This Just In: Richard Gere Puts an Asset on Market

According to Real Estalker, Richard Gere has put his four-bedroom, four-bath property in the Palazzo Chupi building in New York's West Village on the market for nearly $18 million. You may remember the building, which was designed by Julian Schnabel of directorial fame, from my recent Coveted Crib. Schnabel is said to have "created the apartment to feel like Venice in Manhattan."
The listing reads:

Room proportions are grand, ceilings are 12'6"+/- high, light streams in from all directions and there are huge French doors in every room leading to terraces with Hudson River views. A large wood-burning fireplace exists in the living room and there is a covered 66'+/- colonnade running along the entire north side of the apartment. Drama abounds. Amenities include parking, elevator, air conditioning, pool, and 24-hour doorman.

Well, it turns out that Gere isn't much for old Venezia; he purchased the property in September 2007 for only $12 million, and never moved in. He's made few improvements aside from aesthetic changes like changing the color of the kitchen cabinets, so the $6-million markup seems a little absurd. But, it may actually be a steal — Schnabel himself is selling the two other units in the building (there are only five) for $32 million each.

image

image

image

image

image

image

image

Source

Latest