Late night chat show host Jimmy Fallon and film producer Nancy Juvonen, Drew Barrymore’s partner at Flower Films, spent a decade buying and combining four apartments on the top three floors of an elegant and prestigious 19th-century cooperative apartment house in New York City’s tony Gramercy Park neighborhood.
The first of the four units was purchased in 2004, around the time the low-key but high-powered pair coupled up. Another was acquired in 2010, and two more were snapped up in two separate 2014 transactions. All together the Juvonen-Fallons coughed up $4.925 million for the four units that together, according to listings held by Jeremy V. Stein and Debbie Korb at Sotheby’s Int’l Realty — Downtown Manhattan Brokerage, sprawl across approximately 4,950-square-feet with six bedrooms and five bathrooms.
Not counting carry costs and real estate fees, not to mention the unquestionably considerable expense of joining the four units into one family-sized triplex penthouse, the couple is set to more than triple their money on the fabulously quirky spread that’s popped up for sale at $15 million.
Comprehensively updated with modern-day creature comforts, the vast residence respects its architectural pedigree with carefully restored original window frames, as well as original wood floors that are enhanced by what marketing materials describe as “a curated collection of treasured vintage and antique finds from around the world.”
A frothy confection of red brick and intricately ornamented red terra-cotta designed by little-celebrated architect George W. DaCunha, and built in 1883, the Queen Anne-style apartment house lords over the southeast corner of private Gramercy Park. Only those fortunate to live in the few dozen townhouses and apartment buildings that ring the serene and manicured green space are provided one of the roughly 400 keys that open the annually changed locks that secure the gates of the two-acre idyll. The Juvonen-Fallons’ penthouse transfers with a key to the park, and, in a city that relishes rarity and exclusivity, a key to Gramercy Park, one of just two private parks in New York City, is certainly one of its most coveted privileges.