Category — Greenwich Village

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.

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

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.