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	<title>Observer &#187; In Deed! Du Pont Kid&#8217;s New $1 M. Gramercy Pad </title>
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		<title>Observer &#187; In Deed! Du Pont Kid&#8217;s New $1 M. Gramercy Pad </title>
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		<title>In Deed! Du Pont Kid&#8217;s New $1 M. Gramercy Pad</title>

		<comments>http://observer.com/2010/07/in-deed-du-pont-kids-new-1-m-gramercy-pad/#comments</comments>
		<pubDate>Thu, 29 Jul 2010 14:52:47 -0400</pubDate>
					<link>http://observer.com/2010/07/in-deed-du-pont-kids-new-1-m-gramercy-pad/</link>
			<dc:creator>Amanda Julius</dc:creator>
				
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		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/260p11.png?w=224&h=300" />
<p class="MsoNormal">&mdash; The Du Pont dynasty has added a Park Avenue condo to its coffers and <strong>Jameson Du Pont</strong><span style="font-weight:normal">, the great&ndash;many times&ndash;granddaughter of Huguenot watchmaker Pierre Samuel, will evade the couch-surfing legacy that befalls her fellow New York City interns this summer. The Du Pont alternative to the traditional graduate dwelling is a $1.055 million Gramercy apartment at the exclusive 260 Park Avenue South. Ms. Du Pont co-signed the deed with her father, </span><strong>Reynolds Du Pont Jr.</strong><span style="font-weight:normal">, who resides on Fishers Island.</span></p>
<p class="MsoNormal">The Du Pont family, whose net worth amounts to some&nbsp;<a href="http://www.forbes.com/finance/lists/54/1998/LIR.jhtml?passListId=54&amp;passYear=1998&amp;passListType=Person&amp;uniqueId=4109&amp;datatype=Person">$13 billion</a>, once played a role in the Louisiana Purchase and currently includes or employs 25 percent of Delaware&rsquo;s state Legislature, according to <em><a href="http://www.time.com/time/magazine/article/0,9171,910188,00.html#ixzz0v39YNvJB">Time</a></em><span style="font-style:normal">. A number of subsidiaries of the 200-year-old Du Pont company&nbsp;are based in New York, where Ms. Du Pont, who has a master's in sports leadership, has been interning in communications for Right to Play, an international non-profit organization that promotes sport as a means to social development.</span></p>
<p class="MsoNormal"><span lang="EN-US">Purchased from Diana Lugazzo, vice president of marketing at Calvin Klein, Ms. Du Pont&rsquo;s new home is, according to an exaltation of a writeup at <em><a href="http://realestate.nytimes.com/rentals/detail/46-1250033/260-Park-Avenue-South-New-York-NY-10010">The New York Times</a></em></span><span lang="EN-US">,<em> </em></span><span lang="EN-US">located in "arguably the chicest building on Park Ave South.&rdquo; The listing also makes mention of a keypad system in each room of the apartment which allows streaming of an iPod playlist "at the touch of a button," and pictures show a sizeable bedroom and a bright, open-plan living room at the corner of the building. </span><span lang="EN-US"><a href="http://ny.curbed.com/marketplace/rentals/32089">Further selling points</a></span><span lang="EN-US">: the lobby apparently "resembles an art gallery" while the bedroom has "a California Closet wardrobe system." And who can live without one of those?</span></p>
<p class="MsoNormal"><span lang="EN-US"><a href="mailto:ajulius@observer.com"><em>ajulius@observer.com</em></a></span></p>
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]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/260p11.png?w=224&h=300" />
<p class="MsoNormal">&mdash; The Du Pont dynasty has added a Park Avenue condo to its coffers and <strong>Jameson Du Pont</strong><span style="font-weight:normal">, the great&ndash;many times&ndash;granddaughter of Huguenot watchmaker Pierre Samuel, will evade the couch-surfing legacy that befalls her fellow New York City interns this summer. The Du Pont alternative to the traditional graduate dwelling is a $1.055 million Gramercy apartment at the exclusive 260 Park Avenue South. Ms. Du Pont co-signed the deed with her father, </span><strong>Reynolds Du Pont Jr.</strong><span style="font-weight:normal">, who resides on Fishers Island.</span></p>
<p class="MsoNormal">The Du Pont family, whose net worth amounts to some&nbsp;<a href="http://www.forbes.com/finance/lists/54/1998/LIR.jhtml?passListId=54&amp;passYear=1998&amp;passListType=Person&amp;uniqueId=4109&amp;datatype=Person">$13 billion</a>, once played a role in the Louisiana Purchase and currently includes or employs 25 percent of Delaware&rsquo;s state Legislature, according to <em><a href="http://www.time.com/time/magazine/article/0,9171,910188,00.html#ixzz0v39YNvJB">Time</a></em><span style="font-style:normal">. A number of subsidiaries of the 200-year-old Du Pont company&nbsp;are based in New York, where Ms. Du Pont, who has a master's in sports leadership, has been interning in communications for Right to Play, an international non-profit organization that promotes sport as a means to social development.</span></p>
<p class="MsoNormal"><span lang="EN-US">Purchased from Diana Lugazzo, vice president of marketing at Calvin Klein, Ms. Du Pont&rsquo;s new home is, according to an exaltation of a writeup at <em><a href="http://realestate.nytimes.com/rentals/detail/46-1250033/260-Park-Avenue-South-New-York-NY-10010">The New York Times</a></em></span><span lang="EN-US">,<em> </em></span><span lang="EN-US">located in "arguably the chicest building on Park Ave South.&rdquo; The listing also makes mention of a keypad system in each room of the apartment which allows streaming of an iPod playlist "at the touch of a button," and pictures show a sizeable bedroom and a bright, open-plan living room at the corner of the building. </span><span lang="EN-US"><a href="http://ny.curbed.com/marketplace/rentals/32089">Further selling points</a></span><span lang="EN-US">: the lobby apparently "resembles an art gallery" while the bedroom has "a California Closet wardrobe system." And who can live without one of those?</span></p>
<p class="MsoNormal"><span lang="EN-US"><a href="mailto:ajulius@observer.com"><em>ajulius@observer.com</em></a></span></p>
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<p>&nbsp;</p>
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