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Chris Pomorski

Manhattan Transfers

The Spoils of Preppiness: Nautica Founder’s Flatiron Townhouse Snags a Buyer

By Chris Pomorski 12/09 5:39pm
Limestone courtesy of Texas.

The townhouse at 25 East 22nd Street has played host, over the years, to a number of bold-faced and progressive personages. On a Tuesday in the spring of 1897, the New York Times reported, the Women’s Executive Committee of the Board of Domestic Missions of the Reformed Church used the building to host an “Indian Tea” in honor of the Rev. Frank Hall Wright, a Choctaw who was conducting missionary work in Oklahoma. In the hall of the building, “stood a perfect model of an Indian tepee…filled…by the offerings of the hundreds of friends of the committee.”

The property was later home to George Nelson, an industrial designer and one of the founders of American modernism, and in 2004 it was bought for $9.3 million by David Chu, the founder of Nautica. Expanded and renovated in the years since, the building—which was last listed for $29.99 million by Carrie Chiang, Janet Wang and Richard Phan at Corcoran—has entered contract, according to Corcoran. Read More

Gentrification Watch

Urban Market(ing): South Williamsburg Gets a Grocery Store

By Chris Pomorski 12/06 4:09pm
Savvy marketing

Because not everyone in South Williamsburg wants to do all their food shopping at Marlow & Daughters—after all, how much pastured pork and lamb and loaves of sprouted spelt can a person eat?—the neighborhood, divided roughly by Grand Street from its yet-hipper northern relative, now has a new grocery store. Urban Market of Williamsburg, which celebrated its grand opening today, occupies a 16,000 square-foot space at 11 Broadway, just across Kent Avenue from the East River.

Like Whole Foods, Urban Market will offer traditional grocery and household products, as well as specialty, locally-sourced and organic items, making it the neighborhood’s first full-service grocery store. (Northern Williamsburg is slated to get a particularly sleek-looking Whole Foods in the not-too-distant future, at the corner of Bedford Avenue and North 4th Street, in the heart of what The Observer recently heard described as “the Times Square of Brooklyn.”) Read More

Manhattan Transfers

Taps at Butterfield House: Orthodontist Braces for Goodbye to $3 M. Village Co-op

By Chris Pomorski 12/06 1:35pm
Update Me.

If one had to make a list of industries that have benefited from Tribeca’s metamorphoses from dilapidated artist’s encampment to prohibitive sanctuary for financiers, orthodontics would be right up there. Who, after all, is better positioned than the trophy wife to spend extravagantly in the name of her child’s of pearly-whites? Dr. Richard M. Lyons, who bills himself on his website Drtoothy.com as a longstanding Tribeca orthodontist—his office, at the corner of Worth and St. James Place, can be included in Tribeca only in very imaginative neighborhood delineations—is among the beneficiaries, even if the retainer-wearing have to skirt Chinatown for his services. Dr. Lyons has now further benefited from the inflation of downtown real estate values, according to city records, selling for $3 million his co-op at 37 West 12th Street, in Greenwich Village, a unit he has owned since the building’s completion in the early 1960s. Read More

Manhattan Transfers

Shimmering Was Not Enough; $12 M. Is Another Story: Chinese Artist’s Flatiron Home Sells Well Above Ask

By Chris Pomorski 12/05 4:51pm
In historic cast iron.

Of late, pundits have alternatively lamented and celebrated diminishing funding and student enthusiasm for the arts and humanities at the nation’s schools. If only the Chinese-born artist Wen-Ying Tsai, who died in January, were here to advise these two camps—which often seem at intractable odds—as to the entirely possible marriage of their views.

Mr. Tsai, who trained in mechanical engineering at the University of Michigan, later applied his technical skills to creating motorized, ultra-modern sculptures, which showed at the Museum of Modern Art and Boston’s Institute of Contemporary Art. He also helped to establish the Tsai Art and Science Foundation, which promotes artists and scientists whose work illustrates the intersection and interdependence of the two disciplines. Now Mr. Tsai’s longtime home at 7 East 19th Street has passed from his family’s hands, according to city records—for the tidy sum of $12 million. Perhaps  some portion of the proceeds will go toward mediation for those warring factions?

Read More

Science!

Life Sciences? We’ve Got (More of) ‘Em, Announces EDC

By Chris Pomorski 12/04 5:55pm
Science.

With $1.4 billion in annual support from the National Institutes of Health and a near-unrivaled concentration of academic, medical and research foundations, New York is well positioned to translate the inquiries and experiments of its libraries and laboratories into serviceable medical innovations. And it will become—in theory— better-positioned still with the addition of two newly-announced initiatives: the City of New York Early-Stage Life Sciences Funding Initiative and the Mt. Sinai Institute of Technology (MSIT). Read More

Manhattan Transfers

Pharma Mogul and ‘#1 King of All Fun’ Unloads $3.9 M. UES Condo

By Chris Pomorski 12/04 12:30pm
Stewart Rahr with Russell Simmons (Patrick McMullan)

The Office of the City Register lists as the recent seller of the $3.9 million 32nd-floor combination at 422 East 72nd Street one Stewart J. Rahr, the billionaire philanthropist who in 2010 sold Kinray Pharmaceuticals, which he’d grown from a small family business into the largest privately-held industry wholesaler in the country. But according to an October profile in Forbes, Mr. Rahr has since his May divorce from Carol Rahr—his wife of 43 years—been replaced with a hard-partying, fame-obsessed character by the name “Stewie Rah Rah Number One King of All Fun,” a figure clad habitually in bright yellow sunglasses who uses as a personal anthem Robin Thicke’s Blurred Lines and who owns a phone case that reads “I Love Ibiza.”

We imagine that the folks at city records might have been less than thrilled had Mr. Rahr requested that his lengthy new monicker be entered into their databases—though we suppose a Stewie Rah Rah LLC would have been acceptable—but it will most certainly be Ms. Rahr, anyway, who benefits from the sale, even if the condo can account only for a tiny portion of the Rahrs’ $250 million settlement. Read More

Manhattan Transfers

A River House Steal: Uma Thurman Moves Into City’s Snootiest Co-op for $10 M.

By Chris Pomorski 12/03 2:47pm
Fusty by fixable.

The co-op board at River House, once sufficiently exclusive to reject applications from Diane Keaton and Gloria Vanderbilt, has lately relaxed its standards in effort to attract more buyers amid an increasingly condo-friendly high-end market. (It also recently listed the River Club on the market as an ultra-luxe, standalone mansion.) In fact, things are so laid back these days that the gatekeepers at 435 East 52nd Street did not even look askance at Uma Thurman‘s application, despite the actress’s starring role in Lars Von Trier’s forthcoming Nymphomaniac, a two-part film oft-described as pornographic, and which features Ms. Thurman in—ahem—compromising positions.

Fortunately for the actress—and for any red-blooded male in residence at River House—Mr. Von Trier’s erotic epic remains in post-production, the chatter at whisper level, and Ms. Thurman has passed muster with the board. For the price of $10 million, she has become the proud new owner of a four-bedroom unit on the sixth floor, according to city records. (The sale was first reported in The Post.) Read More

Manhattan Transfers

And Then There Were Two: Yet Another Walker Tower Condo Enters Contract

By Chris Pomorski 12/02 5:11pm
Walker Tower

In a week during which the Thanksgiving holiday naturally dampened real estate transactions, a mere dozen contracts were signed at or above $4 million, according to Donna Olshan’s luxury market report. Two properties, each listed for $12.25 million, tied for the top spot. And though the developers of 995 Fifth Avenue, which houses one of the units, are perhaps more recognizable—Frick, Carnegie, Vanderbilt—those responsible for the other, a four-bedroom condo at 212 West 18th Street, have certainly been making more recent waves. Known as Walker Tower—after its architect Ralph Walker—the building inspired chatter this fall with the listing of its Penthouse One at $55 million. (That unit entered contract last month for slightly less than the ask—but still over $50 million, according to sources—while Penthouse Two, which came to market slightly later, is currently asking $47.5 million.) Read More

Manhattan Transfers

You Once Belonged to Me: Carly Simon Sells W. Village Co-op for $2.3 M.

By Chris Pomorski 12/02 1:39pm
Rustic paisley

Carly Simon‘s 1970s hit You’re So Vain owes much of its success to Ms. Simon’s prodigious songwriting talents. But the track’s longevity doubtless has something to do with the riddle of its intended target. Possible candidates include Mick Jagger, Cat Stevens and Warren Beatty, and a 2003 auction for charity saw the answer divulged for the price of  $50,000 to an NBC executive, who agreed not to leak the secret. (Seven years later, Ms. Simon laughed off the supposed revelation that it was about David Geffen.)

Still, for all the high-profile relationships of her past, the songwriter has been single since 2007—when she was divorced from businessman James Hart—which seems to imply an unfortunate waste of the ”romantic master suite with windowed bathroom, bedroom and enchanting sitting room with treetop views” recently credited to her West Village apartment by a listing with Nick Gavin at Corcoran. Ms. Simon appears to have no use any longer for the master suite—or any other part of the apartment, for that matter—having just sold her duplex co-op at 46 Commerce Street for the $2.3 million asking price, according to city records (rumors of the sale were first reported in The Post). Read More

Manhattan Transfers

Take Two: Yoko Ono Finds a Buyer for her $8.9 M. Downing Street Co-op

By Chris Pomorski 11/27 12:58pm
Yoko Ono (Patrick McMullan)

Most famous for her relationship with John Lennon, Yoko Ono has a considerable—if unusual—oeuvre of her own. In 1964, she performed Cut Piece, in which she appeared on stage draped with fabric that she invited audiences to snip away, leaving her nude. Later, she made experimental films centered on human buttocks, and installed Wish Tree in the sculpture garden at the Museum of Modern Art.

Maintaining an empty multimillion-dollar apartment in a Manhattan co-op building would seem a not-unlikely avant garde maneuver for Ms. Ono, and for years she did just that. Ms. Ono’s son Sean occupied the penthouse at 49 Downing Street, which Ms. Ono purchased in 1995, only briefly, but an October lawsuit against the co-op board suggested that the unit’s vacancy was not a performance art piece. (Ms. Ono claimed that the board arbitrarily blocked potential buyers because they preferred the penthouse empty, rather than occupied by a family with children.) Read More