A single-family townhouse in affluent Sutton Place has hit the market for $16 million. The home, located at 4 Sutton Square, was built in 1921 for Henry Sprague, the inventor of the Sprague gas meter. Beauty entrepreneur Florence M. Lewis, better known professionally as Elizabeth Arden, and Michael Jeffries, president of Abercrombie & Fitch, have also called the exclusive, five-story pad home. Last year, the 4,000-square-foot, four bedroom home was on the market for $19.95 million.
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New rendering of the entrance to 430 East 58th Street, also known as Sutton 58. Photo: Thomas Juul-Hansen
In what they’re calling an “unprecedented citizens’ application,” the East River 50s Alliance, a Sutton Place/Midtown community group, has mounted a renewed campaign to oppose an 800-foot tall condo tower that’s rising at 430 East 58th Street, the Wall Street Journal reports. As 6sqft previously reported, the developers of the new tower, Gamma Real Estate, closed on the $86 million site earlier this year in a bankruptcy sale and hired Danish-born architect Thomas Juul-Hansen to design the new skyscraper. The group has filed an application for a zoning change that calls for a ban on tall towers in a 10-square-block area; developers regularly file for zoning changes that cover only the property they’re looking to build on.
New York City’s classic pre-war co-ops are in an elegant class by themselves, with beamed high ceilings, big casement windows, entry halls and galleries, maid’s rooms and gracious spaces in general. The more interesting among them tend to be those in which the customized luxury of their longtime residents has been preserved. Such is case with this spacious duplex at 322 East 57th Street in Sutton Place (where you’ll find a lot of preserved customized luxury). The listing describes the three-bedroom deco-era co-op, listed for $5.195 million, as “exquisite, dramatic and unique.” Designed in 1933 by renowned architect Joseph Urban, the 3,300 square-foot apartment was for 40 years the home of the late Senator Jacob Javits and his wife, Marian, who died earlier this year. And while it’s likely that there are many updates to be made, there are also many surprising details that have returned with today’s trends.
This $8.5 million townhouse at 19 Sutton Place boasts an interesting backstory dating to the 1920s. The home–like most others in the area–was built as an unassuming brownstone in the late 1800s. In 1920, the wealthy literary agent Elisabeth Marbury, with her partner Elsie de Wolfe, a well-known decorator, moved to the block and hired an architect to transform a nearby townhouse into a neo-Georgian townhouse. Millionaires followed suit, moving in and redesigning the homes of Sutton Place. At 19 Sutton, banker B. Stafford Mantz transformed the brownstone into a “provincial Louis XVI townhouse of grey and brown brick” according to Daytonian in Manhattan. And today, the interior boasts elegant spaces with high ceilings, five wood-burning fireplaces, and its own elevator.
The original rendering of 3 Sutton Place by Foster + Partners
Following a contentious legal battle, Gamma Real Estate has won the foreclosure auction and closed on the $86 million acquisition of 3 Sutton Place, a development site where the firm plans on building a 700-foot-tall condominium tower. As Commercial Observer learned, this includes three neighboring lots at 428-432 East 58th Street between First Avenue and Sutton Place. Earlier this year, 6sqft explained that a bankruptcy judge authorized the sale of the property after Joseph Beninati’s Bauhouse Group failed to pay back creditors. While Stephen B Jacobs remains the executive architect, Gamma has hired Thomas Juul-Hansen, a Danish-born architect, who will design the skyscraper.
The exclusive neighborhood of Sutton Place has been described as a “riverside enclave for the well-to-do,” and Sutton Square, which sits at the end of 58th Street and offers its residents an expansive shared garden perhaps best embodies this exclusivity. It makes sense then that Aristotle Onassis and his first wife Tina once lived in this magnificent townhouse at 16 Sutton Square; John Whitehead later lived in the same home for the last 26 years of his life. The 12-room house, now on the market for $29,950,000, also has a private backyard, as well as a terrace perfect for boat watching and a spectacular glass, circular staircase that “virtually cantilevers over the river.”
Marilyn Monroe and Arthur Miller were neighbors, but this $5M Sutton Place condo is glamorous on its own, Tue, March 14, 2017
Celebrity connections get our attention, especially when the celebrities are as fascinating as Marilyn Monroe and husband Arthur Miller, who shared an elevator landing with this beautifully renovated apartment at 444 East 57th Street. As 6sft previously wrote, the pair’s Sutton Place penthouse, on the market last June for $6.75M, “was home to a star-studded list of 20th century residents, topped by the tempestuous Monroe and Miller when the latter was writing “The Misfits” (1961), the last play in which the troubled star would appear,” and of terraces that “witnessed glittering parties that drew luminaries of the day from Cary Grant to the Duke and Duchess of Windsor.” The elegance that brought them to this legendary 1927 white glove building is very much in evidence in this four-bedroom home spanning nearly 3,000 square feet.
Actress Emmy Rossum’s perfectly outfitted pied à terre has a new owner. LLNYC reports that a buyer has just scooped up the “Shameless” star’s one-bedroom charmer at 455 East 57th Street for $1.1 million.
Rossum quietly listed the home last November, just a month after she invited Elle Decor over to photograph the space. The full spread shares Rossum’s journey of turning the “pied-à-teardown” into an elegant escape with the help of Brooklyn interior designer Antonino Buzzetta. According to Elle, Rossum asked Buzzetta for something “chic, European, the look of a modern girl who has inherited her grandmother’s stuff.” “I wanted it to have a young energy, but with old-fashioned touches,” she said.
When Gamma Real Estate’s $98 million bid won the debt-beleaguered site at 3 Sutton Place just a couple weeks ago at a bankruptcy auction, 6sqft noted that the firm could either re-sell, bring the original plan for a 900-foot condo tower by starchitect Norman Foster to fruition, take on a joint-venture partner, or move forward with a plan of its own. The Real Deal now tells us that Gamma filed plans with the Department of Buildings for an 844-foot, 67-story tower with 389 apartments. However, he says this is to “safeguard the property” while the firms weighs all the aforementioned options.
The debt-beleagured Sutton Place site that included plans for a 900-foot-tall luxury condo from starchitect Norman Foster has finally had its day at the auction, and the winning bidder was N. Richard Kalikow’s Gamma Real Estate, according to The Real Deal. A bankruptcy judge authorized the sale of the property at 3 Sutton Place in September, after Joseph Beninati’s Bauhouse Group failed to pay back creditors and partners on the 262,000-square-foot development. Gamma controlled the entities that originally loaned Beninati $130 million, but as of today the developer outbid Brooklyn investor Isaac Hager, paying $86 million for the site and $12 million for additional air rights, far less than the predicted $187 million price tag.