Category: Not So Hush Hush!

Met Gala Preview 2016

Met Gala Preview 2016 Photo: iStockphoto/Samaro

Fashion’s hottest night is just days away. This coming Monday, May 2nd, the fashion world will convene on the Metropolitan Museum of Art for the museum’s annual Met Gala helmed by Vogue editor Anna Wintour. Everyone from Beyoncé and Jay-Z to George and Amal Clooney to fashion world icons like Cara Delivigne and Stella McCartny clamor for invitations, and the sartorial selections of those who make the cut are par excellence.

This year’s theme – dubbed “Manus x Machina: Fashion in the Age of Technology” – couldn’t be more perfect for our times. The gala marks the opening of the Costume Institute’s exhibit exploring the democratization of the formerly cloistered world of haute couture and high fashion thanks to the proliferation of technology.

As technology brings the world to our fingertips, whether in fashion, music, film, or real estate, creativity abounds as people globally merge and share experiences and technology speeds up the minds of our youth and what we can create. Live streaming and video content continues to grow online and I expect in time this will also transfer into real estate marketing though it hasn’t fully caught on yet.

Live streaming of fashion shows from around the world (remember the Zoolander crew’s cameo at Valentino last spring in Paris?) have exported the shows’ magic to those not able to be there in person. Instagram has turned well-dressed bloggers from every corner of the globe into street style stars and fashion icons. And technology has increasingly been used to both produce and inspire fashion, from designers like Kimberly Ovitz and Pamela Love using 3-d printers to fashion their wares to futuristic designs at Balenciaga produced with elements of engineering and neoprene.

It’s no surprise this year’s sponsor is Apple – not only is the iPhone the choice technological accessory on the red carpet (along with the gateway to Instagram), the tech giant’s upper echelons are stacked with talent poached from the fashion world, including Angela Ahrendts, who used to be the CEO of Burberry and is now SVP of retail and online stores at Apple.

For those whose invitations to this year’s gala got lost in the mail, an incisive documentary will offer an exclusive window into last year’s blockbuster gala, “China: Through the Looking Glass.” Made by filmmaker Andrew Rossi, the film – The First Monday in May – takes viewers behind the scenes of preparations for the gala, and to the big night itself. It premiered at the Tribeca Film Festival earlier this month, no doubt reminding many of the premier’s attendees to start seriously considering their outfits.

Follow this link to see Vogue’s Met Gala Coverage

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Oaktree Capital’s Howard Mark buys 740 Park Avenue Duplex Sells for record $52.4 Million!

Oaktree Capital’s Howard Mark buys 740 Park Avenue Duplex Sells for record $52.4 Million! Courtney Ross' 740 Park Avenue Duplex Sells for $52 Million - Photo Courtesy BHS

Not So hush hush! In New York luxury real estate market the sale of Courtney Sale Ross’ 30-room, 740 Park Avenue duplex for $52.4 million to Howard and Nancy Marks, as reported by The Observer and Curbed set a new record for the most expensive Manhattan luxury co-op sale. The asking price was $60 Million.

Mr. Marks is the founder of Oaktree Capital, a $75 Billion investment fund involved in distressed debt. They also have Read more…

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Celebrity Lifestyles: Not So Hush Hush – Where is Alec Baldwin Moving To?

Celebrity Lifestyles: Not So Hush Hush – Where is Alec Baldwin Moving To? Living Room of Penthouse at Devonshire House - Photo Courtesy of Stribling

The Observer just reported that Alec Baldwin secured the 4,137 square foot penthouse at the Devonshire House late last summer for $11.7 Million. The last asking price was $12.5 Million. Alec Baldwin recently left his Central Park West apartment at the famed El Dorado on the Upper West Side to make the move downtown to New York’s Greenwich Village.

Located on East 10th Street in the heart of Greenwich Village and just east of Fifth Avenue, Devonshire House is a recently converted pre-war building which had previously been a rental building. To its credit Devonshire House has ‘good bones’ meaning big windows, high ceilings and great apartment layouts. The developer added modern Manhattan amenities and re-furbished the common spaces creating one of the most desired and graciously re-designed pre-war condominiums near New York University, Union Square and a short distance from the West Village and Soho.

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New York Luxury Real Estate – The Penthouse Jennifer Anniston wanted sells…

New York Luxury Real Estate – The Penthouse Jennifer Anniston wanted sells… New York Dream View from the Penthouse of 2 Horatio - Courtesy: Curbed

…to Marissa Sackler for $12.5 Million, a 16.4% discount off the asking price of $14.95 Million. In a “Not So Hush Hush” way, earlier this year the rumors were flying all over New York’s Luxury West Village real estate market that Jennifer Anniston was checking out a Penthouse at 2 Horatio St, a pre-war Bing & Bing developed co-op building.

2 Horatio LR - Courtesy Curbed/PDE

As a West Village resident myself, I can attest to the fact that this was not just “broker-buzz” but even all my old-time Village neighbors were whispering excitedly about it. Read more…

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Not So Hush Hush! Who’s Making Luxury Moves?

Not So Hush Hush! Who’s Making Luxury Moves? Photo Credit:

New York newspapers recently reported several luxury purchases and sales.  The NY Post reported that Kelsey Grammer purchased a $6 Million home in the Jean Nouvel designed 100 11th Avenue.  The building on the West Side Highway and 19th St is directly opposite the Frank Gehry designed milky white glass office headquarters for Barry Diller’s Interactive Corp.  

CitiGroup exec Michael Guidice has paid $5.5 Million for two Penthouse apartments at 36 Gramercy Park East, a gorgeous pre-war gothic building on Gramercy Park. Read more…

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Zeckendorf selling for $10,259 per SqFt!

Zeckendorf selling for $10,259 per SqFt! 15 Central Park West (at Left) with Central Park - Photo Credit -Ourbania

William Zeckendorf has signed a contract to sell his 3 bedroom Penthouse apartment at 15 Central Park West for $40 Million. The apartment sale now ranks as the highest per square foot Manhattan residential sale, according to The Real Deal. He reportedly paid his family who developed the building $10.7 Million in 2005 for the unit.

The recent surge in super luxury property sales has lead some real analysts to wonder if this is a wave due to the uncertainty around whether or not capital gains taxes will be raised by the administration in 2011. If so, it may result in a slow down of transactions in this category after the new year, if the change passes Congress. They are due to revisit the issue November 15th.

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Matt Damon Skips Away from 535 WEA

Matt Damon Skips Away from 535 WEA

Not so Hush Hush!  According to Matt Damon turned his back on the 19th Floor 6,600 SF behemoth of a 6 Bedroom apartment at 535 West End Avenue.  The price of this super-deluxe unit has now been chopped to $18.9 Million from the previous asking of $20 Million.  While the price may appear mind-boggling while many are struggling, the higher end of the market has seen a lift in 2010.  The highest priced sale in the building was over $17 Million.

From townhouses to luxury properties, contracts have been signed and sales have happened.  Read more…

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Monday Market Video: Average Manhattan Home Now Costs $2M

Posted on April 4, 2016

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