And … cut! Tribeca Film Festival founders drop Dakota co-op ask to $29M

The home was previously on the market for $39M

New York /
May.May 04, 2017 11:45 AM

Film producer Jane Rosenthal and her ex-husband real estate investor Craig Hatkoff, have slashed the asking price of their Dakota apartment by $10 million, or 25 percent.

The former couple, who founded the Tribeca film festival with Robert DeNiro, first listed the apartment last March for $39 million.

The home is now back on the market, the New York Post reported, this time with Douglas Elliman’s Ann Cutbill Lenane. The apartment was originally two separate units and now spans over 7,500 square feet. It features five bedrooms, seven bathrooms and 11-foot ceilings, according to the newspaper.

The Dakota is one the city’s most storied buildings,  and people like Yoko Ono and Robert Flack live there. There’s been several notable price cuts at the building, including apartment 77, which has gone from $16.7 million in January of 2016 down to its current asking price of $10.2 million.

Price cuts sometimes work though. Last month Demi Moore sold her San Remo apartment for $45 million, which was $30 million less than its original asking price. [NYP]Miriam Hall


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Nile Niami and "The One" mansion (Getty)

Country’s most outrageous spec home to hit market

Country’s most outrageous spec home to hit market
Slate Property's CEO Martin Nussbaum (West End 87)

Scale Lending originates $38M inventory loan for unsold UWS condos

Scale Lending originates $38M inventory loan for unsold UWS condos
Council member Barry Grodenchik (Getty; iStock)

“Absolute craziness”: Critics slam bill requiring sprinklers in every apartment

“Absolute craziness”: Critics slam bill requiring sprinklers in every apartment
Shenzhen New World chairman Wei Huang and José Huizar (Getty)

“Casino Loyale”: Developers, ex-LA deputy mayor indicted in Huizar corruption scandal

“Casino Loyale”: Developers, ex-LA deputy mayor indicted in Huizar corruption scandal
Knotel CEO Amol Sarva (Sasha Maslov, Knotel, iStock)

Evictions, unpaid vendors and back rent: Lawsuits mounting against Knotel

Evictions, unpaid vendors and back rent: Lawsuits mounting against Knotel
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...