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	<title>Observer &#187; Gimme Shelter! ABKCO Founder Sells Spread to Diamond Dealer</title>
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		<title>Observer &#187; Gimme Shelter! ABKCO Founder Sells Spread to Diamond Dealer</title>
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		<title>Gimme Shelter! ABKCO Founder Sells Spread to Diamond Dealer</title>

		<comments>http://observer.com/2011/09/gimme-shelter-abkco-founder-sells-spread-to-diamond-dealer/#comments</comments>
		<pubDate>Wed, 28 Sep 2011 18:32:09 -0400</pubDate>
					<link>http://observer.com/2011/09/gimme-shelter-abkco-founder-sells-spread-to-diamond-dealer/</link>
			<dc:creator>Elise Knutsen</dc:creator>
				
		<guid isPermaLink="false">http://www.observer.com/?p=187432</guid>
		<description><![CDATA[<p><div id="attachment_187490" class="wp-caption alignleft" style="width: 310px"><a href="http://nyoobserver.files.wordpress.com/2011/09/klein_1437027c.jpg"><img class="size-medium wp-image-187490" title="klein_1437027c" src="http://nyoobserver.files.wordpress.com/2011/09/klein_1437027c.jpg?w=300&h=187" alt="" width="300" height="187" /></a><p class="wp-caption-text">Not a deed. (Telegraph)</p></div></p>
<p>Music exec <strong>Allen Klein </strong>is best known for <a href="http://www.nytimes.com/2009/07/05/arts/music/05klein.html?hp">screwing the Rolling Stones</a> and <a href="http://www.dailymail.co.uk/news/article-1197584/Allen-Klein-manager-fans-blamed-Beatles-break-dies-77.html"> breaking up the Beatles</a>. After a hard day's night working for these men, Klein called a four-bedroom apartment at <strong>The Sovereign</strong> on Sutton Place home. Klein, who also worked with Sam Cooke, the Kinks and the Animals, died in 2009, and his estate has now sold this and an adjacent apartment for <strong>$4.6 million</strong><!--more--></p>
<p>"You know the space lends itself to doing different things," <strong>Douglas Elliman</strong> broker <strong>Marilyn Wexler</strong> told <em>The Observer. </em>"The  views on that floor are just magnificent. It was full city, it was  river, it was bridges." No mixed emotions there.</p>
<p><div id="attachment_187446" class="wp-caption alignleft" style="width: 310px"><a href="http://nyoobserver.files.wordpress.com/2011/09/view.jpg"><img class="size-medium wp-image-187446" title="view" src="http://nyoobserver.files.wordpress.com/2011/09/view.jpg?w=300&h=197" alt="" width="300" height="197" /></a><p class="wp-caption-text">The view from Klein&#039;s former apartment</p></div></p>
<p>Her  listing with fellow Elliman broker <strong>Audrey Ruden</strong> expounds on the space: the three-bedroom, 4.5-bath co-op features a "sprawling double size  living room, large balcony, spacious formal  dining  room [and] windowed  eat-in-kitchen with separate laundry room." According to floor plans, the 263-square-foot master bedroom includes a massive walk-in-closet. While the master bath is comparatively modest, an adjacent "jacuzzi room" is available for jet-infused soak sessions. Kinky!</p>
<p>Klein also owned the neighboring one-bedroom unit, which was owned by ABKCO and used by his coterie of rockstar clients—oh, the stories that must be in those walls. "One was a business apartment, one was a personal apartment," Ms. Wexler told <em>The Observer</em>.</p>
<p>The bigger home was on the market for an even $4 million, the smaller one for $1.2 million. Both were purchased by <strong>Heather</strong> and <strong>Ali Khazaneh</strong>, a diamond dealer active in the art market. Clearly satisfied, the Khazaneh's would be fools to cry over the deal they got, saving $600,000 less than the ask for a total of four bedrooms, six bathrooms and views to die for.</p>
<p><em>eknutsen@observer.com</em></p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_187490" class="wp-caption alignleft" style="width: 310px"><a href="http://nyoobserver.files.wordpress.com/2011/09/klein_1437027c.jpg"><img class="size-medium wp-image-187490" title="klein_1437027c" src="http://nyoobserver.files.wordpress.com/2011/09/klein_1437027c.jpg?w=300&h=187" alt="" width="300" height="187" /></a><p class="wp-caption-text">Not a deed. (Telegraph)</p></div></p>
<p>Music exec <strong>Allen Klein </strong>is best known for <a href="http://www.nytimes.com/2009/07/05/arts/music/05klein.html?hp">screwing the Rolling Stones</a> and <a href="http://www.dailymail.co.uk/news/article-1197584/Allen-Klein-manager-fans-blamed-Beatles-break-dies-77.html"> breaking up the Beatles</a>. After a hard day's night working for these men, Klein called a four-bedroom apartment at <strong>The Sovereign</strong> on Sutton Place home. Klein, who also worked with Sam Cooke, the Kinks and the Animals, died in 2009, and his estate has now sold this and an adjacent apartment for <strong>$4.6 million</strong><!--more--></p>
<p>"You know the space lends itself to doing different things," <strong>Douglas Elliman</strong> broker <strong>Marilyn Wexler</strong> told <em>The Observer. </em>"The  views on that floor are just magnificent. It was full city, it was  river, it was bridges." No mixed emotions there.</p>
<p><div id="attachment_187446" class="wp-caption alignleft" style="width: 310px"><a href="http://nyoobserver.files.wordpress.com/2011/09/view.jpg"><img class="size-medium wp-image-187446" title="view" src="http://nyoobserver.files.wordpress.com/2011/09/view.jpg?w=300&h=197" alt="" width="300" height="197" /></a><p class="wp-caption-text">The view from Klein&#039;s former apartment</p></div></p>
<p>Her  listing with fellow Elliman broker <strong>Audrey Ruden</strong> expounds on the space: the three-bedroom, 4.5-bath co-op features a "sprawling double size  living room, large balcony, spacious formal  dining  room [and] windowed  eat-in-kitchen with separate laundry room." According to floor plans, the 263-square-foot master bedroom includes a massive walk-in-closet. While the master bath is comparatively modest, an adjacent "jacuzzi room" is available for jet-infused soak sessions. Kinky!</p>
<p>Klein also owned the neighboring one-bedroom unit, which was owned by ABKCO and used by his coterie of rockstar clients—oh, the stories that must be in those walls. "One was a business apartment, one was a personal apartment," Ms. Wexler told <em>The Observer</em>.</p>
<p>The bigger home was on the market for an even $4 million, the smaller one for $1.2 million. Both were purchased by <strong>Heather</strong> and <strong>Ali Khazaneh</strong>, a diamond dealer active in the art market. Clearly satisfied, the Khazaneh's would be fools to cry over the deal they got, saving $600,000 less than the ask for a total of four bedrooms, six bathrooms and views to die for.</p>
<p><em>eknutsen@observer.com</em></p>
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