Fashion designer Carmen Marc Valvo, best known for his body-con evening wear, has been shedding property this year like last season’s cocktail dress. Valvo, who once hawked a line of home goods on QVC and designed a successful swimwear line for Victoria’s Secret, most recently sold his full-floor co-op unit at the Majestic, on New York’s Central Park West, for $8.5 million. Owned by Valvo since at least the late 1990s, the 3,370-square-foot spread was created by combining two units on the 28th floor into one luxurious two-bedroom a three-and-a-half-bath flat.
Originally asking $9.95 million and listed with Deborah Grubman at Corcoran, the apartment sports its original black walnut floors and offers some pretty epic views. Huge windows in the 33-foot-long living room make the most of the sights, which include much of Central Park and, way up to the north, the George Washington Bridge. There’s also a good-sized dining room, and a huge kitchen with not just one but three windows. (Don’t laugh; kitchen windows are a big deal in Manhattan!)
There’s also a large library and a small home gym, both of which could be turned into bedrooms, plus a tiny staff bedroom and bath tucked behind the kitchen. Each of the two principal bedrooms has a walk-in closet and attached bath, with the main bathroom’s soaking tub positioned next to a window that frames bird’s eye park and skyline views.
Across West 72nd Street from the more famous Dakota apartment house, the Majestic was designed by Irwin Chanin in his signature Art Deco style and completed in 1931. There are 29 stories in the twin-towered building, which includes a roof terrace with solarium. Over the years, the building’s many illustrious residents include Zero Mostel, Walter Winchell, Ian Schrager, Fred Astaire, Conan O’Brien, mobster Lucky Luciano and, currently, collage artist Barbara Kruger.
Clearly in the mood to divest, Valvo also shed his Hamptons home, in the hamlet of Water Mill, in April this year. He had originally listed the bayfront house in 2017, asking $8.25 million. The 4,500-square-foot four-bedroom was stylish but quirky, filled with houseplants inside and a koi pond outside. One acre of land was included with the property, which boasts a coveted dock on Mecox Bay. Listed with Jason D. Schommer at Corcoran, the property went for just $5.6 million, a $2.6 million discount on the original price. Tax records show the buyers as an LLC linked to a hedge funder manager and his wife who reside primarily in a $9 million townhouse on New York’s Upper East Side.
No word on where Valvo plans to live now but surely he’s stitching up an interesting real estate deal.