Glen T. Senk’s elegant, eight-room co-op at 1060 Fifth Avenue does not much resemble the dingy college dorms of so many Urban Outfitters catalogs, with their shoddy decorations and strung-out looking models lounging in exasperated indolence. But it could easily pass for one of the heart-stoppingly beautiful homes that provide the backdrops to so many Anthropologie catalogs. Which is, perhaps, why Mr. Senk, who resigned as Urban Outfitters CEO this January, decided to sell the place.
Indeed, Mr. Senk listed the three-bedroom, four-bath home for $5.9 million just days before his resignation became public. He’s since become the CEO of upscale jeweler David Yurman. After spending 18 years helping to determine the sartorial desires of so many would-be hipsters in high school and college, he apparently thought it was time for something more age-appropriate. We’ve had that moment with more than a few sheer tops and cheap baubles from the retailer.
This duplex at 1060 Fifth had set the city’s co-op record–twice!–by January 2008. Those were the days. Read More
A few minutes ago, the deed for that spectacularly, mind-bogglingly amazing $48,836,000 penthouse sale at 1060 Fifth Avenue was filed in city records. According to the deed, the deal was signed on July 29, which means the hedge fund manager Scott Bommer and wife Donya took exactly six months and six days to flip Read More
Even though Tom Wolfe didn’t include 1060 Fifth Avenue in his canonical 1985 list of the most high-heeled, high-nosed, high-fenced Manhattan buildings, it’s the kind of co-op where the very proper, philanthropic financiers who are allowed to buy the most massively expensive apartments are, by silent decree, supposed to stay for at least a few Read More
In the midst of the worst economic crisis in six decades (according to George Soros), the tip-top of Manhattan’s high-end did awfully well yesterday.
A source said that the 17-room, seven-bedroom duplex penthouse at 1060 Fifth Avenue closed for $46 million, as The Observer had promised. The insane catch is that the buyers–hedge-fund Read More