Leonard Bernstein (left) and Bobby Short (right) were residents in Apartment 4B at the Osborne, just purchased by Adam Guettel

Composer Adam Guettel, who won a Tony award for “The Light in the Piazza,” has closed on a $3.495 million co-op at the Osborne building at 205 West 57th Street. The seller of the four-bedroom apartment was clothing store mogul Marcy Syms. Guettel won’t be the first composer to live in the apartment. Leonard Bernstein lived there when he wrote the music for “West Side Story,” and he later sold the apartment to musician Bobby Short. Katie Rosenberg of Warburg Realty had the listing.  [Post, 3rd item]

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The unit to see the biggest price cut today is a one-bedroom,
three-bath co-op at the Dakota, at 1 West 72nd Street, according to
Streeteasy.com. The price of apartment 1011 was cut by $1.6 million,
and the home is now on the market for $5.9 million. The unit is listed
for 21 percent less than its asking price of $7.5 million when it first
went on the market in July 2008. Prudential Douglas Elliman’s Dolly
Lenz has the listing. According to Streeteasy.com, there are four
apartments for sale in the famed building — where Judy Garland, John
Lennon and Leonard Bernstein lived — and three of the homes have had
their prices slashed. TRD

Leonard Bernstein (left) and Bobby Short (right) were residents in Apartment 4B at the Osborne

The sprawling, eight-room apartment at the Osborne that was home to
cabaret singer Bobby Short and composer Leonard Bernstein is on the
market for the first time in two decades, according to the listing
broker, Katie Rosenberg of Warburg Realty. Apartment 4B is a four-bedroom, 3.5-bath co-op in the century-old
Osborne at 205 West 57th Street, uniquely designed with 11 stories on
the front and 15 on the back. The sellers, whom Rosenberg declined to
name, are asking $3.495 million, or $1,165 per square foot for the
home, which underwent 14 months of meticulous restoration before going
on the market in late April, said Rosenberg, who escorted The Real Deal on an exclusive tour of the apartment. The monthly maintenance is $4,662. [more]