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Flatiron Lenox Hill Park Avenue Seaport Tribeca new cottages york & gardens march 2020 COTTAGESGARDENS.COM | MARCH 2020 cottagesgardens.com FLATIRON LENOX HILL PARK AVENUE SEAPORT TRIBECA SUPER CHIC! DEEDS&DON’TS THE INSIDE SCOOP ON NEW YORK REAL ESTATE AS SEEN IN Women On Top Singer and Brooklyn resident Norah Jones (far left and backdrop) has demonstrated considerable real estate savvy, as have actresses Liv Tyler and Jennifer Lawrence and accessories designer Aerin Lauder. ALLReal estate stopped being a man ’s gameBUSINESS? long ago, and today also boasts three exposures, a master bedroom terrace, and a garden with women are holding the reins more than ever before. Take performer a pool and a hot tub). Now she’s listing the pad for a cool $8 million Norah Jones: Some might argue that she’s singing for her supper, but with Nest Seekers International’s Ryan Serhant and Sonia Brown, if everything pans out, she’ll likely be tucking into a gourmet feast any while simultaneously working on another fixer-upper around the day now. A decade ago, the Bedford-Stuyvesant native purchased a corner: an 1850s Pacific Street stable that she bought for $6.25 million 25-foot-wide Greek Revival home on Cobble Hill’s Amity Street for in 2015. She’s converting the two-family residence—which appeared in $4.9 million, then added energy-saving updates such as a geothermal heat- the 2010 film Eat, Pray, Love—into a single-family home with the help exchange system and rooftop solar panels (the five-bedroom residence of Baxt Ingui Architects. In Manhattan, actress Jennifer Lawrence is TYLER: EVERETT COLLECTION/SHUTTERSTOCK.COM; LAWRENCE: FEATUREFLASH PHOTO AGENCY/SHUTTERSTOCK.COM; FEATUREFLASH TYLER: EVERETT COLLECTION/SHUTTERSTOCK.COM; LAWRENCE: BACKDROP: RICH CAPLAN PHOTOGRAPHY 40 nyc&g cottagesgardens.com march 2020 DEEDS & DON’TS W D’Arc. It appears that JLaw, who married most prestigious apartment buildings in the art dealer Cooke Maroney last October, is city. (Notable residents have included Sister motivated to sell, having discounted the Parish, Toys “R” Us founder Charles Lazarus, 4,073-square-foot apartment by $3.6 million and poet Louis Untermeyer.) The home, since placing it on the market in July (she paid $15.45 million for it in 2016). In the It appears that JLaw West Village, actress Liv Tyler just scored a hefty profit on her home of is motivated to sell, two decades: She scooped having discounted up the multi-residence property in 2001 for $2.53 her Upper East Side million, then converted it apartment by $3.6 back into a single-family townhouse, which she sold for million since placing it $17.45 million in an off-market on the market last July deal. Talk about sweat equity! also juggling dual properties: a $9 And Estée Lauder heiress and which hadn’t changed hands in 70 years, was million unit at Tribeca’s star-studded businesswoman Aerin Lauder previously owned by the late C. Douglas 443 Greenwich Street, which she rents has dropped $47 million on a Dillon, who was treasury secretary in the out, and a three-bedroom Upper East Side five-bedroom co-op at 960 Fifth Avenue, Kennedy administration. Looks like Lauder penthouse with a bi-level terrace, currently designed by Rosario Candela and Warren has inherited her legendary grandmother’s listed for $12 million with Compass’s Pamela and Wetmore in 1928 and still one of the business acumen. —Alyssa Bird Girls Just Want To Have Fun (TOP) Jones has been renovating a Cobble Hill carriage house that had a cameo in the movie Eat, Pray, Love. (THIS IMAGE) Lawrence is proving to be a downtown girl, keeping a pad in Tribeca while selling this penthouse on the Upper East Side. 42 nyc&g cottagesgardens.com march 2020 DEEDS & DON’TS W ARTFUL LODGERS CALLING ALL CULTURE VULTURES: CONSIDER PICKING A PERCH CLOSE TO YOUR FAVORITE CITY MUSEUM BOOKWORM ART AFICIONADO BROOKLYNITE DESIGN FIEND HEDONIST THE MUSEUM: The Morgan THE MUSEUM: The Metropolitan THE MUSEUM: Brooklyn THE MUSEUM: Cooper Hewitt THE MUSEUM: The Museum of Library Museum of Art Museum THE MATCH: A 24-foot-wide, six- Sex THE MATCH: A six-bedroom THE MATCH: A four-bedroom THE MATCH: A three-bedroom story, six-bedroom limestone THE MATCH: A five-bedroom townhouse at 121 East 38th co-op across the street, at 1919 townhouse at 31 townhouse at 7 East 88th penthouse at 120 East 29th Street, with an income- 1010 Fifth Avenue. Prospect Park West, just a Street, only two blocks away. Street is made for your inner producing one-bedroom short walk away. exhibitionist. apartment on the ground floor. SPECIAL PERKS: A sexy master suite features an indoor- outdoor lounge with its SPECIAL PERKS: Literary types own bar and a freestanding will love the third-floor library SPECIAL PERKS: A family room SPECIAL PERKS: The 1903 bathtub overlooking one of five and adjoining terrace for with a wood-burning fireplace, SPECIAL PERKS: A backyard Beaux-Arts façade is a thrill for terraces. (Nude sunbathing at alfresco reading. a media room, a laundry room, and a private garage, plus a even the most jaded design your own risk!) STATS: Listed for $7.5 million and a staff room. sauna and a roof deck. enthusiast. STATS: Listed for $9.25 million with Alan Berger, Kelly Cole, STATS: $12.5 million, through STATS: Jennifer Taylor of STATS: Caylyn Sullivan of Leslie by Mara Flash Bloom and and Paul Cole of the Corcoran Sotheby’s International Realty’s Compass holds the $5.895 J. Garfield has the $24.9 million Ariel Green of Sotheby’s Group. Meredyth Hull Smith. million listing. listing. International Realty. MUSIC LOVER MODERNIST FASHIONISTA AESTHETE HIPSTER THE MUSEUM: The National Jazz THE MUSEUM: The Museum of THE MUSEUM: The Museum at THE MUSEUM: The Bard THE MUSEUM: The New Museum Museum in Harlem Modern Art FIT Graduate Center Museum THE MATCH: A two-bedroom THE MATCH: Two adjacent five- THE MATCH: Two one-bedrooms THE MATCH: A floor-through THE MATCH: A four-bedroom pad in hotshot architect Tadao bedroom townhouses at 32–33 on the 10th floor of the famed three-bedroom condo at 291 in the Lolita Building at 227 Ando’s first residential project Mount Morris Park West. Rockefeller Apartments co-op Seventh Avenue, the epitome of Central Park West, a few blocks outside Asia, at 152 Elizabeth next door. a stylish New York loft. from the celebrated decorative Street in trendy Nolita. TERIORS: RUSS ROSS/COURTESY OF THE CORCORAN GROUP (BOOKWORM), VHT/ SPECIAL arts gallery. PERKS: The International Style building’s signature curved windows SPECIAL PERKS: Additional overlook MoMA’s sculpture proximity to top live-music garden, and there are two destinations, including the terraces and a sunroom. SPECIAL PERKS: Aside from SPECIAL PERKS: The building’s SPECIAL PERKS: The seven-unit Apollo Theater and Ginny’s STATS: The apartments are its location right on “Fashion Renaissance Revival façade— building features a high-tech Supper Club. priced at $1.1 million and Avenue,” the unit has four and original details and humidification system that’s STATS: The residences can $995,000 (or a combined exposures and 11-foot ceilings, sensitive interior restoration ideal for preserving artwork. be purchased together for $2.095 million) with the plus to-die-for custom Poliform within—complement the STATS: Debra LaChance, $14.9 million or separately Corcoran Group’s Barbara closets. impressive views toward Denise LaChance, and ($7.995 million and $4.2 million, Brewster and Douglas Elliman STATS: $4.425 million, with Brett Central Park. Leonard Steinberg of Compass respectively) through Ilan Real Estate’s Tom Postilio, Miles and Robin Lyon-Gardiner STATS: $4.998 million, with Mike hold the $5.985 million listing. Bracha of Keller Williams. respectively. of Douglas Elliman Real Estate. Lubin of Brown Harris Stevens. —Laura Fenton EXTERIORS: KAMIRA/SHUTTERSTOCK.COM (ART AFICIONADO), OSUGI/SHUTTERSTOCK.COM (DESIGN FIEND), ANDERSPHOTO/SHUTTERSTOCK.COM (HEDONIST), LEWIS TSE PUI LUNG/SHUTTERSTOCK.COM (HIPSTER); IN ERIC PETSCHEK (HIPSTER) COURTESY OF THE CORCORAN GROUP (MODERNIST), DOUGLAS ELLIMAN PHOTOGRAPHY (FASHIONISTA), march 2020 cottagesgardens.com nyc&g 43 DEEDS & DON’TS PROPERTY OF NOTE FEATURED ON COTTAGESGARDENS.COM AND A dailyDEEDSTM E-NEWSLETTER about the economy among causes for the DEAL OR NO DEAL? price dips. However, Gregory Heym, chief Rice tags have shRunk economist at Terra Holdings, the parent across New York, and the city’s company of real estate brokerage Brown Pchoicest neighborhoods are Harris Stevens, notes that low prices in the experiencing some of the most precipitous third quarter of 2019 are a likely side effect drops. According to a recent StreetEasy of the rush to purchase before an increase report, Tribeca’s median sale price in in mansion and transfer taxes took effect third quarter 2019 was $2.3 million, a 36 on July 1, resulting in a jump in sales the percent decrease from the same period the prior quarter. But fortunately for buyers, year before. In SoHo, the figure was $1.96 many developers have responded with million, or 25 percent lower. Numbers in attractive concessions: At 100 Barclay Street Chelsea and the Upper West Side also in Tribeca, Ben Shaoul’s Magnum Real declined during this time, by 19 percent Estate has devised a rent-to-own plan that (to $1.2 million) and 17.4 percent (to $1.12 enables lessees to put up to 70 percent of million), respectively. Even in Dumbo, their rent toward the purchase price. And the hottest section of New York’s hippest Extell is also offering a rent-to-own plan borough, the median sale price plunged at the Lower East Side’s One Manhattan 26.3 percent, to $1.186 million.
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