Novogratz-designed penthouse now in contract on East Fourth Street

Hey now. The upper-level, "magazine-ready" penthouse designed by the world-famous Bob and Cortney Novogratz that hit the market for $3.75 million back in March is now in contract...




Looks as if the winning price was $3.195 million, a mere 15 percent off the original....

And here's what our contestants are receiving in exchange....

Step directly from your private, key-lock elevator onto your 3 bedroom, 2.5 bath Penthouse condominium. Offering the highest caliber of finishes, every detail is customized from the Boffi Kitchen outfitted with Macassar Ebony cabinetry and stainless steel countertops to California Closets in all 3 bedrooms. The Great Room soars with 10.5 foot loft ceilings, woodburning fireplace and sunflooded, oversized windows with North and South open city views. Then take your private stairs or elevator directly onto the largest ipe-and-concrete decked terrace you've ever seen in the EV with sweeping Empire and Chrysler building views. Enclosed with sleek glass railings, this terrace is equipped with a Summer kitchen and wiring for outdoor theatre. The first floor of this duplex lends a gracious air of privacy for the 3 bedrooms, all of which have gorgeous sunlight and charming treetop views. The Master bedroom has TWO walk-in custom Cali closets, a sumptuous 5-fixture Master bath suite with dual vanity, oversized glass-enclosed shower and freestanding soaking tub. A large window floods the Master bathroom with all-day natural night. Additional luxury add-ons include radiant heat in all rooms, Crestron security system, and custom baseboard moldings. This finish quality is seen only is magazine-ready, designer homes. Extremely low common charges. Walk to the chicest East Village restaurants, steps to trendy Lower East Side and hottest upscale Bowery venues and gallerie.

We planning on meeting our new neighbors at Billy Hurricane's to Rock!

Previous excessive coverage here.

Something for Novogratz-designed-penthouse-home-with-a-driveway watchers

Since making its East Fourth Street debut last month, Novogratz-designed-penthouse-home-with-a-driveway watchers have been curious about the garage here... Just what kind of vehicle will fit in here? Is it even big enough for a garage band? (Eh, sorry.)



So, to my good fortune, as well as for other Novogratz-designed-penthouse-home-with-a-driveway watchers, I got a look inside the garage the other day!



My professional conclusion: Yeah, it's pretty damn small.

Meanwhile! After some 77 days on the market, a "for sale" sign for the penthouse has appeared! After a 15 percent price drop earlier this year... the tab now remains at $3.195 million...



Previously on EV Grieve:
Home with Novogratz-designed penthouse now in full view

No parking in front of the Novogratz-designed penthouse home

New developments at 238 E. Fourth St. near Avenue B... we have the address up on the wall now...



...along with a No Parking sign on the garage door for the toy car...



Of course, not everyone is paying that much attention yet. Wait 'till your ass gets towed, buddy!



Previously on EV Grieve:
Home with Novogratz-designed penthouse now in full view

Earlier.

Price for Novogratz-designed penthouse keeps falling; and see-through balcony arrives

Back in February, we wondered what those thingamajigs things were above the garage at 238 E. Fourth St., the fancy new six-level home...



Well! Now we all know... they hold up the see-through balcony...





Meanwhile, the magazine-ready two-floor (plus deck!) penthouse that Bob and Cortney Novogratz designed here will now cost you less... the PH was listed by Corcoran in March at $3.75 million... Last Thursday, the PH was reduced by $200,000 ... Here's the pricing history via Streeteasy:

03/10/2010 Listed by Corcoran at $3,750,000.
04/08/2010 Price decreased by 9 percent to $3,400,000.
04/21/2010 Price decreased by 6 percent to $3,195,000.

So the price has fallen 15 percent in less than two months... Perhaps that Novogratz name had prompted some inflated pricing at the outset... Naaaah.

Inside the front door of the Novogratz'd home on East Fourth Street

Yesterday, we posted photos of the scaffolding-free home with the Novogratz-designed penthouse on East Fourth Street... Now, courtesy of EV Grieve reader Mike, we have a shot of inside the front door!



And... looks as ho-hum as the exterior!

Home with Novogratz-designed penthouse now in full view

December!

And now... Hello 238 E. Fourth St.! Well, over here between Avenue A and Avenue B the former one-level construction company razed to become home a multi-million-dollar penthouse by the world-famous Bob and Cortney Novogratz is now in full view...





Is this a garage for a mini-Cooper? (There is a driveway left from the Construction Company that had this address before....)



The owner of 238 E. Fourth St., design writer Sue Hostetler, will live on the first four floors.

The upper-level, "magazine-ready" penthouse is going for $3.75 million... Dunno if that price includes periodic visits by the "9 By Design" troop...

East Fourth Street's Novogratz-designed penthouse now on the market

Prepare yourselves for 238 E. Fourth St. near Avenue B, where the superduperfaboo Bob and Cortney Novogratz designed the $4 million penthouse apartment...



The listing is now live. Let's see just how superduperfaboo it is! According to the Corcoran listing:

Step directly from your private, key-lock elevator onto your 3 bedroom, 2.5 bath Penthouse condominium. Offering the highest caliber of finishes, every detail is customized from the Boffi Kitchen outfitted with Macassar Ebony cabinetry and stainless steel countertops to California Closets in all 3 bedrooms. The Great Room soars with 10.5 foot loft ceilings, woodburning fireplace and sunflooded, oversized windows with North and South open city views. Then take your private stairs or elevator directly onto the largest ipe-and-concrete decked terrace you've ever seen in the EV with sweeping Empire and Chrysler building views. Enclosed with sleek glass railings, this terrace is equipped with a Summer kitchen and wiring for outdoor theatre. The first floor of this duplex lends a gracious air of privacy for the 3 bedrooms, all of which have gorgeous sunlight and charming treetop views. The Master bedroom has TWO walk-in custom Cali closets, a sumptuous 5-fixture Master bath suite with dual vanity, oversized glass-enclosed shower and freestanding soaking tub. A large window floods the Master bathroom with all-day natural night. Additional luxury add-ons include radiant heat in all rooms, Crestron security system, and custom baseboard moldings. This finish quality is seen only is magazine-ready, designer homes. Extremely low common charges. Walk to the chicest East Village restaurants, steps to trendy Lower East Side and hottest upscale Bowery venues and gallerie.

At this point in the post, EV Grieve has passed out, overcome by the most wretched excessive East Village real-estate description this week! So please look at the photos and floor plan...







And the price: $3.75 million.

P.S. See more of the Novogratz clan on Bravo when their "9 by Design" reality show debuts April 13 on Bravo.

Trying to guess what the Novogratzers put up on East Fourth Street

We've been keeping tabs on 238 E. Fourth St. near Avenue B, where the superduperfaboo Bob and Cortney Novogratz (BoCoNo) designed the $4 penthouse apartment...



Full-steam ahead still on the construction! And, recently, I saw a new addition to the exterior.... I'll admit I don't know much in the way of fancy exterior lights and awnings and what not... But what, exactly, are these...? At first glance I thought they were showerheads... And was BoCoNo responsible?






Previously.

Is America's greatest family moving to the East Village?

We're still reeling from the feature in yesterday's Post on the superduperfaboo Novogratz family...

After reading this, you may want to move to, say, Greenland. Or someplace where aren't TVs. And we pretty much have to excerpt the entire article:

Two gorgeous, self-taught downtown designers with seven young urban kids are set to become Manhattan's next reality-TV stars. Think "Jon & Kate Plus 8" meets "Sex and the City."

Artsy downtown couple Bob and Cortney Novogratz, who gut-renovate dilapidated city buildings and transform them into multimillion-dollar homes, are set to star in "9 by Design," a Bravo reality show premiering April 5 that chronicles their chaotic Manhattan life where real estate is the constant family drama.

Their shenanigans could make Bob and Cortney the latest New Yorkers you love to hate -- with some viewers likely to be outraged by the manic couple's constant uprooting of their kids, and others embracing them as the coolest and most photogenic TV parents since Mrs. Partridge and Billy Ray Cyrus.

Cameras follow the nomadic Novogratz clan -- they've moved more than 15 times within a five-mile radius -- as Bob and Cortney scramble to find a temporary apartment in one day after renting out their mansion at 5 Centre Market Place in SoHo.

They check out a $14,000-a-month East Village rental and briefly consider renting out an old bar where they would bathe their newborn in the urinal. They eventually settle on a two-bedroom apartment where all the kids have to share a 12 x 14 bedroom.

During the eight-episode season, Cortney gives birth, the couple builds their first boutique hotel on the Jersey Shore, and designs a private gym in Hoboken, NJ, a beach house in Amagansett and a townhouse in the East Village.

"We wanted to show off New York City like 'Sex and the City' did," said Bob, 46, who is filmed scooting around SoHo on his Vespa with his pregnant wife on the back of the bike.

"Building in the city is stressful," said Cortney, 38. "People can relate to moving whether they've moved once or as many times as we have. We've lost track of how many times we've moved over the past 17 years." Twice, the family has moved three times in one year.

The chronic flippers live in their homes while renovating, then sell them and move on to their next project.

The family currently lives in a five-bedroom, 8,000-square-foot townhouse at 400 West St., where they've built an indoor basketball court for the kids. But Bob and Cortney are already getting bored; they've listed the property for just under $20 million and are eyeing a move to the East Village.

"The kids may end up in therapy," Bob jokes on the show. Indeed, the couple actually named their fifth child "Five."

The Novogratz kids, Wolfgang, 12; twins Bellamy and Tallulah, 11; Breaker, 9; twins Five and Holleder, 4, and Major, 1, attend three different schools.

Meanwhile, as you may know, work continues at 238 E. Fourth St. between Avenue A and Avenue B where the former one-level construction company was razed to become a BoCoNo-designed $4 million penthouse.



Previously on EV Grieve:
A Manhattan family that intrigues, intimidates and nauseates

[Photo via]

238 E. Fourth St. continues its steady progress

Back in August, I noted the rather impressive progress at 238 E. Fourth St. between Avenue A and Avenue B where the former one-level construction company was razed to become a $4 million penthouse by the world-famous Bob and Cortney Novogratz.

The construction netting is off...and the new tenants will be ready to move in by, say, Dec. 15. Well, maybe not. Anyway, onward and upward and stuff...



As a Curbed commenter said about site:

[A]t least they didn't kill the beautiful old tree that in the back of the property between the yards of 3rd and 4th streets. Our new rich neighbors will get to enjoy the loud bar's garden in the backyard of 3rd St bar, the loud bars on Ave. B between 2 & 4. I hope they enjoy paying millions of dollars for all the "color and charm" of the East Village. Welcome to the fuckin neighborhood.

Previously on EV Grieve:
Former construction company becoming a two-family home with $4 million penthouse

Former construction company becoming a two-family home with $4 million penthouse

Last November, we noted that Bellet Construction at 238 E. 4th Street near Avenue B was coming down... At that time, the paperwork taped to the front said the space will become a two-family residence....



And in April, the building came down.



Now, according to the Post, Bob Novogratz (of the super-awesome family fame!) is "designing and developing a 3,000-square-foot Alphabet City penthouse that should hit the market at $4 million in the next week or so. The penthouse is part of a six-story, 25-foot-wide townhouse at 238 E. Fourth St., between avenues A and B. It was a former industrial space that has been rezoned."

What!

"The townhouse's owner is design writer Sue Hostetler, who plans to live with her family in the first four floors of the townhouse while selling the top two. The Novogratz family is developing the two-floor home through their firm Sixx Design, which is also the name of a Bravo reality TV show they are working on.

"The penthouse comes with a private elevator and a 1,200-square-foot roof garden. Because it is a custom home, Bob says it could be three bedrooms or more (or less) depending on the configuration. Wendy Maitland from Brown Harris Stevens will market the listing."

Here's a progress report. The foundation is coming along...

A Manhattan family that intrigues, intimidates and nauseates

Well, in case you haven't read about the Novogratz family yet... The UK Times checks in with a feature, asking in the headline: Is this the world's coolest family?

Prepare to be intrigued, intimidated and, if you are the jealous or private type, possibly a little nauseated. The Novogratz family — two good-looking parents and seven photogenic children, along with their $25 million Manhattan mansion, Brazilian beach house, New England country estate, famous friends and cool parties — could soon be the name that you associate with everything from sandwich bags to boutique hotels.

Robert Novogratz, 46, his wife Cortney, 37, and their brood, which includes two sets of twins, have been renovating dilapidated buildings in New York’s up-and-coming neighbourhoods for 13 years. Along the way, they have charmed the city’s style magazines and blogs with their ability to combine French salvage, flea market finds, undiscovered artists and high-end fittings to striking effect.

[Photo by Christine Seib via]