Reed Krakoff sells UES home for $51M

New York /
Feb.February 03, 2014 06:30 PM

Fashion designer and former Coach executive director Reed Krakoff has unloaded his townhouse on the Upper East Side for a cool $51 million.

The 18,000-square-foot, seven-story home at 113-115 East 70th Street was built in 1910 and purchased by Krakoff and his wife Delphine for $17 million in 2005. Divided into 12 separate apartments at the time, the Krakoffs reunited the spaces back into a single-family home.

Paula Del Nunzio, who also sold Krakoff’s 157 East 61st Street home to Pink Floyd’s Roger Waters in 2007, represented the sellers in the latest transaction, the New York Post reported. She declined to comment for the Post’s story.

The home boasts 18th-century floorboards, French mantels, hand-plastered walls and a curving staircase, according to the Post — as well as a library that pulls double-duty as a dining room.

The designer, who departed Coach early last year to focus on his own eponymous label, took a 27,000-square-foot space at 40 West 25th Street at that time, agreeing to rents in the low $50s per square foot. [NYP]Julie Strickland


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards megadevelopment inspires a new line of sex toys
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
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
The parcel of land in Causeway Bay (Google Maps)
Hong Kong sells Causeway Bay site for $2.5B
Hong Kong sells Causeway Bay site for $2.5B
(Beverly Hills Estates)
Another massive property outside LA lists for $75M
Another massive property outside LA lists for $75M
Lachlan Murdoch and the home on Sydney Harbor (Getty, Private Property Global)
Lachlan Murdoch pays $30M for half-acre Sydney Harbor boat house
Lachlan Murdoch pays $30M for half-acre Sydney Harbor boat house
Major real estate stocks ended in negative territory this week. (Getty)
Real estate stocks, markets jittery over inflation
Real estate stocks, markets jittery over inflation
Closing time: HFZ vacates the XI sales gallery in Chelsea
Closing time: HFZ vacates the XI sales gallery in Chelsea
Closing time: HFZ vacates the XI sales gallery in Chelsea
arrow_forward_ios

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

Loading...