New York’s most expensive homes sold in June

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New York City’s biggest deals so far this year closed in June, with an anonymous buyer paying a total of $ 157.5 million for two full floors at the expensive 220 Central Park South.

The buyer, whose identity was withheld by limited liability company Chancery Lane, purchased the 60th floor for $ 82.5 million and the above unit for $ 75 million, according to city property records, likely to be combined. Both were resales.

Also at the limestone skyscraper, located near Columbus Circle in Midtown: A sponsor apartment on the entire 67th floor has been acquired for $ 59.5 million, and a half floor on the 36th floor, another resale, sold for $ 23 million.

All of the resales of the near-sold out condominium complex – four have closed to date – have been purchased at a price higher than their original purchase price, a clear indication that the apartments may hold their value (and more), even for long. a pandemic. (The first resale, in May, sold 23% more.) The same can’t be said for some other upscale buildings, like One57, the glassy blue skyscraper at 157 West 57th Street on the row billionaires, where units sold at significant discounts from the original purchase price.

“This is probably because of the quality of the construction and the direct proximity to Central Park,” said appraiser Jonathan J. Miller of the 220 Central Park South resale. “Development is more about Central Park than the row of ‘billionaires’. “

Other notable closures in June took place downtown. In Greenwich Village, the estate of Bruce Davis, a personal injury attorney and television pitchman for 1-800-LAWYERS, has sold his townhouse. And Steve Ells, the founder of Chipotle Mexican Grill, sold his penthouse to Swiss chef Daniel Humm. In SoHo, hotelier André Balazs has finally found a buyer for his apartment.

On the Upper West Side, actor and singer Patina Miller and her husband, David Mars, a venture capitalist, bought a brownstone. Actress Cynthia Nixon and his wife, Christine Marinoni, a leading activist, have bought a townhouse in Kips Bay.

And in another of the month’s over $ 50 million deals, real estate investor David Levinson and his wife, Simone Levinson, sold their townhouse near Central Park on the Upper East Side.

At 220 Central Park South, each of the three full-story apartments sold in June covers 5,935 square feet and includes four bedrooms, five full bathrooms, two powder rooms and two 48-square-foot balconies, according to the latest offering plan. The most expensive of these units, # 60, also featured a 545 square foot studio on the 18th floor.

The 2,455 square foot half-story apartment has two bedrooms and two and a half bathrooms.

Sellers on the 60th and 61st floors, both using limited liability companies, profited greatly, according to real estate records, with the lower level closing in April 2020 at $ 50.9 million and the other upper floor in March 2020 at $ 51.4 million. The anonymous seller of the 36th floor unit also made a profit, having paid $ 21.9 million for the apartment in October 2019.

The Central Park South condominium is the most expensive residential building in the city and arguably the most profitable in the world. Sales topped $ 2.86 billion in April 2021, according to the last financial statement of the promoter, Vornado Realty Trust, and 91 percent of the units have been sold. This includes the most expensive single-family residence in the country: four complete floors purchased by hedge fund manager Kenneth C. Griffin in early 2019 for almost $ 240 million.

On the Upper East Side, the Levinsons sold their townhouse at 11 East 69th St., near Fifth Avenue in the Lenox Hill neighborhood, for $ 53.5 million. They bought the building in 2004 for $ 9.5 million of the nonprofit American Friends of the Hebrew University.

The six-story limestone building, which has undergone extensive renovations, was erected in the 1920s and once served as a residential building. It has approximately 16,352 square feet of interior space.

The new owner used the entity Acuspi No. 1 Ltd. in the transaction.

Estate of Mr. Davis sold his brick townhouse at 25 West 10th Street, near Fifth Avenue, for $ 19 million. The five-story, 25-foot-wide Greek Revival building has a classic front porch and plenty of outdoor space. There is a roof terrace, a 25 by 28 foot rear garden and terraces in the living room and on the fourth floor.

The interior measures 7,457 square feet and has eight bedrooms, plus an office that could be converted into another bedroom; seven full bathrooms; two shower rooms; and seven fireplaces.

The buyer called on SARL La Maison Des Fruits.

Mr Davis, who died in 2018, bought the house in 1996 for $ 1.9 million. It was first listed for $ 25 million in March 2020.

At the street corner, at 40 Fifth Avenue and 11th Street, the penthouse sold by Mr. Ells, for $ 14.5 million, was the most expensive cooperative transaction of the month. Mr Ells, who founded Chipotle in 1993 and served as its chief executive until 2017, had paid $ 11 million for the unit at the end of 2009.

The penthouse, one of three in the limestone and brick building, has four bedrooms, four bathrooms and a wood-burning fireplace.

The new owner, Mr. Humm, the chef, is now a few blocks away from his restaurant, Eleven Madison Park, near Madison Square Park, which recently reopened with an all-vegan menu.

The apartment sold by Mr. Balazs is on the 10th floor of the New Museum Building, at 158 ​​Mercer Street, between Houston and Prince Street. (Another address is 583 Broadway.) The closing price was almost $ 10.4 million.

Mr. Balazs has developed numerous hotels, including the Chateau Marmont in Los Angeles and the Mercer Hotel in New York. He bought the SoHo home for almost $ 5.8 million in 2003. The property has been on and off the market since 2006; last year it was listed for up to $ 12 million.

The 4,200 square foot unit contains four bedrooms, one of which is used as an office and another as a gym; two and a half bathrooms; a large room with fireplace; and a laundry room. The parental suite has a huge dressing room and a separate dressing room.

The buyers were listed as David Barry, president of Ironstate Development, and his wife, Kyra Barry, who served as a team leader for the United States Women’s National Wrestling Team.

Mrs. Miller and Mr. Mars bought a brownstone on West 75th Street for $ 10.5 million. The seller, identified as Amy Diane Connor, effected the transaction through a trust; she had listed the house for just under $ 12 million.

The neo-Renaissance style house, 22 feet wide and five stories high, covers approximately 9,800 square feet and has a complete and finished basement. There is also a large outdoor space which includes terraces on the roof and next to the family room on the fourth floor, as well as a back patio on the main floor.

The house has seven bedrooms and eight bathrooms.

Ms. Miller won a Tony Award for Best Actress in the Broadway Musical “Pippin” and also appeared as Commander Paylor in the “Hunger Games” films. Mr. Mars is a partner of venture capital firm White Owl Capital Partners and founder of Windstream Energy, specializing in wind energy.

Ms. Nixon and Ms. Marinoni paid $ 4.4 million, full asking price, for a townhouse on East 32nd Street, between Third and Second Avenues.

The four-story building, which totals 3,984 square feet of interior space, is currently divided into three apartments. The owner’s unit on the first two floors has two bedrooms with en-suite bathrooms on the living room level, and on the lower garden level is a bathroom, kitchen, dining room and large living room. with a fireplace that opens onto a 19 foot rear garden.

Each of the other two apartments has two bedrooms and a bathroom.

Ms Nixon, best known for her role as lawyer Miranda Hobbes on the “Sex and the City” television series, was hoping to move into the New York governor’s mansion in Albany. She lost the Democratic primary to incumbent Andrew M. Cuomo three years ago. Ms. Marinoni is an activist for LGBTQ rights and quality education.

And in the end of the month fences, actor and singer Linda Lavin and her husband, Steve Bakunas, also actor and musician, were awarded $ 1.09 million for their one-and-a-half-bath co-op at 200 Central Park South. The couple had paid $ 949,000 for the unit in 2008.

Tony Award-winning Ms. Lavin is best known for her role on the television sitcom “Alice”.

The buyers were Howard and Irina Smulewitz.

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