The Real Deal New York

Home interior retailer buys $5M condo at 15 CPW

January 07, 2008 03:35PM

Evan Cole, co-founder and former CEO of the trend-setting New York-based ABC Carpet & Home, has purchased a condo at 15 Central Park West for $4.91 million. Calls to his current home furnishing company, H.D. Buttercup, were not immediately returned. Cole was the sole financer behind H.D. Buttercup, a Los Angeles store that calls itself a “manutailer furniture mart,” where customers buy directly from manufacturers. Instead of paying rent, manufacturers pay a percentage of sales, from 30 to 50 percent, to H.D. Buttercup. The firm plans to open 20 stores in urban centers around the country, including New York City. TRD 


Comments are closed.