, including business executives, media moguls, actors, and a bevy of reality television celebrities, who were buying, selling and renovating their pricey Hamptons pads. Here is a look at some of the most notable transactions recorded during past year.

Bethenny Frankel

Buying

346 Lumber Lane Bridgehampton

$4.2M

Frankel purchased a new home with 2,280 square feet of space. BELOW: One of the home’s five bedrooms. BELOW RIGHT: A view of the gunite pool.

Bethenny Frankel on the beach last summer

S

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40̧̌/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW

On the Market

Chris Whittle 90 Briar Lane, Georgica Pond

$140M E

GLVRQ 6FKRROV IRXQGHU &KULV :KLWWOH JHWV WKH SUL]H IRU WKH SULFLHVW +DPSWRQV SURSHUW\ FXUUHQWO\ RQ WKH PDUNHW +LV DFUH *HRUJLFD 3RQG HVWDWH %ULDU 3DWFK ZHQW XS IRU VDOH ODVW 1RYHPEHU IRU D MDZ GURSSLQJ PLOOLRQ ,WV DPHQLWLHV LQFOXGH D VTXDUH IRRW PDLQ KRXVH D VTXDUH IRRW JXHVWKRXVH WHQQLV FRXUW SRRO DQG VSD SOXV D OLVWLQJ LQ WKH 1DWLRQDO 5HJLVWHU RI +LVWRULF 3ODFHV Brown Harris Stevens has the listing.

The property includes a 10,000-square-foot main house as well as a four-bedroom guest home. ABOVE LEFT: A view of the wide porch. LEFT: Briar Patch has a pool and hot tub.

LuAnn de Lesseps 280 Highland Terrace Bridgehampton

De Lesseps’ former home sits on a 2.2-acre site.

$8M “

5

HDO +RXVHZLYHV RI 1HZ <RUN̹ FDVW PHPEHU /X$QQ GH /HV VHSV GHSDUWHG WKH 6RXWK )RUN VHOOLQJ KHU %ULGJHKDPSWRQ KRXVH ODVW IDOO IRU D UHSRUWHG PLOOLRQ WR ORFDO EXLOGHU -RH )DUUHOO RI WKH )DUUHOO &RPSDQ\ )DUUHOO SURPSWO\ WRUH GRZQ WKH VTXDUH IRRW UHVLGHQFH WR EXLOG D ODUJHU KRPH 7KH DVNLQJ SULFH IRU WKH QHZ KRPH LV UHSRUWHGO\ PLOOLRQ

Tina Brown & Harold Evans 158 Dune Road Quogue

$9.9M

Brown and Evans’ home features hisand-her offices.

$

SURPLQHQW SDLU RI 'XQH 5RDG GZHOOHUV 7LQD %URZQ DQG KXVEDQG +DUROG (YDQV DUH WU\LQJ WR VHOO WKHLU 4XRJXH KRPH RQ WKH PDUNHW VLQFH ODVW $XJXVW :LWK DFUHV RI ODQG QHDUO\ VTXDUH IHHW RI VSDFH DQG IHHW RI RFHDQIURQW WKH DVNLQJ SULFH IRU WKH VKLQJOHG KRPH LV PLOOLRQ FKRSSHG GRZQ IURP PLOOLRQ Norma Reynolds of Sotheby’s International Realty has the listing.

CONTINUED ON PG 42

/X[XU\ /LVWLQJV 1<&̧̦-XO\ $XJXVW

41

STAR TRADES CONTINUED FROM PG 41

On the Market Susan Lucci 20 Dune Road Quogue Village

$20M S

oap opera diva Susan Lucci SXW KHU VTXDUH IRRW 'XQH 5RDG KRPH XS IRU VDOH ODVW VXPPHU IRU PLOOLRQ ,WĚľV VWLOO RQ WKH PDUNHW /XFFL DQG KHU KXVEDQG +HOPXW +XEHU EXLOW WKH KRXVH NQRZQ DV )RXU :LQGV LQ Douglas Elliman has the listing.

Four Winds has not been on the market before.

Richard Gere

Actors Colony Road $47.5M 26 North Haven

+

ROO\ZRRG KHDUWWKURE 5LFKDUG *HUH LV VWLOO WU\LQJ WR VHOO KLV KRPH NQRZQ E\ WKH PHGLHYDO PRQLNHU 6WURQJ +HDUW 0DQRU /DVW $XJXVW KH dropped the price tag to PLOOLRQ UHSRUWHGO\ GRZQ IURP PLOOLRQ WZR \HDUV DJR ,W ERDVWV VTXDUH IHHW RI OLYLQJ VSDFH DQG KDV EHGURRPV EDWKV D EDVNHWEDOO FRXUW DQG D IRRW KHDWHG SRRO Douglas Elliman has the listing.

Gere’s home features a tea house on an island in a pond.

Sold 30 Egypt Lane East Hampton

RenĂŠe Zellweger

$4.5M $

30 Egypt Lane has a new gunite pool.

42̧̌/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW

FWUHVV 5HQÂŤH =HOO ZHJHU XQORDGHG KHU IRXU EHGURRP EHDFK IURQW (DVW +DPSWRQ KRXVH RQ (J\SW /DQH UHSRUWHGO\ ZLWKLQ D IHZ ZHHNV RI LWV OLVWLQJ ODVW 1RYHPEHU 7KH KRXVH ZHQW IRU RYHU WKH PLOOLRQ DVNLQJ SULFH =HOOZHJHU ERXJKW WKH FR]\ VTXDUH IRRW KRPH IRU PLOOLRQ LQ

NoMad Penthouse Duplex Lower Park Ave. 3BR/3 bth. Contemporary renovation w appx 3000 sf interior & 1500 sf w roof rights. $4.5M. Web #12805747. Julie Perlin 212-452-4373

8 Room 3BR, 2 Bath at Carlyle House

High Flr Beechhurst, Queens 3BR, 2 Bath w Terrace

Gallery, crnr LR w WBFP, DR, kit w pntry, 2 maid’s rms. FS co-op w hotel services, gym, spa. $5.85M. Web #12696524. Margaret Furniss 212-452-4390

Walls of glass, endless River & LI Sound views from every rm, corner LR. Full service co-op w parking space, pool, gym. $965K. Web #12731241. Diane Marie Rocca 212-585-4568

Brilliant Views! Investors Dream

Mint Elevator Townhse On E 71st Off Lex

2579' 3BR, 3 Bth Condo Loft on W 22nd

Corner 1BR, 1 Bth Condo on West 17th

Tribeca 3BR condo on 21st flr, 3.5 bth, Bulthaup kit. FS w amens. $5.195M. Web #12690812. Susan Wires 646613-2653/Shannon Helms Wisniewski 646-613-2604

Top designer. New stoop, facade, systems. DR & LR w WBFPs, EIK, grdn. 5BRs, 5.5 bths, gym, office. $11.995M. Web #12049088. Alexa Lambert 212-452-4408

1035' terrace w grill, sound system, pergola & hot tub. Walls of glass, chef’s kit. $5.5M. Web #12581415. Jeffrey Stockwell 646-613-2615

Open lux kit, floor-to-ceil windows w views. W/D. Low CCs, tax abtmnt + amenity package. $1.875M. Web #12717729. Eric Zollinger 646-613-2679

Rare Chelsea Corner 3BR, 3 Bth w Views

Clinton Hill, Bklyn 4 Story Brownstone

Carnegie Hill Prewar 3BR, 3 Bth Co-op

Brooklyn Heights Duplex TH Co-op

Loft-like w hi ceils & oversized windows. MBR w walkin clst & lrg bth. FS prewar condo. Low CCs. $4.75M. Web #12538695. Marcy Grau 212-452-4361

Renov 4BR, 3.5 bth. Lndscpd terr, garden, cust kit, LR w decor fplc, Eng bsmt. HVAC, W/D. $1.99M. Web #12766417. Cornelia Van Amburg 646-613-2683

Hi ceils, LR w WBFP, DR w French drs, EIK w CAC, top applis, W/D, staff rm w bath. $4.995M. Web #12765786. Cheryl Bergenfeld 212-452-4395

3BR, 2 bth, pvt garden, dbl parlor w 11' ceils, orig dtls, DR, FR/den, office. $2.995M. Web #12805692. Millie Perry 646-613-2651/Brooke Joslyn 718-208-1906

The Right Broker Makes All the Difference. Over the past 35 years, Stribling brokers have successfully represented the world’s most discerning clients, offering an exceptional level of service, integrity and sophistication coupled with an in-depth understanding of the ever-changing real estate market. Stribling professionals embrace a wide range of tastes and styles, ensuring that each client is matched with the broker who can best assist them in buying or selling their home. STRIBLING.COM · UPTOWN 212 570 2440 CHELSEA 212 243 4000 TRIBECA 212 941 8420 BROOKLYN 718 208 1900 · EQUAL HOUSING OPPORTUNITY

A SAVILLS INTERNATIONAL ASSOCIATE

BROOKLYN MARKET ROUNDUP

BROOKLYN’S GOLDEN HOUR

New condos loaded with amenities sell for Manhattan-style high prices BY TESS HOFMANN

B

rooklyn developers are increasingly achieving prices previously seen only in Manhattan. The trend, which involves prices hitting $2,000 per square foot and higher, reflects the booming popularity of Manhattan’s neighbor and the move toward developments aimed only at the Ăźber-wealthy. These price increases are being egged on by the fact that Brooklyn builders are able to offer impressive amenities, higherend finishes and top-notch views at prices that rival far more ordinary options on the other side of the East River. “You can get the best apartment in Brooklyn and feel amazing about the purchase, or you can get an average apartment in Manhattan,â€? said Jared Della Valle, president of Alloy Development, the developer of 1 John Street in Dumbo. “I think that’s a psychological opportunity.â€? Last month, Luxury Listings NYC’s sister publication The Real Deal ranked newly built or recently converted Brooklyn residential projects by average asking price per square foot, excluding buildings with too few active listings and those where square footage information was unavailable. The survey found nine condo units asking over $2,000 per square foot and two XQLWV̭̹̭RQH DW 3LHUKRXVH DQG WKH RWKHU DW %ULGJH 6WUHHW̭̹̭H[FHHGLQJ Meanwhile, on the closed-sale front, the borough has already seen the $2,000-per-foot line crossed. In March, a 700-square-foot condo at the Bennett House in 3DUN 6ORSH D FRQYHUVLRQ RI D V EXLOGLQJ VROG IRU PLOOLRQ RU D IRRW

Alloy’s 1 John Street, where the average listing price is now SHU IRRW WRRN WKH WRS VSRW IRU SULFLHVW EXLOGLQJ The most expensive listing there, one of six penthouses, is RQ WKH PDUNHW IRU SHU IRRW 7KH XQLW EXLOGLQJ VLWV DW WKH HGJH RI %URRNO\Q %ULGJH 3DUN DQG IHDWXUHV NLWFKHQV ZLWK double islands and bathrooms with stone mosaic floors and freestanding soaking tubs. Every apartment has oversized windows with Manhattan views. Della Valle said the quality of the units at 1 John Street, his IRXUWK 'XPER SURMHFW LV KLJKHU WKDQ WKRVH KH EXLOW DW :HVW 18th Street along the High Line in 2010. 3LHUKRXVH̭̹̭ZKLFK LV EHLQJ EXLOW E\ 7ROO Brothers City Living and Starwood Capital *URXS̭̹̭KDV WKH VHFRQG KLJKHVW DYHUDJH listing prices per square foot in the borough, according to TRD’s analysis. The building provides a clear example of the differences between Brooklyn and 0DQKDWWDQ )RU DQ DYHUDJH D IRRW 3LHUKRXVH EX\HUV JHW D ZDWHUIURQW ORFDWLRQ LQ %URRNO\Q %ULGJH 3DUN ZLWK KHDG RQ views of Lower Manhattan, 18-foot-high living room ceilings and access to a rooftop swimming pool and bar. For the same price in Manhattan, a buyer can still get high-end finishes but would get ordinary ceiling heights, second-rate views, standard layouts, and only obligatory amenities crammed into smaller spaces, sources said. Sources also said since many of today’s projects were penciled out a few years back when Brooklyn land costs were a bit lower, developers have more financial flexibility to go over the top with GHVLJQV DQG ILQLVKHV̭̹̭DQG WKHQ UDPS XS SULFHV Like Della Valle, Brooklyn developers are often guided by new development marketing firms that convince them that Brooklyn buyers are also willing to spend more than they have in the past. “The housing stock that was being built seven years ago was for the first-time homebuyer,â€? said Stephen Kliegerman, SUHVLGHQW RI +DOVWHDG 3URSHUW\ 'HYHORSPHQW 0DUNHWLQJ ZKLFK is selling several Brooklyn projects including 388 Bridge and -D\ ̸1RZ WKH KRXVLQJ VWRFN WKDWĚľV EHLQJ EXLOW LV IRU IRONV ZKR PLJKW EH RQ WKHLU VHFRQG RU WKLUG SXUFKDVH ̌̚

For similar prices in Manhattan, a buyer gets KLJK HQG ͤ QLVKHV but also ordinary ceiling heights and secondrate views.

%522./<1Ěľ6 35,&,(67 1(: '(9(/230(17 352-(&76 ADDRESS

NEIGHBORHOOD

AVG PRICE PER SQUARE FOOT

1 John Street

Dumbo

$1,983

90 Furman Street (Pierhouse)

Dumbo

$1,965

210 Pacific Street

Cobble Hill

$1,676

51 Jay Street

Dumbo

$1,546

388 Bridge Street

Downtown Brooklyn

$1,492

Source: The Real Deal

Pierhouse is being built by Toll Brothers.

44̧̌/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW

388 Bridgestreet is in downtown Brooklyn.

1 John Street took the top spot for priciest building.

JAMES KENNY • PAUL KANEB MARKET LEADER | VALUING RELATIONSHIPS | RECORD BREAKING SALES

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INTRACOASTAL 11067 OLD HARBOUR ROAD NORTH PALM BEACH PRIVATE DOCK AND LITTLE LAKE WORTH VIEWS 1.08 ACRE LOT | 4BR / 5.3BA | 12.50M

11676 US HIGHWAY 1 | NORTH PALM BEACH, FL 33408 | 561.691.1223 | WWW.K2-REALTY.COM

TOWNRESIDENTIAL.COM TOWN Residential LLC ("TOWN") is a licensed real estate broker and a partnership of Buttonwood Residential Brokerage LLC and Thor Equities, LLC. All property listing information, including, but not limited to, square footage, room count, HUK U\TILY VM ILKYVVTZ HYL MYVT ZV\YJLZ KLLTLK YLSPHISL I\[ HYL Z\IQLJ[ [V LYYVYZ VTPZZPVUZ JOHUNLZ PU WYPJL WYPVY ZHSL VY ^P[OKYH^HS HUK ZOV\SK IL ]LYPÄLK I` `V\Y V^U H[[VYUL` HYJOP[LJ[ LUNPULLY VY aVUPUN L_WLY[ ;OPZ PZ UV[ PU[LUKLK to solicit property already listed. Real estate agents associated with TOWN are independent contractors and are not employees of TOWN. TOWN owns the following subsidiary real estate brokerages: TOWN Astor Place LLC; TOWN Fifth Avenue LLC; TOWN Flatiron LLC; TOWN Gramercy Park LLC (“TOWN Gramercy”); TOWN Greenwich Street LLC (“TOWN Financial District”); TOWN Greenwich Village LLC; TOWN Soho LLC; TOWN West Village LLC; and TOWN 79th Street LLC (“TOWN Upper East Side”).

CHELSEA 138 WEST 17TH STREET

3 BR 2 BATH

$6.595 M

WEB ID: 206155

SUSAN J. GREEN (646) 998-7428

NOHO

UPPER EAST SIDE 161 EAST 63RD STREET - TH

6 BR 7 BATH

$14.75 M

WEB ID: 571505

304 BOWERY

GINGER C. BROKAW (646) 998-7408 • SOFIA FALLERONI (646) 300-6041

2 BR 1.5 BATH

EAST VILLAGE 109 AVENUE A

3 BR 2.5 BATH

$14,000/MONTH

WEB ID: 426898

CHELSEA WEB ID: 793759

208 WEST 30TH STREET

ERIN STABB (646) 738-2658

3 BR 2 BATH

$10,500/MONTH

DANNY DAVIS (646) 588-4052

SOHO 70 GREENE STREET

$1.895 M

EDWARD R. FREIBERG (646) 588-4013

2 BR 2 BATH

$20,000/MONTH

WEB ID: 560491

BRANDON TRENTHAM (646) 738-2681

WEB ID: 927407

1 6

2 5

4

1) A coveted Birkin bag 2) Getting a Botox injection 3) Ativan pills 4) In vino veritas 5) Wednesday Martin 6) "Primates of Park Avenue"

URBAN JUNGLE

LLNYC reviews ‘Primates of Park Ave,’ a tame read of ground already covered

I

ries” and the hugely popular “Gossip Girl” series (not n the 2004 classic film, “Mean Girls,” Lindsay to mention “Bonfire of the Vanities,” though that was Lohan’s character Cady enrolls at a new high school perhaps more a commentary on Park Avenue men). where she has no friends and doesn’t understand “Primates” offers nothing really new to this genre and the local culture. Her parents are anthropologists the fact that Martin expects us to be wowed by what so she uses what she’s learned from them to she is sharing makes her seem a bit naïve. watch those around her, masking her loneliness with Surprise, surprise, money does not make these observations about teens and their bizarre practices. women happy, and Martin spends a lot of time Until, of course, she becomes one of them. describing the various ways they handle their anxiety, Wednesday Martin, the author of the much-disincluding this extended list: “alcohol; prescription cussed memoir “Primates of Park Avenue¸” follows drugs; ‘flyaway parties’ with girlfriends to Vegas, St. almost the exact same pattern, chronicling with anBarths, and Paris on their private thropological language her move planes; compulsive exercise from the West Village to the Upand self-care (Flywheel, bone per East Side and the special "Dropping $10,000 at broth, and raw, organic, coldbreed of mommies she encounBergdorf Goodman is not pressed juice fasts are big); jawters there. In the beginning, she dropping clothing and accessory faces culture shock (which in itnecessarily a huge deal." purchases (‘presale' is a verb, and self is ridiculous; it’s not as if the —from "Primates of Park Avenue" dropping $10,000 at Bergdorf West Village, home of some of the Goodman or Barneys in a day is wealthiest people in the city, is a not necessarily a huge deal).” normal place) and then slowly but surely “goes native” For all the descriptions of what these women do, and starts adopting the behavior of her subjects. however, what is missing from “Primates” is in-depth Yet despite all the attention the book has received analysis of who these women actually are. Martin about its shocking details (wife bonuses!) and even does not introduce us in any meaningful way to her juicier inaccuracies (Martin wasn’t pregnant when subjects or, indeed, to anyone at all. Names crop up she was house-hunting), the most shocking aspect of PHUHO\ WR PRYH DFWLRQ DORQJ̭̱̭KHU IULHQG SRSV DQ “Primates of Park Avenue” is how un-shocking it is. Ativan at lunch, her husband buys her a Birkin bag, In Martin’s book, housewives on the Upper East her son cries when another mom says he has a “bad Side eat too little, drink too much, get Botox all the birthday.” The only character Martin gives us is hertime, depend on their husbands for money and are hyself, and while the incidents that happen to her are per-competitive about their children. As far as tell-alls sometimes amusing, they aren’t enough to hold a go, it’s pretty tame. All of this has been covered many VWRU\̭̱̭OHW DORQH D ERRṊ̱̭WRJHWKHU ̦—Isabel Schwab times before in books and shows like “The Nanny Dia-

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NEIGHBORHOODS Housing costs

Entertainment

Running down the numbers

Pop culture

Median sale prices

Median rents

Studio EHG EHGV 3 beds > 3 beds

Studio EHG EHGV 3 beds > 3 beds

$412,500 $699,000 $1,575,000 $3,950,000 $8,872,500

UPPER EAST SIDE

$2,050 $2,650 $3,800 $7,250 $25,000

Source: StreetEasy; most recent figures available

Fast facts

New subway inches closer to reality, a Vanderbilt mansion price chop, and more blue bikes 82%

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How much of the first phase of the Second Avenue subway is finished according to the MTA

$17 million

The amount the 72nd Street mansion formerly inhabited by Gloria Vanderbilt dropped in price after two months on the market

39

Number of new Citi Bike stations planned for the neighborhood Sources: The Real Deal, NYCDOT

Pricey digs

Living large in one bedrooms on the Upper East Side

Food Inc.

High end noms

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Big deal

Townhouse? Try three PRICE $2,595,000 ADDRESS 880 Fifth Avenue #12C

PRICE $2,900,000 ADDRESS 502 Park Avenue #15F Source: StreetEasy

TYPE/SIZE Co-op; one bedroom, one and a half baths

TYPE/SIZE Condo; three bedrooms, one bath; 800 square feet

TREE HOUSE The dining room features park views over the treetops.

WHITE GLOVE This pre-war pad has been newly renovated with modern details.

The billionaire banking SAFRA FAMILY has listed three adjoining townhomes for sale at 12-16 EAST 62ND STREET between Fifth and Madison avenues for $120 MILLION. Totaling 30,000 square feet, the three properties are currently configured as 13 units, with 23 fireplaces, 11 terraces and two roof decks. If combined, that would make quite a massive home. And if that’s not enough, the Safras are also marketing a separate townhome right next door for $35 million.

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1) The Metropolitan Opera at Lincoln Center 2) Peter Gelb of the Met 3) Composer Nico Muhly 4) A scene from Nico Muhly’s unconventional “Two Boysâ€? at the Met 5) LoftOpera’s production of La Bohème.

PACKING THE HOUSE

The Metropolitan Opera finds ways to stay relevant to a new generation

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attend the opera anymore,’â€? said So-Chung Shinn, pera audiences may be shrinking the chairman of the Young Associates program at nationwide, but the Metropolitan Opera the Metropolitan Opera. But “when you look at our at Lincoln Center is finding new ways Young Associates’ Evenings, there are so many to draw a crowd from an unexpected young people who are there.â€? source. The program has about 500 members aged 21“I’ve always been aware that classical music and 45. Members see five operas a year, and enjoy perks opera face an uphill struggle,â€? Peter Gelb, the general like reserved tickets, behind-the-scenes talks and manager of the Met, told the New Yorker in March. access to preview parties. “The audience is much smaller than it was 20 or even For some opera houses, the issue is dire. The New 10 years ago.â€? York City Opera shut down and filed According to a report by the for bankruptcy in 2013. National Endowment for the Arts, “It’s important to look Small opera companies are which compared Americans’ courting new viewers with lowerengagement with the arts from at opera in new ways.â€? priced tickets. LoftOpera in 2002-2012, the percentage of —So-Chung Shinn, Brooklyn charges only $30 for adults attending an opera sank the Metropolitan Opera tickets ($50 for the front row) and from 3.1 percent in 2002 to 2.1 puts on their operas in loft spaces percent in 2012. Yet the study found in Brooklyn, making it feel more like a party or something else surprising: while the biggest chunk of hanging out with friends than the more formal Met. the opera-going crowd (20.8 percent) was made up These tactics appear to be working: Loft sells out of those aged 55-64, the second biggest chunk (18.6 almost every performance. percent) was actually made up of 25-34 year-olds. The Met has revamped several opera productions The Met has taken several steps to reach a younger to be more contemporary. La Traviata, famous for its audience in recent years, including streaming its lavish backgrounds, received a makeover in 2011 with performances in HD, setting up an online system for a new bare-bones set, featuring only a clock, a red student tickets, and featuring the work of younger sofa and a white sheet. composers like Nico Muhly, 33, whose opera “Two Shinn said she does “miss the Traviata setâ€? Boysâ€? played in 2013. “It was the first time I’ve been to but recognizes that “it was really time for a new a major opera house like the Met and it felt like it was way of looking at that opera.â€? Though these new something by us and for us,â€? said Nick Lamm, 27, the productions are controversial, “it’s important to keep Met’s School Program administrative coordinator, moving forward and keep looking at opera in new speaking about his generation of opera fans. ZD\V Ěš VKH VDLG ̌—Isabel Schwab “We hear a lot of, ‘oh young people don’t want to

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NEIGHBORHOODS

UPPER WEST SIDE

Housing costs

Dining

Running down the numbers

Au revoir to Ouest

Median sale prices

Median rents

Studio EHG EHGV 3 beds > 3 beds

Studio EHG EHGV 3 beds > 3 beds

$469,000 $775,000 $1,590,000 $2,519,000 $5,795,400

$2,280 $2,900 $4,300 $8,000 $13,500

Source: StreetEasy; most recent figures available

Fast facts

A teeny tiny studio, fresh towels nearby and no cars in the park 100

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uest, a favorite Upper West Side French restaurant, shut its doors ODVW PRQWK DIWHU \HDUV in business. Chef and coRZQHU 7RP 9DOHQWL VDLG WKH FORVXUH ZDV SDUWO\ GXH WR KLV OHDVH FRPLQJ XS IRU UHQHZDO DQG SDUWO\ because the neighborhood has changed. “We used to get the artists, writers, LQWHOOHFWXDOV SHUIRUPHUV RQ D UHJXODU EDVLV Ěš 9DOHQWL WROG WKH 1HZ <RUN 7LPHV ̸%XW D ORW RI WKH 8SSHU :HVW 6LGH ROG WLPHUV SHRSOH OLNH 6LGQH\ /XPHW DUH JRQH Ěš

Square footage of a studio for rent on West 71st Street for $1,100 per month

Nabe news

15 minutes

How far Bed, Bath & Beyond CEO Steven Temares now lives from his store at 40 West 77th Street

72nd Street

The new permanent northern boundary in Central Park that cars cannot cross Sources: West Side Rag, The Real Deal

Pricey digs

Loaded with luxury on the Upper West Side

Doggy discrimination

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esidents at :HVW (QG $YHQXH RQH RI WKH /LQFROQ 7RZHUV QHDU /LQFROQ Center, are now RQO\ DOORZHG WR bring certain breeds of dog LQWR WKH EXLOGLQJ D SROLF\ RQH resident described WR '1$LQIR DV ̸GRJ UDFLVP Ěš 'RJ RZQHUV DUH UHTXLUHG WR KDYH WKHLU dog’s breed verified by a veterinarian, and if the pet LQ TXHVWLRQ LV D PXWW WKHQ LW PXVW VXEPLW WR D '1$ EORRG WHVW $PRQJ WKH EDQQHG EUHHGV *HUPDQ 6KHSKHUGV 6KLK 7]XV DQG %DVVHW +RXQGV

Celeb watch

A killer pad

PRICE $3,800,000 ADDRESS 91 Central Park West #14C

PRICE $17,995,000 ADDRESS 60 Riverside Blvd. #1601 Source: StreetEasy

TYPE/SIZE Co-op; three bedrooms, three baths

TYPE/SIZE Condo; seven bedrooms, eight baths; 6,758 square feet

PRIVACY PLEASE The master bedroom has not one but two en-suite baths.

CLIMB UP The building features among its many amenities a 38-foot rock climbing wall.

Singer ROBERTA FLACK has listed her two-bedroom, two-bathroom apartment at the DAKOTA AT 1 WEST 72ND STREET FOR $9.5 MILLION. The building has been home to many other notable residents over the 40 years that Flack has lived there, including John Lennon, Yoko Ono, Leonard Bernstein and Lauren Bacall (whose threebedroom apartment in the building is also for sale for $23.5 million). Future buyers beware, though: The co-op board is super tough and once rejected Carly Simon.

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Photography: Brian Watkins courtesy of Ritani; other images by Siobhan Harrington

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1) Brian Watkins 2) A rough diamond 3) Diamond cutter at work 4) Diamonds on display in Ritani’s retail space 5) A multimillion dollar necklace

A PERFECT CUT

Tucked inside a Midtown office building is the country’s largest diamond factory

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work, but it really is an art form. Every single diamond he office lobby is a generic space guarded is different when it comes out of the ground, especially by a single dispassionate doorman. Here when you are dealing with larger stones. It takes five to you would never suspect that raw and cut 10 years experience before a cutter can even work in a diamonds worth hundreds of millions of factory like this.” dollars are housed just a few flights up. Although diamond is the hardest known natural Located in the heart of the Diamond District, the material, a stone requires a delicate touch. Last year, a 33-story Art Deco tower blends into the jungle of MidRitani cutter accidently cracked a 30-carat pear shape town skyscrapers. “You walk down 47th Street and into pieces. “It happens once in a blue moon,” Klein see all the diamond retailers, but you don’t realize that said. (A bit of perspective: A 30-carat D flawless diathe largest diamond manufacturing facility in all of the PRQG̭̱̭WKH KLJKHVW TXDOLW\ FRORU DQG FODULW\̭̱̭FDQ UXQ Americas is right here,” said Brian Watkins, president upwards of $15 million.) of Ritani, the third-generation family-owned diamond On the factory floor, a few expert brand, which operates the factory. lapidaries inspect obscenely large That’s right: The largest diamond “You don’t realize the GLDPRQGV PRXQWHG WR GRSV̭̱̭ factory in the U.S. is in Midtown. It couldn’t be more anonymous, and largest diamond facility mechanical, arm-like tools used to Ritani likes it that way, requesting that in all of the Americas SRVLWLRQ DQG FXW JHPVWRQHV̭̱̭WKURXJK what might be antique loupes. LLNYC not publish the address. “We is right here.” They cautiously press the stones to are managing about half a billion in spinning wheels every few seconds inventory on a daily basis, worldwide,” —Brian Watkins, Ritani to polish them, producing a high-RPM Watkins said. “That’s about 90,000 shrill. It’s an archaic-looking scene. diamonds.” Klein grabs a diamond from a cutter: “We’re talking Mark Klein, the director of operations for the Julius about $80,000 a carat on something like this,” he Klein Group, which owns a stake in Ritani and shares VD\V ̸6R LWV DERXW D KDOI PLOOLRQ GLDPRQG̭̱̭WKDW LV LI the factory space, added that most of their higher-end, everything works out.” meaning larger sizes, are manufactured in Midtown. Like setting an auction price for a famed work of Their other three factories are in Africa. art, pricing a rare diamond is complex, and dependent Upstairs within Ritani’s facilities, security tightens. on market conditions. And like art, larger diamonds Behind an impressive set of double doors, some 15 are often one of a kind, requiring handcrafted settings, Hasidic men meticulously handcut and polish some of one-off molds and craftsmen cutters. the most perfect stones money can buy. “I consider these manufacturers artists,” Watkins “There isn’t a school for cutting. It is all learned by VDLG ̦—Chris Cameron apprenticeship,” Klein told LLNYC. “It’s very tedious

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NEIGHBORHOODS

MIDTOWN

Housing costs

Retail news

Running down the numbers

Goodbye to the world of toys

Median sale prices

Median rents

Studio EHG EHGV EHGV ! EHGV

Studio EHG EHGV EHGV ! EHGV

$779,000 $1,312,500 $2,724,500 $8,325,000 $16,800,000

$2,963 $4,196 $6,500 $8,450 $34,995

Source: StreetEasy; most recent figures available

Fast facts

Broadway bucks, a coffee high and living large at One57 $1.365 billion

The amount Broadway theaters made in ticket sales for the Broadway season which just ended, its highest-grossing year ever

3

The number of Starbucks that are now open in the Empire State Building. One is a 600-square foot “express store� with a limited menu and no seating.

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Record smasher

38

The total units available to rent in luxury tower One57. Prices range from $13,350 per month for a one-bedroom to $50,666 per month for a three-bedroom. Source: The New York Times, The Commercial Observer, The Real Deal

Pricey digs

Impressive three bedrooms in Midtown

$

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All Hail the Queen!

PRICE $4,500,000 ADDRESS 23 Park Avenue #4S

TYPE/SIZE Co-op; three bedrooms, three baths; 3,000 square feet

LA DOLCE VITA It’s located in a five-story building from 1890 modeled after an Italian Renaissance palazzo. PRICE $3,490,000 ADDRESS 410 East 57th Street #12B/E TYPE/SIZE Co-op; three bedrooms, three baths DOUBLE TROUBLE Designer Todd Alexander Romano led a renovation that combined two units.

Source: StreetEasy

The British are coming? Word broke in June that QUEEN ELIZABETH II has purchased a three-bedroom pied-Ă -terre at 50 UNITED NATIONS PLAZA FOR $7.9 MILLION. The architect Norman Foster, who was knighted by the Queen in 1990, designed the building. Alas, it later turned out that the apartment will be occupied by the head of the New Zealand mission to the United Nations, Gerard van Bohemen. Since the queen is considered the head of the government, the purchase was made in her name.

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1) The Met Life Tower 2) Ian Schrager 3) A view from the hotel 4) A penthouse at the Edition 5) A deluxe room 6) A spiral staircase rises from the lobby.

EDITION TIME

Hotelier Ian Schrager unveils mash-up of ornate gestures and punk irreverence

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Turner landscapes or impressionist whirlwinds, n recent years, hotels have come to define symbols of New York City’s counterculture fill the the increasingly desirable stretch of Midtown frames: images by Bob Gruen and Maripol, portraits sandwiched between Madison Square Park and of George Condo and Jasper Johns, and Manhattan Herald Square. Scores of small chain hotels now streetscapes. dot 28th and 29th streets. Meanwhile, a select On the same floor, Michelin-starred British chef group of luxury accommodations have opened in Jason Atherton has opened the Clocktower in the the nabe, such as the Ace, Carlton and Gansevoort, landmarked interior space that once served as owning the upper end of the market. But there is a new MetLife’s executive offices. It’s a mix of city grit and 273-room whale in town. turn-of-the-century splendor. The baron of boutique, hotelier Ian Schrager “We will have pops of color premiered the New York Edition in on seat cushions, and maybe an the Metropolitan Life Tower at the ornate Baroque mirror. We want corner of the Madison Square Park It’s a mix of city grit to take a little bit of the decorative this May. and turn-of-the-century ornateness we have on the second It’s the fourth outpost for floor and bring it down to the lobby, 6FKUDJHUĚľV (GLWLRQ EUDQG̭̹̭RWKHU splendor. but still be simple,â€? Schrager told locations include London, Istanbul the Times prior to the opening, DQG 0LDPL %HDFK̭̹̭DQG GHVSLWH adding that “the whole idea is to have it feel like you the tower’s stately pre-war façade, inside it’s the are staying in the guest room of a private home, typical Schrager mash-up of ornate gestures and rather than a hotel room.â€? punk irreverence. From 1909 to 1913, the clock tower reigned as the “It’s inspired by New York City’s turn-of-thetallest building in the world. Today, rooms boasting 20th-century private clubs, Fifth Avenue’s Gilded thick wood doors and matching headboards, Age mansions and Stanford White’s architectural especially at the top of the building’s gold-capped masterpieces.â€? Schrager told the New York Times. pinnacle provide rarely matched views. “Guests come into a dark oak-paneled foyer, like Naturally, all of this buzz comes at a cost: Room an upscale New York apartment building in the prices range from $675 to $8,000 a night. And, while 1920s. It’s a fusion of old and modern. We have this that may seem rather steep, rumor has it that on the sculptural spiral staircase. We are still in this neutral 27th floor, secret doors in the guest rooms open to palette of taupes, ivory and white. But this is probably reveal the clockworks. For any diehard fan of NYC’s the last time we’ll do a neutral palette.â€? iconic buildings, staying in such a room would be a On the hotel’s second floor, hundreds of tasteVWURNH RI JRRG OXFN LQGHHG ̌—Christopher Cameron ful gold frames fill the wall space. But instead of

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NEIGHBORHOODS Housing costs

Nabe news

Running down the numbers

East meets West Coast

Median sale prices

Median rents

$530,000 $1,095,000 $2,222,500 $2,922,500 $9,385,000

6WXGLR EHG EHGV EHGV ! EHGV

6WXGLR EHG EHGV EHGV ! EHGV

$3,527 $5,123 $8,980 $10,950 $13,800

Source: StreetEasy; most recent figures available

Fast facts

Michelin stars, whiskey class and a fashionable townhouse 1 The number of Michelin stars awarded to Gramercy Tavern in the 2015 guide

GRAMERCY/FLATIRON

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Retail update

Get your chocolate fix

$85

The cost of a whiskey class at the Flatiron Room, a lounge on East 26th Street

$11 million

The amount Yves Saint Laurent director Hedi Slimane paid for a Gramercy townhouse at 65 Irving Place Sources: eater.com, Business Insider, New York Daily News

Pricey digs

Penthouses proffer princely views

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On the market

Japanese artist selling home PRICE $72 million ADDRESS 23 East 22nd Street, penthouse

PRICE $49.7 million ADDRESS 18 Gramercy Park South #PHR Source: StreetEasy

TYPE/SIZE Condo; 7,600 square feet, five beds, five and a half bathrooms

TYPE/SIZE Condo; 6,329 square feet, four bedrooms, five bathrooms

TOP OF THE WORLD Rupert Murdoch is flipping his prestigious penthouse boasting 360 degree views.

EPIC EXPOSURES This well-lit penthouse has 63 windows in total with four exposures.

Internationally renowned Japanese artist MARIKO MORI has put her penthouse at PEAR TREE PLACE AT 203 EAST 13TH STREET on the market for $4.44 MILLION, according to the New York Post. The 1,972-square foot duplex has three bedrooms, three baths, four fireplaces, oak floors, exposed brick and a chef’s kitchen. Mori’s work has been exhibited at the Centre Georges Pompidou in Paris and the Museum of Modern Art.

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1) Chef Thomas Keller 2) A rendering of Hudson Yards 3) Kenneth Himmel of Related Urban 4) A rendering of a restaurant view at the project 5) Chef Keller in the kitchen with his staff at Per Se

CUE THE RAVE REVIEWS The star power of Chef Thomas Keller will infuse new eatery at Hudson Yards

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to Hudson Yards, Himmel revealed that there will be an Chef Thomas Keller, the only Americanjust two restaurants anchoring the project, with a born chef to simultaneously hold multiple diverse mix of food courts filling in the culinary gaps. three-star Michelin ratings, surpass One of those anchors is, of course, Keller’s. The other himself again? location’s chef has yet to be announced, although Yes, according to his friend and longDanny Meyer is rumored to be the other. time business partner, Kenneth Himmel, who believes “You enter the restaurants on the fifth level, and that Keller’s greatest success is yet to come with a go up to the sixth floor. There you walk into these new collaboration at Hudson Yards. incredible 15,000-square-foot restaurants that open Himmel, the president and CEO of Related onto our terrace,” Himmel said. Urban, tapped Keller to run one of his “showstopper The development’s other restaurants and food locations” at Hudson Yards, the colossal West Side courts will serve up a cosmopolitan panoply of development being touted as “the largest private international cuisine and look real estate development in the out over a sculpture garden and history of the United States.” “We didn’t even consider the Hudson River. “We’ve made “We didn’t even consider four restaurant deals that are in other chefs” for Hudson Yards’ other chefs.” various stages, and when you premiere restaurant space,” —Kenneth Himmel, developer hear the names of the chefs, said Himmel, who worked you’ll get the picture pretty extensively with Keller to create quickly of how incredible this line-up of talent really Time Warner Center’s dining concepts. “I’ve spent is,” Himmel teased. the last 13 years in a partnership with Thomas here The dining offerings at Hudson Yards are in many in New York. We are together eight to 10 times a ways modeled on the success of Time Warner Center, year for significant discussions about the restaurant which boasts some of the world’s best restaurants business.” This project “is a natural for us,” he added. under one roof: A Voce, Per Se, Bouchon, Center Bar, Chef Keller became the talk of the town back in Porter House, Landmarc and Masa. 2005 when his new American and French restaurant, Together, Time Warner Center’s restaurants Per Se, received the Michelin Guide’s coveted three“generate pretty close to $100 million in revenue star rating, just one year after making its debut on the a year, which is a remarkable number by anyone’s fourth floor of the Time Warner Center. One year later, measure,” Himmel said. “If you measure that against Keller received the same honor for his nine-course standards across the restaurant industry, it puts tasting menus at The French Laundry in Napa Valley. Time Warner Center in the top 1 percent in restaurant Giving Luxury Listings NYC an advance look behind performance.” —Christopher Cameron the scenes at the high-end dining concepts coming

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NEIGHBORHOODS

CHELSEA

Housing costs

Strange happenings

Running down the numbers

“Seinfeld� reality tour

Median sale prices 6WXGLR EHG EHGV EHGV ! EHGV

Median rents

$539,000 $1,224,500 $2,674,500 $5,972,500 $9,675,000

6WXGLR EHG EHGV EHGV ! EHGV

$3,098 $4,000 $6,548 N/A $7,395

Source: Streeteasy; most recent figures available

Fast facts

Printed books, pricey art and a sweet treat at the Whitney 9

Number of years the bookshop Printed Matter has been in the same location at 195 10th Avenue. It is moving a couple blocks over to 231 11th Avenue in September.

$15 million

The value of the artwork on display now at the Luhring Augustine gallery by the artist Christopher Wool

$10

Price of the peanut butter blueberry crunch cake at chef Michael Anthony’s new restaurant, Untitled at the Whitney Sources: DNAinfo, Bloomberg

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Nightlife

Last call at 1Oak

Pricey digs

Swimming pools in Chelsea

PRICE $11,995,000 ADDRESS 232 West 15th Street

TYPE/SIZE Townhouse; five bedrooms, six baths; 5,650 square feet

URBAN OASIS The home features a sauna and a 25-foot lap pool with a waterfall.

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Developments

Chelsea fails

T PRICE $3,495,000 ADDRESS 465 West 23rd Street #19BC Source: StreetEasy

TYPE/SIZE Co-op; two bedrooms, two baths

TAKE A DIP The building has an Olympic-size indoor swimming pool.

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1 5

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1) The Lively Set, a lamp store on Bedford Street, closed this spring after 20 years in business. 2) The interior of the lamp store. 3) A farewell note to customers 4) Le Figaro Café closed after 50 years. 5) Jack Kerouac

IDENTITY CRISIS

Shuttered stores have residents asking, ‘Why live in the West Village anymore?’

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NEIGHBORHOODS Housing costs

Nabe news

Running down the numbers

Set in stone

Median sale prices

Median rents

Studio 1 bed EHGV 3 beds > 3 beds

Studio 1 bed EHGV 3 beds > 3 beds

$549,000 $1,200,000 $2,725,000 $7,950,000 $15,500,000

$2,750 $3,695 $5,498 $12,000 $19,500

Source: StreetEasy; most recent figures available

Fast facts

A very pricey townhouse sells, chef to open a new eatery and big pads coming soon $38.5 million The sale price of the most expensive townhouse in Greenwich Village at 16 East 10th Street

GREENWICH VILLAGE

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he Landmarks Protesters at the Stonewall Inn Preservation Commission unanimously signed off on the designation of the Stonewall Inn at 51-53 Christopher Street as a landmark. The move protects the home of the Greenwich Village EDṶ̱̭ODUJHO\ considered the birthplace of the gay rights movement in the late 1960s, from demolition or redevelopment. According to the Wall Street Journal, it is the first time a property has been landmarked inside an already historic district. Development update

Protesting a mega pier project

120

Seats at the as-yet unnamed restaurant that chef Dan Kluger, previously at ABC Kitchen and ABC Cocina, will open at 21-23 West Eighth Street

2,591

Size in square feet of the condos at a new luxury development coming to University Place and 13th Street Sources: Curbed, Eater

Pricey digs

Tree-lined charm in Greenwich Village

T

he City Club of New York is fighting to block Pier 55, the $130 million island-like project funded by Barry Diller and Diane von Furstenberg, according to The Villager. The civic group filed suit last month in Manhattan State Supreme Court to halt the project. Tom Fox, a club member and Hudson River Park activist told The Villager, “The public is being hoodwinked. It’s part of the privatization of the waterfront.” Celebrity watch

Banjoist scores $3.2M co-op

PRICE $2,595,000 ADDRESS 66 West 11th Street #1

TYPE/SIZE Co-op; one bedroom, one bath

HISTORIC GRANDEUR This home is a parlor-level floor through in a prime 1853 Italianate townhouse.

PRICE $2,875,000 ADDRESS 51 Fifth Avenue #2A TYPE/SIZE Co-op; two bedrooms, two baths BREAK A SWEAT Cool off with central air conditioning after exercising in the building’s gym. Source: StreetEasy

Mumford & Sons banjo player WINSTON MARSHALL is laying down roots in New York City with the purchase of a $3.2 MILLION CO-OP. The three-bedroom, one-bathroom, 2,000-square-foot pad at 237 LAFAYETTE STREET reflects the musician’s folksy charm with its hardwood floors, exposed brick, and creatively shaped apertures on the interior walls. It was last listed for $3.5 million. Actor Josh Hartnett once lived in the building, which has 21 units total.

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1) An interior at Byredo’s new Soho shop 2) Founder Ben Gorham 3) The Soho outpost includes a line of leather goods. 4) Byredo scents, including the popular Gypsy Water.

THE SCENT OF LUXURY Provocative perfume entrepreneur launches Byredo location in Soho

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and lotions. It is also supposed to double as a ow do your memories smell? That was studio for experiments, according to Gorham, a the question that Swedish perfume former professional basketball player in Europe entrepreneur Ben Gorham originally who quit the game to study fine art in Stockholm. sought to answer when he created Other initiatives, such as creating colors for Byredo, a brand of perfumes, body ceramics and cosmetics, are also planned at the care products and home fragrances that New location. And, true to the experimental ethos of Yorkers can now experience in a new Soho location. Byredo, there will be a perfume based on the scent The new store, which recently opened on the ground of leather. floor of 62 Wooster Street, is seven times the size The location of Gorham’s store has a provocaof Byredo’s only other location, its original spot in tive history as well. Stockholm. Jeff Greene, a billionaire investor from South Gorham’s first perfumes, created by perfumers Florida, bought the seven-story, cast-iron 62 Olivia Giacobetti and Jérôme Epinette, were based Wooster in 2011 for $26.27 milon what he told the New York lion. He then spent around $40 Times were memories of his Gorham initially wanted million upgrading it from rentals parents: a scent called Green WR OX[XU\ FRQGRV̭̱̭DQG VQDJ (sage, orange and musk) that to name his store after ging Byredo as the retail tenant. evoked his father, and one called the area’s old nickname: Green put the building on the Encens Chembur (temple incense market earlier this spring for a and lemon, ginger), named for the Hell’s Hundred Acres. cool $125 million. (It has yet to place in India where his mother sell.) was born. Roughly six decades before Green invested in Since these initial creations, Gorham has rethe area, this part of Manhattan, including presentsponded to inspirations both earthy and ethereal. day Soho, was nicknamed Hell’s Hundred Acres. It “I can tackle emotions and different notions was infinitely grittier then, probably the last place that are abstract, like love and darkness,” he told on earth that would host a high-end perfume shop. the Times. That explains one of Byredo’s biggest Gorham wanted to call his new store just that, sellers, Gypsy Water, which smells of juniper WKRXJK̭̱̭+HOO̵V +XQGUHG $FUHV berry, sandalwood, vanilla and pine needle, or, in In the end, he told the Times, the name didn’t Gorham’s words, “this glamorous idea of living in pass the smell test: “It has to capture the idea nature and being free.” DQG PDNH SHRSOH ZDQW WR SLFN LW XS DQG WU\ LW ̹̦ In addition to perfume, the new Soho location —Tom Acitelli includes a leather-goods line as well as candles

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NEIGHBORHOODS

SOHO

Housing costs

Shopping

Running down the numbers

Score some Alessi for the home

Median sale prices 6WXGLR EHG EHGV EHGV ! EHGV

Median rents

$1,200,000 $1,550,000 $3,187,500 $6,100,000 $17,200,000

6WXGLR EHG EHGV EHGV ! EHGV

$2,600 $3,825 $7,500 $8,000 N/A

Source: StreetEasy; most recent figures available

Fast facts

Fighting with the queen of brides, designer prices and a terrace bigger than your pad $272,000

Amount landlord alleges designer Vera Wang owes in back taxes on her store at 158 Mercer Street, which she disputes

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Development news

$3,000+

Price per square foot developers are hoping to get at a new boutique condo from Karim Rashid at 30 Thompson Street

Let me get this straight

2,200

Square footage of the private terrace at the biggest penthouse at Extell Development’s new development at 70 Charlton Street Sources: The Real Deal

Pricey digs

Places your wine can call home

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Celebrity watch PRICE $2,500,000 ADDRESS 37B Crosby Street #1

PRICE $2,950,000 ADDRESS 497 Greenwich Street #2 Source: StreetEasy

TYPE/SIZE Co-op; two bedrooms, two baths

TYPE/SIZE Condo; one bedroom, two baths; 1,662 square feet

CHILL OUT Home has a fully renovated windowed kitchen and a customized wine cellar.

AT YOUR SERVICE Building offers a wine cellar, as well as a 24-hour concierge, cinema and gym.

Post it on Facebook

CHRIS HUGHES, a cofounder of Facebook and the majority owner of the New Republic, and his investor husband, SEAN ELDRIDGE, who once ran for Congress, listed their Soho apartment last month for $8.8 MILLION. The 4,200-square-foot spread at 30 CROSBY STREET features three bedrooms and a 40-foot-long living room. It has undergone recent renovations, according to the Wall Street Journal.

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1) Mmuseumm 1 is located in an abandoned freight elevator. 2), 3) Artifacts on display at Mmuseumm 1 4) Benny Safdie, Josh Safdie and Alex Kalman 5) A street view of “Sara Berman’s Closet” at Mmuseumm 2

AN ODE TO A CLOSET

City’s tiniest museum opens in Tribeca with intimate focus on personal objects

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NEIGHBORHOODS Housing costs

Development update

Running down the numbers

Hudson Square living

Median sale prices 6WXGLR EHG EHGV EHGV ! EHGV

Median rents

N/A $1,874,000 $3,462,500 $5,500,000 $11,250,000

6WXGLR EHG EHGV EHGV ! EHGV

$4,060 $5,290 $8,500 $14,950 $27,500

Source: StreetEasy; most recent figures available

Fast facts

Living in stables, seeking a loo and an icon hits the market $65,000

The monthly rent to live in former stables at 60 Collister Street. The property was originally listed for $80,000, so it’s a relative bargain.

TRIBECA

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Food at the pier

$25

The monthly fee to find clean NYC bathrooms via the app Looie, now being tested at the restaurant Mulberry & Vine

5

How many apartments are listed for sale on the top floors of the Woolworth Building. This is the first wave of the total 34 units in the building. Sources: Curbed, New York Post

Pricey digs

Industrial chic in Tribeca

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J. Law on the hunt PRICE $3,700,000 ADDRESS 84 Thomas Street #2

PRICE $3,995,000 ADDRESS 16 Hudson Street #2E Source: StreetEasy

TYPE/SIZE Co-op, one bedroom, two baths; 2,800 square feet

TYPE/SIZE Co-op; three bedrooms, two bathrooms

ORIGINAL DETAILS Cast iron columns and a wall of exposed brick add character.

WOODEN FANTASY The home features Brazilian Ipe on the terrace and wideplank oak floors.

A-list movie star JENNIFER LAWRENCE appears to be putting her reported $20 million paycheck for “Passengersâ€? to good use. The actress was spotted touring the converted book-binding factory at 443 GREENWICH STREET, where the penthouse is CURRENTLY LISTED FOR $51 MILLION, as well as nearby 426 Greenwich Street. Page 6L[ UHSRUWHG WKDW VKH LV VHDUFKLQJ IRU D UHQWDO IRU DERXW SHU PRQWK̭̹̭VR VKH VKRXOG EH able to find a nice one-bedroom in the pricey hood.

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1) The sleek Hotel on Rivington 2) A luxe bath at Hotel on Rivington 3) Co-op Food and Drink, a restaurant on the ground floor of Hotel on Rivington 4) Nighttime lounge space at Hotel Indigo 5) A view of the Bowery in 1956 6) Public Hotel is expected to be completed in 2016.

A NEW MELTING POT Can the Lower East Side handle so many hotels rising in the area?

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Midtown, now closed), which is set to open in a stillhe neighborhood once considered unnamed hotel at 119 Orchard Street. Meanwhile, the “America’s Melting Pot” will see nine new 300-room Hotel Indigo on 171 Ludlow Street planned hotels open over the next two is accepting reservations now for stays starting years, part of a recent surge of hotels September 2015 and its website says the hotel will being built in the city. In April, there were be “infused with street art” and will show work from about 29,000 hotel rooms Downtown, almost 35 artists from the neighborhood, such as graffiti artist percent more than at the end of 2009, according to Lee Quinones. hotel industry analyst firm STR. But the tourism boom Of course, these new hotels and other developments may be slowing down. in the neighborhood are not without their share of Sean Hennessey, founder of hotel advisory firm controversy. Many of them are displacing long-standing Lodging Advisors, told the Commercial Observer in institutions, such as the Chinatown June that he thinks the rising dollar Community Center on 223-225 is going to be a deterrent to many Hoteliers tap demand Bowery, which was operated by the foreign visitors: “If you’re in from Salvation Army and is now being London or Europe, you’re not sayfor a street-smart vibe. converted into an Ace Hotel. Gawker ing New York is a bargain now.” reported the sale with the headline: Still, the neighborhood does “Last Poor Place on The Bowery Sold to Rich People.” not have many high-end hotels, with exceptions Construction is also impacting the neighborhood’s like Hotel on Rivington, which was built in 2004 and character in other ways. Sara Romanoski, an urban features large rooms, balconies, soaking tubs and planner and co-founder of the community group L.E.S. the trendy nightclub Viktor & Spoils on the ground Dwellers, said that at one point she had construction floor. Ian Schrager’s hotel and condo project, Public sites on three sides of her apartment building, two of Hotel at 215 Chrystie Street, is under construction. which were hotel projects. She is concerned the hotels (Schrager memorably described the project in an being built are out of context with the neighborhood’s interview with the New York Times last year as “tough scale and isn’t convinced the Lower East Side will atlux” and “refined gritty.”) Above the hotel will be 11 tract enough tourists to fill them. luxury residences; eight have already sold. (Fashion “These are big spaces that are being put in,” she photographer Mario Testino is one of the buyers.) said, noting an estimated 800 to 900 hotel rooms are Other hoteliers are also tapping demand for a going up within nine small blocks. “I question the destreet-smart vibe while also offering amenities such mand of the hotel market here, and how much of it is as pools, gyms, rooftop bars and hip restaurants like just real estate speculation. In the meantime, there’s The John Lamb from restaurateur John Valentine VR PXFK ORVV DQG GDPDJH GRQH ̹̦—Isabel Schwab (who previously ran FireBird, a Russian restaurant in

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NEIGHBORHOODS Housing costs

Nabe news

Running down the numbers

A living lesson

Median sale prices

Median rents

$617,000 $725,000 $1,407,500 $2,999,995 $3,995,000

6WXGLR EHG EHGV EHGV ! EHGV

LES/EAST VILLAGE

6WXGLR EHG EHGV EHGV ! EHGV

$2,198 $2,700 $3,500 $4,595 $6,998

Source: StreetEasy; most recent figures available

Fast facts

Sipping Kava is nice, racking them up and major retail space 10

The number of seats at Kavasutra at 261 East 10th Street, the East Village’s first Kava bar, which serves tea made with kava root, said to make sippers relaxed but not fuzzy

$15

The per person cost of a game at the luxury bowling alley Splitsville, which is opening at Essex Crossing

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Development update

56,610 square feet

The amount of retail space that will be at a new building at 500 East 14th Street. Rumor has it Fairway is scoping it out. Sources: bedfordandbowery.com, New York Daily News and evgrieve.com

Pricey digs

Tranquil spaces on the LES

Squaring off

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Celebrity watch

Picking up a gem PRICE $2.5 million ADDRESS 59 Fourth Avenue #7A

PRICE $2.2 million ADDRESS 119 East 10th Street #GRDN Source: StreetEasy

TYPE/SIZE Co-op; 1,700 square feet, two bedrooms, two bathrooms

TYPE/SIZE Co-op; one bedroom, two bathrooms

SOAK IT IN The large en suite master bath features a deep soaking tub.

GARDNER’S DELIGHT This full-floor apartment features a landscaped garden in front and back.

Australian supermodel GEMMA WARD sold her three-bedroom co-op in the East Village to a Goldman Sachs executive for a cool $2.3 MILLION. The home at 232 EAST SIXTH STREET, a 31-unit building constructed in 1920, sold for its asking price. It was listed in November. At age 16, Ward was the youngest model ever to appear on the cover of Vogue, the New York Daily News reported. Ward bought the apartment for $1.5 million in 2007 and poured thousands into a renovation.

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1) Le District is located on the ground floor of Brookfield Plaza. 2) The grocery is stocked with French products. 3) A cheese display 4) Sweets from France 5) A croque monsieur 6) French macarons

TRANSLATING TASTE A Parisian takes LLNYC on tour of Le District, the ‘French Eataly’

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A Rare Opportunity to Own a NYC Landmark

For further information, please contact The Sroka Worldwide Team:

70 Broad Street

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ocated in Lower Manhattan, a block from the New York Stock Exchange, 70 Broad Street is situated in the heart of the Financial District. The American Bank Note Building at 70 Broad Street is a striking five-story granite landmark built in 1908 by architects Kirby, Petit & Green as the headquarters of the American Bank Note Company, a leading engraving company which produced bank notes, currency and stock certificates. This mixed use building totals approximately 19,000 square feet including a usable lower level. 70 Broad Street received landmark designation in 1997.

575 MADISON AVENUE, NY, NY 10022. 212.891.7000 | © 2015 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. IF YOUR PROPERTY IS CURRENTLY LISTED WITH ANOTHER REAL ESTATE BROKER, PLEASE DISREGARD THIS OFFER. IT IS NOT OUR INTENTION TO SOLICIT THE OFFERINGS OF OTHER REAL ESTATE BROKERS. WE COOPERATE WITH THEM FULLY. EQUAL HOUSING OPPORTUNITY.

TEAM AT DOUGLAS ELLIMAN REAL ESTATE

NEAL SROKA njs@elliman.com 212-319-5843

⟕ᆇᄑ JENNIFER LO jlo@elliman.com 516.376.9212

FINANCIAL DISTRICT

NEIGHBORHOODS

Housing costs

What’s cooking

Running down the numbers

Class is in session

Median sale prices

Median rents

Studio EHG EHGV EHGV ! EHGV

Studio EHG EHGV EHGV ! EHGV

$715,000 $1,284,750 $2,200,000 $4,602,500 $6,552,500

$3,000 $3,895 $5,735 N/A $25,000

Source: Streeteasy; most recent figures available

Fast facts

Riding round and round, designer perfumes and a giant restaurant $5 Price to ride the new Seaglass Carousel in the Battery (formerly known as Battery Park)

178 years

The age of Hermès, which is opening its first-ever parfumerie at Brookfield Place

11,000

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Nabe news

Square footage of a new four-story restaurant at 70 Pine Street, from the owners of the Spotted Pig Sources: Curbed, the Wall Street Journal, The Real Deal

Easy walking

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Pricey digs

Stylish perks in Fidi

Business beat

New place to network PRICE $15,000 per month ADDRESS 20 Pine Street #1902

PRICE $4,999,000 ADDRESS 40 Broad Street #PH4C

TYPE/SIZE Rental; two bedrooms, two baths; 1,546 square feet

MOVE IN The apartment in a 1920s landmarked building comes furnished with Armani Casa pieces.

TYPE/SIZE Condo, three bedrooms, three baths; 2,440 square feet

IN THE CLUB Residents can enjoy the amenities of the building’s Setai Club.

Source: StreetEasy

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A&D BUILDING 150 E 58 NYC New York’s Ultimate Design Resource Walk Right In M-F 9-5

212 644 2766 adbuilding.com

Kitchens Baths Appliance Tile Stone Closets Flooring Carpeting Lighting Furniture A&D Showrooms: Allmilmo USA Alno USA Artistic Tile B&B Italia Bilotta Kitchens Bosch Design Center Brown Jordan

Carlisle Wide Plank Floors Clive Christian NY Cosentino Surfaces* Edward Fields Carpet Makers Eggersmann Kitchens Exquisite Surfaces Fantini USA Ferguson Bath & Kitchen Gallery

Fisher & Paykel | DCS Design Center* Florense Kitchens | Closets Gaggenau Design Studio Hans Krug Fine European Cabinetry Hastings Tile & Bath Holly Hunt NY J | Geiger Shading Technology Lefroy Brooks

Listone Giordano Wood Floors Miele Monogram Design Center Paris Ceramics Poggenpohl Poliform SieMatic Smeg USA

Snaidero USA Kitchens St. Charles of New York Sub-Zero | Wolf Thermador Design Center Varenna by Poliform Wood-Mode | ACK *Coming soon

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1) An interior of a home designed by Mark Zeff 2) Mark Zeff 3) Black Barn built this poolside structure. 4) Homes on Three Sisters Lane in Amagansett by Modern Green Home 5) Plum Builders' La Grange project in East Hampton

A BARN RAISING Builders on East End reinterpret a traditional form in modern style

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jumping on the barn bandwagon, Plum is taking legal ark Zeff spent six months negotiating action to protect exclusive use of the name. to buy a cottage near Gardiners Bay There’s no universally agreed-upon definition in East Hampton before the deal fell for a "modern barn." But it might have a pitched apart in 2013. roof, simple lines and large windows, with concrete So the design firm owner instead or wooden plank floors. Like their namesakes, the bought land near the bay and constructed his dream homes feature open interiors. home. It’s not a typical Hamptons getaway: The barnThe homes’ newfound popularlike exterior is painted black while ity reflects buyers’ frustration with the airy 6,200-square-foot interior the limited options available in the resembles a Tribeca loft with mod“People want something East End. The selection largely ern conveniences. that is updated but isn’t consists of shingled traditional “There are a lot of barns in the homes or enormous McMansions. Hamptons and that was my inspia modern glass box.” “My clients felt like if they’d seen ration,” said Zeff. “The house fits —Jason Schommer, Corcoran one house they had seen them all,” the landscape nicely." said Jason Schommer, a broker at Buyers apparently agree. A Corcoran’s Bridgehampton office who is working with flood of inquiries inspired Zeff to open Black Barn, a a builder to construct and sell a modern barn in Water design and construction firm. The company builds Mill. “People want something that is updated but isn’t speculative homes ranging from $3.8 to $4.5 million. a modern glass box.” Black Barn is one of several companies capitalizing Modern Green president Peter Sabbeth said such on buyers’ fascination with modern barns. homes appeal to both the nostalgic and practical sides ModernGreen Home, a long-time Hamptons builder of buyers. The homes may invoke happy memories of that typically builds modern dwellings, is constructing childhoods spent in the country while accommodating three modern barns and plans to start another three a desire for modern creature comforts. this summer. East Hampton-based Plum Builders Architect Chris Coy said the style is particularly built its first modern barn in 2006 and is currently appropriate in locations such as Sagaponack, known constructing two more for $4.4 million apiece. for its farms. He doesn’t expect the trend to overrun “We started seeing interest in 2006 but then the the Hamptons, noting that modern homes with glass market crashed,” said Mary Giaquinto, chairwoman. curtain walls are still favored by those with beachfront “Now we are really concentrating on modern barns.” property. “People want to look at those views,” said In fact, Plum is attempting to trademark the words &R\ ̦—Theresa Agovino “modern barn.” And with other builders and brokers

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NEIGHBORHOODS

HAMPTONS

Housing stats

Name news

Running down the numbers

Slimming down McMansions

First quarter of 2015 0HGLDQ VDOHV SULFH 1XPEHU RI VDOHV +RPHV IRU VDOH 'D\V RQ PDUNHW

First quarter of 2014 $920,500 541 1,636 191

$YJ VDOHV SULFH 1XPEHU RI VDOHV +RPHV IRU VDOH 'D\V RQ PDUNHW

$880,000 528 1,696 183

Source: Miller Samuel

Fast facts

A perfect bowl of ramen, mourning the loss of Uber and cruising to the Hamptons $16

Price for a bowl of Pork Belly Ramen at Momi Ramen, newly opened on Pantigo Road in East Hampton

1,000+

The number of emails received by town officials protesting Uber being banned from East Hampton

$60

Cost of a round-trip ride on the new high-speed Sea Jitney ferry service, which connects New York City to Southampton Sources: cnbc.com, New York Post

Pricey digs

Stunning summer rentals

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Spinning their wheels

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Celebrity watch

The spoils of divorce PRICE $140,000 ADDRESS 8 Spinnaker Way, Southampton

PRICE $195,000 ADDRESS 52 Davids Lane, East Hampton Source: StreetEasy

TYPE/SIZE Five bedrooms, five+ baths; 5,400 square feet

DELUXE SPREAD Designer home boasts five en suite bathrooms, chef’s kitchen and gunite pool.

TYPE/SIZE Seven bedrooms, seven+ baths; 4,800 square feet

PRIVATE RETREAT Newly renovated home is a short walk from the village and beach.

“Real Housewives of New York� star RAMONA SINGER will get to keep the 7,000-square foot Southampton mansion she shared with her soon-tobe-former husband, Mario, as part of her divorce settlement, the Post reported. She purchased the 1.4-acre home, which has a pool and tennis court, 20 years ago. Mario will keep the couple’s four-bedroom, 2,400-squarefoot Upper East Side condo, but is putting it on the market for $4.95 million, the report said.

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NORTH FORK

NEIGHBORHOODS

Housing stats

Beach reads

Running down the numbers

Cultures clash in “Orient”

First quarter of 2015 Median sales price Number of sales Homes for sale Days on market

First quarter of 2014 $465,000 134 494 153

Avg. sales price Number of sales Homes for sale Days on market

$436,000 109 597 163

Source: Miller Samuel

Fast facts

A hefty stove, paying cash on the North Fork and an impossibly tiny school 7,000

Weight in pounds of the pizza oven imported from Naples, Italy at the new PeraBell Food Bar East in Riverhead

25%

Percentage of sales on the North Fork that are cash deals, compared to 75 percent in the Hamptons

2

Sources: northforker.com, hamptons.com, wsj.com

Pricey digs

Getting away to the North Fork

ADDRESS 5250 Vanston Road, Cutchogue

TYPE/SIZE Eight bedrooms, five+ baths

ysterious events are underway in “Orient,” Christopher Bollen’s stylish new thriller set in the North Fork enclave where working class village life is being shaken up by wealthy, artistic newcomers, not to mention a string of murders and a strange animal corpse found on the beach. A stranger in town, who is quickly enveloped in a cloud of suspicion, teams up with an Orient native to clear his name and find the real killer.

Food

Total number of sudents in the sixth grade graduating class at New Suffolk Common School, an actual little red schoolhouse that has 17 students total

PRICE $12,400,000

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DOCK IT This 1920s estate has 1,000 feet of beach frontage and a boat basin on the bay.

One bite makes you bigger

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he East End Mushroom Company, the largest ’shroom grower on Long Island and supplier to the area’s high-end restaurants and farm stands, recently opened a new state-ofthe-art indoor growing facility on Cox Lane in Cutchogue and launched retail sales for the first time, according to northforker.com. Mushrooms such as shiitake, blue oyster, king oyster and cremini are grown hydroponically, so there is no dirt to deal with. Open to the public from 10 am to 2 pm, Thursday through Saturday.

Arts

Hitting opera high notes

Cristina Fontanelli

PRICE $2,950,000 ADDRESS 2704 Long Creek Drive, Southold

TYPE/SIZE Four bedrooms, two+ baths; 3,500 square feet

Source: StreetEasy

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he 25th annual Opera of the Hamptons returns to Duck Walk Vineyard North, 4435 Main Road in Southold on Saturday July 18 at 7 pm for an evening with award-winning singer Cristina Fontanelli and guest artists. The event takes place in Duck Walk Vineyard’s tasting room and commemorates Duck Walk and Pindar vineyards founder Dr. Herodotus “Dan” Damianos who passed away last year. Tickets are on sale at Brown Paper Tickets for $47-$57 and at the door for $59.

A professional organizing company specializing in managing estates & preparing NY-Metro real estate for resale.

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917-426-7942

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U.S. Real Estate Showcase & Forum SHANGHAI Shangri-La

S E P T E M B E R 1 0 – 1 2, 2 0 1 5 Join The Real Deal in Shanghai to meet more than 6,000 real estate investors and professionals hungry for access to the U.S. market. The event will feature panels and workshops as well as a showcase of residential and commercial developments.

Our featured panelists include:

ELIOT SPITZER

Spitzer Enterprises

FREDRIK EKLUND Douglas Elliman

ANDREW HEIBERGER Town Residential

STEVE WITKOFF

The Witkoff Group

NICHOLAS MASTROIANNI II U.S. Immigration Fund

MIKI NAFTALI Naftali Group

For more info and sponsorship opportunites: China@TheRealDeal.com | 212.254.7400

NIKKI FIELD

Sotheby’s International

LISTINGS

Hamptons

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3RWDWR 5RDG LQ 6DJDSRQDFN

$16,995,000

House (4,000 sf): 4 beds, 4.5 baths | Amenities: Deck, Swimming Pool, Patio, Hot Tub This oceanfront retreat, sitting high on a dune in Sagaponack, is the quintessential beach house. The open floor plan is chic and sophisticated and the home was designed by architect Karen Jacobson with walls of glass in the main rooms, maximizing views of the Atlantic. Each of the home’s 4 bedrooms has a private bath. /LVWHG DW %URZQ +DUULV 6WHYHQV E\ 0DU\ $QQ &LQHOOL PFLQHOOL#EKVKDPSWRQV FRP

+DOVH\ 1HFN /DQH LQ 6RXWKDPSWRQ

$18,500,000

House (11,560 sf): 7 beds, 12+ baths | Amenities: Swimming Pool, South of Highway, Tennis, Fireplace | RE Taxes: $5,943 This gated Southampton estate is situated on over two acres with close proximity to ocean beaches. The home features 11,560 square feet of living space and a gracious floor plan with a large first floor master bedroom complete with dressing rooms and his-and-her baths, along with 5 additional en suite bedrooms, 1 guest apartment and 2 staff suites. /LVWHG DW 'RXJODV (OOLPDQ E\ (ULFD *URVVPDQ HULFD JURVVPDQ#HOOLPDQ FRP

74̧̌/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW

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)O\LQJ 3RLQW 5RDG LQ :DWHU 0LOO

$17,985,000

House (3,500 sf): 5 beds, 5 baths | Amenities: Swimming Pool Panoramic walls of glass frame Mecox Bay and Atlantic Ocean views at this modern beach house. This home was conceived and created by a team that included architect Fred Stelle, world-renowned designer Jacques Grange and first-class builders Men at Work. /LVWHG DW &RUFRUDQ E\ 7LP 'DYLV WJGDYLV#FRUFRUDQ FRP

+DOVH\ /DQH LQ :DWHU 0LOO

$24,950,000

House (12,000 sf): 7 beds, 8+ baths | Amenities: Swimming Pool, South of Highway A 3-acre estate, anchored by a fully furnished, James Michael Howard-designed residence, overlooks Water Mill’s bucolic farms and the broad waters of Mecox Bay. Make an entrance in the grand foyer with inlaid marble-patterned floors. Sun-drenched by day, the 2-story great room can be the focal point for entertaining at night with a custom Scagliola fireplace. /LVWHG DW &RUFRUDQ E\ *DU\ 'H3HUVLD JGS#FRUFRUDQ FRP

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/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW ̧̌75

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Hamptons

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'XQH 5RDG LQ 4XRJXH

$24,950,000

House (13,000 sf): 9 beds, 12+ baths | Amenities: Swimming Pool, Tennis This home captures the best of oceanfront living on Quogue’s coveted Dune Road. Built in a traditional style on 3.25 acres, the residence has come to market for the very first time. Custom built in 2010 for exacting owners, the sprawling seaside residence has been professionally decorated by Robert Markham and designed for seamless entertaining. /LVWHG DW &RUFRUDQ E\ *DU\ 'H3HUVLD JGS#FRUFRUDQ FRP

*LQ /DQH LQ 6RXWKDPSWRQ 9LOODJH

$24,995,000

House (9,400 sf): 8 beds, 9+ baths | Amenities: Central Air Conditioning, Heated Pool Part of an exclusive enclave of homes built by Jay Bialsky, this residence is located in the Southampton Estate section. Features include screened porches, several fireplaces and a gourmet kitchen. A serene rear garden has a detached pool house with gym and spa and oversized custom pool. This home affords the owner a rare opportunity to venture to the beach on their own deeded ocean access. /LVWHG DW %HVSRNH 5HDO (VWDWH E\ =DFKDU\ 9LFKLQVN\ ]DFKDU\#EHVSRNHUHDOHVWDWH FRP

76̧̌/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW

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EHGURRP KRXVH LQ %ULGJHKDPSWRQ

$28,500,000

House (7,000 sf): 6 beds, 6.5 baths | Amenities: Fireplace, Gunite Pool, South of Highway, Tennis, Swimming Pool This residence is one of the largest compounds in all of the Hamptons and is prominently situated on one of the most desirable streets in Bridgehampton. The compound boasts 17.5 acres and the home is nestled between the sunken tennis court, gardens, club house and pool pavilion. /LVWHG DW %HVSRNH 5HDO (VWDWH E\ =DFKDU\ 9LFKLQVN\ ]DFKDU\#EHVSRNHUHDOHVWDWH FRP

&REE 5RDG LQ :DWHU 0LOO

$32,900,000

House (10,000 sf): 12 beds, 10+ baths | Amenities: Fireplace, Garage Parking, Patio This property boasts 500 feet of bay frontage and a dock on Mecox Bay. The estate is approached by a gravel drive to a four-story windmill that stands between its two private entry gates. Wide manicured lawns with mature trees lead to the primary, 7-bedroom Georgian-style 1900s residence. /LVWHG DW 6RWKHE\ĚľV ,QWHUQDWLRQDO 5HDOW\ E\ +DUDOG *UDQW KDUDOG JUDQW#VRWKHE\VKRPHV FRP

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77

LISTINGS

Hamptons

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Properties

$45,000,000

2[ 3DVWXUH 5RDG LQ 6RXWKDPSWRQ 9LOODJH House (18,000 sf): 12 beds, 12+ baths | Amenities: Fireplace, Garage Parking, South of Highway, Tennis, Swimming Pool | RE Taxes: $8,580

This traditional home is located on 10 acres with top-of-the-line amenities, including an indoor pool and heated outdoor pool, grass tennis court, outdoor living space and a 4-car garage. The home boasts a state-of-the-art kitchen and a home gymnasium. The estate was originally built in 1915 and recently underwent a major renovation to restore its original grandeur. /LVWHG DW 'RXJODV (OOLPDQ E\ 0LFKDHOD .HV]OHU PLFKDHOD NHV]OHU#HOOLPDQ FRP

*LQ /DQH LQ 6RXWKDPSWRQ 9LOODJH

$50,000,000

House (7,300 sf): 12 beds, 9 baths | Amenities: South of Highway This oceanfront estate parcel on 4 acres is available for the first time in over 55 years, and includes an exclusive offering of a modest guest house and carriage house on coveted Gin Lane. Featuring protected frontage and away from public access, this site is suited for development and affords room for a 15,000-square-foot main house, guest house, pool and tennis court. /LVWHG E\ 7LP 'DYLV WJGDYLV#FRUFRUDQ FRP

78̧̌/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW

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WK $YHQXH LQ &KHOVHD

$2,950,000

5HFWRU 3ODFH LQ %DWWHU\ 3DUN &LW\

$3,950,000

Condo (1,470 sf): 4 rooms, 2 beds, 2 baths | Amenities: Attended Lobby, Pet Friendly, Fitness Room | Maintenance: $2,380 | RE Taxes: $529

Condo: 9 rooms, 4 beds, 4 baths | Amenities: Attended Lobby, Garage Pet Friendly, Fitness Room | Common Charges: $4,665 | RE Taxes: $4,990

This is a sun-flooded condo with magnificent south-, west- and east-facing Ipe wood-decked terraces, measuring 1,180 square feet. /LVWHG DW 6WULEOLQJ E\ 0DUF\ *UDX PJUDX#VWULEOLQJ FRP

Soaring high over the Hudson, this sprawling combined apartment offers breathtaking river and harbor views. /LVWHG DW 6WULEOLQJ E\ 7DQQHU *DUODQG WJDUODQG#VWULEOLQJ FRP

:HVW QG 6WUHHW LQ &KHOVHD

$4,995,000

Condo: (2,579 sf): 6 rooms, 3 beds, 3 baths | Amenities: Pet Friendly, Outdoor Space | Maintenance: $1,913 | RE Taxes: $2,454 Enjoy the 1,035-square-foot, fully planted south-facing terrace constructed of Ipe wood, with a gas grill, slate bar, cedar trellises, pergola, exterior speakers and hot tub for 6. Inside is a massive loft that features solid maple floors, walls of glass facing both the terrace and a gourmet kitchen. Built-ins, wood HVAC covers, custom sound and lighting systems add to the elegance of this space. /LVWHG DW 6WULEOLQJ E\ -HIIUH\ / 6WRFNZHOO MVWRFNZHOO#VWULEOLQJ FRP

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/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW ̧̌79

LISTINGS

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(DVW WK 6WUHHW RQ WKH 8SSHU (DVW 6LGH

$3,300,000

)LIWK $YHQXH RQ WKH 8SSHU (DVW 6LGH

$7,950,000

Co-op: 8 rooms, 2 beds, 2 baths | Amenities: Attended Lobby, Prewar, Pet Friendly Common Charges: $4,807

Co-op: 9 rooms, 3 beds, 3 baths | Amenities: Prewar, Attended Lobby, Pet Friendly Common Charges: $13,460

Featured in House & Garden, this 8 room co-op faces south to townhouses, open skies and the lovely facade of Saint Vincent Ferrer Church. /LVWHG DW 6WULEOLQJ E\ .LUN +HQFNHOV NKHQFNHOV#VWULEOLQJ FRP

This graceful prewar duplex has park views, elegant details, separation between public and private space and desirable flow for entertaining. /LVWHG DW 6WULEOLQJ E\ 6KHUORFN +DFNOH\ -U VKDFNOH\#VWULEOLQJ FRP

:\FNRII 6WUHHW LQ %RHUXP +LOO

$6,900,000

Single Family (6,000 sf): 10 rooms, 4 beds, 3.5 baths | Amenities: Garage, Chef’s Kitchen, Private Terrace | RE Taxes: $16,817 This architecturally significant home sits on a tree-lined block nestled between Boerum Hill and Cobble Hill, two of Brooklyn’s most vibrant historic neighborhoods. Sculpted from raw warehouse space, this residence has been designed to provide loads of amenities for gracious urban living. Combining the privacy of a single-family home and the aesthetic of loft living, this sprawling residence is flooded with light from a grand central atrium above a dramatic sculptural steel staircase, as well as an elevated skylight on the first floor extension. /LVWHG DW 6WULEOLQJ E\ 0DU\ (OOHQ &DVKPDQ PFDVKPDQ#VWULEOLQJ FRP

80̧̌/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW

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$15,500,000

&HQWUDO 3DUN 6RXWK $SW LQ 0LGWRZQ Condo (3,068 sf): 7 rooms, 3 beds, 3.5 baths | Amenities: Concierge, Doorman, Elevator | Common Charges: $3,951 | RE Taxes: $4,233

This distinguished and spacious home at the exclusive Plaza Hotel Residences offers 3 exposures with classic Central Park and New York City views. This corner home features approximately 12 foot ceilings and includes a grand living room in one of the architecturally significant Plaza turrets. /LVWHG DW &RUFRUDQ E\ &KDUOLH $WWLDV FKDUOLH DWWLDV#FRUFRUDQ FRP

$15,900,000

&HQWUDO 3DUN 6RXWK $SW LQ 0LGWRZQ Condo (2,656 sf): 5 rooms, 3 beds, 3.5 baths | Amenities: Concierge, Doorman, Elevator, Garden | Common Charges: $3,426 | RE Taxes: $3,664

At the iconic and exclusive Plaza Hotel Residences, this is one of this legendary building’s most sought-after corner apartments, which has just come to the market offering views of Central Park, 11-foot ceilings and a grand-scale living room/dining room. /LVWHG DW &RUFRUDQ E\ &KDUOLH $WWLDV FKDUOLH DWWLDV#FRUFRUDQ FRP

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/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW ̧̌81

LISTINGS

NYC’s

Premier

Properties

:HVW WK 6WUHHW $ LQ &KHOVHD

$1,695,000

&HQWUDO 3DUN :HVW ' RQ WKH 8SSHU :HVW 6LGH

$1,989,000

Condo (810 sf): 3 rooms, 1 bed, 1 bath | Amenities: Courtyard, Garden, Fitness Room Common Charges: $990 | RE Taxes: $1,084

Condo (1,637 sf): 6 rooms, 3 beds, 2 baths | Amenities: Bike Room, Rooftop Deck, Private Storage | Common Charges: $1,333 | RE Taxes: $750

A brick and ivy garden is the centerpiece of the building’s amenities. A bright and airy gym opens to the garden on one side and a lounge with fireplace is adjacent to the garden. /LVWHG DW 6WULEOLQJ E\ 6XVDQ :LUHV VZLUHV#VWULEOLQJ FRP

This is one of the few condominium buildings possessing a coveted Central Park West address /LVWHG DW 1HVW 6HHNHUV ,QWHUQDWLRQDO E\ +HQU\ 1RYRD KHQU\#QHVWVHHNHUV FRP

(DVW WK 6WUHHW , LQ WKH (DVW 9LOODJH

$1,995,000

Condo (1,103 sf): 3 rooms, 1 bed, 1.5 baths | Amenities: Bike Room, Fitness Room, Lounge | Common Charges: $1,193 | RE Taxes: $1,670 This oversized 1-bedroom-plus has a windowed home office in a brand-new development, the Jefferson, which is conveniently located on a quiet tree-lined block minutes from Union Square. This sleek yet warm home is designed to maximize natural light. /LVWHG DW &25( E\ +HQU\ +HUVKNRZLW] KHQU\#FRUHQ\F FRP

82̧̌/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW

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Properties

$2,050,000

:HVW WK 6WUHHW LQ &KHOVHD Condo (1,283 sf): 4 rooms, 1 bed, 2 baths | Amenities: Rooftop Deck, Private Storage | Common Charges: $856 | RE Taxes: $1,238

The Catherine is a brand-new townhouse condominium located on a tree-lined street in the heart of Chelsea. Accessible by keyed elevator, this spacious and bright residence boasts White Norwegian Oak floors, oversized windows, crown moldings and a gas burning fireplace with a custom mantle. The master bedroom has grand proportions and includes a walk-in closet and an en suite marble-tiled bath with Omnia fixtures, deep soaking tub, and radiant floor heat. /LVWHG DW 'RXJODV (OOLPDQ E\ 0LFKDHO *UDYHV PJUDYHV#HOOLPDQ FRP

:HVW WK 6WUHHW & LQ &KHOVHD

$2,140,000

(DVW WK 6WUHHW , LQ WKH (DVW 9LOODJH

$2,200,000

Condo (1,050 sf): 2 rooms, 1 bed, 1.5 baths | Amenities: Bike Room, Fitness Room, Laundry Room | Common Charges: $1,771 | RE Taxes: $958

Condo (1,103 sf): 3 rooms, 2 beds, 2 baths | Amenities: Bike Room, Fitness Room, Lounge | Common Charges: $1,211 | RE Taxes: $880

The two towers of 505 West 19th Street, designed by the renowned Thomas Juul-Hansen, embrace the High Line while maintaining privacy for residents. /LVWHG DW &RUFRUDQ 6XQVKLQH 0DUNHWLQJ *URXS E\ :HVW WK 6DOHV &HQWHU LQIR# Z FRP

This spacious converted condominium is conveniently located on a quiet tree-lined village street just one block from Union Square /LVWHG DW &25( E\ +HQU\ +HUVKNRZLW] KHQU\#FRUHQ\F FRP

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/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW

83

LISTINGS

NYC’s

Premier

Properties

$3,000,000

:HVW WK 6WUHHW ' LQ &KHOVHD Condo (1,286 sf): 4 rooms, 2 beds, 2 baths | Amenities: Bike Room, Courtyard, Fitness Room | Common Charges: $1,100

This unique apartment soars 14 stories with open views of an iconic Downtown cityscape. Residents enter a serene double-height lobby where they are greeted by a full staff including a dedicated valet that can help with picking up the dry cleaning and arranging dog walkers. /LVWHG DW 'RXJODV (OOLPDQ E\ 7ULVKD 5LHGHO WULVK ULHGHO#HOOLPDQ FRP

:DVKLQJWRQ 6WUHHW % LQ WKH )LQDQFLDO 'LVWULFW

$3,095,000

(DVW QG 6WUHHW % LQ WKH )ODWLURQ 'LVWULFW

$4,575,000

Condo (1,175 sf): 5 rooms, 2 beds, 2 baths | Amenities: Spa Services, Fitness Room, Sauna | Common Charges: $1,729 | RE Taxes: $388

Condo (1,560 sf): 3 rooms, 1 bed, 2 baths | Amenities: Fitness Room, Pool, Steam Room | Common Charges: $2,775 | RE Taxes: $668

The W residence is designed by Gwathmey Siegel Architects. Residents have access to Bliss Spa and the whatever/whenever 24-hour concierge service. /LVWHG DW WKH &RUFRUDQ *URXS E\ 7DUD .LQJ %URZQ WDUDNLQJEURZQ#FRUFRUDQ FRP

Draw in breathtaking views of Madison Square Park and the Empire State Building from this rarely available residence at the renowned One Madison /LVWHG DW 7RZQ 5HVLGHQWLDO E\ *LQD *HH JJHH#WRZQUHDOHVWDWH FRP

84̧̌/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW

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Properties

6HYHQWK $YHQXH , LQ &KHOVHD

$4,750,000

3DUN $YHQXH ' RQ WKH 8SSHU (DVW 6LGH

$4,795,000

Condo (2,202 sf): 6 rooms, 3 beds, 3 baths | Amenities: Bike Room, Garage, Courtyard Common Charges: $1,429 | RE Taxes: $2,245

Co-op (1,405 sf): 7 rooms, 3 beds, 2.5 baths | Amenities: Laundry, Private Storage | Maintenance: $4,253

This lofty apartment is in one of the most sought-after lines in the Chelsea Mercantile, with a large entry foyer, high ceilings and oversized windows. /LVWHG DW 6WULEOLQJ E\ 0DUF\ *UDX PJUDX#VWULEOLQJ FRP

Sitting high atop Park Avenue, this classic 8 into 7-room apartment retains the original details and scale that make prewar construction so desirable /LVWHG DW &RUFRUDQ E\ ,OHDQD /RSH] %DOERD LOE#FRUFRUDQ FRP

$4,900,000

&HQWUDO 3DUN 6RXWK LQ 0LGWRZQ Condo (1,212 sf): 3 rooms, 1 bed, 1.5 baths | Amenities: Courtyard, Spa Services, Fitness Room | Common Charges: $1,585 | RE Taxes: $1,628

Experience direct Central Park views in this New York City pied-a-terre at the historic Plaza Residences. This gracious home is flooded with natural sunlight and offers park views from every room. The entrance foyer leads to a great room with beautiful herringbone floors and inlaid borders. /LVWHG DW 'RXJODV (OOLPDQ E\ /DYLQD 6KDPGDVDQL ODYLQD VKDPGDVDQL#HOOLPDQ FRP

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/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW

85

LISTINGS

NYC’s

Premier

Properties

(DVW WK 6WUHHW % RQ WKH 8SSHU (DVW 6LGH

$4,995,000

&HQWUDO 3DUN :HVW & RQ WKH 8SSHU :HVW 6LGH

$5,145,000

Condo (2,006 sf): 7 rooms, 3 beds, 3 baths | Amenities: Fitness Room, Laundry Room, Nursery | Common Charges: $2,529 | RE Taxes: $2,232

Co-op (1,800 sf): 6 rooms, 2 beds, 2.5 baths | Amenities: Bike Room, Laundry Room, Private Storage For Fee | Maintenance: $4,480

This sun-filled prewar condominium is distinguished by a versatile and gracious layout. Original details compliment the mint condition renovation. /LVWHG DW 6RWKHE\ V E\ 6HUHQD %RDUGPDQ 6HUHQD %RDUGPDQ#VRWKHE\VKRPHV FRP

This mint renovated home is in a building designed by Emory Roth and features a large foyer, gracious living room, top of the line kitchen and formal dining room. /LVWHG DW &RUFRUDQ E\ &DURO *DW FOJ#FRUFRUDQ FRP

:HVW WK 6WUHHW LQ &KHOVHD

$5,200,000

&HQWUDO 3DUN :HVW ( RQ WKH 8SSHU :HVW 6LGH

$5,350,000

Condo (1,637 sf): 4 rooms, 2 beds, 2.5 baths | Amenities: Lounge, Garage, Roof Deck Common Charges: $1,750 | RE Taxes: $752

Co-op (1,400 sf): 5 rooms, 3 beds, 2 baths | Amenities: Bike Room, Courtyard, Garden RE Taxes: $3,511

This home is located in the Caledonia, one of Chelsea’s most sought-after buildings. Residence 1909 is a large corner apartment on a high floor with stunning city and river views. /LVWHG DW 7RZQ 5HVLGHQWLDO E\ /DQFH 1JX\HQ OQJX\HQ#WRZQUHDOHVWDWH FRP

The apartment is in triple mint condition and offers 3 exposures including sweeping views of Central Park from the oversized master bedroom as well as the bathroom. /LVWHG DW 6RWKHE\ V E\ 9DOHULH 6KHUPDQ 9DOHULH 6KHUPDQ#VRWKHE\VKRPHV FRP

86̧̌/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW

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NYC’s

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Properties

$6,250,000

&HQWUDO 3DUN 6RXWK % LQ 0LGWRZQ Condop (2,391 sf): 6 rooms, 3 beds, 3.5 baths | Amenities: Health Club, Laundry Room, Valet | RE Taxes: $7,437

Spectacular direct Central Park views come with this mint-condition apartment. There are hardwood floors throughout, top-of-the-line appliances and fixtures. This prewar building was built in 1927 by architect J.E.R. Carpenter. In 2005 the building was converted and completely gut renovated by Costas Kondylis. /LVWHG DW 'RXJODV (OOLPDQ E\ -DVRQ 6WRMNRYLF MVWRMNRYLF#HOOLPDQ FRP

&HQWUDO 3DUN :HVW / RQ WKH 8SSHU :HVW 6LGH

$6,800,000

8QLWHG 1DWLRQV 3OD]D '( LQ 0LGWRZQ

$7,500,000

Condo (1,332 sf): 5.5 rooms, 2 beds, 2 baths | Amenities: Garage, Courtyard, Gym Common Charges: $2,378 | RE Taxes: $1,281

Co-op (5,500 sf): 8 rooms, 2 beds, 3.5 baths | Amenities: Bike Room, Fitness Center, Garage | Maintenance: $11,700

This is a bright apartment with western exposures in the Tower at 15 Central Park West. This spacious unit features an open chef’s kitchen with topof-the-line appliances. /LVWHG DW 0HUFHGHV %HUN 3ULYDWH 5HDO (VWDWH E\ 1RHO %HUN QRHO#PHUFHGHVEHUN FRP

Formerly a 5-bedroom, this grand residence has been converted to a 2-bedroom boasting unobstructed views. The home, published in Architectural Digest, has custom burl walnut doors. /LVWHG DW &RUFRUDQ E\ 1REOH %ODFN QEODFN#FRUFRUDQ FRP

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/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW

87

LISTINGS

NYC’s

Premier

Properties

:HVW WK 6WUHHW ( LQ &KHOVHD

$7,600,000

)LIWK $YHQXH & RQ WKH 8SSHU (DVW 6LGH

$8,000,000

Condo (1,735 sf): 4 rooms, 2 beds, 2 baths | Amenities: Bike Room, Fitness Room, Sauna | Common Charges: $1,631 | RE Taxes: $999

Co-op (3,200 sf): 9 rooms, 3 beds, 3 baths | Amenities: Concierge, Private Storage RE Taxes: $3,652

This ultra-cool loft is in Chelsea’s most notable deco building, Walker Tower, and offers soaring ceilings, floor-to-ceiling windows and views of the Empire State Building. /LVWHG DW 'RXJODV (OOLPDQ E\ 9LFNH\ %DUURQ YEDUURQ#HOOLPDQ FRP

The home is located in one of Fifth’s premier prewar co-ops with stunning Central Park views. Enter through the gracious foyer to a regal living room /LVWHG DW &RUFRUDQ E\ 7KRPDV 'L'RPHQLFR WGG#FRUFRUDQ FRP

WK $YHQXH 3+ LQ &KHOVHD

$8,350,000

3DUN $YHQXH RQ WKH 8SSHU (DVW 6LGH

$9,950,000

Condo (2,505 sf): 6 rooms, 2 beds, 2.5 baths | Amenities: Private Storage | Common Charges: $3,582 | RE Taxes: $3,084

Condo (3,228 sf): 7 rooms, 4 beds, 3.5 baths | Amenities: Fitness Room, Laundry Room, Private Storage | Common Charges: $6,500 | RE Taxes: $2,813

This impeccably designed full-floor residence, featured in NYC Cottages & Gardens, has been customized with a 1,500-square-foot private entertaining terrace. /LVWHG DW &RUFRUDQ E\ *UHJ 6WHSKHQ JUHJ VWHSKHQ#FRUFRUDQ FRP

Enter via direct elevator access and be greeted by dramatic floor-to-ceiling windows overlooking Park Avenue from the spacious corner living room. /LVWHG DW 5/7< 1<& E\ $OEHUW %HQDOORXO DOEHUW#UOW\Q\F FRP

88̧̌/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW

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LISTINGS

NYC’s

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Properties

$11,750,000

:HVW WK 6WUHHW 3+ + LQ &KHOVHD Condo (2,857 sf): 6 rooms, 3 beds, 3.5 baths | Amenities: Bike Room, Garden, Private Storage | Common Charges: $5,353 | RE Taxes: $1,333

Located in one of Downtown Manhattan’s most sought-after residential locations, this West Chelsea penthouse occupies the northwest corner of the 8th and 9th floors in architect Cary Tamarkin’s 456 West 19th Street. With soaring casement windows inspired by the artist ateliers of the 1920s, this penthouse integrates modernity and warmth. /LVWHG DW 'RXJODV (OOLPDQ E\ 6RSKLH 3 5DYHW VRSKLH UDYHW#HOOLPDQ FRP

$12,975,000

%HHNPDQ 3ODFH LQ 0LGWRZQ Condo (3,742 sf): 8 rooms, 4 beds, 4.5 baths | Amenities: Walk-in Closet, Courtyard, Fitness Room | Common Charges: $6,208 | RE Taxes: $5,129

This fully renovated property represents an opportunity to buy into one of Manhattan’s most exclusive blocks and own a spacious house with private outdoor space that is rare in Manhattan. The property’s main attraction, the private, sizable, triplex outdoor space, overlooks the East River. From the balcony, take in the Queens shoreline, the iconic Pepsi Cola sign, Roosevelt Island and 59th Street Bridge. /LVWHG DW 7RZQ 5HVLGHQWLDO E\ =DFK %RUHQ ]ERUHQ#WRZQUHDOHVWDWH FRP

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/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW

89

LISTINGS

NYC’s

Premier

Properties

3DUN $YHQXH 3+ * RQ WKH 8SSHU (DVW 6LGH

$24,950,000

Co-op (5,100 sf): 11 rooms, 5 beds, 6 baths | Amenities: Library, Courtyard, Fitness Room | RE Taxes: $7,689 This home in the sky offers elegant indoor and outdoor entertaining spaces and is situated atop one of Park Avenue's most prestigious white glove coops. A private elevator landing leads to an entrance gallery with a 24-foot domed ceiling above a sweeping marble staircase surrounded by windows. All major rooms flow off this gallery. The baronial, south-facing living room has open city views and a wood burning fireplace with a limestone mantel. /LVWHG DW 'RXJODV (OOLPDQ E\ 'DQLHOD .XQHQ GNXQHQ#HOOLPDQ FRP

:HVW 6WUHHW 3+ LQ %DWWHU\ 3DUN &LW\

$75,000,000

Condo (11,100 sf): 19 rooms, 8 beds, 10.5 baths | Amenities: Garage, Courtyard, Garden | Common Charges: $14,633 | RE Taxes: $18,248 This is an opportunity to create a masterpiece duplex penthouse with sweeping 360 degree views of New York's most important landmarks at The Residences at the Ritz Carlton. This offering includes an approximately 7,500-square-foot, 5-bedroom penthouse and an approximately 3,600-square-foot, 3-bedroom penthouse to create a trophy home. /LVWHG DW 'ROO\ /HQ] 5HDO (VWDWH E\ 'ROO\ /HQ] GOHQ]#GROO\OHQ] FRP

90̧̌/X[XU\ /LVWLQJV 1<&̧̌-XO\ $XJXVW

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Ralph Walker’s

425 W 50 ST, New York, NY

80% sold Immediate occupancy Exclusive Marketing and Sales by Douglas Elliman Development Marketing Vickey Barron & Michael Graves: 212.265.4250

Stellatower.com

The complete offering terms are in an offering plan available from the sponsor. File No.CD13-0205. Sponsor: 435 West 50 Property Owner L.P. 5 East 17th Street, New York, NY 10003. Equal Housing Opportunity.

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