Friday, February 13, 2009

Friday Floor Plan Porn


SELLER: Marshall and Maureen Cogan
LOCATION: Fifth Avenue, New York, NY
PRICE: $25,500,000
SIZE: Big. 2 bedrooms, 4.5 bathrooms
DESCRIPTION: ...Glorious vistas are enjoyed in the sprawling living room as well as the corner library which also features a southern exposure with views down Fifth Avenue; both have wbfpl's. The 17.9 x 15.5 foot formal dining room offer true elegance for entertaining. The private rooms are beautifully designed for privacy and repose...

YOUR MAMAS NOTES: We thought we would start the morning and end the week with a little New York City floor plan porn for the children to swoon and salivate over. A few months ago, septuagenarian financier and bizness bigwig Marshall Cogan foisted his two bedroom Fifth Avenue co-operative apartment on the market with a fair amount of fanfare and a knee buckling asking price of $40,000,000. No puppies, that is not one of Your Mama's typical typos...that's forty million clams for a two bedroom apartment.

The listing soon disappeared but recently popped back up with a much reduced but still staggering asking price of $25,500,000. Although it appears to have been around 1994, unfortunately we do not know when exactly when Mister and Missus Cogan purchased the 6th floor apartment, nor do we have any idea what the couple paid for the place. None the less, it's probably safe to assume it was far, far less than the current asking price.

Listing information reveals that the colossal Cogan crib contains just two bedrooms and 3.5 bathrooms plus an additional staff bedroom and bathroom tucked into the northeast corner of the unit. And what bedrooms they are, children. The good-sized guest room includes its own marble private pooper and the vast master suite is composed of a small foyer leading to a large bedroom, two separate and custom designed dressing rooms lined with built in closets and cabinetry and two roomy marble and onyx bathrooms, one of which includes the all important bidet for the modern art luvin' Missus Cogan.

A peep and perusal of the floor plan shows the public rooms include a private elevator landing opening to a central foyer which acts as a central traffic hub for the entire apartment. A small but windowed powder room is well located off the foyer and down a short hallway for privacy and aeration. The living room and corner library, each with a wood burning fireplace, together stretch a full 45 feet and have three gigantic windows over looking Central Park and fourth windowin the Anigre wood paneled library that looks south down the bizzy lanes of Fifth Avenue.

A decent sized dining room is separated from the all white kitchen by a big butler's pantry and a closet lined hallway leads from the kitchen to a small office, laundry room and the staff suite. A back entrance into one of the dressing rooms in the master bedroom is also located off the back hallway which allows for the house gurl to draw a hot bath in the morning without disturbing the slumbering ladee (or gent) of the house.

Other dee-luxe amenities, according to listing information, include through wall air conditioning, an humidification system, remote operated blinds and an ultra violet air cleaning system which sounds pretty damn fancy to Your Mama.

As we often do when discussing high priced Upper East Side aeries, Your Mama requested a quick consult with the The Social Butterfly who told us she thinks–but isn't positive–the Cogan's dignified sprawler was all done up by interior decorator Jed Johnson. It would certainly make sense. While the day-core may not be particularly thrilling, it is none the less perfectly "correct" in the manner of the late Jed Johnson. Plus, Mister and Missus Cogan's former house on Pond Lane in Southampton was definitely did pretty by J.J. and appeared in all its glory on the glossy pages of Architectural Digest in June of 1997.

Now go grab a soda babies because Your Mama is gonna digress in order to provide a brief run down for all those folks not familiar with Mister Johnson's rather fascinating biography. A young Mister Johnson and his twin brother Jay moved to New York City in 1967 and were quickly swept up into the wacky and wonderful world of Andy Warhol. Mister Johnson started out as the floor sweeping boy at Warhol's famed Factory and later directed Warhol's film Bad as well as edited several other of Warhol's marvelously tacky movies. Some say J.J. and Warhol were boyfriends–they did, after all, reportedly live together for a dozen years–but it's just so hard for us to imagine the twitchy and bewigged artist being romantic let alone doing the dirty with anyone. Anyhoo, whatever the case, Mister Johnson began his gilded career doing up the day-core at Warhol's East 66th Street townhouse–currently owned by Hollywood honcho Tom Freston–and went on to work his stuff for other big name and deep-pocketed folks like Mick Jagger and publishing magnate Peter Brant and his then wife Sandy (who, incidentally, are the people who bought Warhol's Interview magazine after his death).

Mister Johnson's wild ride through New York City's hedonistic and glamorous intersection of Art and Money met its untimely end when he had the great misfortune of being a passenger on the doomed TWA Flight 800 that went down off the coast of Long Island in 1996. However, his legacy carries on through his eponymous design firm Jed Johnson Associates which is run by his brother Jay and design director Arthur Dunnam. Mister Dunnam was schooled in the office of the late and great decorator Billy Baldwin whose somewhat florid yet superbly restrained work still inspires the next generations of pillow fluffers and furniture fixers, so it goes without saying that he knows how to do the day-core like nobody's bizness.

Although The Social Butterfly says that 810 Fifth Avenue is a "good" building with just one reasonably large apartment per floor, it is not as "fabulous" as 834 Fifth, 4 E. 66th Street, 2 E. 67th Street or 820 Fifth which she claims offers just one (approx.) 9,000 square foot behemoth per floor. None the less, the residents of 810 include some very well established folks like financier Felix Rohatyn, swank socialite Jan Cowles and banking baron William von Mueffling of Lazard Frere to name just a few. Former residents include William Randolph Hearst Jr., shamed U.S. president Richard Nixon, Nelson Rockefeller (and a couple of his wives), and billionaire David Geffen who picked up the duplex penthouse in early 2006 for $31,500,000, never moved in and then flipped it at a substantial profit to Blackstone Group's Pete Peterson in mid-2007 for $37,500,000. So, while The Social Butterfly may say it's not a top tier building–and it very well may not be in the heavily nuanced, seriously competitive and notoriously persnickety world of Upper East Side co-operative real estate–but, you know, it's not exactly filled with high society rejects either.

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