Normally when you’re the scion of multi-billion-dollar global fashion enterprise like Ralph Lauren, you buy your luxury Manhattan real estate real estate under an LLC, so that the prying eyes of The Observer can’t write it up. But then again, if you’ve got a WASP-y image to uphold (and let’s face it, who needs that more than someone whose father was born with the name Ralph Lifshitz?), an Upper East Side co-op is the only way to go—and they don’t let you hide behind a shell corp.
Thus we came across Dylan Lauren and husband (as of 2011) Paul Arrouet’s names in city property records late yesterday afternoon, proud new owners of a 10th-floor co-op at 125 East 72nd Street.
Why have a floor-through when you can have two? Say the sixth and the seventh at 820 Park Avenue? Longtime residents and fixtures on the society circuit Pamela Farkas and Andrew Paul are abandoning their uptown digs for a life in the Village (where they own a townhouse) and have listed their duplex for $24.7 million. Further proof that uptown and downtown are little more than geographical signifiers these days.
“They’re spending their time between Greenwich Village, Nantucket and Vermont,” said Brown Harris Stevens spokeswoman Amy Gotzler, explaining that the couple felt they didn’t need so much space. The listing is held by BHS broker Cathy Franklin.
I wonder if Mort Zuckerman will be baking any pies to welcome his new neighbor at 950 Fifth Avenue, the exclusive seven-unit co-op he calls home. According to city records, the duplex on the eighth and ninth floors formerly belonging to Goldman Sachs veteran and former president of the Whitney Museum Robert Hurst, has sold Read More