Former Beekman Home of CBS Founder Lowers Price to $37.5M
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Former Beekman Home of CBS Founder Lowers Price to $37.5M

May 7, 2015

This palatial Beekman Place mansion, designed by Eldridge Snyder, has served as a domicile to the head of CBS and to the shah of Iran’s twin sister. The majestic home stands eight levels tall, with eight to ten bedrooms covering 10,500 square feet. Unfortunately, the home has had a visit from the price chopper, falling from an initial asking of $49.9 million in February 2014 to a current asking of a much lower $37.5 million.

29 Beekman Place, Eldridge Snyder, William S. Paley, Ashraf Pahlavi

The remarkable mansion’s three-bay facade makes a great first impression, with red brick, a limestone base, and white shutters. The entrance features an iron railing and a polished mahogany front door with a limestone Georgian surround. Inside, the principal four levels are served by a curved staircase.

29 Beekman Place, Eldridge Snyder, William S. Paley, Ashraf Pahlavi

Generously-sized rooms include a banquet-sized dining room with a Juliet balcony, a commercial kitchen, and several wood-paneled rooms.

29 Beekman Place, Eldridge Snyder, William S. Paley, Ashraf Pahlavi

Additional features include wood-burning fireplaces, an elevator, two terraces, and two balconies offering views of the East River. Throughout the home are wood, stone, and marble floors, 11-foot ceilings, and plenty of storage.

29 Beekman Place, Eldridge Snyder, William S. Paley, Ashraf Pahlavi

29 Beekman Place was built in 1934 by CBS founder William S. Paley. It has passed through the hands of notable philanthropists Albert and Mary Lasker and Ashraf Pahlavi–women’s rights crusader and advocate, and the shah of Iran’s twin sister–before its current owners purchased it for $6.3 million in 2002. Its location, Beekman Place is one of Manhattan’s smallest, most exclusive, and most treasured enclaves. It came to prominence in the 1920s, when it attracted such a big names as John D. Rockefeller and Peggy Guggenheim.

Have a closer look inside via our gallery below.

[29 Beekman Place by Daniela Kunen of Douglas Elliman]

Photos courtesy of Douglas Elliman

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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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