Remembering Frank Stella

As you may have read, Frank Stella, the renowned painter, sculptor and printmaker, died on Saturday at the age of 87. 

Many tributes have been paid to Stella, whom CBS News called "a towering figure in post-war American art." 

Per NPR: "One of the most influential American artists of his time, Stella was a pioneer of the minimalist movement of the early 1960s. During that time, painters and sculptors challenged the idea that art was meant to be representative and used their medium as their message." 

Other selected tributes include Artforum ... and The New Yorker.

From 1978 to 2005, 128 E. 13th St. between Third Avenue and Fourth Avenue served as Stella's studio, where he reportedly created many of his most renowned works. 

In November 2021, Village Preservation unveiled a plaque on the space in a virtual ceremony with Stella and Whitney Museum Director Adam Weinberg.

The building, erected in 1903, is believed to be the last surviving horse and carriage auction mart in NYC. In 2006, Village Preservation helped prevent it from becoming a seven-level condo.

The Peridance Center now leases a dance studio here.

Report: Landmarked East 13th Street building sells for $21.5 million

Back in August, 126-128 E. 13th St between Third Avenue and Fourth Avenue and an adjacent property on East 12th Street arrived on the sales market.

And now, The Real Deal reports the property has a new owner: Investor Arthur Minerof's Milan Associates picked up the two buildings for $21.5 million, or $1,670 per square foot.

The dance studio Peridance has a lease through 2028 (with a 5-year option after that) while the 12th Street side houses the Alliance Brazilian Jiu-Jitsu martial arts studio.

Per The Real Deal: "Minerof ... is planning a long-term hold of the properties."

As for 126-128 E. 13th St. (as we've cut-and-pasted before), this is believed to be the last surviving horse and carriage auction mart building in New York City, according to the Greenwich Village Society for Historic Preservation (GVSHP), who helped keep the structure from becoming a seven-story condo back in 2006.

In addition, the building served as the studio of artist Frank Stella, and during World War II was an assembly-line training center for women. (Read more about the building's history at the GVSHP website here.)

In May 2012, the NYC Landmarks Preservation Commission voted unanimously to landmark the building. Several months before this vote, a State Supreme Court judge ordered the sale of the property after the condo developers lost a foreclosure suit, according to The Real Deal.

Image via Cushman & Wakefield

Historic carriage house on East 13th Street hits the market for $18 million

First, let's check out the Cushman & Wakefield listing for the building at 126-128 E. 13th St between Third Avenue and Fourth Avenue:

A NNN leased three level, Beaux-Arts style, loft building located on the south side of East 13th Street between 3rd and 4th Avenues. The space is leased to Peridance, a dance studio, until March 2028 with a 5 year option. The rent will increase to $623,673 per year in March 2016 and then have 3% annual increases thereafter. The tenant is responsible for all operating expenses and repairs for the property. The rent of only $40/RSF, is half of market value providing tremendous future upside. The lease is guaranteed by Capezio Ballet Makers Inc.

The asking price is $18 million. In addition, the same seller is offering the adjacent property to the south, 123 E. 12th St., for $8.5 million.

As for 126-128 E. 13th St., this is believed to be the last surviving horse and carriage auction mart building in New York City, according to the Greenwich Village Society for Historic Preservation (GVSHP), who helped keep the structure from becoming a seven-story condo back in 2006.

In addition, the building served as the studio of artist Frank Stella, and during World War II was an assembly-line training center for women. (Read more about the building's history at the GVSHP website here.)

In May 2012, the NYC Landmarks Preservation Commission voted unanimously to landmark the building. Several months before this vote, a State Supreme Court judge ordered the sale of the property after the condo developers lost a foreclosure suit, according to The Real Deal.

Image via Cushman & Wakefield