Billy Corgan’s Former New York Loft – DIRT

Though he has long had his home base in an affluent Chicago suburb, Smashing Pumpkins frontman Billy Corgan once owned a loft the size of a suburban home in New York’s Soho. When he sold it to the current owners in 2005 for $3.81 million, the lithe songwriter, musician, professional wrestling promoter and “conspiracy crank” nearly tripled the $1.426 million he paid in 1998.

Designed by architect Jarvis Morgan Slade, the handsome red-brick building was built in 1883 and converted to loft-style condos by architect (and longtime Soho resident) Lawrence B. Bogdanow in the late 1990s. When Corgan bought the third floor condo, the building was freshly renovated and the unit was a relatively raw shell that had recently been updated with new plumbing, electrical, heating and cooling systems for modern living.

Regardless of the improvements Corgan has made, the condo has received additional updates from the current sellers and has been expensively converted into a chic three-bedroom, three-and-a-half-bath city residence at nearly 4,500 square feet. The condo is back on the market and available through Daniela Sassoun and Mark Mistovich of Sotheby’s International Realty/East Side Manhattan Brokerage at a price of just under $10.9 million. Taxes and general fees are approximately $6,200 per month.

The loft is in mint condition and certainly fit for a modern alt rock star. It offers three six-window exposures over charming cobbled and boutique Wooster Street, and half a dozen working French doors opening onto Juliet balconies over a courtyard. Past the keyboard elevator entrance with cloakroom and powder room is a 1,300-square-foot great room with 12.5-foot ceilings, a trio of original columns supporting a solid wood ceiling beam, a minimalist gas fireplace, and a bespoke steel and glass room divider.

There is also a gourmet kitchen with a spacious pantry/laundry room for the butler, a dedicated office area with built in desks and a library/media room. Each of the two guest bedrooms has an en-suite bathroom, as does the master bedroom, which also includes a walk-in closet almost the size of a quintessentially bijou West Village studio apartment.

A few years after selling in lower Manhattan, Corgan bought a secluded home in a quiet canyon above Beverly Hills, where he got into a legal battle with neighbors Eric Dane and Rebecca Gayheart in 2012 over a eucalyptus tree on his property that belonged to their home has fallen. He sold the LA home in 2017 for just $50,000 more than he paid in 2009, and has primarily resided in a 9,600-square-foot lakefront mansion in 2003, when he bought it for $6.8 million Suburb of Highland Park north of Chicago. In 2013, around the time he was hooking up with partner Chloe Mendel, he expanded his real estate presence with the purchase of a smaller $1.25 million home next door.

The Smashing Pumpkins disbanded in 2000 but reformed in 2006 with Corgan as the only original member. The first part of the band’s twelfth studio album, Atum: A Rock Opera in Three Acts, was released late last year. The second part is scheduled for the end of this month, with the third set due out in April.

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