bernardsville

Bernardsville, Estate of the Day

Filed under: Estates

Today's home isn't just on Ballantine Road in Bernardsville, New Jersey, it has a Ballantine provenance. It is the former home of Alice Isabel Ballantine, daughter of brewery founder Peter Ballantine, and her husband Henry Young Jr. The home was designed by architect Charles Alling Gifford and is a stately Greek Revival manor on 28 acres. Inside the venerable old home has been restored to the nines with a muted neutral, gently feminine style that suits a home outfitted with columns and elaborate moldings. The decorator did excellent work here. I'm particularly smitten with the subtle details, like the fact that the chairs in the living room have the legs of a klismos chair, a nice nod to the home's Greek aspirant leanings. One bastion of masculinity remains in what is generally my favorite room of any home, the wood-heavy study, this one is particularly cozy and warmed up with richly toned furnishings. The grounds include an in-ground pool, four bedroom guest house and a tennis court. It is listed at $10.75 million.

Gallery: Bernardsville, New Jersey

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The Stevens Estate, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Mark Ecko's Stronghold isn't the only lavish estate in Bernardsville, New Jersey. The area was once a summer colony for Wall Street financiers after the Civil War. The Stevens Estate is a 15-acre property which was originally the summer mansion of Robert Livingston Stevens, whose family was instrumental in the development of steam-powered boats & locomotives and founded Stevens Institute of Technology. Present owner Nat Conti and architect Jeffrey Beer took on the task of restoring and updating the home including the addition of an entire new wing and a main kitchen. The entertainment level replicates a Parisian street scene with a courtyard and a home theater complete with lobby, café, and candy counter. The grounds include formal gardens, a reflecting pool with ornamental water plants and a swimming pool pavilion with a center fountain and cherub fountains. This home is listed at $16.75 million.

Gallery: The Stevens Estate

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Marc Ecko Sells Control Over His Name, Will He Lose The Castle Too?

by Deidre Woollard (RSS feed) —

In the case of hip-hop clothing designer Marc Ecko, it's hard not to blame the real estate. The NY Posts reports that Ecko has been forced to give up control of his own trademark in a move to stave off a total meltdown. He signed over a 51 percent interest in the Marc Ecko brand to Iconix, a New York company that owns brands like Joe Boxer, Candie's, Rocawear and London Fog for $63.5 million in cash plus $90 million in financing for a newly formed joint venture.

Ecko's penchant for lavish spending led him to invest in some pretty pricey properties. He is currently trying to lease out space in his 280,000- square-foot headquarters in Midtown. The building includes everything from a recording studio to a basketball court. As Ecko told the Post, he's had "a crazy, wild ride." Part of that wild ride also includes his 30-acre estate in Bernardsville, New Jersey. The estate known as Stronghold was bought by Ecko and his wife, Allison for $7.4 million in 2005. Since then they've spent in excess of $20 million in construction costs to renovate and update the home. The estate, which was originally was built by Prudential Insurance founder and US Sen. John Dryden in 1899, is not for sale but it might not move quickly if it was placed on the market. It's the sort of white elephant which has a tendency to linger in the MLS.

While the construction on the house was taking place Ecko and his family stayed in a four-bedrom Colonial home next door. That home was listed for sale in March for $1.299 million. The home is on five acres and has been renovated with a gourmet kitchen. It includes a master bedroom suite with a walk-in closet, a downstairs recreation room and a bonus room with daylight windows and a full bath. It remains on the market with a reduced price of $1.099 million.

Gallery: Marc Ecko In New Jersey