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From high-profile design commissions to celebrity listings from Bob Saget, Debbie Reynolds, and more, there’s plenty happening right now in the world of real estate. In this roundup, AD PRO has everything you need to know.
On the Market
Baz Luhrmann selling Gramercy Park town house for $19 million
Elvis director Baz Luhrmann has left the building: The Australian director and his wife-collaborator Catherine Martin have relisted their five-story Gramercy town house for $18,999,500, down from the $19,995,000 they originally asked for back in March. You can also rent 243 East 17th Street for a mere $75,000 a month.
Originally built in the 1850s, the six-bedroom Gilded Age gem is the only Anglo-Italianate house in the neighborhood not originally part of a row of narrow, uniform houses, according to the listing, held by Steve Gold of Corcoran.
The couple bought the house in 2017 for $13.5 million and added a new roof, kitchen, exterior decking, and an energy-efficient boiler and HVAC systems, among other updates.
They had planned on living there full-time, but the pandemic kept the couple stuck on Australia’s Gold Coast for the past two years. Now their children are approaching college age, and the property is a bit too large for the A-list empty nesters.
“We just thought, ‘This is ridiculous,’” Martin told The Wall Street Journal. “The house has been empty for nearly three years. And somebody should be enjoying it. But it’s breaking our hearts.”
The first floor features a Clive Christian–designed kitchen with top-of-the-line Sub Zero and Viking appliances and a spacious dining room with one of five fireplaces. There is also a main-floor parlor with 16-foot ceilings and a floating curved staircase and a finished basement with separate access that can serve as a home office or additional bedroom.
Luhrmann has used the top floor as his creative sanctuary, writing some of Elvis there. With its own bedroom, lounge, and bathroom, it was home to jazz saxophonist Clifford Jordan and his wife, Sandy, for decades before Luhrmann and Martin moved in.
Debbie Reynolds’s San Luis Obispo ranch hits the market for $2.85 million
A Carlton, California, ranch owned by Hollywood icon Debbie Reynolds has been listed with Ian Chandler and Jen Kennedy of Home & Ranch Sotheby’s International Realty for $2.85 million.
Built in 1991, the 44-acre compound played host to countless Hollywood parties and sing-alongs. The 7,800-square-foot seven-bedroom house includes several nods to Reynolds’s showbiz history, including a private screening room and a grand piano in the entryway used in her Vegas showroom. (The two additional outbuildings include a sound studio and recording studio.)
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The Singin’ in the Rain star had been living in Coldwater Canyon with her daughter, actor-writer Carrie Fisher, at the time of their deaths in 2016.
Reynolds’s three-bedroom estate in North Hollywood sold for $2.25 million in December 2021.
Bob Saget estate gets $770,000 price cut
After three months on the market, Bob Saget’s final Los Angeles home is getting a price reduction: Originally listed for $7.76 million in June—five months after the comedian’s sudden death—the six-bedroom, six-and-a-half-bathroom house is now available for $6.99 million.
Located in LA’s tony Brentwood neighborhood, 1016 North Bundy Drive was built in 1964 and includes a two-story living room, three-car garage, and separate guesthouse.
Following extensive renovations and redesigns, Saget bought the 6,600-plus-square-foot property for $2.9 million in 2003 and lived there until his passing.
The sale is being handled by his nephew, Adam Saget, an agent with Compass.
“Personally, I’m going to miss our family gatherings and holiday celebrations we shared together in the home,” Saget said in a statement. “So many great stories, lots of laughs and memories to cherish for years to come.”
Ken Fulk bids farewell to his San Francisco headquarters
AD100 designer Ken Fulk has listed his 14,000-square-foot San Francisco headquarters, a.k.a. “the Magic Factory,” with Compass Commercial agents Brian Leung and Jeremy Lee for $8.9 million.
Fulk built his reputation creating layered and colorful interiors in residential and commercial properties in Palm Springs, Boston, and, of course, San Francisco—including the Battery Hotel in Jackson Square and The Harrison luxury condo in Rincon Hill. His Silicon Valley client list includes Zynga founder Mark Pincus and Napster cofounder Sean Parker, whose Big Sur wedding Fulk helped plan.
The four-story structure at 310 Seventh Street “made my business what it is today,” Fulk said in a statement, telling Mansion Global, “it literally is like an appendage.” But his eponymous design and event firm simply outgrew the space.
“I look forward to witnessing the next chapter in this very special building’s history,” Fulk said.
The brick-and-timber warehouse, which dates to 1908, was originally a furniture factory and later housed Mr. S Leather Co., an S&M gear manufacturer and mainstay of the Folsom Street scene. Fulk purchased it in 2007 for just over $3 million and transformed it into a Warhol-esque design space, with a gallery and an 4,000-square-loft for throwing star-studded parties.
“This was the space I had long dreamed of,” he wrote in Mr. Ken Fulk’s Magical World. “Where I would not only house my business, but my private life, as the two had become increasingly intertwined.”
First Look
ODA plants its flag in Fort Lauderdale with city’s tallest building
Brooklyn developer Dependable Equities has unveiled the first renderings of 633 Southeast Third Avenue, its 47-story tower in downtown Fort Lauderdale.
Designed by ODA, the building will stand at nearly 530 feet tall and house 830 apartments, ranging from studios to two-bedroom units, as well as almost 13,000 square feet of retail space, over 950 parking spaces, and nearly 20,000 square feet of open space.
The structure’s design is dominated by a series of stepped tubular volumes that alternate between a sleek curved glazed façade and wraparound balconies. At night, the concave recesses of the parking level create a decorative wall of light.
“Buildings at this scale house a community of people who live, work, and play from what they consider home,” ODA founding principal and executive director Eran Chen said in a statement. “This new lifestyle is formed by a building that is shaped to be flexible, create strong connections, and allows for diverse activities.”
When completed, 633 Southeast Third Ave could be the tallest tower in Fort Lauderdale, surpassing 499-foot 100 Las Olas.
ODA and Dependable are also collaborating on another Fort Lauderdale property: Ombelle, a 43-story twin-tower luxury rental property that is a 10-minute walk from the city’s Brightline station.
Milestones
Alchemy Properties works magic on the Upper West Side
Cookfox Architects has wrapped up exterior construction at 378 West End Avenue, Alchemy Properties’ new luxury residential development on New York City’s Upper West Side.
The 18-story building combines façades from three distinct structures—an existing 1915 Palazzo-style building, the historic Collegiate Church, and a new tower to the east.
There will be 58 units—ranging from one- to six-bedroom layouts, plus a series of penthouses—and three floors of amenities, including squash and basketball courts, a 75-foot saltwater pool, and an in-house recording studio .
More than $300 million in contracts have been signed since sales launched in the spring, including one for a $26 million penthouse. Three model residences are available for viewing—one of which crosses all three parts of the development.
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One One Eight goes green in the East Village
Acacia 118 has launched One One Eight, a four-duplex property on First Street in New York City’s East Village. It was designed by Freyer Collaborative Architects as a net-zero building, with the amount of energy used each year roughly equal to the amount generated on-site.
One One Eight incorporates several eco-conscious elements, such as energy-efficient Schüco windows, interior and exterior insulation, and continuous fresh-filtered air with heat exchange.
The penthouse triplex, listed with Douglas Elliman for $5.855 million, is a three-bedroom, three-bath residence encompassing the building’s mezzanine and eighth and ninth floors. Its gourmet kitchen is outfitted with appliances from Miele, Bosch, and Bertazzoni; plus Artemis White marble countertops and European oak cabinetry from Alta Cucine.
The spacious third floor is configured as a media room but could serve as a gym or home office, per the listing, while a roof garden features a standalone kitchen with an electric BBQ range and wet bar, as well as plumbing for a lap pool or Jacuzzi.
