Park Avenue and Beyond: Scarsdale Art Collectors Buy Lots of Wall Space

Bed Bath & Beyond sells some lovely home furnishings, but it is not exactly Park Avenue caliber. So will Marty and Rebecca Eisenberg be stocking their new home with OXO utensils and Simple Human garbage cans, or are supplies from Williams Sonoma in order? And will there even be room for anything besides the big box scion’s 2,500-piece art collection?

The Eisenbergs–who have traded-up Scarsdale homes in the past just to make more room for the emerging artists’ work they favor–have just purchased an 11th-floor four-bedroom co-op at 791
Park Avenue
. They paid $8.48 million, according to city records, or about the price of a decent Basquiat. The home is perfectly located, too, not only with its proximity to the Whitney and Museum Mile, but considering Mr. Eisenberg serves on committees at MoMA and the Studio Museum in Harlem, he now sleeps about halfway between both.

And while a downtown loft might make more sense for cutting-edge collector, an 11-room Park Avenue apartment certainly has more wall space for displaying art. “The entire residence has beautiful moldings, new picture windows and thru wall air conditioning,” Bonnie Chajet and Ronnie Lane write in their Warburg listing. “This apartment is a true gem in a white glove building with an attentive staff, a bright exercise room and a large storage bin.” Oh good! More room for art. And that’s not counting the 21 closets.

The nice, but not spectacular, 1925 building rises to 14-stories, with two-units per floor, and was designed by George and Edward Blum. Ivar Krueger, the Swedish match king, once occupied the penthouse, before it became home to writer Edna Ferber. These days, the building is mostly stocked with the professional types that might buy some of the Eisenberg’s art–at a premium, of course.

Among them are the sellers of this spread, Nancy and Jeffrey Lane, who founded his own asset management company after doing the same work for Lehman Brothers for years, until he was hired away by Bear Stearns just as the bank was cratering. They list an address on the 26th floor of 800 Fifth Avenue, one of the thoroughfare’s top rentals, where a two-bedroom on a high floor goes for upwards of $15,000 per month.

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mchaban [at] | @mc_nyo Park Avenue and Beyond: Scarsdale Art Collectors Buy Lots of Wall Space