Real Estate

Bono’s Man Spends $3.25 M. on East Side Spread

This article was published in the April 30, 2007, edition of The New York Observer.

It may not be as grand as Bono’s I.M. Pei–designed duplex across the park, but U2’s longtime manager, Paul McGuinness, and his wife Kathy have bought a fifth-floor, six-room apartment at 40 East 62nd.

They paid $3.25 million, according to city deeds, buying from Michael and Jane DeFlorio. The contract was signed last year, closed in February, and was recorded in public records this month.

The apartment’s living room and chandeliered dining room run side-by-side on East 62nd Street, “allowing for fabulous entertaining,” according to the Brown Harris Stevens listing. The boys in the band will appreciate their manager’s wine refrigerator in his new kitchen.

But whereas Bono’s apartment in the San Remo has 800-pound, 12-foot-tall nickel-and-bronze doors (“so precisely balanced that they can be opened and shut with a fingertip,” according to the journalist Steven Gaines), Mr. McGuinness’ main entertaining rooms are separated by mere French doors.

As recompense, according to listing broker Lisa Lippman, the manager’s building is pre–World War I, so it has fancy-sounding antique details like “original mullioned windows.” Ms. Lippman declined to discuss the buyers or the sellers, though she mentioned that the apartment had been on and off the market for over a year, and that a race-car driver had been interested.

“I think his wife liked to be in the Madison Avenue, good-shopping Upper East Side,” she said about the racer. As for Mr. McGuinness: He has reportedly kept houses in Dublin and London, plus a villa in the South of France.

  • del.icio.us
  • Digg
  • Reddit
  • Newsvine
  • Google
  • Yahoo
  • Technorati
  • Facebook
  • Stumble Upon
  • Netvibes
  • Windows Live

Comments
Post a comment

Post a comment

The content of this field is kept private
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd><br> <p> <i> <b> <embed> <img> <blockquote> <span> <strikethrough> <u>
  • Use <!--pagebreak--> to create page breaks.

More information about formatting options

By checking this box you are giving permission for Observer staff to contact you to obtain contact information and permissions required for publication.