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Mentioned in this Article:
Warner Lewis

Warner Lewis
Village Office

Ari Harkov

Ari Harkov
Village Office

Wall Street Journal

House Of The Day

New York Penthouse That Lace Built
05/21/12


Price: $14,800,000

Location: New York, NY
Type of Home: Apartment

A couple formerly in the lace-manufacturing business created this penthouse on the Upper East Side by combining two apartments. -- Stefanos Chen
The owners, Bruno and Bonnie Hofmann, both retired, purchased two adjacent apartments in this Upper East Side condo in 1997, the couple said. In 1999, they combined the units and purchased an additional apartment for use as a guest house. They are selling the combined penthouse unit as well as the guest apartment as a single property. Combined, the three units measure 6,265 square feet.
Mr. Hofmann founded Hofmann Laces Ltd., a textile company that designed and manufactured lace curtains, apparel and furnishings. It has panoramic views of the city, Ms. Hofmann said.
The kitchen has direct access to an open-air terrace that overlooks the city.
Ms. Hofmann said the apartment offers views of Central Park. She said she'll miss the seclusion and calm of sitting out on the terrace. 'On the weekends without traffic, you can pretend you're not even in the city,' she said. The building is on East 87th Street, between Lexington and Park avenues.
By 2001, they completed a major renovation of the first two units, which involved enclosing this terrace to connect the apartments. All told, they estimate spending upwards of $5 million on the changes. The galleria, pictured above, includes a custom-made bar with wood from Costa Rica.
The home includes four bedrooms and 5½ baths. With windows on all four sides, the home is always filled with light.
The couple, who have five adult children, are selling the property to spend more time at their Hawaii home. The property was listed for $19.75 million in 2010, and $16.8 million in 2011 with a different brokerage, according to real-estate website StreetEasy. It was re-listed in March for $14.8 million with Warner Lewis and Ari Harkov of Halstead Property.

Monday, May 21, 2012