The Real Deal New York

Hearst’s “castle” on the UWS slashes ask by $14M

Corcoran now marketing pad at 137 Riverside Drive

April 06, 2015 02:00PM


137 Riverside Drive on the Upper West Side (inset: From left, Joy Handler, Fabienne Lecole and William Randolph Hearst)

A triplex penthouse at 137 Riverside Drive once owned by newspaper magnate William Randolph Hearst has chopped its asking price to $24 million, a $14 million discount from the original ask.

The unit’s current owner, Benedict Silverman, a businessman and art collector who bought the place in the 1990s, also switched brokerages, from Brown Harris Stevens to the Corcoran Group’s Joy Handler and Fabienne Lecole. The pad originally hit the market in March 2014 for $38 million.

137-2Hearst bought the entire Upper West Side building for less than $1 million in 1913, the New York Daily News reported. The 7,000-square-foot apartment contains seven bedrooms and seven-and-a-half bathrooms and has an additional 7,000 square feet of outdoor terrace space.

The home also features a Tiffany chandelier and a glass-enclosed solarium looking out over the Hudson River. “The penthouse is an aesthetic tour de force,” Handler said. [NYDN] — Tess Hofmann