Monday, May 6, 2013

Monday Mish Mash: L.A. Reid

The property peeps at The Real Deal revealed that music industry honcho L.A. Reid has hoisted his sprawling condo-crib on New York City's posh Park Avenue on the market with a sizable $18,900,000 price tag.

The three-time Grammy winning record exec, producer and songwriter acquired 5,003 square foot, full-floor spread back in 2000 for $9.43 million.

A quick scan of the floor plan included with online marketing materials shows the apartment has an art-friendly foyer, a nearly 600 square foot corner living room with two walls  of over-sized windows, an adjoining formal dining room, and an eat-in kitchen and roomy laundry/service wing that could easily be remade into a prison cell-sized staff suite.

There are four dedicated bedrooms, each with a private attached bathroom, plus a library—also with private attached bathroom—that's quickly and easily converted to a proper bedroom. In addition to the two spacious walk-in closets in the master bedroom, the floor plan shows a separate, windowless walk-in closet/dressing room located down the hall.

Listing details indicate the four-exposure apartment is offered with a separate studio apartment (with kitchenette) located on a lower floor. Building amenities include: full-time doormen; concierge and valet services; a state-of-the-art residents only gym; a residents only dining room; private storage rooms; and private climate-controlled wine cellars. Monthly common charges and property taxes come to $14,806 per month according to listing details.

Mr. Reid also owns a substantial residence on 3.27 acres in the Hamptons, Sagaponack to be more specific. Property records she he purchased the swimming pool-, tennis court- and private pond-equipped estate in February 2006 for exactly $10,000,000.

Mr. Reid has long maintained a home in Atlanta and property records show that since 2008 he's owned a modest, 1,326 square foot townhouse residence in a gated community about 8.5 miles northwest of downtown that he picked up for $239,200.

listing photo and floor plan: Brown Harris Stevens


Rosco Mare said...

Thanks for the floor plan porn, Mama Dearest.

Beautiful unit. If feasible, I would install a door to allow direct access to the living room from the entry gallery to reduce wear and tear in the dining room. I would also, if structurally possible, install double pocket doors, or at least an opening, between the living room and library to expand entertaining space if necessary. The last bedroom that appears to be in the master suite area looks like it would make a quiet home office, or maybe a movie room. The cosets in the two bedrooms next to the library look under-sized for such an expensive residence. I really know nothing about living in NYC which is why our Mama Dearest's informative coverage of NYC living situations are so interesting to read.

The dining room looks elegant with the chairs that give a contemporary nod to high-end mid century moderm day-core. The chandelier is unique - would like to see it illuminated.

Sandpiper said...

First thought this was Lou Reed, but he'd buy a Schnabel.

Wow. No secret I love a spacious well-sight-lined gallery with room for art and a few Louie -- pick the roman numerals -- sideboards.

And woo-hoo, a discreet service entry. Even if their lifestyle doesn't need it, damn cool.

Such a prime situation for entertaining, right down to soliciting a guest's cocktail wish, vanishing to pour in kitchen and mysteriously reappearing with it on a silver tray. So old school. Love it.

No room for staff sleep overs, but likely accommodated below, or using it for in-laws or grown-up kids that won't leave home; something many white glove building can't provide. Regardless, nice for keeping family business to family.

But, the WIC/dressing room 18+ feet from master confounds and prompts me to get out my crayons to redraft -- the entire building.

Anonymous said...

I would love to see more photos of this Mama. It is so drool worthy. Truly (design) taste meets pedigree (of the building).

photoshoptuts said...
This comment has been removed by a blog administrator.
Anonymous said...

I count three exposures, Mama. Only the higher floors have 4.

Anonymous said...

A bedroom that is only accessible by walking through a bathroom? Did I see that right?