guy-wildenstein

Wildenstein Takes a Loss at the Plaza

cityfile · 01/19/10 09:44AM

• Guy Wildenstein has finally unloaded his fourth-floor apartment at the Plaza, albeit for a quite a bit less than the $21.5 million he paid for it in 2008. The art mogul first put the "Frank Lloyd Wright suite" on the market in November 2008 for $25.7 million and gradually dropped the price to $18 million in June 2009. Now comes word that the apartment has sold for $13 million to an entity identified in property records as Hudson-Plaza Realty LLC. [Curbed]
• Dorris Carr Bonfigli, the uptown hostess and Bernie Madoff victim, has dropped the price of her penthouse at 930 Fifth Avenue once again. The elaborate two-bedroom, three-bath co-op, which Bonfigli first listed in December 2008 for $11.3 million, has gone down in price five times since then, and is now listed for $8.75 million. [Cityfile, Corcoran]
• John Geary III, the son of socialite Hilary Geary Ross and stepson of billionaire Wilbur Ross, and his wife Medora have paid $2.7 million for a three-bedroom co-op at 520 East 86th Street. [Cityfile]

A Contract at 15 CPW, Signs of Life at the Plaza

cityfile · 06/22/09 07:22AM

• Attorney Bruce Kaye and his wife Deborah have found a buyer for their two-bedroom condo at 15 CPW. The 32nd-floor apartment, which the Kayes bought for $7.8 million last July and put back on the market for $11.9 million in April, went into contract last week. [Cityfile, MRP]
• More moves at the Plaza: Oscar Schafer, managing partner of OSS Capital Management, has gone into contract to sell his 17th-floor apartment, which had been listed most recently at $12.5 million. And Guy Wildenstein has taken $3 million off the price of his Frank Lloyd Wright Suite, which is now listed with Corcoran's Carrie Chiang for $18.5 million. [NYT, Warburg, Corcoran]
• Bruce Lisman, the former co-head of global equities at Bear Stearns, has gone into contract to sell his apartment at 923 Fifth Avenue, nearly two-and-a-half years after he first put it on the market. The four-bedroom condo had most recently been listed at $16.75 million. [Cityfile, BHS]
• Marc Dreier's two Hamptons properties sold for a combined $10.4 million at auction last week, which is about $2 million less than they were expected to fetch. [Law.com via Curbed]

Guy Wildenstein Gets Desperate at the Plaza

cityfile · 01/12/09 12:43PM

This isn't the easiest time to sell an apartment at the Plaza what with all the bad press and lawsuits, but Guy Wildenstein is giving it his best shot. The president of Wildenstein Galleries (and ex-brother-in-law of Jocelyne) first put the 8,033-square-foot former Frank Lloyd Wright Suite on the market in September for $46.5 million, a few weeks before plunking down $32.5 million on William F. Reilly's 9,250-square-foot townhouse at 7 Sutton Square. Now, after languishing on the market for four months with broker Carrie Chiang, Wildenstein has slashed the price of his Plaza spread by $4.1 million. It's now down to the bargain basement price of $42.4 million. You can take a look at the floorplan after the jump.

Wildenstein Buys Sutton Square Townhouse

cityfile · 10/02/08 11:39AM

It looks like billionaire art dealer Guy Wildenstein has already found a new home now that he's put his apartments at the Plaza up for sale. Wildenstein has paid $32.5 million for former Primedia chairman William F. Reilly's 9,250-square-foot townhouse at 7 Sutton Square. The five-bedroom home, which is actually two townhouses that were renovated and combined 10 years ago, includes a three-story mezzanine, gym, sauna, rooftop garden, and 15-foot glass rotunda. Photos and floorplan after the jump!

Wildenstein Wants Out of The Plaza

cityfile · 09/29/08 07:02AM

♦ Guy Wildenstein, the president of Wildenstein Galleries and Jocelyne's ex-brother-in-law, is dumping the five apartments at The Plaza he'd once planned to turn into a sprawling residence. He's already sold a two-bedroom on the building's fifth-floor; the other four apartments are listed with Corcoran's Carrie Chiang. [NYT, Corcoran]
Tom Freston isn't the only person having trouble unloading one of Andy Warhol's former homes. The owner of the townhouse at 1342 Lexington Avenue, where Warhol lived with his mother in the '60s, has lowered the price from $5.99 million to $4 million. [NYT]
♦ Art gallerist Allene Lapides has picked up a pied à terre in New York. She paid $3.045 million for a third-floor co-op at 116 East 63rd Street. [Cityfile]