Susan Sarandon Lists Dramatic Duplex Loft in NYC for $7.9M

The Academy Award-winner Susan Sarandon has listed her Manhattan loft for $7.9 million. The actress and activist has lived in the spot for 30 years. The post Susan Sarandon Lists Dramatic Duplex Loft in NYC for $7.9M appeared first on Real Estate News & Insights | realtor.com®.

Susan Sarandon Lists Dramatic Duplex Loft in NYC for $7.9M

The Academy Award-winning actress and activist Susan Sarandon has listed her marvelous Manhattan loft for $7.9 million. 

The star of “Thelma and Louise” has lived in the spot for the last 30 years. She bought the Chelsea duplex in 1991, with her former partner, Tim Robbins. After the couple split, she took on sole ownership in 2011. 

Now, she, too, has decided it’s time to move on from the two-story abode, and has listed the home with Nikki Field and Mara Flash Blum, both with Sotheby’s International Realty.

“The loft is over 6,000 square feet, and as hard as it is to let the wonderful memories go, she has made the decision to downsize. It is time for some lucky purchaser to make it their own,” Blum says.

Kitchen and dining space

Eitan Gamliely for Sotheby’s International Realty

Library

Eitan Gamliely for Sotheby’s International Realty

Fireplace

Eitan Gamliely for Sotheby’s International Realty

Main bedroom

Eitan Gamliely for Sotheby’s International Realty

View of the Empire State Building

Eitan Gamliely for Sotheby’s International Realty

Lower level

Eitan Gamliely for Sotheby’s International Realty

Bathroom with Sarandon’s awards

Eitan Gamliely for Sotheby’s International Realty

The layout combines two apartments connected by a staircase, and covers two floors.

There are five bedrooms, plus an office or library, which could be converted into an additional bedroom, according to the listing details. Located in La Fabrique, a boutique loft building, the space features vistas of Manhattan from four exposures, which can be viewed from a terrace and balcony.

Located on the seventh and eighth floors, each with a separate entrance, and accessed by private, keyed elevator, the storied apartment has hosted many an artist and actor. A blue bathroom is a showcase for Sarandon’s many accolades.

The expansive interior features a large living space, open kitchen and dining area, lounge area, main bedroom, a guest suite, ample storage, and a laundry room. 

A main bedroom looks out onto the Empire State Building, and comes with a balcony, soaking tub, en suite windowed bathroom, and dressing room.

The custom staircase leads down one floor for three more bedrooms, a den or playroom, open kitchen, two baths, and a huge, 43-foot terrace.

According to the listing description, “The colossal living space was used for the Oscar-winning owner’s children’s theatre pieces, dance recitals, and celebrity dance performances, complete with a curved staircase used for audience seating.”

Although it may have been designed with her large family in mind, this spacious place could now easily work as an urban oasis for a new owner to live in, work, and enjoy.

“Exactly what today’s buyer is hoping to find: grand-scale rooms, architectural details, dramatic downtown views, outside space, private elevator landing in [a] boutique building, and interesting celebrity provenance,” says Field, who adds there is “plenty of room for friends and family on the private guest floor.”

Sarandon is downsizing to an apartment nearby. As she told the Wall Street Journal, “I’ve always been a New Yorker, and I’ll continue to be a New Yorker.” 

The post Susan Sarandon Lists Dramatic Duplex Loft in NYC for $7.9M appeared first on Real Estate News & Insights | realtor.com®.

Source : Realtor More   

What's Your Reaction?

like
0
dislike
0
love
0
funny
0
angry
0
sad
0
wow
0

Next Article

New U.S. Home Sales Surge in June to Strongest Rate in 13 Years

New home sales rise across all regions to a rate of 776,000, above prior cycle-high of 774,000 recorded in January and the strongest it's been since July 2007. The post New U.S. Home Sales Surge in June to Strongest Rate in 13 Years appeared first on Real Estate News & Insights | realtor.com®.

New U.S. Home Sales Surge in June to Strongest Rate in 13 Years

The numbers: Sales of new single-family homes rose sharply for the second straight month in June, pushing the sales rate to its highest level in 13 years, according to data released Friday.

The annual sales pace for U.S. new-home sales rose 13.8% last month to 776,000, the Commerce Department said Friday. That’s above the prior cycle high of 774,000 hit in January and is the strongest since July 2007, according to the Mortgage Bankers Association.

Economists polled by MarketWatch had expected a June sales rate of 710,000, compared with an original May estimate of 676,000. On Friday, the government revised May’s rate to 682,000. That pushed the May rise in new home sales to 19.4%

What happened: Sales rose in all four regions, with the largest gain of 89.7% coming in the Northeast. June’s sales pace is 6.9% above a year earlier.

The median price of new homes was $329,200 in June. That is 5.6% above the price one year ago. There were 307,000 new homes estimated to be up for sale, which equates to a tight 4.7-month supply. A 6-month supply of homes is generally considered to be indicative of a balanced market.

Big picture: Only last month, one economist said it might take two years for new home sales to rise above January’s level. Housing is leading the recovery fueled by low mortgage interest rates. Some analysts also see an boost from workers deciding to move to the suburbs now that they can work from home. Mortgage applications for home purchases hit 11-year highs earlier this month. Still, the spread of the coronavirus in July adds some downside risk to the sector.

What are they saying? “The impact of falling mortgage rates – down 80 basis points this year – is more than offsetting the wave of Covid-induced job losses, which seem to be hitting younger renters rather than would-be homebuyers; the median buyer is 47 years of age, while the median restaurant employee is 29,” said Ian Shepherdson, chief economist at Pantheon Macroeconomics.

Market reaction: Stocks opened lower Friday on renewed tension between the Trump administration and China. The Dow Jones Industrial Average was down about 60 points in early trading, off earlier lows.

The post New U.S. Home Sales Surge in June to Strongest Rate in 13 Years appeared first on Real Estate News & Insights | realtor.com®.

Source : Realtor More   

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.