Pure Property: Spring Fever

It’s the season of growth in the luxury real estate market, with fresh finds and amenities abloom from coast to coast.
Broadway producer Terry Allen Kramer’s H-shaped home on Palm Beach Island

by Nancy Kane

Penthouse 43A, atop the luxury tower known as 25 Park Row, combines a new build with a past that hits all the right notes in the “new downtown” near Manhattan’s One World Trade Center and Wall Street. The former site of New York’s first music superstore, J&R Music World, which opened in 1971, 25 Park Row is a 50-story condo designed by CookFox Architects. Listed for $12.5 million from Corcoran Sunshine Marketing Group, this 4-bedroom penthouse features two terraces and protected views of City Hall Park. Residents will find 20,000 square feet of abundant amenities that include a 65-foot swimming pool, a spa treatment room, a park-facing gym, private yoga, golf and billiards sporting areas, a furnished terrace complete with private lawn, an outdoor playspace and a meditation studio.

In Midtown, the duplex in Olympic Towers that Anne Hathaway once rented (with her then-boyfriend Raffaello Follieri) is for sale at $19.5 million. With floor-to-ceiling windows providing north, east and west views and a spectacular chef’s kitchen, wet bar and a 12-seat dining room, the home is perfect for entertaining. Five bedrooms provide ample light-filled space for guests and family to stay. Stribling has the listing.

Miami’s iconic Coconut Grove twin towers, Grove at Grand Bay, features the turnkey lifestyle that sunshine-seekers crave. At just shy of $11 million, this 5-bedroom contemporary, designed by Bjarke Ingels, is offered fully furnished and tailor-made for the art collector. Italian porcelain and hardwood floors throughout, and a sweeping gallery entrance—with custom wood-and-onyx walls—provides the perfect backdrop to a growing fine-art collection. Marble walls and custom built-ins in the living and dining spaces add drama—and of course, the views are a masterpiece. This listing is with Gabriela Dajer at One Sotheby’s Real Estate International.

Anne Hathaway’s former NYC apartment in Olympic Towers

On Palm Beach Island, Broadway producer Terry Allen Kramer’s “Billionaire’s Row” estate is listed off-market for $135 million, with Douglas Elliman. The Kinky Boots and Hello Dolly! hitmaker’s estate is the only home that sits directly on the ocean, stretching all the way to the Intracoastal Waterway. The 5-acre, 13-bedroom residence known as “La Follia” is reminiscent of Palm Beach’s heyday of the 1920s. The H-shaped home offers symmetrical facades to maximize the views, and features a fitness center alongside a tranquil pool and cabana. There’s also lush landscaping of the descending gardens and even a small orchard of citrus, mango and banana trees.

Aspen warms up with special listings like the home on Willoughby Way in Red Mountain. At just under $31 million, the David Johnston-designed modern estate, represented by Douglas Elliman, features soaring ceilings and views from Independence Pass to Pyramid Peak. With 7 en-suite bedrooms as well as a Bulthaup kitchen opening to a huge living space, this showplace is tailor-made for entertaining family and friends. Telescoping glass doors overlook generous outdoor patios, gorgeous landscaping and a pool.

This Aspen home holds 7 en-suite bedrooms.

“If you are looking for a contemporary home close to town, this is it. This East Aspen 6-bedroom is sophisticated in style, with beautiful interior design, an open floor plan and smart-home technology,” says Douglas Elliman’s Jennifer Engel, who—along with her listing partner, Marian Lansburgh—are agents for the $8,995,000 jewel. Situated on a coveted cul-de-sac with stunning views of Aspen Mountain and Independence Pass, the Northway Drive residence features media and wine rooms, a hot tub, expansive decks and yard.

In Los Angeles, the Brentwood home of Tesla and SpaceX impresario Elon Musk, a 4-bed, 4-bath midcentury gem, affords views of city, canyon and ocean and is on the market with Hilton & Hyland for $4.49 million. The open floor plan features floor-to-ceiling glass sliding doors, creating indoor-outdoor living at your fingertips. The boomerang-shaped residence is outfitted with sustainable features such as a dual tankless hot water system and dual-zone climate control, in keeping with the owner’s eco-conscious lifestyle. A saltwater pool and patio, as well as a state-of-the-art cooks’ kitchen, are a few of the special features—and not surprisingly, the home is tech-ready, with integrated security and audio systems.