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NY coops and cooperative apartment sales: prices, buyers, sellers, details, and deals
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Category — Greenwich Village

Greenwich Village to Williamsburg: “Can You Hear Me Now?”

Verizon pitchman Paul Marcarelli just sold his 2 bedroom, 1½ bathroom co-op apartment at 41 Fifth Avenue for $1.255 million.


Marcarelli paid $799,000 for a new condo in Williamsburg last fall in The Rialto at 150 N. 5th Street in Brooklyn.

You can take a tour of this renovated co-op in the heart of Greenwich Village with listing broker Laurie Silverman.

Given how long it took Marcarelli to sell his co-op, the apartment appears to have been crying out to him, “Can you sell me now?”

It was first listed for $1.425 million in July 2009, but it sold for 12% less.

Although the co-op is in the heart of Greenwich Village in a Rosario Candela building, it seems to have a few drawbacks. These include a huge $2,000/month maintenance, and a rather smallish size. Not exactly a family home, but a perfect starter co-op.

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April 16, 2010   No Comments

COO of Privately Held DOD Contractor Pays $2.45M for West Village Loft


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.

West Street and 377 W. 11th Street in the West Village

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
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March 23, 2010   1 Comment

Charles Gandee Sells Village 1BR Co-op Apt. for $2M

An unusually shaped 1,400 sq. ft. pre-war duplex co-op apartment at 29 East 9th Street just sold for $2,000,000, a little more than a 10% reduction off of the original $2,251,000 listing price when the 1 bedroom first hit the market last May.


The seller was the architecture and design critic Charles Gandee. He is a former Vogue editor who contributed pieces to The New York Times Magazine, Architectural Record, and Travel & Leisure.

According to Salon, Gandee secured a Conde Naste-backed mortgage “when he was just an editor at large” at the publisher’s now defunct House & Garden magazine. An inspection of New York City public records confirms this, including multiple filings listing Conde Naste as a secured creditor during portions of his nearly 18-year residence there.

The buyers are author Philip Galanes and his partner, the swanky architect Michael Haverland.

The co-op is drenched in sunlight streaming in from the south through floor-to-ceiling windows in the 18-foot high living room. Monthly maintenance on the 5-room, 1 bedroom, 1 bath apartment is $2,581. The pre-war elevator building has a doorman, a common outdoor space, and — alas — a communal laundry room, not a private washer and dryer in the apartment.

The apartment has several tiny balconies that are just too cute; perfect for growing your own tomatoes or sunflowers.

Prudential Elliman brokers Dee Simonson and Mary Anne Cotter had the listing on the apartment, selling it in 7 weeks.

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January 13, 2010   No Comments