—How do exposed wood beams compare to a fully tuned Italian V12? Matteo Sardi now knows. The public relations head for Ferrari North America just bought a two-bedroom, one-bath condo at 25 Fifth Avenue. The seller was 25 FIFTH AVE. HOLDINGS, LLC. Life in Greenwich Village is far slower than that from behind the wheel of a Ferrari-red Enzo, and Mr. Sardi should have no trouble gazing down on it from windows on the east, north, and western exposures. The apartment sold for $1.575 million, a discount of five percent from the previous asking price of $1.65 million.
—Stephen Stephanou, a principal at the Madison Retail Group, has sold his glassy two-bedroom apartment in the Handel-designed 505 Greenwich Street. Andy Kwon and Sarah Cantrowitz are moving in from a one-bedroom a few floors up. Sounds like someone had a baby! The sale price for the 1,335-square-foot apartment was $1.55 million, a 6 percent savings. Here’s hoping the baby likes farmers market greens, because this place has a kitchen fit for a king, with all top-of-the-line appliances.
