Jade Jagger is now in the furniture-design business.
The Rolling Stones frontman’s daughter, who is already overseeing a jewelry collection and co-designed a 57-unit Chelsea condo tower, is now offering buyers her specially designed $1,300 coffee tables and $7,000 beds.
Anything to move the units in a slowing housing market, it seems.
It doesn’t hurt that units in the building, named The Jade after the 35-year-old former wild child, are priced a bit below other condos in the ‘hood.
Jagger’s jaunt into interior and furniture design is the latest mutation of what many call starchitecture – the designing of buildings by boldface-name talent.
And the fact the gimmick continues to work – The Jade is said to be half-sold in just six weeks during a slow period – will only encourage others to follow.
“It usually takes four to six months to get to this point,” said real estate appraiser Jonathan Miller, who added that there is no way to independently confirm the building’s sales figures because sales have not yet closed.
Prices at the Jade start at $550,000 for a studio and average $1,100 to $1,200 a square foot. Similar condos in the neighborhood sell for $1,200 a square foot, Miller said.