Skip to main content

Music Exec Clive Davis Lowers Price For His Condo on Billionaires' Row


Living RoomMax Touhey/Greg Schriefer

This used to be two separate units but a few years ago Clive Davis, mastermind behind the musical careers of Alicia Keyes, Aretha Franklin, and Jennifer Hudson amongst others, did a top-to-bottom revamp of two contiguous units to turn them into this 2,800 square foot, 3-bed, 4-bath co-op in Park Avenue's Ritz Tower. With the help of designer Greg Schriefer, who is also one of the listing agents, the unit has become an entertainment-centric, art-friendly, light-infused mid-level unit now asking $6.249 million (after an initial ask of $7.8 million). The Ritz Tower was built in 1927 and at the time was the tallest residential building in New York City. It is the same building where all three of the late playwright Neil Simon's apartments are currently for sale

"This unit is centered around the staircase sculpture," says Schriefer, referring to the circular stairs, the to of which is visible in the picture above. The floating design made from wide steps that you wouldn't normally find in a city condo uses light colored wood to make them disappear against the other neutral tones in the condo. The photo below is a close up of the dining room on the same level which shows off more of the ways to display art in the unit.

Dining RoomMax Touhey/Greg Schriefer

On the lower level there's a master bedroom with two ensuite bathrooms, pictured here. The herringbone pattern on the floor and the Italian marble window sills make things even more classy.

Master bedroomMax Touhey/Greg Schriefer

Sliding pocket doors between the master bedroom and another adjacent room can be left open to create a huge downstairs suite or they can be kept as two separate bedrooms as they are now. Here's the other side of the room.

BedroomMax Touhey/ Greg Schriefer

The chef's kitchen is a pass-through which goes with the entertaining design of the unit. There's enough room for people to hang out there or have it set-up as a serving station. With Sonos surround sound with Episode speakers throughout the unit there's no shortage of places to turn on the tunes to entertain. 

KitchenMax Touhey/Greg Schriefer

Monthly HOA fees are $11,681 which provide access to doorman, gym, concierge services, security and for extra fees they can have access to cleaning services and in-unit dining from the Ritz kitchen. Some of the artwork on display may be available to convey with the sale for a negotiated price. 

Check out more on the listing page via Sotheby's International Realty.


Music Exec Clive Davis Lowers Price For His Condo on Billionaires' Row curated from Forbes - Real Estate

Comments

Popular posts from this blog

The Ultimate Guide To Family Law

Introduction The government has always had a fascination with families and the contract of marriage. State legislatures have passed many laws regulating the requirements for getting married and for obtaining a divorce. In addition, today’s laws also affect couples who live together outside of marriage. It is hard to give simple answers to many of the legal questions that a person may have about marriage, parenthood, separation, or divorce because the laws change and vary from one state to another. In addition, judges in different states with identical laws may decide cases with similar facts in different ways. This article describes the laws and court rulings common to most states. If you have other questions, please contact a lawyer in your state. You may also wish to contact a specialist. Many lawyers (particularly in urban areas) work only on family law or make it a large part of their general practice. Lawyers specializing in family law also may refer to themselves as specialist...

Three Ways To Position Yourself As A Real Estate Influencer

Have you met HENRY? An acronym that stands for “high earners not rich yet,”  HENRY describes a subset of the population on the cusp of becoming wealthy with annual household incomes over $100,000. While not confined to one specific generation, today’s HENRYs are increasingly made up of millennials. HENRYs effectively represent the gatekeepers of future wealth, and as such are an important audience for real estate professionals to begin building relationships with now. We know that millennials differ greatly from previous generations in a number of ways. They tend to have more varied and nonlinear career paths , get married and start families later in life  and prioritize their spending on experiences rather than things. As millennial HENRYs accumulate more wealth, I believe real estate professionals must understand how this distinctive segment will approach buying and selling homes — and selecting the professionals who will help them do so. To help us better understand...

Amazon HQ2 talks reportedly narrow to Crystal City, Dallas and NYC

Amazon is reportedly getting close to finalizing the location of its  $5 billion, 50,000-job  second headquarters following a nationwide reverse-contest of sorts, wherein the tech company accepted bids and presentations from different city governments on why they should be the one to land Amazon HQ2. And now it appears that three locations are currently in the lead: Virginia’s Crystal City, Dallas and New York City. After speaking to people familiar with Amazon’s plans, The Wall Street Journal reported  this weekend that the search for the second headquarters has narrowed from the 20 cities originally shortlisted as potential locations. Discussions around Denver, Toronto, Atlanta, Nashville, Tenn., and Raleigh, N.C. have cooled somewhat while Amazon’s team has been having more talks with representatives of the other three cities. Amazon’s impact on home affordability has been a major consideration, as the tech giant’s presence in Seattle has both created nume...