Manhattan Transfers

A rolling stone gathers no moss, but can a $17.5 million townhouse gather a buyer?

Rock On: Jane Wenner Lists The UWS House That Rolling Stone Bought

When Jann and Jane Wenner split in 1995, the coupled stayed married,  putting off the legal wrangling that would inevitably arise when they split their publishing empire. Mr. Wenner borrowed $7,500 from his own family and from the family of his wife to found Rolling Stone, and once it grew into an empire worth hundreds of millions of dollars and includes Men’s Journal and Us Weekly, it would be understandable if the vagaries of divorce just didn’t seem worth it.

Until, that is, 2011. Mr. Wenner had been living with his partner, Matt Nye, a former Calvin Klein model 19 years his junior with whom he’s raising three kids, and Ms. Wenner finally wanted out. (There was speculation that the divorce was finalized because Mr. Wenner and Mr. Nye wanted to formally marry each other, but despite the legalization of gay marriage in New York, that never came to pass.) There was a little acrimony in the divorce, including a lawsuit filed by Ms. Wenner’s Amagansett groundskeeper, but things seem to have gone as smoothly as a divorce can be expected to go and Jane Wenner got to keep the couple’s Upper West Side townhouse, at 37 West 70th Street. Read More

Manhattan Transfers

For $23 million, you'll no longer have to gaze longingly at the limestone loggia perched atop at 10 Gracie Square.

$23 M. to Live Next to Gloria Vanderbilt’s Old Penthouse

Not often do penthouses at Manhattan’s “Good Buildings” (as per Tom Wolfe, according to whom there are only 42) come on the market, but today is one of those rare days: the south penthouse at 10 Gracie Square was just listed for $23 million.

The white-glove building sits in the rarefied hinterlands of the far East Side, overlooking Carl Schurz Park, and once had a yacht mooring onto the East River, sadly disfigured by the FDR (which is decked over beneath the ritziest buildings—a coincidence, we’re sure). Moreover, the penthouse occupant gets an up-close view of the building’s rooftop fixture, which is rumored to be, along with that on top of 1040 Fifth Avenue, the inspiration for 15 Central Park West’s crown. Read More

Manhattan Transfers

Convenient to the subway, and also convenient for in-home murders—no clean-up necessary!

‘West Side Story’ Producer Hal Prince Swaps Brokers, Tries For $21 M. On the East Side

Harold Prince may be best known for directing and producing Broadway musicals, but his real métier, it turns out, is real estate. According to city records, the 21-time Tony winner has bought or sold no less than seven different properties in Manhattan north of 59th Street over the past decade. (For the most part, not a West Side Story—only three units were on the West Side, and two of those were in 222 Central Park South.)

And his latest attempt is far from modest: just yesterday he and wife Judy relisted their townhouse at 48 East 74th Street for $21 million. If they can get anywhere near the ask, it’ll be a windfall for the couple, as they bought the home in 2009 for $12.5 million. (Although it was the previous owner, who bought the house in 2002 for just $3.6 million, who made off the best.) Read More

Manhattan Transfers

We're sure the Beinarts can make this room feel more UWS.

Former New Republic Editor Peter Beinart Inks Classic Six on UWS

There’s something to be said for embracing stereotypes. At least as far as political pundit, intellectual and Open Zion editor Peter Beinart is concerned.

Sure, Mr. Beinart and his wife Diana might have found the perfect co-op in the Village or a trendy loft in Tribeca. If they wanted to follow the herd, or at least scions of The New York Times, they would have snapped up a place in Brooklyn.

But the Beinarts—who just purchased a classic six complete with great light and river views at 755 West End Avenue—are apparently in love with the Upper West Side. Read More

Rejections

Too much of a hassle?

What Was the Co-op Board Rejection of Huguette Clark Bid Really About?

Did the co-op board at 907 Fifth Avenue  really hate the idea of making a full-floor apartment out of Huguette Clark’s two 8th-floor residences? Or do they just hate children?

Following our report yesterday that Clark’s mega-apartment sale fell through, reportedly because the board didn’t like the bidder’s plans to combine the units, the New York Post IDs the reason as too many kids. That’s a new one. Read More

Stratospheric Sales

How will the buyer grapple with the challenges of arranging furniture in this massive living room?

Sale of 740 Park Avenue Apartment Poised To Break Co-op Record?

Courtney Sale Ross may not be getting the full $60 million ask for her deluxe duplex apartment at 740 Park Avenue, but the sale will still set a record at $52 million, the highest price ever paid for a co-op.

While last week brought rumors that a buyer with deep-pockets had fallen in love with the sprawling apartment, The Journal reports that the feeling is mutual, and the famously picky co-op board has given the nod of approval, culminating in the signing of a $52 million contract. Read More

Stratospheric Sales

Not your typical New York apartment

Whispers of a Buyer for Courtney Sale Ross’ ‘Quiet’ $60 M. Duplex at 740 Park

It’s not only the bright, shiny and new buildings like 15 Central Park West and One57 that are topping the $50 million mark these days. Rumor has it that the massive 740 Park Avenue home of Courtney Sale Ross has found a buyer willing to pay the $60 million asking price

Gadabout Michael Gross, the author of the consummate book on the consummate building, reports that he’s heard from a reliable source that the unit, a deluxe duplex, has gone into contract for the full asking price. Read More

Stratospheric Sales

10 Photos

Puttin' on the Ritz

The Weill Deal! Millenium’s Christopher Jeffries Wants $77.5 M. for His Central Park West Duplex

The fallout—or is it fall-up?—from Sandy Weill’s $88 million penthouse sale at 15 Central Park West continues to reverberate through the upper echelons of Manhattan real estate. Gary Barnett decided to up the price of his penthouse at One57 into the nine-figure realm, sellers at 15 Central Park West are going gaga with their own homes and now an almost-as-rich-as-Weill’s apartment has come on the market on the south side of the park. Read More