The late Helen “Peggy” Scholz’s old Upper East Side co-op is about as old world as it gets (during the 1910 census, five of the 13 families in the building listed their occupation as “own income”). With its tromp-l’œil fresco, wood-panelled library and wood-burning fireplaces, Ms. Scholz had lived in her 863 Park Avenue apartment since 1939. She moved into the unit with her husband, composer Ernest Schelling, who promptly expired that same year (the apartment had previously been owned by a cousin of Ms. Scholz, till Mr. Schelling bought it in the 1920s).
But Ms. Scholz passed away in 2007, and the estate of Brooke Astor’s step-daughter has finally found a buyer for the apartment: the decidedly new money Patrick Moxey and wife Bernadette Cruz.
After years of red tape and family feuds, the late Brooke Astor will finally have her money going to its correct beneficiaries…New York cultural institutions and charities.
It’s difficult to imagine Brooke Astor rifling through the discount bin in white satin gloves. What then would the refined socialite and philanthropist think now that her Park Avenue prize just sold for half-off?
Astor cherished the 15th-floor duplex in one of the city’s most coveted co-ops–but then who wouldn’t love six terraces and Read More
“Idealism is fine, but as it approaches reality, the costs become prohibitive,” saged conservative society scribe William F. Buckley Jr once said. True as that may be, something about the allure and glamour of Mr. Buckley’s former residence at 778 Park Avenue inspired idealistic expectations from real estate brokers and Mr. Buckley’s Obama-voting son, Christopher, Read More
Last November, after three years of writing about magnificently overpriced New York residential real estate, I moved to the Wall Street beat. It is sober and civilized by comparison. What I feel nostalgic for isn’t the real estate itself. Even though it’s fun to visit cosmic Manhattan homes—like the hand-built third floor of the Plaza, Read More
“I’m not even angry at those who have done all of this to us. I just feel sorry for them, because they’re so unenlightened. They just don’t know, you know?” 64-year-old Charlene Marshall sighs in her living room. It’s a sad November afternoon, foggy and dim. Her husband wears a blue-striped shirt and red tie Read More
“What’s odd is that a trial is a certain amount like a movie set, it becomes your real life. And I think it’s going to be really odd for all of us that it’s over,” Astor chronicler Meryl Gordon said Friday, a day after the verdict was announced in the trial of Brooke Astor’s son, Read More
This morning, heirs on heirs: A.G. Sulzberger wrote one of the Times‘ articles on yesterday’s guilty verdict in the Astor trial (“Despite Verdict, Fate of Astor Fortune is Uncertain“).
Another Times article explains how the jurors struggled to relate to the rich, powerful characters of the Astor saga:
Jurors Read More
If Schnabel, Sting, Astor and friends sell apartments, look out! Luxury might be back. Read More
Julianne Moore, whose late ’90s turns in godly Boogie Nights, The Big Lebowski and Magnolia earned her a permanent place in the fickle hearts of film buffs, has lofty real estate aspirations. Her century-old, red-doored, six-bedroom townhouse at West 11th and Washington streets was just listed for $11,995,000, even though records show the actress Read More