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DwayneWade

Sunday Real Estate Round-Up, 01/03/10

Filed under: Estates, Celebrity Shopping


From Cityfile's Buyers and Sellers:
--70 Broad Street which hit the market for $45 million in September is now listed at $30 million. The listing is here.
--via New York Magazine, Beach Boys lead singer Mike Love and his wife, Jacquelyne, have put their renovated three-bedroom apartment at 300 East 93rd Street on the market for $2.35 million. The listing is here.
--via Curbed, the townhouse at 19 East 70th Street that currently houses the Knoedler Gallery has gone on the market. It has eight fireplaces and coffered ceilings and is listed for $59.5 million.

--Richard Pesin, a vice president in Bruce Ratner's Forest City Ratner Companies and the real estate firm's director of retail development has paid $4.1 million for a penthouse apartment at The Prime on West 14th Street.
--via the NY Observer, fashion designer Georgina Chapman and her brother Edward, who serves as chief executive of her Marchesa fashion label, have paid $1.7 million for a condo at 99 Jane Street that it is believed was bought either as a residence for Edward or as a guesthouse for friends and family.
--The Park Avenue apartment belonging to the late Alice Polk Rutherfurd has been sold for $2.5 million to Marc Packer, a partner at Skadden Arps, and his wife, Caroline Packer, the vice president for public relations and special events at Saks Fifth Avenue.
--Restaurateur Kiwon Standen, who co-owns Bar Blanc in the Village, has paid $2.38 million for a three-bedroom apartment at 31 West 12th Street.
--David Boies, the trial lawyer who represented Al Gore in the contested presidential election of 2000, has picked up a new apartment on Fifth Avenue. Boies and his third wife Mary paid $7.75 million for a 35th-floor apartment at the Sherry-Netherland. The apartment first went on the market for $9.95 million in April.
--via the Real Deal, Olatz Schnabel, the estranged wife of Julian Schnabel paid $5.5 million for a 4,256-square-foot townhouse at 38 King Street in the West Village.
--Blackstone senior managing director Prakash Melwani has sold his three-bedroom co-op at 876 Park Avenue for $5.875 million to Greg Mondre, a managing director at private equity firm Silver Lake Partners, and his wife Alexandra, a managing director at Goldman Sachs.
--Gisele Bundchen has finally closed the deal on the sale of her New York City townhouse. It sold for $12.95 million.
--via the Real Deal, Ravi Singh, a managing director at Credit Suisse, has sold his four-bedroom apartment at 15 CPW for $25 million. He bought the seventh-floor apartment in 2008 for $15.87 million.
--Jewelry designer Anna Bulgari has sold her two-bedroom apartment at 31 East 79th Street, it sold for $3.49 million to society fixture Liliane Peck.

From Chicago Tribune's Elite Street:
--Former WBBM-Ch. 2 reporter and morning news anchor Stacia Dubin and her husband have paid $2.725 million to buy a home Glencoe, Illinois and the pair have sold a 21st-floor condominium unit in a Gold Coast high-rise for $720,000.
--Bluff's Edge, an 18-room, Georgian-style mansion in Lake Forest is on the market for $6.495 million. The listing is here.

From the Chicago Tribune's Elite Street:
--Portland Trail Blazers forward and Chicago native Juwan Howard has paid $2.55 million for a three-bedroom,unit in the Trump International Hotel & Tower, buying the 53rd-floor unit through his JAH trust. Other athletes in the building include former Bears quarterback Rex Grossman and Blackhawks right wing Patrick Kane.
--Miami Heat guard Dwyane Wade has paid $1.425 million for a four-bedroom, 3,476-square-foot town home in River West.
--Former Bulls forward Antonio Davis has taken a loss on his six-bedroom mansion in Burr Ridge, selling it for $2.75 million. Davis paid $3.125 million for the house in 2006 and most recently had listed it for $3.299 million.

Dwayne Wade's House, Estate of the Day

Filed under: Estates


The home of Miami Heat basketball star Dwayne Wade is one that I am just itching to hear your thoughts on.The massive home in the Pinecrest, Florida area puts to shame other NBA homes I have seen such as those owned by Shaquille O'Neal and Karl Malone. Like Shaq, Wade personalized his pool and like Malone, Wade went a wee bit crazy with the murals.

From the outside the nearly 12,000-square-foot French-style home seems rather sedate but once inside the six-bedroom home things get a bit Flashtastic. Wade, known as "Flash," has put a "W" inlaid in the marble floor in the entrance hall and the listing includes the furnishings, artwork and some of Mr. Wade's memorabilia. There are rooms in the home, such as the dining room that are rather elegantly decorated, there are also touches like the Spider-man-themed bathrooms and the many, many renderings of Mr. Wade, that make this a home in need of some work. The home is so idiosyncratic that you would really have to be a fan to live here and I wonder if he will have as tough a time selling as Malone did. There is also a one-bedroom guest house, pool and patio with a summer kitchen on the property. The home is listed at $8.9 million. After the jump, a monument to ego.

UPDATE: Wade has struggled to sell the home, reducing the price several times. It is now listed at $4.599 million.

[via The Real Estate Journal]

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