CasaSugar

This Just In: Richard Gere Puts an Asset on Market

CasaSugar — Thu, 10 Apr 2008 05:30:43 -0700

According to Real Estalker, Richard Gere has put his four-bedroom, four-bath property in the Palazzo Chupi building in New York's West Village on the market for nearly $18 million. You may remember the building, which was designed by Julian Schnabel of directorial fame, from my recent Coveted Crib. Schnabel is said to have "created the apartment to feel like Venice in Manhattan." The listing reads:

Room proportions are grand, ceilings are 12'6"+/- high, light streams in from all directions and there are huge French doors in every room leading to terraces with Hudson River views. A large wood-burning fireplace exists in the living room and there is a covered 66'+/- colonnade running along the entire north side of the apartment. Drama abounds. Amenities include parking, elevator, air conditioning, pool, and 24-hour doorman.

Well, it turns out that Gere isn't much for old Venezia; he purchased the property in September 2007 for only $12 million, and never moved in. He's made few improvements aside from aesthetic changes like changing the color of the kitchen cabinets, so the $6-million markup seems a little absurd. But, it may actually be a steal — Schnabel himself is selling the two other units in the building (there are only five) for $32 million each.

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Coveted(?) Crib: Palazzo Chupi

CasaSugar — Wed, 05 Mar 2008 06:00:22 -0800

When artist Julian Schnabel unveiled the facade of his West Village building last Summer, New Yorkers howled in protest over the overtly hot-pink shade. Schnabel, most recently in the news for his directorial turn on The Diving Bell and the Butterfly, has definitely translated his imaginative aesthetic into the world of architecture, and despite the eye-popping initial color of the building, known as Palazzo Chupi, I have to admit I like the place, especially after seeing the interior photos (and no, the building isn't that pink in real life).

To see what Palazzo Chupi looks like on the inside, just read more.

One of the building's three-bedroom, three-and-a-half bathroom apartments is selling for $27 million, according to The New York Times real estate listing. The listing describes the property as

influenced by the scale and finishes of European palazzos and the character of Stanford White's cottage architecture, 360 West 11th Street, designed by Julian Schnabel, is New York's most unique residence. These homes have an atmosphere and aura unmatched in the city.

Vanity Fair's March issue has additional photos of the home, including an absolutely covetable basement pool with wooden-clad walls. I love this apartment's sunny rooms, oversized fireplaces, beamed ceilings, and handmade details, such as bronze door handles. Granted, if I actually had $27 million I'd likely spend it on something else than Palazzo Chupi, but it's fun to think about what it might be like to live in this place. Especially since, as Ingrid Sischy writes in Vanity Fair "Bono, Johnny Depp, Martha Stewart, Hugh Jackman, and Madonna have all checked out the remaining residences for sale, at prices ranging from $27 million to $32 million." Who knows who your neighbor might be if you moved into Palazzo Chupi?

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Midday Muse: Terraced Luxury

CasaSugar — Thu, 06 Sep 2007 12:15:05 -0700

I don't imagine I'll ever have an outdoor living area as luxe as the Gramercy Park Hotel's. However, the roof club and garden, recently reimagined by artist Julian Schnabel, offers some great lessons in creating a space that looks great both day and night.

via Stylehive