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But Who's Getting the LISTING?

Started by needsadvice
almost 15 years ago
Posts: 607
Member since: Jul 2010
Discussion about
I think all the big brokers just wet themselves, after they got this news; http://news.yahoo.com/s/atlantic/20110524/ts_atlantic/fatehuguetteclarksfortune38100 "The intensely reclusive copper heiress Huguette Clark died Tuesday at the age of 104. Now, the fate of her estimated $500,000,000 fortune she inherited from her copper mining magnate father, W.A. Clark will have to be determined. After her mother Anna died in 1963, she cut herself off from the world, shutting herself into the family's massive apartments at 907 Fifth Avenue, in New York. The family owns the entire eighth floor and half of the twelfth--42 rooms in all." This should be a fun one to watch.
Response by needsadvice
almost 15 years ago
Posts: 607
Member since: Jul 2010

Just in contract, same building.

http://streeteasy.com/nyc/sale/497492-coop-907-fifth-avenue-lenox-hill-new-york

Hate the wallpaper. . .

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Response by NWT
almost 15 years ago
Posts: 6643
Member since: Sep 2008

It might be all of the 12th and half of the 8th, or all of both. They wouldn't be sold together, so doesn't matter.

When 907 went up, one of the Standard Oil Pratts took the whole 12th floor of 28 rooms, and Huguette's mother took it over in 1925. That's per 1920's articles in the NYT.

When the building was gradually split up into smaller apartments in the 1950's, the 8th and 12th floors were the only ones to remain two-per-floor, per the Certificates of Occupancy, but those often don't reflect combos. The 1916 CoO doesn't show apartment counts.

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Response by Apt_Boy
almost 15 years ago
Posts: 675
Member since: Apr 2008

I nominate Ali G., she will be happy to stop by and provide her opinion, for a consulting fee, of course

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Response by nyc10023
almost 15 years ago
Posts: 7614
Member since: Nov 2008

Potential buyers have been circling the apt for years (based on press). I don't even think a selling broker is really needed here.

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Response by nyc10023
almost 15 years ago
Posts: 7614
Member since: Nov 2008
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Response by kylewest
almost 15 years ago
Posts: 4455
Member since: Aug 2007

I read today in the Times about the late Ms. Clark. What does it mean exactly that she had been "living in hospitals"? How do you "live" in a hospital? Did they build her a suite of rooms? Can you imagine what it costs to reside in a hospital for years as a centurion if a one-day out-patient visit for a hernia repair costs $10,000?

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Response by matsonjones
almost 15 years ago
Posts: 1183
Member since: Feb 2007

$1.00, Bob.

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Response by alanhart
almost 15 years ago
Posts: 12397
Member since: Feb 2007

She lived for many years in Doctors Hospital in Yorkville, which was actually pretty cheap because they didn't do anything, and especially for anyone. Then when they finally went belly-up she moved to New York Hospital. I'm pretty sure we're talking about a fairly standard (but private!) hospital room and bed.

She lived the high life.

Her name, "Huge-ette", reminds me of hippos in tutus.

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Response by alanhart
almost 15 years ago
Posts: 12397
Member since: Feb 2007

Floorplan: I can't find the terraces ... ?

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Response by ph41
almost 15 years ago
Posts: 3390
Member since: Feb 2008

Beth Israel uptown had one of the quickest emergency rooms around - almost no waiting. And the views from some of the rooms were great (My mother was there a number of years ag0. Guess it was pretty far off the grid. Don't know if it went "belly up". I thought that the operators realized it was a valuable piece of real estate and sold it, along with a couple of other buildings. Now it's a pretty high priced condo.

Can't imagine why she chose the downtown Beth Israel - it's a pit.

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Response by alanhart
almost 15 years ago
Posts: 12397
Member since: Feb 2007

Oh, my (as the kids used to say in the 90s) bad: she moved to Beth Israel, as ph41 says, and not New York Hospital. But I'm sure she didn't "choose" that ... she chose Doctors Hospital, which was acquired by Beth Israel, and then they downsized it away so that its staff, operations, and at least one patient were moved to their main location. She was about 175 years old at that point, and if she wasn't crazy on her way in, we can well assume she was by then.

Would anyone in the SE public care to diagnose her?

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Response by Apt_Boy
almost 15 years ago
Posts: 675
Member since: Apr 2008

she actually had an entire 'wing' that was private and whose exact location was not known to many...she had Avoidant Personality Disorder

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Response by dwell
almost 15 years ago
Posts: 2341
Member since: Jul 2008

Wasn't it called 'Doctor's Hospital'? I hear they used to give a wine list to patients. It wuz a class joint.

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Response by apt23
almost 15 years ago
Posts: 2041
Member since: Jul 2009

Needs: that is a serious haircut on that 907 listing that just went into contract. i thought the high end of the market was doing well. Apt 9b must be quaking about their outsized, aspirational pricing in light of the newly contracted apt.

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Response by kylewest
almost 15 years ago
Posts: 4455
Member since: Aug 2007

I was born at Doctors Hospital. I think it was originally called French Hospital in the 40's.

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Response by kylewest
almost 15 years ago
Posts: 4455
Member since: Aug 2007

Nope. Wrong. French was another one.

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Response by needsadvice
almost 15 years ago
Posts: 607
Member since: Jul 2010

@Apt23; You're right, I didn't even notice! I was too busy drooling over all the tray ceilings. Good catch! Here's the price chops:

02/20/2010 Listed by Corcoran at $18,500,000.
04/27/2010 Price decreased by 11% to $16,500,000.
08/09/2010 Price decreased by 12% to $14,500,000.
01/23/2010 Listing is no longer available.
03/14/2011 Re-listed by Corcoran.
03/14/2011 Price decreased by 19% to $11,750,000.
04/07/2011 Listing entered contract.

I have been saying (for a while) NYC is a bit "over recovered" since the 2008 debacle. The bounce back was too strong and too fast. There will be softness in this market until August of this year (graph line going down). Then it will start to trickle back up (graph line going up). We will be back at the Feb, Mar, Apr 2011 prices in May, June 2012.

So, Julie can finally buy her new place in August. Hopefully, she'll stretch a little and get a 1 bed condo, and use it as a rental property when she gets married and Handsome Prince takes her away from all this.

That's my story, and I'm sticking to it.

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Response by alanhart
almost 15 years ago
Posts: 12397
Member since: Feb 2007

correction:
down
down
down
down

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Response by lucillebluth
almost 15 years ago
Posts: 2631
Member since: May 2010

ALAN!
is ar 5'4ish with shoulder length blonde hair she wears in a ponytail, with hippie earrings and a white dog that looks like a giant poodle, and was she in nj today? and is she as bossy in real life?

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Response by aboutready
almost 15 years ago
Posts: 16354
Member since: Oct 2007

too short, too blond, too adorned, dog too white and too big.

just as bossy, maybe. i could see you rubbing someone the wrong way.

in NJ? no f'ng way.

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Response by ph41
almost 15 years ago
Posts: 3390
Member since: Feb 2008

Lucille - way off

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Response by broadbent
almost 15 years ago
Posts: 123
Member since: Sep 2007

A penthouse on our building which was listed at 4,925m, on the market for one week, went into a bidding war and is in contract for 4,999. all cash. So there alanhart.

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Response by lucillebluth
almost 15 years ago
Posts: 2631
Member since: May 2010

" could see you rubbing someone the wrong way."

i can see that, too, but that wasn't the case.

"in NJ? no f'ng way."

aawww, nj weeps. taste our collective sad

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Response by alanhart
almost 15 years ago
Posts: 12397
Member since: Feb 2007

Yes, you can instigate a bidding war by underpricing in any market, broadbent.

Lucille, AR is anything you want her to be. She's very accommodating, kind of a ladies' tea hostess type.

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Response by aboutready
almost 15 years ago
Posts: 16354
Member since: Oct 2007

well, i draw the line at certain things, like being short and in NJ.

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Response by broadbent
almost 15 years ago
Posts: 123
Member since: Sep 2007

"Yes, you can instigate a bidding war by underpricing in any market, broadbent."

@alanhart - This apartment was properly priced and by no means underpriced for a 2 bedroom PH. You're wrong here. Our neighborhood and building is rebounding very well according to the sales figures.

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Response by lucillebluth
almost 15 years ago
Posts: 2631
Member since: May 2010

but not living in......oh, nevermind. that poor horse just wants to be left alone.

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Response by aboutready
almost 15 years ago
Posts: 16354
Member since: Oct 2007

that horse has already been shot. living in .... has the distinct advantage of having easy access to everywhere we need and like, and being both nice and cheap to boot. NJ, cheap maybe or maybe not, easy access to everywhere we need and like, not so much. but whatever makes you happy, lucille.

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Response by lucillebluth
almost 15 years ago
Posts: 2631
Member since: May 2010

thanks, that's big of you. but maybe the knowledge that obnoxious bossy women remind people of you should give you pause. until we meet again.

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Response by aboutready
almost 15 years ago
Posts: 16354
Member since: Oct 2007

you're showing your hostility lucille. but you were with your initial comments as well, very thinly disguised as wit.

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Response by lucillebluth
almost 15 years ago
Posts: 2631
Member since: May 2010

don't know what that means. i really did get cornered by some broad who graciously informed me everything i was doing wrong with my dog and children. then inexcplicably threatened to bring the law into it. that's what threw me off, i guess

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Response by columbiacounty
almost 15 years ago
Posts: 12708
Member since: Jan 2009

and you still don't think this is hfscomm1?

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Response by aboutready
almost 15 years ago
Posts: 16354
Member since: Oct 2007

goodnight lucille

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Response by lucillebluth
almost 15 years ago
Posts: 2631
Member since: May 2010

you idiot, a long time poster may have very well just been exposed. gawd you suck.

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Response by lucillebluth
almost 15 years ago
Posts: 2631
Member since: May 2010

1 minute ago
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goodnight lucille

come on mom, you never let me have any fun. just 5 more minutes?

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Response by harlembuyer
almost 15 years ago
Posts: 176
Member since: Dec 2010

No one is getting the listing. This estate will be in the courts for decades.

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Response by bramstar
almost 15 years ago
Posts: 1909
Member since: May 2008

>>No one is getting the listing. This estate will be in the courts for decades.<<

Bingo!

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Response by alanhart
almost 15 years ago
Posts: 12397
Member since: Feb 2007

That's ridiculous. Huge-ette left her entire estate to an illegal frummy settlement in the West Bank. She wanted to.

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Response by alanhart
almost 15 years ago
Posts: 12397
Member since: Feb 2007

Or to Leona Helmsley's dog if it is predeceased by the illegal frummy settlement in the West Bank. She wanted to.

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Response by dwell
almost 15 years ago
Posts: 2341
Member since: Jul 2008

IMO, one of the best portrayals of a sleazy lawyer who has an heiress client, Henrietta Lowell:

http://www.youtube.com/user/tlcarpenter1#p/c/033B0E4679D7A083/5/eQ6V7gTJS1M

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Response by dwell
almost 15 years ago
Posts: 2341
Member since: Jul 2008

@ 5:30 is the best lesson in economics lesson I've ever heard:

http://www.youtube.com/user/tlcarpenter1#p/c/033B0E4679D7A083/0/udUyUQvu5w4

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