Real Estate

Producer Sidney Kimmel sells Central Park mansion for $18.6M

Former “trophy homes” proceed to promote at loopy low costs. 

Nonagenarian billionaire movie producer Sidney Kimmel, whose credit embody “Crazy Rich Asians,”  simply bought his full-floor Central Park South unfold for $18.6 million.

That’s nearly $4 million much less than the $22.34 million he paid for it again in 2001, in line with property information. 

Other current discounted offers embody hedge fund supervisor Alan Howard shopping for Vince Viola’s Upper East Side “Versailles” mansion for $59 million — down from its authentic $114 million ask. Michael Daffey, a veteran ex-Goldman Sachs honcho, shopping for the late pedophile Jeffrey Epstein’s mansion for $51 million, down from its $88 million ask. 

Kimmel made his fortune with the Jones Apparel Group, then moved into producing movies. He and his spouse Caroline first listed the condominium at 50 Central Park South, often called the Ritz-Carlton Residences, for $39.5 million again in 2018. 

The Twenty seventh-floor unit, designed by Thierry Despont, was profiled in Architectural Digest. It options 6,829 sq. ft of inside area, and Central Park Views from its 1,374 sq. ft of outside area. 

The residence opens to a non-public touchdown and a lobby with Lalique home windows. Details embody an vintage marble-clad fire in the lounge, which connects to a wood-paneled library. There’s additionally a proper eating room, an eat-in kitchen, a fitness center and a 2,000-square-foot principal bed room.

Building facilities embody entry to the resort’s fitness center and La Prairie Spa.

The itemizing brokers have been Douglas Elliman’s Steven Cohen, Timothy Malone, and James Lee Wall. 

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