Thursday, January 24, 2013

Hollywood Hot Shot Barry Levinson Shakes Up East Coast Property Portfolio

BUYER: Barry Levinson
LOCATION: New York City, NY
PRICE: $5,650,000
SIZE: 3,049 square feet, 3 bedrooms, 3 bathrooms

YOUR MAMAS NOTES: Looks like Emmy and Oscar winning screenwriter, director, producer and occasional actor Barry Levinson (Rain Man, Oz, Diner, Toys, Sleepers, Good Morning, Vietnam) is in the mood to shake up his real estate portfolio, selling in Connecticut and buying in New York City.

Last September Your Mama discussed Mister Levinson's sprawling, compound in upscale and semi-rural Redding, CT that was, at the time, listed on the open market with an asking price of $12,900,000. Property records reveal that the 40-plus acre spread with it's 17-room shingled mansion was sold last December to an unknown buyer for a total of $11,850,000, slightly more than the $11,250,000 he and The Missus paid for the place in the early Aughts.

Now comes word via the New York Post that Mister and Missus Levinson have spent $5,650,000 to scoop up a classic loft condo-loft in a quintessential late 19th century cast iron building designed by highly regarded architects Theodore De Lemos and A.W. Cordes in the geographical heart of the SoHo shopping district in New York City.

Listing information shows the 3,049 square foot loft has direct access through a key-lock elevator, soaring 13-foot ceilings, over-sized 10-foot tall windows with custom fitted wood shutters, wood floors and exposed wood beams and cast iron columns.

The open-concept main living area measures more than 30 feet wide and almost 39 feet long with a gas fireplace and an all-white kitchen with commercial-style stainless steel appliances, slab counter tops of unknown but unquestionably high quality material, shimmery stainless steel back splashes, an over-sized pantry area and a bulky center work island with breakfast bar. The Ingo Maurer paper chandelier is icing on the style cake and we can only hope Mister and Missus Levinson negotiated that fine fixture into the deal. An unusually spacious and separate laundry room with slop sink completes the service areas.

The three bedrooms all open off a zig-zagging corridor behind the kitchen. The two guest/family bedrooms share a pair of hall bathrooms and the master suite is complete with three closets, a nearly 20-foot square bedroom with two east facing windows and an attached (windowless) bathroom fitted with twin sinks, soaking tub and separate shower and finished with a lot of mirrors and stone tile work.

The $4,209 per month real estate taxes and common charges help pay for the boutique-sized building's doorman services and downstairs storage room.

As far as Your Mama knows Mister and Missus Levinson's property portfolio still includes a 1,887 square foot pied-a-terre in the Westwood area of Los Angeles and a three-story creek-front residence in Annapolis, MD purchased—as far as we can tell—way back in February 2002 for $2,262,500.

exterior photo: Nicholas Strini for Property Shark
listing photos and floor plan: Citi-Habitats


nursedeb said...

in need of some color...beige...blah.
paper chandelier? in a kitchen?
wouldn't that collect grease and other nasties?

Jayne said...

Love the recycled post-it note fixture in the kitchen. I did the same thing in my home with toilet paper.

Unknown said...
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Anonymous said...

What a terrible price for a very ordinary "luxury" loft.