Glen T. Senk, former CEO and director of Urban Outfitters Inc, has sold his Upper East Side co-op for $5 million, according to city records. Mr. Senk bought the UES pad at 1060 Fifth Avenue for $4.56 million in 2006. The initial asking price was $5.95 million back in January but it was reduced to $5.495 million and finally sold for $5 million, after it had been on the market for over 41 weeks. Betsy Green of Prudential Douglas Elliman exclusively brokered the apartment until May when her exclusive expired. Leighton Candler of The Corcoran Group successfully took over the listing.
Ofer Yardeni and Joel Seiden have purchased the residential building located at 103 East 86th Street in Manhattan's Upper East Side for $76 million. Mr. Yardeni and Mr. Seiden are founders of Stonehenge Partners, a New York-based real estate company that acquires, redevelops, finances and manages commercial as well as residential real estate.
The buyer of the Upper East Side’s Rothschild Mansion at has been revealed today. Steel magnate, Leroy Schecter, 85, has purchased the townhouse for $25 million, according to The Post. Mr. Schecter is chairman of steelmaker Marino/Ware Industries and is also the owner of the recently listed $95 million 15 Central Park West apartment.
The most expensive zip code in the United States is 10065, according to Forbes. The area runs from 60th Street to 69th, from Fifth Avenue all the way to the East River.
It has been several years since we heard, for the first time, that the Rothschild mansion at 41 East 70th Street had been placed on the market. A long time has passed and many price changes have followed. Bloomberg News reported that the townhouse has been sold to an unknown buyer for $25 million.
Carmelo Anthony and his wife La La have been spotted checking out a rental at 1055 Park Ave. This 2,800 square-foot luxury unit comes with the price tag of $22,000, and all the amenities along with it. It has floor to ceiling windows, a rooftop terrace, unique architectural details and even a private spa like gym in which only 4 residents have access to.
The latest member of the "$100 million apartment club" is inside the Sherry Netherland at 781 Fifth Avenue. The 7,000-square-foot, 15-room, 7-bedroom, 8-bathroom apartment occupies the entire 18th floor and is in possession of some fairly stellar views.
The townhouse at 26 East 73rd Street in Manhattan’s Upper East Side has sold for $21million, which makes it the most valuable sale of the week. The six-floor, five-bedroom and five-bathroom townhouse was built in the 1890’s, has five fireplaces, a sweeping staircase and a charming rooftop garden. Alexander McMillan Welch, according to the NY Times, designed it. It had been on the market for 56 weeks and was completely renovated between 2005 and 2007. The seller bought the townhouse in 2007 for $18 million.
The commercial building at 1059 Third Avenue on Manhattan’s Upper East Side has been purchased for $31.5 million by a first-time NYC developer. The buyer had a huge interest in the property, and the buyer was selected due to his ability to pay all in cash within 30 days. No word on if this was delivered in a delightfully suspicious briefcase full of Ben Franklins.
This week the Brodsky Organization unveiled 135 East 79 Street’s new facade on its newly released property website. The 19-story building, which was the former location of the Hunter College School for Social Work, is going to have apartments sizing from 2 to 5 bedrooms with prices ranging from $6.8 million to $20+ million. So, you know, a steal. Interested brokers and buyers have the opportunity to call dibs on their preferred bedroom number. The designer of 135 East 79th is William Sofield, who wants the property to be a throwback to vintage city styles.
The oldest building on 5th Avenue between 59th and 110th street was listed for $25 million and has been sold for $32 million, which is nearly 30% above asking price. Not too shabby. The building located at 815 Fifth Avenue has approximately 10,000 square feet, which is divided into 12 apartments and two offices. The seller purchased the building in the 1950’s for $120,000 and converted it into a residential building, according to the Wall Street Journal.
Qatar Prime Minister, Sheikh Hamad purchased a townhouse for nearly $50 million at 22 East 71st Street, reported the NY Post. The deal was made in absolute secrecy without the involvement of a broker, but the deal was instead done through Tower Management Holdings in order to protect the identity of the Prime Minister.
The townhouse was bought from RFR Realty President Aby Rosen who reportedly was famed for throwing incredible parties at the townhouse.
The financially struggling co-op/Hotel on the Upper East Side, The Mark, won a battle against former co-op buyer Roberta Campbell. Campbell refused to stick to the purchase agreement and did not pay the down payment of $4.68 million. The NY Times reports that the buyer found “missing cooktop grates, shower enclosures and a microwave; unfinished floors; and a lack of heat, hot water, gas and air-conditioning”. Unfortunately, this is not an early 20th century slum, so this stuff doesn’t fly. The judge ruled against her as Ms.
We learn that the new Yankees outfielder Ichiro Suzuki has just rented a NYC apartment at the beautiful Laurel condominium on Manhattan’s Upper East Side. The apartment is a 2778-square-foot, 4-bedroom, with 3.5-bathrooms. It had been on the market for only three days before Ichiro made it his “home run”. The monthly rent of the apartment is about $40,000.
