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	<title>Observer &#187; In Deed! From Gere to Greenwich for Power Buyers; Frankenstein Departs UWS </title>
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		<title>Observer &#187; In Deed! From Gere to Greenwich for Power Buyers; Frankenstein Departs UWS </title>
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		<title>In Deed! From Gere to Greenwich for Power Buyers; Frankenstein Departs UWS</title>

		<comments>http://observer.com/2010/11/in-deed-from-gere-to-greenwich-for-power-buyers-frankenstein-departs-uws/#comments</comments>
		<pubDate>Wed, 03 Nov 2010 12:54:29 -0400</pubDate>
					<link>http://observer.com/2010/11/in-deed-from-gere-to-greenwich-for-power-buyers-frankenstein-departs-uws/</link>
			<dc:creator>Laura Kusisto</dc:creator>
				
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		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/405thave.jpg?w=253&h=300" />-- A mysterious New York couple are snapping up fabulous properties<strong>. Kelly Granat </strong><span style="font-weight: normal">and </span><strong>Susan Boland </strong><span style="font-weight: normal">have just purchased a $2.8 million apartment at 40 Fifth Avenue. The apartment isn&rsquo;t listed, but by <a href="http://www.cityrealty.com/nyc/manhattan/40-fifth-avenue/5358">some reports</a> it is the "most elegant building on lower Fifth Avenue."&nbsp;</span>Still, there's no way the Granat-Boland duo will be able to top their previous $5.9 million purchase of Richard Gere&rsquo;s Hamptons haunt. The holiday retreat, which the couple scored for a mere third of the asking price, includes 1.2 acres and a heated pool.</p>
<p class="MsoNormal">Who are these power buyers with a taste for fine real estate, you ask? Ms. Boland is a senior marketing exec, whose clients include Citibank and Marriott. Ms. Granat, a Harvard MBA, works for a Connecticut-based hedge fund.</p>
<p class="MsoNormal">-- A society power couple has sold their Upper West Side residence for $1.095 million. The name on the deed is <strong>Barbara Olcott</strong><span style="font-weight: normal">, one half of the society power duo that also includes her husband </span><strong>Emery Olcott</strong><span style="font-weight: normal">. Mr. Olcott is the former chief exec of Canberra industries, a prominent nuclear company and the couple are also co-producers of <em>Frankenstein: The Musical</em>. That's an eerie combo of credentials if there ever was.</span></p>
<p class="MsoNormal">--<strong> Annette Temstet</strong><span style="font-weight: normal">, the owner of Premier Realty Management, has scored an unlisted Lenox Hill apartment for $3.3 million. The savvy Ms. Temstet will enjoy a 14<sup>th</sup>-floor spot in the Azure. Those in search of a sparkling Lenox Hill residence need not fear: the penthouse is still on the market for a cool $11.37 million.</span></p>
<p class="MsoNormal">--<strong> Earl E.T. Smith Jr</strong><span style="font-weight: normal">., the son of a former ambassador to Cuba, has purchased a $1.4 million apartment at 47 East 67<sup>th</sup> Street. Mr. Smith Jr. is one of the many descendants of the very-late Cornelius Vanderbilt. He must have inherited some of the family business sense, given that he scored the apartment for $200,000 under the asking price.</span></p>
<p class="MsoNormal">-- Warburg broker <strong>Jocelyn Turken</strong><span style="font-weight: normal"> has scored a swanky Chelsea pad for $1.2 million. The apartment, listed by rival firm Douglas Elliman, has a dream location at 77 Seventh Avenue in the prestigious Vermeer. Just remember, kids, location &hellip;.&nbsp;</span></p>
<p class="MsoNormal"><span style="font-weight: normal"><em>lkusisto@observer.com</em><br /></span></p>
<p> <!--EndFragment-->
<p>&nbsp;</p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/405thave.jpg?w=253&h=300" />-- A mysterious New York couple are snapping up fabulous properties<strong>. Kelly Granat </strong><span style="font-weight: normal">and </span><strong>Susan Boland </strong><span style="font-weight: normal">have just purchased a $2.8 million apartment at 40 Fifth Avenue. The apartment isn&rsquo;t listed, but by <a href="http://www.cityrealty.com/nyc/manhattan/40-fifth-avenue/5358">some reports</a> it is the "most elegant building on lower Fifth Avenue."&nbsp;</span>Still, there's no way the Granat-Boland duo will be able to top their previous $5.9 million purchase of Richard Gere&rsquo;s Hamptons haunt. The holiday retreat, which the couple scored for a mere third of the asking price, includes 1.2 acres and a heated pool.</p>
<p class="MsoNormal">Who are these power buyers with a taste for fine real estate, you ask? Ms. Boland is a senior marketing exec, whose clients include Citibank and Marriott. Ms. Granat, a Harvard MBA, works for a Connecticut-based hedge fund.</p>
<p class="MsoNormal">-- A society power couple has sold their Upper West Side residence for $1.095 million. The name on the deed is <strong>Barbara Olcott</strong><span style="font-weight: normal">, one half of the society power duo that also includes her husband </span><strong>Emery Olcott</strong><span style="font-weight: normal">. Mr. Olcott is the former chief exec of Canberra industries, a prominent nuclear company and the couple are also co-producers of <em>Frankenstein: The Musical</em>. That's an eerie combo of credentials if there ever was.</span></p>
<p class="MsoNormal">--<strong> Annette Temstet</strong><span style="font-weight: normal">, the owner of Premier Realty Management, has scored an unlisted Lenox Hill apartment for $3.3 million. The savvy Ms. Temstet will enjoy a 14<sup>th</sup>-floor spot in the Azure. Those in search of a sparkling Lenox Hill residence need not fear: the penthouse is still on the market for a cool $11.37 million.</span></p>
<p class="MsoNormal">--<strong> Earl E.T. Smith Jr</strong><span style="font-weight: normal">., the son of a former ambassador to Cuba, has purchased a $1.4 million apartment at 47 East 67<sup>th</sup> Street. Mr. Smith Jr. is one of the many descendants of the very-late Cornelius Vanderbilt. He must have inherited some of the family business sense, given that he scored the apartment for $200,000 under the asking price.</span></p>
<p class="MsoNormal">-- Warburg broker <strong>Jocelyn Turken</strong><span style="font-weight: normal"> has scored a swanky Chelsea pad for $1.2 million. The apartment, listed by rival firm Douglas Elliman, has a dream location at 77 Seventh Avenue in the prestigious Vermeer. Just remember, kids, location &hellip;.&nbsp;</span></p>
<p class="MsoNormal"><span style="font-weight: normal"><em>lkusisto@observer.com</em><br /></span></p>
<p> <!--EndFragment-->
<p>&nbsp;</p>
]]></content:encoded>
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