UPDATED, 5:00 p.m., May 26: Macklowe Properties has sold the penthouse at its 737 Park Avenue condominium project for $32 million – the second priciest penthouse sale ever on Park Avenue. [more]
Posts Tagged ‘modlin group’
Spruce Capital Partners has put a new 8,300-square-foot Upper West Side townhouse on the market asking $23.5 million, a spokesperson for the developer told The Real Deal exclusively. The five-story home is located at 42 West 71st Street between Central Park West and Columbus Avenue and has six bedrooms and seven full bathrooms.
The townhouse, listed with the Modlin Group’s Adam Modlin and Marisa Sargent, is designed by Dirk Denison and includes a landscaped garden. The home has a powder room, a chef’s kitchen, a library and a media room. [more]
Christian Candy, the co-developer of London’s One Hyde Park — which Vanity Fair calls “the world’s most expensive residential building” — has paid $35 million for a Renaissance-style mansion on the Upper East Side. [more]
In the latest chapter of his apartment hunting saga, Yankees player Alex Rodriguez was spotted checking out baseball superstar Ichiro Suzuki’s former apartment in the Laurel at 400 East 67th Street this past weekend, the New York Post reported.
Suzuki recently moved out of the four-bedroom, 2,700-square-foot pad, which he rented on the 25th floor of the luxury building, on the corner of First Avenue. [more]
New York Yankees superstars Derek Jeter and Alex Rodriguez have both expressed interest in a $9 million apartment at 111 Central Park North, the New York Post reported. Listed by Adam Modlin of the Modlin Group, the 5,400-square-foot six-bedroom, 6.5 bathroom condo occupies the entire 17th floor of the building. It offers sweeping views of the park, 100 feet of terrace space and a paparazzi-proof parking garage. Other amenities include an entertaining space and a six-burner stove. … [more]
Baseball superstar Ichiro Suzuki is on the hunt for a new home base. The latest addition to the New York Yankees recently hired celebrity broker Adam Modlin to help find an apartment here for the remainder of the baseball season, sources told The Real Deal today.
Suzuki, 38, donned pinstripes for the first time on Sunday, after spending his 12-year Major League career with the Seattle Mariners. The 10-time All-Star, who was traded earlier this month, made history as the first Japan-born Major League position player. [more]
An Upper East Side townhouse that sold last year for $31 million — making it the priciest townhouse sale of 2011 — is back on the market, this time for $38 million, according to Streeteasy.com.
The limestone mansion, at 19 East 70th Street, was previously owned by the Knoedler Gallery; it is now owned by an LLC named East Renaissance. The owners had reportedly planned to convert the property into a single-family home, but no plans for conversion have been filed with the Department of Buildings. [more]
The most expensive unit to hit the market this week is a four-bedroom,
six-bath penthouse at 502 Park Avenue, according to Streeteasy.com. The
6,200-square-foot duplex apartment is listed for $31 million with the
Modlin Group. The least expensive home to hit the market this week is a one-bedroom, one-bath co-op at 1811 Ocean Parkway in Homecrest, Brooklyn, according to Streeteasy.com. B & R Integrity Real Estate is listing the home for $135,000. TRD
Available units in high profile buildings are lingering on the resale market,
and few people are stepping up to buy them. At Trump International last
week, 19 apartments were listed for sale, including the $28 million
penthouse owned by Italian film producer Vittorio Cecchi Gori. At 15
Central Park West, 16 apartments are for sale, and the Plaza has 33
listings, including a six-bedroom apartment that includes what was once
the Frank Lloyd Wright suite. Adam Modlin, a principal of the Modlin
Group, said buyers are looking to purchase homes at “what they think
prices will be in six months,” and are waiting for prices to drop
further. Louise Sunshine, founder of the Sunshine Group, is not advising sellers to cut prices. “I would
advise anybody who lives in a quality building to raise their prices
and have patience, because nothing is going to move until people have
confidence,” Sunshine said. … [more]