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Jennifer Esposito Lists New York City Apartment

Filed under: Estates, Celebrity Shopping

jennifer espositoNew York magazine reveals that actress Jennifer Esposito has listed her New York City apartment. The actress actually has two apartments at 23 East 10th Street, a pair of one-bedroom co-ops that can be bought separately or together. A few years ago she bought her upstairs neighbor's apartment in order to create one large unit but she never got around to it. Her apartment appears to be a bit larger includes a Julietl balcony and has a dining area and portal style windows. The unit upstairs has a loft bedroom up a small flight of stairs and the desirable feature of a terrace large enough for lounge chairs and a few potted plants. The building, the Albert has a full time doorman and a common roof deck and is pet friendly. The units are priced at $1.435 million for both.

[via Cityfile]

Selling Real Estate to Leibovitz "Big Mistake"

Filed under: Art, Real Estate Developments

annie leibovitzCelebrity photographer Annie Leibovitz may lose her two high profile properties if Art Capital Group wins its $24 million lawsuit. They are side-by-side in Greenwich Village and date back to the 1830s. Leibovitz's plan was to combine 755 Greenwich Street and 757 Greenwich Street into a single 9,000 sqft life/work space. These plans, of course, are in jeopardy, and the former owner of the Greenwich Street homes, Jay Furman, partner in FYH Village LLC, is calling the sale a "big mistake."

The renovations have taken years, resulting in legal action from the Greenwich Village Society for Historic Preservation and a $15 million lawsuit against Leibovitz by her next-door neighbor. The suit was settled in 2003, when the photographer bought the litigant's building for $1.87 million. So, she wound up paying for three properties (12,000 sq. ft. in all), which contributed to a tenuous financial situation and the loan from Art Capital Group, according to Bloomberg News.

These transactions were only part of a mountain of debt amassed by the photographer. From 1999 to 2008, Leibovitz borrowed extensively to purchase property and refinance the debt she was carrying. In total, her activity stretched to more than a dozen loans, Bloomberg News reports, all on the back of her real estate holdings. Two 2006 loans – for $4.7 million in November and $2.5 million in December – were extended by Rhinebeck Properties LLC, which happens to have the same address as Conde Nast Publications Inc.

Great Houses of Greenwich Village

Filed under: Decor, Books


Beware of acute real estate envy setting in with a new book called The Houses of Greenwich Village (Abrams, $45), by Kevin D. Murphy and Paul Rocheleau. We happen to think it's the nicest neighborhood in New York, and having resided there on occasion look forward to retuning some day - preferably to one of the palatial places pictured in this amazing anthology.

From the incredible Walter W. Price house, built in 1866 (the elaborate parlor of which is pictured above), to the quaint row houses that still command prices in the millions, Greenwich Village is a throwback to a simpler and more gracious time in the city's rich history. And thanks to the unswerving efforts of preservationists, it's likely to remain that way. Check out the gallery for a tour through this exclusive and desirable district.



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