New York filmmaker Woody Allen put his duplex penthouse at 930 Fifth Avenue near 74th Street on the market for $15 million during the second week of July, according to brokers familiar with the apartment.
Mr. Allen, 63, and his wife, Soon-Yi Previn, 28, who recently became the parents of Bechet Dumaine Allen, simply needed more room for their daughter, real estate sources said. “They would have to redo the whole thing to make it child-friendly,” one broker said. In its current configuration, the 4,000-square-foot space has only one bedroom, a master suite on the upper floor. There’s also a television room, living room, dining room, library and 3,500-square-foot terrace overlooking Central Park.
Built in 1940, No. 930 is not considered one of the preferred Upper East Side co-ops–some brokers even consider it to be postwar in style–but the monthly maintenance fees ($6,600 in Mr. Allen’s case) are reminiscent of Manhattan’s toniest residential towers. The exterior space may offer a clue to the penthouse’s eye-popping price tag. “It does have an incredible terrace,” said a broker familiar with the apartment.
Mr. Allen and family are rumored to be shopping around Carnegie Hill, possibly for a town house in the low East 90’s, in close proximity to Manhattan’s best private schools.
UPPER EAST SIDE
THE $1.9 MILLION APARTMENT HILLARY CLINTON COULDN’T HAVE. After four years of owning a third-floor co-op at the Park Cinque, 785 Fifth Avenue, husband and wife filmmakers Barbara Broccoli and Fred Zollo decided to put their 3,600-square-foot apartment on the market for $1.995 million in late June. A scant three weeks later, they were enmeshed in a three-way bidding war during which they received inquiries from a friend of First Lady Hillary Rodham Clinton, whose seemingly interminable real estate search had returned, if only briefly, to Manhattan after weeks of buzz about a move to Westchester County.
Mrs. Clinton, whose real estate probe is being advised by Brown Harris Stevens broker Kathy Sloane, White House social secretary Capricia Marshall and a small cadre of personal friends, had apparently gotten wind of the Fifth Avenue property just days before it went into contract. “Brown Harris Stevens wanted her to see it, but it was too late,” said a broker with knowledge of the Clinton inquiry, which came in the form of a phone call on July 15 to London, where Ms. Broccoli was overseeing a film shoot.
Unfortunately, the Broccoli domain–two separate and uncombined apartments occupying the entire third floor of the building–had gone into contract that very day. The five-bedroom, 4.5-bath spread went into contract with a financial executive and his wife who emerged victorious in the bidding after offering $2.1 million, according to real estate sources familiar with the deal, which is expected to become final in August.
Ms. Broccoli is the 39-year-old daughter of Albert (Cubby) Broccoli, who in 1962 created the James Bond movie series and continued producing films until his death in 1996. She has continued her father’s work, producing more recent Bond films, including Tomorrow Never Dies and The World Is Not Enough , which is due to be released in November. Her husband, Fred Zollo, produced Quiz Show and Hurlyburly . The couple bought the two apartments in 1995 with the intention of combining them, but never did–despite hiring an architect to plan the renovations.
“The buyer may go through with the plan,” said Sarit Shmueli, the Corcoran Group broker who represented the sellers. She refused to comment further on the deal.
17 East 97th Street
Three-bed, two-bath, 1,900-square-foot prewar co-op.
Asking: $750,000. Selling: $670,000.
Charges: $1,082; 50 percent tax-deductible.
Time on the market: two weeks.
COUPLE HIP-CHECKS OWNER INTO MASSACHUSETTS RETIREMENT. An Italian man and his hockey-playing wife, both bankers, were intrigued by this turn-of-the-century apartment on the corner of Madison Avenue. They had been living in a Carnegie Hill rental with their two kids and wanted to stay in the neighborhood, where the kids could attend swanky private schools and Central Park was available for mom’s practice sessions. This apartment on East 97th Street near Fifth Avenue had been inhabited for 35 years by a woman who was in the midst of building her retirement dream home on the Massachusetts coast. She was willing to negotiate, so the couple nabbed the place for $670,000–$80,000 off the asking price and an unheard-of deal for a prewar apartment with three-bedroom so close to Fifth. Broker: William B. May Company (Silvana Mander and
153-155 East 61st Street
Five-story town house.
Asking: $4.6 million. Selling: $3.75 million.
Time on the market: three months.
FLIPPING BUILDINGS FOR A LIVING. Last year, Joseph Moinian, a real estate investor, spent $3.7 million for two different town houses between Lexington and Third avenues: No. 153-155, a double-width building with seven rental tenants, and No. 157 next door. This spring, finding himself $263,000 richer from the rent he’d been collecting, Mr. Moinian decided to sell No. 153-155. Although his asking price proved a little too ambitious–especially for a buyer uninterested in the landlord’s lot–he made off with $50,000 more than the cost of both buildings, and still had the potential cash cow next door. Since the buyer intends to renovate the town house into a single-family dwelling, some of Mr. Moinian’s old tenants will be on the streets as soon as their leases expire. Broker: Massey Knakal Realty (Robert Knakal).
211 East 53rd Street (Hawthorne)
Two-bed, two-bath, 1,300-square-foot postwar cond-op.
Asking: $450,000. Selling: $415,000.
Charges: $1,401; 55 percent tax-deductible.
Time on the market: two weeks.
CHASE BANKER LURED INTO $415,000 ‘PHOTO SHOOT.’ Broker Marlene Steiner thought her client was doing her a favor by looking at this apartment. She had been shlepping around with a Chase banker in his 30’s looking for his first home. (Before he decided to move, he had been living with three roommates in northern New Jersey, where, as Ms. Steiner put it, “he had, like, a mattress. And that was it.”) The day Ms. Steiner got the exclusive right to sell this apartment–a former corporate pied-à-terre –she asked the banker to accompany her on a quick photo shoot. The minute they got inside, he was enchanted. “He was with a friend,” remembers Ms. Steiner, “and he sat down, and said, ‘This is nice. What’s wrong with this?'” Since the banker had been looking in a lower price range, she was astonished at his interest–but not about to quash it. The banker made an offer on the spot, and though it took some rounds of negotiating, he wound up with two bedrooms, two baths and even the furniture. Broker: Corcoran Group (Marlene Steiner).
UPPER WEST SIDE
200 Riverside Boulevard (Trump Place)
One-bed, 1.5-bath, 1,050-square-foot condo.
Asking: $465,000. Selling: $465,000.
Charges:$521. Taxes: $16.
Time on the market: two weeks.
TRUMP’S MODEL RIVERSIDE SOUTH TENANT: SHE CAN COOK. Norma Jane Darden, a Wilhelmina model-cum-caterer, is a pioneer in Donald Trump’s newest residential domain, a supposedly six-building complex between West 66th and West 72nd streets at the Hudson River. Only two buildings have been erected so far, a rental building and this condominium at 200 Riverside Boulevard. Ms. Darden, who has served up her Southern-style cuisine from her restaurant on 110th Street and Columbus Avenue, Miss Mamie, to such celebrities as boxer Mike Tyson (who “has to mend his ways,” she said), Bill Cosby and Whitney Houston, spent eight months looking for just the right place. Her main requirement: a pool. “I keep joining gyms and never getting there,” said Ms. Darden, who looked at some 15 gym- and pool-equipped properties before settling on this one, for which she left a deposit the day she saw it. Not only does the building have the desired workout facilities, Ms. Darden won’t be that far from Spoonbread, her catering business from which she’ll be feeding guests of the upcoming wedding of rapper Pepa. Broker: Bellmarc Realty (Deanne Esses) and Marketing Directors Inc. (Linda Ann Bocchini)
32 Gramercy Park South
One-bed, one-bath, 750-square-foot co-op.
Asking: $350,000. Selling: $350,000.
Charges: $1,150; 54 percent tax-deductible.
Time on the market: one day.
ONE MORE REASON TO BLAME CON ED. A steam-pipe explosion spread asbestos throughout 32 Gramercy Park South and neighboring buildings in 1989. According to Chris Leavitt, a broker who has sold 30 units here, properties in the co-op were selling as cheaply as $30,000 just after the blast, a Con Edison accident that took months to clean up. Even last year, Mr. Leavitt sold this apartment, which was in poor condition, for $175,000; the couple who bought it got such a deal, they didn’t sweat putting $100,000 into a renovation that rendered them a brand-new kitchen, a larger bathroom and a stylish Italian décor. Still, the couple really wanted more space, so they just sold the apartment for $75,000 in profit to an investment banker and an art dealer, who can now save themselves the headache of finding a contractor. Broker: Corcoran Group (Chris Leavitt).