Gerard Bollei Salon

Hairdresser Guido Registers on City’s Bangs Barometer with $1.9 M. Duplex

Hairdresser Guido Registers on City’s Bangs Barometer with $1.9 M. Duplex
PatrickMcMullan.com

To understand the real estate deals of high-end hairstylists is to understand the real estate of New York itself. Truly, hairstylists are the great undiscovered Manhattan housing bellwether.

Consider that in the shinier, happier days of January 2007, the Gerard Bollei Salon hair colorist Thomas Frasca and his partner, Alan Adler, sold their scrupulous Perry Street town­house for $9.1 million, though they had paid less than one-fourth that price. Then this February, as Manhattan’s bubble got slightly less furious, Orlando Pita, who started a salon a few years ago that charged a city-high $800 for a cut (about $10 per minute, according to one article), signed a contract for an apartment at 101 Warren.  read more »