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	<title>Observer &#187; More Closet Space: Fashion Mogul Andrew Rosen Pays $13 M. For Penthouse In the Former St. Vincent&#8217;s</title>
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		<title>Observer &#187; More Closet Space: Fashion Mogul Andrew Rosen Pays $13 M. For Penthouse In the Former St. Vincent&#8217;s</title>
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		<title>More Closet Space: Fashion Mogul Andrew Rosen Pays $13 M. For Penthouse In the Former St. Vincent&#8217;s</title>

		<comments>http://observer.com/2012/10/closets-galore-fashion-mogul-andrew-rosen-pays-13-m-for-penthouse-in-the-former-st-vincents/#comments</comments>
		<pubDate>Wed, 03 Oct 2012 15:32:21 -0400</pubDate>
					<link>http://observer.com/2012/10/closets-galore-fashion-mogul-andrew-rosen-pays-13-m-for-penthouse-in-the-former-st-vincents/</link>
			<dc:creator>Kim Velsey</dc:creator>
				
		<guid isPermaLink="false">http://observer.com/?p=267586</guid>
		<description><![CDATA[<p><div id="attachment_267636" class="wp-caption alignleft" style="width: 311px"><a href="http://observer.com/2012/10/closets-galore-fashion-mogul-andrew-rosen-pays-13-m-for-penthouse-in-the-former-st-vincents/marriott-marquis/" rel="attachment wp-att-267636"><img class=" wp-image-267636" title="Rosen" src="http://nyoobserver.files.wordpress.com/2012/10/rosen1.jpg?w=228" alt="" width="301" height="395" /></a><p class="wp-caption-text">Andrew Rosen closes deal on Greenwich Village penthouse.</p></div></p>
<p>While it <a href="http://www.nypost.com/p/pagesix/rosie_buys_downtown_BO8mpadsIqB6tOpEvFVYVL">was rumored</a> earlier this year that Theory honcho <strong>Andrew Rosen</strong> was paying more than $12.5 million for a four-bedroom penthouse at the St. Vincent condo conversion <strong>130 West 12th Street</strong>, now there's proof. City records show that Mr. Rosen paid <strong>$13 million</strong>, a bit of a price bump over the $12.8 million that the sponsor unit was asking.</p>
<p>The building has a way of getting buyers to pay more than the retail value. <strong>Rosie O'Donnell </strong>also plunked down a little extra cash for her duplex penthouse, paying $50,000 above the sticker price. Maybe Mr. Rosen should bring on Stribling brokers <strong>Alexa Lambert</strong> and <strong>Sean Turner </strong>to help shill his company's clothes.<!--more--></p>
<p><div id="attachment_267635" class="wp-caption alignleft" style="width: 310px"><a href="http://observer.com/2012/10/closets-galore-fashion-mogul-andrew-rosen-pays-13-m-for-penthouse-in-the-former-st-vincents/rosen-2/" rel="attachment wp-att-267635"><img class="size-medium wp-image-267635" title="rosen" src="http://nyoobserver.files.wordpress.com/2012/10/rosen.jpg?w=300" alt="" width="300" height="225" /></a><p class="wp-caption-text">The garmento's new living room.</p></div></p>
<p>Details on Mr. Rosen's new four-bedroom, 3.5-bath home are scarce, given Stribling's super-generic listing. But it would appear to be the 3,800-square-foot, floor-through uber-penthouse, if we may call it that. Said penthouse boats 2,200-square feet of wrap-around terraces and wood-burning fireplaces in the living and dining rooms. Mr. Rosen is relocating from <a href="http://www.elledecor.com/design-decorate/interiors/at-home-in-the-sky-a-70856">a 49th-floor duplex</a> in Columbus Circle.</p>
<p>Interiors, if Mr. Rosen chooses to keep them, are by Cook + Fox Architects, but we certainly expect that he'll want to put his personal stamp on the space. He is, after all, the macher who is creating the <a href="http://nymag.com/thecut/2012/03/andrew-rosen-proenza-schouler-rag-bone-theory-anna-wintour.html">closest thing America has to luxury empires like LVMH or Gucci,</a> if you take Anna Wintour's word for it.</p>
<p>Alas, even with all that terrace space, we don't suppose Mr. Rosen will be able to stable any of the<a href="http://www.nytimes.com/2004/05/04/nyregion/a-life-in-rags-and-nags-a-good-ride-either-way.html"> two dozen race horses</a> he owns.  At least he can compare penthouses with fellow rag trader and friend Mickey Drexler, who snapped up a <a href="http://observer.com/2012/06/j-crew-chief-adds-a-tribeca-condo-to-pricey-property-to-list-of-land-holdings/">Tribeca "mansion in the sky" </a>earlier this year.</p>
<p><em>kvelsey@observer.com</em></p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_267636" class="wp-caption alignleft" style="width: 311px"><a href="http://observer.com/2012/10/closets-galore-fashion-mogul-andrew-rosen-pays-13-m-for-penthouse-in-the-former-st-vincents/marriott-marquis/" rel="attachment wp-att-267636"><img class=" wp-image-267636" title="Rosen" src="http://nyoobserver.files.wordpress.com/2012/10/rosen1.jpg?w=228" alt="" width="301" height="395" /></a><p class="wp-caption-text">Andrew Rosen closes deal on Greenwich Village penthouse.</p></div></p>
<p>While it <a href="http://www.nypost.com/p/pagesix/rosie_buys_downtown_BO8mpadsIqB6tOpEvFVYVL">was rumored</a> earlier this year that Theory honcho <strong>Andrew Rosen</strong> was paying more than $12.5 million for a four-bedroom penthouse at the St. Vincent condo conversion <strong>130 West 12th Street</strong>, now there's proof. City records show that Mr. Rosen paid <strong>$13 million</strong>, a bit of a price bump over the $12.8 million that the sponsor unit was asking.</p>
<p>The building has a way of getting buyers to pay more than the retail value. <strong>Rosie O'Donnell </strong>also plunked down a little extra cash for her duplex penthouse, paying $50,000 above the sticker price. Maybe Mr. Rosen should bring on Stribling brokers <strong>Alexa Lambert</strong> and <strong>Sean Turner </strong>to help shill his company's clothes.<!--more--></p>
<p><div id="attachment_267635" class="wp-caption alignleft" style="width: 310px"><a href="http://observer.com/2012/10/closets-galore-fashion-mogul-andrew-rosen-pays-13-m-for-penthouse-in-the-former-st-vincents/rosen-2/" rel="attachment wp-att-267635"><img class="size-medium wp-image-267635" title="rosen" src="http://nyoobserver.files.wordpress.com/2012/10/rosen.jpg?w=300" alt="" width="300" height="225" /></a><p class="wp-caption-text">The garmento's new living room.</p></div></p>
<p>Details on Mr. Rosen's new four-bedroom, 3.5-bath home are scarce, given Stribling's super-generic listing. But it would appear to be the 3,800-square-foot, floor-through uber-penthouse, if we may call it that. Said penthouse boats 2,200-square feet of wrap-around terraces and wood-burning fireplaces in the living and dining rooms. Mr. Rosen is relocating from <a href="http://www.elledecor.com/design-decorate/interiors/at-home-in-the-sky-a-70856">a 49th-floor duplex</a> in Columbus Circle.</p>
<p>Interiors, if Mr. Rosen chooses to keep them, are by Cook + Fox Architects, but we certainly expect that he'll want to put his personal stamp on the space. He is, after all, the macher who is creating the <a href="http://nymag.com/thecut/2012/03/andrew-rosen-proenza-schouler-rag-bone-theory-anna-wintour.html">closest thing America has to luxury empires like LVMH or Gucci,</a> if you take Anna Wintour's word for it.</p>
<p>Alas, even with all that terrace space, we don't suppose Mr. Rosen will be able to stable any of the<a href="http://www.nytimes.com/2004/05/04/nyregion/a-life-in-rags-and-nags-a-good-ride-either-way.html"> two dozen race horses</a> he owns.  At least he can compare penthouses with fellow rag trader and friend Mickey Drexler, who snapped up a <a href="http://observer.com/2012/06/j-crew-chief-adds-a-tribeca-condo-to-pricey-property-to-list-of-land-holdings/">Tribeca "mansion in the sky" </a>earlier this year.</p>
<p><em>kvelsey@observer.com</em></p>
]]></content:encoded>
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