The five-bedroom Chelsea townhouse belonging to the late artwork gallerist Barbara Gladstone not too long ago offered for $13.1 million, greater than $1 million above its asking worth, stories the New York Put up.
The historic dwelling at 344 W. twenty second St was listed for $11.99 million. In keeping with the New York Put up, the Nineteenth century brick Greek Revival rowhouse was bought by an unnamed purchaser in an all-cash deal which closed on August 27.
The brokers for the house, Scott Hustis and Mark Jovanovic of Compass, additionally instructed the New York Put up that the ultimate worth was a document per sq. foot for a Chelsea townhouse.
Her namesake gallery, Gladstone Gallery, at present has areas in New York, Brussels, Seoul, and Rome. It has amassed a roster studded with celebrated artists, together with Matthew Barney, Alex Katz, Joan Jonas, Wangechi Mutu, Keith Haring, Robert Rauschenberg, Carrie Mae Weems, Arthur Jafa, and plenty of others.
Gladstone opened her gallery in New York in 1980, and rose to turn out to be one of many metropolis’s most notable sellers. She died final June in Paris after a short sickness on the age of 89.
The Chelsea townhouse was bought in 2011 for $6.3 million. It was in-built 1841. The present 4,395 sq. foot iteration of the four-story property was designed by architect Annabell Selldorf. Piet Oudolf designed the house’s backyard.
Selldorf, who additionally designed two of the three New York branches of the Gladstone Gallery, added a balcony on every of the highest three ranges of the townhouse. The house additionally featured “gallery-like” Venetian plaster partitions and white oak flooring, which helped showcase works from Gladstone’s personal assortment.
Sotheby’s auctioned 12 items from that assortment throughout a recent night sale in Might, which offered for a complete of $18.5 million with charges. The artists in that sale included Richard Prince, Andy Warhol, Rudolf Stingel, Mike Kelley and Thomas Schütte. Notably, all of the works had been offered with out ensures, and eight of the 12 offered above excessive estimates.
The New York Put up additionally reported that one other dwelling owned by Gladstone, a Gilded Age, turn-of-the-Nineteenth-century North Fork mansion, is at present available on the market for $12 million.
