Real Estate Mogul Barbara Corcoran lists her $12 million luxury penthouse for sale on the market.
Barbara Corcoran, the brilliant mind behind The Corcoran Group and a stalwart on "Shark Tank", is parting ways with her cherished Upper East Side penthouse. Located in the prestigious Carnegie Hill neighborhood, just a stone's throw from Central Park, this lavish residence has been Corcoran's pride and joy.
Corcoran put her dream home on the market recently with a whopping $12 million asking price, as reported by The New York Times. The sale is being handled by none other than Corcoran brokers, Scott Stewart and Carrie Chiang.
The news comes with a heavy heart for Corcoran, who expressed her sentiments on Instagram, "Real estate is always emotional, but I never thought I'd say goodbye to this beautiful palace in the sky... I hope the special person who buys it cherishes it as much as I do!"
A Tale of Love, Renovation, and Central Park Views
Corcoran first laid eyes on the penthouse in the early 1990s while working as a package courier. Enamored by its terrace and Central Park views, she reached out to the owner, expressing her interest in purchasing it if it ever went up for sale. Fast-forward to 2015, when Corcoran and her husband, Bill Higgins, finally had the opportunity to make the acquisition.
The couple undertook an extensive, $2 million renovation, transforming the residence over an 18-month period. The redesign flipped the upstairs and downstairs floor plans, converted a greenhouse into a dining room, and added a chef's kitchen next to a terrace. The only original feature retained was the curved staircase.
The Penthouse's Unmatched Charm
The penthouse boasts nearly 4,600 square feet across two floors. It boasts a spacious living room, featuring oversized windows offering breathtaking views of Central Park, soaring ceilings, a wood-burning fireplace, and elegant custom moldings. The home also offers a library and a service wing, making it perfect for elegant dinner parties and cosy evenings at home.
The solarium, formerly a greenhouse, serves as an exquisite dining area, fitting in an abundance of seating for everyday meals and hosting large dinner parties. Adjacent to the solarium lies a large outdoor terrace, extending your living space into the great outdoors.
With its exceptional amenities, breathtaking views, and prime location, Barbara Corcoran's Upper East Side penthouse has been the epitome of luxury living. Although it's time for Corcoran and Higgins to embark on their next chapter, there's no denying that this penthouse will leave a lasting impression on city living.
- Barbara Corcoran's decision to sell her Upper East Side penthouse, listed at an asking price of $12 million, marks the end of a cherished chapter in her life, as she reminisces about her emotional attachment to the home.
- Originally captivated by the penthouse's terrace and Central Park views in the 1990s, Corcoran's acquisition of the property in 2015 came after a long wait, following a extensive $2 million renovation that preserved the curved staircase while flipping the floor plans and adding amenities such as a chef's kitchen.
- The luxurious two-story, 4,600 square foot penthouse boasts a spacious living room with a Central Park view, soaring ceilings, a fireplace, and custom moldings, making it perfect for elegant dinner parties or cozy evenings at home, and also features a solarium-turned-dining area and a large outdoor terrace, offering an extension of living space into the great outdoors.
