Listing photos courtesy of Douglas Elliman
The townhouse might’ve sold for $14 million under its asking price, but it’s still one of the biggest sales to come through since the coronavirus crisis hit NYC. Owner and big-time real estate developer Joseph Chetrit first listed the double-wide home at 118 East 76th back in 2017 for $39 million. The Wall Street Journal, who learned of the sale from a source close to the deal, notes that the Upper East Side home went into contract “for a significantly larger amount” but “was renegotiated due to the market tumult caused by the pandemic.” The lavish home boasts a top-floor indoor pool with a glass-enclosed gym that overlooks it, an elevator that stops at all six floors, a cigar bar, and a patio with an outdoor kitchen and living area. Read more
Rendering of 212 Fifth Avenue by Visualhouse; Photo of Jeff Bezos via Wiki Commons
Amazon behemoth and richest person in the world Jeff Bezos has been making headlines in recent weeks for his $100 million donation to U.S. food banks. He’s also become $24 billion richer since the coronavirus crisis sent Amazon’s stocks surging. And it looks like he’s taking a very small percentage of that fortune and expanding his real estate investment in NYC. The Post reports that Bezos just dropped $16 million on an apartment in the Flatiron condo 212 Fifth Avenue. Last June, he bought three units in the building totaling $80 million, making it the largest deal to ever close in New York south of 42nd Street. Now he can create a mega-mansion in the sky.
Rendering courtesy of Noe & Associates with The Boundary. L to R: Two Waterline Square by KPF, Three Waterline Square by Rafael Vinoly, One Waterline Square by Richard Meier
A family from Peru has paid nearly $27 million for eight units at the new three-tower luxury complex Waterline Square on the Upper West Side, the Wall Street Journal reported on Wednesday. The buyers went into contract and closed on the all-cash deal on the same day, Douglas Elliman agent Maria Velazquez told the newspaper. Velazquez said the family who bought the condo units see it as an investment, opting to put their money into real estate instead of a bank during the coronavirus pandemic. “They felt their money was safer in an apartment in New York than in a bank,” she said.
More on the deal
Image courtesy of MOSO Studio
Back in October of 2018, a $20 million penthouse in Brooklyn Heights’ Quay Tower went into contract. It’s now closed (virtually!) for $20,301,000, making it the borough’s most expensive residential sale ever. It takes the crown from the $16.7 million penthouse Matt Damon bought in late 2018 at The Standish, also in Brooklyn Heights. Andrew Anderson of Douglas Elliman, who facilitated the sale, said: “Closing on the most expensive residential sale in Brooklyn history at this period in time is a testament to the beautiful, serene homes created at Quay Tower and the desirability of waterfront living in Brooklyn Heights.”
Mansion Global reports that the sprawling oceanfront estate at 26 and 32 Windmill Lane in East Hampton has closed for $45 million, as per sources close to the deal. Though they can’t confirm the final sale price, Douglas Elliman does tell us that it’s the most expensive sale in the Hamptons since 2016. The 6.7-acre property, which was listed for $60 million in July and most recently for $55 million, was built in 1989 for former Union Pacific president and chairman James Evans. There’s a massive main house with beautiful beachy interiors and tons of outdoor space including a 50-foot pool, as well as a separate guest house.
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Streetview of 374 Broome Street; Map data © 2020 Google
John Legend and Chrissy Teigen have picked up a second penthouse apartment at their Nolita building. As the Real Deal first reported, the power couple paid $7.7 million for a three-bedroom at the landmarked Brewster Carriage House at 374 Broome Street, joining the $9 million pad bought by the duo in 2018. They seem to really like the building; Legend and Teigen also lived in a one-bedroom unit at the building until they sold it in 2016 for $4 million.
Photos by Devin Groody/Rise Media courtesy of Compass
Fans of “The Sisterhood of the Traveling Pants” series will love getting a look inside author Ann Brashares’s gorgeous Upper East Side carriage house, which she just sold for $11 million, reports the Post. Brashare and her husband, painter Jacob Collins, bought the 7,200-square-foot home at 167 East 69th Street in 2001 for $3.65 million from the Sculpture Center. They first listed it in 2018 for $18.95 million, with a price chop to $15 million this past July. Not only does the home have beautiful interior architecture, but it boasts a huge artist’s studio and a garage with a curb cut.
Have a look around
Photo by Christian Harder for Nest Seekers International
In early November, Grammy Award-winner Norah Jones listed her Greek Revival Cobble Hill townhouse for $8 million. She had purchased it for $4.9 million in 2009. Located at 166 Amity Street, the four-story, five-bedroom brick home boasts beautiful interiors with preserved 1800s details like wooden ceiling beams, marble mantles, and classical moldings, as well as a disappearing heated pool and hot tub in the lovely backyard. The sale, which was first reported by the Post, has not hit public records yet, so the exact sales price is unknown.
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Listing images by
Marc Jacobs’ West Village townhouse had been on the market for almost a year when he relisted the property at 68 Bethune Street with a new agency and a price chop last week. The New York Post reports the property went into contract the very next day, proving that sometimes a price cut makes all the difference. The fashion designer first listed the four-story, nearly 4,800-square-foot home last April for $15.9 million after having purchased it for $10.5 million in 2009. The new listing hit the market at $12 million but the final sale price is still unknown.
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2623 Montauk Highway. Photo credit: Chris Foster, courtesy of Compass
It’s been a busy 2020 so far for Real Housewives of New York alum Bethenny Frankel, who’s finally unloaded two properties: her Soho condo and one of her Hamptons retreats. The Post reported last week that Frankel sold her seven-bedroom residence in Bridgehampton for $2.28 million after listing it for $2.99 million. It’s a good thing she made a slight profit there because her Soho condo ended up selling for a significant loss. After almost three years on the market, Frankel sold her two-bedroom apartment at 22 Mercer Street for $3.65 million, the Observer reported last month. That’s a $550,000 loss compared to the $4.2 million she paid for the pad in 2014—and more if you factor in what she spent on an extensive renovation.
Check out both residences