A spacious Central Park South condo is on the market For $34 million – down from its $37 million asking price last year.
The Residences by the Ritz-Carlton at 50 Central Park South occupies a sprawling 9,455 square feet. That’s what casino mogul Steve Wynn has Listed a penthouse for $90 millionwhich is $20 million more than paid for it in 2012,
If $90 million is too much, this comparably cheaper $34 million, full-floor unit comes with six bedrooms 7½ baths — and an $18,233 monthly maintenance fee.
Sellers is the property of the late finance guru Friedrich Adler, known as the father of venture capital. passed away last january At the age of 97. (Adler bought the property in 2007 for $27 million, as per property records, The seller was the late business mogul Richard McWilliams.)
The 23rd-floor apartment comes with over 120 feet overlooking Central Park. The home opens to a large foyer that leads to three distinct wings: living and entertaining spaces. There’s also a nearly 2,500-square-foot main bedroom suite with a park-facing library, a media room, ensuite bath and dressing area, and an additional bedroom wing.
A great room with high ceilings and double doors leads to a 70-foot-long terrace with views of Central Park and the city skyline. A formal dining room, a corner living room – and a large chef’s kitchen with an eat-in breakfast room, a butler’s pantry and access to another 55-foot-long terrace.
The landmark Emery Roth–designed building began as the St. Moritz Hotel in 1930 and comes with just 12 condos.
Building amenities include the Ritz-Carlton Gym, La Prairie Spa, Club and Gastro Lounge, a hotel business center, and optional in-room dining and housekeeping services. Previous residents of the building include billionaire Larry Ellison, internet mogul, and Sidney Kimmel, producer of such films as “Crazy Rich Asians”.
Listing brokers are Erin Boisson Aries, Nick Botero and Dustin Crouse of Douglas Elliman.