Thursday, April 24, 2014

Carlyle Buys into Turtle Bay Gardens


The Carlyle Group purchased a signature New York townhome for $13.5 million.  The townhome listing stated:

Few houses possess the grace, sense of grandeur, and at the same time comfortable intimacy that this house presents. A cornerstone of Turtle Bay Gardens, a unique enclave of townhouses on an exclusive central garden promenade, this outstanding home features a small hall of mirrors leading to a double height grand ballroom, with 22 ft. ceilings. Above is an expansive double height sky lit artist's studio. In addition to the private garden with its own central fountain, the property gives directly on to the historic promenade, the famed willow tree, and 'Medici fountain' modeled after the original in Rome. Stepping into this 38 foot mansion is a rarefied experience. With four to five bedrooms, seven fireplaces, garage, elevator. A magnificent property, and unique opportunity to participate in New York City's glamorous history, and future.

Turtle Bay Gardens was created by Charlotte Martin in 1920, when she bought a collection of 1860's townhouses, transformed them, and sold them to a select group of friends. The twenty houses and private gardens face onto an elegant communal garden, where over the decades some of the most creative and celebrated New Yorkers have called home.

Long renowned for its fiercely loyal inhabitants, Turtle Bay is the quintessential New York neighborhood. Situated along the east river, and central to all parts of New York, Turtle Bay has a sense of history, with room for bold visionaries. Encompassing the United Nations, Beekman Place, and the historic enclave of Turtle Bay Gardens, it is quietly local, yet at the crossroads of the world.

Carlyle is now the proud owner of the "evil villain's lair."  It's fitting/  With Wall Street and the United Nation nearby, it's now in the global PEU crosshairs.