927 Fifth Avenue. Photo by Flickr user david westmore
Famed jeweler Harry Winston owned the fourteen room, 5,750 square foot apartment on the ninth floor of 927 Fifth Avenue from 1950 until 1976 — two years before his death — when he sold it to the current owner, art collector Judith Hernstadt.
Hernstadt has been trying to sell the unit since October 2019, and the price has now been reduced by a total of $8.25 million through four separate decreases — the last of which was a $1 million drop on March 29.
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So now you’ll just need $31.25 million and enough left over to cover the maintenance, which is a tad over $21,000 per month (as well as the 2.5% flip tax which is paid by the buyer).
The listing – which is being marketed by Louise Beit of Sotheby’s International Realty – states that Winston “entertained up to 100 guests at legendary parties in the apartment.”
The six-bedroom, five-bath apartment comes with 55′ of Central Park frontage and dramatic park views, all four exposures through 27 oversized windows, four fireplaces, a private elevator landing, spacious entrance gallery, herringbone floors and 10’6″ ceilings.
The apartment also comes with its own 19′ x 15′ library filled with built-in bookshelves and wood paneling.
Photo by Scott Frances for Sotheby’s International Realty
Photo by Scott Frances for Sotheby’s International Realty
Photo by Scott Frances for Sotheby’s International Realty
Photo by Scott Frances for Sotheby’s International Realty
Photo by Scott Frances for Sotheby’s International Realty
Located on 74th and Fifth Avenue, the 1917 co-op houses twelve apartments on twelve floors, and was designed by Warren & Wetmore, an architecture firm known for designing large hotels between 1864 and 1943. Other former residents include Paula Zahn and Mary Tyler Moore.
