Michael Stipe

October 9, 2014

Former R.E.M Frontman Michael Stipe Unloads Soho Penthouse for $9.6M

Michael Stipe, former lead singer for the 80's rock band R.E.M., has sold his duplex penthouse at 533 Canal Street in Soho for $9.6 million, according to city records released today. Stipe listed the co-op in June 2012 for $10.95 million, after purchasing it in 2007 for $5.75 million while it was being renovating. The unit has an impressive celebrity past; Stipe bought it from Ben Affleck's younger brother Casey, who bought it from “Good Will Hunting” director Gus Van Sant. And recently actress Kirsten Dunst put her penthouse in the building on the rental market for $12,500 a month. The three-bedroom penthouse has a light-filled central atrium, 2,500-square-foot terrace with Hudson River views, and an industrial-style kitchen designed by Mario Batali. Stipe had said that he was looking to move further downtown to a loft/work space for himself and his partner.
Take a look at the rockin' digs