Developer Larry Silverstein Lists Park Avenue Home for $13.9 Million

Home/Developer Larry Silverstein Lists Park Avenue Home for $13.9 Million

Developer Larry Silverstein Lists Park Avenue Home for $13.9 Million

This post was originally published on this site

Developer Larry Silverstein and his wife, Klara, are listing their home at 500 Park Avenue in Midtown for $13.9 million.

Developer Larry Silverstein and his wife, Klara, are listing their home at 500 Park Avenue in Midtown for $13.9 million.


Photo:

Allyson Lubow/The Corcoran Group

After spending over 33 years in the same Park Avenue apartment,

Larry Silverstein,

the man behind the redevelopment of much of the World Trade Center site in lower Manhattan, is selling his home to move downtown.

Mr. Silverstein, 86, and his wife Klara, 85, are listing their home at 500 Park Avenue in Midtown for $13.9 million. They’ve lived in the five-bedroom home since they moved from White Plains, N.Y., after their children went off to college, he said.

The full-floor, 4,653-square-foot condominium has views of Central Park.

The full-floor, 4,653-square-foot condominium has views of Central Park.


Photo:

Allyson Lubow/The Corcoran Group

The full-floor, 4,653-square-foot condominium has a spacious living room for entertaining with views of Central Park, a paneled library and a dining room. Mr. Silverstein noted the use of sliding doors to separate the living and dining rooms, which could be left open to give a sense of space when entertaining but closed for privacy if necessary.

Mr. Silverstein said he couldn’t remember exactly what he’d paid for the home, but it was “significantly less” than its value today.

The couple is moving to 30 Park Place, a downtown condominium recently completed by Mr. Silverstein’s eponymous company, which is two blocks from his office at the trade center. From their window, he and his wife will be able to peer out at the office buildings 3 World Trade Center and 4 World Trade Center, which his company built. Mr. Silverstein’s daughter,

Lisa Silverstein,

and her family are also moving into the building, into a lower floor, he said.

“We’ll have our own compound up in the sky,” he said. The developer also joked that his 12-year-old grandson had promised to show him how to use his skateboard to tackle the short commute to the office. “We’re in active discussions about it,” he said.

Agents

Meredith Verona

and

Betsy Messerschmitt

of the Corcoran Group have the Park Avenue listing.

By | 2017-12-18T16:44:48+00:00 December 18th, 2017|Comments Off on Developer Larry Silverstein Lists Park Avenue Home for $13.9 Million