Most celebrities scrupulously shield their real estate purchases through a web of limited liability corporations, and most brokers steadfastly refuse to discuss their bold-faced clients. Not Matthew Modine: when he wanted to sell his Chelsea pad at Loft 25, he made a video.
Mr. Modine didn’t get the full $2.29 million for the one-bedroom-with-office duplex at 420 West 25th Street, but his video was quite a hit, according to Halstead broker Mark Friedman, who had the listing. “It definitely got more hits than any other video we’ve done in the history of Halstead.” And Mr. Modine and wife Caridad, did walk away with $2.1 million—a respectable premium over the $1.73 million they paid for the 1,668-square-foot spread in 2008.
Isabella Rossellini is one of those quintessential New York ladies. Born overseas to beautiful people, she moved here to model, then to act, married and divorced Martin Scorsese and eventually got a cameo on 30 Rock. That is why it is so sad to see her leaving town.
The Observer can’t help but wonder if Ashwini Gupta has a $12 million credit line with his company, American Express. That is how much he would need to put his new roost at the Park Millenium on the old gold card.
Mr. Gupta, the chief risk officer at AMEX, and his wife Anita Gupta just purchased a three-unit, 4,846-square-foot spread from Eugene Melnyk, owner of the NHL’s Ottawa Senators, according to city records. The four-bedroom condo first came on the market in September for $16.9 million before being cut to $14.995 million, according to StreetEasy. The site shows it went into contract at the end of April.
Good luck finding a three-bedroom, let alone a three-bedroom penthouse, in Manhattan for less than $2 million. Fortunately, there is Harlem, which has seen a boom in development in recent years, not only in housing but new bars, restaurants and cultural establishments.
Dubbed “Upscale, Uptown!” in its Halstead listing, the 12th-floor penthouse at Read More
Welcome to the latest installment of our ongoing interview series, Meet the Neighbors! Barbara Godson has been working in city real estate for decades since coming to New York even longer ago from the United Kingdom. A doyen downtown, Godson knows every building inside and out, as well as all the streets she traverses Read More
Welcome to the next installment of our ongoing interview series, Meet the Neighbors! Today, The Observer checks in with Richard Grossman, Halstead’s Executive Director of Sales, Downtown. That means he runs all the deals brokered out of Halstead’s Village office, which happens to be not far from his long-time home. Under Mr. Grossman’s direction, the Read More
Real estate has long been a kind of religion in New York City, and you have to love renovated churches for literalizing the metaphor. This $2.25 million two-bedroom condo in Gramercy’s Abbey (formerly the Parish House of St. George’s Church), listed with Halstead VP Kathi Jacob, proves you don’t have to be devout Read More