Barbra Streisand & Livvy Dunne: Celebrity Co-op Rejections Still Haunt NYC
Barbra Streisand, the renowned American singer and actress, faced rejection from several co-op boards in the late 1960s when attempting to buy apartments in desirable Upper East Side buildings. Decades later, a similar fate befell Olivia Dunne, a 22-year-old social-media influencer, who was blocked from purchasing a three-bedroom apartment on the Upper West Side, despite her intention to pay cash in full for the apartments near her.
In the past, wealthy and famous individuals like Streisand and Dunne were routinely barred from buying apartments in sought-after buildings in New York City. The era of celebrity co-op rejections in Manhattan real estate has largely passed, but instances still occur. Streisand was rejected from co-ops such as 1021 Park, 927 Fifth, and 1107 Fifth. Dunne's purchase was blocked by the co-op board, despite her broker's confidence in the deal. The apartment she sought once belonged to baseball legend Babe Ruth.
While the practice of celebrity co-op rejections has become less common, recent incidents involving Barbra Streisand and Olivia Dunne serve as reminders that it is not entirely a thing of the past. The reasons behind such rejections remain complex and often shrouded in secrecy.
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