New York

Brazilian oil exec swaps Roger Erickson for BLU Realty in sale of $19M townhouse

From left: Vince Rocco, Mithlesh Kush and Shane Shimon, all of BLU Realty; the interior of <a class="lavamap_link" style="text-decoration: none !important; color: inherit; box-shadow:none !important; pointer-events: none; cursor: default;" href="https://lavamap.com/property/41-West-74-Street-New-York-NY-10023/1011270012-0" target="_blank" data-address="41%20West%2074%20Street%2C%20New%20York" data-label="41%20West%2074th%20Street" data-url="https%3A%2F%2Flavamap.com%2Fproperty%2F41-West-74-Street-New-York-NY-10023%2F1011270012-0" data-bbl="1011270012" data-blockValue="01127" data-lotValue="0012" data-zipcode="10023" data-bldgArea="8%2C175" data-bldgDepth="77" data-bldgFront="20" data-landUse="1%20%26%202%20family%20buildings" data-lotArea="2%2C043" data-lotFront="20" data-lotDepth="102.17" data-retailArea="0" data-resArea="6%2C635" data-officeArea="0" data-garageArea="0" data-strgeArea="0" data-factryArea="0" data-otherArea="0" data-bldgClass="A4" data-primaryZoning="R8B" data-commercialOverlay="" data-far="4" data-buildable="8%2C172" data-airRights="0" data-propertyNeighborhood="Upper%20West%20Side" data-latitude="40.7784687836742" data-longitude="-73.9766190419239" data-moreList="%5B%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FviewOnMap.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F41-West-74-Street-New-York-NY-10023%5C%2F1011270012-0%22%2C%22urlLabel%22%3A%22View%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2Fownership.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F41-West-74-Street-New-York-NY-10023%5C%2F1011270012-1%22%2C%22urlLabel%22%3A%22View%20Ownership%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FleaseComps.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Ftherealdeal.com%5C%2Fnew-research%22%2C%22urlLabel%22%3A%22TRData%22%7D%5D" data-articleList="%5B%5D" rel="noopener">41 West 74th Street</a>

From left: Vince Rocco, Mithlesh Kush and Shane Shimon, all of BLU Realty; the interior of 41 West 74th Street

The owner of a refurbished Upper West Side townhouse that has lingered on the market for the past year has switched listing agents, ditching top broker Roger Erickson of Sotheby’s International and hiring a team of agents from BLU Realty Group.

The six-story, 9,700-square-foot home, at 41 West 74th Street, is now asking $19 million — down from $20 million— and is listed with BLU’s Shane Shimon, Vince Rocco and Mithlesh Kush. It first hit the market a year ago, listed with Erickson.

The assignment is a boon for BLU, which opened in 2011 and last year snatched a listing for an Upper East Side townhouse, at 170 East 80th Street, from another mega-broker: Brown Harris Stevens’ Paula Del Nunzio, as The Real Deal reported. BLU ranked No. 5 in TRD’s 2012 ranking of boutique brokerages, and No. 4 in this year’s ranking of mid-size firms.

Paolo Gouveas, a Brazilian oil executive, bought the neoclassical house — reportedly in all cash — in 2011, according to Rocco. The purchaser listed in public records is the Three Joses LLC, which paid $12.5 million.

The townhouse, Between Columbus Avenue and Central Park West, first made headlines when Howard Lorber’s Vector Group snapped up the mortgage in 2008 (at a discount of about $5 million) after the owner, James Cummings, a Greenwich, Conn.-based developer, ran into financial trouble during the economic downturn, previous reports show.

Cummings thoroughly remodeled the five-bedroom, seven and five half-bathroom (yep, you read that right) brownstone, according to previous reports, and then unloaded the mortgage to Vector.

The posh pad includes a rooftop hot tub, playroom, laundry room and elevator, according to the listing.

As for why Gouveas hired different brokers, Rocco said only: “He liked our enthusiasm.”

Erickson, a top producer at Sotheby’s, was investigated by the New York State Department of State in 2012 for allegedly not disclosing his status as a dual agent in a deal at 812 Fifth Avenue. The case has been referred to the DOS’ litigation department.

Reached via email, Erickson wished BLU the best: “41 West 74th Street is a fabulous townhouse and I wish the new brokers success in marketing it.”

 

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New York

Brazilian oil exec swaps Roger Erickson for BLU Realty in sale of $19M townhouse

From left: Vince Rocco, Mithlesh Kush and Shane Shimon, all of BLU Realty; the interior of <a class="lavamap_link" style="text-decoration: none !important; color: inherit; box-shadow:none !important; pointer-events: none; cursor: default;" href="https://lavamap.com/property/41-West-74-Street-New-York-NY-10023/1011270012-0" target="_blank" data-address="41%20West%2074%20Street%2C%20New%20York" data-label="41%20West%2074th%20Street" data-url="https%3A%2F%2Flavamap.com%2Fproperty%2F41-West-74-Street-New-York-NY-10023%2F1011270012-0" data-bbl="1011270012" data-blockValue="01127" data-lotValue="0012" data-zipcode="10023" data-bldgArea="8%2C175" data-bldgDepth="77" data-bldgFront="20" data-landUse="1%20%26%202%20family%20buildings" data-lotArea="2%2C043" data-lotFront="20" data-lotDepth="102.17" data-retailArea="0" data-resArea="6%2C635" data-officeArea="0" data-garageArea="0" data-strgeArea="0" data-factryArea="0" data-otherArea="0" data-bldgClass="A4" data-primaryZoning="R8B" data-commercialOverlay="" data-far="4" data-buildable="8%2C172" data-airRights="0" data-propertyNeighborhood="Upper%20West%20Side" data-latitude="40.7784687836742" data-longitude="-73.9766190419239" data-moreList="%5B%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FviewOnMap.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F41-West-74-Street-New-York-NY-10023%5C%2F1011270012-0%22%2C%22urlLabel%22%3A%22View%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2Fownership.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F41-West-74-Street-New-York-NY-10023%5C%2F1011270012-1%22%2C%22urlLabel%22%3A%22View%20Ownership%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FleaseComps.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Ftherealdeal.com%5C%2Fnew-research%22%2C%22urlLabel%22%3A%22TRData%22%7D%5D" data-articleList="%5B%5D" rel="noopener">41 West 74th Street</a>

From left: Vince Rocco, Mithlesh Kush and Shane Shimon, all of BLU Realty; the interior of 41 West 74th Street

The owner of a refurbished Upper West Side townhouse that has lingered on the market for the past year has switched listing agents, ditching top broker Roger Erickson of Sotheby’s International and hiring a team of agents from BLU Realty Group.

The six-story, 9,700-square-foot home, at 41 West 74th Street, is now asking $19 million — down from $20 million— and is listed with BLU’s Shane Shimon, Vince Rocco and Mithlesh Kush. It first hit the market a year ago, listed with Erickson.

The assignment is a boon for BLU, which opened in 2011 and last year snatched a listing for an Upper East Side townhouse, at 170 East 80th Street, from another mega-broker: Brown Harris Stevens’ Paula Del Nunzio, as The Real Deal reported. BLU ranked No. 5 in TRD’s 2012 ranking of boutique brokerages, and No. 4 in this year’s ranking of mid-size firms.

Paolo Gouveas, a Brazilian oil executive, bought the neoclassical house — reportedly in all cash — in 2011, according to Rocco. The purchaser listed in public records is the Three Joses LLC, which paid $12.5 million.

The townhouse, Between Columbus Avenue and Central Park West, first made headlines when Howard Lorber’s Vector Group snapped up the mortgage in 2008 (at a discount of about $5 million) after the owner, James Cummings, a Greenwich, Conn.-based developer, ran into financial trouble during the economic downturn, previous reports show.

Cummings thoroughly remodeled the five-bedroom, seven and five half-bathroom (yep, you read that right) brownstone, according to previous reports, and then unloaded the mortgage to Vector.

The posh pad includes a rooftop hot tub, playroom, laundry room and elevator, according to the listing.

As for why Gouveas hired different brokers, Rocco said only: “He liked our enthusiasm.”

Erickson, a top producer at Sotheby’s, was investigated by the New York State Department of State in 2012 for allegedly not disclosing his status as a dual agent in a deal at 812 Fifth Avenue. The case has been referred to the DOS’ litigation department.

Reached via email, Erickson wished BLU the best: “41 West 74th Street is a fabulous townhouse and I wish the new brokers success in marketing it.”

 

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