Category — Co-op Lofts
Doug Valenti and Terri Valenti just bought a Soho loft co-op at 12 Wooster Street for $2.15 million using a living trust.
The Valenti’s make their home in Silicon Valley. Doug Valenti is the Chairman and CEO of QuinStreet, a performance marketing and media company.
The 3 bedroom, 2 bathroom apartment is located on the fringe of southern Soho between Canal and Grand Streets.
The stylish loft kitchen has the standard luxury tools: a Sub-Zero fridge, silent Miele dishwasher, along with a Viking stove and oven.
It appears that a portion of a rainforest was destroyed to make the loft’s custom storage cabinets: they listing described them as being “harvested from South American woods”
Sotheby’s brokers Camille McKinley and Mark Thomas Amadei had the exclusive for the sellers.
Neighbors in the building include:
- Photographer James Dee and wife Saralah Dee
- Wesley Wang a founding Managing Director of Phoenix Partners Group, a derivatives brokerage firm.
March 25, 2010 2 Comments
Julian Setian, the COO at privately held SOS International, a U.S. Defense Department contractor, just paid $2.495 million for a 2,377 sq. ft. 3 bedroom, 2 bathroom duplex co-op loft apartment in the West Village.
Monthly maintenance is $2,315.
The sellers were David A. Willmott and Catherine S. Willmott. The couple will celebrate their 12-year wedding anniversary this summer.
David is currently the Senior Vice President of Corporate Development and Strategy at Blount International, a worldwide manufacturing company based in Portland, Oregon.
According to public disclosures, David is an 11-year veteran of now downfallen and bankrupt Lehman Brothers where he was a partner in the investment firm’s private equity division. Before joining Blount, Willmott was a co-founder and partner at the New York based private equity firm Collins Willmott & Co. LLC.
Halstead’s Susan Goldman had the exclusive.
Neighbors in the building include:
- Morgan Stanley Executive Director Beverly Israely, and Frederick Kelly, who paid $1.916 million for their apartment in 2005.
- Jason McCoy and Lisbeth Rassmussen-McCoy, who paid $1.55 million for their co-op.
- Underground art mavin Jacaeber Kastor and Althea Kastor who paid $1.35 million for their co-op loft in 2006;
- Gregory Blatt, CEO of Match.com and former General Counsel for Martha Stewart Living, who paid $2.36 million for his co-op in Dec. 2005
March 23, 2010 1 Comment
A New York City artist sold his duplex penthouse loft at 9 White Street in Tribeca, but only after a whopping 40% reduction from his original $5.95M list price when he first put the co-op on the market in April 2006.
Sculptor Bryant Hunt just sold his penthouse duplex loft at 9 White Street in Tribeca for $3,615,000.
That’s a nice chunk of change in today’s market, but it was not even close to the nearly $6M champagne and caviar price he tried to get nearly four (4) years earlier.
Here’s another way to look at the deal: for every month that Hunt’s duplex co-op loft remained on the market, the price effectively dropped another $48,645 until he sold it.
Located in the heart of Tribeca, the 3,500 sq. ft. 3 bedroom, 2 bath co-op offers an enormous sun-filled space on two floors.
The master bedroom is up the steps on the top floor, surrounded by the roofdeck with a view looking North of the AT&T Long Distance Building built in 1932.
According to public records, neighbors in the co-op include:
- Psychiatrist William D. Sobel
- General practice physician and artist Thomas Kovachevich.
- Sweden Unlimited, an interactive design firm whose clients span the fashion, art, entertainment, and hospitality industries.
Photo credits: Brown Harris Stevens
March 5, 2010 No Comments