Arne Glimcher, One of World’s Most Powerful Art Dealers, Buys $5.6M Madison Square Loft
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Arne Glimcher, One of World’s Most Powerful Art Dealers, Buys $5.6M Madison Square Loft

December 15, 2014
Arne Glimcher, One of World’s Most Powerful Art Dealers, Buys $5.6M Madison Square Loft

If you’re familiar with the NYC gallery scene you definitely know the Pace Gallery and its founder Arnold “Arne” Glimcher, one of the world’s most powerful art dealers, as well as a film producer and director. According to city records, Arne and his son Marc have bought a $5.6 million Madison Square loft at 117 East 24th Street. The contemporary space boasts four bedrooms and 4,000 square feet as well as 11.5-foot ceilings and plenty of wall space to display one’s art collection, though we’re not sure which of the father-son art dealing pair will be residing in the loft.

117 East 24th Street, Madison Square loft, Arne Glimcher

117 East 24th Street, Madison Square loft, Arne Glimcher

The newly renovated residence has 45 feet of south-facing, UV-protected windows, which the listing noted was “ideal for an important art collection.” It features a chef’s kitchen, three bathrooms, Brazilian cherry floors, a laundry room and a corner master bedroom with two walk-in closets and a spa-like master bath.

[Listing: 117 East 24th Street, 8 by Stan Ponte of Sotheby’s International Realty]

[117 East 24th Street on CityRealty]

Photos via Sotheby’s

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More: Celebrities, Distinctive Homes, Real Estate Trends
Tags: 117 East 24th Street, Arne Glimcher, Lofts
Location: Flatiron/Nomad

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