PODCAST: Alex + Ani CEO Buys Newport Mansion for $6.8M Cash

Friday, January 03, 2014

 

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GoLocalProv has learned that Giovanni Feroce, CEO of Alex and Ani, is purchasing one of the most coveted Newport mansions for $6.8 million dollars in cash. Feroce, who grew up in West Warwick in a three decker, has purchased Wyndham Estate. The property features a sweeping view of Brenton Cove. Feroce is best known for helping to build one of Rhode Island's most successful companies. In partnership with founder Carolyn Rafaelian, Alex and Ani has grown to become one of America's fastest growing companies, according to Inc. Magazine, under Feroce's leadership.

 

Related Slideshow: Newport’s Wyndham Estate in Photos

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Wyndham Estate

Constructed in 1890, Wyndham Estate is a 2 1/2 story ashlar stone Baronial home designed by architect William Ralph Emerson, cousin of Ralph Waldo Emerson.

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History

Wyndham Estate celebrates its 125th anniversary next year.  The mansion was designed and built for its original owner, Rose Anne Grosvenor, a philanthropist from Providence.

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Room to Grow

The home boasts 12,175 square feet of living space, with 7 bedrooms, 7 bathrooms, and 9 fireplaces, on nearly 12 acres of property.

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Bedrooms

With a spacious Master Bedroom, large circular Turret and East bedrooms, plus four guest bedrooms; hosting overnight guests is never likely to be problematic in this mansion.

* Master Bedroom - 22'8" by 14'

* Turret Bedroom - 17'10" circular

* East Bedroom - 17'2" by 17'5"

* Guest Bedroom - 12'4" by 11'6"

* Guest Bedroom - 18'6" by 14'10"

* Guest Bedroom - 11'3" by 11'3"

* Guest Bedroom - 12'5" by 8'2"

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Location, Location...

Wyndham Estate lies in the heart of Newport, only one half mile from both the New York Yacht Club and Newport Country Club, and one mile from Fort Adams State Park.

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Grand Ballroom

Whether it is a wedding, holiday party, or family function, Wyndham Estate's 1200 square foot Grand Ballroom makes for a perfect space for entertaining guests. 

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Music Room

Outfitted with beautiful artwork and a grand piano, the mansion's music room is a great place to hide away and tickle the ivories.  In fact, at 475 square feet, you could probably fit most of an orchestra in this room.

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On Top of the World

(Or top of the island, at least)

Wyndham Estate sits atop the highest point of Newport - and has the views to prove it. 

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Kitchen

Wyndham Estate boasts a large 320 square foot kitchen (with service area) on the first level, making for great dinner parties. There is an additional galley kitchen on the home's top level. 

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Landscape

The large, 11.76 acre property is well-manicured with several custom landscaping features including at three-tier waterfall with a private sitting area, and a manmade pond

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Bathrooms

With 2 1/2 bathrooms on the first floor, and 4 on the second level, finding a place to quickly powder your nose will rarely be an issue. 

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Library

If you are looking for a quiet place to read or study, the mansion features a home library...try not to become distracted by the view.

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Roof Deck

Perfect for summertime entertainment, the mansion features a 47' by 27' open air observation deck with stunning views.

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Hot Tub

What better way to relax after a long day than climbing up to the 18' circular roof top hot tub?

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Attention to Detail

When William Ralph Emerson designed Wyndham Estate, no detail was spared, evidenced by the intricate wood-carved moldings found throughout the mansion.

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Renovation

Wyndham Estate underwent major renovation and restoration a few years ago, but much of the much of the home's original essence remains intact.

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Walk-in Closet

More like live-in closet!

At 12'10" by11'10", the closet attached to the Master Bedroom is bigger than many bedrooms... no need to trim down your wardrobe here!

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Grand Staircase

The mansion's Grand Staircase allows one to enter the room with style.  There is also a separate servant's staircase to access the second floor. 

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Dining Room

Just off the Grand Ballroom sits the home's formal dining room, perfect for intimate dinners. 

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The Grounds

Wyndham Estate is comprised of three separate lots of record, with the mansion itself sitting on Lot B (4.05 Acres).  Lots A and C are each just under 4 acres apiece. 

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Fireplaces

There is little better on a cold New England winter night than cozying up to a warm fire. Wyndham Estate, has 9 different fireplaces to choose from.

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Newport Mansions

Newport is known for its landscape of mansions spanning from Ocean Drive to Bellevue Avenue.  From Rosecliff to Vanderbilt's The Breakers, and dozens in-between, Newport has a rich history of wealth, and the lifestyle that comes with it. 

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Cliff Walk

Want to experience a different view of the Newport Mansions?  Try the Newport Cliff Walk.  The 3.5 mile long public access pathway pairs the beauty of the Newport coastline with some of the island's historic mansions -- including Beechwood, Rosecliff, Marble House, The Breakers, Ochre Court, and Rough Point 

 
 

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