464 Greenwich Street, the top contract with a $29.9 million ask (The Corcoran Group)
The top contract of the week was 464 Greenwich Street, which was built in 1892 as a roasting plant for a variety of coffee companies, including the Turkish and Arabian Coffee Company, and just entered contract with an asking price of $29,900,000. Olshan Realty's market report identified the owner as fashion mogul Millard "Mickey" Drexler, who is best best known for turning J. Crew and Ann Taylor into household names; his resume also includes
the founding of Old Navy and Madewell, as well as seats on the boards of such companies as Apple, Warby Parker, and Outdoor Voices.
Mr. Drexler brought his eye for style to his house as well, commissioning Thierry Despont for a full renovation into a single-family home shortly after buying it for $5,500,000 in 2008. Features such as a custom eat-in kitchen, gym, sauna, and rooftop terrace were almost certainly not part of the building from the start, but the original signage remains on the front.
Mr. Drexler brought his eye for style to his house as well, commissioning Thierry Despont for a full renovation into a single-family home shortly after buying it for $5,500,000 in 2008. Features such as a custom eat-in kitchen, gym, sauna, and rooftop terrace were almost certainly not part of the building from the start, but the original signage remains on the front.
River Lofts, #PHB (Sotheby's International Realty)
In this article:
Mr. Drexler's townhouse was not the only Tribeca residence in high demand: A few blocks south, a penthouse at River Lofts, a condo development that comprises a Romanesque Revival warehouse and a newly constructed tower, entered contract with an asking price of $10,995,000 for one of the top contracts of the past week. Neither the buyer nor seller has been identified, but past penthouse owners in the building have included Meryl Streep, Chris Martin, and Gwyneth Paltrow.
120 East 78th Street (Sotheby's International Realty)
Further uptown, the historic townhouse at 120 East 78th Street also figured among the top contracts. As per the listing, the house was commissioned by banker Henry Winthrop upon his daughter's engagement and designed by Delano & Aldrich, whose portfolio includes the Knickerbocker Club, the Colony Club, and Chapin School. Its most recent owner was former Simon & Schuster president and CEO Dick Snyder, who bought it for $4.91 million in 1996. The townhouse has been on and off the market since 2012, when it was listed for $26,000,000, and has now entered contract with an asking price of $11,500,000, or 55.8% below the original ask.
464 Greenwich Street, #TH (The Corcoran Group)
From the Listing:
464 Greenwich Street was built in 1892 by builder Hugh Getty for Samuel Crooks, a wholesale coffee and tea merchant. The building was employed as a roasting plant by a variety of coffee companies including the Turkish & Arabian Coffee Company, whose signage remains on the facade. The current owner commissioned the legendary French architect Thierry Despont to reimagine it as a single-family home.
A masterpiece of luxury and design this townhouse is approximately 24 feet wide and spans nearly 9,000 square feet over 5 floors (including cellar and roof deck). The property offers an exceptional 1,500 square foot living room with over 12-foot high ceilings at the top of the building, five bedrooms, six full bathrooms and two half-baths, a custom eat-in kitchen, rooftop terrace, gym, sauna, commercial-sized elevator and unparalleled elegance in design.
464 Greenwich Street was built in 1892 by builder Hugh Getty for Samuel Crooks, a wholesale coffee and tea merchant. The building was employed as a roasting plant by a variety of coffee companies including the Turkish & Arabian Coffee Company, whose signage remains on the facade. The current owner commissioned the legendary French architect Thierry Despont to reimagine it as a single-family home.
A masterpiece of luxury and design this townhouse is approximately 24 feet wide and spans nearly 9,000 square feet over 5 floors (including cellar and roof deck). The property offers an exceptional 1,500 square foot living room with over 12-foot high ceilings at the top of the building, five bedrooms, six full bathrooms and two half-baths, a custom eat-in kitchen, rooftop terrace, gym, sauna, commercial-sized elevator and unparalleled elegance in design.
111 West 57th Street, #29 (The Corcoran Group)
From the Listing:
Direct elevator entry leads into a sprawling full-floor, three-bedroom, three-and-a-half-bathroom Tower Residence that encompasses 4,492 square feet of space on the 29th floor of 111 West 57th Street. The richly detailed finishes are conceived throughout by Studio Sofield and demonstrate an extraordinary commitment to craftsmanship and quality. The formal entry gallery is finished with white macauba stone floors and a dramatic north to south view gallery which leads into the expansive great room highlighted by intricately patterned floors in custom smoke-gray solid oak, 14-foot ceilings and floor-to-ceiling windows through which to enjoy the views of Central Park. The expansive corner south-facing kitchen features a breakfast area, custom cabinetry in a light hand-rubbed finish, stepped crystallo white quartzite countertops and backsplash, and a full suite of Gaggenau appliances.
Direct elevator entry leads into a sprawling full-floor, three-bedroom, three-and-a-half-bathroom Tower Residence that encompasses 4,492 square feet of space on the 29th floor of 111 West 57th Street. The richly detailed finishes are conceived throughout by Studio Sofield and demonstrate an extraordinary commitment to craftsmanship and quality. The formal entry gallery is finished with white macauba stone floors and a dramatic north to south view gallery which leads into the expansive great room highlighted by intricately patterned floors in custom smoke-gray solid oak, 14-foot ceilings and floor-to-ceiling windows through which to enjoy the views of Central Park. The expansive corner south-facing kitchen features a breakfast area, custom cabinetry in a light hand-rubbed finish, stepped crystallo white quartzite countertops and backsplash, and a full suite of Gaggenau appliances.
9 Available Listings for Sale from $7,750,000
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120 East 78th Street, #TH (Sotheby's International Realty)
From the Listing:
Commissioned in 1930 by banker Henry R. Winthrop upon his daughter’s engagement, the architects of this house, envisioned a neo-Georgian residence with a scene-stealing entrance niche. Delano & Aldrich created the dramatic entrance by cutting deeply into the façade with a sweeping curved marble staircase that leads up to the offset entrance door. The arms of the elegant iron fence bow out, mirroring the shape of the entrance alcove. The upper floors of red brick are subtly trimmed in limestone. Inside the rooms boast French paneling, rich hardwoods and carved marble mantles which among other period details have been meticulously maintained and carefully restored.
The house offers 14 rooms on 8 stories above grade with many principal rooms boasting floor to ceiling windows with double exposures facing south and west, bathing them with abundant southern light. With well over 10,000 square feet of interior living space, the house offers a grand formal living room and elegant dining room, a handsome wood paneled library, 8 beautifully proportioned bedrooms each with its own bathroom and 8 fireplaces, a large eat-in chefs’ kitchen with custom cabinetry, a full-size gym and Pilates studio with massage room, and even a large wine storage which can accommodate over 600 bottles.
Commissioned in 1930 by banker Henry R. Winthrop upon his daughter’s engagement, the architects of this house, envisioned a neo-Georgian residence with a scene-stealing entrance niche. Delano & Aldrich created the dramatic entrance by cutting deeply into the façade with a sweeping curved marble staircase that leads up to the offset entrance door. The arms of the elegant iron fence bow out, mirroring the shape of the entrance alcove. The upper floors of red brick are subtly trimmed in limestone. Inside the rooms boast French paneling, rich hardwoods and carved marble mantles which among other period details have been meticulously maintained and carefully restored.
The house offers 14 rooms on 8 stories above grade with many principal rooms boasting floor to ceiling windows with double exposures facing south and west, bathing them with abundant southern light. With well over 10,000 square feet of interior living space, the house offers a grand formal living room and elegant dining room, a handsome wood paneled library, 8 beautifully proportioned bedrooms each with its own bathroom and 8 fireplaces, a large eat-in chefs’ kitchen with custom cabinetry, a full-size gym and Pilates studio with massage room, and even a large wine storage which can accommodate over 600 bottles.
River Lofts (CityRealty)
River Lofts, #PHB (Douglas Elliman)
From the Listing:
Triple Mint renovation! Classic loft in prime Tribeca location. Stunning 4-bedroom, 3.5-bath home includes a 400-square-foot landscaped terrace with outdoor shower. The recently renovated residence includes 3 new bathrooms, the addition of a powder room, spectacular new eat-in kitchen, tray ceiling and lighting in living room, new central a/c system, refinished floors and new doors throughout. Additional features include 11’ ceilings, large skylight in great room and primary bath, custom fitted closets, laundry room with vented dyer and 2 private storage units.
Triple Mint renovation! Classic loft in prime Tribeca location. Stunning 4-bedroom, 3.5-bath home includes a 400-square-foot landscaped terrace with outdoor shower. The recently renovated residence includes 3 new bathrooms, the addition of a powder room, spectacular new eat-in kitchen, tray ceiling and lighting in living room, new central a/c system, refinished floors and new doors throughout. Additional features include 11’ ceilings, large skylight in great room and primary bath, custom fitted closets, laundry room with vented dyer and 2 private storage units.
1 Available Listing for Sale for $2,250,000
1220 Park Avenue (CityRealty)
1220 Park Avenue, #15C (Sotheby's International Realty)
From the Listing:
This exquisite high floor, five-bedroom home which has been featured in House Beautiful, is the epitome of elegant living. The private elevator vestibule opens to a perfectly appointed entry gallery. The grand living room with 10-foot ceilings and a wood-burning fireplace boasts breathtaking Park Avenue views south, overlooking the Midtown skyline.
The adjacent library with a second wood-burning fireplace, flooded with light, also heralds this incredible view. The grand dining room, perfect for large gatherings, completes the gracious entertaining wing. The chef’s eat-in kitchen features state-of-the-art appliances such as a Sub-Zero refrigerator, a Wolf six-burner oven, a Miele dishwasher along with a separate butler’s pantry which includes a Sub-Zero wine and drinks fridge along with an ice maker. The expansive kitchen offers ample room for casual dining and opens up into a fabulous “Great Room” with a home office, all with stunning views of Central Park-- perfect for modern living.
This exquisite high floor, five-bedroom home which has been featured in House Beautiful, is the epitome of elegant living. The private elevator vestibule opens to a perfectly appointed entry gallery. The grand living room with 10-foot ceilings and a wood-burning fireplace boasts breathtaking Park Avenue views south, overlooking the Midtown skyline.
The adjacent library with a second wood-burning fireplace, flooded with light, also heralds this incredible view. The grand dining room, perfect for large gatherings, completes the gracious entertaining wing. The chef’s eat-in kitchen features state-of-the-art appliances such as a Sub-Zero refrigerator, a Wolf six-burner oven, a Miele dishwasher along with a separate butler’s pantry which includes a Sub-Zero wine and drinks fridge along with an ice maker. The expansive kitchen offers ample room for casual dining and opens up into a fabulous “Great Room” with a home office, all with stunning views of Central Park-- perfect for modern living.
2 Available Listings for Sale from $3,250,000
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
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