Society Profile

Shaokao Cheng, Cienna Cheng and Niki Cheng (Patrick McMullan)

The Ottoman Empire: The Power Couple Behind BoConcept

The first time The Observer met Niki and Shaokao Cheng, it was July, during the opening night of Julio Gaggia’s art show. Mr. Gaggia, the boyfriend of the plastic surgeon Mark Warfel, was preparing his work “Living Art: Chelsea Boy Apartment,” during which he would live for five days as a window display model at the BoConcept furniture store on West 18th Street. He spent the week eating, sleeping, working—and performing other, less-mentionable activities—in a showroom that divided him from gawkers outside with a pane of glass.

While we lounged about on the display furniture, socialite photographer Patrick McMullan brought over a petite woman with short, pixie-cropped hair.

“Niki is one of the few Power Asians in New York society,” he loudly whispered, flourishing Ms. Cheng before us. She smiled shyly and posed for a photograph before excusing herself.

It would be two weeks before we realized that Ms. Cheng and her husband owned the store where we had dropped more than one canapé between the cushions of a $3,000 couch.

In fact, the couple owns all five locations of the Danish furniture store in New York City, and another two in New Jersey. But the stores themselves aren’t the reason Mr. McMullan calls the Chengs “Power Asians.” Rather, it’s the couple’s seemingly innate social instincts, their ability to leverage a fairly cookie-cutter, mid-market design base into a celebrity-filled social whirl. One might say “Only in America,” or (even worse) “Only in New York,” but this wouldn’t exactly cover it. There is a certain type that thrives in Manhattan no matter what they’re selling, no matter where they’re from, no matter how few resources they have upon arriving. Read More

penthouse parties

One of Mr. Eklund's photos, via twitter.

Multi-tasking Broker Fredrik Eklund Sells Art and Condos, Shoots Reality TV All at the Same Time

Art shows at on-the-market penthouses are so common that they have arguably supplanted open houses in many of the city’s trendier corners, but art made and sold by the penthouse’s listing broker is something new.

Last night Douglas Elliman broker Fredrik Eklund hosted an exhibit of his photography in the penthouse of 50 Lispenard Street. Mr. Eklund told us that all 25 photographs at the event sold. The penthouse, listed for $4.55 million, is still on the market. (Mr. Eklund has the entire six-unit building, which is half sold). Read More