There’s another Chupi chop – and it’s a big one. The triplex penthouse at artist Julian Schnabel’s whimsical, pink Palazzo Chupi building in the West Village has just been slashed by $5.5 million to a new asking price of $24 million. The 3,700-square-foot condo on West 11th St. first went on the market for $32 million in February. The price was lowered in July to $29.5 million.
Billed as a “townhouse in the sky,” the three-bedroom, 3½-bath apartment in the five-unit building features a baronial living room with soaring ceilings and a fireplace, multiple terraces, a gourmet kitchen, a separate master-bedroom floor and three exposures.
After the world first became aware of the Schnabel-designed condo building, rumors persisted that Bono was purchasing the triplex. While the U2 front man never materialized, Schnabel pal Richard Gere did ante up $12 million for the building’s duplex. But Gere has since relisted the four-bedroom spread for $17.995 million.
Maria Pashby of the Corcoran Group has the triplex listing.
No Time out
Quarterback Tom Brady is calling a new play on his Time Warner Center apartment. The injured New England Patriot, who recently relisted his 65th-floor pad at $18.29 million, has just clipped $540,000 off that price.
Brady, who generally crashes at supermodel Gisele Bundchen’s West Village townhouse (and who can blame him?), previously put the apartment on the market for $16.5 million in February 2007 with the Corcoran Group.
The three-bedroom, 3½-bath condo in the north tower then disappeared from the Corcoran Web site and resurfaced last July with a new broker, Prudential Douglas Elliman, and the new price.
But now that the market is listlessly limping along, much like its owner, the new $17.75 million price tag could be more of a Hail Mary pass.
Faces the park
Ageless cosmetics queen Adrien Arpel can put on a happy face after buying a park-fronting apartment. The Bronx-born Home Shopping Network hawker, who looks a decade or two younger than her 65 years, and her husband, Ronald Newman, have paid $5.9 million for a seven-room co-op at 900 Fifth Ave.
Included in the 10th-floor, three-bedroom, 3½-bath spread is a formal dining room, a maid’s room and views over Central Park and the Frick museum to the south.
Doris Benedek and Cindy Curtin of Stribling had the listing.
It costs a Fordune
It’s not all doom and gloom out there in the high-end market.
In fact, Hamptons brokers are already gearing up for what they hope will be a robust rental market by the time the Panic of ’08 subsides.
One of the Hamptons’ premier properties, Fordune, will be listed for rent, probably for the first time since Henry Ford II owned the 42-acre oceanfront Southampton estate.
And it’s going to cost a cool $600,000 to use it from August through Labor Day next year. If you throw in July, that’s an extra $400,000.
Featuring 33,000 square feet of space, the renovated mansion has 12 bedrooms, 12 bathrooms, a game room, a library, a large formal dining room, staff rooms and a commercial kitchen. The extensive grounds include a 60-foot pool with a Jacuzzi, a tennis court, three ponds and more than 1,000 feet of beachfront.
Tim Davis of the Corcoran Group has the exclusive listing.