The historic Astor Suite at the Plaza is for sale at $39.5M

Posted On Wed, February 15, 2017 By

Posted On Wed, February 15, 2017 By In Cool Listings, Historic Homes, Midtown West

The Astor Suite at the Plaza Hotel and Residences at 1 Central Park South just hit the market for an Astor-worthy $39.5 million. The listing calls the 4,284 square-foot, three-bedroom home “one of the most historic homes ever to become available in the United States.” Currently owned by Esprit founder and former CEO Jürgen Friedrich, the suite boasts a roster of past residents that includes John Jacob Astor, the Duke and Duchess of Windsor and John F. Kennedy.

The corner suite facing both Central Park and Fifth Avenue boasts interiors by S.R. Gambrel Inc. (employed the artisans who rebuilt Windsor Castle) with hand-drawn plaster ceilings, English oak paneling, antique fireplace mantles and hand-hammered leather walls.

In addition to 19th and 20th century details, the thoroughly modern suite has undergone a multi-million-dollar renovation by the current owner and has been outfitted with the latest in technology including an HVAC system with a humidifier for artwork and a Savant environment-control system.

Friedrich purchased the eight-room suite for $25 million in 2007 and attempted to sell it a year later for $55M before taking it off the market in 2009. According to the Wall Street Journal, the impressive apartment has also done time on the rental market (along with a one-bedroom apartment across the hall) for $165,000 per month later reduced to price to $125,000 in 2012.

Friedrich and his wife also own a Sag Harbor home known as the “Summer White House of the Hamptons” that’s on the market for $14.2 million and can be rented for $130-$390K depending on the season.

[Via WSJ]

[Listing: 1 Central Park South, 509 by Melanie Lazenby and Dina Lewis for Douglas Elliman]

[At CityRealty.com]

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Neighborhoods : Midtown West

  • Bruce Cooper

    Hey, here’s an idea. Let the city buy it and move 10 homeless families in.
    39.5 million for one family (most likely one person) is outrageous even for NYC.

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