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Real Estate Agents Hungry For Huguette Clark's 42-Room Apartment
By
Christopher Robbins
Published Jun 1, 2011
Modified Jun 1, 2011
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By
Christopher Robbins
Published Jun 1, 2011
Modified Jun 1, 2011
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Now that reclusive heiress Huguette Clark is dead, we can begin focusing on the important details of her estate. No, not whether the ongoing investigation of her attorney and accountant for mismanaging her funds. Her massive friggin' apartment! And the Observer reports that amongst the city's real estate sect, there's blood in the water. One broker claims that "never before has there been an apartment of this scale under the same ownership forever," while another says "It could get crazy rather quickly." New York real estate gone crazy? Now THATS a scoop!
At 42 rooms and 15,000 square feet, the apartment takes up two levels of the co-op at 907 Fifth Ave. Clark herself hadn't lived there in over 22 years, preferring the comfort and assistance received in a private room at Beth Israel. An author who has researched the Clark family properties notes that "If you stood with your back to the fireplace in the library, you could see out to Central Park through the living room window that is almost 110 feet away!" The Observer pegs the apartment's value around $60-$75 million, but media outlets have guessed as high as $100 million.
Now all the commission-hungry real estate jackals have to do is find a buyer who can afford such a place. One real estate mogul says "I don't know who wants 42 rooms. They're all dead or bankrupt." If that's the case, maybe Rupert Murdoch can move out of his apartment: it has a paltry 15 rooms.
Tagged
gilded age
huguette clark
luxury rentals
new york real estate
real estate
Christopher Robbins
Christopher Robbins is a New York City reporter covering transportation, affordable housing, local politics, and criminal justice. His work has also appeared in New York Magazine, The Village Voice and The New York Times. Chris is a graduate of Patrick Henry High School in Roanoke, Virginia, and enjoys biking to Fort Tilden in the summertime.
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