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Sunday, May 17, 2015

Curbed NY- Soho

Soho

HOLY REAL ESTATE

Trinity Church Puts $12M Soho Townhouse on the Market

Manhattan's Trinity Church, one of the richest individual parishes in the world due to its approximately $3 billion in real estate assets, has put its townhouse at 37 Charlton Street in Soho on the market for $12 million. The house was purchased at the request of the Rev. James Cooper when he became the church's rector in 2004. The church paid $5.5 million at the time. However, now that Cooper has been replaced, the church has decided that the new rector, the Rev. William Lupfer, will be able to make do in a $15,000/month apartment in Battery Park City with three terraces, and that the money from the sale of the townhouse could "be used to support Trinity's mission." Presumably that's in reference to its charitable mission, and not its mission of building a giant glassy condo tower in the Financial District.
Look around the beautiful townhouse >>
BACK ON THE MARKET

Novogratz Townhouse Sells in Bankruptcy, Is Quickly Relisted

Last year, the Novogratz-designed townhouse at 1 Centre Market Placein Little Italy: nobody wanted to buy it, and its owner was bankrupt. Now, after a bankruptcy sale in which the house was purchased for $5.5 million (down from an original ask of $6.5 million) by an entity known as Heritage Funding, LLC, only one of those problems remains. The house has been put back on the market for $7.5 million, and considering that there are no new photos it seems likely that the house is unchanged since its last disheartening listing.
Look around the house, this way >>
ADVENTURES IN EXTERIOR DESIGN

$18M Soho Penthouse Includes Terrace by High Line Designer

A swanky four-bedroom, 4.5-bathroom penthouse with a wraparound terrace just hit the market for an even $18 million. But this isn't just any outdoor space—it's designed by Dutch landscape designer Piet Oudolf of High Line fame. The seller is Beth Swofford, a "CAA motion picture literary uber-agent" who is also getting rid of her Sunset Strip home in LA. (The New York digs are waaaaaay more expensive.) Swofford bought at the swanky Soho Mews building in 2010—where Justin Timberlake once had a placepaying "just" $9.975 million
Take a look around, in and out >>
RIIIGHT

This Soho Penthouse Addition Is 'Based in Historic Context'

Zar-Rendering.jpg
Zar Property NY has filed permits after receiving permission back in January from the Landmarks Preservation Commission to top their condo building at 38 Greene Street with a two-story glass duplex penthouse, designed by Workshop/APD. The design is "based in the language of the historic context—specifically the repetition and proportion of architectural elements, the shadows produced by layers on the facade, and divided glazing patterns," as described by Matthew Berman, a principal at the firm, according to The Real Deal. And, of course, it's based on the historic practice of topping brick buildings in Lower Manhattan with glassy penthouses with private terraces.
What the building looks like now >>
HISTORIC REAL ESTATE

Pulitzer-Winning Author James Agee's Soho Home Asks $6M

In the 1940s, journalist and author James Agee and his wife moved into the Federal brick townhouse at 17 King Street in Soho. Under that roof, Agee would go on to pen his Pulitzer Prize-winning novel A Death in the Family, as well as raise his three children until his untimely death in 1955. Now, his daughter Andrea has put the historic two-family townhouse of her youth on the market for $6 million. The townhouse dates back to the 1830s and was designated as part of the Village's Charlton-King-Vandam Historic District in 1966; despite, the home has lost some of its historical details and is in need of some repair work. The townhouse comes with 11-foot ceilings, five decorative fireplaces, and a sun room.
More pictures + a floorplan >>
CELEBRITY REAL ESTATE

See the $4.2M Home of Real Housewives' Bethenny Frankel

After more than three seasons on Real Housewives of New York, the launch of a multimillion-dollar low-calorie cocktail line called Skinny Girl, and a rather epic apartment search, Bethenny Frankel has finally settled down. The Daily News reveals that she is the buyer of a two-bedroom, 2.5-bath apartment at 22 Mercer Street in Soho. Public records show that a limited-liability company named Beyond Hudson closed on the condo in September of 2014, paying $4.2 million. The loft-style apartment, where she will live with her daughter Bryn after it is renovated, came with a wood-burning fireplace, mahogany arched windows, and a long hallway stocked with space-saving features like a window seat, desk, and storage cabinets. 
Where she used to live, why she needed to move, and more photos >>
ON THE MARKET

Art Gallery-Turned-Condop in Soho Wants $7.35 Million

This $7.35 million apartment in Soho's 420 West Broadway isn't exactly homey, but for buyers with art to display it's hard to do much better than a former art gallery. Add the key-locked elevator landing and secluded private terrace and this is a pretty attractive apartment. It was previously listed for $6.25 million in 2012 but didn't move, and now returns with the price increase.
More pictures, and the floorplan, this way >>
CONVERSIONS

Decrepit Soho Office Building Will See New Life As Apartments

40wooster.jpg
[Current photo of 40 Wooster Street. Via Google Street View.]
And the conversion trend rolls on, unstoppable. Yesterday the Landmarks Preservation Commission voted to approve a rooftop addition and support a residential conversion at 40 Wooster Street in Soho. In addition to the topper, and the transformation of former commercial space into four apartments with ground-floor retail at the base, the building will be restored.
More details and renderings >>
SOLD STUFF

$9 Million Soho Loft With Macabre Madoff Connection Sells

The exotic woods, millwork, stone, and glass of Mark Madoff's former Soho loft have won over a buyer, despite the apartment's grisly history. The 158 Mercer Street loft where the late son of infamous embezzler Bernie Madoff ended his life in 2010 came on the market for $8.95 million just a few days shy of a month ago, and has sold, the Observer reports. So begins a new chapter for the 4,196-square-foot loft as well as the Madoff family, who have understandably wanted to leave the apartment behind for the last four years. 
More pictures + a floorplan >>
HOUSE CALLS

Stylish, Artsy GQ Editor Crafts a Small Soho Walk-Up To Match

Welcome to House Calls, a new feature in which Curbed tours New Yorkers' lovely, offbeat, or otherwise awesome homes. Think your space should be featured next? Drop us a line.

[All photos by Max Touhey.]
The name John Jannuzzi might sound familiar. Not only is he a GQ web editor who covers men's style with occasional how-tos about constructing the perfect taco and things of the like, but Jannuzzi is also Twitter and Instagram famous, and for good reason. The man is prolific and sarcastic yet eloquent, and in a strange way, Jannuzzi's Soho one-bedroom reflects all of that. His decor is of-the-moment, seen in the imitation Eames Eiffel chair and ubiquitous (for the fashion-savvy) wall of neatly-lined shoes, but his prints are deeply personal. As an art major in college, Jannuzzi focused on printmaking, and the walls of his Elizabeth Street home are adorned with his work dating back as early as middle school. 
Take a look around >>
CELEBRITY REAL ESTATE

Funnyman Mike Myers's Seriously Lovely Soho Pad Wants $17M

Mike Myers may not have great taste in sequels, but he makes up for it with some real estate savvy. For a guy who tickled audiences' funny bones on SNL and in Wayne's World and Austin Powers, the comedian's New York duplex isn't very funny. Rather, it's absolutely gorgeous. First reported by the Journal, his three-bedroom, four-bathroom penthouse, atop a mid-rise building on Mercer Street, just hit the market asking $16.995 million. Highlights include custom bookshelves, rooms made bright by a skylight, and a picturesque roof deck with a pergola and verdant landscaping. He bought the apartmentin 2007 for just under $8 million, so even counting renovation costs, he'll likely make out pretty well.
Peruse the attractive apartment >>
DEVELOPMENT UPDATE-O-RAMA

Not-Yet-Converted 62 Wooster Hits the Market for $125M

Screen Shot 2015-04-15 at 8.41.34 AM.jpg
Florida billionaire Jeff Greene's condo conversion of 62 Wooster Streethas been in the works for years—it has been taken from a version where every apartment would have a private pool to the current version, where just the penthouse has a private pool—but now Greene is looking to selling the property, having put it on the market for $125 million. It is not clear how much of the actual physical conversion (possibly all of it?) remains to be done, as Greene tells the Daily News that he has spent almost $40 million on the project, which the paper describes as "almost at the finish line." However, the listing with Cushman & Wakefield (above), which since seems to have disappeared, describes the building as "ready to be converted into condominiums if desired." Greene purchased the property in 2011 for $26.27 million.
· Billionaire mogul Jeff Greene wants $125M for SoHo building he bought for $26M four years ago [NYDN]
· 62 Wooster coverage [Curbed]
ON THE MARKET

Totally Wild Soho Bachelor Pad Returns With $1M Price Hike

This wonky Soho bachelor pad just can't get anyone to buy it, so it has returned to the sales market with the new price tag of $4.5 million. But wait—that's slightly over a million dollars more than it was first asking in 2012. The price adjustment makes about as much sense as the apartment itself, which is still dominated by the bonkers decor of its former owner, the late Ferrari dealer with royal ties Roffredo Gaetani di Laurenzana dell'Aquila d'Aragona Lovatelli. The true one-bedroom (that second one is not exactly legal, the listing notes) was acquired after Gaetani's untimely demise by a pair of bachelor brothers who loved the apartment's, er, eclectic design so much that they left it as-is. It seems that in time the brothers tired of the "Ferrari red" kitchen cabinetry, imposing century-old olive press, petrified log, and bull head designed by the same guy behind Wall Street's statue, because the apartment's been on and off the market since 2012. It was most recently asking $17,000/month.
More pictures + a floorplan >>
LAWSUITS

Co-Op Owner Wants $680,000 or Exclusive Elevator Use, Please

problemhallway1.jpg
[The floorplan of Sauma's apartment via StreetEasy]
A makeshift Soho hallway is the crux of this week's frivolous lawsuit. It all began when a new co-op owner at 33 Greene Street demanded his third-floor neighbor fork over $680,000, or grant him exclusive floor access to the building's elevatorNYDN reports. Mood Fabrics owner Eric Sauma wants to tear down a wall erected by his third floor neighbor, music manager bigwig Wendy Laister, that allows her shared access to the building's elevator. The wall was erected by Laister and her mother—who formerly owned Sauma's apartment—in the '90s with the co-op board's approval, Laister claims. The hallway allows both apartments to access the elevator; without the wall, the elevator would open exclusively into Sauma's apartment. Laister is now suing Sauma over the six-figure demand.
Sauma says the hallway space used to belong to his apartment >>
EULOGIES

Dear NYC Fire Escapes, You Are Iconic and We Would Miss You

Fire Escapes - Bob Estremera.jpg
[Photos by Bob Estremera. More photos of fire escapes, over here.]
Part of architect Joseph Pell Lombardi's renovation of two Soho buildings is to remove the external fire escapes and introduce other fire-abating measures into the building, such as sprinklers. Why? "It's twofold: It's aesthetics, in that it looks nicer both outside and in, but it's also safer." Residents of the cast-iron Greene Street buildings were less than thrilled, but Lombardi's designs passed muster with the Landmarks Preservation Commission. Now an official Fire Department spokesperson has come out and told the Post that "those fire escapes are going the way of the dinosaur." (Internal fire-exit stairs are seen as a better safety move.) 
While rumors of their death may be greatly exaggerated, looking back at photos of such an iconic part of the city does bring on the nostalgia. 
Plus, they've played so many cultural roles >>

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