A 19th century renovated co-op on the most coveted street in the East 70s has just popped up on the market, asking $3.95 million. This carefully restored apartment at 5 East 75th Street definitely has some dizzying wallpaper and way too many mirrors, but that’s all overshadowed by its gorgeous original details and magnificent views.
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In addition to holding the record for highest purchase of a sports team in New York (he bought the Jets in 2000 for a whopping $635 million), Johnson & Johnson heir Woody Johnson now also holds the title for most expensive co-op ever sold in the city. His 11th/12th floor duplex at 834 Fifth Avenue has been snatched up by billionaire Leonard Blavatnik for $80 million, well over the $75 million asking price. This far surpasses the previous co-op sale record, set when Israel “Izzy” Englander bought a duplex at 740 Park Avenue for $71.3 million.
This is merely pocket change for Blavatnik, though, as he’s the 32nd richest man in the world and worth an estimated $21.8 billion. It’s not known if he’ll take up residence in his latest acquisition or just add it to his trophy case of high-end real estate. He also paid $31.25 million for 2 East 63rd Street, the city’s widest mansion; $27 million for a unit at 998 Fifth Avenue; and $51 million for Edgar Bronfman’s townhouse at 15 East 64th Street.
Johnson didn’t live in the home; he used it solely for fundraisers and parties. It has five bedrooms, 5½ bathrooms, and three maids’ rooms, as well as a large staircase and open layout perfect for entertaining.
[Via NY Post]
After a year on the market, this incredible Upper East Side mansion designed by Bunny Mellon has finally found a family ready to call it home. According to the Observer, the 1960s townhouse currently owned by Irish businessman Tony White and his wife Clare just went into contract for $41 million. The couple originally paid $22.5 million for it in 2006, and when it came time to resell last year, they asked an impressive $46 million. Pricey? Yes. But given its darling location and architectural splendor, why this beauty didn’t fly off the shelf is a bit of a surprise to us. Just have a look inside and you’ll immediately understand why.
On a quiet block on the Upper East Side, there are elaborate houses and grandiose rooms. However, these stately dwellings are not townhouses, but instead the kind that live inside them, filled with miniature plates, plants, and pets. If you haven’t guessed, we’re talking about dollhouses, and they can be found at Tiny Doll House, a store devoted to dollhouses and all things miniature.
For almost 25 years, Leslie Edelman has owned and run the store. With a background in interior design for full-scale homes and humans, he has miniaturized his skill set and passion at Tiny Doll House, where New Yorkers of all ages can fulfill their architecture and interior design fantasies for much less than the price of a Park Avenue townhouse.
6sqft recently spoke with Leslie to learn more about his store, and the care and attention to detail New Yorkers bring to their dollhouses.
Oh, how the times change. In the late 19th century, developer John C. Henderson began constructing an enclave of townhouses, designed by architectural firm Lamb & Rich, and intended for “persons of moderate means”. Today, one of those Yorkville homes is available for rent, asking $25,900 per month… or if you’d like to purchase it outright, $7.495 million.
If you’re looking for remnants of 146 East End Avenue’s low-income housing past, you’re in for a disappointment. The result of a “painstaking” two-year gut renovation, this desirable dwelling only speaks the language of luxury. However, if there’s any city that knows how to preserve its history while providing modern amenities, it’s New York. The final result is a beautifully updated home that pays homage to its honorable past.
The Upper East Side isn’t just for your grandparents anymore. Photo by Ed Yourdon cc
There’s been so much talk lately about how the Upper East Side is the next cool ‘hood–this guy even says it’s cooler than Brooklyn–and while that may be true (the neighborhood’s got a Meatball Shop; is there really any use denying it anymore?), we have our sights set slightly farther north.
The high 80’s and 90’s, clustered between Park and 1st Avenues, is a hot spot for young professionals who are looking for little more culture and a little less of the bro-tastic bar scene, as well as for just-starting-out families who want a community feel, but not the sky-high rents of Park Avenue and Museum Mile. A slew of new residential developments are popping up in the area, as are fun, independent restaurants and bars. And this piece of Manhattan offers almost just the same transportation convenience as the Upper East Side proper, but with lower rents and a calmer feel.
For Manhattan’s jet-set crowd, the 2010s are starting to look an awful lot like the 1900s.
New York’s upper crust are embracing a return to the Gilded Age, moving out of their fancy penthouses, co-ops and lofts and into opulent single-family mansions. From Aby Rosen’s quest to build the largest private mansion on Park Avenue to Jared Kushner’s conversion of three former Brooklyn Law School buildings into single-family townhouses—the most affluent buyers are now on the hunt for New York’s ultimate trophy prize.
New York City may have an ever-revolving cast of hottest restaurants, hippest clubs, and even most desirable neighborhoods, but some real estate titans never go out of style in this metropolis. Known as the “Tower of Power,” 740 Park Avenue is one such mainstay.
The Upper East Side 19-story, Art Deco building was completed in 1930 to the designs of Rosario Candela, often considered the finest architect of luxury apartment interiors, as the last of the grand dames erected along Manhattan’s Gold Coast. It didn’t reach its peak until the real estate boom of the 1980s, but is today one of the most sought-after addresses with 31 apartments, mostly all duplexes, triplexes, and penthouses. The massively scaled residences feature grand living rooms, formal dining rooms, spiral staircases, high ceilings, expansive foyers, and an abundance of windows.
At least they’re consistent. The on-again-off-again penthouse listing at The Mark continues to insist on a $60 million asking, nearly seven years after it first popped up on the market. This is particularly audacious considering the building’s already shaky history, which is fraught with buyer back-outs, lawsuits, and heavy price cuts. Still, the penthouse surges ahead asking more than $6,000 per square foot and daring anyone to challenge it. And what do you get for $60 million dollars plus $44,645 per month in common charges?
The Ritz Carlton penthouse combo has just been shoved from its top spot as the city’s priciest listing and replaced by the triplex penthouse at Zeckendorf Development Co.’s 520 Park Avenue. At $130 million, it will become the most expensive to ever hit the market, beating out the Ritz pad by about $11 million. According to Bloomberg, the building’s sales plan was approved by the New York State attorney general’s office last week, and Zeckendorf is already calling the penthouse “the greatest apartment on the Upper East Side.”