Exclusive | Gold-domed NYC penthouse fetches barely a third of its $25M ask
The Fifth Avenue aerie that sat for more than 500 days finally found a buyer — and the markdown is brutal.A 40-foot golden dome.Views of the Empire State Building from a private roof deck.
A front-row seat next to the Flatiron Building.None of it was enough to land a buyer at $25 million.The five-bedroom, 4.5-bathroom penthouse atop the Sohmer Piano Building at 170 Fifth Ave.
has sold for $9 million, The Post has learned. That marks a 64% drop from its November 2024 debut, and only a little more than the $7.2 million tech mogul Greg Carr paid for the raw space back in 2001.The purchaser is keeping a low profile.Records list the buyer as White Piano LLC, an entity with an East 20th Street mailing address.
The price slide was steady.After hitting the market at $25 million, the two-floor home was cut to $14.9 million and lingered on the market for 530 days.
Rather than keep waiting, Carr handed the keys to Concierge Auctions, which projected opening bids between $6 million and $9 million. Bidding opened at $8.25 million after the reserve was met, and the hammer fell live July 29 at Sotheby’s New York.Concierge later announced the sale as pending at $10.147 million.
Listing broker Claire Groome of Sotheby’s said the traditional route had run its course.“Auctions are really exciting, and people like doing them,” Groome said.“It’s the better way to move something that usually sits on the market otherwise.”Carr built Boston Technology and once chaired Prodigy.
He spent nearly 25 years hosting guests beneath the gilded cupola, and has said Lauren Bacall once danced there.These days Carr’s attention sits half a world away.He has steered more than $100 million toward wildlife conservation at Gorongosa National Park in Mozambique, and every dollar from this sale goes to the Gorongosa Project.He previously told The Post the home’s history was the draw from the start.“What initially drew me to this penthouse was the fact that it represents an extra...