{"id":1282278,"date":"2015-02-02T17:20:49","date_gmt":"2015-02-02T22:20:49","guid":{"rendered":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/?p=1282278"},"modified":"2015-02-02T19:57:41","modified_gmt":"2015-02-03T00:57:41","slug":"pierre-hotel-penthouse-price-tag-dips-drastically-63-million","status":"publish","type":"post","link":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/pierre-hotel-penthouse-price-tag-dips-drastically-63-million\/","title":{"rendered":"Pierre Hotel Penthouse Price Tag Drastically Dips to $63 Million"},"content":{"rendered":"<p>In <em>Sunset Boulevard<\/em>, actress <strong>Gloria Swanson<\/strong> plays a former silent film star waiting to be rediscovered by <strong>Cecile B. DeMille<\/strong> in the new era of \u201ctalkies\u201d (sound movies). On Fifth Avenue in New York, the Pierre Hotel\u2019s palatial triplex penthouse may be the sad real estate equivalent to Swanson\u2019s desperate character\u2014based on recent evidence.<\/p>\n<p>Like Swason\u2019s character, the historic Pierre penthouse is a bygone treasure waiting to be rediscovered, but so far no one is buying, causing the unthinkable\u2014the price has been slashed in half! Should we lament the opulent apartment who\u2019s value fell from $125 million in 2013 to an inconceivable $63 million today?<\/p>\n<figure id=\"attachment_1390653\" aria-describedby=\"caption-attachment-1390653\" style=\"width: 1396px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.42-AM.png\" rel=\"http:\/\/www.bhsusa.com\/manhattan\/upper-east-side\/795-fifth-avenue\/coop\/12025971#\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-1390653 size-full\" title=\"http:\/\/www.bhsusa.com\/manhattan\/upper-east-side\/795-fifth-avenue\/coop\/12025971#\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.42-AM.png\" alt=\"The Pierre Hotel's iconic mansard rooftop perched above the triplex penthouse.\" width=\"1396\" height=\"862\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.42-AM.png 1396w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.42-AM-300x185.png 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.42-AM-1024x632.png 1024w\" sizes=\"(max-width: 1396px) 100vw, 1396px\" \/><\/a><figcaption id=\"caption-attachment-1390653\" class=\"wp-caption-text\">The Pierre Hotel&#8217;s iconic mansard rooftop perched above the triplex penthouse.<\/figcaption><\/figure>\n<figure id=\"attachment_1390647\" aria-describedby=\"caption-attachment-1390647\" style=\"width: 1392px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.59-AM.png\" rel=\"http:\/\/www.bhsusa.com\/manhattan\/upper-east-side\/795-fifth-avenue\/coop\/12025971#\"><img decoding=\"async\" class=\"wp-image-1390647 size-full\" title=\"http:\/\/www.bhsusa.com\/manhattan\/upper-east-side\/795-fifth-avenue\/coop\/12025971#\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.59-AM.png\" alt=\"The home's ballroom boasts 23-foot-ceilings, arched window areas and elaborate chandeliers.\" width=\"1392\" height=\"926\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.59-AM.png 1392w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.59-AM-300x199.png 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.59-AM-1024x681.png 1024w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.59-AM-720x480.png 720w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.59-AM-222x148.png 222w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.59-AM-702x468.png 702w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.59-AM-180x120.png 180w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.59-AM-90x60.png 90w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.59-AM-294x196.png 294w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.59-AM-351x234.png 351w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.59-AM-150x100.png 150w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.59-AM-381x254.png 381w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.59-AM-280x186.png 280w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.03.59-AM-341x228.png 341w\" sizes=\"(max-width: 1392px) 100vw, 1392px\" \/><\/a><figcaption id=\"caption-attachment-1390647\" class=\"wp-caption-text\">The home&#8217;s ballroom boasts 23-foot-ceilings, window archways and elaborate chandeliers.<\/figcaption><\/figure>\n<p>It\u2019s hard to pity a luxury New York City landmark, but this fall from grace is shocking given the bullish Manhattan real estate market which broke records for expensive home sales records in 2014.<\/p>\n<p>The penthouse was formerly owned by the late <strong>Martin Zweig<\/strong>, financial expert and stock market crash predictor, whose widow later downgraded to an apartment on a lower floor, according to <em>Curbed<\/em>. The prominent triplex also was featured in movies such as <em>Arthur<\/em> and <em>Meet Joe Black<\/em>. So why won\u2019t anyone pony up an amount worthy of the Pierre penthouse\u2019s former glory? And what triggered its precipitous devaluation?<\/p>\n<p>The most obvious reasons: it was grossly overpriced and\/or the impact of nearby contemporary skyscrapers are undercutting it. Mega towers are popping up along 57th Street\u2019s billionaire row with enviable views of Central Park, modern features and luxurious amenities\u2014usually for less investment than the nearby Pierre penthouse\u2019s original asking price.<\/p>\n<figure id=\"attachment_1390648\" aria-describedby=\"caption-attachment-1390648\" style=\"width: 1396px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.31-AM.png\" rel=\"http:\/\/www.bhsusa.com\/manhattan\/upper-east-side\/795-fifth-avenue\/coop\/12025971#\"><img decoding=\"async\" class=\"wp-image-1390648 size-full\" title=\"http:\/\/www.bhsusa.com\/manhattan\/upper-east-side\/795-fifth-avenue\/coop\/12025971#\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.31-AM.png\" alt=\"The famous five-bedroom and seven bathroom penthouse was featured in the films Arthur and Meet Joe Black.\" width=\"1396\" height=\"928\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.31-AM.png 1396w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.31-AM-300x199.png 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.31-AM-1024x680.png 1024w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.31-AM-720x480.png 720w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.31-AM-222x148.png 222w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.31-AM-702x468.png 702w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.31-AM-180x120.png 180w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.31-AM-90x60.png 90w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.31-AM-294x196.png 294w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.31-AM-351x234.png 351w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.31-AM-150x100.png 150w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.31-AM-381x254.png 381w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.31-AM-280x186.png 280w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.31-AM-341x228.png 341w\" sizes=\"(max-width: 1396px) 100vw, 1396px\" \/><\/a><figcaption id=\"caption-attachment-1390648\" class=\"wp-caption-text\">The famous penthouse was featured in the films Arthur and Meet Joe Black.<\/figcaption><\/figure>\n<figure id=\"attachment_1390652\" aria-describedby=\"caption-attachment-1390652\" style=\"width: 1394px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.14-AM.png\" rel=\"http:\/\/www.bhsusa.com\/manhattan\/upper-east-side\/795-fifth-avenue\/coop\/12025971#\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1390652 size-full\" title=\"http:\/\/www.bhsusa.com\/manhattan\/upper-east-side\/795-fifth-avenue\/coop\/12025971#\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.14-AM.png\" alt=\"The paneled library with fireplace.\" width=\"1394\" height=\"930\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.14-AM.png 1394w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.14-AM-300x200.png 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.14-AM-1024x683.png 1024w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.14-AM-720x480.png 720w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.14-AM-222x148.png 222w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.14-AM-702x468.png 702w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.14-AM-180x120.png 180w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.14-AM-90x60.png 90w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.14-AM-294x196.png 294w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.14-AM-351x234.png 351w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.14-AM-150x100.png 150w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.14-AM-381x254.png 381w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.14-AM-590x394.png 590w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.14-AM-280x186.png 280w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.04.14-AM-341x228.png 341w\" sizes=\"(max-width: 1394px) 100vw, 1394px\" \/><\/a><figcaption id=\"caption-attachment-1390652\" class=\"wp-caption-text\">The paneled library with fireplace.<\/figcaption><\/figure>\n<p>The 16-room French chateau apartment at 795 Fifth Avenue\u2014with the mansard roof that has become a Manhattan skyline icon\u2014was first listed in the spring of 2013 for $125 million. By December the price was cut to $95 million before it was taken off the market again on Christmas Eve according to <em>Curbed<\/em>. It recently re-emerged priced to sell, via Brown Harris Stevens, with the half-off discount of $63 million.<\/p>\n<p>Built in 1929, the \u201cfive or more bedrooms\u201d Pierre Hotel penthouse still retains its classic New York majesty with elaborate chandeliers dangling from 23-foot ballroom ceilings, cozy sitting rooms, a paneled library, four fireplaces, an interior elevator, terraces in each of the building\u2019s four corners, and one of Manhattan\u2019s best views of Central Park.<\/p>\n<figure id=\"attachment_1390650\" aria-describedby=\"caption-attachment-1390650\" style=\"width: 1400px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.13-AM.png\" rel=\"http:\/\/www.bhsusa.com\/manhattan\/upper-east-side\/795-fifth-avenue\/coop\/12025971#\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1390650 size-full\" title=\"http:\/\/www.bhsusa.com\/manhattan\/upper-east-side\/795-fifth-avenue\/coop\/12025971#\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.13-AM.png\" alt=\"The apartment features panoramic terraces at each of the four corners of the building.\" width=\"1400\" height=\"932\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.13-AM.png 1400w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.13-AM-300x199.png 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.13-AM-1024x681.png 1024w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.13-AM-720x480.png 720w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.13-AM-222x148.png 222w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.13-AM-702x468.png 702w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.13-AM-180x120.png 180w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.13-AM-90x60.png 90w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.13-AM-294x196.png 294w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.13-AM-351x234.png 351w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.13-AM-150x100.png 150w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.13-AM-381x254.png 381w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.13-AM-590x394.png 590w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.13-AM-280x186.png 280w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.13-AM-341x228.png 341w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/a><figcaption id=\"caption-attachment-1390650\" class=\"wp-caption-text\">The apartment features panoramic terraces at each of the four corners of the building.<\/figcaption><\/figure>\n<figure id=\"attachment_1390649\" aria-describedby=\"caption-attachment-1390649\" style=\"width: 1394px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.33-AM.png\" rel=\"http:\/\/www.bhsusa.com\/manhattan\/upper-east-side\/795-fifth-avenue\/coop\/12025971#\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1390649 size-full\" title=\"http:\/\/www.bhsusa.com\/manhattan\/upper-east-side\/795-fifth-avenue\/coop\/12025971#\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.33-AM.png\" alt=\"The Pierre penthouse has perhaps Manhattan's best view of Central Park.\" width=\"1394\" height=\"922\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.33-AM.png 1394w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.33-AM-300x198.png 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.33-AM-1024x677.png 1024w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.33-AM-222x148.png 222w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.33-AM-180x120.png 180w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.33-AM-90x60.png 90w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.33-AM-150x100.png 150w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2015\/02\/Screen-Shot-2015-02-02-at-1.05.33-AM-280x186.png 280w\" sizes=\"(max-width: 1394px) 100vw, 1394px\" \/><\/a><figcaption id=\"caption-attachment-1390649\" class=\"wp-caption-text\">The Pierre penthouse has one of Manhattan&#8217;s best views of Central Park.<\/figcaption><\/figure>\n<p>In <em>Sunset Boulevard<\/em>, Swanson\u2019s character says, \u201cThe stars are ageless, aren\u2019t they?\u201d In the age of these whippersnapper modern skyscrapers, the owner of the Pierre Hotel penthouse certainly hopes so.<\/p>\n<p>Once owned by J. Paul Getty, the Pierre is the tallest prewar building along Central Park which includes the luxury hotel and private residences such as the penthouse triplex. Now it\u2019s searching for a modern-day Getty or Rockefeller to save the day. But more than likely, it will take an old-fashioned oligarch with old money.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The famous Pierre penthouse still struggles to sell which recently caused the owner to slash the price in half to $63 million.<\/p>\n","protected":false},"author":57,"featured_media":1390647,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1749,1],"tags":[7884,7883,7881,7882],"class_list":["post-1282278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hlrn","category-news","tag-795-fifth-avenue","tag-martin-zwieg","tag-pierre-hotel","tag-pierre-penthouse","market-mid-town-manahatan","market-new-york","market-united-states","style-classic","style-french-country","speciality-luxury-real-estate-2"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pierre Hotel Penthouse Price Tag Drastically Dips to $63 Million<\/title>\n<meta name=\"description\" content=\"The famous Pierre penthouse still struggles to sell, recently causing its owner to slash its price in half.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/pierre-hotel-penthouse-price-tag-dips-drastically-63-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pierre Hotel Penthouse Price Tag Drastically Dips to $63 Million\" \/>\n<meta property=\"og:description\" content=\"The famous Pierre penthouse still struggles to sell, recently causing its owner to slash its price in half.\" \/>\n<meta property=\"og:url\" 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