Displaying all articles tagged:

Real Estate Porn

Most Recent Articles

The Plaza Fights Back Against Andrei Vavilov

Now El-Ad, the developers behind the new Plaza hotel, are suing the Russian financier over his ‘defamatory’ complaints about his penthouse apartment.

By Chris Rovzar

Schnabulous Lighting Inside 43 Clarkson

We’re so convinced about this whole buyer’s-market thing that a three-bedroom West Village loft for less than $5 million sounds totally reasonable! Oh, and Julian Schnabel slept there, too.

Today in Class Envy: Brooke Astor's Park Avenue Floor Plan

How DO you fit five bedrooms, three maids rooms, six bathrooms, six terraces, a library, a sitting room, a dining room, several walk-in closets, and a private gallery all in one apartment? We know you were wondering...

Andy Warhol's Townhouse Goes on the Market

The hippest house on the Upper East Side offers a luxurious rooftop terrace, four bedrooms, a library, chef's kitchen, staff suite, gym, seven wood-burning fireplaces, and serious élan for a mere $38.5 mil.

Schnabel Schleps Uptown, Hires Fancy Broker for Chupi

Schnab
Well, someone is getting fancy. Julian Schnabel has hired Brown Harris Stevens, the hoity real-estate brokers that market big-time rich-people properties like 15 Central Park West, to sell the remaining units of his pink palace, the Palazzo Chupi (above). Sure, this makes sense, since the condos are in the range of $27–$32 million, but when we heard it we were a little disapointed, since it doesn't really jibe with the Schnab's bohemian, pajamas-wearing style. Except! Max Abelson over at Observer tells us the agents he picked are virtual neophytes: a sales associate named Debra Ortega, whose son his sons met at camp who has never actually had her own listing, and Paddington M. Zwigard, an agent who has never sold an apartment over $10 million, whom we imagine Schnabel chose for her awesome name. See, the Schnab is all about people and the feelings he gets from people, not stuffy stuff like credentials. “I think what he wants is a community that’s comparable to his lifestyle,” Ortega told the Observer, “someone he would feel keen about being neighbors with. I don’t think he’s going to judge if you’re a banker or artist or a top global realtor.” What about money? Does he judge you if you don't have enough to actually buy in the Palazzo? Because that wouldn't really jibe with his bohemian style, either. Maybe he should think about that and about the bloggers who really deserve to be in his community. We're just saying. Schnabel’s Palazzo Goes Mainstream With $59 M. in Broker Listings [NYO]

Harbinger Capital Founder Pays $49 Million for Pool Full of Gooch Juice

Falcone
Philip Falcone, the man behind Harbinger Capital Partners, one of the activist hedge funds that recently acquired a large stake in the New York Times, has outdone his partner, noted vagilante Scott Galloway. Falcone and his wife have officially purchased the Guccione mansion, the Post tells us today, for $49 million. In cash. The townhouse, which is on East 67th Street between Fifth and Madison, has 27 rooms, including a massive full-floor master bedroom with a study, a solarium and private terrace, a theater, a wine cellar, a "dance" room, a garden with a greenhouse, a sauna, servants' quarters, eleven bathrooms, eight fireplaces, and, according to the Observer, a "massive, shimmering Roman-style pool." Still, "It’s odd to talk about houses like this," the Corcoran agent who previously handled the listing told the Observer, "but that house had an odd energy to it … Whenever people brought in children, they were ready to leave." Well, yeah. Think of the things that must have gone on in that pool. THE $49M TOWN HOUSE [NYP] Bob Guccione's Old Mansion, Despite 'Odd Energy,' Closes for $49 M. [NYO]

Daniel Loeb Gets His Dream House

Loeb
Notoriously prickly hedge-fund manager Daniel Loeb has finally closed on his $45 million penthouse at 15 Central Park West. The five-bedroom, five-bathroom (plus two half-bathrooms!) apartment on the 39th floor is 10,674 square feet, and that's not including the 709-foot wraparound terrace. It also comes with access to a 75-foot lap pool, around which Loeb can hobnob with neighbors Sting, Denzel Washington, and Goldman Sachs CEO Lloyd Blankfein; a screening room; English-oak-paneled library; formal dining room (with a private in-house chef); climate-controlled wine rooms (keep your Gewürztraminer chilled!); and a general sense of extreme self-satisfaction, especially if you pay for it in cash, as Loeb did. One issue, though: Loeb's views of the park will be obstructed by views of Sandy Weill's $42.4 million apartment. Well, even the rich sometimes suffer, a little. 15 CPW ALERT! Loeb's $45 M. 'Panorama' [NYO]

Palazzo Chupi Goes on the Market; Intel Editors Schwoon

Schnab
This may be hard for you to believe since we at Intel are clearly deeply fulfilled by our work, but there are days when we say to ourselves, Selves? Why did we not go into investment banking? Because a life of pounding the pavement and speaking truth to power may be noble, but it's not gonna get us to the Palazzo Chupi. Yes, today the remaining two units of Julian Schnabel's pink West Village Palace, having been rejected by Bono, then by Madonna, went on the market. The views (river and harbor, from various terraces), amenities (pool, parking, access to the Schnabe), and schnabulous details (cast-bronze door handles, stone fireplaces, cast-stone railings, beamed ceilings, terra-cotta tile floors) put the price at $27 million (for the duplex) and $32 million (for the triplex). Our rudimentary math skills (another reason we're not bankers) indicate that it will take us somewhere between 400 and 700 years to save up for our chunk of Chupi. Until then, we can only dream, and moon over the pictures after the jump.

‘Vanity Fair’ Goes to the Schneighborhood

Palazzo Chupi
As you may know, we at Intel have something of an obsession with the big, pink artist-auteur Julian Schnabel and his big, pink West Village home, the Palazzo Chupi. The Chupi is not just a real-estate development: It is a monument to Baby-Boomer Bohemian Bourgeois lifestyle, containing as it does not only the family Schnabel, but the actor Richard Gere (Maharishi, RIP) and some guy from Credit Suisse, as well as 180 casement-ed windows, earthenware-and-marble bathtubs, cast-concrete countertops, and several hundred emerald-green terra-cotta tiles. It's also kind of a poignant monument to Schnabel's career. In the March issue of Vanity Fair, Ingrid Sischy details the making of what she calls his Gesamtkunstwerk ("total artwork"), from when Schnabel first moved into the $2.1 million building ("He covered the walls with red velvet, brought in a few possessions, including Picasso's Femme au Chapeau, and ran The Godfather on his VCR 24 hours a day") to the present ("Bono, Johnny Depp, Martha Stewart, Hugh Jackman, and Madonna have all checked out the remaining residences for sale, at prices ranging for $27 million to $32 million"). There's symbolism here that we don't want to quite contemplate. But look at the pictures after the jump! They're Schnabulous.