, Sun, September 21, 2014
The duplex penthouse at 133 East 64th Street on the Upper East Side, where Bernie Madoff notoriously was arrested by the feds and lived under house arrest, has just sold to Lawrence Benenson of Benenson Capital Partners for $14.5 million.
Madoff had lived in the home since 1984, but after the government seized it in 2008, it was picked up by toy mogul Alfred Kahn and his wife Patsy in 2010 for $8 million. Apparently, Mr. Kahn was superstitious of the “Madoff curse,” but Patsy fell in love with the unit’s terrace. They reportedly put the penthouse back on the market in August 2013 for $17.25 million, but reduced the price several times as well as filed for divorce.
Tour the infamous pad here
With all the hubbub over Common Core these days (have you seen the NEW math?), it’s nice to know that some things simply add up the way they should – like this incredible 4,125-square-foot single-family townhouse located at 506 East 87th Street.
Situated on a tree-lined street near Carl Schurz Park, this beautifully renovated residence built in 1899 was purchased in April 2013 for $7.99 million, but then sold in January 2014 for $6.85 million, a pretty steep drop for just eight months. It’s now back on the market for $7.75 million, so here’s hoping the third time’s the charm and the new owners will spend many years enjoying all that this home has to offer.
Take a peek inside this incredible home
The penthouse craze began in the early 20th century thanks to media tycoon William Randolph Hearst. He took up residence in a three-floor apartment at the Clarendon at 137 Riverside Drive and, when his landlord refused to let him expand further, Hearst bought the entire building, adding two new floors to the top of his mansion, crowned by a new copper mansard roof.
Now, 100 years later, the rich and famous are still making headlines with their pricey penthouse purchases. Fellow media mogul Rupert Murdoch recently purchased a $57.25 million triplex penthouse, along with an additional full-floor unit (because why stop at just three?) at One Madison. His bachelor pad totals more than 10,000 square feet of interior space, wrapped in floor-to-ceiling glass. Is this the new standard for penthouse living? We’re taking a look at some of the top sky-high listings in Manhattan to find out.
Don’t miss these incredible penthouse stunners
When Evelyn and Everett Ortner bought their Park Slope brownstone at 272 Berkeley Place in 1963 for $32,000 they probably never imaged it would sell 50 years later for over $3 million. But it was their own historically sensitive and forward-looking vision that helped revitalize the area and make it a much-sought-after Brooklyn neighborhood.
The Ortners moved to Park Slope when brownstones were unfashionable and the rich turned their noses down at the area. They convinced their friends to also buy brownstones in the neighborhood. Evelyn was an interior designer specializing in period interiors, and the couple meticulously restored their home down to every last historic detail. After a 25th anniversary trip to France, where they were inspired by local preservationists working to conserve a crumbling castle in Normandy, Mr. and Mrs. Ortner dedicated themselves to historic preservation efforts in Park Slope until their deaths in 2006 and 2012.
See the results of the couple’s tireless passion
If you follow Williamsburg real estate news, you likely read about a lot of glassy waterfront towers and swanky hotels. It’s refreshing, therefore, to hear about the Printhouse Lofts, a new residential development housed in a 104-year-old manufacturing building that seamlessly blends historic character with modern design.
Located at 139 North 10th Street, the site originally housed a printmaking company and was later a toy factory. After failed conversion attempts by two different developers, Greystone bought the property last year for $15.8 million and undertook an adaptive reuse project that resulted in 36 fabulous apartments.
Take a tour through one of these stunners
Closet space isn’t easy to come by in New York City, so when the owners of this stunning Union Square loft remodeled their apartment a few years back, storage was on the top of their to-do list. With help from Robert Luntz and Joseph Tanney of Resolution: 4 Architecture, the family transformed their newly-expanded apartment into a sleek, modern home with plenty of cabinets and shelves.
See more of the impressive, storage-friendly apartment
Warmer temperatures are finally here, and New Yorkers are well on their way to planning their summer trips — to the Hamptons, Berkshires, Jersey Shore, and any other location where they can relax and soak up the sun. The one problem with all of these destinations, though, is the travel. No one wants to wait in traffic on the Jersey Turnpike or sit on a crowded Jitney bus. So wouldn’t it be nice if you could enjoy the nice weather without leaving home? At these six stunning penthouses you can, thanks to their beautiful outdoor spaces.
All the urban oases right this way
Anyone who’s gone apartment hunting in Manhattan knows it can get a little monotonous — the bone-white walls, standard hardwood floors, and typical layouts. Sometimes the blank canvas just isn’t enough; sometimes you need a little oomph. For those of you who enjoy ogling beautiful homes that have been carefully designed and expertly decorated, we’ve rounded up five opulent and ornate spaces currently looking for an occupant.
See all the stunning spaces this way!