Co-ops

February 3, 2015

Bruce Willis Is Back at It, Buys $17M Duplex at 271 Central Park West

Maybe we haven't seen Bruce Willis in a new movie in a couple of years because he's been too busy unloading and buying real estate in New York. First there was the $12 million, 22-acre buy in Bedford, then the $13 million sale of his El Dorado co-op, and now he's purchased a $17 million six-bedroom duplex at 271 Central Park West, just a few blocks away from the El Dorado digs and not too far from the unit he owned before that at Trump Place on Riverside Drive. Clearly Willis likes the Upper West Side, and it looks to us like he's having some fun climbing up the luxury-listing ladder.
Check out Willis's new pad here

January 29, 2015

Reduced! $125 Million Pierre Penthouse Now Asking Just $63 Million

By Aisha Carter

Desperate times call for desperate measures? This dazzling former home to eccentric stock investor Martin Zweig has just received a near 50 percent price cut by the late investor's widow, Barbara Zweig, who is now asking a mere $63 million. The 41st floor co-op at the Pierre first hit the market in 2013 for what would have been a record-breaking $125 million, but the home didn't sell—even after being slashed to $95 million in December 2013. Now it looks like Zweig just wants to rid herself of the property which occupies the top three levels of the Pierre. The penthouse is the highest prewar co-op apartment in Manhattan, meaning not only do you have views of the skyline, but you're also part of the skyline. But that's not to discount the 360-degree vistas of the city, which include all of Central Park. So, will someone bite at $63 mill?
Let's take a look inside

Distinctive Homes

January 16, 2015

Check Out the Rear…Garden of This Adorable $1.3M West Village Pad

By Aisha Carter

Here’s a cute new listing at 92 Horatio Street, asking $1.349 million. A West Village location is already pretty idyllic. Add charming details like exposed brick walls, hardwood floors, and lots of light, and you’ve really hit the jackpot. But this quaint co-op’s most prized feature is definitely the romantic private garden.
Take a look at the quaint space here

Distinctive Homes

December 22, 2014

Quintessential Soho Loft in the West Broadway Arches Asks $2M

By Aisha Carter

There’s a new loft available in one of Soho’s most prized co-ops. 140 Thompson Street, otherwise known as the West Broadway Arches, is a beautiful early 20th century brick building with large arched windows, right on the cusp of Soho and Greenwich Village. In addition to its great location, this flexible one-bedroom unit has every detail a prospective buyer could want in a quintessential loft, all for $1.95 million.
More photos after the jump

Distinctive Homes

December 8, 2014

Bruce Willis Lists Central Park West Apartment for $13M

By Annie Doge

Bruce Willis is really stepping up his New York real estate game. Just five weeks after buying a $12 million, 22-acre estate in Bedford, New York, he and his wife, actress Emma Heming Willis, have listed their three-bedroom Central Park West co-op at the El Dorado for $13 million. The Daily News reports that the couple is looking to trade up to a bigger unit now that they have a second child. Willis bought the apartment at 300 Central Park West less than two years ago for $8.85 million from U2 bassist Adam Clayton. And after a meticulous renovation, he's looking to make $4 million on the flip.
Take a tour of the Willis home

On Sale Now: An Unofficial Black Friday Bargain Hunt!

135 West 70th Street Penthouse BC; Listing photo Douglas Elliman.

November 28, 2014

On Sale Now: An Unofficial Black Friday Bargain Hunt!

By Michelle Cohen

Late November can be an anxious time for both buyers and sellers; unpleasant weather, family events and just plain seasonal shutdown mode can reduce the traffic at open houses to a trickle and get properties pulled off the market until after New Year’s Day or even springtime. Sellers may panic and prices get cut in the hopes of getting the deal done before year’s end; it’s a good time for intrepid buyers to stay in the game, though, because the competition factor is at a minimum. After reading about Leo DiCaprio who, like Macy’s, Wal-Mart and Kohl’s, jumped the gun on the traditional discount day by price-chopping his haute-holistic Delos Living penthouse, we rounded up some stellar dwellings that received significant markdowns just in time for the popular post-Thanksgiving Day shop-a-thon. So if you’re on the hunt–or you’ve got a two-bed-two-bath-with-killer-views-sized stocking to fill–check out our list of sale merch of the real estate persuasion that–we hope–won't require you to queue up at the crack of dawn.
10 more discounted deals that are better than lords a-leaping

November 24, 2014

Supermodel Gemma Ward Lists East Village Apartment for $2.25M

By Annie Doge

Australian supermodel Gemma Ward bought her East Village apartment in 2007 for $1.5 million, when she was only 20 years old, undertaking a gut renovation of the three-bedroom pad at 232 East 6th Street. But considering that, at age 16, she was the youngest model ever to appear on the cover of American Vogue, entering the NYC real estate game at 20 isn't that shocking. And she has now listed the pre-war apartment for $2.25 million, according to the Daily News.
Tour the stylish pad here

November 7, 2014

Debra Messing Buys $5.5M Upper East Side Apartment

By Annie Doge

Her famous Will & Grace character may have lived on the Upper West Side, but Debra Messing is crossing the park for a new home at 3 East 84th Street. According to city records filed today, the actress purchased a $5.45 million co-op at the building. The four-bedroom unit is just a half block from Central Park and boasts 10-foot ceilings, a wood-burning fireplace, Juliette balcony, and charming country kitchen.
Check out Messing's new digs here

November 3, 2014

Brighten Your Mood with this $4M Colorful Maria Brito-Designed Co-op

By Aisha Carter

Who needs lifestyle tips from Goop when you can live like Gwyneth Paltrow instead? That’s right. 320 East 72nd Street has an apartment designed by Maria Gabriela Brito, self-proclaimed luxury lifestyle consultant with a Rolodex full of clients like P. Diddy and Gwyneth. The colorful Lenox Hill apartment is not afraid to show its fun side, and it’s now on the market, asking $3.795 million. The Brazilian-inspired design is definitely not for the faint of heart, but Brito anchors the vibrant accents with a neutral backdrop, creating a lively yet sophisticated space.
Take a look inside, here

Distinctive Homes

October 30, 2014

East Village Condo’s Celebrated Design Will Make Your Dreams Come True

By Rebecca Paul

On any given day New York City has the potential to make all of your dreams come true, and this beautiful three-bedroom East Village condo, located at 211 East 3rd Street, might make that dream a little sweeter. This amazing property underwent an all-inclusive renovation just two years ago, and the result is an exquisitely curated interior enhanced by architectural sophistication that is sure to grab your attention. The renovation also garnered features in Martha Stewart Living, the Wall Street Journal and several other magazines and papers.
READ MORE

Distinctive Homes

$4M Restored 19th Century Co-Op Boasts Exquisite Millwork

By Aisha Carter

A 19th century renovated co-op on the most coveted street in the East 70s has just popped up on the market, asking $3.95 million. This carefully restored apartment at 5 East 75th Street definitely has some dizzying wallpaper and way too many mirrors, but that’s all overshadowed by its gorgeous original details and magnificent views.
Take a look inside, here

Distinctive Homes

October 21, 2014

It’s Official: Jets Owner Woody Johnson Sells Fifth Avenue Co-op for a Record Setting $80M

By Dana Schulz

In addition to holding the record for highest purchase of a sports team in New York (he bought the Jets in 2000 for a whopping $635 million), Johnson & Johnson heir Woody Johnson now also holds the title for most expensive co-op ever sold in the city. His 11th/12th floor duplex at 834 Fifth Avenue has been […]

October 20, 2014

Palatial Co-op at the Sherry Netherland Reduces Price to $85 Million

By Aisha Carter

An influx of new property in Manhattan has made Liberty Travel founder Gilbert Haroche reconsider the hefty $95 million price tag for his 15-room co-op at the Sherry Netherland. Haroche had a similar change of heart a year ago, when he lowered the price to $88 million, however he quickly returned to his astronomical initial asking. Now, after sitting on the market for an entire two years, the sprawling simplex is available for a slightly less jaw-dropping $85 million.
Take a look inside, here

Distinctive Homes

October 10, 2014

NY Jets Owner’s Fifth Avenue Co-op Could Sell for a Record-Breaking $80M

By Diane Pham

Billionaire NY Jets owner, Woody Johnson is looking to break a record with the sale of his duplex at 834 Fifth Avenue. The unit, which was quietly being shopped around for $75 million, has gone into contract for $80 million. When closed, it will be the city’s most expensive co-op sale ever. This is clearly a billionaire’s game as […]

August 26, 2014

Everything Old Is New Again: The Rise, Fall, and Eventual Rise Again of Co-Op Living

By Lauren Price

The Rembrandt at 152 West 57th Street between Sixth and Seventh Avenues was built as Manhattan’s first co-op in 1881. Apartment ownership was already in fashion across the pond, particularly in France and Britain, but the concept of a resident-owned building was still an unknown to most of us. Developed by a syndicate led by Jared B. Flagg, a clergyman with an avid interest in real estate, and built by the notable architectural firm of Hubert & Pirsson, the group had come to the conclusion that potential buyers would be drawn to a building where they would have control over expenses. For instance, buying coal and ice in bulk in order to keep prices down, and hiring a full-time communal staff to take care of the owners’ laundry, cooking and the running the elevators. Built as a brick and brownstone building with terra-cotta trim and jerkin-head gable windows at the top, the unit mix—a result of an interlocking system of staggered floor heights to allow for very tall art studio spaces—included a few duplex apartments with as many as 12 rooms. Original brochure prices reportedly ranged between $4,000 and $5,000, with monthly maintenance as low as $50. Confident in the ultimate success of co-operative living, Mr. Flagg with Hubert & Pirsson continued to develop another six co-op projects that very same year.
The history of co-ops and their rise, fall, and rise again into popularity

June 6, 2014

Egypt’s Richest Man Scoops Up the City’s Most Expensive Co-op for $70 Million

By Diane Pham

David Geffen has been dethroned as the person to have spent the most on a co-op in NYC, ever. Egyptian billionaire, a.k.a. the richest man in Egypt, Nassef Sawiris closed on the pad at 960 Fifth Avenue this afternoon through a listing held by Brown Harris Stevens. The penthouse apartment was originally going for $65 million earlier this spring, but power brokers Mary Rutherfurd and Leslie Coleman of Brown Harris Stevens managed to squeeze an extra $5 million out of Sawiris in a bidding war. Funnily enough, 960 has been cited as one of the city's 'A-plus' buildings, and in 1997 a New York Times article wrote that most residents in the building "are worth over $100 million" and that apartments cost about $15 million — my how times have changed!
Take a look inside the opulent apartment here

Co-ops

Bruce Willis Is Back at It, Buys $17M Duplex at 271 Central Park West

Reduced! $125 Million Pierre Penthouse Now Asking Just $63 Million

Check Out the Rear…Garden of This Adorable $1.3M West Village Pad

Quintessential Soho Loft in the West Broadway Arches Asks $2M

Bruce Willis Lists Central Park West Apartment for $13M

On Sale Now: An Unofficial Black Friday Bargain Hunt!

Supermodel Gemma Ward Lists East Village Apartment for $2.25M

Debra Messing Buys $5.5M Upper East Side Apartment

Brighten Your Mood with this $4M Colorful Maria Brito-Designed Co-op

East Village Condo’s Celebrated Design Will Make Your Dreams Come True

$4M Restored 19th Century Co-Op Boasts Exquisite Millwork

It’s Official: Jets Owner Woody Johnson Sells Fifth Avenue Co-op for a Record Setting $80M

Palatial Co-op at the Sherry Netherland Reduces Price to $85 Million

NY Jets Owner’s Fifth Avenue Co-op Could Sell for a Record-Breaking $80M

Everything Old Is New Again: The Rise, Fall, and Eventual Rise Again of Co-Op Living

For $4M, a terraced Park Slope townhouse, ready for spring gardening

Egypt’s Richest Man Scoops Up the City’s Most Expensive Co-op for $70 Million

9 DeKalb Avenue in Downtown Brooklyn

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