With a new co-broker, billionaire Gary Winnick and his wife, the artist and novelist Karen Winnick, have reduced the $6 million asking price for their Sherry-Netherland hotel pied-à-terre to $4.45.
For the Winnicks, who have also advertised their Bel-Air property in Los Angeles, Casa Encantada, for a staggering $250 million, it is pocket change. That 1930s building, formerly owned by the late hotelier Conrad Hilton, was purchased by the Winnicks for $94 million in 2000.
The beautiful two-bedroom, two-bath Upper East Side residence at 781 Fifth Ave., which was designed by Charles Gwathmey, is 2,000 square feet larger.
The apartment sits on the 20th floor, two floors above a full-floor pad with a wrap terrace whose ownership is connected to Steve Bannon’s business partner and imprisoned Chinese fraudster Miles Kwok, also known as Guo Wengui (among other aliases). Kwok’s asking price for the apartment was $32.5 million at the time it was listed for sale. Soon after his detention in the building in March, a fire broke out in that flat; sources told Gimme Shelter it was probably caused remotely. The homes above the Guo residence were unharmed, despite the fact that the fire also damaged adjacent flats.
Gary and Karen Winnick.
One of two bedrooms inside the Sherry-Netherland home.
Interior perks include hardwood floors, high ceilings and designer lighting.
Run your own private Fifth Avenue speakeasy.
Winnick purchased his flat in the historic Art Deco building in the 1990s, according to Nest Seekers’ Shawn Elliott, who also lists the property with John Carbone of the company and Douglas Elliman’s Michael Lorber and Eric “Rick” Friedberg.
David Bowie, Diana Ross, Barbra Streisand, George Burns, Jack Warner, Charlie Rose, and Francis Ford Coppola have all lived in the building at one time or another.
This co-op offers spectacular views of Central Park and the metropolitan skyline with a hefty $21,616 monthly maintenance cost. A corridor in the front of the house leads to a wraparound terrace with views of Fifth Avenue and Central Park, a dining solarium, and a corner living room with a wet bar.
There’s 2,000 square feet of Lenox Hill luxury inside the home.
Wooden furnishings meet modern tech in the galley chef’s kitchen.
Enjoy views of Manhattan from the unit’s wrap terrace.
A main bedroom comes with a dressing area and an onyx bath, while a second bedroom — including an ensuite bathroom and custom wood paneling — doubles as a home office or a library.
The home also features a kitchen with a curved banquette and lots of custom millwork, storage and built-ins.
Design details additionally include hardwood floors, high ceilings and designer ligh
The 38-story building, designed by Schultze & Weaver in 1927, was developed by Louis Sherry and Lucius Boomer.
It features a 24-hour concierge service, doormen, a gym and daily housekeeping, along with room service from Harry Cipriani Restaurant on the main floor.