The Real Deal New York

Posts Tagged ‘907 fifth avenue’

  • Huguette Clark and 907 Fifth Avenue

    Huguette Clark and 907 Fifth Avenue (credit: PropertyShark)

    The last chunk of heiress Huguette Clark’s $300 million estate, a 12-room co-op at 907 Fifth Avenue, has sold for $6.8 million. The 5,000-square-foot apartment was asking $7.2 million. [more]

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  • Huguette Clark and 907 Fifth Avenue

    Huguette Clark and 907 Fifth Avenue (credit: PropertyShark)

    The last apartment of heiress Huguette Clark’s holdings at 907 Fifth Avenue is now on the market for $7.2 million, the New York Post reported. Mary Rutherfurd and Leslie Coleman of Brown Harris Stevens have the listing.  [more]

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  • From left: Frederick Iseman, 907 Fifth Avenue and Huguette Clark

    The co-op board at 907 Fifth Avenue has approved Frederick Iseman’s $22.5 million bid to close on a property previously owned by late copper heiress and doll collector Huguette Clark, the New York Observer reported. Iseman, the head of private equity firm CI Capital, will take all of unit 8W and a slice of 8E.

    The notoriously picky board had previously rejected Qatari Prime Minister Hamad bin Jassim bin Jaber Al Thani’s bid to buy and combine the two eighth floor units. [more]

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  • Frederick Iseman, 907 FIfth Avenue and Huguette Clark

    A second apartment owned by the estate of heiress Huguette Clark has found a buyer. The Wall Street Journal reported that Frederick Iseman, head of private-equity firm CI Capital Partners, has agreed to pay $22.5 million for two eighth-floor apartments at 907 Fifth Avenue. The deal is pending approval of the co-op board.

    The larger of the two apartments has 10 rooms, including three bedrooms and 6.5 bathrooms, and more than 100 feet of frontage on Fifth Avenue. That unit was listed for $19 million by Mary Rutherfurd and Leslie Coleman of Brown Harris Stevens. [more]

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  • From left: Boaz Weinstein and 907 Fifth Avenue

    Boaz Weinstein has taken down a second New York institution this month. The head of hedge fund Saba Capital Management, who was the lead benefactor from JPMorgan Chase’s $2.3 billion trading loss earlier this month, is the buyer of one of heiress Huguette Clark’s apartments — a classic Fifth Avenue co-op that overlooks Central Park. [more]

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  • Huguette Clark and 907 Fifth Avenue

    The co-op board at 907 Fifth Avenue has provided a setback to what was otherwise seen as a quick sale of heiress’ Huguette Clark’s three units in the building. According to the Wall Street Journal, the board rejected Qatar Prime Minister Hamad bin Jassim bin Jaber Al Thani’s bid to combine two of her apartments into a five-bedroom home overlooking Central Park. As a result, the units will likely return to the market. [more]

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  • Huguette Clark's apartments at 907 Fifth Avenue, at least partly occupied by dolls (random ones pictured), hit the market

    A collection of co-op apartments previously owned by the late copper heiress Huguette Clark and lived in, at least partly, by her dolls, will soon hit the market, the New York Post reported.

    Mary Rutherfurd, a senior vice president and managing director at Brown Harris Stevens, will market the two unconnected units on the eighth floor and then another on the top floor, together dubbed New York City’s most mysterious home, at 907 Fifth Avenue at 72nd Street. [more]

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  • Huguette Clark and 907 Fifth Avenue

    Heiress Huguette Clark’s Fifth Avenue apartments now belong to her caretaker of 20 years, Haddassh Peri, and her goddaughter Wanda Styka, according to her long-awaited will, filed with the Surrogate’s Court yesterday, along with the balance of the estate after taxes and bequests.

    The two apartments would actually likely fetch “tens of millions of dollars,” Tristan Harper, a senior vice president at Prudential Douglas Elliman, previously told The Real Deal. “It is very hard to say exactly because the condition is obviously an issue, but I was told that she had maids maintaining the apartment three days a week for decades,” he said. 

    More unexpectedly, her estate, valued at around $400 million, will transfer many of the old master works in the 907 Fifth Avenue apartment to her 24-acre Santa Barbara estate, Bellosguardo, which will be transformed into a museum. … [more]

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    Clockwise: Huguette Clark, her Santa Barbara estate, her Connecticut home and 907 Fifth Avenue

    It seems fitting that the late copper heiress Huguette Clark — a woman who lived her life behind a veil of secrecy and intrigue — has left behind a series of unanswered questions that are now gripping some of America’s most affluent communities following her death last month. Near the top of that list is the question about the 104-year old’s vast real estate holdings, namely, are any of her properties going to hit the market soon and who will be in the running to snatch one up?

    The combined value of her real estate assets could be as high as a quarter of a billion dollars if estimates of her $100 million estate on the Pacific Coast in Santa Barbara, the $24 million country house in Connecticut and the $100 million co-op, the largest apartment on Fifth Avenue overlooking Central Park, at 907 Fifth Avenue, are accurate.
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  • 907 Fifth Avenue and Huguette Clarke

    Huguette Clark, the 104-year-old copper heiress whose intensely reclusive lifestyle and collection of empty mansions has made her the subject of public curiosity in recent years, died this morning at Beth Israel Medical Center, where she had been registered under a pseudonym, according to MSNBC. Clark is best known in New York City real estate circles as the owner of a 42-room spread at 907 Fifth Avenue valued at around $100 million, though she hadn’t been seen there since she was hospitalized 20 years ago. Martha Stewart reportedly had her sights set on the place. Throughout most of the past two decades, Clark was in fine physical health and had access to a reported fortune of $500 million-plus but opted instead for a sparse, guarded room at the hospital to which few were granted access — one of her former attorneys talked to her through a closed door over 20 years of representing her, never meeting her face to face. … [more]

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  • alternate text907 Fifth Avenue, where Clark lived, and Clark (building photo source: PropertyShark)

    A collection of pricey properties owned by a 104-year-old multi-millionaire heiress is in limbo, according to the Manhattan district attorney’s office, after it was discovered that the bed-ridden Huguette Clark has no living will. Clark, who hasn’t been seen at her 42-room spread at 907 Fifth Avenue since she was hospitalized roughly 20 years ago is worth upwards of $500 million. The DA’s office says it suspects her wealth may be subject to massive mismanagement. Attorney Wallace Bock and accountant Irving Kamsler — who are in charge of her assets, which include a $24 million, 52-acre Connecticut estate — insist that Clark is alive and well. It is not immediately clear who her next of kin is. [Post]

    [more]

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