Penthouses

Taylor Swift may have been named NYC's Global Welcome Ambassador, but she doesn't seem to be too welcoming to her neighbors at 155 Franklin Street in Tribeca. First, it was widely speculated that Orlando Bloom listed his apartment there just five months after moving in because of the pop princess's mobs of fans and "Girl Squad" activities (Bloom sold the apartment in less than a month). Now, actor Sir Ian McKellen is claiming that Swift had him evicted from the building, reports the Guardian.
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Celebrities

August 27, 2015

Soccer Star Andrea Pirlo Checks Out $30K/Month Lenox Hill Penthouse

Just a week after international soccer star Cristiano Ronaldo bought an $18.5 million loft at the Trump Tower, another big-name footballer is looking to score some NYC real estate. The Post reports that Italian player Andrea Pirlo has checked out a $29,995/month penthouse at 205 East 59th Street, which makes sense as the midfielder joined the New York City Football Club just last month. The 2,700-square-foot Lenox Hill pad takes up the entire top floor of the luxury building and offers five outdoor spaces, massive windows, and 13-foot ceilings.
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August 26, 2015

Saudi Prince Is New Owner of Joan Rivers’ Lavish Penthouse, Will Undertake a Gut Renovation

Initial reports told us that Joan Rivers' opulent Upper East Side penthouse had sold for its asking price of $28 million to a Middle Eastern buyer. And now the Post confirms that the new owner is 65-year-old Saudi prince Muhammad bin Fahd. More newsworthy, though, is the fact that the prince plans to completely gut the 5,100-square-foot triplex, meaning it will lose its legendary gilded details that Rivers once called "Louis XIV meets Fred and Ginger."
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August 7, 2015

Gucci Granddaughters List Mod Midtown Penthouse for $45M

Often known simply as "the Gucci sisters," Alessandra and Allegra Gucci are the great-granddaughters of Guccio Gucci, who founded the world-famous fashion label. Their father, the late Maurizio Gucci, then led the brand until his ex-wife arranged for a hit man to gun him down in 1995. In the '70s, Maurizio bought a duplex penthouse at the Olympic Tower in Midtown East, which now belongs to his daughters. According to the Wall Street Journal, the family listed the 9,450-square-foot, eight-bedroom pad in 2010 as a $60,000/month rental, but they're now trying to unload it completely to the tune of $45 million.
More on this impressive penthouse

July 30, 2015

Former Nets Star Deron Williams Lists Trophy Tribeca Penthouse for $33.5M

Now that he's taking over as the starting point guard for the Dallas Mavericks, Deron Williams is parting ways with his massive Tribeca penthouse. The Post reports that the former Nets star has listed the 6,800-square-foot duplex at 35 North Moore Street for $33.5 million. The stunning, six-bedroom "trophy" apartment also boasts 3,000 square feet of private outdoor gardens, huge 17-foot ceilings with wrap-around skylights, a climate-controlled wine room, and a custom-made floating staircase.
Check it out here

July 28, 2015

Donald Trump Gets $21M for Trump Park Avenue Penthouse

When you have $1.4 billion in assets, $21 million is a drop in the bucket, but the Wall Street Journal reports that's what Donald Trump just got for the sale of his penthouse in his namesake building Trump Park Avenue. The apartment is not too exciting, but it does boast 6,200 square feet, ten-foot ceilings, five bedrooms, seven-and-a-half bathrooms, and a private elevator. Trump bought the full-floor penthouse in 2002, when his company converted the Upper East Side building to condos, but never lived there. It first hit the market back in 2013 for $35 million and most recently got a price chop to $24.99 million.
Look around the whole place here

July 24, 2015

$51M Time Warner Center Penthouse Sale Sets a Record for the Building

Maybe it's the location near Lincoln Center and lots of shopping, or maybe it's the unobstructed views of Central Park, or maybe it's the ease of planting tons of one's foreign cash without worry within its walls, whatever the case may be, the ultra-luxe Time Warner Center has just drawn in a record $50.92 million sale. The owner, Russian billionaire Andrey Vavilov, listed the sprawling 14-room penthouse for $75 million early last year, then dropping the price to $68 million in November, finally landing on $51 million with a buyer known only as "Columbus Family LLC," according to city documents filed today. As CityRealty reveals, the transaction is the highest ever recorded at the building; the runner-up, incidentally, the same unit, which traded hands last in 2009 between Vavilov and Austrian investor Gerhard Andlinger for $37.5 million.
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Real Estate Trends

July 20, 2015

Julia Roberts Lists Greenwich Village Apartment for $4.5M

America's sweetheart, actress Julia Roberts, is unloading her beachy Greenwich Village apartment, according to the Post. The listing, which is not yet public, is held by Stribling and describes a 2,000-square-foot, three-bedroom, three-bathroom co-op at postwar building 45 West 10th Street. Roberts bought the penthouse apartment for $3,895,400 in 2010 and now hopes to get $4.5 million for it.
Check out the home here

July 13, 2015

New York’s First-Ever Penthouse: A 54-Room Upper East Side Mansion Built for a Cereal Heiress

By Lauren Price

There’s nothing like owning thousands of square feet of living space inside a penthouse, particularly in a town where power is measured by the size of one’s apartment. Ever wonder when the very first penthouse was built in Manhattan? It was in 1925, when George Fuller Construction Company decided to develop a 14-story apartment house at 1107 Fifth Avenue between 91st and 92nd Streets.
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Joan Rivers’s Opulent UES Penthouse May Have a New Owner

It's been almost five months since the late, great Joan Rivers's opulent Upper East Side penthouse hit the market for $28 million, and now the Post is reporting that the lavish triplex at 1 East 62nd Street may have a new owner. "Last Thursday, its final day, art and antiques storage specialists packed and hauled the remainder of what was heading to Christie’s and elsewhere... The sale’s not gone to contract, but there is a buyer," notes the paper.
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June 18, 2015

Bjarke Ingels Picks Up $4M Dumbo Penthouse with Views of 2 World Trade Center

When we have something to celebrate we usually do it with a glass of wine and some cake, but starchitect Bjarke Ingels is toasting his recently revealed design for 2 World Trade Center with a $3.89 million Dumbo penthouse. The Daily News reports that Ingels will be moving into the three-bedroom duplex at 205 Water Street, which offers a whopping 2,344 square feet of outdoor space, spread across four terraces, that provides the perfect view of the architect's impending Financial District tower. The sellers of the industrial-chic pad are interior designer and lifestyle guru Athena Calderone and her music producer husband, DJ Victor Calderone, who bought the home for $2.3 million in 2012 and originally listed it for $4.3 million back in January.
Take a look around the impressive home

June 17, 2015

Opulent Trump Park Avenue Penthouse Hangs onto $35M Price Tag

By Aisha Carter

It looks like Trump Park Avenue's Penthouse 31/32 is still looking for a buyer, a year and a half after a chopping $10 million off of its $45 million asking price. This 6,278-square-foot duplex has such a storied past on the market, you practically need an ESPN commentator to narrate it Kentucky Derby style. It made its first showing in 2007, asking $45 million. It raised the price to $51 million in 2008, after renovations. It returned in 2009, after another hiatus, asking a much lower $31 million. Then it disappeared for a few years before reappearing in 2013 with its original price tag of $45 million. Three months later it slashed $10 million off the price, landing at $35 million. Will this lavish home ever find the perfect owner with the perfect wallet?
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Distinctive Homes

June 12, 2015

Former Tribeca Mansion Now Holds Spectacular Triplex Penthouse Asking $85,000 a Month

By Emily Nonko

144 Duane Street in Tribeca has an interesting history behind it. The 150-year-old limestone building was originally used as a shoe factory and was later transformed into an insane single-family mansion. The 23,000-square-foot home was outfitted with a basketball court in the basement, a landscaped roof deck, and a crazy glass staircase. It hit the market in 2011, asking $45 million, and when a buyer never turned up it hit the rental market, asking $100,000 a month. It eventually sold in 2013 for $43 million, according to public records. The owner then converted the mansion into four rental apartments asking between $12,500 and $85,000 a month. Are you keeping track? This unit, a triplex penthouse, is the one asking $85,000, and it's just as insane as you'd expect it to be, with a massive 10,829-square-foot footprint, five bedrooms, and a crystal-like glass topper.
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Distinctive Homes

June 5, 2015

Jon Bon Jovi Unloads His Mercer Street Penthouse for $34M

It's official, rocker Jon Bon Jovi is now free of the 158 Mercer Street digs he's been trying to unload for the past for two years. First reported by The Real Deal, city records filed this afternoon show that the home traded hands for a whopping $34 million; although at first this seems like a pretty penny, it's actually way down from its original ask of $42 million. The buyer is Austrian-American businessman and investor Gerhard Andlinger, who previously called a sprawling 8,300-square-footer at the Time Warner Center his home.
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May 28, 2015

Commissioner of Baseball Robert Manfred Buys $5.6M UES Penthouse

Just in time for the height of MLB season, Robert Manfred, the freshly appointed Commissioner of Baseball who is a known Yankees fan, has scooped up an Upper East Side penthouse condo. He and his wife Colleen paid $5,575,000 for the full-floor, three-bedroom pad, according to city records released today. Located at 303 East 77th Street, the home also boasts 2,559 square feet of interior space and with 809 square feet of outdoor space comprised of three terraces and a balcony.
See the rest of Manfred's new digs here

May 13, 2015

$7.2M Tudor City Penthouse Boasts Amazing Gothic-Style Terraces

By Emily Nonko

If you want an apartment that will truly bowl people over, and you have millions to spare, look no further than this penthouse unit at 5 Tudor City Place in Turtle Bay (h/t Curbed). Massive windows, soaring ceilings, and a private terrace with griffins and gargoyles will definitely impress. The seller is Gordon Bowen, founder of the big-time advertising firm mcgarrybowen. He's unloading his Don Draper-worthy penthouse to the tune of $7.2 million.
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Distinctive Homes

April 30, 2015

Awesome Attics: Inside the ‘Other Penthouses’ of New York City

New York City is abuzz with penthouse talk, whether it's the $100M blockbuster sale at One57, the unbelievable $150M ask for the topper at the Sony Building, or if it's all the chatter around just how much more folks are willing to pay to have these two letters in their address: PH. While we love playing the game "If I had the money..." as much the next person, we thought before we start daydreaming too far out of our financial means—or cursing the system altogether—that we'd pay homage to the city's "other penthouses," the ones far closer in reach. Okay, so they're really just tiny attics or additions, but what each of these little spaces lacks in floor area, they certainly make up in character. Check out some of the coolest, cutest and just downright amazing attic spaces we've dug up ahead!
NYC's Amazing and Adorable Attics This Way

April 28, 2015

Is the Third Time a Charm for This $40M Penthouse with Glass Floors and a Seven-Car Garage?

By Aisha Carter

All it takes is one glance at this head-turner to see that it's pretty special. The 11,000-square-foot duplex features glass floors, floor-to-ceiling windows offering 360 degree views of the Hudson River and the city, and 5,200 square feet of outdoor space in the form of several terraces. The stunning penthouse has had a time of it on the market, first popping up in 2012 with an $80,000 a month price tag, and then reappearing in October 2014 asking $95,000 a month. Now it's trying its hand at the sales market for $39.8 million.
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Distinctive Homes

April 17, 2015

Take a Video Tour of Mike Myers’s Freshly Listed $16.95 Million Soho Penthouse

This isn't quite the home we would picture for funny man Mike Myers, but even without the shag carpet (though there is a shag rug) and psychedelic wallpaper, his Soho penthouse still stuns. The Journal reports that the comedian has just listed his 4,200-square foot duplex at 72 Mercer Street for $16.95 million. In addition to boasting top-floor honors, the sleek and modern home comes with its own elevator, custom crafted bookshelves, a top of the line kitchen, massive skylights, 14-foot-high ceilings and fantastic rooftop views of the neighborhood.
Take a tour here

April 15, 2015

POLL: Is Penthouse Living Worth a 75% Price Increase?

On Monday we took a look at an infographic from CityRealty that shows how much more penthouse buyers pay compared to their neighbors directly below. Analyzing the top penthouse sales recorded in 2014, they found that “high-rise top floor buyers on average shell out 11 percent more per square foot for their pads than their counterparts just below. Looking at the average […]

Real Estate Trends

How Much More Do Penthouse Buyers Pay Compared to Their Neighbors Directly Below?

30 Park Place

April 13, 2015

How Much More Do Penthouse Buyers Pay Compared to Their Neighbors Directly Below?

So maybe you don't get the coveted "PH" in your address, but you will save tens of millions of dollars by "slumming it" on the floor just below. The data gurus over at CityRealty analyzed the top penthouse sales recorded in 2014 and found that high-rise top floor buyers on average shell out 11 percent more per square foot for their pads than their counterparts just below. Looking at the average selling price, this rings in at a whopping 75 percent more. Is the PH premium worth it? Let us know what you think in the comments.
check out the full infographic here

Real Estate Trends

April 9, 2015

Real Estate Legend and ‘Shark Tank’ Star Barbara Corcoran Buys $10M UES Penthouse

Barbara Corcoran, founder of the Corcoran Group and investor on the popular television show "Shark Tank," has snatched up a fittingly glamorous Upper East Side penthouse for $10 million with her husband, former FBI agent William Higgins, according to a report yesterday by the Post and city records released today. When we ogled the listing at back in October, the 11-room duplex at 1158 Fifth Avenue had just dropped its price to $9.95 million, having originally gone on the market in 2013 for $14.5 million. The sellers are interior and landscape designer Pamela Scurry and her husband Richard. Though the home is currently filled with antique furnishings and old-world details, the real selling point was likely the massive terrace, conservatory, and solarium overlooking Central Park.
Take a look around the stunning home here

April 2, 2015

Innocad’s Ultra-Modern Chelsea Penthouse Pays Homage to Marilyn Monroe