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Cameron Mathison In New York City, Estate of the Day

Filed under: Estates, Celebrity Shopping

We might be seeing a sudden flood of soap opera star pads on the market. The NY Times Big Deal column reports that because ABC is switching production of "All My Children" to Los Angeles, after 40 years of production in New York, many actors and crew might be putting their homes on the market. One soap opera hunk who has already taken that leap is the ever-smiling Cameron Mathison, who plays Ryan Lavery on the soap (and was also a contestant on "Dancing With The Stars"). Mathison has put his modernist brownstone in Harlem on the market for $2.7 million.

The 20-foot wide townhouse has three bedrooms. The brownstone includes a peaceful garden graced with a Buddha statue. Mathison and his wife Vanessa paid $1.225 million for the house which was at that point 80 percent of the way through a renovation that turned it from an apartment building into a single-family house. The facade remained a classic brownstone but inside the original old brick competes with recessed lighting and a floating steel staircase. The top level has a playroom with a skylight on the top level, and the open parlor floor has a fireplace, a kitchen and a living room. It is listed at $2.7 million.

Bailey Mansion Gets A Major Price Cut

Filed under: Estates

It's not a surprise to me that the price has been cut on the Bailey mansion in Harlem. The free-standing house at 10 St. Nicholas Place in New York was once the home of circus entrepreneur James Bailey and it is an amazing structure full of turrets, stained glass and some of the most fanciful and elaborate woodwork around. It's also in a significant state of disrepair. The Wall Street Journal's Private Properties column reports that the mansion has had a price cut from $10 million to $6.5 million and whoever buys can expect to expend significant money in rehabbing this old beauty. The column quotes the real estate agent, Lori Huler Glick, who says it could be turned into a a bed & breakfast, a school or a hospital facility. it has 12 bedrooms, a solarium, and a double living room. It is truly a unique structure but it remains to be seen whether anyone has the vision to restore this property.

Doug E. Fresh Joins The Foreclosure Club

Filed under: Estates, Celebrity Shopping

The foreclosure news seems to keep coming. We saw a couple over the weekend and this morning the NY Post revealed that 1980s rapper Doug E. Fresh is facing not one but three three foreclosure actions possible foreclosures from banks looking for more than $3.5 million in unpaid mortgages on three of his Harlem homes. He also owes American Express nearly $60,000 in credit-card debt and is facing a tax lien of $367,000 from the IRS and more than $40,000 from the state of New York tax collector. He grew up in Harlem and invested in local real estate but according to a foreclosure suit filed in Manhattan in late August, 2008, he now owes more than $1.73 million. Meanwhile he is planning to open a restaurant in Harlem, Doug E's Chicken and Waffles in 2009.

Skinny in Harlem, Estate of the Day

Filed under: Estates

Every article I read about New York real estate highlights how expensive it is so when I received the tip to check out this home I was curious. A New York townhouse for just a few million? Don't get too excited, it is in Harlem and it is skinny (under 16 feet wide). The home was built in 1910 and has a planted terrace and garden. The parlor floor has 12-foot ceilings and lots of original wood including mahogany-framed windows and mirrors, carved woodwork, crown moldings and a carved staircase. The kitchen looks to be the most modern room of the house with a La Canche range, double drawer dishwasher and a large bay window overlooking walled landscaped garden. The home is four floors total, the garden floor with a kitchen and a great room and a guest bedroom. The parlor floor includes a formal dining room, home office and a parlor with an adjoining movie room. The third floor is home to another bedroom, a library and a terrace and the top floor has two more bedrooms which share a bathroom. The home also has two laundry rooms and a basement with a carpeted area and storage space. The home's taxes are just $2,500. This home is listed at $3.2 million. There is an open house this Sunday for this home if you are curious. After the jump, I'm usually in favor of dark wood but I think in this house it makes things too gloomy.

[Thanks, Kerry!]


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