Frank Sinatra's Former NYC Penthouse Gets Another Price Cut
When Frank Sinatra partied in this "glittering grotto in the sky," there was no glass staircase modeled after the Apple store. No iPads in the wall, either. His former penthouse on a secluded, dead-end cul-de-sac in Manhattan has been completely redone, but it still has the private location he loved at The Edgewater, a white-glove building overlooking the river.
According to listing agent Jacky Teplitzky of Douglas Elliman, the remodeled Rat Pack hangout at 530 East 72nd St. in Lenox Hill was a party destination for Mia Farrow, President Kennedy and Sammy Davis, Jr. in the 1960s. (The latter reportedly threw champagne glasses off the balcony.)
"He didn't choose the typical 5th Avenue, Park Avenue, Central Park West, you know, glitzy environment," Teplitzky said. "He wanted to be more secluded."
The 3,200-square-foot residence has four bedrooms, four bathrooms, floor-to-ceiling windows and two wraparound terraces. The master suite upstairs includes a wet bar, and the master bedroom is elevated. Andy Warhol gave nicknamed the home the "glittering grotto."
The current owner bought it in 2008 and re-did the inside. She never lived there, Teplitzky said, having decided that she liked another apartment better. The apartment has been slow to sell. It was originally listed for $7.7 million. Teplitzky is the second agent to try to sell it, and after four months she said she has some serious interest. She dropped the price in March from $5.595 million to the current price of $4.995 million.
The interior is like a piece of art, Teplitzky said, and the home has a unique location and history. But perhaps the best thing about it, for a New Yorker? The cul-de-sac location means you can almost always get a taxi.