The Real Deal New York

Posts Tagged ‘mayfair hotel’


  • At left: 610 Park Avenue; Top center: Nautica founder David Chu; Bottom center: Listing broker Carrie Chiang, of the Corcoran Group; At right: the penthouse

    The duplex penthouse at the former Mayfair Hotel belonging to Nautica founder David Chu has finally found a buyer, according to public records filed with the city today. An unknown buyer, who purchased under the name 610 Park LLC, paid $23.68 million for the property.

    Chu and his wife purchased the five-bedroom penthouse, which had been combined with the unit below, in 1999. It was initially listed for $32.8 million with the Corcoran Group’s Carrie Chiang in March 2010, which made it one of the top 10 most expensive condo listings in the city at the time. It was then taken off the market at various intervals, and saw interest from “Sex and the City” star Sarah Jessica Parker and husband Matthew Broderick. It was most recently listed for $25.8 million. [more]

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  • Will Carrie Bradshaw return to the Upper East Side? Sarah Jessica
    Parker and Matthew Broderick are continuing their seemingly endless
    apartment hunt but have shifted their sights to Park Avenue, according
    to the Post. The couple — previously spotted checking out a penthouse 54 Bond Street
    and a townhouse in the West Village — were recently seen taking a look
    at the $29.8 million penthouse duplex at 610 Park Avenue, the former
    Mayfair Hotel. As The Real Deal previously reported, the condo belongs to Taiwanese-American Nautica founder David Chu,
    who now lives at 15 Central Park West with his wife, philanthropist
    Gina Chu. The five-bedroom apartment was initially listed for $32.8
    million with the Corcoran Group’s Carrie Chiang when it officially hit
    the market in March, which made it one of the top 10 most expensive
    condo listings in the city. The 7,700-square-foot spread, has a
    1,450-square-foot private rooftop terrace, solarium and formal dining
    room. Residents have access to concierge services, valet parking and a
    fitness center, and also opt for maid service and catering from French
    restaurateur Daniel Boulud’s eponymous restaurant downstairs. [Post, 2nd item]

    [more]

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  • At left: 610 Park Avenue; Top center: Nautica founder David Chu; Bottom center: Listing broker Carrie Chiang, of the Corcoran Group; At right: Penthouse 16E

    The duplex penthouse at the former Mayfair Hotel, which belongs to Nautica founder David Chu, officially hit the market yesterday at $32.8 million — roughly $4,260 per square foot. The price tag makes it one of the top 10 most expensive condo listings in the city, according to data from Streeteasy.com.

    The penthouse is one of two in the 15-story, prewar limestone and brick building, now known as 610 Park Avenue. Investment firm Colony Capital purchased the property for $15 million in a 1996 foreclosure sale and teamed up with Donald Trump in the condo conversion project, which was designed by architect Costas Kondylis.

    Chu, the Taiwanese-American apparel mogul, and his wife, Gina, a philanthropist and trustee at the non-profit Asia Society, purchased penthouse 16E at 610 Park Avenue in 1999, city property records show. It had been combined with the unit below, and while sale prices for apartments before 2003 are not publicly available, the pair took out a $5 million mortgage at the time to pay for at least some of the home, according to the records. … [more]

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