Claude Wasserstein to list PH for $65M — $30M more than she paid in 2008

Ex-wife of late Lazard chair purchased the pad at 995 Fifth for $34.8M Art: listing, Claude

New York /
May.May 18, 2017 01:40 PM

Claude Wasserstein, the third wife of the late financier Bruce Wasserstein, is poised to list her palatial Upper East Side penthouse for $65 million — more than $30 million more than she paid for the duplex in 2008, sources told The Real Deal.

The 7,000-square-foot condop at the former Stanhope Hotel will be priced at $9,285 per square foot. Located at 995 Fifth Avenue, it has 11 rooms, including five bedrooms, and overlooks the Metropolitan Museum of Art. The apartment’s crown jewel is a wraparound terrace and landscaped rooftop garden, at a combined 5,000 square feet.

Brown Harris Stevens and Sotheby’s International Realty will share the listing.

The French-born Wasserstein, a former CBS news producer, purchased the penthouse in 2008 after divorcing Bruce — a former chair of investment firm Lazard, onetime owner of New York magazine and brother to the late playwright Wendy Wasserstein. Bruce Wasserstein died in 2009.

Property records show Wasserstein paid $34.8 million for the sponsor unit, which Extell Development delivered in “white-box” condition. The developer converted the Rosario Candela-designed building into 139 condos in 2005.

Wasserstein transformed the raw space into a home Vogue dubbed a “rooftop playhouse” in 2011. In addition to the apartment’s expansive terraces, its rooftop garden is landscaped with box hedges, birch trees, climbing roses and a vegetable garden. “I feel like I have a suburban house in the city with a cottage garden,” Wasserstein told the magazine. “I grew up in France, and I love flowers. I love that I can look out and feel I am in a garden with the New York landscape behind it.”

Wasserstein quietly shopped the pad for $65 million in 2010.


Related Articles

arrow_forward_ios
Here are the week’s top luxury sales
Here are the week’s top luxury sales
Here are the week’s top luxury sales
Clockwise from left: John D. Rockefeller, Izzy Englander, Steven Mnuchin, David Koch, Jacqueline Bouvier, and William Zeckendorf (Credit: Getty Images and StreetEasy)
For 15 years, David Koch lived at the world’s “richest building”
For 15 years, David Koch lived at the world’s “richest building”
Here are the week’s top luxury sales
Here are the week’s top luxury sales
Here are the week’s top luxury sales
Builders broke ground on more homes in August than had been predicted, as multifamily development surged. Single-family home construction, however, fell below expectations. (iStock)
August housing starts rose but single-family properties fell short
August housing starts rose but single-family properties fell short
Compass CEO Robert Reffkin and First Alliance Title co-founders Lon Welsh and Greg Parham (Compass, First Alliance)
Compass picks up another title company
Compass picks up another title company
Joshua Kushner and Karlie Kloss, with the Puck Building at 295 Lafayette Street (Photos via Getty, Ceros)
Joshua Kushner, Karlie Kloss selling Puck Penthouses condo
Joshua Kushner, Karlie Kloss selling Puck Penthouses condo
Blueground CEO Alex Chatzieleftheriou (Getty, LinkedIn via Chatzieleftheriou)
Blueground raises $140M in Series C equity, valuing startup at $750 million
Blueground raises $140M in Series C equity, valuing startup at $750 million
(Getty)
Freddie Mac study of 12 million appraisals shows racial disparity
Freddie Mac study of 12 million appraisals shows racial disparity
arrow_forward_ios

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

Loading...