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Palazzo Chupi: Julian Schnabel's Pink Condos
The New York Times 11.12.08

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11-18-schnabel-chupi-2.jpgThe New York Times recently published an update on Julian Schnabel's real estate endeavor in the Far West Village — Pallazzo Chupi. The grand development with a pink exterior, still remains mostly unsold. Readers get a bit of background into Schnabel's exercise in "the merging of art and commerce"...


 
 

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Anyone who has been as fascinated with this over-the-top space as we have been, will surely appreciate this update: The Painter and the Pink Palazzo.

Pics: Michael Falco, Tony Cenicola

Tags

real estate, over the top, pink, Julian Schnabel

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Comments (10)

Even assuming the quirkiness were to your taste, it just shouts "Bad resale value!" which is sure to make buyers reluctant in this market.

posted by JH4285 on November 18th 2008 at 11:40am
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It's insane - but I would love to live there.

(and those pink wing chairs are perfect)

posted by bepsf on November 18th 2008 at 11:59am
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I think he did a great job of creating something luxurious and welcoming. This is so refreshing compared to the cold and mono-toned interiors all over the City. Beautiful. I would donate an organ for that Picasso. Also check out the Gramercy Park Hotel's interior which he designed - the same color, impact, luxury and warmth. I like. http://www.gramercyparkhotel.com/

posted by BillyRes on November 18th 2008 at 12:10pm
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it's a fake Picasso...

posted by Aaron on November 18th 2008 at 12:33pm
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I'm billy would only give an organ for the real one :P

posted by ce_pelle on November 18th 2008 at 12:36pm
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It looks like some cheap gingerbread tacked onto a typical crumbling, worn industrial NY building. And as for the interior... why isn't there a Scarface poster hanging over the mantel?

Oh, and the reason why it's largely unsold... um, it's the price, Stupid.

posted by hejiranyc on November 18th 2008 at 12:38pm
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Love it!
Whimsical, playful, eccentric, and most of all.......too damn pricey! Oh well.

posted by rachelrachel on November 18th 2008 at 12:48pm
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I think the sales problem is that everyone with that much money already HAS a villa in Tuscany.

posted by Lisa Hunter (Montreal) on November 18th 2008 at 1:50pm
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Also, as the story noted, you're basically going to be living with Schnabel and his work space; he's banking a lot on his quasi-celebrity to sell it.

Plus you're going to be a pariah in the West Village among "real" locals...

However, it's actually a great color when you see it in the afternoon light.

posted by Bolder on November 18th 2008 at 8:09pm
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I've seen them.....and they are pretty freaking amazing. Seriously.

posted by ManhattanManhunter on November 20th 2008 at 9:24pm
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