From the completion of David Adjaye’s new high-rise to Hollywood producers putting their mansions on the market, there is always something new happening in the world of real estate. In this roundup, AD PRO has everything you need to know.
On the Market
Wonder Woman producer lists a 1940s farmhouse for $4 million
Hollywood producer Richard Suckle is looking to sell his New England–style farmhouse, situated on a third of an acre in Los Angeles’s Sherman Oaks neighborhood.
Suckle, who produced hits like Wonder Woman, Suicide Squad, and American Hustle, bought the five-bedroom, five-and-a-half bath residence nearly 15 years ago for close to $3 million, per Dirt.com. It’s now listed with The Agency’s George Ouzounian, Grigor Aleksanian, and Gina Michelle for $3.99 million.
.jpg)
The single-story house dates to 1946, when Sherman Oaks was just coming into its own. UK designer Kit Kemp was tapped to update the interior, which features bold wallpaper and paint colors, wood-beam ceilings, and fireplaces in both the living and dining rooms. A renovated gourmet kitchen is outfitted with custom cabinets, a gorgeous glass-tile backsplash, and high-end Wolf and Sub-Zero appliances. You’ll find another fireplace in the primary bedroom (there are five in all), as well as a spacious walk-in closet and an ensuite with dual vanities and both a shower and freestanding soaking tub.
This is one property that has as much appeal outside as in, with violet jacaranda plants in the front yard and lemon, cherry, orange, and fig trees throughout the property. There’s also a large backyard patio with a barbecue area, a pool, firepit, and cabana, and even a half-size basketball court.
Need more space? The 800-square-foot guest house can also function as a home office.
A tropical Maui gem for $12.6 million
A breathtaking property designed by AD100 firm Marmol Radziner is now on the market on Maui. Located upcountry in Kula, the three-bedroom home enjoys views of the Pacific to the west and the summit of Haleakalā volcano to the southeast.
Artist Gabrielle Anderman and her husband, Morgan Stanley adviser Bennett Cale, always loved midcentury-modern architecture. So when it came time to design their dream home, they reached out to Ron Radziner, Bloomberg reported, whose practice has a stellar reputation for both rejuvenating midcentury-modern gems and infusing the era into new designs.
They started construction in 2014 and the home, located at the end of a cul-de-sac, was completed in 2018. Now, with their children heading off to college, the couple is listing the two-acre compound with Wendy Peterson of Island Sotheby’s International Realty for $12.6 million.
The main house has three bedrooms and two-and-a-half baths, a large living area with a wood-burning fireplace, an open kitchen with wood paneling, and a music studio carved from honed lava and cedar.
Cale repopulated the landscape with native fruit plants, including avocado, mango and papaya trees. Upcountry is usually a balmy 70 degrees nearly year-round, and the house defines indoor-outdoor living, with a saltwater pool and jacuzzi and wraparound decks on both the main house and a three-bedroom guest cottage with art studio across the ravine. In fact, Anderman said her favorite spot is the swing out on the lanai, where she quiets her mind and finds inspiration for her artwork.
“Almost every morning, I take my tea out to that swing, breathe in deeply and take it all in,” she tells AD PRO. “Not just the bicoastal view of the island, but the sounds of tropical birds, the gentle touch of the air, the quiet rustling of the palm trees.”
A Gilded Age mansion turns up on Long Island’s Gold Coast
About 90 minutes outside Manhattan in Suffolk County lies a sprawling waterfront estate that delivers unparalleled views of the Long Island Sound. Villa della Pace takes its inspiration from the palazzos of Renaissance Italy, as evidenced by its four-story tower, Ludowici terra-cotta tile roofing, limestone-and-terrazzo courtyard, and lush formal gardens.
Completed by Gilded Age architect Henry Corse in 1917, the five-bedroom mansion was built for scientist Frederick Steenken, who sold it to industrialist Frederick Gurney as a summer residence. Gurney’s son, John, was a principal performer in the Metropolitan Opera in the 1930s and ’40s, and regaled guests with impromptu performances in the music room—earning the home the nickname Villa del Canto, or “House of Song.”
In 1953, the 4.5-acre property became a spiritual retreat for the Pallottine Sisters, an order of Catholic nuns, who renamed it Maryville Convent and converted the music room into a chapel. By the 1970s, the estate was once more a private residence and, in the 2010s, the current owners fully renovated the interiors and landscaping. The original wood beams and fireplaces remain, though the onetime chapel is now the home’s great room. In addition to the main house, Villa della Pace also includes a two-bedroom guest house, a caretaker’s cottage, and a cabana overlooking the heated swimming pool and fountains.
Located in the ultra-exclusive village of Old Field, this singular property is listed with Valerie Briston of Daniel Gale Sotheby’s International Realty for $7.75 million.
Milestones
David Adjaye celebrates his first skyscraper
Sir David Adjaye can add another feather to his already crowded cap: The Ghanaian British starchitect’s first high-rise has officially been completed.
Adjaye was on hand last week for the completion ceremony at 130 William, his 66-story condo located in New York’s Financial District, where the interiors were unveiled to the public for the first time. The 800-foot skyscraper houses 242 luxury units in all, ranging from one- to four-bedrooms, with loggia residences and penthouses on the top ten floors.
In addition to the hand-cast concrete façade, Adjaye designed the spacious interiors, down to the burnished bronze fixtures and hardware, and collaborated with UK carmaker Aston Martin on five fully furnished penthouses on the 59th and 60th floors. He also created the ground-level public plaza, which he describes as “an urban living room” providing a transition between the bustling street and the serene homes inside.
“With its allée of trees, seating, and thematic continuation of the large-scaled arches, the public plaza park is really a gesture to the city and a critical facet of what makes this building unique,” Adjaye said in a statement.
Interest in 130 William has been brisk since marketing began: By this spring, the building was already over 90% sold and occupied, according to Scott Avram of Lightstone, the project’s developer. And Adjaye Associates’s footprint in New York is only expanding; in addition to the new Studio Museum in Harlem, the firm is also working on a 840,000-square-foot “innovation campus” in Bedford Stuyvesant, and Sugar Hill, a mixed-use project in Harlem that will include affordable housing, a cultural institution and early education programs.
.jpg)
Silverstein bets on The Avenir
Silverstein Properties has revealed new renderings of The Avenir, a 1.8-million-square-foot hotel, gaming, and residential complex the developer hopes to erect on the western edge of Midtown New York.
Steelman Partners and CetraRuddy designed the property’s two glass-clad towers, which are connected by a sky bridge on the 45th floor, some 630 feet above the street. At the base will be an eight-story entertainment center with restaurants, entertainment, and gaming. (Silverstein has partnered on the project with Greenwood Gaming and Entertainment, which owns Parx Casino outside Philadelphia.) There will also be a 1,000-seat performance hall and an exhibition space for local artists. A hotel partner has yet to be confirmed, but the plans include space for 1,000 guest rooms.
Silverstein has owned the plot on 11th Avenue just north of the Jacob K. Javits Center since 1984, but it sat vacant for nearly a decade. According to the developer, The Avenir will generate billions in economic development, and add over 100 units of affordable housing and more than 5,000 permanent jobs.
The bid for The Avenir is coming at a time when New York is facing “historic challenges,” said Silverstein Properties chairman Larry Silverstein, including a housing shortage, public safety issues and a commercial real estate market in transition. “We need to work with state and local leaders to do everything we can to make New York the best place to live, work, and visit,” Silverstein added.
Sales Launch
378 Broome launches sales in Nolita
Sales have commenced at 378 Broome, a newly completed six-story condo building in Nolita developed by Urban Standard Capital.
Architecture firm HWKN designed both the sandstone-colored exterior and roomy interiors, which boast nine-foot-ceilings, European white oak flooring, and top-of-the-line appliances. Residents enjoy private elevator access and a landscaped rooftop garden. (Speaking of privacy, there are only four residences in all—two full-floor units and a pair of duplexes.)
“People are continuing to spend greater amounts of time at home,” says Urban Standard Capital founder Seth Weissman. “In understanding this we wanted to create apartments that celebrated and accommodated these extra hours spent in.”
Prices at 378 Broome start at $3.3 million, with Compass Development Marketing Group serving as the exclusive sales team.
News
Branded residences continue to blossom
Despite economic uncertainties, the market for luxury branded residences is expected to grow 12% annually until 2026, according to a new report from UK real estate consultant Knight Frank. The firm counted 186 properties that are operational, and another 138 in the pipeline, for a total of more than 26,000 residential units across 52 countries. The industry leaders were Ritz-Carlton, with 76 properties either open or in development, and Four Seasons, with 83, including one in Las Vegas slated for 2026. Worldwide, the fastest growing markets worldwide were Vietnam and Saudi Arabia, with Florida leading the pack domestically.
Liam Bailey, global research director at Knight Frank, said demand is being driven by investment potential, new wealth, and the desire to travel. But growth in the luxury sector will also bring challenges, Bailey told the World Property Journal. “These include a potential conflict between purchaser and developer timescales, the need to define and substantiate the added value that a brand can provide, as well as the need to provide clear evidence of its commitment to sustainability.”
