In February 1998, Jon Corzine, then chairman and chief executive of Goldman Sachs, and his wife, Joanne, committed to buying a $15 million, 5,000-square-foot duplex condo at 515 Park Avenue. The 42-story tower on 60th Street was being developed by Zeckendorf Realty with an investment from Goldman's Whitehall Group.
A real-estate source involved with the building Read More15 PERCENT INCREASE IN PRICE, BUT 55 PERCENT SALES DROP The city's three largest residential real-estate brokerages have finally agreed on something: The luxury co-op market has seriously downshifted.
According to second-quarter and mid-year reports by the three companies–Brown Harris Stevens, the Corcoran Group and Douglas Elliman, which together handle roughly 70 percent of the city's Read MoreMOM'S 2,800-SQUARE-FOOT PAD IS UPSTAIRS FROM JENNIFER LEROY'S One night in 1966, at Maxwell's Plum, his first restaurant, Warner LeRoy spotted a woman at a table by the window and introduced himself as the man she would marry. That woman did marry him, in 1970, and for most of the next three decades, Kay Read More
New York City's smallest private girls' school is about to get a little larger. In late June of this year, representatives from the Hewitt School signed a contract to buy a mostly gutted townhouse at 10 East 75th Street, just one block from their location of 30 years at 45 East 75th Street. The asking Read More
SAN DIEGO-BASED CHARLES BRANDES TRADES UP TO AN 11-ROOM DUPLEX Prices at 515 Park Avenue broke Manhattan condominium-sales records in 1999. In turn, those prices were topped when a dozen or so buyers flipped their apartments. But the building isn't finished. In late June, Charles Brandes, one of the most prominent preachers of value-investing and Read More
There are families steeped in history, and there are those with a past. The same can be said about great homes. History may or may not be helping to sell three parcels of pricey real estate–each a decadent home with a past–currently on the market trying to garner top prices.
OnJuly20,the 28,500-square-foot townhouse at 9 East Read MoreWhen Andrew Sasson, the owner of the Jet East nightclub in Southampton, allegedly chauffeured his ex-girlfriend, publicist Lizzie Grubman, from the bloody mess she'd made at Conscience Point to his Bridgehampton house on July 7, he gave his competitors just the opening they needed. For Mr. Sasson may have made Jet East the most lucrative Read More
INTERNET GUY AND VANNA'S EX BECOME ROOMIES ON 67TH STREET The blonde in army fatigues who opened the door at 36 East 67th Street was not the lady of the house, but the "manager." Her name is Erin Pettersen, and she was still recovering from a party at the five-story residence four days earlier, where Read More
ANNE FLOTTL GETS ESTATE-CONDITION BARGAIN AT 'SOCIALITE CENTRAL' Former President Dwight D. Eisenhower moved 35 times in the first 35 years of his life, establishing a pattern of domestic restlessness that apparently runs in the family. Anne Flottl, née Barbara Anne Eisenhower, granddaughter of the former President, has in the past two decades lived in Read More
Philip Johnson, the dean of American architecture, will turn 95 on July 8. A few days later, to honor his long and illustrious career–and to raise money for the city's first museum of architecture–his colleagues will gather at the Solomon R. Guggenheim Museum to celebrate his work: Frank Gehry, Robert A.M. Stern, Richard Meier and Read More
Just three years after they were secretly married at a Lower East Side synagogue, New York darlings Matthew Broderick and Sarah Jessica Parker bought a quintessential West Village townhouse-also in secret. And in quintessential Sarah
Jessica Parker style-the actress has given scores of interviews about being on welfare as a child-the purchase was a bargain. In Read MoreOn April 7, a dozen New Yorkers–architects, writers and artists–feeling gouged by downtown Manhattan prices, bought a building together in Tribeca. They'll share a mortgage and maybe even child care, creating what sounds a little like a modern-day artists' cooperative. This being 2001, the starting cost was $7.9 million.
There's architect Peter Moore, who's been living Read MoreBROKERS SAY BRUCE WASSERSTEIN; WASSERSTEIN SAYS NOTHING AT ALL Richard Gilder, a Reaganite investment banker behind an ad campaign in support of George W. Bush's tax-cut bill, has quietly sold his apartment at 927 Fifth Avenue for about $15 million. According to brokers, Mr. Gilder made a private deal in early April to sell Read More
Mets superstar Mike Piazza is finally putting some roots down in Manhattan, adding a $1.975 million Gramercy Park condo to his real-estate portfolio, which includes homes in Cresskill, N.J., and Boynton Beach, Fla.
According to real-estate records, Mr. Piazza bought a penthouse duplex in the Gramercy Park historic district, on March 13. And it's no crash Read MoreOn May 2, 118 Manhattan real-estate firms announced that they could not work together–even to attract apartment buyers. The firms said they would disable their fledging joint Web site, a failed attempt at a comprehensive listing of available property in the city.
What they didn't say was that, while they were squabbling over how to share Read More
