Developers B+B Capital and Mink Development, in partnership with Aurelian Development, have bought the townhouse that once belonged to fashion designer and heiress Gloria Vanderbilt.
The group paid $19 million for 39 East 72nd Street, which has been owned by the Mangold family since the 1960s.
Ilan Bracha, co-founder of B+B Capital, said the group plans to restore the building’s façade and “re-imagine the interiors.ˮ
SHARK TANK star Barbara Corcoran is joining luxury real estate auction firm, Concierge Auctions, as a strategic advisor.
Corcoran, one of the most successful entrepreneurs in the country, as well as an author, speaker and television personality, will work with the firm’s management team to help grow the brand.
“I partner with businesses based not only on their product or service, but much more importantly — their people. The Concierge Auctions team is special,” said Corcoran.
“And Concierge is filling a void in the highest end of the market as the smart way to buy and sell the world’s finest properties. I am bursting with ideas on how to push their rapid growth.”
The luxury firm serves high-net-worth individuals worldwide and produced $194 million in sales last year.
In 1973, Corcoran co-founded The Corcoran Group and built the business from a $1,000 startup to a $66 million powerhouse she sold to NRT Incorporated in 2001.
As one of the Sharks on ABC’s Shark Tank, she has invested her own money in over 20 businesses.
Esther Muller has lined up a Who’s Who of real estate for her Academy for Continuing Education three-day Spring Conference May 12, 16 and 19.
Howard Lorber, chairman of Douglas Elliman, Tom Postilio and Mickey Conlon, stars of HGTV’s Selling New York, Jim Gricar, president of Halstead Property, and Steve Malone, president of the Horse & Carriage Association of NYC, are just a few of this year’s presenters.
Attendance at the event qualifies for 22.5 hours of DOS-approved credit to renew your license, including the required three credit hours of Fair Housing and Human Rights presented by Jerry Feeney.
The conference takes place at the New York Athletic Club, 180 Central Park South. To register, call Edreana at 212-262-2662, email Edreana@RealEstateAcademy.com or go to www.RealEstateAcademy.com
Fashion designer Derek Lam and his partner Jan-Hendrik Schlottmann have sold their Soho loft for $5.25 million.
The two put the condo on the market back in February for $6 million, after purchasing the pad for $4.65 million in 2011.
The three-bedroom, three-bath unit #5 has more than 2,000 s/f, a gas fireplace and washer and dryer.