Real State

New Condos and Old Townhouses Lead the Pack in February Sales

Other notable sales during the month were in the West Village. Ruth and Tom Chapman, the founders of the London-based luxury fashion retailer MatchesFashion.com, sold their historic townhouse. Dirk and Susan Standen, also in the fashion industry, and Daniel Abrams, a TV host and media entrepreneur, sold their apartments.

And on the far, far, far east side — as in Montauk, N.Y. — it’s worth mentioning that a nearly 800-square-foot oceanfront, high-end trailer, with two bedrooms and two bathrooms, at the Montauk Shores Condominium, went under contract to an unknown buyer for $3.75 million. (And you thought Manhattan real estate was expensive!) Nancy Raia, a Douglas Elliman spokeswoman specializing in Long Island, said the off-market sale was a record at the upscale trailer community.

The TriBeCa townhouse that sold for $23.5 million had been owned by Mr. Drexler for almost 15 years. He bought the property in 2008 for $5.5 million, then hired the French architect and interior designer Thierry Despont for extensive renovations that lasted several years.

The new owner used the limited liability company TerryJohnston. The Corcoran Group, which represented both sides in the transaction, would not comment on whether this was the actual name of the buyer or a made-up L.L.C. name.

The five-story, 24-foot-wide structure at 464 Greenwich Street, near Watts Street, was built in 1892, and first occupied by the coffee-roasting firm Samuel Crooks and Company, whose operations were also spread across three adjacent buildings (Nos. 460, 462 and 466). Over the years, other coffee companies set up shop at No. 464, including the Turkish & Arabian Coffee Company, whose signage still remains on the building. In fact, if you didn’t know better, you might mistake the ground level for a cafe.


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