Manhattan Transfers: Recent transactions in the real estate market

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181 East 73rd Street

Three-bed, two-bath, 1,500-square-foot postwar co-op.

Asking: $525,000. Selling: $500,000.

Maintenance: $1,420; 63 percent tax-deductible.

Time on the market: one month.

LISTEN, HONEY, DON’T TELL A SOUL, BUT I’VE HAD A LITTLE WORK DONE The doctor-and-wife team who sold this apartment had done a lot of plastic surgery on it since they’d moved in three years ago. A previous owner had already sutured a bedroom from a neighboring apartment onto their living room. The doctors implanted french doors, did an outdated-bathroom-ectomy and gave the kitchen a face lift. Not to mention the liposuction on the lighting-just a little updating. All together, they’d sunk a Cher-esque reconstruction fee into the residence of a certain age (O.K., it was built in the 60’s). Broker: William B. May Company (Margery Hadar).

530 East 76th Street (Promenade)

Three-bed, 2.5-bath, 2,552-square-foot postwar condo.

Asking: $1.349 million. Selling: $1.38 million.

Charges: $2,211. Taxes: $1,241.

Time on the market: seven months.

Marv Albert TAKES A BITE OUT OF MANHATTAN Some things are going well for alleged back-biter Marv Albert. The Jets haven’t fired him from announcing their games. He was voted “most respected broadcaster” by professional athletes in Sport magazine. And he sold his apartment, which he had just bought four years ago, for more than he’d expected to get. Yessss! On the 29th floor of the Promenade, a citadel of 1980’s-era glitz overlooking the East River, Mr. Albert’s condo has all the luxury accouterments a middle-aged swingin’ divorced guy could want: an announcer’s-booth view of the midtown skyline, a balcony, a 900-square-foot master bedroom suite. No doubt the new owners, freshly betrothed business folk who wanted a place big enough to one day start a family in, won’t cause the same stir at the 38th-floor swimming pool as Mr. Albert and his indoor-outdoor toupee. Broker: William B. May (Eric Ozada).

East 60’s near First Avenue

Three-bedroom, three-bath, 1,600-square-foot postwar co-op.

Asking: $450,000. Selling: $420,000.

Maintenance: $1,543; 58 percent tax-deductible.

Time on the market: two months.

BRINGING UP BABY A few years ago, the buyers of this apartment married and moved into a largish one-bedroom-a “junior four,” in brokerese. It was adorable-until they had “the kid.” Quickly running out of room, they decided to sell junior (the apartment, that is) and find a bigger place. Junior went quick; they then had a countdown to buy before they were homeless. After a frenzy of apartment-shopping, they settled on this substantially larger place, in an early (which means not-made-of-cardboard) postwar building. Actually, it’s two apartments, a two-bedroom and an adjoining studio, that were being sold together. They decided to hire an architect to rejigger the space and legally fuse them into one apartment, with one certificate of occupancy (one of those tricky, but very important, New York City bureaucratic things). Now their master bedroom will have a dressing area and walk-in closet, and there’s an extra bedroom and bathroom in which they can house their children-of-tomorrow. Broker: William B. May (Paula Schott).

Upper West Side

140 Riverside Drive (Normandy)

Two-bed, two-bath, 2,000-square-foot prewar co-op.

Asking: $930,000. Selling: $995,000.

Maintenance: $ 2,020; 50 percent tax-deductible.

Time on market: six months.

ADVERTISING EXECS GET SOLD A couple who work in advertising could see underneath the 60’s interior design of this apartment, which also has a wood-burning fireplace and terrace, and envision a sophisticated perch. After all, it is the Normandy, a late Emory Roth construction. It has a classic Art Deco lobby with marble paneling, mosaic tile floors and veteran doormen: Woden (Woody) Rodriguez, a senior doorman, has been working here for 25 years, but is only the fourth most senior employee. And the building is home to Zero Mostel’s son and Ted Koppel’s daughter. There’s also a gym, a small outdoor garden and a communal darkroom. Broker: Orsid Realty Corporation (Olga Fisher).

East Midtown

50 Sutton Place South

Two-bed, two-bath, 1,350-square-foot postwar co-op.

Asking: $329,000. Selling: $322,500.

Maintenance: $1,344; 50 percent tax-deductible.

Time on market: 2 years 6 months.

DEAR, IT APPEARS THE ‘NEW PEOPLE’ WANT TO GET RID OF OUR STUFFED POOCHIE! The buyers of this Sutton Place apartment, a financial consultant and family, had to endure a harrowing approval process when the sellers, an Australian grande dame and her husband, who had initially agreed to their bid, decided to reconsider. You see, they had received a flurry of competing offers; formal types found the flat’s Continental charm-heavy velvet drapes, a Baccarat chandelier, baby grand piano-irresistible. There’s even a silver rolling bar for tippling. When the elder couple’s confidence in their newfound buyers faltered, a civil, yet intense battle of the wills ensued. After hand-wringing, the sellers decided to go with their original choice. The new owners aren’t fans of the drawing room interior-say goodbye to those drapes, Mother! Broker: Corcoran Group (Steve Cid).

Greenwich Village

114 East 13th Street

1,000-square-foot loft condo.

Asking: $310,000. Selling: $325,000.

Taxes: $450. Charges: $694.

Time on market: two days.

BETTER PAY ALL CASH, OR THE SELLER’S GONNA KICK YOUR ASS! Closing a co-op deal in a half an hour? Maybe when it’s an all-cash transaction with a seller who wants out and a buyer who’d been drooling over the building for some time. The seller had spent less than a week in the place before she decided New York wasn’t for her. The buyer had friends there. The apartment is a corner loft with 12-foot ceilings, eight-foot windows with northern exposures and a balcony. The building, built in 1908, was originally a felt factory and has a common roof deck with garden and an atrium lobby. The buyer, a writer, is thinking about softening the open space with a semicircular wall against one corner of the room. He wants the concave side, which would face the center of the room, to be lined with a curved banquette and paired with a circular table to use as a dining space. But what to do with the punching-bag hook hanging in the middle of the space? A lady kickboxer used to live there-hey, bet she loves that snazzy new Condé Nast Sports for (semi-liberated) Women ! Broker: Halstead Property Company (Bill Nicolai).

136 Waverly Place

Two-bed, one-bath, 1,150-square foot prewar co-op.

Asking: $399,000. Selling: $385,000.

Maintenance: $1,284; 50 percent tax-deductible.

Time on the market: one week.

SOMETIMES LOVE COSTS A BIT MORE A doctor met an advertising agent; they dated; decided they liked each other enough to share a bathroom. Meanwhile, in Greenwich Village, the owner (an out-of-towner) of this once-quite-elegant apartment, in a 1928 building, decided to sell instead of rent. The bathroom was old, the floors needed to be redone, the kitchen was tragically original; everything had been painted so many times the doors wouldn’t close. On top of that, the tenant was a law student who thought of it as a dorm. It showed. The doctor and advertising agent dropped by and thought: The building is very nice, in the middle of everything. There’s an eat-in kitchen, fireplace, village views that include little snips of Washington Square Park between buildings. The only problem: The law student had seven months left on her lease, and the doctor had already unloaded his place, and they were both squeezed into the ad guy’s studio. “It used to be people would say, “Eh, I’ll look around for another month,'” said the broker. “But they said, God, everything we’ve seen has gone so quickly, we’d better just take it.” Somehow the relationship survived half a year in a studio, plus a couple of months more of renovation. Broker: D.G. Neary Realty Ltd.

Park Slope

147 Sterling Place

Four-story brownstone.

Asking: $540,000. Selling: $525,000.

Time on market: two weeks.

THE DISCREET CHARM OF THE BOURGEOISIE At Lamaze class, this expectant pair was reassured that they were making the right move. A clothing designer and computer special effects designer, they were living on Riverside Drive and had just committed to a Park Slope brownstone. As their classmates introduced themselves, our couple broke into smiles; their fellow breeders were all from Park Slope or the Upper West Side. On Labor Day, they were still rooting through boxes when her contractions started. The wee one now lives in the North Slope between Flatbush and Seventh Avenue, which is teeming with cuddly dads and strollers. The family of three lives in the garden apartment, and the three upper floors are occupied by renters. The house has the goods: ornate woodwork, pocket doors, pier mirrors, bay windows, marble mantles and working fireplaces. As the buyers continue to procreate, they plan to renovate and expand upstairs to the parlor floor. Broker: Brooklyn Properties of Seventh Avenue Inc. (Roslyn Huebener).


Cross-Dressing Mary Poppins Lands on Her Dream Home

A few weeks before Victor, Victoria had to be closed on July 27 because it started to lose way too much cash, the husband-and-wife investors in the show, Blake Edwards (director) and Julie Andrews (star) bought themselves a new home in the Hamptons for $1.35 million.

The house, on Hedges Lane in Sagaponack, is East End postmodern, built just after the Bonfire of the Vanities era in 1989. It has four bedrooms, pool, pond, triple-height living room, marble baths and a third-floor observatory loft; the whole place is about 3,900 square feet. Architecturally, it was described in the listing as “spacious barn-style.”

Mr. Edwards was a producer of Victor, Victoria , which was a money-making star on Broadway its first year until Ms. Andrews, who is 61, became ill. While its crowd-pleasing gender bender suffered pneumonia, bronchial infections and a ruptured gall bladder, the show cast Liza Minnelli and other problem children in the lead role and began losing money, ultimately only reaching half its capitalization. Which means the couple don’t get their money back-at least until the producers can get the insurance company to pony up the disabled-star insurance they bought in case Ms. Andrews became incapacitated. If the insurance company won’t pay, even a spoonful of sugar probably won’t do the trick.


The sale of four lofts at 47 Mercer Street listed in last week’s column was co-brokered by Douglas Elliman agents Ruth Hardinger and Michael Norton.

Manhattan Transfers: Recent transactions in the real estate market