Kips Bay

Hunter Seeking a Swap: Kips Bay for New Tower

Jennifer Raab.
Getty Images
Jennifer Raab.

Hunter College is getting into the real-estate business.    read more »

In This Week's Observer...

112006_article_schuerman.jpg
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 »

Kathryn Kessler Ragland

Kathryn Kessler Ragland

March 28, 2006 9:54 p.m. 7 pounds, 8 ounces Lenox Hill Hospital    read more »

Kathryn Kessler Ragland

March 28, 20069:54 p.m.

7 pounds, 8 ounces  read more »

Lenox Hill Hospital

From Harkness House to Showhouse

safra.jpg
4 East 75th Street.
Recently, the Kips Bay Boys & Girls Club announced that the 50-foot-wide mansion at 4 East 75th would be the location of the organization's next showhouse.

Currently on the market for $55 million, The Observer has been closely tracking this residence--still widely known as the Harkness House--since gossip filtered out last fall that it might hit the luxury market.

Yesterday, more than 20 designers (including Thom Filicia from Queer Eye for the Straight Guy) were let in to start the massive overhaul of the 18,000-square-foot townhouse. On April 25, the public will be permitted to stroll through, with the $30 admission fee going to charity.

Currently owned by banker Jaqui Safra, and his film producer girlfirend Jean Doumanian, the house is in need of extensive renovations, according to multiple sources.  read more »

Now, we've mentioned showhouse flipping before as a recent Upper East Side trend. But it will be impressive if the price climbs above $55 million,currently the highest price for a Manhattan townhouse.

- Michael Calderone

Luxury Roundup: Safra's a Seller Again

  • Apparently Jacqui Safra’s East 75th Street townhouse is once again on the market for $55 million (but with the added prestige of being this year’s Kips Bay designer showhouse). The Observer has tracked this mansion closely since last October when it was rumored to go on the market for $50 million, before entering at $55 million. Then, the property was taken off the market in early January, before returning this past week. (New York Post)
  • Charitable institutions are finding this to be a great time to unload their townhouse headquarters. And Liv Tyler is reportedly eyeing up a $16 million Brooklyn Heights townhouse—despite the fact that her publicist says she is not moving, and the property is actually off the market. (New York)
  • -Michael Calderone

    Kitty Hawks Has Good Taste

    "Oh, yeah. There's such a thing as bad taste," said Kitty Hawks.  read more »