The Real Deal New York

Three Manhattan residential properties hit market for more than $20M each

Former home of Gloria Vanderbilt is available, while a hedge funder is selling a rare Beresford penthouse and 50-year owners of an UES townhouse finally list their home

April 24, 2012 02:00PM
By Katherine Clarke

From left: 39 East 72nd Street, the Beresford building at 211 Central Park West and 36 East 68th Street

Former home of Gloria Vanderbilt hits market for $25M

Massey Knakal Realty Services' Guthrie Gavin and Gloria Vanderbilt

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A 27-foot-wide, six-story elevator building at 39 East 72nd Street, once the home of artist and heiress Gloria Vanderbilt, has hit the market for $25 million, according to Massey Knakal Realty Services, the exclusive listing agent for the property.

While the listing has been reconfigured into a multi-family set up, it still has the original details of the Vanderbilt mansion. The fireplace on the parlor floor still boasts a prominent “V,” according to the listing. The property currently houses four free-market tenants and has one vacant unit, according to Massey Knakal. The entire property could be vacant within 10 months of closing.

The 13,310-square-foot building could be transformed back into a single-family property said listing agent Gurthrie Garvin. It was at one time home to Vanderbilt’s mother, Gloria Vanderbilt Senior, and the artist lived there as a small child.

The building has been owned by Mangold Realty Partnership since 1995, according to public records. Owner Mark Mangold was not immediately available for comment.

Hedge funder lists Beresford penthouse for $22M

Brown Harris Stevens' John Burger and the interior of the Beresford penthouse

Ronald Beck, the managing director and portfolio manager global hedge fund Oaktree Capital Management who paid $19 million for a duplex penthouse with two 43-foot-wide terraces at the Beresford in 2008, has relisted the unit for $23 million, according to data from Streeteasy.com.

Beck and wife Cynthia bought the unit at the Emery Roth building at 211 Central Park West from Indian publishing magnate Nari Hira, who owns magazines such as Showtime, Savvy and Health. They’ve now listed the apartment with John Burger, a senior vice president at Brown Harris Stevens. They closed on the unit for $9 million less than the asking price of $28 million. Had it commanded the full $28 million, it would have been the most expensive apartment ever to sell in the building, according to an article in the New York Sun.

The nine-room penthouse has two terraces including a total of 90 feet fronting Central Park. The 26-foot living room has a wood-burning fireplace and features floor-to-ceiling windows and direct park views.

The 23-story Beresford building has long been home to celebrities, including Manhattan chef Marc Murphy and his wife, Pamela Schein Murphy, who paid $16.5 million for the co-op on the 15th floor of the 81st Street building last year. Comedian Jerry Seinfeld, tennis ace John McEnroe and film director Sidney Lumet have all lived in the building.

There are currently four active sales listings in the building, including a 14-room duplex combination of three apartments on the 16th and 17th floors, asking $29.75 million. The unit is owned by film executive Bob Weinstein and has been on the market for almost three years.

Beck was not immediately available for comment and Burger declined to comment.

$21M UES townhouse listed by 50-year owners

The interior of the 66th Street home

An 11,000-square-foot multi-family building at 36 East 68th Street hit the market last week as a single-family mega-mansion for $21 million, according to data from Streeteasy.com. While currently configured as 12 apartments, the house, which has been in the same family for half a century, will be delivered completely vacant and ready to be transformed into a high-end single-family residence, owner Amy Iager told The Real Deal today.

Situated among neighboring mansions designed by renowned architects Carrere & Hastings, Delano & Aldrich, John Duncan, the 22-foot-wide Neo-Grecian style house was designed and built in 1886 by Richard Buckley, a prolific 19th century architect and builder, according to the listing. It has six stories as well as a forecourt, rear courtyard, two terraces plus a rooftop with city views.

The building is listed with Fred Williams, senior vice president of Sotheby’s International Realty. Williams declined to comment on the listing.

Iager, who personally lived in one of the units in the building for 30 years, said the property had been “gently used” and is in immaculate condition.

“It’s been in the family for 50 years,” she said, “and it’s time to move on.”

Iager said she and her husband, both retired, will likely move to a condominium unit in the city once the sale is completed, “to live a more retiring life.”

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