While Revlon owner Ronald O. Perelman was roiling the placid waters of the Upper East Side street scene with his tussle with Le Bilboquet owner Philippe Delgrange, Mr. Perelman’s son, Steven G. Perelman, was making a ripple of his own downtown.
Mr. Perelman, who was senior vice president of hair care and hair color at Revlon until 2001, when he left his father’s company, recently purchased a commercial condo on the ground and basement levels of the Paradigm, a 12-story residential development at 146 West 22nd Street, for $1.57 million, city records show. According to deed records on file with the city, Mr. Perelman-one of the billionaire’s six children-purchased the condo in the new development at the end of September.
The retail condo includes an 1,835-square-foot ground floor with nine-foot ceilings and a basement level covering 1,652 square feet.
Kenneth Horn of Alchemy Properties was the sponsor broker on the sale. Mark Kapnick of Robert K. Futterman and Associates represented Mr. Perelman.
Through a spokesperson, Mr. Perelman declined to comment.
According to partners involved in the deal, the space is being renovated into a new location for Mantiques Modern, a popular mid-century modern-furniture boutique that has been open across the street at 139 West 22nd Street since 2003.
“There was an opportunity that presented itself, so we just took the opportunity,” said Kenneth Felberbaum, one of the Mantique partners, speaking to The Observer . “The current square footage is 2,000 square feet; we’re going to nearly double that. We’re currently on one level, and we’re now going to be on two floors.”
Mr. Felberbaum said Mr. Perelman is one of three equal partners in the boutique, along with fellow investor Cory Margolis, who ran the Mantiques Boutique at the Antique and Design Center on Second Avenue between 55th and 56th streets before the three went into business together. The store carries imported 20th-century French pieces and is visited by celebrity designers, including Thad Hayes, Steven Learner, Sills Huniford and Joe D’Urso.
The Paradigm, on 22nd Street between Sixth and Seventh avenues, is a 40-foot-wide sliver of a building that has 12 full-floor apartments ranging in price from $1.4 million to $2.2 million. Alchemy Properties developed the site in 2003. The building features a sleek façade of steel-gray granite framed by eight-foot windows and a pair of balconies for each apartment.
After chronicling kitsch, cool and quirky products for The New York Times ‘ Sunday Business section, “The Goods” columnist Brendan I. Koerner has landed some goods of his own. In September, Mr. Koerner purchased a Harlem condo at 3 West 122nd Street for $402,000, according to city records.
Broker Julie Keyes of Douglas Elliman handled the sale. Mr. Koerner didn’t return an e-mail seeking comment.
While his journalistic focus tends toward cutting-edge technology, Mr. Koerner’s architectural predilections are solidly historic. The one-bedroom, one-bathroom condo near Marcus Garvey Memorial Park includes original moldings and tiles and has 12-foot ceilings. The building has a roof deck under construction.
The listing first came on the market in April 2004 at $479,000, before Mr. Koerner closed on the deal in September, city records show.
Mr. Koerner is a Fellow at the New America Foundation and was formerly a senior editor at U.S. News & World Report , covering topics like higher education, religion, business and technology. Mr. Koerner’s pieces have also appeared in Wired , Harper’s , The Washington Monthly and Mother Jones , among other publications. At The Times , Mr. Koerner’s weekly column comes as part of former Fortune editor Jim Impoco’s revamping of the once-demure Sunday Business section in an effort to spruce up the coverage. In his column “The Goods,” part of the section’s recently added “front of the book,” Mr. Koerner has most recently profiled Jolt gum, which he described as a spin-off of the “jitters-inducing soft drink [that] was briefly a junior-high-school fad before maturing into a niche brand, popular among computer nerds.” Mr. Koerner’s other recent columns have covered Goth-inspired watches, No Cooties Travel Spray and-perhaps a portent of the red-state victory in last week’s election-the new John Deere American Farmer video game.
Recent Transactions in the Real Estate Market
Upper West Side
176 West 86th Street
One-bedroom, one-bathroom condo.
Asking: $485,000. Selling: $510,000.
Charges: $519; taxes: $3,204.
Time on the market: one week.
DECKED OUT BY DESIGN Manhattan apartment shoppers benefit from the city’s design-attuned glitterati, who deck out their apartments to match their stylish professions. When this twentysomething fashion buyer for Ross Department Stores scoured the Upper West Side for a condo, she pounced and paid all cash for this one-bedroom apartment which had been transformed by a Universal Music graphic designer and her musician husband, who had recently relocated to Nashville, Tenn. “It looked like a country home in Manhattan,” said exclusive broker Meredith Fine of B.P. Vance Real Estate. The duplex covers 650 square feet and has yellow sponge-painted walls, stainless-steel appliances in the kitchen and a 25-foot-long storage closest. When not outfitting her Manhattan apartment, the Universal Music designer conceived cover art for albums, including the Gladiator soundtrack. “She had wonderful taste,” Ms. Fine said. “There’s really no other apartment around like this one.”
77 Bleecker Street
Two-bedroom, three-bathroom co-op.
Asking: $1.2 million. Selling: $1.15 million.
Maintenance: $2,003; 57 percent tax-deductible.
Time on the market: five months.
MANHATTAN’S WEST COAST After relocating from San Francisco, the engaged couple who bought this loft in the Bleecker Court building (he’s a doctor; she’s a financial advisor to nonprofits) wanted to recreate the eclectic feel of their former West Coast outpost. “They loved the neighborhood,” said their broker, Linie Chang of Douglas Elliman. The 1,800-square-foot apartment has hardwood floors, exposed brick and three tiled bathrooms. The building, on Bleecker Street between Mercer Street and Broadway, has amenities that include a courtyard, a roof deck and a security guard. Nina Phillips of the Corcoran Group represented the sellers.
411 Fifth Street
Three-bedroom, three-and-a-half-bathroom townhouse.
Asking: $1.3 million. Selling: $1.3 million.
Time on the market: four weeks.
HANDYMAN, SPECIAL Two years ago, the owners of this 2,240-square-foot Park Slope townhouse-a small business owner and his attorney wife-put the residence on the market. This was back before the leafy nabe (the new Upper West Side!) welcomed A-list arrivés including Caroline Kennedy Schlossberg and Jennifer Connelly; now, seven-figure sales are de rigueur up and down the tree-lined blocks sloping up to Prospect Park. As the Brooklyn renaissance continues apace, the owners of this townhouse relisted the place when they decided to ship off to woodsy Bedford, N.Y. They found a Park Slope couple who wanted to trade up from their two-bedroom co-op for townhouse living. “The owner was very handy, and he did a lot of work to the house,” said Corcoran senior vice president Minette Stokes. The prewar townhouse was built in 1890 and retains its original details, including pocket doors, pier mirrors, moldings and parquet floors. The three-bedroom residence also has an eat-in kitchen, a live-in greenhouse with a gas-burning fireplace and a finished basement.