The longtime pad of late music trade legend Clive Davis, a duplex penthouse on the Ritz Tower, is in the marketplace.
Davis’ property listed the co-op at 465 Park Avenue for $11 million, the Wall Road Journal reported. The condo is coming to market months after Davis died on the age of 94.
The asking value for the four-bedroom, 4,500-square-foot unit breaks right down to $2,444 per sq. foot. Compass’ Austin Schuster has the listing.
Davis was a longtime resident of the Ritz Tower, shopping for the highest flooring for an unknown value in 1985. He added the ground beneath 4 years later and mixed them to create the posh house, which incorporates two kitchens.
Whereas it doesn’t include the unit, Davis was recognized for displaying his Grammy Award trophies in his workplace or front room, 4 in all (not together with the Grammy Trustees Award he additionally secured). Barry Manilow, Whitney Houston and different musical icons have been amongst these to step foot within the duplex.
Notably, one in all his East Coast abodes — he additionally owned a house in Westchester County — just isn’t the place Davis hosted his famed pre-Grammy galas. These legendary events unfolded on the alternative coast at The Beverly Hilton Resort.
Davis assembled a number of models within the Ritz Tower over the course of his life. As not too long ago as 2015, he bought a two-bedroom condo within the constructing for $1.9 million.
The Billionaires’ Row property was initially constructed as an condo resort in 1925. There are roughly 100 models within the constructing, and facilities embody a 24-hour doorman, in-house chef room service, every day housekeeping, a brand new health heart, a celebration and assembly room, security deposit packing containers and notary companies.
Within the third quarter, the median sale value of a luxurious apartment and co-op in Manhattan was $5.92 million, in accordance with Jonathan Miller, primarily matching the median value from a yr earlier.
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