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The New York Times

Big Ticket | A Photographer’s Refuge for $28.5 Million

By: Robin Finn
Published: 1/12/2014Source: The New York Times

Ozier Muhammad/The New York Times 755 Greenwich Street is part of a West Village compound sold by Annie Leibovitz.

The quaint collage of ivy-covered brick townhouses that the celebrity photographer Annie Leibovitz assembled in the West Village a decade ago and eventually transformed into a leafy compound where she lived, worked and entertained guests, sold for $28.5 million in two separate deals to the same buyer and was the most expensive sale of the week, according to city records.

The 10,200-square-foot property incorporates a trio of interconnected structures (two of them matching 20-foot-wide brick townhouses at 755-757 Greenwich Street) and a separate guesthouse at 311 West 11th Street, all linked by a private courtyard off West 11th Street; it is formally known by its 755 Greenwich Street address. Originally listed at $33 million at the close of 2012, it most recently had an asking price of $29.9 million. The annual property taxes are $56,754. City records show the Greenwich Street buildings and an annex at 305-307 West 11th Street selling for $23.5 million and the 311 West 11th Street townhouse for $5 million.

The fully renovated 16-room compound has seven bedrooms, five baths, a powder room, 13 fireplaces and a south-facing garden and slate patio. The townhouse at 757 Greenwich was Ms. Leibovitz’s primary residence. The main level has a living room with two fireplaces and wide-plank floors, as well as a dining room; it connects to the so-called annex, which has a chef’s kitchen on the main floor and a duplex guest suite upstairs. The master suite, on the second floor of the main house above the living room, has a fireplace, walk-in closets, a full bath and a den with a fireplace. The den opens onto a sunroom and also has a door to the adjacent townhouse at 755 Greenwich, where Ms. Leibovitz had her photography studio, a reception gallery and other office space.

The parlor floor has two fireplaces, lofty ceilings and a rear window overlooking the courtyard.

Maria Pashby, Joanna Pashby and Louis Buckworth of the Corcoran Group were the listing brokers. Ms. Leibovitz, whose financial woes were made public in 2009 when a $24 million debt threatened to send the compound into foreclosure, used a limited-liability company, 305-307 West 11th Street. The anonymous buyer was represented by Robby Browne of Corcoran. “Never have I seen a home in my 32 years in the business where you see leaves and trees from every window, even the cellar,” Maria Pashby said.

Copyright © 2014 The New York Times Company. Reprinted with Permission. Ozier Muhammad/The New York Times. 

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