Latest news with #Beaux-Arts
Fashion Network
28-05-2025
- Business
- Fashion Network
Luxe British jeweller Jessica McCormack opens Madison Avenue store
By Nigel TAYLOR In response to an ever-growing American clientele, London-based diamond jeweller Jessica McCormack has opened a standalone store on Madison Avenue, New York, adding to its statement flagship stores in London's Mayfair and Sloane Street, Knightsbridge. Set across 3,200 sq ft over two floors of the historic Beaux-Arts building, the boutique showcases the full range of McCormack's pieces, from everyday diamond Gypset drops to the new 'Exceptional Stones' collection featuring pieces like a 20ct Oval cut diamond pendant set into her signature Torque Necklace. Working closely with restoration architects Johnston Cave and the city's Society of Guilders to conserve the original features of the building, McCormack "has reinterpreted the interior to reflect the company's distinctive look… a beautifully eclectic mix of antique and contemporary furniture, bespoke, blue-velvet lined vitrines, upholstered elements in custom fabrics, and a multi-disciplinary art collection'. The boutique will be supported by a dedicated local workshop and, in addition, seasoned Jessica McCormack staff from the UK have been training local artisans in the brand's antique-inspired techniques for the last year. The brand's founder and creative director added: 'We have seen such enthusiasm and interest from our US clients, so it feels great to finally have a space for them to visit us, closer to home. I have always loved Manhattan and to be opening on one of its most iconic shopping streets is the perfect opportunity to reach more people, while welcoming old and new clients.'
Fashion Network
28-05-2025
- Business
- Fashion Network
Luxe British jeweller Jessica McCormack opens Madison Avenue store
By Nigel TAYLOR In response to an ever-growing American clientele, London-based diamond jeweller Jessica McCormack has opened a standalone store on Madison Avenue, New York, adding to its statement flagship stores in London's Mayfair and Sloane Street, Knightsbridge. Set across 3,200 sq ft over two floors of the historic Beaux-Arts building, the boutique showcases the full range of McCormack's pieces, from everyday diamond Gypset drops to the new 'Exceptional Stones' collection featuring pieces like a 20ct Oval cut diamond pendant set into her signature Torque Necklace. Working closely with restoration architects Johnston Cave and the city's Society of Guilders to conserve the original features of the building, McCormack "has reinterpreted the interior to reflect the company's distinctive look… a beautifully eclectic mix of antique and contemporary furniture, bespoke, blue-velvet lined vitrines, upholstered elements in custom fabrics, and a multi-disciplinary art collection'. The boutique will be supported by a dedicated local workshop and, in addition, seasoned Jessica McCormack staff from the UK have been training local artisans in the brand's antique-inspired techniques for the last year. The brand's founder and creative director added: 'We have seen such enthusiasm and interest from our US clients, so it feels great to finally have a space for them to visit us, closer to home. I have always loved Manhattan and to be opening on one of its most iconic shopping streets is the perfect opportunity to reach more people, while welcoming old and new clients.'
New York Post
27-05-2025
- Business
- New York Post
Stanford White's 973 Fifth Ave. has sold for $46M
One of the few remaining single-family mansions designed by legendary Gilded Age architect Stanford White has just found a new owner — at a steep discount from its original list price. The limestone townhouse at 973 Fifth Ave., overlooking Central Park, has sold for $46 million after years of price cuts and market stops, according to city records filed last week. The 16,000-square-foot Beaux-Arts residence — built in the early 1900s and restored with painstaking attention to detail — was most recently listed for $49.9 million. Advertisement At its peak, it sought as much as $80 million when it first came to market in 2021. 13 After years on and off the market and $30 million in price cuts, one of New York City's last remaining single-family townhouses by Gilded Age architect Stanford White has sold for $46 million. Will Ellis/DDReps for Corcoran 13 Located at 973 Fifth Ave., the mansion occupies 16,000 square feet. Will Ellis/DDReps for Corcoran Advertisement The buyer, operating under the limited liability company 'Bliss on 5th LLC,' officially closed on the property on May 21. The new owner could not immediately be further identified by press time. The seller, an entity tied to former Goldman Sachs partner David Leuschen, purchased the mansion in 2012 for $42 million. In the years since, the owner invested heavily in a full-scale renovation aimed at preserving the home's architectural integrity while integrating modern luxuries. 'Everything was fully either restored or put in brand new,' Corcoran's Andres Perea-Garzon, who co-listed the property with Carrie Chiang and Lesley Schulhof, previously told The Post. 'It's an homage to Stanford White.' 13 The six-story limestone mansion once asked $80 million and finally entered contract in February before closing May 21, per city records. Will Ellis/DDReps for Corcoran Advertisement 13 The buyer is listed as 'Bliss on 5th LLC.' Will Ellis/DDReps for Corcoran 13 The previous owner, an LLC tied to former Goldman Sachs partner David Leuschen, purchased the property for $42 million in 2012 and invested millions more into a meticulous restoration. Will Ellis/DDReps for Corcoran The six-story home is one of just two remaining townhouses in Manhattan that remain true to White's original single-family design. White — whose architectural credits include the Washington Square Arch and the Players Club — was one-third of the famed firm McKim, Mead & White. Most of his residential works have long been repurposed into institutional or commercial uses. Advertisement '973 Fifth Avenue is not just an address — it's a statement of timeless elegance and ambition,' Chiang previously said in a statement. 13 The mansion features nine woodburning fireplaces, stained-glass windows, and amenities such as a rooftop terrace, wine cellar, steam room and vaults. Will Ellis/DDReps for Corcoran 13 Built directly across from Central Park, the Beaux-Arts home is one of only two Manhattan townhouses still intact as White originally designed, making it a rare architectural survivor. Will Ellis/DDReps for Corcoran 13 While its historic craftsmanship remains, the home has modern upgrades including five kitchens, a new elevator and advanced air systems. Will Ellis/DDReps for Corcoran 'Every corner, every detail tells a story of unparalleled luxury, where history and modernity intertwine. It creates an unforgettable experience for those who are fortunate enough to call it home.' Indeed, the mansion combines Old World grandeur with 21st-century comforts. Among its period features: nine woodburning fireplaces, elaborately carved woodwork, stained-glass windows and soaring ceilings. 13 Architect Stanford White. Bettmann Archive Advertisement 13 A second level hallway. Will Ellis/DDReps for Corcoran 13 The rooftop terrace overlooks Central Park and Manhattan skyline. Will Ellis/DDReps for Corcoran Updates include five kitchens, a new elevator, a rooftop terrace with sweeping city views, a steam room finished in Venetian plaster, a silver vault and a climate-controlled wine cellar. Though much of the architectural flair has been preserved, some original details have evolved. Advertisement 'Some of the interiors may have been Stanford White,' the architect's great-grandson, architect Samuel White, previously told The Post. 'But I suspect that the owners over the years have changed the interiors around.' 13 The property features 11 bedrooms. Will Ellis/DDReps for Corcoran 13 A second bedroom. Will Ellis/DDReps for Corcoran White's legacy is not without controversy. Advertisement In 1906, the architect was fatally shot by millionaire Harry Kendall Thaw in a dramatic, high-profile murder atop the original Madison Square Garden, which White designed. The killing, motivated by Thaw's jealousy over White's relationship with the showgirl Evelyn Nesbit, remains one of New York's most sensational scandals. The sale of 973 Fifth may not have shattered records, but its historical significance and architectural pedigree still made it a coveted gem in a crowded market. As Perea-Garzon put it: 'This is unbelievably rare.'
Bloomberg
13-05-2025
- Bloomberg
Nervous About Trump, NYC's Rich Parents Are Being Lured by Elite UK Schools
On a cool evening in early May, emissaries for 11 of Europe's finest prep schools mingled with the Upper East Side set at the Pratt Mansions, a classic, Beaux-Arts edifice erected across the street from Central Park. Officials from Milton Abbey School were there and Benenden School and Westminster School. For two hours, they pitched New York's well-heeled parents on the benefits of sending their teens across the Atlantic to study: morning rows on the Thames, breakfast in a Hogwarts-like dining hall, ski trips in the Alps — all for just a bit more than the roughly $70,000 they'd pay for private schooling in Manhattan.
New York Post
12-05-2025
- Entertainment
- New York Post
NYC penthouse of the 'Queen of Versailles' slashed to $11.9M
The Queen of Versailles' Tribeca penthouse duplex is now on the market for $11.95 million, asking almost half its $19.5 million price in January 2024. Jackie Siegel, 59, and her late husband David Siegel bought the home at 49 Chambers St. for $8.7 million in 2023 — and then listed it for $19.5 million the following year. 'It is a spectacular apartment, but it was an unrealistic price that didn't make sense. You can't overprice in this market,' said current listing broker Thomas Hochfelder, of Douglas Elliman. 9 Jackie Siegel. Getty Images 9 The open eat-in kitchen comes with an extra-long breakfast bar. Rich Caplan 9 A cozy lounge area for entertaining. Rich Caplan The Siegels gained international attention with the construction of their 90,000-square-foot Orlando, Fla., home, known as Versailles. Construction began 21 years ago. It was chronicled in the 2012 award-winning documentary 'The Queen of Versailles,' which is slated to be a Broadway play starring Kristin Chenoweth. That home is still slated to be the country's largest when it is finally completed — but construction was stymied over the years by economic troubles and natural disasters. It is estimated to be worth around $100 million when finished. In April, David, the billionaire founder of Westgate Resorts — the world's largest privately owned timeshare company — died before they could call Versailles home. He was 89 years old. Days later, Jackie's sister Jessica Mallery died of an overdose after taking cocaine laced with fentanyl. She was 43 years old. 9 Jackie Siegel and the late David Siegel. Getty Images for Victoria's Voice Foundation 9 Outside regal 49 Chambers St. Rich Caplan In interviews, Jackie has said she will use Versailles to hold charity events, 'give back' and raise awareness about drug addiction. It's the best way, she said in interviews, to cope with the pain of loss. Jackie and her late husband also lost their 18-year-old daughter Victoria to an overdose in 2015, which spurred Jackie to launch Victoria's Voice Foundation. In Tribeca, the three-bedroom, three-bathroom, two-powder room home is 3,924 square feet and comes with great outdoor space. It's the crown jewel of a landmarked, turn-of-the-century Beaux-Arts building. The home opens to a foyer that leads to a great room with living and dining areas that showcase city skyline views. 9 Exquisite views from the abode's terrace. Rich Caplan 9 The residence's elegant open dining area. Rich Caplan The city views continue in the main bedroom suite, which also boasts custom walk-ins and a spa-like marble bath with radiant floors. There are also two additional bedrooms and a home office and laundry room. Design details include custom herringbone floors and high ceilings. An open chef's kitchen — 'with a 20-foot-long marble countertop,' Hochfelder noted — features a sculptural marble staircase that leads to an 850-square-foot landscaped terrace with a summer kitchen, lights and speakers, along with an interior service bar and powder room. 9 One of the home's lovely three bedrooms. Rich Caplan 9 The loving Siegel couple once upon a time. queenofversailles/Instagram The home is primed for entertaining, Jackie told Gimme when the home first hit the market — including hosting events for Victoria's Voice. The limestone and granite building, once the Emigrant Industrial Savings Bank, dates to the early 1900s. It was added to the National Historic Registry in 1982 — and converted to condos in 2013. The building's original 'grand banking hall' is now an immersive art space, Hall des Lumières, which hosts art exhibitions with music, plus yoga classes. Building amenities for residents include a landscaped rooftop park with sun decks, indoor/outdoor kitchens, a 50-foot lap pool and a gym.
