Meet Michael Graffagna, who’s one impressive MoFo… partner. The Harvard Law School graduate, admitted to practice in New York, California, and Japan, heads up the project finance practice at Morrison & Foerster.
Graffagna is now resident in the firm’s Tokyo office. So he and his wife, Midori Graffagna, recently sold their Manhattan pied-à-terre. And oh what a pied-à-terre it was — larger than most Manhattanites’ primary residences.
How large are we talking? How much did the Graffagnas get for it? And which celebrity lives upstairs?
Prominent record executive Todd Moscowitz — who has worked (and played) with such boldface names as Russell Simmons, Anna Wintour, and Sean Combs — purchased the Graffagnas’ former home, a two-bedroom condo at 345 West 13th Street, for the impressive price of $4.56 million (representing a profit for the Graffagnas of about $1 million; nice work). Here’s a report from the New York Observer:
At 2,400 square feet, the unit is hardly miniature. But in the context of the West Village, it constitutes a relatively modest and sensibly-priced rarity.
“There’s not a lot that is comparable,” said Prime Manhattan’s Robert Danker, who represented the sellers. “If you were to look today for what’s available in that neighborhood in a doorman building north of 2,000 square feet, you’d come up with maybe four or five condos.” In newer and more newly-renovated buildings like the Printing House and 150 Charles, Mr. Danker said, prices hover around $2,700 per square foot — $800 more than at Mr. Moscowitz’s new pad.
For under $2,000 a square foot, you can hear the cries of “Mom the meatloaf!” from a few floors up. As noted by Curbed, Will Ferrell bought a unit in the building in 2010 for $4.2 million, then renovated it.