Manhattan Transfers

6 Photos

That's a whole lot of terrace.

The Frick’s Sick $6 M. Penthouse

In terms of real estate, the Frick Collection occupies one of New York’s most enviable residences. The museum, housed in Henry Clay Frick’s former mansion at 1 East 70th Street, represents a largely bygone era when New York’s industry titans lived like kings in lordly city estates. Unbeknownst to most, however, the Frick Collection was, until very recently, in possession of another abode: a Park Avenue penthouse.

While the apartment cannot be compared to the Frick’s primary homestead, it is a substantial home nonetheless. The two-bedroom, two-bath penthouse sits atop 1112 Park Avenue, a pre-war co-op at the corner of 90th Street—making it just two blocks from The Guggenheim, it so happens. Read More

Politics

The Frickin’ Ball!

Outside the Frick Collection’s Young Fellows Ball last Thursday, torrential rain added to the hothouse feeling of the evening’s theme, Chinosierie. In the covered garden courtyard, tuxedo-clad waiters ferried flutes of Veuve Cliquot and tumblers of the evening’s signature vodka cocktail, The Ginger Dragon. Fittingly, DJ Anton spun his tunes in the Music Read More

For $13.5 M., Even Maid Gets a Vu

Every single room has a view of Fifth or the Frick! Even the maid’s room!” Thus cooed Key VenturesA. Laurence Kaiser IV, who represented the buyer with colleague Craig M. Dix, in the trade of the maisonette at 2 East 70th Street.

According to sources close to the deal, the Frick Collection-fronting apartment inside Read More

Quick Culture

The 60-Second Art World

Winner of the Week: Frick Collection director Anne L. Poulet, who announced she’ll retire in Sept. 2011 after eight years there, and much success fund-raising. Let the search for a replacement begin!

Loser: Damien Hirst collectors, who are seeing the (near-term) resale value of their art sink in the wake of the Lehman Brothers Read More