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Turn On, Tune In, Drop $14 M. On an UES Penthouse

05/16/2013, By


Turn On, Tune In, Drop $14 M. On an UES Penthouse

We're more than a little jealous of the views.

We’re more than a little jealous of the views.

The Park Regis at 50 East 89th Streetisn’t what normally comes to mind when one thinks of $14 million penthouses. Built in 1974, it lacks the classical prewar touches of its Park and Fifth Avenue neighbors, and the standard unit sizes range from studios to two-bedrooms—not quite the palatial spreads that one expects from an eight-digit Upper East Side tower.

But what it lacks in outward beauty, the co-op makes up for with its interior and its views. Perched on the 32nd and 33rd floors, the unit has jaw-dropping views of Central Park, with just enough city in the frame to give it a Manhattan flavor (“Located in historic Carnegie Hill, The Park Regis offers the atmosphere of a small town,” the building description claims—unconvincingly, if you ask us, the UES being one of America’s densest neighborhoods), but not so much that you can’t make out every feature in the park. The Central Park Reservoir is especially prominent. The grand prewar apartments on Fifth and Park may have stately exteriors, but they generally top out at around half the height of the Park Regis.

tommytuneThe interior views aren’t half bad, either. The previous owner, Broadway legend Tommy Tune, combined a penthouse unit with the apartment downstairs. He then sold it for $6 million to its current owners and would-be sellers, Julia Kim and Stephen Rushmore, decamping to a magical tower apartment on the Far East Side.

The couple gave the apartment about as much attention as you could possibly ask for, with Ms. Kim quitting her banking job to spend all her time renovating the unit (terrace by Luciano Giubbilei, furniture by David Suterland, chandelier inspired by Dale Chihuly), according to a New York Times write-up back in 2007.

And the renovation appears to have paid off. The unit was featured in a coffee table book, which then caught the eye of Nieman Marcus, who sent a small army of people to do their fall shoot at the apartment a few weeks ago, according to broker Kianna Choi with Bond New York. We assume that Ms. Kim and Mr. Rushmore—who appear to be quite the clotheshounds from the look of their massive, customized closet—were thrilled.

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