General News

Steven Mnuchin finally nabs buyer for $25M ‘world’s richest constructing’ pad

Former US Treasury Secretary Steven Mnuchin‘s condo on the tony 740 Park Ave. has finally discovered a buyer, due to a hefty COVID low cost. 

The swanky house first hit the market for $32.5 million in 2018 however was right down to $25.75 million final August. 

Although its finest perk could also be its location inside “the world’s richest constructing,” in response to creator Michael Gross, the 12-room duplex notably options 5 bedrooms and its personal elevator touchdown.

It additionally options 11 foot ceilings, a number of woodburning fireplaces, a big white chef’s kitchen and a curved staircase with the unique banister.  

It’s on the building’s eighth and ninth flooring. 

Mnuchin purchased the house some 20 years in the past from his aunt, Carol Terner Lederman for $10.5 million. Terner Lederman, who declined remark, can be one of many itemizing brokers alongside together with her daughter Judy Kloner, each of Warburg Realty. 

A curved staircase with an original banister connects the two levels.
A curved staircase with an unique banister connects the 2 ranges.
Warburg Realty
The home has multiple fireplaces and spacious areas for entertaining.
The house has a number of fireplaces and spacious areas for entertaining.
Warburg Realty
The new buyer will get five bedrooms.
The brand new buyer will get 5 bedrooms.
Warburg Realty

The constructing was designed by Rosario Candela and developed by Jackie Kennedy Onassis’s grandfather, James T. Lee. 

It is among the metropolis’s most unique addresses. Previous and current residents embody Vera Wang, Blackstone Group’s Stephen Schwarzman and Leon Black, a co-founder and former CEO of Apollo International Administration, who got here underneath fireplace for his monetary relationship with pedophile Jeffrey Epstein. 

About the author

Tina Sanders

Tina is the mind behind Gruntstuff.com, and she ideated it when she was working for an online magazine company where she used to cover US-based headlines news. She holds a degree in journalism and has more than 4.5 years of experience in an online magazine company. She had the idea while working there but when she was quite sure about starting something on her own, she took the risk and left the job to start Gruntstuff. Since then she added a few team members, and along with them, she creates General US news content on the site.

Add Comment

Click here to post a comment

Get in Touch!

To get in touch with gruntstuff or to tell us about a Story or Press Release, just send an email to gruntstuffnews @ gmail.com
. And, we will get back to you shortly.