Milton Glaser’s Kips Bay office townhouse sells to New York Review of Books

Legendary graphic designer bought the former Tammany Hall clubhouse in 1965

New York /
Oct.October 09, 2020 08:30 AM
Milton Glaser and 207 East 32nd Street (Getty, Google Maps)

Milton Glaser and 207 East 32nd Street (Getty, Google Maps)

The Kips Bay office townhouse owned by legendary graphic designer Milton Glaser, who created the “I ❤️ NY” logo, finally sold.

The 9,000-square-foot building at 207 East 32nd Street sold for $7.5 million, or $833 per square foot, according to Adelaide Polsinelli, a vice-chair at Compass. Polsinelli began marketing the property in 2019, and had hoped to sell it for $12 million before the pandemic struck.

The buyer is the literary magazine The New York Review of Books, which currently occupies an office at 435 Hudson Street in Tribeca. The NYRB did not return a call for comment.

The Beaux-Arts building dates back to 1902, and was designed by Robert L. Lyons as a clubhouse for members of the Tammany Hall Central Association. The leader of this division of Tammany Hall was ousted as the property was being completed, and it was soon leased to the city as a court. It features ornate exterior details, including a glass transom etched with “Art is Work” and stone lions that glare down from its mansard roof.

Glaser bought the property in 1965, and it became home to New York magazine, which Glaser founded in 1968 with Clay Felker. After the magazine relocated in 1974, Glaser’s office remained.

It was here he designed his most famous logo — for free, in an effort to bolster New York’s lagging reputation in the 1970s — as well an iconic Bob Dylan album cover, the logo for the Brooklyn Brewery and a gold bottle for Trump Vodka, along with many other works.

Polsinelli said she targeted non-traditional users before identifying two that loved the property.

Glaser, who was intimately involved in the sale until his death on June 26, was delighted that the buyer is also a leader in the literary arts, Polsinelli said.


Related Articles

arrow_forward_ios
Clockwise from top left: 162 West 13th Street, 325 Avenue Y in Brooklyn, 1281 Viele Avenue in the Bronx (Credit: Google Maps)
Here’s what the $10M-$30M NYC investment sales market looked like last week
Here’s what the $10M-$30M NYC investment sales market looked like last week
From left: Milos Raonic, Venus Williams, Serena Williams and Novak Djokovic (Credit: Getty Images)
Luxury real estate anyone? US Open stars and their palatial pads
Luxury real estate anyone? US Open stars and their palatial pads
Lena Dunham and 60 Broadway (Credit: Getty Images)
Lena Dunham’s “massive real estate mistake”
Lena Dunham’s “massive real estate mistake”
Lily Collins and her Beverly Hills home (Getty, Nicholas Property Group)
“Emily in Paris” star Lily Collins finds buyer for Beverly Hills home
“Emily in Paris” star Lily Collins finds buyer for Beverly Hills home
Steve Witkoff and Ian Schrager in front of the iconic PUBLIC hotel escalators. (PUBLIC, Getty)
EB-5 fund alleges Schrager, Witkoff siphoned money from Public Hotel
EB-5 fund alleges Schrager, Witkoff siphoned money from Public Hotel
Best Buy has closed about 20 of its big-box stores in each of the past two years (iStock)
Best Buy lays off 5,000 staffers, increases store closures
Best Buy lays off 5,000 staffers, increases store closures
Ryan Serhant and Gary Barnett on Development Slowdown in Pandemic
Coffee Talk: Extell’s Gary Barnett and Ryan Serhant
Coffee Talk: Extell’s Gary Barnett and Ryan Serhant
Cushman & Wakefield CEO Brett White
Cushman reports 10% drop in revenue in 2020
Cushman reports 10% drop in revenue in 2020
arrow_forward_ios

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

Loading...