Billionaire financier and art collector lists massive Central Park West penthouse for $5.25M
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Billionaire financier and art collector lists massive Central Park West penthouse for $5.25M

January 8, 2019

Via Google Street View

Editor’s note: At the request of Sotheby’s International Realty, listing photos that appeared in an earlier version of this post have been removed.

Just steps from Central Park on the Upper West Side, this two-bedroom co-op at 23 West 73rd Street is located in the Park Royal, a pre-war, red-brick building that has been called “one of the most attractive sidestreet apartment houses” in the coveted neighborhood. On the market for $5,250,000, the penthouse unit is owned by financier Donald Marron, who is also one of the most recognized private art collectors in America and previously served as President of the Museum of Modern Art’s Board of Trustees.

The apartment opens onto an open living/dining area bathed in light from a wall of southern exposure windows. French doors lead out onto a planted, furnished terrace that spans almost the entire length of the unit.

The entire place recently underwent a stylish gut renovation, but preserved some of the original prewar architectural details, like the coffered ceilings that feature throughout the apartment. The kitchen has sleek wood cabinetry, marble countertops, and an induction cooktop.

Both of the bedrooms have ensuite bathrooms and ample closet space. The slightly larger master suite has access to the terrace. The airy bathrooms are clad in white marble and there s a separate laundry room. A small den overlooking the terrace rounds out the layout and could be used as an office or even as a third bedroom.

Designed by noted architect George F. Pelham, the 250-unit building was built as a luxury hotel in 1926 and converted to a cooperative in 1985. It boasts a slew of amenities, including a doorman and concierge, a New York Sports Club gym in the building, a children’s playroom, a bicycle room, storage lockers, and laundry facilities.

[Listing: 23 West 73rd Street, #1207 by Serena Boardman, Kerry Schmidt, and Jonathan L. Banks of Sotheby’s International Realty]

[At CityRealty]

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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