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The Triplex Penthouse at The Pierre Hotel Has Finally Sold for $44 Million

The Triplex Penthouse at The Pierre Hotel Has Finally Sold for $44 Million

August 3, 2017

The penthouse at The Pierre Hotel has finally sold for $44 million, $81 million under its original $125 million list price. At the time of the sale the unit was listed at $57 million and the closing price comes to around $3,666 SF. The 12,000 SF residence features 5 master bedrooms, 6 full bathrooms, 3 half-baths. The penthouse has 16 rooms in total including living room, The Pierre Hotel's original ballroom, 4 terraces, 5 working fireplaces, guest suites, staff quarters, grand staircase, private elevator and a chef's kitchen. The seller was Barbara Zweig, who decided to downsize after the death of her late husband, Martin Zweig, who originally purchased the penthouse for $21.5 million in 1999. The buyer is rumored to be Cantor Fitzgerald CEO Howard Lutnick after the unit closed under 795 Properties LLC. The Pierre Hotel is located at 2 E 61st Street and is a Taj Hotel. The unit was listed with Mary Rutherfurd and Leslie Coleman of Brown Harris Stevens. 

The Triplex Penthouse at The Pierre Hotel Has Finally Sold for $44 Million
The Triplex Penthouse at The Pierre Hotel Has Finally Sold for $44 Million
The Triplex Penthouse at The Pierre Hotel Has Finally Sold for $44 Million
The Triplex Penthouse at The Pierre Hotel Has Finally Sold for $44 Million
The Triplex Penthouse at The Pierre Hotel Has Finally Sold for $44 Million
The Triplex Penthouse at The Pierre Hotel Has Finally Sold for $44 Million
In Manhattan, News, Midtown, Luxury Real Estate Tags News, Luxury Real Estate, Penthouse, Midtown, Manhattan, Midtown East
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