Vito energy: Some acquire artwork -- Schnabel (left) collects artwork galleries.
Annie Wermiel/NY Submit; Donna Dotan of DDReps
Vito Schnabel, the jet-setting son of artist Julian Schnabel, simply purchased his second New York artwork gallery for $9.2 million this week.
He had been renting the house for the previous 12 months at 455 W. nineteenth St., a condominium constructed on the location of the previous Robert Rauschenberg Basis. (Schnabel additionally owns galleries in St. Moritz, Switzerland and Santa Monica, Calif.)
“It’s an unimaginable house with wonderful mild. The artists adore it and embrace it as effectively,” Schnabel mentioned. “Chelsea has at all times been a particular neighborhood for me, and I’m pleased to be part of its material.”
We final reported on Schnabel in early 2020 when he plunked down $2.85 million for an 11,000-square-foot, Richard Meier-designed trendy dwelling in Outdated Westbury, Lengthy Island.
The gallery is on the Abi Chelsea, a brand new building, 10-unit boutique condominium designed by Lebanon’s Raëd Abillama Architects in 2019.
Final October, a penthouse within the constructing offered for $20 million, down from its $25 million ask in 2019. (The itemizing brokers have been Douglas Elliman’s Lisa Simonsen and Charles McDonald.)
There’s presently just one unit in the marketplace: a three-bedroom, 3½-bath, 2,650-square-foot unit asking $10.99 million.
The itemizing dealer is Joshua Wesoky of Compass.
Constructing facilities embrace chilly storage and a standard roof deck with panoramic views.
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