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	<title>Observer &#187; De Montebello Sells East Side Co-op for $2.1 M., But Stays in Met&#039;s Neighborhood</title>
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		<title>Observer &#187; De Montebello Sells East Side Co-op for $2.1 M., But Stays in Met&#039;s Neighborhood</title>
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		<title>De Montebello Sells East Side Co-op for $2.1 M., But Stays in Met&#039;s Neighborhood</title>

		<comments>http://observer.com/2008/07/de-montebello-sells-east-side-coop-for-21-m-but-stays-in-mets-neighborhood/#comments</comments>
		<pubDate>Tue, 01 Jul 2008 23:06:05 -0400</pubDate>
					<link>http://observer.com/2008/07/de-montebello-sells-east-side-coop-for-21-m-but-stays-in-mets-neighborhood/</link>
			<dc:creator>Max Abelson</dc:creator>
				
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		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/transfers_philippe-de-monte.jpg?w=300&h=152" />The fact that imperial Metropolitan Museum of Art director <strong><span style="letter-spacing: -0.1pt;font-family: 'Exchange Text Bold'">Philippe de Montebello</span></strong><span style="letter-spacing: -0.1pt"> is ending his 31-year tenure in just a few months is bad enough for the Upper  East Side’s delicate collective psyche. But what would happen to the neighborhood’s sense of nobility if the molasses-voiced descendent of Napoleonic aristocracy (and, on his mother’s side, of the Marquis de Sade) actually moved away?</span>
<p class="text">According to city records, Mr. de Montebello and his wife, <strong><span style="font-family: 'Exchange Text Bold'">Edith</span></strong>, director of financial aid at the Trinity  School, sold their two-bedroom co-op at <strong><span style="font-family: 'Exchange Text Bold'">25 East 86th Street</span></strong> this month for <strong><span style="font-family: 'Exchange Text Bold'">$2.195 million</span></strong>.</p>
<p class="text">The buyer is graphic designer <strong><span style="font-family: 'Exchange Text Bold'">Holly Okner</span></strong>, whose father happens to be the investor Peter A. Aron, the chairman of the South Street  Seaport Museum from 1987 to 2000.</p>
<p class="text"><span style="letter-spacing: -0.1pt">A Met spokesman wouldn’t comment on the deal, except to say the director has moved to another apartment a few blocks up: “From what I know, Philippe de Montebello would never dream of being far from the Met, and we’re all glad to know he’s going to be in the neighborhood.”</span></p>
<p class="text"><span style="letter-spacing: -0.25pt">“You can’t write about that,” the listing broker, </span><strong><span style="letter-spacing: -0.25pt;font-family: 'Exchange Text Bold'">Suzanne Sealy</span></strong><span style="letter-spacing: -0.25pt">, told this reporter. “I can’t say anything. No comment.” According to her listing, the apartment has a herringbone-floored foyer, a living room with a wood-burning fireplace, and a “formal dining room, great for entertaining.” </span></p>
<p class="text"><span style="letter-spacing: -0.1pt">On the downside, the place has only 1,500 square feet. “The point of the move,” a source explained, “is that as he moves into retirement, he wanted a place that was larger and has a more copious home office.” After all, Mr. de Montebello still has work to do: When he’s replaced at the Met, he becomes a professor of museum history and culture at New York University. </span></p>
<p class="text">Incidentally, Met chairman James R. Houghton got $4.9 million when he sold his apartment at the Majestic earlier this year. “There are things called hotels,” he told <em>The Observer</em>, playing down the importance of real estate deals. “I’ve stayed at the Four Seasons, but I’m also a member of the Harvard Club and the University Club.”</p>
<p style="text-align: left" class="emailtagline" align="left"><em>mabelson@observer.com</em></p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/transfers_philippe-de-monte.jpg?w=300&h=152" />The fact that imperial Metropolitan Museum of Art director <strong><span style="letter-spacing: -0.1pt;font-family: 'Exchange Text Bold'">Philippe de Montebello</span></strong><span style="letter-spacing: -0.1pt"> is ending his 31-year tenure in just a few months is bad enough for the Upper  East Side’s delicate collective psyche. But what would happen to the neighborhood’s sense of nobility if the molasses-voiced descendent of Napoleonic aristocracy (and, on his mother’s side, of the Marquis de Sade) actually moved away?</span>
<p class="text">According to city records, Mr. de Montebello and his wife, <strong><span style="font-family: 'Exchange Text Bold'">Edith</span></strong>, director of financial aid at the Trinity  School, sold their two-bedroom co-op at <strong><span style="font-family: 'Exchange Text Bold'">25 East 86th Street</span></strong> this month for <strong><span style="font-family: 'Exchange Text Bold'">$2.195 million</span></strong>.</p>
<p class="text">The buyer is graphic designer <strong><span style="font-family: 'Exchange Text Bold'">Holly Okner</span></strong>, whose father happens to be the investor Peter A. Aron, the chairman of the South Street  Seaport Museum from 1987 to 2000.</p>
<p class="text"><span style="letter-spacing: -0.1pt">A Met spokesman wouldn’t comment on the deal, except to say the director has moved to another apartment a few blocks up: “From what I know, Philippe de Montebello would never dream of being far from the Met, and we’re all glad to know he’s going to be in the neighborhood.”</span></p>
<p class="text"><span style="letter-spacing: -0.25pt">“You can’t write about that,” the listing broker, </span><strong><span style="letter-spacing: -0.25pt;font-family: 'Exchange Text Bold'">Suzanne Sealy</span></strong><span style="letter-spacing: -0.25pt">, told this reporter. “I can’t say anything. No comment.” According to her listing, the apartment has a herringbone-floored foyer, a living room with a wood-burning fireplace, and a “formal dining room, great for entertaining.” </span></p>
<p class="text"><span style="letter-spacing: -0.1pt">On the downside, the place has only 1,500 square feet. “The point of the move,” a source explained, “is that as he moves into retirement, he wanted a place that was larger and has a more copious home office.” After all, Mr. de Montebello still has work to do: When he’s replaced at the Met, he becomes a professor of museum history and culture at New York University. </span></p>
<p class="text">Incidentally, Met chairman James R. Houghton got $4.9 million when he sold his apartment at the Majestic earlier this year. “There are things called hotels,” he told <em>The Observer</em>, playing down the importance of real estate deals. “I’ve stayed at the Four Seasons, but I’m also a member of the Harvard Club and the University Club.”</p>
<p style="text-align: left" class="emailtagline" align="left"><em>mabelson@observer.com</em></p>
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