Wendy Maitland

In This Week's Observer...

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Hunter's Jennifer Raab
Hunter College jumps into real estate Hunter College is getting into the real-estate business. College President Jennifer Raab wants to sell off the school's 3.5-acre Kips Bay nursing campus, near the recently sold Peter Cooper Village at 25th Street and the F.D.R. Drive, and build a 16-story building for science and health-professions programs at 67th Street and Second Avenue, closer to its overcrowded main campus on the Upper East Side. Go to the story by Matthew Schuerman Artist's old Soho haunt sells for $9 million When the 94-year-old painter Buffie Johnson, a stalwart of Abstract Expressionism, died this August, she left behind a three-story loft building at 102 Greene Street. Her estate listed the 8,968-square-foot place with Corcoran vice president Wendy Maitland for $8.5 million, and Ms. Maitland said this week that it's gone to contract for over $9 million. Go to the story by Max Abelson  read more »

The Afternoon Wrap: Friday

  • There are nine super secret ways to sell a haute, high-end property. But the best example comes from Corcoran's Wendy Maitland, who sprinkled in some philanthropy with her old-fashioned marketing. (She threw a benefit party for a Rwandan village at an on-the-market $7 million penthouse.) [Forbes]
  • According to CNN, "slight slump" is better than a "bust." But it's not as nice as our long-lost bubble, is it? [CNN/Money]
  • 520 West Chelsea has a nice ring to it. In fact, it's exactly what the High Line needs: a brand new condo. [Interior Design]
  • Brownstoner does some helpful work for brokerage Massey Knakal, hyping one of its listings on Brooklyn's Lexington Avenue as a "development opportunity." A highlight: "We're loving the rounded windows of the warehouse space and the two garages next door." Related Companies, where are you? [Brownstoner]
  • - Max Abelson

Corcoran Gets Into Yacht Business

Housing boom or not, Manhattan is still just and island. Today's luxury brokers lack the sprawl of Florida or Southern California, where new McMansions extend for miles. So the Corcoran Group has a new solution for wealthy buyers in need space: buy a yacht.

They are the first New York City brokerage company to dive headfirst into the boating trade, teaming up with Monte Carlo-based Edmiston and Company.

"Corcoran has a wide-ranging, high-end clientele," said broker Wendy Maitland. "We both thought it would be mutually beneficial."

Before today, Ms. Maitland had only two yacht listings on the Corcoran site, including one $35 million vessel belonging to Israeli investor Jonathan Leitersdorf (it's called the Tiara). Incidentally, for all your landlubbers, Ms. Maitland still has the listing for Mr. Leitersdorf's $20 million Greenwich Village loft (which made a notable cameo on Sex and the City).  read more »

Corcoran has the co-exclusive listing on about thirty yachts, ranging in price from approximately $800,000 to $60,000,000.

- Michael Calderone