Huge Soho loft seen on “The Real World” goes in contract

6,500 sf unit could sell for half its 2013 asking price

National Weekend Edition /
Mar.March 21, 2021 09:00 AM
The first season of The Real World was set in this iconic Broadway loft. (Brown Harris Stevens, MTV Vault via YouTube)

The first season of The Real World was set in this iconic Broadway loft. (Brown Harris Stevens, MTV Vault via YouTube)

A historic Manhattan home that architect Philip Johnson once called “the most beautiful loft in Soho” is finally in contract after several years and a handful of price cuts.

Edwina Sandys, Winston Churchill’s granddaughter, is set to sell her loft 565 Broadway, according to the New York Post. The apartment went into contract with a final asking price of $5.5 million.

The 6,500-square-foot loft has quite the pop culture history: Gen Xers may recognize it from the first season of MTV’s “The Real World,” which aired in 1992. The original cast is currently shooting a reunion season in the loft.

Sandys and her husband Richard Kaplan bought the apartment in 1995 for just $950,000. They first put the loft on the market in 2013 for $10.95 million and two years later dropped the ask by $1 million.

It re-listed in 2019 asking $7.5 million, and the price dropped to $6.8 million a few months later. The final chop to $5.5 million came in March of last year.

The unit has barrel-vaulted brick ceilings, and six Corinthian-style columns stretch up from the ground floor to the steel support beams above.

The main floor totals 5,000 square feet with another 1,500 square feet on a mezzanine level. The windows are almost 12 feet tall, according to its listing.

The ground-floor retail space sold to Acadia Realty Trust in 2019 for $28 million.

[NYP] — Dennis Lynch 


Related Articles

arrow_forward_ios
Clockwise from left: Flushing’s Main Street, City Point in Brooklyn and Bronx’s Fordham Road (Getty)
Manhattan’s retail loss is outer boroughs’ gain
Manhattan’s retail loss is outer boroughs’ gain
Steve Cohen and One Beacon Court at 151 East 58th Street (Corcoran, Getty)
Manhattan luxury market sees best week since 2013
Manhattan luxury market sees best week since 2013
Solow Building Company chairman Stefan Soloviev, CEO Michael J. Hershman and vice chairman Hayden Soloviev (Solow Residential, Fairfax, LinkedIn)
Stefan Soloviev, Sheldon Solow’s son, reorganizes family firm
Stefan Soloviev, Sheldon Solow’s son, reorganizes family firm
This Brooklyn Heights home went into contract at $2,184 per square foot. (Compass)
$14M house topped Brooklyn’s luxury listings last week
$14M house topped Brooklyn’s luxury listings last week
Ai Weiwei with 708 New Forge Hallow (Getty, Compass)
Ai Weiwei–designed home sells for $5M
Ai Weiwei–designed home sells for $5M
Assemblyman N. Nick Perry and Sen. Brian Kavanagh (Getty, iStock, NY State Assembly)
New bill would force co-op boards to explain rejections
New bill would force co-op boards to explain rejections
The state has opened 52 more investigations into potential fair-housing law violations tied to the Newsday report (iStock)
Agents named in discrimination exposé face discipline from state
Agents named in discrimination exposé face discipline from state
Vorea's Peter Papamichael. (Google Maps, Vorea Group)
LIC development site under contract
LIC development site under contract
arrow_forward_ios

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

Loading...