Two "Sky Garage" sales tied to Dolce


October 02, 2009 01:30PM

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Domenico Dolce of Dolce & Gabbana and 200 11th Avenue
While it was widely expected that designer Domenico Dolce of Dolce & Gabbana would buy one penthouse apartment at the Chelsea condominium tower nicknamed the Sky Garage, there was no hint that he might buy two.

But in public records posted today, an entity called Cinquantotto LLC is listed as the purchaser for two penthouse units in the building at 200 11th Avenue at 24th Street, for a combined $29 million.

The 19-story, 16-unit condo tower is called Sky Garage because it offers owners an elevator to bring vehicles to garages on the same level as their apartments.

The larger unit, 3,800-square-foot penthouse 4 -- which was reported in May 2008 to be in contract to Dolce -- closed Sept. 24 for $17.5 million, property records show.

The unexpected penthouse sale, the 3,536-square-foot unit number 3, closed the same day for $11.5 million, but went into contract in May 2007, a year before the larger unit, the records show. The buyer is listed as the same Cinquantotto LLC, which means "58" in Italian. Dolce was born in 1958.

Both transfers were signed by an executive of Dolce & Gabbana, Cristiana Ruella, the records reveal.

A Prudential Douglas Elliman broker who represented the units said he could not comment due to a confidentiality agreement. The law firm Pavia & Harcourt, which represented the buyer, declined to comment.


Comments

Anonymous

$4000/SF...What a sucker!! Who the hell would want to live on the west side highway for that price.....foreigner

Comment #1 Posted By: Anonymous 10/02/09

Anonymous

but he thinks it is mahvalous!!

Comment #2 Posted By: Anonymous 10/02/09

Anonymous

Typical REAL DEAL: getting the facts all wrong again. The building has never been and never will be known as the SKY GARAGE. All wrong.

Comment #3 Posted By: Anonymous 10/02/09

Josephine

For sure 200 Eleventh will never be the SKY GARAGE. It will be the City modern landmark, for its harmonious and unique structure, its stainless steel exteriors, its subtle mix of refinement and aggressive modernity.It is a HAUTE COUTURE BUILDING. The sky garage, just to stay in the fashion domain, is just an accessory.

Comment #4 Posted By: Josephine 10/03/09

Anonymous

If comment 3 and 4 aren't Leonard, then the Pope isn't catholic! Hillarious.

Comment #5 Posted By: Anonymous 10/03/09

Anonymous

New York City Rocks. This City is the Best thing since chopped liver. But seriously folks, NY is the center of the world as far as real estate values. The highline just adds more value to chelsea and its wonderful buildings.

Comment #6 Posted By: Anonymous 10/04/09

PETE

CHISA LOVES HIM ...

Comment #7 Posted By: PETE 10/04/09

Anonymous

All the celebrities love to live on the edge of town, they like their privacy; so no surprise here. Tribeca was "no means land" and it has become the hot spot, but known names flocked there long before it became a hot spot. Please do not be so eager to berate anyone, who still wants their privacy and can afford to buy it. Because soon enough that area will be a hot spot too.

Comment #8 Posted By: Anonymous 10/04/09

Abram

regardless of the nay sayers ramblings,european or not, the spot is just lovely, and the views are incredible. there aren't many rivers like the hudson flowing through italy

Comment #9 Posted By: Abram 10/30/09

Sali

Abram, I love New York and I'm sure the apartment will be lovely, but did you just compare looking across the Hudson onto New Jersey to looking across the Arno onto the South bank of Florence? That's one thing that stinks about West Side Highway living--New Jersey!!!

Comment #10 Posted By: Sali 12/08/09

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