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	<title>Observer &#187; Chelsea Mercantile</title>
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		<title>Observer &#187; Chelsea Mercantile</title>
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		<title>Eighth Time&#8217;s a Charm: HBO Honcho Signs on for Another Season at the Chelsea Mercantile</title>

		<comments>http://observer.com/2013/04/eighth-times-a-charm-hbo-honcho-signs-on-for-another-season-at-the-chelsea-mercantile/#comments</comments>
		<pubDate>Mon, 15 Apr 2013 18:08:44 -0400</pubDate>
					<link>http://observer.com/2013/04/eighth-times-a-charm-hbo-honcho-signs-on-for-another-season-at-the-chelsea-mercantile/</link>
			<dc:creator>Stephen Jacob Smith</dc:creator>
				
		<guid isPermaLink="false">http://observer.com/?p=296288</guid>
		<description><![CDATA[<p><div id="attachment_296390" class="wp-caption alignleft" style="width: 210px"><a href="http://nyoobserver.files.wordpress.com/2013/04/63478167340585968613541483_40_afsm1_20120717_jic_137.jpg"><img class="size-medium wp-image-296390" alt="Will Sheila Nevins' eighth apartment at the Chelsea Mercantile be her last? Stay tuned! (Photo courtesy Patrick McMullan.)" src="http://nyoobserver.files.wordpress.com/2013/04/63478167340585968613541483_40_afsm1_20120717_jic_137.jpg?w=200" width="200" height="300" /></a><p class="wp-caption-text">Will Sheila Nevins' eighth apartment at the Chelsea Mercantile be her last? Stay tuned! (Patrick McMullan.)</p></div></p>
<p>When <strong>Sheila Nevins</strong> first started at HBO as "Director of Documentaries," the cable network had only done one, and she only signed a 13-week contract. Over three decades later, and save for a three-year diversion in the ’80s, Ms. Nevins is still at HBO, and is still heading up the channel's documentary division. We can only hope the contract she just signed at the <strong>Chelsea </strong><b>Mercantile</b> has as much staying power.</p>
<p>And this is nowhere near Ms. Nevins’ first purchase in the condo building. In fact, it’s at least her eighth.<!--more--></p>
<p>Ms. Nevins, who has produced shows like <i>Real Sex</i>, along with less salacious fare, began buying up units in the Chelsea Mercantile at <b>252 Seventh Avenue</b> back before city records were digitized. But her interest in the building dates back to at least 2004, when she picked up a one-bedroom on the sixth floor for just under $1.1 million. This was before Nick Jonas, Lance Bass, Marc Jacobs and Jane Fonda—and eventually Katie Holmes, who rented a unit in the building right after she split up with Tom Cruise (Suri goes to the Avenues School just down the street, a draw for many of the Chelsea Mercantile’s new bold-faced names)—made the building the most star-studded in Chelsea.</p>
<p>Ten years and more than a dozen property transactions later (Ms. Nevins has been gradually offloading her units—at least four of which she’s owned over the years—at the Channel Club building on East 86th and York) she has graduated to the penthouse—a two-bedroom duplex penthouse, to be exact, that she picked up for <b>$4.5 million</b>, according to city records.</p>
<p>The two-bedroom unit (easily converted back to a three-bedroom) was “beautifully renovated” by its previous owner—<b>Carmelo Starrantino</b>, according to city recordes—said <b>Pamela D’Arc</b> with Stribling, who had the listing, and it also has a “dramatic” glass staircase leading to the master bedroom on the unit’s second floor.</p>
<p>The building also contains a feature that may attract attention-shy celebs: a private garage. “You can access the garage without leaving the building,” Ms. D’Arc told <i>The Observer</i>. Celebs still have to slum it in the elevators like everyone else, but “most celebrities in the building tend to stare at their iPhones while in the elevator,” a resident told the <i>New York Times</i>.</p>
<p>Celebrities—just like you and me!</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_296390" class="wp-caption alignleft" style="width: 210px"><a href="http://nyoobserver.files.wordpress.com/2013/04/63478167340585968613541483_40_afsm1_20120717_jic_137.jpg"><img class="size-medium wp-image-296390" alt="Will Sheila Nevins' eighth apartment at the Chelsea Mercantile be her last? Stay tuned! (Photo courtesy Patrick McMullan.)" src="http://nyoobserver.files.wordpress.com/2013/04/63478167340585968613541483_40_afsm1_20120717_jic_137.jpg?w=200" width="200" height="300" /></a><p class="wp-caption-text">Will Sheila Nevins' eighth apartment at the Chelsea Mercantile be her last? Stay tuned! (Patrick McMullan.)</p></div></p>
<p>When <strong>Sheila Nevins</strong> first started at HBO as "Director of Documentaries," the cable network had only done one, and she only signed a 13-week contract. Over three decades later, and save for a three-year diversion in the ’80s, Ms. Nevins is still at HBO, and is still heading up the channel's documentary division. We can only hope the contract she just signed at the <strong>Chelsea </strong><b>Mercantile</b> has as much staying power.</p>
<p>And this is nowhere near Ms. Nevins’ first purchase in the condo building. In fact, it’s at least her eighth.<!--more--></p>
<p>Ms. Nevins, who has produced shows like <i>Real Sex</i>, along with less salacious fare, began buying up units in the Chelsea Mercantile at <b>252 Seventh Avenue</b> back before city records were digitized. But her interest in the building dates back to at least 2004, when she picked up a one-bedroom on the sixth floor for just under $1.1 million. This was before Nick Jonas, Lance Bass, Marc Jacobs and Jane Fonda—and eventually Katie Holmes, who rented a unit in the building right after she split up with Tom Cruise (Suri goes to the Avenues School just down the street, a draw for many of the Chelsea Mercantile’s new bold-faced names)—made the building the most star-studded in Chelsea.</p>
<p>Ten years and more than a dozen property transactions later (Ms. Nevins has been gradually offloading her units—at least four of which she’s owned over the years—at the Channel Club building on East 86th and York) she has graduated to the penthouse—a two-bedroom duplex penthouse, to be exact, that she picked up for <b>$4.5 million</b>, according to city records.</p>
<p>The two-bedroom unit (easily converted back to a three-bedroom) was “beautifully renovated” by its previous owner—<b>Carmelo Starrantino</b>, according to city recordes—said <b>Pamela D’Arc</b> with Stribling, who had the listing, and it also has a “dramatic” glass staircase leading to the master bedroom on the unit’s second floor.</p>
<p>The building also contains a feature that may attract attention-shy celebs: a private garage. “You can access the garage without leaving the building,” Ms. D’Arc told <i>The Observer</i>. Celebs still have to slum it in the elevators like everyone else, but “most celebrities in the building tend to stare at their iPhones while in the elevator,” a resident told the <i>New York Times</i>.</p>
<p>Celebrities—just like you and me!</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ssmithobserver</media:title>
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			<media:title type="html">Will Sheila Nevins&#039; eighth apartment at the Chelsea Mercantile be her last? Stay tuned! (Photo courtesy Patrick McMullan.)</media:title>
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		<title>Live Like A Divorcée! Katie Holmes Stokes Interest In Chelsea Mercantile Building</title>

		<comments>http://observer.com/2012/07/live-like-a-divorcee-katie-holmes-stokes-interest-in-chelsea-mercantile-building/#comments</comments>
		<pubDate>Wed, 04 Jul 2012 13:30:59 -0400</pubDate>
					<link>http://observer.com/2012/07/live-like-a-divorcee-katie-holmes-stokes-interest-in-chelsea-mercantile-building/</link>
			<dc:creator>Kim Velsey</dc:creator>
				
		<guid isPermaLink="false">http://observer.com/?p=250099</guid>
		<description><![CDATA[<p><div id="attachment_250103" class="wp-caption alignleft" style="width: 310px"><a href="http://observer.com/2012/07/live-like-a-divorcee-katie-holmes-stokes-interest-in-chelsea-mercantile-building/4209-katie-holmes-5a/" rel="attachment wp-att-250103"><img class="size-full wp-image-250103" title="Everyone wants to be just like Katie Holmes!" src="http://nyoobserver.files.wordpress.com/2012/07/4209-katie-holmes-5a.jpg" alt="" width="300" height="400" /></a><p class="wp-caption-text">Everyone wants to be just like Katie Holmes!</p></div></p>
<p>Celebrity copycats, it turns out, do not restrict their mimicry only to the enviable aspects of a Hollywood star's life. Now <a href="http://therealdeal.com/blog/2012/07/03/listings-at-chelsea-mercantile-home-to-katie-holmes-get-a-boost-amid-media-frenzy/">people are scrambling to be just like the soon-to-be-divorced Katie Holmes</a>, <em>The Real Deal</em> reports.</p>
<p>Ms. Holmes, who reportedly signed the lease on Chelsea Mercantile pad a few days before filing for divorce (real estate deals being <a href="http://observer.com/2012/06/feathering-a-big-love-nest-alec-baldwins-betrothed-buys-adjoining-condo/">one of the biggest predictors of a change in relationship status</a>), is said to be generating unprecedented interest in the building. Ryan Serhant, a broker with Nestseeker, tells <em>The Real Deal</em> that interest in one of his listings is five times what it was before Ms. Holmes arrived.<em></em><!--more--></p>
<p>“We went from showing once or twice a week to five showings today, four on Thursday and seven on Friday so far,” said Mr. Serhant. “Celebrities boost exposure and brand value.”</p>
<p>Apparently, the interested parties are entirely unfazed by the prospect of walking through a media scrum to get to Mr. Serhant's listing—a $22.5 million 4,000-square-foot apartment that went on the market this February.</p>
<p>“When people know a building is good enough for a celebrity, it is automatically more valuable," Mr. Serhant told <em>The Real Deal.</em> "You don’t pay $500 for Oliver Peoples sunglasses because they’re better, you pay that because Brad and Angelina wear them.”</p>
<p>Although celebrities including Jane Fonda, Nick Jonas and Marc Jacobs have lived in the Chelsea Mercantile in the past, the building had, Mr. Serhant claims, lost something of its star-studded sheen. And it would seem that Ms. Holmes's power is such that buyers want to emulate her, even as she wades through the misery of divorce (not that Ms. Holmes, with her barely concealed smile, looks all that miserable these last few days).</p>
<p><em>kvelsey@observer.com</em></p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_250103" class="wp-caption alignleft" style="width: 310px"><a href="http://observer.com/2012/07/live-like-a-divorcee-katie-holmes-stokes-interest-in-chelsea-mercantile-building/4209-katie-holmes-5a/" rel="attachment wp-att-250103"><img class="size-full wp-image-250103" title="Everyone wants to be just like Katie Holmes!" src="http://nyoobserver.files.wordpress.com/2012/07/4209-katie-holmes-5a.jpg" alt="" width="300" height="400" /></a><p class="wp-caption-text">Everyone wants to be just like Katie Holmes!</p></div></p>
<p>Celebrity copycats, it turns out, do not restrict their mimicry only to the enviable aspects of a Hollywood star's life. Now <a href="http://therealdeal.com/blog/2012/07/03/listings-at-chelsea-mercantile-home-to-katie-holmes-get-a-boost-amid-media-frenzy/">people are scrambling to be just like the soon-to-be-divorced Katie Holmes</a>, <em>The Real Deal</em> reports.</p>
<p>Ms. Holmes, who reportedly signed the lease on Chelsea Mercantile pad a few days before filing for divorce (real estate deals being <a href="http://observer.com/2012/06/feathering-a-big-love-nest-alec-baldwins-betrothed-buys-adjoining-condo/">one of the biggest predictors of a change in relationship status</a>), is said to be generating unprecedented interest in the building. Ryan Serhant, a broker with Nestseeker, tells <em>The Real Deal</em> that interest in one of his listings is five times what it was before Ms. Holmes arrived.<em></em><!--more--></p>
<p>“We went from showing once or twice a week to five showings today, four on Thursday and seven on Friday so far,” said Mr. Serhant. “Celebrities boost exposure and brand value.”</p>
<p>Apparently, the interested parties are entirely unfazed by the prospect of walking through a media scrum to get to Mr. Serhant's listing—a $22.5 million 4,000-square-foot apartment that went on the market this February.</p>
<p>“When people know a building is good enough for a celebrity, it is automatically more valuable," Mr. Serhant told <em>The Real Deal.</em> "You don’t pay $500 for Oliver Peoples sunglasses because they’re better, you pay that because Brad and Angelina wear them.”</p>
<p>Although celebrities including Jane Fonda, Nick Jonas and Marc Jacobs have lived in the Chelsea Mercantile in the past, the building had, Mr. Serhant claims, lost something of its star-studded sheen. And it would seem that Ms. Holmes's power is such that buyers want to emulate her, even as she wades through the misery of divorce (not that Ms. Holmes, with her barely concealed smile, looks all that miserable these last few days).</p>
<p><em>kvelsey@observer.com</em></p>
]]></content:encoded>
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		<media:content url="http://nyoobserver.files.wordpress.com/2012/07/4209-katie-holmes-5a.jpg" medium="image">
			<media:title type="html">Everyone wants to be just like Katie Holmes!</media:title>
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