The 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"...
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.
Images: Michael Falco, Tony Cenicola for The New York Times
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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.
It's insane - but I would love to live there.
(and those pink wing chairs are perfect)
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/
it's a fake Picasso...
I'm billy would only give an organ for the real one :P
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.
Love it!
Whimsical, playful, eccentric, and most of all.......too damn pricey! Oh well.
I think the sales problem is that everyone with that much money already HAS a villa in Tuscany.
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.
I've seen them.....and they are pretty freaking amazing. Seriously.