ParkAvenue

Silver Spoons and Party Tips From Park Avenue

There's a lot to like about the Park Avenue lifestyle, especially as it is captured in the book "Park Avenue Potluck: Celebrations," published by Rizzoli. This book takes us inside the apartments facing the broad boulevard with a European feel, to tell us, if not everything, then just enough, to entertain Park Avenue style. Hint: there may be a cook for hire involved, and you'll want to get out the china, write place cards, and dust off the napkin rings. As for what you'll be serving: The ladies are not cutting-edge professional chefs, so this is not the place to find culinary revelations on par with "Momofuko." Rather the recipes are for comforting dishes, not too healthy or unhealthy, and presented simply but beautifully. Vetted by New York Times food writer Florence Fabricant, these are gold-plated go-to dishes. And some, such as Coco Kopelman's baked latkes, are a real find.

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Tags: cookbook, dining, entertaining, florence fabrikant, FlorenceFabrikant, food, park avenue, ParkAvenue, recipes

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The Struggle To Sell 895 Park Avenue

by Deidre Woollard (RSS feed) —

Filed under: Estates

The Manhattan triplex penthouse of the late movie producer Charles Evans, brother of Bob, has been in and out of our Sunday real estate round-up a bunch of times and none of them ending with the magic word "sold." The NY Observer's Max Abelson reports that the 14-room, four-bedroom unit at 895 Park Avenue is back on the market once again after the building's co-op board turned down a buyer who had signed a contract for at least $14 million. This is the third time that a deal for the penthouse has fallen through and the price of the apartment has been steadily tumbling since 2007 when it was first listed for $29.5 million. Now you can get this impressive spread for a far more modest $15.5 million.

The apartment offers terraces on the 16th and 18th floors with views of Central Park and the West Side skyline. It's a big, beautiful, glamourous New York City pad with large formal rooms for entertaining and an entire floor given over to bedrooms. It also includes an eat-in kitchen and there are two wood burning fireplaces in the library and living room. The co-op board is said to be looking for "settled" types with solid income.

Gallery: 895 Park Avenue

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Tags: charles evans, CharlesEvans, new york city, NewYorkCity, park avenue, ParkAvenue

Former UBS Exec Demonstrates How Not To Sell On Park Avenue

by Deidre Woollard (RSS feed) —

Filed under: Estates

Even a Park Avenue address is no guarantee of a real estate payday in New York City these days. Former UBS executive Ramesh Singh has been trying to sell his duplex at 823 Park Avenue since last year when he put the home on the market at $24.75 million. He and his wife Farida Khan had paid $20 million for apartment a few months earlier. Since then Cityfile has been faithfully chronicling the apartment's price drops. The apartment's list price recently fluttered down to $14.5 million, a full $5.5 million less than the couple paid for it. This loss doesn't include the substantial amount of money the couple invested in renovating the apartment.

The Real Estalker's excellent research reveals this isn't SIngh's first debacle on Park. In 2004, he and his wife sold their co-op at 941 Park Avenue for $6.155 million and then moved to 860 Park Avenue where they spent $6,876,250 for a full floor apartment on the fifth floor. In 2007 they then moved on to 823 Park Avenue and signed contracts on a pair of apartments. The apartment at 860 Park was first listed at $13.4 million but didn't sell until earlier this year for a disappointing $7 million.

The current apartment for sale is 7,200 square feet spread out over two floors with seven bedrooms, a formal dining room, living room, eat-in kitchen and library. The lower floor includes the master bedroom suite, an entertaining kitchen and two additional bedrooms overlooking a rear terrace. The listing is here.

Gallery: Getting A Deal On Park Avenue

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Tags: park avenue, ParkAvenue, ramesh singh, RameshSingh, real estate, RealEstate, ubs

1000 Park Avenue, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

With less and less shelter magazines around, real estate listings may be our last source to check out great interior design. Today's New York City home is an apartment in 1000 Park Avenue, an Emery Roth prewar luxury co-op. The apartment has views over Park Avenue and includes a wood-burning fireplace in the living room and a formal dining room. Other rooms include a home office and a corner library. The home's windowed eat-in kitchen includes banquette seating. The four-bedroom apartment won my heart with its bold use of color including an exuberant Paul Smith swirl rug. This home is listed at $5.5 million.

Experience more lush living in luxury homes and mansions or see the stars living large with celebrity homes galleries at AOL Real Estate.

Gallery: 1000 Park Avenue

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640 Park Avenue, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

As we mentioned earlier, this stately co-op at 640 Park Avenue which was previously owned by the late Evelyn Annenberg Jaffe Hall has been reduced to $23.75 million. The apartment takes up the entire 11th floor with 6,200 square feet of space. It has four bedrooms, a library, dining room, family room and a marble gallery. The posh apartment has a classic feel with moldings, working fireplaces, parquet de Versailles wood floors and plenty of gorgeous views. After the jump, classic Park Avenue, a gilt drawing room in the sky.

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Tags: annenberg, co-op, estate of the day, new york, park avenue, ParkAvenue, real estate

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