Search Results for: penthouse

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

By Annie Doge

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

By Annie Doge

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 29, 2015

Inside the Woolworth Penthouse; Rent-to-own Programs Are Making a Comeback

By Diane Pham

Rent-to-own programs are becoming an option for those with bad credit who want to one day own a home. [WSJ] The MTA sent Mayor Bill de Blasio a letter yesterday urging the city to provide the $3.2 billion that the agency needs to close its capital budget deficit. [New York Post] Go inside the under-construction, ultra-expensive penthouse at the famed Woolworth […]

Real Estate Trends

July 28, 2015

Donald Trump Gets $21M for Trump Park Avenue Penthouse

By Dana Schulz

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 27, 2015

NIMBYs Are Shaping NYC’s New Developments; William Randolph Hearst Penthouse Sells

By Diane Pham

NIMBYs have become power players in New York’s real estate game. Here’s a closer look at the playbook they use to take new developments down. [Crain’s] Aby Rosen has found a new restaurant to replace the iconic Four Seasons in the Seagram building. [NYP] The MTA is kicking gardeners out of their greenspace beneath the […]

Real Estate Trends

July 24, 2015

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

By Diane Pham

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

Brooklyn Heights Penthouse Asking $1.75 Million Has 16-Foot Cathedral Ceilings

By Emily Nonko

In Brooklyn Heights, high-ticket real estate is usually a historic brownstone or townhouse. And while this co-op does reside on 105 Montague Street, in a circa-1885 Queen Anne building that was once a hotel, the interior is a lot more modern than you may expect. This top-floor penthouse unit takes advantage of the building's striking roof line. You've got skylights, soaring cathedral ceilings, and thoroughly modern finishes. It's all asking $1.75 million.
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Distinctive Homes

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.
The rest of the story this way

July 6, 2015

Katie Holmes and Suri Renting a $25,000 Penthouse in Chelsea

By Annie Doge

Katie Holmes loves Chelsea. The Post reports that the actress has taken up residence in a sparkling new penthouse at 201 West 17th Street, paying $25,000 a month for the luxurious digs. Back in 2012, Holmes and daughter Suri called a $12,500-a-month rental at the Chelsea Mercantile their refuge while the actress took steps towards divorcing then-husband Tom Cruise. Although Holmes' new penthouse doesn't come with a secret entrance to Whole Foods, the picture perfect pad definitely makes up for the lack of organics with its stunning views and ample outdoor space.
Inside Katie's new penthouse

July 2, 2015

JFK Airport Gets an Awesome Open-Air Roofdeck; Joan Rivers’ Penthouse Sells for Ask

By Diane Pham

An UES woman found apartment hunting so stressful, she gave up her search and stayed in her over-priced studio. [NYT] Joan Rivers’ opulent apartment has sold for $28 million to a Middle Eastern buyer. [NYDN] NYCHA is looking for bids from developers interested in building affordable apartments. [NYDN] Tribeca Cinemas has closed down and the building is now […]

Real Estate Trends

June 29, 2015

Joan Rivers’s Opulent UES Penthouse May Have a New Owner

By Annie Doge

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 23, 2015

$2.3M Tribeca Penthouse Boasts Angled Skylights and Huge Terrace

By Aisha Carter

A unique two-bedroom penthouse lined with massive angled skylights is available at City Hall Tower in Tribeca, asking $2.3 million. But this premier pad is touting more then just greenhouse windows and multiple exposures. It also features a planted wraparound terrace surrounding it on three sides. So we're not just talking about a prime location, but a prime location with a lot of outdoor space. Winning!
More pics inside

Distinctive Homes

June 18, 2015

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

By Dana Schulz

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 16, 2015

‘Dog Racism’ on the Upper West Side; $250M Penthouse at 220 Central Park South in the Works

By Diane Pham

An Upper West Side co-op wants to use dog DNA tests as a way to keep unfavorable breeds out of their building. [DNA Info] Developer Michael Shvo said to be eyeing the $120M townhouse trio. [NYP] Inside a mysterious cottage sitting atop an East Village building. [Curbed] Bloomberg is making a $100 million donation to the Cornell […]

Real Estate Trends

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 9, 2015

You’ll Spend All Your Time on the Terrace of This $775K West End Avenue Penthouse

By Aisha Carter

Something about this West End penthouse feels like a Florida vacation home. It's surrounded by a fully planted wraparound terrace on three sides, and there's plenty of light from large windows and oversized glass doors. Plus, it has some high-end finishes that make this $775,000 unit (yup, a penthouse for well under $1 million) really stand out.
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Distinctive Homes

June 5, 2015

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

By Annie Doge

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 29, 2015

Sources Say Saudi Billionaire Is Buyer of $95M Penthouse at 432 Park

By Annie Doge

The Real Deal reports that Saudi billionaire and retail magnate Fawaz Al Hokair is the buyer of the $95 million penthouse at 432 Park, the city's current tallest residential building. The unit went into contract in 2013 for roughly $11,500 per square foot, but sources are just now coming out with his identity. Al Hokair is the founder and chairman of Fawaz Alhokair Group, the most valuable retail and real estate company in Saudi Arabia. Forbes estimates the company is worth $22 billion, and that Al Hokair's net worth is $1.37 billion. When the deal closes it will be the second most expensive condo sale ever in the city, stealing the title from Bill Ackman's $91.5 million buy at One57 and following only behind the $100 million penthouse sale, also at One57.
More details, interior renderings, and a floorplan ahead

Real Estate Trends

May 28, 2015

Commissioner of Baseball Robert Manfred Buys $5.6M UES Penthouse

By Annie Doge

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 22, 2015

Paul McCartney Purchases a Fifth Avenue Penthouse for $15.5M

By Diane Pham

Paul McCartney has just nabbed a $15.5 million penthouse at 1045 Fifth Avenue, the Post reports. Laid out as a duplex, the unit was previously owned by developer Manny Duell who made a living turning rentals into co-ops. This particular unit was one of Duell's creations, assembled as a gift for his wife who lived in the home until her death last year at the age of 92. Duell himself passed in 1977. With its roots in the Beatles era, McCartney should quickly feel at home here. The unit was previously described by the Times as a “glamorous 1960s time capsule with a dash of Hollywood.”
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May 18, 2015

Walker Tower Penthouse Back on the Market; 56 Leonard Not All That Jenga-Like

By Diane Pham

Want a green card? Invest in real estate. [NYT] The Walker Tower penthouse is back on the market, now asking $70 million. The unit sold last year for a record $50.9 million. [TRD] Condos at Norman Foster’s new Midtown condos will go for $3.3 million and up. [Curbed] Some are saying that the actual construction of 56 […]

Real Estate Trends

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

May 4, 2015

Robert De Niro Lived in a Penthouse with Seven-Car Garage; Leasing Starts at Brooklyn’s Tallest Tower

By Diane Pham

Turns out Robert De Niro called this extravagant penthouse with glass floors and a seven car garage home for two years. [NYP] Brooklyn’s upcoming tallest tower, the Avalon Willoughby West, has started leasing. Studios will go for $2,890 a month. [Brownstoner] A federal transportation bill could lead to the city to removing some of the oversize […]

Real Estate Trends

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