From the WSJ Real Estate Archives

The Icing On the Home Sale
Of a Cake Designer's Loft

by Troy McMullen
From The Wall Street Journal Online
February 13, 2006

A former airline executive and the heirs of an electronics pioneer have been busy in western Connecticut's real-estate market.

In Kent, Conn., a second-home favorite for New Yorkers, former US Airways Group chairman Stephen M. Wolf just paid $3.58 million for a three-bedroom, 4,600-square-foot modern stone and wood home. The house is on 17 acres and features a 58-foot lap pool and a great room with a floor-to-ceiling stone fireplace. The seller was television-commercial director Richard Levine. Nineteen miles away in the town of Washington, relatives of Avery Fisher, philanthropist and Fisher Electronics founder, are selling his former house for $2.15 million. Built in 1958, the one-level, white clapboard five-bedroom home on 22 acres overlooks a pond and is set among tall trees. The house has 5½ baths, two fireplaces, an attic, a greenhouse and a three-car garage. Klemm Real Estate is listing the property and had the listing for the Kent house; Harney Real Estate represented Mr. Wolf.

Let The Buyer Eat Cake

Celebrity custom-cake designer Gail Watson is selling her live/work loft in midtown Manhattan for $2.995 million. A TV Food Network regular, Ms. Watson designed wedding cakes for the likes of Uma Thurman and Ethan Hawke, as well as Sarah Jessica Parker and Matthew Broderick. Eleven years ago, Ms. Watson bought the 3,000-square-foot, two-bedroom, full-floor loft for about $200,000 and renovated it. Located at 38th Street and 9th Avenue, the loft includes an open family kitchen and, behind it, the professional kitchen from which Mrs. Watson runs her business. Cathy Blau of Corcoran Group has the listing.

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