celebrity news

A number of celebrities have been in the news recently regarding their New York City real estate. From historical figures such as Aaron Burr to more recent celebrities such as Tommy Hilfiger and Leslie Alexander, her is what is going on with celebrity NYC real estate lately.

Aaron Burr Home Hits the Market

Situated on land once owned by the Revolutionary War figure Aaron Burr, an 1800s townhouse at 17 Commerce Street has been placed on the market. Originally listed for $5.75 million, the home is now available for $5.495 million. This price still reflects a nearly $1 million price increase when compared to it selling price in 2013.

Dating back to 1830, the original home was torn down and rebuilt by Abraham Bogert six years prior to Burr’s death. While Burr owned the land on which it sits, it is believed that he never actually lived in the home. Instead, it served as part of his country estate, Richmond Hill, which once stood at Bedford and Downing streets in the West Village.

While the house is relatively small, it is quite stately. Features include two to three bedrooms, a small garden and numerous pineapple motifs, which are considered to be a symbol of hospitality.

Tommy Hilfiger to Keep Hotel Penthouse

On and off the market since 2008, Tommy Hilfiger’s Plaza Hotel penthouse has been taken off the market once again. Following a decade of trying to sell the property at a cost as high as $80 million, the fashion mogul has reportedly decided to keep the property.

Hilfiger and his wife, Dee Ocleppo, purchased the unfinished penthouse in 2008 for $25.5 million. Shortly after making the purchase, the couple re-listed the apartment for $50 million. Rather than lower the price, Hilfiger put an additional $20 million into renovating the penthouse before relisting it in October 2013 for $80 million. In March 2015, the price was reduced to $75 million. It was reduced once more in January 2016 to $68.95 million and then again in November 2016 to $58.9 million. It then sat on the market at that price until it was recently removed from the market once again.

Houston Rockets Owner Puts Baccarat Condo on the Market

Houston Rockers owner and billionaire Leslie Alexander has placed his Baccarat Hotel & Residences condo on the market for $21.5 million. Alexander purchased the unit in June 2015 for $20.6 million. That same year, he put his Gramercy Park penthouse on the market for $47.5 million. After failing to find a buyer for two years, Alexander has taken the property back off the market. He reportedly paid $42 million when he purchased the property.

Located on the 44th floor of the 50-story building, the four-bedroom, 4.5-bathroom condo boasts 4,545 square feet. Other features of the full-floor apartment include Miele and Sub Zero appliances, 11-foot-tall ceilings, wide oak flooring with a mahogany stain, white marble slab baths, granite countertops and ensuite bathrooms.

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