Big Ticket: Top Sales Include Billy Bush’s Chelsea Townhouse

Big Ticket: Top Sales Include Billy Bush’s Chelsea Townhouse

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The Manhattan real estate market got off to a strong start in 2017, with the closed sale of the second most expensive penthouse at the supertall 432 Park Avenue and a spurt of activity at other new developments.

There were several high-profile transactions, too. The former “Today” host Billy Bush sold his Chelsea townhouse (at a loss), and a few buildings away on the same street, a full-floor loft owned by the Oscar-winning director Steven Soderbergh finally sold.

Also, the Grammy-winning producer Mikkel S. Eriksen sold a condo on the Upper West Side, while the estate of Judith S. Kaye, the first woman to serve as New York’s chief judge, sold her co-op on Central Park West.

A penthouse on the entire 85th floor of 432 Park was the most expensive sale in January, at $65.66 million.

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DBOX

THE MOST EXPENSIVE SALE last month, at $65,661,755, according to property records, was a penthouse occupying the entire 85th floor of 432 Park, the tallest residential tower in the Western Hemisphere, topping out at 1,396 feet.

The buyer, whose identity was shielded by the limited liability company Parklight, had been in contract to purchase the place since April 2013. The unit encompasses 8,055 square feet and has five bedrooms and six full baths. A spokesman for one of the building’s developers, Macklowe Properties, said a confidentiality agreement prevented him from disclosing any information about the unit.

This penthouse is the second priciest transaction since closings began in late 2015 at the 96-story tower, between 56th and 57th Streets in the heart of Billionaires’ Row. The most expensive — and the biggest sale for all of last year — was the full-floor penthouse at the pinnacle, which closed in September at nearly $87.7 million. The buyer was the Saudi retail magnate Fawaz Alhokair.

The Chelsea townhouse Mr. Bush sold after being forced to leave “Today.”

Credit
Andrea Mohin/The New York Times

MR. BUSH’S TOWNHOUSE at 224 West 22nd Street sold for $7.43 million, which was about 15 percent below what he had paid for it in 2015.

The TV personality, who was relocating from Los Angeles, bought the four-story brick house in December 2015 for $8.8 million — just months before joining NBC’s “Today.” He put the home back on the market last October, with an $8.99 million price tag, after his suspension and subsequent departure from the morning show. His forced exit stemmed from a 2005 video that had surfaced in which he and Donald J. Trump were heard engaging in a lewd and misogynistic conversation about women.

Mr. Bush left ‘Today’ after the release of a video in which he and Donald J. Trump had a lewd and misogynistic conversation.

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Cindy Ord/Getty Images for AHA

Mr. Bush twice dropped the price of the five-bedroom, 3,540-square-foot townhouse — most recently to $8.25 million. He conducted all of his property transactions using the JLM Trust. The buyer was Thomas Anthony Holdings LLC.

MR. SODERBERGH, the prolific director who won an Academy Award for the 2000 film “Traffic,” also left the neighborhood.

His prewar loft on the second floor of the co-op building at 147 West 22nd Street sold for $4.85 million. Property records, though, show that Mr. Soderbergh actually entered into a sales contract with the buyer, the Brygo Trust, in July 2015. The 4,000-square-foot apartment — configured with three bedrooms, two baths and a media room — was first listed in June 2014 for $5 million.

IN OTHER BOLDFACE transactions, Mr. Eriksen, and his wife, Hege Christin Fossum, sold unit No. 32CD at 80 Riverside Boulevard for $8.4 million. Mr. Eriksen is a founder of Stargate, a Norwegian music producer and songwriting team that won a Grammy in 2011 for best dance recording for Rihanna’s “Only Girl (In the World)”; they also produced and co-wrote Beyoncé’s hit single “Irreplaceable.”

The estate of Judge Kaye, who died last year at age 77, sold unit 5A at 101 Central Park West for $4.25 million.

OTHER BIG SALES at new condos included the month’s second highest transaction: a penthouse at the Norman Foster-designed 551 West 21st Street. The price for the unit, PH19, with three bedrooms and three and a half baths over 6,167 square feet, was $33.61 million.

Two full-floor penthouses sold at 56 Leonard, a high-rise in TriBeCa with a distinctive Jenga-like cantilevered design. A penthouse on the 53rd floor was bought for $29.08 million and one on the floor above for $23.98 million. Each of these apartments has four bedrooms and four and a half baths, along with two terraces and a balcony.

And several closings were recorded at Greenwich Lane, a complex built at the site of the former St. Vincent’s Hospital campus in Greenwich Village. Among them was a penthouse at 155 West 11th Street that sold for $29.56 million.

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