Frank Sinatra and 530 East 72nd Street

Updated, 11:41 a.m., May 16: Start spreading the news — Frank Sinatra’s former Upper East Side penthouse has found a buyer, the New York Post reported.

The 3,200-square-foot, four-bedroom, four-plus-bathroom co-op is located at 530 East 72nd Street, and an offer from the daughter of a Chinese technology magnate has been accepted, sources told the Post, though the apartment is not yet in contract. It was last listed for $5.5 million with Rubicon Property’s Jason Haber, after dropping down from its original $7.7 million ask. [more]

Frank Sinatra and 530 East 72nd Street

A Manhattan penthouse built for Frank Sinatra is set to hit the market next week for $7.7 million, according to the New York Post. Sinatra purchased the 3,000-square-foot duplex unit, at 530 East 72nd Street, in 1961 and helped design it during construction. The co-op apartment has four bedrooms, six bathrooms and a glass staircase connecting its 22nd floor square-footage with that on the 23rd floor. It also has 2,000 square feet of wraparound terraces. [more]

A developer’s plan to turn the West Side Tennis Club’s historic stadium into condominium units has incited some critics to look into getting landmark status for the site, according to the Wall Street Journal. The 15,000-seat Forest Hills stadium, which once hosted the U.S. Open and concerts by the Beatles, Frank Sinatra and Jimi Hendrix, is slated for a $9 million overhaul that would replace its interior with 75 luxury condos but keep its façade and arches intact, under a proposal by Cord Meyer Development. The company also said it would pay $750,000 for a permanent structure over the club’s clay tennis courts that would allow for their use year-round. Some local officials, including U.S. Rep. Anthony Weiner, who lives nearby, and City Council member Karen Koslowitz, have submitted a letter to the Landmarks Preservation Commission asking for a designation that would prevent such changes to the structure. Still, at a meeting Tuesday night when the design plans were unveiled, most members of the tennis club agreed that some kind of change was necessary for the stadium, which has sat empty and neglected for years, even if they didn’t support the condo proposal. A vote by club members — the proposal needs two-thirds to pass — has been pushed back to Sept. 23. Following that vote, the plan would need final approval from the Forest Hills Gardens Corp. [WSJ]

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Oliver Stone is considering using a $140,000 rental unit at Waldorf Towers in a movie

A six-bedroom, 6,000-square-foot apartment at the Waldorf Towers at 100
East 50th Street is on the market for $140,000 a month. If it rents, it will mark the highest price ever paid for a rental unit in the city. Cole Porter and Frank Sinatra have both lived
in the unit. Filmmaker Oliver Stone is reportedly considering it for
use in a film. Margaret Bay of Brown Harris Stevens, who has the
listing, said the last tenant left in April after renting the apartment
for five months, and it has been rented on a per-day or per-week basis
since then. … [more]