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The Observer's Townhouse Fall 2011

The Observer's Townhouse Fall 2011

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Published by Sydney F. Sarachan

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Published by: Sydney F. Sarachan on Nov 08, 2011
Copyright:Attribution Non-commercial

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07/12/2013

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Fall 2011
A SPECIAL ADVERTISING SUPPLEMENT TO THE NEW YORK OBSERVER
COVER PHOTO
149 EAST 38TH STREETLOUISE BEIT, 212.606.7703SOTHEBY’S INTERNATIONALREALTY, PAGE 5
 
Townhouses
 
In New York
 Antique Charm
 
2
 
 
townhouse
 
2
 
 
townhouse
Editors’notE
Dear readers,New York has been called the city that neversleeps. Well, in this economy,
The Observer 
isseeing people push harder than ever. Traccops are whistling at cars in the rain. Teachersare staying to work ater hours at school. Andin real estate, the deals are cutting—and ast!The townhouse market is one largely untouchedby the ebb and ow o business on Wall Street.Those brokers and buyers participating in thetownhouse real estate market know the oneactor in their business that never changes:location location location.In this issue, we examine the charm behindperiod homes, and why people who buy them seemystery instead o misery in the reurbishingprocess. We also look at mixed-use townhousesand try to understand the interesting investmentopportunities behind them. We sat down and hada chat with Adrienne Nef and Paula Del Nunzio,one a talented interior designer and the other anexperienced, top-perorming townhouse broker.And, o course, we give you
The Observer 
’s takeon the overall state o the townhouse marketwith some analysis. We hope you enjoy.
—Observer Townhouse editors
Emilia FErrara
managing Editor
StEphEn duFFy
Contributing WritEr
Sonia SamuEl
Contributing WritEr
tylEr ruSh
produCtiondirECtor
liSa mEdChill
advErtiSingproduCtion
pEtEr lEttrE
photo Editor
laurEn drapEr
art dirECtor
robyn WEiSS
aSSoCiatE publiShEr
kathErinE dESpagni
advErtiSingCoordinator
bEtty lEttErman
SEnior dirECtor,advErtiSing SalES
   D   a   v   i   D    P   a   l   e   r
Townhouse listedby Brown HarrisStevens withantique charmaccents.
 
LouisE BEit
120 East 70th strEEt
Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty
®
is a registered trademark.
EAST SIDE MANHATTAN BROKERAGE
| sothebyshomes.com/nyc
38 EAST 61ST STREET, NEW YORK, NY 10065
Louise Beit, Senior Vice President, Associate Broker | 212.606.7703
120 EAST 70TH STREET:
Superb, architecturally important neo Federal style 6 story townhouse in beautiful condition, locatedon one of the most celebrated blocks on the Upper East Side. Approximately 10,000 sq. ft., 16 rooms, 11’ ceilings, 9 bedrooms, 9baths, 3 powder rooms, staff room, 8 fireplaces, 3 terraces, elevator, garden. Offered at $27,750,000. WEB: NYO0016387

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