astro
10-24-2009, 09:21 PM
Condo described here (http://www.vanityfair.com/culture/features/2008/03/schnabel200803)
It’s not wrong to think of the whole 50,000-square-foot object—and that includes the original building, which has been completely reconfigured on the inside, as well as the new addition—as a huge sculpture designed for living. And that’s some living! With 180 generous windows, balconies galore with all kinds of spectacular cast-stone or bronze railings, and the largest terraces I’ve ever seen in this town, the building is one of a kind. Each of its residences—a triplex, two duplexes (one of which is occupied by Schnabel and his family), and two single-floor homes—has the larger-than-life quality that defines Schnabel himself. Everywhere one experiences pleasure in materials and the presence of the hand. One sees it on the walls, in how the plaster is applied; on the ceilings, with their unfinished timber; in the surfaces of the fireplaces, which are themselves sculptures. The sheer thickness of the walls—they range from one and a half feet to four feet—is monastery-like, and provides the same kind of quiet. Tiles are used abundantly and to fantastic effect: cement tiles from Morocco, clay ones from California, and handmade, terra-cotta tiles from North Carolina—all coexist as if they’d never been apart.
Deal described here
Schnabel Sells Triplex Penthouse to Bill Brady (http://www.observer.com/2009/real-estate/chupi-victory-schabel-sells-another-chupi-condo-bill-brady)http://www.observer.com/2009/real-estate/chupi-victory-schabel-sells-another-chupi-condo-bill-brady
Palazzo Chupi, the semi-pink wonderland built by the yellow-spectacled artist Julian Schnabel, has finally sold off its triplex penthouse. Way back in early 2008, when Chupi was still West 11th Street's frothed-over mega-castle, Mr. Schnabel wanted $32 million for the unit, and $27 million for the duplex below.
The latter is now asking only $12.95 million. And the penthouse, according to a deed filed Friday, just sold for only $10.5 million. That's less than a third of its original tag.
The buyer is William J.B. Brady, the Palo Alto-based Credit Suisse managing director who bought a $15.5 million unit in the building three years ago. He did not return a message.
It’s not wrong to think of the whole 50,000-square-foot object—and that includes the original building, which has been completely reconfigured on the inside, as well as the new addition—as a huge sculpture designed for living. And that’s some living! With 180 generous windows, balconies galore with all kinds of spectacular cast-stone or bronze railings, and the largest terraces I’ve ever seen in this town, the building is one of a kind. Each of its residences—a triplex, two duplexes (one of which is occupied by Schnabel and his family), and two single-floor homes—has the larger-than-life quality that defines Schnabel himself. Everywhere one experiences pleasure in materials and the presence of the hand. One sees it on the walls, in how the plaster is applied; on the ceilings, with their unfinished timber; in the surfaces of the fireplaces, which are themselves sculptures. The sheer thickness of the walls—they range from one and a half feet to four feet—is monastery-like, and provides the same kind of quiet. Tiles are used abundantly and to fantastic effect: cement tiles from Morocco, clay ones from California, and handmade, terra-cotta tiles from North Carolina—all coexist as if they’d never been apart.
Deal described here
Schnabel Sells Triplex Penthouse to Bill Brady (http://www.observer.com/2009/real-estate/chupi-victory-schabel-sells-another-chupi-condo-bill-brady)http://www.observer.com/2009/real-estate/chupi-victory-schabel-sells-another-chupi-condo-bill-brady
Palazzo Chupi, the semi-pink wonderland built by the yellow-spectacled artist Julian Schnabel, has finally sold off its triplex penthouse. Way back in early 2008, when Chupi was still West 11th Street's frothed-over mega-castle, Mr. Schnabel wanted $32 million for the unit, and $27 million for the duplex below.
The latter is now asking only $12.95 million. And the penthouse, according to a deed filed Friday, just sold for only $10.5 million. That's less than a third of its original tag.
The buyer is William J.B. Brady, the Palo Alto-based Credit Suisse managing director who bought a $15.5 million unit in the building three years ago. He did not return a message.