The five-bedroom Chelsea townhouse belonging to the late artwork gallerist Barbara Gladstone lately bought for $13.1 million, greater than $1 million above its asking value, reports the New York Post.
The historic dwelling at 344 W. twenty second St was listed for $11.99 million. In line with the New York Put up, the Nineteenth century brick Greek Revival rowhouse was bought by an unnamed purchaser in an all-cash deal which closed on August 27.
The brokers for the house, Scott Hustis and Mark Jovanovic of Compass, additionally instructed the New York Put up that the ultimate value was a report per sq. foot for a Chelsea townhouse.
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Her namesake gallery, Gladstone Gallery, presently has places in New York, Brussels, Seoul, and Rome. It has amassed a roster studded with celebrated artists, together with Matthew Barney, Alex Katz, Joan Jonas, Wangechi Mutu, Keith Haring, Robert Rauschenberg, Carrie Mae Weems, Arthur Jafa, and plenty of others.
Gladstone opened her gallery in New York in 1980, and rose to turn into one of many metropolis’s most notable sellers. She died last June in Paris after a short sickness on the age of 89.
The Chelsea townhouse was bought in 2011 for $6.3 million. It was in-built 1841. The present 4,395 sq. foot iteration of the four-story property was designed by architect Annabell Selldorf. Piet Oudolf designed the house’s backyard.
Selldorf, who additionally designed two of the three New York branches of the Gladstone Gallery, added a balcony on every of the highest three ranges of the townhouse. The house additionally featured “gallery-like” Venetian plaster partitions and white oak flooring, which helped showcase works from Gladstone’s non-public assortment.
Sotheby’s auctioned 12 pieces from that collection throughout a recent night sale in Could, which sold for a total of $18.5 million with charges. The artists in that sale included Richard Prince, Andy Warhol, Rudolf Stingel, Mike Kelley and Thomas Schütte. Notably, all of the works had been bought with out ensures, and eight of the 12 bought above excessive estimates.
The New York Put up additionally reported that one other dwelling owned by Gladstone, a Gilded Age, turn-of-the-Nineteenth-century North Fork mansion, is presently in the marketplace for $12 million.
