The lavish pad of the late socialite and philanthropist Carroll Petrie at big-name favorite 834 Fifth Avenue has just hit the market, and it’s asking a very impressive $30 million. The big question is, where will the sale money go when the time comes?
Carroll, who was married to the late retailing giant Milton Petrie, passed away in February, but drama quickly started brewing over her $100 million will. She left $12.5 million to her daughter Andrea Portago, whom she had with her former late husband, Spanish race car driver Alfonso de Portago, but with an odd stipulation based on their contentious relationship. The bulk of her estate was left to her Carroll Petrie Foundation, which supports the Dog Rescue Project of the ASPCA. But this likely isn’t sitting well with Andrea, who already retained estates and trust attorney Harvey E. Corn (he also worked on the cases of Brooke Astor and Huguette Clark). Whatever the legal outcome, the 11-room home will certainly make its new owner feel like NYC royalty.
The two-bedroom, four-bathroom, tenth-floor residence boasts 11.5-foot ceilings, hand carved moldings, historic mantles, and pristine hardwood and marble floors.
An octagonal entry vestibule opens to the grand gallery, which has four symmetrical inset bookcases accented by architectural pediments and marble plaques. In the living room is a wood-burning fireplace and Central Park views. The butler’s pantry and kitchen are adjacent to a breakfast room and terrace. Beyond, there is an entire staff wing. The two private master suites are set on their own. Also included with the sale is a separate maid’s room, wine vault, and storage/laundry room.
834 Fifth Avenue is considered one of the greatest works by legendary architect Rosario Candela. It’s the building where Jets owner Woody Johnson set a record with his $77.5 million co-op sale, and it’s also been home to some very famous residents like Laurance Rockefeller, Tony Award-winning producer Harold Prince, Elizabeth Arden, Laurie Tisch, Eugenie and John Radziwill, and Rupert Murdoch.
When Milton Petrie died in 1994, a large part of his $1 billion fortune went to establish the Carroll and Milton Petrie Foundation. You may recognize their names from the Carroll and Milton Petrie European Sculpture Court at the Met or the fifth-floor cafe at MoMA. They also generously gave to New York-Presbyterian Hospital, Memorial Sloan Kettering Cancer Center, and the Parrish Art Museum. These causes may also be possible benefactors from the apartment sale.
- Woody Johnson’s Co-op Sale Still Sets Record, but Comes In Lower Than Expected at $77.5M
- Estate of Huguette Clark, Famous Reclusive Heiress, Loses $95M Suit Against Beth Israel
- Bunny Mellon’s Incredible Upper East Side Mansion Finds a Buyer for $41M
Photos via Sotheby’s International Realty