Wall Street financier and big-time Democratic donor Roy Furman recently purchased a luxury apartment at the Time Warner Center for $9.89 million, according to city records.
The Time Warner Center features a state-of-the-art gym, 24-hour doorman and concierge service, valet parking and, of course, a giant Whole Foods downstairs. In addition to remarkable city views, the ritzy new building is only steps away from Central Park.
Mr. Furman is no stranger to bringing politics into his apartment buildings. During last year’s bitter Democratic primary, Mr. Furman was an early Howard Dean backer, as opposed to a couple of neighbors in his Park Avenue building. Laura Ross supported John Edwards, while Hassan Nemazee went with the eventual primary winner, John Kerry, according to New York magazine.
Whether he will find more political sympathy with his new neighbors-singer Ricky Martin, art collectors Susan A. Hancock and Raymond W. Otis, Saudi Prince Turki bin Khalid and financier David Martinez (who reportedly paid $42.25 million for two units, which he combined into a massive penthouse with 25-foot ceilings)-remains to be seen.
And, at any rate, it was unclear whether the Deaniac was planning to leave his Park Avenue apartment, or if his Time Warner purchase was an investment. (Mr. Furman didn’t return a call for comment before press time.)
A longtime investment banker, Mr. Furman joined Jefferies and Company as vice chairman in May 2001. In addition to the corporate world, Mr. Furman is also active in philanthropy, politics and the arts: He is chairman emeritus of the Film Society of Lincoln Center, vice president of the New York City Opera, and a financial supporter of the Democratic Party.
V Magazine executive editor Julie Anne Quay and Matthew Edmonds recently purchased an oversized Carnegie Hill condo for almost $7.5 million, according to deed-transfer records.
Ms. Quay was appointed to the top of the oversized fashion glossy in November 2004. She had previously worked at Richard Avedon’s studio and in Japanese Vogue’s New York office.
But before high-end buyers started grabbing full-floor apartments in the 10-story building at 91st Street, just off Madison Avenue, the locals brought out the torches to fend the monster off.
Woody Allen, amongst other wealthy neighbors, was very critical of the building’s height and filed suit; it was struck down by the state’s highest court in May 2004. So: There goes the neighborhood!
Woody Allen left after selling his 40-foot-wide Georgian townhouse for $24.5 million July 2004. He has since rented a place at Madison Avenue and 85th Street for $25,000 a month.
Ms. Quay was contacted about her purchase, but didn’t return calls for comment.
Recent Transactions in the Real Estate Market
Upper East Side
225 East 73rd Street Three-bedroom, three-bathroom co-op. Asking: $1.455 million. Selling: $1.465 million. Charges: $2,104; 43 percent tax-deductible. Time on the market: four months.
ROOMS OF ONE’S OWN A single writer was looking for a spacious new apartment, preferably close to her Upper East Side friends. Not content with one apartment, she scooped up two-a three-bedroom and a one-bedroom-that were listed on the Corcoran Group’s Web site. “As a combination, it is going to have two wood-burning fireplaces,” said Carole Healy, senior vice president of the Corcoran Group. “Most of the apartment is facing the street, so it is very sunny.” The buyer’s bright new combination apartment will have four bedrooms, along with hardwood floors, a modern kitchen and plenty of closets. It’s located in a prewar building that features a garden, courtyard, garden, roof deck and health club. Ms. Healy also found a rental apartment for the seller, a stockbroker, who is looking to downsize to a smaller apartment with outdoor space.