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Art World Superstar Rashid Johnson Drops $9 Million on Manhattan Townhouse

Ric Ocasek Paulina Porizkova New York city Manhattan county Hampton show pandemic record art

11.11.2020 - 01:01

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Mark David At the chaotic onset of the Covid pandemic, art world heavy hitter Rashid Johnson decamped New York City for his home in the Hamptons, according to a recent profile in Architectural Digest.

However, it looks like the multidisciplinary conceptual artist, whose energetic 2016 work “Color Men” sold at auction a few years ago for half-a-million bucks, is making plans to re-settle back in Manhattan with the $9 million purchase of a Gramercy Park townhouse that was long owned by late and legendary rock star Ric Ocasek and OG supermodel Paulina Porizkova.Though the sale price tallies up to 10% below the final asking price of $10 million, it’s a staggering 40% discount from the pie-in-the-sky original hang tag of $15.25 million that the.

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