New York City’s greatest transactions to date this yr closed in June, with an nameless purchaser paying $157.5 million in whole for 2 full flooring on the ultraexpensive 220 Central Park South.
The purchaser, whose identification was shielded by the restricted legal responsibility firm Chancery Lane, purchased the 60th flooring for $82.5 million and the unit above for $75 million, based on metropolis property data, presumably to mix. Both had been resales.
Also on the limestone skyscraper, located close to Columbus Circle in Midtown: A sponsor house on all the 67th flooring was acquired for $59.5 million, and a half-floor unit on the 36th flooring, one other resale, bought for $23 million.
All the resales on the practically sold-out condominium advanced — 4 have closed so far — had been purchased for greater than their authentic buy costs, a transparent indication that the residences there can maintain their worth (after which some), even throughout a pandemic. (The first resale, in May, bought for 23 % extra.) The identical can’t be mentioned for another high-end buildings, like One57, the glassy-blue high-rise at 157 West 57th Street on billionaires’ row, the place items have been promoting at deep reductions from the unique buy value.
“It’s likely because of construction quality and proximity directly to Central Park,” mentioned the appraiser Jonathan J. Miller of the resale at 220 Central Park South. “The development is more about Central Park than it is “billionaires’ row.”
Other notable June closings befell downtown. In Greenwich Village, the property of Bruce Davis, a private harm lawyer and the TV pitchman for 1-800-LAWYERS, bought his townhouse. And Steve Ells, the founding father of Chipotle Mexican Grill, bought his penthouse to the Swiss chef Daniel Humm. In SoHo, the hotelier André Balazs lastly discovered a purchaser for his house.
On the Upper West Side, the actor and singer Patina Miller and her husband, David Mars, a enterprise capitalist, purchased a brownstone. The actor Cynthia Nixon and her spouse, Christine Marinoni, a outstanding activist, bought a townhouse in Kips Bay.
And in one other of the month’s over-$50 million transactions, the true property investor David Levinson and his spouse, Simone Levinson, bought their townhouse close to Central Park on the Upper East Side.
At 220 Central Park South, every of the three full-floor residences bought in June embody 5,935 sq. ft and have 4 bedrooms, 5 full loos, two powder rooms and two 48-square-foot balconies, based on the most recent providing plan. The priciest of those items, No. 60, additionally got here with a 545-square-foot studio on the 18th flooring.
The half-floor house, extending 2,455 sq. ft, has two bedrooms and two and a half loos.
The sellers of the 60th and 61st flooring, each utilizing restricted legal responsibility corporations, profited handsomely, property data present, with the decrease stage closing in April 2020 at $50.9 million and the opposite higher flooring in March 2020 at $51.four million. The nameless vendor of the 36th-floor unit additionally noticed a acquire, having paid $21.9 million for the house in October 2019.
The Central Park South condominium is town’s most costly residential constructing, and arguably the world’s most worthwhile. Sales have topped $2.86 billion as of April 2021, based on the most recent monetary assertion from the developer, Vornado Realty Trust, and 91 % of the items have been bought. This contains the nation’s highest-priced single residence: 4 full flooring purchased by the hedge fund supervisor Kenneth C. Griffin in early 2019 for practically $240 million.
On the Upper East Side, the Levinsons bought their townhouse at 11 East 69th St., close to Fifth Avenue in the Lenox Hill neighborhood, for $53.5 million. They had bought the constructing again in 2004 for $9.5 million from the nonprofit American Friends of the Hebrew University.
The six-story, limestone constructing, which underwent in depth renovations, was erected in the 1920s and as soon as served as an house home. It has round 16,352 sq. ft of inside house.
The new proprietor used the entity Acuspi No. 1 Ltd. in the transaction.
A 25-foot-wide brick townhouse bought for $19 million at 25 West 10th Street.Credit…Tom Grimes for Sotheby’s International Realty
The property of Mr. Davis bought his brick townhouse at 25 West 10th Street, close to Fifth Avenue, for $19 million. The five-story, 25-foot-wide Greek Revival constructing has a basic entrance stoop and loads of out of doors house. There’s a roof deck, a 25-by-28-foot rear backyard, and terraces on the parlor and fourth flooring.
The inside measures 7,457 sq. ft and contains eight bedrooms, plus an workplace that might be transformed into one other bed room; seven full loos; two powder rooms; and 7 fireplaces.
The purchaser used the restricted legal responsibility firm La Maison Des Fruits.
Mr. Davis, who died in 2018, had purchased the home in 1996 for $1.9 million. It was first listed for $25 million in March 2020.
Around the nook, at 40 Fifth Avenue and 11th Street, the penthouse bought by Mr. Ells, for $14.5 million, was the month’s most costly co-op transaction. Mr. Ells, who based Chipotle in 1993 and served as its chief govt till 2017, had paid $11 million for the unit in late 2009.
The penthouse, one among three in the limestone-and-brick house home, has 4 bedrooms, 4 loos and a wood-burning hearth.
The new proprietor, Mr. Humm, the chef, is now a number of blocks from his restaurant, Eleven Madison Park, by Madison Square Park, which just lately reopened with an all-vegan menu.
The house bought by Mr. Balazs is on the 10th flooring on the New Museum Building, at 158 Mercer Street, between Houston and Prince Streets. (An alternate tackle is 583 Broadway.) The closing value was practically $10.four million.
Mr. Balazs has developed quite a few resorts, together with the Chateau Marmont in Los Angeles and the Mercer Hotel in New York. He purchased the SoHo dwelling for nearly $5.eight million in 2003. The property has been on and off the market since 2006; final yr it was listed for as a lot as $12 million.
The four,200-square-foot unit accommodates 4 bedrooms, one among which is getting used as an workplace and one other as a health club; two and a half loos; an amazing room with a hearth; and a laundry room. The main bed room suite options an infinite dressing room and a separate walk-in closet.
The consumers had been listed as David Barry, the president of Ironstate Development, and his spouse, Kyra Barry, who served because the group chief for the United States girls’s nationwide wrestling group.
Ms. Miller and Mr. Mars purchased a brownstone on West 75th Street for $10.5 million. The vendor, recognized as Amy Diane Connor, made the transaction by way of a belief; she had listed the house for slightly below $12 million.
The Renaissance Revival home, 22 ft broad and 5 tales excessive, encompasses round 9,800 sq. ft and has a full, completed basement. There can be ample out of doors house that features terraces on the rooftop and off the household room on the fourth flooring, in addition to a rear patio on the bottom flooring.
The dwelling accommodates seven bedrooms and eight loos.
Ms. Miller received a Tony Award for finest actress in the Broadway musical “Pippin,” and likewise appeared as Commander Paylor in the “Hunger Games” films. Mr. Mars is a associate in the enterprise capital agency White Owl Capital Partners and a founding father of Windstream Energy, which specializes in wind energy.
The actor Cynthia Nixon and her spouse, Christine Marinoni, a outstanding activist, purchased a townhouse in Kips Bay.Credit…Todd Heisler/The New York OccasionsThe couple paid the complete asking value, $four.four million, for the four-story constructing on East 32nd Street.Credit…Photo Courtesy of The Townhouse Experts, LLC
Ms. Nixon and Ms. Marinoni paid $four.four million, the complete asking value, for a townhouse on East 32nd Street, between Third and Second Avenues.
The four-story constructing, which has a complete of three,984 sq. ft of inside house, is at the moment divided into three residences. The proprietor’s unit on the primary two flooring has two bedrooms with en-suite loos on the parlor stage, and on the decrease backyard stage is a rest room, kitchen, eating room and a big front room with a hearth that opens to a 49-by-19-foot rear backyard.
Each of the opposite two residences has two bedrooms and one rest room.
Ms. Nixon, finest identified for her position because the lawyer Miranda Hobbes on the “Sex and the City” TV collection, had been hoping to maneuver into the New York governor’s mansion in Albany. She misplaced the Democratic main to the incumbent Andrew M. Cuomo three years in the past. Ms. Marinoni is an activist for L.G.B.T.Q. rights and high quality training.
And in end-of-the-month closings, the actor and singer Linda Lavin and her husband, Steve Bakunas, additionally an actor and a musician, received $1.09 million for his or her one-bedroom, one-and-a-half-bath co-op at 200 Central Park South. The couple had paid $949,000 for the unit in 2008.
Ms. Lavin, a Tony Award winner, is finest identified for her position in the TV sitcom “Alice.”
The consumers had been Howard and Irina Smulewitz.
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