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    A ‘Shark Tank’ Star’s Sky-High N.Y.C. Penthouse Seeks $38 Million

    About a year ago, Robert Herjavec made heads spin when he forked over $26 million for an estate in Hidden Hills, the same gated Los Angeles suburb known for serving as home base to most of the Kardashian family members and various other celebrities. That sale price represented the most ever paid for a home in the exclusive community.

    So perhaps it’s not entirely surprising that Herjavec, a veteran Shark Tank judge and the founder and CEO of an eponymous IT security company, has now opted to sell one of his several other extravagant homes—this one a sky-high penthouse in the Big Apple.

    The penthouse is on one of the highest floors at the super-tall One57, one of N.Y.C.’s most well-known skyscrapers.

    Evan Joseph Images

    Listed at $38.5 million, and soaring high above nearly every other apartment in the city, Herjavec’s New York home spans an entire upper floor of One57, a much-publicized, 75-story skyscraper set on Manhattan’s so-called “Billionaires’ Row.” Herjavec acquired the penthouse nearly three years ago, paying about $32 million.

    Accessed via a private elevator landing, the mansion-sized condo’s visual drama starts at the entryway, where a 26-foot-wide foyer boasts two separate entrances to the home’s so-called “grand salon,” a great room with dizzying views framed by floor-to-ceiling walls of glass. This space boasts 58 feet of linear frontage overlooking Central Park, plus nearly the entire New York skyline and beyond.

    Naturally, all finishes and furnishings are bespoke and top-of-the-line, with Venetian plaster ceilings overlooking glossy Brazilian herringbone wood floors. The kitchen’s custom lacquered millwork will certainly impress, as will the premium Miele and Sub-Zero appliances; a built-in banquette and a separate, more formal dining area both have dramatic views overlooking the city.

    The primary suite itself is larger than many Manhattan apartments.

    Evan Joseph Images

    The 6,240-square-foot residence also includes four ensuite bedrooms, among them a 1,350-square-foot primary suite ensconced in its own wing, and complete with an elegant sitting area, a sumptuous dressing room and a hand-carved marble bathtub. All of the home’s bathrooms are done up in travertine or exotic slabs of marble, and every room on the premises features custom motorized shades for tranquility at the touch of one’s fingertips.

    Other amenities include a state-of-the-art home automation system, while building amenities are not limited to valet parking, a health club with a gym, private pool and spa, various dining and screening rooms, a library and billiards room, 24/7 concierge and even a pet spa. All of those ritzy features—and many more—are covered by a monthly HOA bill that tops $11,800.

    In addition to his relatively new Hidden Hills estate, Herjavec also owns several other multimillion-dollar homes. Among them are a bayfront getaway in California’s Newport Beach, a $15 million mansion in Sydney, Australia, and a waterfront residence in the Canadian township of Muskoka Lakes.

    Jorge Lopez of Compass holds the listing. Images by Evan Joseph Photography.

    Click here for more photos of Robert Herjavec’s Manhattan penthouse.

    Evan Joseph Images More

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    Bruyn Estate in Photos

    Published on March 25, 2024

    This Old Hudson

    Authors

    Demetrius Simms

    Demetrius Simms is a digital staff writer at Robb Report. After starting their career in PR, they transitioned to freelance writing in 2020. Their work has now appeared in lifestyle and culture…

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    You Can Rent Midcentury Architect Philip Johnson’s Wolfhouse on Airbnb

    A lot goes into owning and maintaining a historic residence created by a world-famous architect like Philip Johnson. Luckily, for those not up for the full-time task, you can rent the late visionary’s Wolfhouse in Newburgh, New York, instead.

    The Hudson Valley property was completed in 1949, the same year Johnson finished his famous Glass House in New Canaan, Connecticut. In the decades since the midcentury countryside retreat has been thoughtfully preserved and recently underwent a three-year renovation to restore the abode to its original glory.

    Named after Ruth and Benjamin Wolf, who commissioned the project, the hilltop abode can sleep up to six guests and comprises four bedrooms and three bathrooms. According to Designboom, the house was purchased in 2020 by former Guggenheim graphic designer Jiminie Ha and artist Jeremy Parker. The pair updated the residence using materials and original floor plans that they found in the Columbia University architecture library.

    The Hudson Valley property was completed in 1949.

    Jeremy Parker

    “We recognize the harmful effects of planned obsolescence. It’s our responsibility as designers to lead with smart sustainability at the forefront of our practice, not creating more waste, but working with what we already have,” Ha told the publication. They also teamed up with USM Modular Furniture to revamp the kitchen, which is now clad with steel, and sourced vintage design elements, including sinks, trims, and tubs, to match Johnson’s aesthetic, which includes an open floor plan with tons of glass walls framing views of the Hudson River. 

    Throughout the residence restored and updated residence are iconic mid-century furnishings.

    Chris Daniele/@dirtandglass

    “We had originally thought about using a stone overlay for the countertops and worked with artist Shawn Maximo to visualize a more modern version of this kitchen,” Parker explained to Architectural Digest. “Once we saw the USM setup in place, we decided that it spoke for itself and that we really didn’t need to add more details to the counter.”

    The home sits on a grassy slope overlooking the Hudson River.

    Chris Daniele/@dirtandglass

    Wolfhouse is priced on Airbnb at a cool $1,110 per night with a two-night minimum stay. In addition to serving as a vacation rental, Ha and Parker have turned Wolfhouse into an art hub and a community-focused incubator for a variety of design and architecture programs. Some of the past events held here include artist exhibitions and lectures for creatives. “It was important for us, as LGBTQ and BIPOC community members, to acknowledge Newburgh’s history and find a path forward in engaging the home more proactively as a center for education and programming,” the owners told Time Out.

    Authors

    Abby Montanez

    Abigail Montanez is a staff writer at Robb Report. She has worked in both print and digital publishing for over half a decade, covering everything from real estate, dining, travel and topics…

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    Is This Wooded Enclave the Best-Kept Secret in the Hamptons?

    Tucked away from the opulent seafood towers at Le Bilboquet in Sag Harbor, The Surf Lodge’s famously raucous summer soirees in Montauk, and the designer boutiques in downtown East Hampton is a quiet, under-the-radar enclave in the Amagansett North area that is known to those in the know as Devon Colony. Among its laid-back charms are its tiny, no-frills downtown area and its 116-year-old yacht club, its swathes of preserved agricultural land, its authentic fish markets, and historic residences.

    Devon Colony, between East Hampton and Amagansett, was founded in 1908 by four wealthy businessmen from Cincinnati: William Cooper Procter (of Procter & Gamble), Richmond Levering (of Lever Brothers), Joseph Rawn, and William Rowe. The men first came across the area during a hunting trip—back then, hunting was common on the East End of Long Island—and they eventually acquired 1,000 acres in the Amagansett Highlands, where they built a cluster of homes they used as their summer residences. 

    The enclave was one of the first gated communities in the Hamptons, but because Procter & Gamble’s soap sales helped pay for the homes within Devon Colony, it initially garnered a contemptuous reputation among some of the more high-brow Hamptonites as “Soap Hill.” The foursome also founded the still-standing Devon Yacht Club, which includes a small private marina.

    Historic photos of the Procter and Levering homes during construction in 1909.

    Courtesy of the East Hampton Library, Long Island Collection

    Mickey, Marilyn, McCartney

    “Devon Colony is tucked between Napeague Bay and the Atlantic Ocean; it’s much less crowded than the lanes or dunes of Amagansett,” says Martha Gundersen, a listing agent with Douglas Elliman in the Hamptons. “What people love about it are big plots of land surrounded by the Peconic Land Trust, which is state-owned land. There are 500 acres of New York State land that will remain undeveloped that surround Cranberry Hole Road, which is where many of the homes are. Many successful people seeking an under-the-radar destination own here, including [Galaxy CEO] Michael Novogratz, businessman Mickey Drexler, and entrepreneur Fouad Chartouni, among others.”

    Those “others” include Paul McCartney, Alec Baldwin, Randy Lerner, and, on occasion, high-profile renters like Bill and Hillary Clinton; in the 1950s, Marilyn Monroe and Arthur Miller shacked up for a short time a charming cottage converted from a windmill. Still, despite its history of illustrious residents, Devon Colony has largely remained an unheralded hideaway, with neither a Chanel boutique nor a Sant Ambroeus cafe within miles. 

    More Elbow Room, More Privacy

    “For as long Devon Colony has existed, people have taken the environment into consideration,” Gunderson says. “People come out here to enjoy the bird life and slow-paced living. A certain caliber of people don’t just want a house, they want land, privacy, and to be a part of the community. You’ll see Paul McCartney on his boat driving past, you’ll see Randy Lerner downtown.”

    The completed Procter home, seen here in 1910.

    Courtesy of the East Hampton Library, Long Island Collection

    Gunderson goes on to say that once people get a feel for the landscape of the Hamptons and discover Devon Colony, it appeals because “there’s more elbow room and a more laid-back, less-crowded atmosphere,” she explains. Situated within the elevated Amagansett Highlands, Devon Colony has far-reaching views of Gardiners Bay, the ocean, and the surrounding land. Situated within thickets of forest, horse farms, and farmland, the lack of development is thanks to the large amount of preserved land. 

    Over the years, Devon Colony has also become known to design– and architecture-loving locals for its historic homes and picturesque gardens. Indeed, homes in Devon Colony are regularly included on the East Hampton House and Garden Tour that’s put on annually by the East Hampton Historical Society. 

    Yesterday’s Traditions, Today

    When the men from Cincinnati built their homes for their families, they crafted four grand stucco mansions and one shingle-style home, which were originally known as ‘the cottages.’ The families tapped Cincinnati-based architectural firm Tietig and Lee to create the Italianate villa-style homes with English-style perennial gardens. This stucco-over-concrete style was unusual for the Hamptons at the time. Not just that, but these homes rivaled the size of other famed mansions in Long Island’s blue-blooded Gold Coast, particularly those in Oyster Bay and Cold Spring Harbor.

    All five of the original homes are still standing, though they’ve had extensive renovations and alterations. Many of the homes have remained in the same families since they were built. The Levering house was last sold in 2018 for $8.75 million to its current owner.

    The original Levering house has undergone several renovations and last sold to its current owner in 2018 for $8.75 million.

    Brown Harris Stevens

    At the heart of the community is the Devon Yacht Club, which has remained largely unchanged since its founding in 1908, and that’s just the way members like it. Situated along Gardiner’s Bay, the club has long been popular as a family-friendly club that hosts kids’ sailing and tennis lessons. It’s also one of the few private members’ clubs that still holds old-school traditions true; a dress code is enforced throughout, from the beach to the dining room and the tennis courts. “They still shoot off a cannon at sundown,” says Paul Brennan, a listing agent with Douglas Elliman, who lives and works in the area.

    Putting Down Roots

    At a time when the Hamptons real estate prices are skyrocketing—and bidding wars have reached an all-time high—agents are seeing increased interest from buyers seeking close proximity to their favorite Hamptons hotspots and the beach, yet with more land, lower taxes, and additional privacy. 

    Among the current offerings is a brand-new, $5 million modern farmhouse-style estate that sits on three quarters of an acre directly across from a 30-acre preserve and an eight-bedroom residence on two acres that’s just five minutes from the beach and priced at $11.7 million. And just south of Montauk Highway, another new build, a 12,400-square-foot spread that borders the golf course of South Fork Country Club and isn’t too far from the popular Amber Waves Farm, Market, and Cafe, is on the market for $14.75 million.

    A brand-new residence on Timber Trail is listed for $11.7 million.

    Liz Glasgow Studios/Douglas Elliman

    “The thing that attracts me the most—and I think the thing that attracts people like the Randy Lerners and Mickey Drexlers of the world, is that they can step onto the public bay beaches and swim, kayak, and paddleboard without anyone bothering them,” Gunderson says. “It offers clean air and a quiet life.” 

    A world apart in many ways, Devon Colony is also convenient to the farm stands in Amagansett, downtown East Hampton and popular hot spots like the Stephen Talkhouse music venue. For many modern buyers, the solitude of the forested land and the working farms might not appeal. But once you get accustomed to the open spaces and slower pace of living, it’s pretty hard to leave.  More

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    Second Homes Will Continue to Draw Luxury Buyers Around the World in 2024

    When the pandemic drove up housing prices and mortgage rates, many wealthy Americans jumped on the opportunity to acquire investment properties in less pricey foreign countries and, in some cases, to pack up and move overseas. While we’re only a few weeks into the new year, it appears that the uptick in affluent U.S. citizens heading abroad is continuing full steam ahead.

    According to the 2024 Trend Report, published by the Coldwell Banker Global Luxury program, nearly 40 percent of the survey participants intend on purchasing a home in a foreign country within the next year, and two-thirds said they plan on buying property abroad within the next five years.

    “If lower mortgage rate trends combined with the new inventory momentum continue, luxury homebuyers could be inspired to move forward with their next home purchase,” Michael Altneu, vice president of Coldwell Banker Global Luxury, said in the report. Altneu added that shoppers are prioritizing “new amenities” and are open to exploring “overseas options for their next property.”

    The report also found that location ranks as the top consideration among 45 percent of discerning consumers. About 29 percent of high-net-worth consumers are looking to move to Europe, while 28 percent are eyeing destinations in North America outside of the U.S., and 23 percent are considering the Caribbean.

    High-net-worth home buyers are looking to relocate to Europe and the Caribbean, according to a new report.

    Pexels

    On the flip side, the U.S. will continue to be a place of interest for deep-pocketed international buyers in 2024. Per the Coldwell Banker Trend Report, there was a 25 percent increase in the number of well-heeled foreign buyers purchasing real estate in the top 5 percent of the market in 2023. More specifically, those shoppers are looking to purchase property in bustling metros such as New York, Los Angeles, San Francisco, Miami, and Washington, D.C.

    “We are seeing money from China, Singapore, Hong Kong, and the Middle East being ‘parked’ in real estate in California as a holding place for wealth,” said Paul Lester of The Agency Beverly Hills in the firm’s annual Red Paper Wealth Report.

    “Instability in various South American countries continues to make Miami real estate very attractive,” noted Daniel Tzinker of The Agency Miami. “In the past three years, we’ve seen 100+ businesses like Citadel, Amazon, and Tesla move to Miami, taking advantage of the favorable tax environment…world-class restaurants, private clubs, and art galleries have followed.” 

    Authors

    Abby Montanez

    Abigail Montanez is a staff writer at Robb Report. She has worked in both print and digital publishing for over half a decade, covering everything from real estate, dining, travel and topics…

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    Mid-Tier Hamptons Homes Are Seeing Massive Price Cuts. Here’s Why.

    After a pandemic-era boom, home prices in the Hamptons are starting to plunge.

    Last month, the interest rate on a 30-year fixed mortgage hit a whopping 8 percent for the first time since 2000. Back in 2020, the average rate clocked in at around 3 percent, and it’ll likely be a long time before rates dip that low again.

    As a result, a slew of properties in the $2 million to $5 million range—the middle range for luxury homes in the notoriously expensive string of Long Island communities that comprise the Hamptons—are seeing major price cuts, the New York Post reported. In recent months, seven-figure homes in the affluent enclaves of Sag Harbor and Amagansett have seen asking price reductions of up to 20 percent as rising interest rates continue to spook buyers.  

    The asking prices of homes listed in the $2 million to $5 million range are being slashed across the Hamptons.

    Susan Wood/Getty Images

    In addition, New Yorkers who fled to the Hamptons during the pandemic are now facing a return-to-office push that’s putting an end to the work-from-home era. “Now that people are back at the office, they don’t need all that space for a ‘Zoom room’,” a source told The Post. “I know a lot of people turning their remote offices in the Hamptons back into bedrooms and putting them on the market.”

    According to a report by Douglas Elliman, the median sales price for a Hamptons home was $1.4 million, an 11.4 percent drop from a year ago, while the average price for a luxury property was just shy of $6.2 million, a 3.2 percent decrease. Conversely, sales at the top end of the market are booming. Deals in the East End spiked 11.6 percent from the second to the third quarter, while trophy home sales were up 11.5 percent. In fact, it was the second time in almost 20 years that there were more transactions between July and September than between April and June. 

    “There’s a ton of wealth, and people will always want to be in the Hamptons,” David Mazujian, a realtor with the Corcoran Group, told The Post. “There’s a ton of demand.”  More

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    Miranda Priestly’s Manhattan Townhouse From ‘The Devil Wears Prada’ Goes for $26.5 Million

    The stylish Upper East Side townhouse that Meryl Streep’s character Miranda Priestly called home in the 2006 film The Devil Wears Prada has just sold to an as-yet-unidentified buyer for $26.5 million.

    That’s exactly one million dollars less than hedge-fund mogul Craig Effron and his wife Caryn originally listed the place for in May. But it’s still lots more than the $8.8 million the couple doled out for the limestone and marble townhouse 20 years ago, before subsequently engaging designer Anthony Baratta to customize the premises to their personal tastes in 2005.

    Coming in at 22 feet wide, the Neo-Italian Renaissance structure was built in the early 1900s and crafted by architect Henry Allan Jacobs, and features seven bedrooms and 10 baths sprawled across 12,000 square feet of living space on five levels, all accessible via an elevator or a stunning spiral staircase. There’s also a full basement with a recreation room, plus a roof terrace sporting a hot tub.

    A formal gallery greets visitors with a marble fireplace and Murano chandelier.

    Krisztina Crane/Evan Joseph Photography

    Among the highlights: a formal gallery displaying a marble fireplace and glam Murano chandelier, an inviting den laced with Anigre wood paneling, and a living room boasting two fireplaces, a wall of custom bookshelves and three sets of arched French doors.

    A fireside dining room is spotlighted by a cerulean blue chandelier and doors spilling out to a terrace, while the gourmet kitchen comes complete with a gingham-patterned floor, Carrara marble and stainless countertops, industrial lighting from the 1930s, top-tier Viking and Sub-Zero appliances, and an accompanying breakfast room.

    A charming living room is outfitted with dual fireplaces, bespoke bookshelves and arched French doors.

    Krisztina Crane/Evan Joseph Photography

    Also standing out is a sumptuous master retreat, which flaunts a Juliette balcony, fireplace, spacious walk-in-closet, and luxe bath equipped with dual vanities, a dressing area and soaking tub resting beneath a 5-foot-tall oculus window; and elsewhere is another bedroom that’s been converted into a mirrored gym and fireside library, as well as a bespoke basketball court.

    Did we mention that it’s also right across the street from Gloria Steinem‘s home?

    Per The Wall Street Journal, which reported on the sale, Dougas Elliman’s Corey Shuster, who worked with the buyer alongside fellow agents Arthur Maglio and Ibrahim Guldiken, declined to identify his client but said the purchaser had been actively looking for a townhouse in the neighborhood for about 18 months. When this one came on the market, “it fit like a glove,” he said.

    The listing was held by Adam Modlin of Modlin Group.

    Click here for more photos of Miranda Priestly’s Manhattan Townhouse.

    Krisztina Crane/Evan Joseph Photography More

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    Exclusive: Aman New York Is Opening Its Private Residences for Overnight Stays. Here’s a Look Inside. 

    The hyper-luxury vacation rental market now meets a five-star hotel at the corner of New York’s Fifth Avenue and 57th Street. At Aman New York, two of its ultra-swanky private residences are now available for short-term and extended stays, and Robb Report got an exclusive peek inside.

    Aman New York, which made its debut last summer inside Manhattan’s historic Crown Building, is offering the opportunity to reserve either a one- or three-bedroom apartment from its collection, and the kicker is that you can stay as long as you like. In addition to its 83 hotel suites, the Midtown property contains 22 fully-serviced Aman Residences, all designed by Belgian architect-designer Jean-Michel Gathy. Only two of the private residences are currently available to reserve, but additional apartments are slated to be released in 2024.  

    Aman New York is welcoming guests to reserve its private residences for short-term and extended stays.

    Courtesy of Aman New York

    “The introduction of Homes at Aman New York is the next phase of the evolution of our flagship destination in the West,” Vlad Doronin, chairman and CEO of Aman, tells Robb Report. “By offering our guests a new accommodation type, which are from within our 22 private branded residences, we have elevated the experience to another level for those traveling in larger groups, staying with us for longer, or who are seeking the utmost privacy. Aman New York Homes represent the most complete experience of the Aman lifestyle in the heart of Manhattan.” 

    The way it works is pretty simple. Owners of the 22 private residences can enter their residence into Aman New York’s rental program, and guests can book the property for however long they need. The private residences on offer are located between floors 15 and 30, above the hotel suites, and are accessed via dedicated elevators.  

    Guests can reserve either a one-bedroom apartment or a three-bedroom residence.

    Courtesy of Aman New York

    Those who opt for the 1,150-square-foot, one-bedroom apartment will find floor-to-ceiling windows with cityscape views. And for those who need more room to roam, the three-bedroom spread clocks in at 3,710 square feet and overlooks Central Park. Both residences have open-plan living and dining areas accompanied by fully equipped kitchens, laundry facilities, and working fireplaces. They’re also decked out with blackened steel accents, tons of bespoke millwork, and sumptuous swaths of neutral-colored fabrics that align with Aman’s serene, contemporary aesthetic. 

    Of course, guests will be getting way more out of their stay than just a cashmere-blanketed nest to rest their heads in the heart of Midtown Manhattan. Perks include a personal butler and a complimentary house car for chauffeured drop-offs, plus access to the three-floor Aman Spa and the hotel’s two signature restaurants.

    Of course, all this at one of the world’s most exclusive hotel and residence developments does not come cheap: the three-bedroom residence starts at $30,000 per night. 

    Clickhere to see all the photos of the Aman New York Homes

    Courtesy of Aman New York More