Yard sale: A secret purchaser purchased up a really gardened house subsequent door to billionaire Ray Dalio (proper).
NY Publish photograph composite
A secret backyard shared by simply 22 owners within the West Village is getting a brand new member to its membership.
A historic house at 188 Sullivan, subsequent door to billionaire and bestselling writer Ray Dalio — founder and co-chief funding officer of the world’s largest hedge fund, Bridgewater Associates — is now in contract.
It was final asking $7.99 million, down from its authentic ask of $8.95 million final April — and neighbors within the MacDougal-Sullivan Gardens are buzzing concerning the identification of the thriller purchaser.
The landmarked, 1850-built Greek Revival townhouse is 22½ ft broad and sports activities 5,075 sq. ft.
It has solely had two consumers within the final 100 years.
Sources informed Gimme that Dalio expressed “critical curiosity” in buying the house and doubling his funding on the block, however in the long run by no means pulled the set off.
Itemizing dealer Jeremy V. Stein, of Sotheby’s, confirms solely that the client shouldn't be somebody who already owns within the backyard (current homeowners locally have the proper of first refusal). As an alternative, he says, the long run homeowners are a “pretty” New York household.
The 22 colorfully painted row homes make up the landmarked MacDougal-Sullivan Gardens, which is stuffed with mature maple and sycamore timber, together with an English fashion hedgerow and manicured flower beds.
Previous and current residents have included artist Francesco Clemente and his spouse Alba, and John Hammond Jr., the blues musician whose father, John Hammond Sr., was an early discoverer of Billie Vacation, Aretha Franklin, Bob Dylan and Bruce Springsteen.
After Edgard Varèse, the French-born American composer, purchased No. 188 in 1923, it turned a salon attracting world class artists and musicians from the US and Europe — like artist Marcel Duchamp, jazz musician Dizzy Gillespie and his sculptor buddy Alexander Calder.
Varèse’s protégé, Chou Wen-chung — the Chinese language-born American composer, trainer and cultural ambassador — owned the house for greater than 50 years till his dying, at age 96 in 2019, having moved in shortly after Varèse died in 1965.
He saved a portrait of Varèse “scowling down from a wall,” famous his New York Occasions obit, including that the home was crammed with antiques, musical devices from all over the world and framed samples of his personal calligraphy.
The home is at present divided into residences but when restored to single-family mansion standing, the house might grow to be a five-bedroom with “doable potential for enlargement.”
Both means, it wants a “full renovation, so convey your architect,” the itemizing notes.
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