The Real Deal New York

Designer’s UES townhouse sells for $27M

By Katherine Clarke | April 16, 2013 04:30PM

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.