Broadway producer Jimmy Nederlander Sr. and his wife Charlene have sold their three-bedroom condo at 515 Park Avenue for $9.7 million, $1.2 below the original listing price.
“It had a Georgian, French, theatrical feeling,” said Carleton Varney, the president of Dorothy Draper & Company, of the apartment. For two years before the Nederlanders moved in, around 1996 to 1997, Mr. Varney redesigned the apartment with Ms. Nederlander. It was featured in Architectural Digest, he pointed out, in February 2002.
“The dining room became a library, because they didn’t want a full dining room. They never entertained that way,” he said. “And we took down the wall between the second bedroom and the library, to make it one big bedroom for Mr. Nederlander.”
His bathroom, said Mr. Varney, was wallpapered with laminated Playbills from his hit shows, like Annie and Woman of the Year, starring Lauren Bacall.
In this deal, however, Mr. Nederlander took an uncharacteristic dive.
They may have been anxious to unload the place, given their March purchase of investor Michael Price’s 4,500-square-foot apartment at 838 Fifth Avenue. They paid $13.47 million for the condo, one floor above designer Thomas Sandell’s, a bargain next to the $17.9 million asking price from December 2003.
“They didn’t want to maintain the apartment,” said broker Eva Mohr, a senior vice president of Sotheby’s. “I guess it didn’t matter to them; the people made an offer and they said, ‘That’s it.’”
The couple will be leaving behind a “very dramatic” apartment. “There was no vestibule—you walked directly into the apartment,” said Ms. Mohr. “That’s the way the missus designed it. She didn’t want a hallway going to the front door. While you’re standing in the elevator, you put the key into the apartment door!”
Before moving in at 515, the couple had lived across the street at 510.
But when Jimmy’s brother Robert moved in a floor above with his wife Gladys, Charlene reportedly asked that she not go by the family name. A feud between the sisters-in-law reportedly erupted as a result. Mr. Nederlander, reached through his office, declined to comment for this story.
Since then, 515 Park has become home to moguls like music executive L.A. Reid and Christie’s owner François Pinault, who sold his duplex for $25 million late last year. And the former apartment of disgraced Turkish businessman Cem Uzan is currently on the market for $10.995 million.
The Nederlanders’ $9.7 million sale includes a storage space and a maid’s studio. According to Ms. Mohr, that small apartment’s views of 60th Street make it chic enough for an overnight guest.
“I’m amazed they sold it for that little!” said Mr. Varney. “It’s cheaper than a ticket to a Nederlander show.”
Aby’s Friends Buy In at Loft 67
After more than a year and a half on the market, three of the five floor-wide apartments at 219 East 67th have been sold at near-million-dollar discounts.
The building between Second and Third avenues had been the Christie’s East auction house since 1978, but was sold to developers RFR Realty and Shahab Karmely in 2002. Because of its full-floor raw spaces, it has been marketed as Loft 67.
David Blitzer, a senior managing director of the colossal Blackstone Group, grabbed the 5,886-square-foot penthouse for $9.414 million. The apartment was first listed in October 2004 at $10.4 million.
Each of the five apartments has its own private balcony, though only Mr. Blitzer’s has a 3,650-square-foot rooftop terrace.
“I’m hoping to put a pool up there,” he said from Blackstone’s London offices. “And a gym, and a kids’ playground.” (Mr. Blitzer and his wife have four children.) “You know, fun stuff!”
Michael and Kris Fuchs paid $5.5 million for the fourth-floor apartment, which was originally $6.3 million. Mr. Fuchs and mogul Aby Rosen are the principles of RFR Holdings, which owns Loft 67 along with Lever House and the Seagram Building. They could not be reached through their assistant.
Mr. Karmely said that a fourth apartment has also been sold, though the city-transfer report could not be found.
As for the second floor: Mr. Naumann paid $4.5 million, $900,000 below the original asking price. He will move there in a few months from Irvington, N.Y., where his house is on the market for $3.95 million.
In June 2003, Mr. Naumann pleaded guilty to allowing buyers to avoid the sales tax on two transactions, paying a $500,000 fine. “I violated a law and I sure as hell paid for it, man. Of course, everybody violated it—especially the clients,” he said. “I was an idiot. But so was every other dealer.”
Mr. Naumann’s eponymous gallery is at 22 East 80th, a building owned by Mr. Karmely.
Over a year ago, when Mr. Naumann re-signed his lease on 80th Street, he still wasn’t sure if he wanted to move the gallery to the then-unfinished loft.
So “I had written in that my lease disappears with no penalty if I moved to East 67th. But I never needed to do it—when I saw the space all empty, I fell in love with it. And I kept both places.”
Did he go through Mr. Karmely to get the floor-wide apartment? “Directly!” the developer said. “The savings were passed on to him. No broker.”
Corcoran senior vice president Carrie Chiang is Loft 67’s general salesperson. “Corcoran is the on-site agent for the building,” she said when asked about the Naumann and Fuchs sales, but she would not elaborate.
Mr. Naumann will be preserving his apartment’s raw space. “You walk out of the elevator and you’re going to see a massive, expansive floor,” he said. Fifty-foot spans of structural beams allow the building to stand without pesky columns.
The art dealer’s walls will be decorated with his private collection of Dutch, Flemish and Italian old masters. As for the furniture and décor: “What I really like is Pottery Barn, Crate and Barrel. I can’t help it—I really like them! I come from this old world, and making the transition to this 1950’s [style], it looks plastic and atrocious. All those golds and oranges—I can’t go there that fast.”
A sleeker touch is the building’s underground car park. It’s remote-controlled, like the apartment’s lighting, shower and heat systems.
“I’m hoping it’ll be the most wired apartment in New York,” Mr. Blitzer said. “Tech’d-out, automated everything.” He’ll have to wait: The penthouse renovations will take a full year.
Then there’s the first-floor, 2,600-square-foot retail space, which is now empty. Ms. Chiang said there was an offer for a high-end male spa salon, though it wasn’t accepted.
However, there is a lobby with 20-foot ceilings and limestone walls, plus an elevator vestibule with “floating” glass floors. “A little Zen garden is beneath it,” Mr. Karmely said, explaining that the white stones came from the Buddhist retreat next-door.
“These are going to be signature apartments,” he said.
Eve Weinstein’s In at 1133 Park
Eve Weinstein, who divorced movie mogul Harvey Weinstein in 2004, has bought herself a full-floor co-op at 1133 Fifth Avenue for $10.4 million.
But she has yet to sell her 88 Central Park West duplex, transferred to her name after the divorce. It has been on the market for $25 million since February.
Ms. Weinstein’s new bachelorette pad, between 94th and 95th, was bought from financier Lee Fensterstock and his wife Ann, an art historian. The couple reportedly decorated their two daughters’ playroom with a pair of Warhols. (Plus, sales photographs show a hefty Chuck Close self-portrait.)
Better yet, Ms. Weinstein’s Central Park West duplex boasted a 35-millimeter screening room, armed with Dolby sound, among its 15 rooms. Sadly, the new co-op only has 11, though as recompense there are park views from four of the rooms, including the master bedroom and wood-paneled library.
A broker who saw the apartment twice, but was not involved in this sale, said it looked as if it had been renovated within the last year or two.
Ms. Weinstein did not return calls to her office. Sotheby’s Leila Stone represented 1133 Fifth, but said she couldn’t discuss it. And John Sheets, the Brown Harris Stevens broker listing 88 C.P.W., is away on vacation.
Will Mr. Sheets and Ms. Weinstein get their $25 million asking price? There is stiff competition: Earlier this month, Sting and Trudie Styler put their 18-room duplex there on the market for only $24 million.
Sting and Ms. Weinstein will be leaving behind neighbors like Oxygen Media founder Geraldine Laybourne, playwright Sallie Bingham and philanthropist Laurie Tisch Sussman, daughter of Preston Robert Tisch.
As for Mr. Weinstein: He’s moved to a $6.8 million condo on Spring Street. And he’s renovating a West Village townhouse that he bought this year for $14.95 million.