Tamara Mellon’s Upper East Side penthouse was asking $19.5 million when it went into contract. It was initially listed at $34 million.
Jimmy Choo founder’s penthouse tops Manhattan luxury market
Tamara Mellon was aking $19.5M for UES penthouse — less than she paid
FEB 27, 2023, 1:26 PM
The most expensive Manhattan home to go into contract last week was Tamara Mellon’s penthouse at 3 East 95th Street, according to Olshan Realty’s weekly report of homes in the borough asking $4 million or more.
Mellon is a co-founder of Jimmy Choo shoes and her own namesake brand. The British fashion entrepreneur
paid $20 million for the apartment in 2008.
The condominium unit went into contract last week with an asking price of $19.5 million after flitting on and off the market since it was listed in 2014 for $34 million.
The duplex is more than 7,100 square feet and has four bedrooms and 4.5 bathrooms. The lower level has 12-foot ceilings and a 41-foot-wide sunken living room with a fireplace.
The living room connects to a terrace and loggia — an outdoor, covered corridor. The primary bedroom and formal dining room each have a fireplace, as does the library on the upper level, which also has an office and wraparound terrace. The unit also has a roof terrace.
Monthly common charges and taxes add up to nearly $40,000.
The second most expensive home to go into contract was unit 83W at Gary Barnett’s 217 West 57th Street
, a sponsor apartment at Central Park Tower asking $17 million. The pad is actually on the 53rd floor, not the 83rd as the unit number suggests. The building has 98 stories but, for marketing purposes
, the floor numbers run well into the triple digits.
The unit measures 3,000 square feet and has three bedrooms, 3.5 bathrooms, 12-foot ceilings and views to the north, west and south.
Central Park Tower is a 1,550-foot supertall skyscraper with 179 units, marketed as the tallest residential building in the world. Its more than 50,000 square feet of amenities include indoor and outdoor pools, a fitness center, a children’s playroom and a club on floor No. 100 — which is actually the 68th floor — that has a ballroom, bar and cigar lounge.
Of the 23 Manhattan luxury units that went into contract last week, 14 were condos, six were co-ops and three were townhouses. Their combined asking prices were $184.8 million.
The average asking price was $8 million and the median was $6.5 million. The average discount from the original asking price was 10 percent and the median time on the market was 692 days — about a year and 11 months.
The 23 luxury contract signings were two shy of the 10-year average for Presidents’ week.