Designer’s UES townhouse sells for $27M

TRD New York /
Apr.April 16, 2013 04:30 PM

An Upper East Side townhouse owned by Italian fashion designer Luca Orlandi has traded for $27 million, according to public records filed with the city today.

There appears to be no recent listing for the property at 12 East 76th Street, which was acquired by Orlandi, founder of fashion house Luca Luca, for just $12.35 million in 2008. Attempts to reach Orlandi were not immediately successful.

The designer, who is married to Nigerian-born supermodel Oluchi Onweagba, purchased the property as the full weight of the recession hit. The five-story, 7,056-square-foot property required some work; it had been owned by the same family since 1954 and was divided into two separate apartments and a doctor’s office on the ground floor. It was not clear if Orlandi had turned the property into a single-family home before selling it.

The deal for the townhouse closed March 28, public records show. The identity of the buyer, an LLC named MOU, was not immediately clear. A call to the attorney representing the LLC was not immediately returned.

The Property Has An Outdoor Garden And Terrace, according to an old listing.

Related Articles

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

WeWork’s side businesses are fizzling

Steven Holl (Photo by Axel Dupeux)

The Closing: Steven Holl

(Credit: iStock)

Tenant coalition sets agenda: tax the rich and house the poor

The Daily Digest - Tuesday

WeWork bonds hit low, new LLC legislation went farther than intended: Daily digest

WeWork's co-CEO Sebastian Gunningham speaks at the launch of Dock 72

What, We Worry? Execs remain confident in WeWork-anchored Brooklyn project

An example of roll-off waste management (Credit: YouTube, iStock)

Big building owners prevent city from dumping container-pickup in trash-collection reform