Jaap Van Zweden Selling Ritz Carlton Musically-Shared Residence: Ritz Listings Thinning Out…

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Jaap Ritz#1104Comes word late last week that Jaap Van Zweden, the esteemed Dutch-born Director of the Dallas Symphony Orchestra, has listed his home at The Residences of the Ritz Carlton with Ritz Queen realtor Sharon Quist. He is asking $2.9 for the 4,258 square foot unit that is exquisitely decorated, features a wood-paneled music room (of course), and was written up in D Home Magazine a few years ago. The home has two bedrooms, two and a half baths, and formals.

Now here’s something interesting: Jaap co-owns the unit with violinist Michael Guttman. Sources tell me the two are very good friends, and often make real estate investments together. Which is interesting, but not a totally unique concept: families and friends often purchase homes together, particularly second vacation homes. It’s a great way to spread out costs and split equity.

Jaap, who is married to Aaltje, has four children. They also have a family home in Amsterdam. He and Guttman purchased unit #1102 in 2008. Dallas interior designer extraordinaire Sherry Hayslip designed it to perfection. She also, of course, designed the Ritz itself from the very start.Jaap Ritz#1104 music room

At $2.9, #1102 is now the most expensive listing in Residence I, which only has — I cannot believe this — SIX active listings as of today. You recall that Pogir sold Tim Headington’s stunner of a penthouse #2100 last March 1 for about $1040 a square foot.  Moll and  Charlie Anderson are busy redoing the space. Colin Lardner’s listing #1901 is in option contract, and listed at $800 ish a square foot. That unit is 2928 square feet for $2,450,000, but it’s up on the 19th floor.Jaap Ritz #1104 dr Jaap Ritz #1104 bedroom1 Jaap Ritz #1104 bedroom 2

Jaap Ritz #1104 bath Jaap Ritz#1104 foyerSo at $681.23  square foot, Jaap’s pad on eleven is looking like a sweet deal.

By the way: there are 20 cancelled listings, and 12 expired at The Residences. Agents tell me the downtown condo market is almost as steamy as Park Cities/Preston Hollow/Lakewood… which is on fire!

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Candy Evans

A real estate muckraker, Candy Evans is one of the nation’s leading real estate reporters. She is also the North Texas real estate editor for Forbes.com, CultureMap Dallas, Modern Luxury Dallas, & the Katy Trail Weekly. Candy has written for Joel Kotkin’s The New Geography, Inman Real Estate News, plus a host of national sites. Constantly breaking celebrity real estate news, she scooped former president George W. Bush's Dallas home in 2008. She is the founder and publisher of her signature CandysDirt.com, and SecondShelters.com, devoted to the vacation home market. Her verticals have won many awards, including Best Blog by the venerable National Association of Real Estate Editors, one of the nation’s oldest and most prestigious journalism associations. Candy holds an active Texas real estate license but does not sell. She is on the Board of Directors of Braemar Hotels & Resorts (BHR).

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