Palatial Co-op at the Sherry Netherland Reduces Price to $85 Million

Posted On Mon, October 20, 2014 By

Posted On Mon, October 20, 2014 By In Cool Listings, Interiors, Upper East Side

An influx of new property in Manhattan has made Liberty Travel founder Gilbert Haroche reconsider the hefty $95 million price tag for his 15-room co-op at the Sherry Netherland. Haroche had a similar change of heart a year ago, when he lowered the price to $88 million, however he quickly returned to his astronomical initial asking. Now, after sitting on the market for an entire two years, the sprawling simplex is available for a slightly less jaw-dropping $85 million.

781 Fifth Avenue, Sherry Netherland Hotel, Gilbert Haroche of Liberty Travel, most expensive co-op in Manhattan

Listing agent John Burger describes the 18th floor pad as a “perfect relationship between the park, the skyline and the sky.” Five of the home’s main entertaining spaces and two of its three massive terraces overlook Central Park. All in all, there’s 100 linear feet overlooking the iconic green space, not to mention a 360-degree view of the city that extends all the way to Grand Army Plaza in Brooklyn.

781 Fifth Avenue, Sherry Netherland Hotel, Gilbert Haroche of Liberty Travel, most expensive co-op in Manhattan

The flexible floor plan currently includes seven bedrooms, eight bathrooms, and multiple dressing rooms and offices. Residents of the building enjoy world-class amenities like full concierge, daily housekeeping and evening turndown service, valet parking, a fitness center, a barber shop, a hair salon, and room service provided by Harry Cipriani. In other words, there’s no reason to ever leave your home.

781 Fifth Avenue, Sherry Netherland Hotel, Gilbert Haroche of Liberty Travel, most expensive co-op in Manhattan

If this home does actually sell for $85 million, it will be the most expensive co-op ever sold in Manhattan, with the current title belonging to Israel Englander’s duplex at 740 Park Avenue.

[Listing: 781 Fifth Avenue #18FL by John Burger of Brown Harris Stevens, and Serena Boardman of Sotheby’s]

[via CityRealty]

Photos courtesy of Brown Harris Stevens

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Neighborhoods : Lenox Hill

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