UWS home of Picholine restaurant trades for $26M

New York /
May.May 17, 2012 04:00 PM

A nine-story Manhattan residential building — the longstanding home of the Michelin-starred restaurant Picholine — has sold for $26 million after a bidding war between real estate investors, sources told The Real Deal. A partnership of Astoria Realty Partners and Mornos Realty was the victorious party, purchasing 35 West 64th Street, between Central Park West and Broadway, according to Friedman-Roth Realty Services, which represented the buyer. 

Numerous investors did due diligence on the building, eventually bidding the price up from $22 million, said Eric Roth, managing partner at Friedman-Roth. He declined to say which investors had shown interest. The building was only on the market for about three weeks, he added.

In addition to 68 residential units, the building has housed Picholine — Terrance Brennan’s flagship restaurant — on the ground floor since 1993.

The restaurant has a lease, Roth indicated, and no plans to move as far as he knows.

Previously, the building was the Hotel Monticello, site of the murder of Irish bootlegger Jack “Legs” Diamond in 1930. Diamond was often called the “Clay Pigeon of the Underworld,” due to the numerous attempts on his life. When police questioned his widow, the first words she spoke were reportedly “I didn’t do it.”

Jude Dayani, of Orsid Realty, represented the seller, while Joseph Smith and Nadeem Haque, both of Friedman-Roth, represented the purchaser.

— Additional reporting by Adam Pincus


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Rotem Rosen and Alex Sapir (Illustration by Kevin Cifuentes for The Real Deal with Getty Images)
Sapir and Rosen settle longstanding legal feud
Sapir and Rosen settle longstanding legal feud
Holiday Inn at 99 Washington Street (Google Maps, Getty)
Facing foreclosure, world’s tallest Holiday Inn files for bankruptcy
Facing foreclosure, world’s tallest Holiday Inn files for bankruptcy
Mark Zuckerberg with 55 and 30 Hudson Yards
Meta to cut Hudson Yards office space
Meta to cut Hudson Yards office space
Ivanhoé’s Nathalie Palladitcheff, Cohabs’ Youri Dauber and James Grasso with Cohabs NYC co-living spaces (Cohabs, LinkedIn, Twitter/@ydauber, Ivanhoe Cambridge)
Co-living firm Cohabs raises $450M to continue expansion
Co-living firm Cohabs raises $450M to continue expansion
A photo illustration of Paterson Mayor Andre Sayegh along with a rendering of the planned development at 305-319 Pennsylvania Avenue (Getty, HannaBS, CC BY-SA 4.0 - via Wikimedia Commons, Paterson City Council, Google Maps)
Judge upholds approval for 171-unit development in Paterson
Judge upholds approval for 171-unit development in Paterson
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...